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The genetic testing market is forecasted to grow byUSD 8.88 billion during 2023-2028, accelerating at a CAGR of 14.02% during the forecast period. The report on the genetic testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising prevalence of genetic diseases and disorders, rising approval of advanced genetic testing products, and increasing affordability due to the reduction in the cost of genetic testing.
The genetic testing market is segmented as below:
By Product
- Equipment
- Consumables
By Technology
- Molecular testing
- Cytogenetic testing
- Biochemical testing
By Geography
- North America
- Europe
- Asia
- Rest of World (ROW)
The report on the genetic testing market covers the following areas:
- Genetic testing market sizing
- Genetic testing market forecast
- Genetic testing market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global genetic testing market: Abbott Laboratories, Agilent Technologies Inc., ARUP Laboratories, Asper Biogene, ATS GENETECH PVT. LTD., Bio Rad Laboratories Inc., bioMerieux SA, CENTOGENE NV, Color Health Inc., Danaher Corp., F. Hoffmann La Roche Ltd., Genea Ltd., Illumina Inc., Invitae Corp., MedGenome Labs Ltd., Myriad Genetics Inc., QIAGEN NV, Quest Diagnostics Inc., Siemens Healthineers AG, and The Cooper Companies Inc.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advancements in next-generation sequencing."
According to the report, one of the major drivers for this market is the rising prevalence of genetic diseases and disorders.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abbott Laboratories
- Agilent Technologies Inc.
- ARUP Laboratories
- Asper Biogene
- ATS GENETECH PVT. LTD.
- Bio Rad Laboratories Inc.
- bioMerieux SA
- CENTOGENE NV
- Color Health Inc.
- Danaher Corp.
- F. Hoffmann La Roche Ltd.
- Genea Ltd.
- Illumina Inc.
- Invitae Corp.
- MedGenome Labs Ltd.
- Myriad Genetics Inc.
- QIAGEN NV
- Quest Diagnostics Inc.
- Siemens Healthineers AG
- The Cooper Companies Inc.
