Global genetic testing was estimated to be USD XX million in 2016 and is expected to reach USD XX million by the year 2022, growing at a healthy CAGR of XX% from 2017 to 2022.
In the recent years, with advancements in science and technology, genetic testing has grown to become one of the most important markets in healthcare. Genetic testing allows diagnosis of a disease after its onset, as well as predicting the risk of acquiring a certain disease.
There are a number of government initiatives that are being taken to bring about awareness and educate people about the benefits of genetic testing. Increasing emphasis on early disease detection and prevention, growing demand for personalized medicine and increasing application of genetic testing in oncology are major drivers of the market
High Costs of Genetic Testing and Social and Ethical Implications of Genetic Testing are major restraints
By type, the market is segmented into carrier testing, diagnostic testing, new-born screening, predictive & pre-symptomatic testing and prenatal testing. By disease, the market is segmented into Alzheimer's, cancer, cystic fibrosis, sickle cell anemia, Duchenne's muscular dystrophy, thalassemia, and Huntington’s disease. By technology, the market is segmented into cytogenetic testing, molecular testing, and biochemical testing markets.By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East & Africa and South America.
Market analysis for the market, with region specific assessments and competition analysis.
Market definition along with the identification of key drivers, restraints opportunities and challenges.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a Europe and regional scale.
Extensively researched competitive landscape section with company profiles of key players with the analysis of their current strategic interests and key financial information.
Identification and analysis of the macro and micro factors that affect the Global Genetic Testing Market.
Insights of the market in the regions that have the highest potential for growth and also identify the markets that are still untapped.