Genetic Testing Market Demand, Trends, Research Report Forecast 2024
The report "Genetic Testing Market by Testing Type (Predictive & Presymptomatic Testing, Carrier Testing, Prenatal & Newborn Testing, Diagnostic Testing, Pharmacogenomic Testing Others), By Technology (Cytogenetic Testing, Biochemical Testing, Molecular Testing), By Sample Type (Blood, Saliva, Hair Others), By Indication (Cancer, Cardiovascular Diseases, Neurological Diseases, Hematological Diseases, Rare Diseases Others) - Global Forecasts to 2030"
The global genetic testing market is projected to reach USD 18.6 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period 2024-2030. The growth of the market is majorly driven by the increasing emphasis on early disease detection and prevention.
A genetic test's results can help identify a person's risk of acquiring or passing on a genetic ailment as well as confirm or rule out a suspected genetic condition. There are already more than 77,000 genetic tests available, and more are in development.
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Competitive Dashboard:
The prominent key players operating in the global Genetic Testing market are BioReference, BIO-HELIX, Biocartis, Cepheid ( A subsidiary of Danaher), Thermo Fisher Scientific Inc., Invitae Corporation, Bio-Rad Laboratories, Inc., PerkinElmer Inc., Illumina, Inc., QIAGEN, F. Hoffmann-La Roche Ltd., Fulgent Genetics, Myriad Genetics, Inc., Abbott, Eurofins Scientific, Sorenson Genomics, PacBio, ELITechGroup, Genes2Me, Eugene Labs, Otogenetics, Mapmygenome, MedGenome, and Natera, Inc. among others
Regional Overview:
The report also examines the current concerns and their Future Effects on the Genetic Testing Market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the Genetic Testing Market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
A Few Points from the Table of Contents –
1. Executive Summary
2. Global Genetic Testing Market Introduction
3. Global Genetic Testing Market Dynamics
4. Global Genetic Testing Market Analysis, 2019 - 2023 and Forecast 2024 – 2030
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9. Global Genetic Testing Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10. North America Genetic Testing Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11. Europe Genetic Testing Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12. Asia Pacific (APAC) Genetic Testing Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13. Middle East and Africa (MEA) Genetic Testing Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14. Latin America Genetic Testing Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
15. Competition Landscape
16. Research Methodology
17. Appendix and Abbreviations
Scope of The Report:
- The genetic testing market research report includes historical data, trending features, and market growth estimates for the future.
- The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.
- The genetic testing market report helps to provide the best results for business enhancement and business growth.
- The report gives a comprehensive overview of both primary and secondary data.
- The genetic testing market key players covered here to help them strengthen their place in the market.
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