Genetic Testing Services Market with Leading Players like Laboratory Corporation of America Holdings, F. Hoffmann-La Roche Ltd, Illumina, Inc. Quest Diagnostics Incorporated, Genomic Health, Inc. NeoGenomics Laboratories, Inc. Eurofins Scientific, Ambry G

Genetic testing is a process of analysis of human DNA in any of its form or related products such as RNA, chromosomes, DNA and others. Genetic testing is widely used for detection of diseases that are related to genotype, phenotype or mutation. Genetic testing is performed on tumors to diagnose cancer and plan the treatment. The major types of genetic testing are newborn screening, prenatal testing, pre-implantation testing, carrier testing, etc. Genetic testing is employed to identify the risk factors, to screen the newborns, and also in forensics.

An off-the-shelf report on Genetic Testing Services Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027.

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The key players influencing the market are:

Laboratory Corporation of America Holdings
F. Hoffmann-La Roche Ltd
Illumina, Inc.
Quest Diagnostics Incorporated
Genomic Health, Inc.
NeoGenomics Laboratories, Inc.
Eurofins Scientific
Ambry Genetics
CENTOGENE AG
23and Me, Inc.

The global genetic testing services market is segmented on the basis of test type, application, and service provider. On the basis of test type the segment is classified as prenatal testing, newborn screening, predictive & presymptomatic testing, and pharmacogenomic testing. The application segment is divided as oncology, autoimmune diseases and infectious diseases. The service provider segment is segmented as hospital-based laboratories, diagnostic laboratories, and specialty clinics.

Genetic Testing Services Market- Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.

Genetic Testing Services Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

The genetic testing services market is expected to grow significantly in the coming years, owing to the key factors such as, rise in demand for advanced technique for genetic testing, rise in the prevalence of cancer and cardiovascular diseases, and benefits offered by genetic testing during the forecast period. In addition, government initiatives and increased R&D activities in the field are likely to propel the opportunities for the market players to develop more advanced products in the forecasted period.

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