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The global genetic testing market is projected to expand at a CAGR of 13.17% during the forecast period to reach US$8.162 billion by 2024 from US$3.885 billion in 2018. As investments in research and development related to genetic testing increases, the global genetic testing market is expected to witness a substantial boost in its overall growth in the next five years.
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Genetic Testing Market Forecast From 2019 to 2024
DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, The global genetic testing market is projected to expand at a CAGR of 13.17% during the forecast period to reach US$8.162 billion by 2024 from US$3.885 billion in 2018. The global genetic testing demand is driven by a number of factors such as aging global population, rising incidences of genetic and hereditary diseases, growing awareness, technological advancements and rise in the application of genetic testing for early detection of various diseases. With the development of new technologies and innovation in both scientific research and research equipment, genetic testing is headed towards an era of high significance in the near future. As investments in research and development related to genetic testing increases, the global genetic testing market is expected to witness a substantial boost in its overall growth in the next five years.
Key Questions Answered By The Report • What will be Genetic Testing Marketfrom 2019 to 2024? • How are the major drivers and restraints affecting the Genetic Testing Market? • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Genetic Testing Market are : • By Type • Prenatal Testing • New Born Screening • Diagnostic Testing • Carrier Testing • Predictive & Pre-symptomatic Testing • By Diseases • Cancer • Cystic Fibrosis • Sickle Cell Anemia • Duchenne’s Muscular Dystrophy • Alzheimer’s Diseases • Thalassemia • Huntington’s Disease • Others • By Technology • Introduction • Cyto-genetics Testing • Biochemical Testing • Molecular Testing
Geography North America United States Canada Mexico Others South America Brazil Argentina Others Europe United Kingdom Germany France Italy Others
Geography Middle East and Africa Asia Pacific Japan China India Australia Others
COMPANY PROFILES • F. Hoffmann-La Roche Ltd • Abbott Laboratories • Precipio, Inc. • Ariosa Diagnostics, Inc. • Biocartis SA • Cepheid • 23&Me, Inc. • Luminex Corporation • Sequenom, Inc • AutoGenomics • Illumina, Inc
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