Gene Panel Market to grow at 19.2% CAGR during 2018-2023 | Illumina, Thermo Fisher Scientific, Agilent Technologies, QIAGEN , BGI , Eurofins Scientific and Others.

Gene Panels Market Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2023. It aims at estimating the market size and the growth potential of this market across different segments, such as industry, application, solution, type, and region. The global Gene Panel Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team. Gene Panel Market report spread across 140 Pages, Profiling 13 Companies and Supported with 86 Tables and 38 Figures is now available in this Research report.

The Global Gene Panels Market is expected to reach US$ 2.95 Billion by 2023 from US$ 1.22 Billion in 2018, at a CAGR of 19.2%. Download Here Free sample Research report of Gene Panel Market at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1517944 .

“The Testing Services segment is projected to grow at the highest CAGR during the forecast period.”
Based on Product & Service, the market is segmented into test kits and testing services. The test services segment is projected to register the highest CAGR during the forecast period. Factors such as the increasing focus of market players on providing efficient gene panel services to researchers and the growing number of government funding programs for genomic research are likely to drive the market for gene panel testing services.

“By Application, the cancer risk assessment segment held the largest share of the market during the forecast period.”
Based on Applications, the market is segmented into cancer risk assessment, diagnosis of congenital diseases, pharmacokinetics, and other applications. The cancer risk assessment segment held the largest share of the gene panels market in 2018. It is also projected to register the highest growth during the forecast period due to the increasing incidence of cancer and the growing demand for gene panels in research and diagnostics to understand the genetic variability of cancer.

“North America to witness the highest growth during the forecast period.”
North America is expected to account for the largest share of the market followed by Europe. North America is also projected to register the highest CAGR during the forecast period. This can be attributed to factors such as the government support for genomics research, presence of leading NGS providers, and growing research on cancer and inherited rare diseases in the region.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 30%; Tier 2 -42%; Tier 3 - 28%
• By Designation: C-level- 25%; D-level- 45%; Others- 30%
• By Region: North America- 48%; Europe-29%;Asia Pacific-19%; Rest of the World-4%

Report Highlights:
• To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

• To forecast the size of the market with respect to five regions: North America, Europe, Asia Pacific, and the Rest of the World

• To provide detailed information regarding the major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

• To analyze market opportunities for stakeholders and provide details of the competitive landscape for the key players

• To track and analyze competitive developments in the gene panel industry, such as agreements, collaborations, acquisitions, product launches, expansions, and R&D activities

Target Audience for Gene Panel Market: NGS sequencing services companies, NGS equipment manufacturers, vendors, and distributors, NGS bioinformatics/data analysis companies, Research institutes and government organizations, Venture capitalists and government funding organizations, Research and consulting firms, Healthcare institutions, Pharmaceutical and biotechnology companies, Contract research organizations , Contract manufacturing organizations.

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Most Popular Companies in the Gene Panel Market include are Illumina, Inc. (US), Thermo Fisher Scientific (US), Agilent Technologies (US), QIAGEN (Germany), BGI (China), Eurofins Scientific (US), F. Hoffmann-La Roche AG (Switzerland), Integrated DNA Technologies (US), GATC Biotech AG (Germany), GENEWIZ, Inc. (US), Novogene Corporation (China), Personalis (US), ArcherDx (US).

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