To understand the industry dynamics in the liquid biopsy market, Michael Porter`s Five Forces analysis is considered,
which provides structured framework for analyzing competitive rivalry, barriers to entry, threat of substitutes, supplier power,
and buyer power as shown in below chart.
In this report, above five forces are analyzed with deeper look on buyer power, which refers to the pressure customers can exert on businesses to get them to provide better quality products, better customer service, and lower prices. Several factors determine buyer`s power such as switching costs, buyers ability to easily backward integrate, buyers price sensitivity, differentiated products, availability of substitutes, etc. Low buyer bargaining power makes an industry more attractive and increases profit potential for the seller, while high buyer bargaining power makes an industry less attractive and decreases profit potential for the seller.
In terms of market potential, the future of the liquid biopsy market looks promising with opportunities in the reference laboratories, hospitals and physician laboratories, and academic and research centers. The global liquid biopsy market is expected to grow with a CAGR of 23% from 2019 to 2024. The major growth drivers for this market are increasing prevalence of cancer, increasing preference for noninvasive procedures, rising emphasis on personalized medicine, and availability of funding for liquid biopsy research and and development.
Designed for existing players and new entrants in the liquid biopsy market, this report titled "Porter`s Five Forces Analysis in the Liquid Biopsy Market: A Deeper Look at Buyer Power" is the comprehensive study providing valuable key insights regarding buyer power and competitive rivalry in the liquid biopsy market. To learn the scope, benefits and other details of this report, download the report brochure. This report will save hundreds of hours of your own personal research time and will significantly benefit in understanding competitive dynamics in the liquid biopsy market.
Table of Contents
1: Market Overview
1.1: Industry Outlook
1.2: Industry Drivers and Challenges
2: Michael Porter`s Five Forces Analysis
2.1: Bargaining Power of Buyers
2.2: Bargaining Power of Suppliers
2.3: Competitive Rivalry in the Industry
2.4: Threat of New Entrants
2.5: Threat of Substitutes
3: 3: A Deeper Look at Buyer Power
Lucintel has been closely tracking and conducting market research for various industries since 1998. This porter`s five forces analysis was designed to analyze competitive rivalry, barriers to entry, threat of substitutes, supplier power, and buyer power of this market.
This study is a culmination of several weeks of efforts performed by Lucintel`s analyst team. The analysts used the following sources for the creation and completion of this valuable study:
- Primary and secondary research on industry, suppliers, and buyers of this market
- Extensive searches of published works, market, and database information pertaining to industry news, and company press releases
- A compilation of the experiences, judgments, and insights of Lucintel`s professionals, who have analyzed and tracked competitiveness, attractiveness, and profit potential of this market over the years
Lucintel collects a significant amount of unintelligent data from a variety of sources and converts this into intelligent data as follows. The intelligent data is used by our clients for making confident business decisions. The figure below is a graphical representation of the end-to-end Lucintel research process.
To learn the scope of, benefits and other details of this report,
download
the report brochure.
Free Customization Form
Fields * are mandatory
To provide the best value for your investment with Lucintel, we can help you customize the report to fit your need. Customization of our syndicated reports allows the customer to extract certain data and information which may not be in the report. As we customize your report, our analyst team can put additional 20 hours of work at no cost to you to meet your specific needs. Please send your requirement by filling below text box. Lucintel strives to be your market research partner and we can help you get critical market information in a most efficient manner.
(Please enter your corporate email.)
Please sign in below to get report brochure - Porter`s Five Forces Analysis in the Liquid Biopsy Market.
At Lucintel, we respect your privacy and maintain the confidentiality of information / data provided by you
(Please enter your corporate email. * These fields are mandatory )
Pre-Purchase Query Form
Fields * are mandatory
(Please enter your corporate email.)
Please sign in or register to get Porter`s Five Forces Analysis in the Liquid Biopsy Market in your Inbox helpdesk@lucintel.com
At Lucintel, we respect your privacy and maintain the confidentiality of information / data provided by you
* These fields are mandatory. At Report Banana, we respect your privacy and maintain the confidentiality of information / data provided by you.
Buy full report or by chapter as follows
Login to your account to access Report Details