Uploaded on Nov 22, 2019
The Global Genetic Testing Market is anticipated to grow at a CAGR of 10.59% between 2019 and 2027 to generate revenue of $20,507 million by 2027.
Global Genetic Testing Market | Trends, Share, Size, Analysis 2019-2027
Global Genetic Testing Market
Forecast 2019-2027
Key Findings
Market Insights
Regional Insights
Competitive Insights
• Genetic testing can help determine the
modifications that occurs within the genetic
material that can result in various disease or
illness.
• The Global Genetic Testing Market is
anticipated to grow at a CAGR of 10.59%
between 2019 and 2027 to generate revenue of
$20,507 million by 2027.
• The important drivers that are increasing the
growth of the global genetic testing market are
growing usage of diagnosing genetic disorders
and the rise in the incidence of genetic diseases.
• The growing usage of diagnosing genetic disorders,
the rise in incidence of genetic diseases, minimal
health risk associated with genetic testing, the surge
in RNA pipeline tests, advances in genetic testing for
cancer and the growing aging population are the key
factors that are driving the market growth in the global
scenario during the forecasting years of 2019-2027.
• Inaccuracies in results and reimbursement issues are
the major factors hindering the genetic testing market.
Genetic testing offers many important opportunities
for the assessment for risks in the genes and its
diagnosis, but some of the genetic testing does not
recognize all of the possible gene mutation which can
be caused in particular condition or they just give
limited predictive value.
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The Global Genetic Testing Market is anticipated to grow at a CAGR of 10.59% between
2019 and 2027 to generate revenue of $20,507 million by 2027.
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netic-testing-market/#request-free-sample
The North America
Genetic Testing Market is
estimated to project a
CAGR of 10.74% during the
forecast period 2019-2027.
The Europe Genetic Testing M
arket is expected to grow at a
CAGR of 10.33% during the
forecast period 2019-2027.
The Asia Pacific
Genetic Testing Market is
expected to record at a
CAGR of 10.93% during
the forecast period 2019-
2027.
Roche Diagnostics Corporation, PerkinElmer,
Inc., Illumina, Inc., HTG Molecular Diagnostics,
Inc., Pacific Biosciences of California, Inc.,
Myriad Genetics, Inc., Natera, Inc., Danahar
Corporation (Cepheid), Qiagen N.V., Bio-Rad
Laboratories, Inc., Abbott Laboratories,
Luminex Corporation, Genomictree, Inc.,
Integragen S.A, Genentech, Inc., 23ANDME,
DAAN Diagnostics Ltd., Oxford Biodynamics
Limited, and Laboratory Corporation of
America Holdings are the major companies
operating in the market.
Inkwood Research specializes in syndicated research reports,
customized research reports and consulting reports. We offer
market intelligence studies across range of industries including
Technology, Chemicals, Materials, Healthcare and Energy. With
20 years of research experience, we ensure you efficient
deliverables with global and country industry knowledge and
research expertise. Our analysis covers North and South
America, Europe, CEE, CIS, Middle East, Africa and Asia.
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