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Increasing technological advancements, including NGS and microarray, are prominent factors responsible for the marketu2019s growth. Also, the existence of Rare Diseases Clinical Research Network (RDCRN), an NIH-funded research network of 23 active research groups focused on the diagnosis & treatment of disorders, is anticipated to impact the industry positively. Furthermore, the decline in sequencing prices has shifted the attention to testing rare diseases, which has influenced the adoption of NGS, resulting in the marketu2019s growth.
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Rare Disease Genetic Testing Market Rare Disease Genetic Testing Market Size Worth $2,414.90 Million By 2030 | CAGR: 13.9% Rare Disease Genetic Testing Market Share, Size, Trends, Industry Analysis Report, By Specialty (Molecular Genetic Tests, Chromosomal Genetic Tests, Biochemical Genetic Tests); By Technology; By Disease Type; By End-Use; By Region; Segment Forecast, 2022 - 2030
Rare Disease Genetic Testing Market Estimate & Forecast • The latest report by Polaris Market Research states that the global Rare Disease Genetic Testing market is progressing at a rapid pace and is expected to account $2,414.90 Million By 2030, with a significant CAGR of 13.9% during the anticipated period 2021 to 2028 • The global market report delivers a comprehensive measure of the market for the predicted period which encompasses numerous prominent factors such as market insights, trends, country-level analysis, size, value and volume, share, and growth rate. This study then incorporates opportunities, drivers, restraints, as well as major segments, competitive landscape, major innovations, and COVID-19 impact on trends and future of the market. • Product developments, leading company’s R&D investments, usage of quantitative and qualitative business strategies, and supportive government policies are enhancing the overall growth of the Rare Disease Genetic Testing market. A key objective of this report is to assist clients in making the right selection and method to gain successful results in their enterprise. • The report contains accurate and reliable market data and useful recommendations to provide an overall scenario. While preparing this report on the Rare Disease Genetic Testing market, the analyst has employed advanced tools and techniques such as SWOT analysis and Porter’s Five Forces model.
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Rare Disease Genetic Testing Market Estimate & Forecast • The report comprises in-depth coverage of the Rare Disease Genetic Testing market with detailed market segmentation on the basis of Disease Type, Technology, Specialty, End-use, Region. The advancements and progress in the market is given for the projection period keeping in mind the emerging trends and patterns. This report will help reader understand the market opportunities available in the report. • The study then includes the competitive insights of market across various regions wherein our research analysts explores in-depth profiles of main players along with new product launches, recent technologies influencing the target market. The competitive study section also contains production, major development strategies, revenue, and growth rate for the leading players. This assessment will aid market players to stay ahead of competitive landscape and boost productivity. Major players operating in the Rare Disease Genetic Testing market are: 3billion, Inc., Ambry Genetics, Artemis DNA, Arup Laboratories, Baylor Genetics, Centogene N.V., Color Genomics, Inc., Coopersurgical, Inc., Eurofins Scientific, Fulgent Genetics Inc., Genomenon, Health Network Laboratories, Invitae Corp., Laboratory Corporation of America Holdings, Macrogen, Inc., Myriad Genetics, Inc., Opko Health, Inc., Perkin Elmer, Inc., PreventionGenetics, Progenity, Inc., Quest Diagnostics Inc., Realm IDX, Inc., and Strand Life Sciences. • Browse Complete Report
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