2022 Genetic Testing Global Market Research Report By Application, By Type, By Region, Shares, Trends And Forecast 2031

The global genetic testing market report by the business research company identifies rising prevalence of genetic disorders is expected to propel the growth of the genetic testing market going forward. Genetic disorders refer to some diseases that cause symptoms at birth, while others develop over time. Genetic testing can help get a diagnosis for a genetic issue and information about the chances of developing cancer. For instance, in November 2021, according to the National Center for Biotechnology Information, a US-based medical organization, genetic illnesses were found in 9.4 %of pediatric patients, with 44.7% of these patients being critically ill newborns. Also, 13.17 million patients in the US suffer from unique genetic disorders. Therefore, the rising prevalence of genetic disorders is driving the genetic testing market.

The global genetic testing market size is expected to grow from $13.72 billion in 2021 to $15.36 billion in 2022 at a compound annual growth rate (CAGR) of 12%. The global genetic testing market size is expected to grow to $22.91 billion in 2026 at a CAGR of 10.5%.

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North America was the largest region in the genetic testing market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global genetic testing market during the forecast period. The regions covered in the global genetic testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the genetic testing market are Abbott Laboratories, Bio-Rad Laboratories Inc., Eurofins Scientific, F. Hoffmann-La Roche Ltd., Illumina Inc., Myriad Genetics Inc., QIAGEN, Thermo Fisher Scientific, Quest Diagnostics, BGI Group, Biocartis Group, 23 and Me Inc., Blueprint Genetics, CSL Limited, bioMerieux SA, PerkinElmer Inc., and Agilent Technologies Inc.

The global Genetic testing market is segmented -
1) By Type:
Predictive Testing
Carrier Testing
Prenatal and Newborn Testing
Diagnostic Testing
Pharmacogenomic Testing
Nutrigenomic Testing

2) By Technology:
Cytogenetic Testing
Biochemical Testing
Molecular Testing

3) By Disease:
Alzheimer's Disease
Cancer
Cystic Fibrosis
Sickle Cell Anemia
Duchenne Muscular Dystrophy
Thalassemia

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The Genetic testing Market Report Contents Include
1. Executive Summary
2. Genetic Testing Market Characteristics
3. Genetic Testing Market Trends And Strategies
4. Impact Of COVID-19 On Genetic Testing Market
5. Genetic Testing Market Size And Growth
….....
28. Key Mergers And Acquisitions In The Genetic Testing Market
29. Genetic Testing Market Future Outlook And Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the genetic testing market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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