+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Huntington's Disease Genetic Testing Market Research Report: By Patient Gender (Male, Female), Patient Group (Adult, Aged, Adolescent, Child) - Global Industry Analysis and Growth Forecast to 2030

  • ID: 5229084
  • Report
  • October 2020
  • Region: Global
  • 41 pages
  • Prescient & Strategic Intelligence Private Limited
The global Huntington’s disease (HD) genetic testing market is predicted to generate a revenue of $28.3 million by 2030, increasing from $20.6 million in 2019, progressing at a 3.1% CAGR during the forecast period (2020-2030), as per a research conducted by the publisher. The presence of a large middle-aged population, reducing costs of genetic tests, initiatives taken by private and public organizations for raising awareness regarding HD, and reducing costs of genetic tests are leading to the growth of the market.

When the patient gender segment is taken into consideration, the market is bifurcated into female and male, between which, the male division accounted for the major share of the market during the historical period (2014-2019). The division is further expected to witness the higher CAGR during the forecast period. The prevalence of HD among males is higher than that among females. In fact, the prevalence of various genetic diseases is higher in the male population, thereby leading to higher need for genetic testing.

Geographically, North America dominated the Huntington’s disease genetic testing market in the past, owing to the presence of major players in the U.S. and the rising prevalence of genetic diseases in the region. In addition to this, a large number of facilities, where genetic testing is conducted, and increasing spending in the healthcare sector are also leading to the growth of the regional market. The region is further projected to witness the highest CAGR during the forecast period.

The declining cost of genetic testing and increasing prevalence of HD are among the major driving factors of the Huntington’s disease genetic testing market. For HD, the cost of genetic testing is around $100-$200, depending on the complexity, nature, and count of the tests. Because of the low cost of testing and high availability of test kits for HD all over the world, the inclination towards early diagnosis has risen considerably over the past few years.

The presence of a huge middle-aged population is also a key driving factor of the Huntington’s disease genetic testing market. As per the World Bank, the population between the ages of 15 and 64 was 4.5 billion in 2010 and reached 5.0 billion in 2010, globally. Symptoms of HD generally starts showing between the ages of 30 and 50. Ascribed to this, the high number of middle-aged people is resulting in the growth of the market.

In conclusion, the market is growing due to the reduction in the cost of genetic testing, wide middle-aged population, and high prevalence of HD.
Note: Product cover images may vary from those shown
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Patient Gender
1.3.2 Market Segmentation by Patient Group
1.3.3 Market Segmentation by Region
1.3.4 Analysis Piod
1.3.5 Market Data Reporting Unit
1.3.5.1 Value
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By region
2.2.1.2 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Patient Gender
4.1.2 By Patient Group
4.2 Market Dynamics
4.2.1 Trends
4.2.1.1 Development and launch of new genetic testing kits and tests
4.2.2 Drivers
4.2.2.1 Low cost of genetic tests and high prevalence of HD
4.2.2.2 Initiatives taken by public and private organizations to raise awareness about HD
4.2.2.3 Availability of various types of genetic tests
4.2.2.4 Large middle-aged population base
4.2.2.5 Impact analysis of drivers on market forecast
4.2.3 Restraints
4.2.3.1 Growing concerns over data security
4.2.3.2 High cost of HD genetic testing equipment
4.2.3.3 Impact analysis of restraints on market forecast
4.2.4 Opportunities
4.2.4.1 Increasing focus on genetic testing in emerging economies
4.3 Porter’s Five Forces Analysis
4.3.1 Bargaining Power of Buyers
4.3.2 Bargaining Power of Suppliers
4.3.3 Intensity of Rivalry
4.3.4 Threat of New Entrants
4.3.5 Threat of Substitutes
4.4 COVID-19 Impact on Global HD Genetic Testing Market

Chapter 5. Global Market Size and Forecast
5.1 By Patient Gender
6.1 By Patient Group
6.2 By Region

Chapter 7. Appendix
7.1 Abbreviations
7.2 Sources and References
7.3 Related Reports

List of Tables
Table 1 Analysis Period Of The Study
Table 2 Drivers For The Market: Impact Analysis
Table 3 Restraints For The Market: Impact Analysis
Table 4 Global Hd Genetic Testing Market, By Patient Gender, $’000 (2014-2019)
Table 5 Global Hd Genetic Testing Market, By Patient Gender, $’000 (2020-2030)
Table 6 Global Hd Genetic Testing Market, By Patient Group, $’000 (2014-2019)
Table 7 Global Hd Genetic Testing Market, By Patient Group, $’000 (2020-2030)
Table 8 Global Hd Genetic Testing Market, By Region, $’000 (2014-2019)
Table 9 Global Hd Genetic Testing Market, By Region, $’000 (2020-2030)

List Of Figures
Fig 1 Research Scope
Fig 2 Research Methodology
Fig 3 Regional Split Of Primary And Secondary Research
Fig 4 Breakdown Of Primary Research By Region
Fig 5 Breakdown Of Primary Research By Company Type
Fig 6 Data Triangulation Approach
Fig 7 Global Hd Genetic Testing Market Summary
Fig 8 Bargaining Power Of Buyers
Fig 9 Bargaining Power Of Suppliers
Fig 10 Intensity Of Rivalry
Fig 11 Threat Of New Entrants
Fig 12 Threat Of Substitutes
Fig 13 Global Hd Genetic Testing Market Snapshot (2019)
Fig 14 Global Hd Genetic Testing Market, By Patient Gender, $’000 (2014-2030)
Fig 15 Global Hd Genetic Testing Market, By Patient Group, $’000 (2014-2030)
Fig 16 Global Hd Genetic Testing Market, By Region, $’000 (2014-2030)
Note: Product cover images may vary from those shown

Loading
LOADING...

Adroll
adroll