Paternity & Relationship Testing Services Trends and Forecast
The future of the global paternity & relationship testing services market looks promising with opportunities in the legal, migrant, clinical, and discretionary markets. The global paternity & relationship testing services market is expected to grow with a CAGR of 9.8% from 2024 to 2030. The major drivers for this market are growing prevalence of genetic disorders and chromosomal abnormalities, increasing awareness towards the benefits of DNA testing, and rising demand for legal paternity testing.A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Paternity & Relationship Testing Services by Segment
The study includes a forecast for the global paternity & relationship testing services by product, application, and region.Paternity & Relationship Testing Services Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Instruments
- Reagents and Kits
- Software and Services
Paternity & Relationship Testing Services Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Legal
- Migrant
- Clinical
- Discretionary
Paternity & Relationship Testing Services Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Paternity & Relationship Testing Services Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies paternity & relationship testing services companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the paternity & relationship testing services companies profiled in this report include-- Alphabiolabs
- Bureau Veritas
- Canadian DNA Services
- Easy DNA
- Eurofins Scientific
- Gene By Gene
- Genex Diagnostics
- Intelligenetics
- Invitae Corporation
- Laboratory Corporation Of America
Paternity & Relationship Testing Services Market Insights
The publisher forecasts that reagents and kits will remain the largest segment as it includes DNA extraction kits, PCR kits, and reagents for gel electrophoresis and other analytical techniques which are important for performing paternity and relationship testing.Within this market, legal will remain the largest segment due to rising need for establishing paternity for child support and other legal purposes and thus resolving child custody disputes.
North America will remain the largest segment over the forecast period due to well-established healthcare infrastructure in the region.
Features of the Global Paternity & Relationship Testing Services Market
- Market Size Estimates: Paternity & relationship testing services market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Paternity & relationship testing services market size by product, application, and region in terms of value ($B).
- Regional Analysis: Paternity & relationship testing services market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the paternity & relationship testing services market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the paternity & relationship testing services market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for paternity & relationship testing services market?Answer: The global paternity & relationship testing services market is expected to grow with a CAGR of 9.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the paternity & relationship testing services market?
Answer: The major drivers for this market are growing prevalence of genetic disorders and chromosomal abnormalities, increasing awareness towards the benefits of DNA testing, and rising demand for legal paternity testing.
Q3. What are the major segments for paternity & relationship testing services market?
Answer: The future of the paternity & relationship testing services market looks promising with opportunities in the legal, migrant, clinical, and discretionary markets.
Q4. Who are the key paternity & relationship testing services market companies?
Answer: Some of the key paternity & relationship testing services companies are as follows:
- Alphabiolabs
- Bureau Veritas
- Canadian DNA Services
- Easy DNA
- Eurofins Scientific
- Gene By Gene
- Genex Diagnostics
- Intelligenetics
- Invitae Corporation
- Laboratory Corporation Of America
Answer: The publisher forecasts that reagents and kits will remain the largest segment as it includes DNA extraction kits, PCR kits, and reagents for gel electrophoresis and other analytical techniques which are important for performing paternity and relationship testing.
Q6. In paternity & relationship testing services market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest segment over the forecast period due to well-established healthcare infrastructure in the region.
Q7. Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the paternity & relationship testing services market by product (instruments, reagents and kits, and software and services), application (legal, migrant, clinical, and discretionary), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Paternity & Relationship Testing Services Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alphabiolabs
- Bureau Veritas
- Canadian DNA Services
- Easy DNA
- Eurofins Scientific
- Gene By Gene
- Genex Diagnostics
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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