COVID-19 Impact on Genetic Testing Market Which Like to Reach $17,607 Million by 2025

Rise in the prevalence of genetic disorders and cancer plays a major role in the growth of the genetic testing market. Furthermore, surge in personalized medicine treatment is expected to boost the market growth in the coming years.

Global Genetic Testing Market report it provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consists of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables).

According to a new report published by Allied Market Research, titled, “Genetic Testing Market by Type (Predictive Testing, Carrier Testing, Prenatal & Newborn Testing, Diagnostic Testing, Pharmacogenomic Testing, and Others), Technology (Cytogenetic Testing, Biochemical Testing, and Molecular Testing), and Application (Chromosome Analysis, Genetic Disease Diagnosis, Cardiovascular Disease Diagnosis, and Others): Global Opportunity Analysis and Industry Forecast, 2018 - 2025”

The global genetic testing market was valued at $7,502 million in 2017 and is projected to reach $17,607 million by 2025, growing at a CAGR of 11.3% from 2018 to 2025.

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Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report provides a comprehensive analysis of the key players operating in the global genetic testing market, which include Abbott Laboratories, Bio-Rad Laboratories, Inc. (RainDance Technologies, Inc.), Myriad Genetics, Inc. (Myriad RBM, Inc.), Danaher Corporation (Cepheid), F. Hoffmann-La Roche Ltd., Eurofins Scientific, Illumina, Inc., Qiagen N.V., Novartis International AG, and Thermo Fisher Scientific, Inc. The other players in the genetic testing industry include Agilent Technologies, Inc., Empire Genomics, LLC, Irvine Scientific, PerkinElmer, Inc., Sysmex Corporation, and others.

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Key Benefits
• The study provides an in-depth analysis of the market along with current trends and future estimations to elucidate the imminent investment pockets.
• Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
• It offers a quantitative analysis to enable the stakeholders to capitalize on the prevailing market opportunities.
• Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
• Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the global market.

Genetic Testing Key Market Segments:

By Type
• Predictive Testing
• Carrier Testing
• Prenatal & Newborn Testing
• Diagnostic Testing
• Pharmacogenomic Testing
• Others

By Technology
• Cytogenetic Testing/ Chromosome Analysis
• Biochemical Testing
• Molecular Testing
o DNA Sequencing
o Others

By Application
• Chromosome Analysis
• Genetic Disease Diagnosis
• Cardiovascular Disease Diagnosis
• Others

By Region
• North America
o U.S.
o Canada
o Mexico

• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe

• Asia-Pacific
o Australia
o Japan
o India
o China
o South Korea
o Rest of Asia-Pacific

• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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