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Predictive Diagnostics: Global Strategic Business Report

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    Report

  • 276 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2692229

Global Predictive Diagnostics Market to Reach $4.7 Billion by 2030

The global market for Predictive Diagnostics estimated at US$1.9 Billion in the year 2022, is projected to reach a revised size of US$4.7 Billion by 2030, growing at a CAGR of 12% over the analysis period 2022-2030.

The U.S. Market is Estimated at $561.1 Million, While China is Forecast to Grow at 11.1% CAGR

The Predictive Diagnostics market in the U.S. is estimated at US$561.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$804.8 Million by the year 2030 trailing a CAGR of 11.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.6% and 9.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.2% CAGR.

Select Competitors (Total 47 Featured) -

  • Abbott Molecular
  • Almac Group Ltd.
  • Ambry Genetics Corp.
  • BioGenex
  • Epistem Ltd.
  • Epistem Ltd.
  • MDxHEALTH Inc.
  • Myriad Genetics Inc.
  • OPKO Health, Inc.
  • Prometheus Laboratories Inc.
  • QIAGEN N.V.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • A Curtain Raiser
  • Recent Market Activity
  • Predictive Diagnostics - A Key Segment of Genetic Testing
  • Outlook for Predictive Diagnostics Market
  • Growing Popularity of Multi-gene Panels in Clinical Cancer Genetics
  • Clinical Characteristics of Moderate-High Penetrance Genes Other than BRCA1/2
  • Challenges Associated with Multigene-Panel Testing
  • Next-Generation Sequencing - A Giant Leap in Genome Sequencing
  • Genes Included in NGS Panels
  • Predictive Diagnostics - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
  • Abbott Molecular (USA)
  • Almac Group Ltd. (Ireland)
  • Ambry Genetics Corporation (USA)
  • BioGenex (USA)
  • Epistem Ltd. (UK)
  • F. Hoffmann-La Roche Ltd. (Switzerland)
  • Genomic Health, Inc. (USA)
  • MDxHEALTH, Inc. (USA)
  • Myriad Genetics, Inc. (USA)
  • OPKO Health, Inc. (USA)
  • Prometheus Laboratories Inc. (USA)
  • Proteomics International Laboratories Ltd (Australia)
  • QIAGEN N.V. (The Netherlands)
3. MARKET TRENDS & DRIVERS
  • Rising Incidence and Prevalence of CDDs: A Major Growth Driver
  • Increasing Cancer Disease Burden Drives the Demand for Predictive Diagnostics
  • Incidence of Neurodegenerative Diseases Increasing
  • Alzheimer’s Disease
  • Huntington’s Disease
  • Parkinson’s Disease
  • Ballooning Global Population Offers Significant Growth Opportunities
  • Predictive Diagnostics Enable Higher Life Expectancy
  • Widening of Insurance Coverage for Hereditary Cancer Testing
  • Discovery of Novel Biomarkers - Crucial to Predictive Diagnostics
  • Genomic Research Remains Confined to Fundamental Research
  • Unresolved Issues Hamper Widespread Implementation of Genetic Testing for Monogenetic Disease
  • Dearth of Genetic Counselors - A Major Hurdle for the Predictive Genetic Testing
  • Framework for Validation, Regulation, and Ethical Issues - The Need of the Hour
  • Prospects for Predictive Genetic Diagnostics Grow Brighter
  • Predictive Diagnostics - Crucial for Breast Cancer Management
  • Inherited Breast Cancer - An Important End-use Market for Predictive Diagnostics
  • Oncology: A Key Growth Driver for Predictive Diagnostics
  • Genes and Associated Cancers/Tumors
  • Increasing Incidence of Colorectal Cancer in < 50 Age Group: A Business Case for Predictive Diagnostics
  • Growing Number of Colorectal Cancer Risk Population with Lynch Syndrome
  • Launch of PromarkerD: Hope for Early Diagnosis of Diabetic Kidney Disease
  • What is PromarkerD?
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Predictive Diagnostics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Predictive Diagnostics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Predictive Diagnostics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
  • Table 4: World Predictive Diagnostics Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Predictive Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 5: USA Recent Past, Current & Future Analysis for Predictive Diagnostics by Segment - Predictive Diagnostics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 6: USA Historic Review for Predictive Diagnostics by Segment - Predictive Diagnostics Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
CANADA
  • Table 7: Canada Recent Past, Current & Future Analysis for Predictive Diagnostics by Segment - Predictive Diagnostics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 8: Canada Historic Review for Predictive Diagnostics by Segment - Predictive Diagnostics Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
JAPAN
  • Predictive Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 9: Japan Recent Past, Current & Future Analysis for Predictive Diagnostics by Segment - Predictive Diagnostics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 10: Japan Historic Review for Predictive Diagnostics by Segment - Predictive Diagnostics Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
CHINA
  • Predictive Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 11: China Recent Past, Current & Future Analysis for Predictive Diagnostics by Segment - Predictive Diagnostics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 12: China Historic Review for Predictive Diagnostics by Segment - Predictive Diagnostics Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
EUROPE
  • Predictive Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 13: Europe Recent Past, Current & Future Analysis for Predictive Diagnostics by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
  • Table 14: Europe Historic Review for Predictive Diagnostics by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
  • Table 15: Europe 16-Year Perspective for Predictive Diagnostics by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2023 & 2030
FRANCE
  • Predictive Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 16: France Recent Past, Current & Future Analysis for Predictive Diagnostics by Segment - Predictive Diagnostics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 17: France Historic Review for Predictive Diagnostics by Segment - Predictive Diagnostics Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
GERMANY
  • Predictive Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 18: Germany Recent Past, Current & Future Analysis for Predictive Diagnostics by Segment - Predictive Diagnostics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 19: Germany Historic Review for Predictive Diagnostics by Segment - Predictive Diagnostics Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
ITALY
  • Table 20: Italy Recent Past, Current & Future Analysis for Predictive Diagnostics by Segment - Predictive Diagnostics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 21: Italy Historic Review for Predictive Diagnostics by Segment - Predictive Diagnostics Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
UNITED KINGDOM
  • Predictive Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 22: UK Recent Past, Current & Future Analysis for Predictive Diagnostics by Segment - Predictive Diagnostics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 23: UK Historic Review for Predictive Diagnostics by Segment - Predictive Diagnostics Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
REST OF EUROPE
  • Table 24: Rest of Europe Recent Past, Current & Future Analysis for Predictive Diagnostics by Segment - Predictive Diagnostics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 25: Rest of Europe Historic Review for Predictive Diagnostics by Segment - Predictive Diagnostics Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
ASIA-PACIFIC
  • Predictive Diagnostics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 26: Asia-Pacific Recent Past, Current & Future Analysis for Predictive Diagnostics by Segment - Predictive Diagnostics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 27: Asia-Pacific Historic Review for Predictive Diagnostics by Segment - Predictive Diagnostics Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
REST OF WORLD
  • Table 28: Rest of World Recent Past, Current & Future Analysis for Predictive Diagnostics by Segment - Predictive Diagnostics - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
  • Table 29: Rest of World Historic Review for Predictive Diagnostics by Segment - Predictive Diagnostics Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2021 and % CAGR
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Abbott Molecular
  • Almac Group Ltd.
  • Ambry Genetics Corp.
  • BioGenex
  • Epistem Ltd.
  • Epistem Ltd.
  • MDxHEALTH Inc.
  • Myriad Genetics Inc.
  • OPKO Health, Inc.
  • Prometheus Laboratories Inc.
  • QIAGEN N.V.

Table Information