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Rising Direct-to-Consumer Testing favorable to Global Genetic Testing Market Growth

05-13-2022 03:30 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Inkwood Research

Genetic Testing Market

Genetic Testing Market

According to a new market research report launched by Inkwood Research, the Global Genetic Testing Market is predicted to garner $27.81 billion by 2030, projecting a CAGR of 10.25% during the forecast period, 2022-2030.

Browse 72 Market Data Tables and 50 Figures spread over 260 Pages, along with in-depth analysis on the Global Genetic Testing Market by Type, Technology, Application, Disease, & by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Genetic Testing Market Scenario

Genetic testing is the process of evaluating tissues or cells to find changes in proteins, chromosomes, and genes that can signify a condition or disease, like cancer. At the same time, the changes can also suggest increased risks of developing certain conditions or diseases.

The increased direct-to-consumer genetic testing is a key market trend. It facilitates access to genetic information without the involvement of a healthcare provider or health insurance company. It also eliminates the need for clinic visits and the hassle of appointments. In addition, companies are offering genetic testing kits directly to consumers. Also, DTC genetic testing was valued at $1.1 billion in 2020. As a result, the convenience of testing at home has positively impacted the global genetic testing market growth.

The Global Genetic Testing Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Genetic Testing Market by Type, Technology, Application, Disease, & by Geography: https://inkwoodresearch.com/reports/genetic-testing-market/#request-free-sample

Market Segmentation

Market by Type
• Carrier Testing
• Prenatal and Newborn Testing
• Diagnostic Testing
• Predictive & Presymptomatic Testing
• Pharmacogenomic Testing
• Other Types
Market by Technology
• Molecular Testing
• Biochemical Testing
• Cytogenetic Testing
Market by Application
• Genetic Disease Diagnosis
• Cardiovascular Disease Diagnosis
• Cancer Diagnosis
• Other Applications
Market by Disease
• Huntington's Disease
• Cystic Fibrosis
• Rare Diseases
• Sickle Cell Anaemia
• Alzheimer's Disease
• Cancer
• Thalassemia
• Duchenne Muscular Dystrophy
• Other Diseases

Report Highlights

- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030

Companies Profiled

• EUROFINS SCIENTIFIC
• QIAGEN
• ELITECH GROUP
• CSL LIMITED
• QUEST DIAGNOSTICS INC
• DECODE GENETICS
• ROCHE DIAGNOSTICS INC
• PERKINELMER INC
• MYRIAD GENETICS INC
• 23&ME INC
• BIO-RAD LABORATORIES
• BGI GROUP
• ILLUMINA INC
• ABBOTT LABORATORIES
• LUMINEX CORPORATION

Related Reports

GLOBAL DNA SEQUENCING MARKET - The global DNA sequencing market growth is anticipated to progress at a CAGR of 17.05% during the estimated period, 2021-2028.

GLOBAL BIOTECHNOLOGY REAGENTS MARKET - The global biotechnology reagents market is expected to grow at a CAGR of 6.70% during the forecast period, 2020-2028.

Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

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