Global Genetic Testing Market: Emerging Trends, Major Key Players PerkinElmer Inc. (US) and Myriad Genetics Inc. (US)

According to the report, he Genetic Testing Market is projected to thrive at a CAGR of 10.30% and is expected to acquire a market value of USD 30.10 Billion by 2027.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global GENETIC TESTING industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Genetic Testing market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Genetic Testing players holding highest market share include PerkinElmer Inc. (US), Myriad Genetics Inc. (US), Abbott Laboratories (US), Illumina Inc. (US). These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• PerkinElmer Inc. (US)
• Myriad Genetics Inc. (US)
• Abbott Laboratories (US)
• Illumina Inc. (US)
• Bio-Rad Laboratories Inc. (the US)
• QIAGEN (Germany)
• Eurofins Scientific (US)
• Quest Diagnostics Incorporated (US)
• Hoffmann-La Roche Ltd (Switzerland)
• Thermo Fisher Scientific Inc. (US)
• Blueprint Genetics (Finland)
• BGI Genomics (China)

Segmental Analysis

Market Segment By Type with focus on market share, consumption trend, and growth rate of GENETIC TESTING Market:
• Prescribed Genetic Testing
• Direct-to-Consumer Genetic Testing)

Market Segment By Method with focus on market share, consumption trend, and growth rate of GENETIC TESTING Market:
• Molecular Genetic Tests/ DNA Tests
• Chromosomal Genetic Tests
• Biochemical Genetic Tests

Market Segment By Application with a focus on market share, consumption trend, and growth rate of GENETIC TESTING Market:
• Reproductive Health (Newborn Screening, Prenatal Screening and Carrier Screening)
• Cancer Screening (Hereditary Cancer, Breast Cancer, Ovarian Cancer and Colon Cancer)
• Ancestry
• Predictive
• Pre-Symptomatic Testing
• others

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global Genetic Testing Geographic Coverage:
• North America
o US
o Canada

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

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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