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Genetic Testing Market Overview
The industry overview gives thorough details about the size of the market all the market dynamics including strategies, market revenue, pricing analysis, micro and macro market trends and scenarios & Industry benchmarks. Region wise market opportunities & barriers are also studied in detail.
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Genetic Testing Market is anticipated to reach US$ 39.73 Bn. by 2029 from US$ 18.43 Bn. in 2022 at a CAGR of 11.6% during a forecast period.
Genetic Testing Market Report Scope and Research Methodology
The Genetic Testing Market report includes the comprehensive analysis of the industry in a simple language. A detailed analysis of Genetic Testing Market dynamics has been included in the report. The past, present and the expected trends in the forecast period has also been provided in the report. For understanding the global factors affecting the industry, the report presents drivers, challenges, restraints and opportunities prevailing in the Genetic Testing market. Detailed analysis of external & internal factors impacting the market is covered through PESTEL & PORTER analysis.
Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Genetic Testing market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Genetic Testing market size, the bottom-up approach was used.
Genetic Testing Market Regional Insights
The regional analytics cover North America, South America, Asia Pacific, Europe & Middle East and Africa. The report includes a detailed explanation of market size, market drivers, barriers, CAGR, and import and export in all the regions.
Genetic Testing Market Segmentation
by Disease Alzheimer's Diseases
Cancer
Cystic Fibrosis
Sickle Cell Anemia
Duchenne Muscular Dystrophy
Thalassemia’s
Huntington's Disease
Special Diseases
Others
By disease, genetic testing can help identify a person's lifetime risk of developing various types of cancer. Genetic testing can be used to check for inherited abnormalities and mutations in the DNA sequence that might cause uncontrollable cell development and tumor/cancer. For instance, genetic testing for PALB2, CHEK2, BRIP1, and RAD51C and RAD51D has been related to breast and colorectal malignancies, ovarian cancer, and a higher risk of both diseases.
by Technology Cytogenetic Testing
Biochemical Testing
Molecular Testing
Using technology The genetic testing market was led by molecular testing in 2022, and this trend is anticipated to hold during the forecast period. The most popular method of genetic testing, molecular testing, adds to the sector's expansion. The technology is used, for instance, in genetic tests such as carrier testing, diagnostic testing, predictive and presymptomatic testing, and others. A further reason why molecular testing is advised is that it can be used to evaluate DNA gains or losses that are hidden from view by conventional chromosomal analysis.
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Genetic Testing Market Key Players
1. Abbott Laboratories
2. Roche Diagnostics
3. Myriad Genetics, Inc.
4. Thermo Fisher Scientific, Inc.
5. Agilent Technologies, Inc.
6. Hologic, Inc.
7. Illumina, Inc.
8. QIAGEN N.V.
9. Cepheid
10. Quest Diagnostics
11. Precipio Inc.
12. Ariosa Diagnositic Inc.
13. Sequenom Inc.
14. 23andMe
15. Bayer Diagnostics
16. Biocartis
17. BioHelix
18. BioMerieux
19. BGI
20. Counsyl
21. deCODEme
22. Genentech
23. Genomictree
24. IntegraGen
25. LabCorp Diagnostic
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Table Of Content
1. Global Genetic Testing Market: Research Methodology
2. Global Genetic Testing Market: Executive Summary
• Market Overview and Definitions
o Introduction to Global Genetic Testing Market
• Summary
o Key Findings
o Recommendations for Investors
o Recommendations for Market Leaders
o Recommendations for New Market Entry
3. Global Genetic Testing Market: Competitive Analysis
• MMR Competition Matrix
o Market Structure by region
o Competitive Benchmarking of Key Players
• Consolidation in the Market
o M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
o North America
o Europe
o Asia Pacific
o Middle East and Africa
o South America
• COVID-19 Impact
4. Global Genetic Testing Market Segmentation
• Global Genetic Testing Market, by Type (2022-2029)
• Global Genetic Testing Market, by Disease (2022-2029)
• Global Genetic Testing Market, by Technology (2022-2029)
5. Regional Genetic Testing Market(2022-2029)
• Regional Genetic Testing Market, by Type (2022-2029)
• Regional Genetic Testing Market, by Disease (2022-2029)
• Regional Genetic Testing Market, by Technology (2022-2029)
• Regional Genetic Testing Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key questions answered in the Genetic Testing Market are:
Key Offerings:
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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