Human Genetics Market:
Genetics is the study of genes, their functions and their effects. Among the various types of genetics such as molecular genetics, developmental genetics, population genetics and quantitative genetics, human genetics is the study that deals with the inheritance occurs in human beings. It encompasses a variety of overlapping fields such as classical genetics, cytogenetic, molecular genetics, genomics and many more.
The study of human heredity occupies a central position in genetics. Much of this interest stems from a basic desire to know who humans are and why they are as they are. It can be useful as it can answer questions about human nature, understand the diseases and development of effective disease treatment, and understand genetics of human life. At a more practical level, an understanding of human heredity is of critical importance in the prediction, diagnosis, and treatment of diseases that have a genetic component.
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Key Players of Human Genetics Market:
- Agilent Technologies (U.S.)
- Bode Technology (U.S.)
- GE Healthcare (U.K.)
- Illumina (U.S.)
- LGC Forensics (U.K.)
- Orchid Cellmark, Inc. (U.S.)
- Promega Corporation (U.S.)
- QIAGEN N.V. (Netherlands)
- Thermo Fisher Scientific, Inc. (U.S.)
Major Human Genetics Market by Methods: Cytogenetic, Molecular, Presymptomatic and Prenatal.
Human Genetics Market by Product: Consumables, Devices and Accessories.
Human Genetics Market by Applications: Research, Diagnostic and Forensic Science and Others.
Human Genetics Market by End-Users: hospitals, clinics, research centers and forensic departments.
Human Genetics Market Growth Influencer:
The growth driver includes advancement of genetics testing technologies, rising genetic diseases, and rising awareness in terms of increasing knowledge about the potential benefits in genetic testing. Furthermore, aging population and increasing incidence of cancer cases are the other factors propelling growth of human genetics market.
The market for screening the newborns, diagnosing rare and fatal disorders, and predicting the probability of occurrence of abnormalities & diseases are likely to expand. Particularly, genetic tests to screen the newborns are expected to expand immensely over the coming years. Furthermore, the genetic disorders caused by microorganisms such Zika virus is one of the major concern behind of microcephaly. Microcephaly is a birth defect that is associated with a small head and incomplete brain development in newborns that transferred from mother to her child. Such, diseases are expected raise the application of the human genetic studies there by driving by the market. However, the high costing instruments and lack of experienced professionals are the major restraints for the growth of Human genetics market.
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