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Rare Disease Genetic Testing Market Size Share Analysis 2022-2029

12-08-2022 10:01 AM CET | Health & Medicine

Press release from: DataM Intelligence

Rare Disease Genetic Testing Market Size Share Analysis 2022-2029||DataM Intelligence

Rare Disease Genetic Testing Market Size Share Analysis 2022-2029||DataM Intelligence

The Rare Disease Genetic Testing Market is expected to grow at a CAGR of 9.7% during the forecast period 2022-2029. North America region has the highest market share in the Rare Disease Genetic Testing Market, and it is further continuing its dominance during the forecast period.

Browse Full Report at: https://www.datamintelligence.com/research-report/rare-disease-genetic-testing-market

Our research report gives wide perceptions of the latest trends and development prospects of the market analysis, detailed segmentation analysis, volume, size, share, growth drives, and opportunities in the market. In-depth regional and country-level illustration of the competitive landscape depends on several phases and status of clinical trials over the prominent economies of the globe, and also report contains a number of major companies profiled in the relevant market.

Market Drivers:

The increase in the number of readily available registries, which make it possible to pool data to obtain a sufficient sample size for clinical and epidemiological research, is the primary driver of market expansion. The market has also grown as a result of technological advancements in clinical practice data interpretation and collection. Companies are working to collect data from a variety of ethnic groups efficiently, which will help diagnose thousands of patients with the same condition.

In addition, Centogene and other businesses combine metabolomics and proteomics with genetic testing to guarantee the most accurate data analysis procedure possible. The multi-omics approach helps to better comprehend how a particular mutation affects the protein and metabolite levels. Genetic tests are being used to diagnose rare diseases thanks to the company's introduction of a system that makes the process of collecting samples easier. The fact that the majority of these diseases affect children complicates the procedure further. The market is also expected to benefit from government-sponsored programs. In accordance with the Rashtriya Arogaya Nidhi program, the Indian government announced in February 2020 a one-time treatment grant of INR 15 million for patients with rare conditions. The global market for genetic testing for rare diseases benefits from this.

Download Sample Report at: https://www.datamintelligence.com/download-sample/rare-disease-genetic-testing-market

Market Segmentation:

By Type:
• Neurological Disorders
• Endocrine
• Metabolism Diseases
• Haematology Diseases
• Immunological Disorders
• Musculoskeletal
• Others

By Technology:
• Next-Generation Sequencing
• FISH
• Array Technology
• PCR-Based Testing
• Sanger Sequencing
• Karyotyping
• Others

By Specialty:
• Molecular Genetic Tests
• Chromosomal Genetic Tests
• Biochemical Genetic Tests

By End User:
• Hospitals
• Research Laboratories
• Diagnostic Laboratories
• Others

Geographical Classification:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa

Major Companies Listed:

Quest Diagnostics Inc, Centogen N.V.,Invital Corporation, 3 billion Inc ,Arup Laboratories, Eurofins Scientific, Strand Life Sciences, Ambry Genetics, Perkin Ebmer Inc, Macrogen Inc, Baylor Genetics, Color Genomics ,Inc , Health Network Laboratories, Preventiongenetics, Progenity ,Inc, Co opersurgical ,Inc, Fulgent Genetics Inc, Myriad Genetics , Inc , Laboratory Coorporation of America Holdings.

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DataM Intelligence 4market Research LLP
Ground floor, DSL Abacus IT Park,
Industrial Development Area, Uppal,
Hyderabad, Telangana 500039.

DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year, we have secured more than 100 unique customers from established organizations all over the world.

We monitor and analyse the market by dissecting various market influencers, competitive intensity, innovations, trends, and emerging products. This aids us in providing a detailed scenario of the present and future of the market.

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