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Genetic Testing Market (1)

The global genetic testing market is projected to grow at a considerable CAGR during the forecast period. Predictive testing is expected to witness significant growth during the forecast period, mainly due to increasing awareness related to available tests. Besides, the demand for genetic testing is increasing across the globe owing to the availability of new tests as well as advancement in genetic testing techniques. The companies offer innovative, efficient, and safer techniques of disease detection. Cancer, which is among the most fatal disease globally can find the risk of developing some

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Genetic Testing Market (1)

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  1. Genetic Testing Market To Witness growth by accelearation by 2029. The global genetic testing market is projected to grow at a considerable CAGR during the forecast period. Predictive testing is expected to witness significant growth during the forecast period, mainly due to increasing awareness related to available tests. Besides, the demand for genetic testing is increasing across the globe owing to the availability of new tests as well as advancement in genetic testing techniques. The companies offer innovative, efficient, and safer techniques of disease detection. Cancer, which is among the most fatal disease globally can find the risk of developing some specific cancer by predictive testing. For instance, there are mutations of the BRCA-1 and BRCA-2 genes which exhibit the risk of developing breast and/or ovarian cancers among women. If a woman has a family history of these cancers, they can undergo a genetic test that would find the mutations of those specific genes. Another genetic testing related to predictive cancer testing includes Lynch syndrome, which is an inherited illness linked to colorectal cancer. Testing positive for this increases the risk of colorectal cancer among an individual. Most of these tests are not FDA approved and can be done "direct-to-consumer". In the upcoming years, these tests are expected to be regulated which will provide more accurate and safe testing to the people. To Request A Sample Of Our Report On Genetic Testing Market https://www.omrglobal.com/request- sample/genetic-testing-market Moreover, The adoption of (DTC) direct-to-consumer genetic testing kits in countries such as the US, China, and Japan, is increasing rapidly. With growing technological acceptances, awareness programs, and a drop in costs, the market for DTC-GT kits is likely to witness a significant boost over the forecast period. However, the lack of diagnostic infrastructure in emerging economies is a challenging factor for market growth. A Full Report On Genetic Testing Market is available @ https://www.omrglobal.com/industry- reports/genetic-testing-market Market Coverage •The market number available for – 2020-2027 •Base year- 2020 •Forecast period- 2020-2026 •Segment Covered- o By Technology o By Type o By Diseases •Regions Covered-

  2. o North America o Europe o Asia-Pacific o Rest of the World •Competitive Landscape- Abbott Laboratories, Myriad Genetics, Inc., F. Hoffmann-La Roche Ltd., Illumina, Inc., and Thermo Fisher Scientific, Inc. Key questions addressed by the report •What is the market growth rate? •Which segment and region dominate the market in the base year? •Which segment and region will project the fastest growth in the market? •How COVID-19 impacted the market? •Who is the leader in the market? •How players are addressing challenges to sustain growth? •Where is the investment opportunity? Global Genetic Testing Market Report Segment By Technology •Polymerase Chain Reaction •DNA Sequencing •Cytogenetics (Karyotyping and FISH) •Microarrays •Gene expression profiling By Type •Prenatal and New-Born Genetic Testing •Predictive Testing •Diagnostic Testing •Carrier Testing •Other

  3. By Diseases •Cancer •Alzheimer’s and Parkinson's •Sickle Cell Anaemia •Fanconi Anaemia •Cardiovascular Disease •Others (Cystic Fibrosis, Duchenne's Muscular Dystrophy) Global Genetic Testing Market Report Segment by Region North America •United States •Canada Europe •UK •Germany •Italy •Spain •France •Rest of Europe Asia-Pacific •China •India •Japan •South Korea •Rest of Asia-Pacific Rest of the World •Latin America •Middle East & Africa

  4. For More customized Data Request for Report @ https://www.omrglobal.com/report-customization/genetic-testing- market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

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