Genetic Testing Market is expected to reach $8.8 billion by the end of 2022

“”Genetic Testing Market is expected to grow at a CAGR of 9.6% from 2016 to 2022″”
Global Genetic Testing Market information, by Methods (Cytogenetic, Biochemical and Molecular), Techniques (PCR Technique, Southern Blotting, Ligation and others), Application (New Born Screening, Diagnostic Testing, Prenatal Testing, Forensic Testing and others), End Users (Hospitals, Research Centers, institutions and Others) Forecast to 2022

Market Highlights

The global genetic testing market has been evaluated as rapidly growing and is expected to grow further. Benefits such as predicting risk of diseases, genetic abnormalities along with prenatal and newborn congenital abnormalities etc. had increased the market of global genetic testing globally.

 

Global genetic testing market is growing rapidly post 2016 due to an increasing number of cases of newborn, prenatal and other molecular abnormalities. This market size is expected to increase by USD of 8.8 billion by the end of 2022. Global Genetic Testing Market is expected to grow at 9.6% CAGR From 2016-2022

 

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Key players of Global Genetic Testing Market:

  • Abbott (U.S.)
  • AutoGenomics (Ireland)
  • Biocartis (Switzerland)
  • Bio-Rad (U.S.)
  • Cepheid (U.S.)
  • EKF Diagnostics (U.K.)
  • Elitech Group (France)
  • IntegraGen (France)
  • Interpace Diagnostics (U.S.)
  • Myriad Genetics (U.S.)
  • Perkin Elmir (U.S.A.)
  • Quest Diagnostic (U.S.)
  • Roche Diagnostic
  • WaferGen Biosystem and others

 

With technological advancement in recent years, the genetic testing device market has become one of the most important market in the healthcare industry. Genetic testing allows diagnosis of any disease as well as predicting its risk of affecting any individual. Genetic testing helps in delivering customized health services to the patient hence is also known as personalized medicine. It allows in determining bloodlines, diseases, inherited disorders and even gender and health of the fetus.

 

Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Genetic Testing Market Research Report- Global Forecast To 2022’’

 

Commenting on this report, an analyst from Market Research Future (MRFR)’s team said: “The market for genetic testing is growing rapidly due to increasing demand of newborn and prenatal screening to detect congenital abnormalities and other molecular disorder; moreover these are expected to continue their growth in the coming future. There are various factors and opportunities which help the global genetic testing market to grow, major driving factors includes innovations and technological advancements for diagnosing as well as   increasing cases of prenatal and newborn congenital abnormalities. Some factors which hamper the growth of genetic testing market is high cost involved in the research and development process required for developing new technologies.

 

Segments:

Based on methods of testing

  • cytogenetic,
  • biochemical
  • molecular.

Based on techniques used in screening

  • PCR,
  • southern blotting,
  • ligation and others.

on the basis of application

  • screening,
  • diagnostic testing,
  • prenatal testing,
  • forensic testing,
  • parental testing and others.

Similarly on the basis of end users

  • hospitals
  • research labs and centers
  • institutions and others etc.

 

Table of Content

1    Introduction    
1.1    Definition    
1.2    Scope Of Study    
1.2.1    Research Objective    
1.2.2    Assumptions & Limitations    
1.2.2.1    Assumptions    
1.2.2.2    Limitations    
1.3    Market Structure:    
2    Research Methodology    
2.1    Research Process:    
2.2    Primary Research    
2.3    Secondary Research:    
3    Market Dynamics    
3.1    Drivers    
3.2    Restraints        
3.3    Opportunities    
3.4    Macroeconomic Indicators    

4    Market Factor Analysis    
Continue………

 

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List of Tables

Table 1    Global Genetic Testing Market, By Methods, 2013-2022 (Usd Million)
Table 2    Global Genetic Testing Market, By Techniques, 2013-2022 (Usd Million)
Table 3    Global Genetic Testing Market By Application 2013-2022 (Usd Million)
Table 4    Global Genetic Testing Market, By End Users 2013-2022 (Usd Million)

Continue….

 

List of Figures

Figure 1    Research Process
Figure 2    Porters Five Forces Model
Figure 3    Global Genetic Testing Market Market, By Methods
Figure 4    Global Genetic Testing Market, By Techniques
Figure 5    Global Genetic Testing Market, By Application

Continue….

 

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