Hereditary Cancer Testing Market Latest Trends, Key Drivers, New Opportunities, Business Scope And SWOT Analysis || Key Players Like - Centogene NV, Ambry Genetics, Myriad Genetics Inc., NeoGenomics Laboratories Inc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Hereditary Cancer Testing Market Size, Growth Rate, And Forecast

The global hereditary cancer testing market size is expected to grow from $3.55 billion in 2022 to $3.95 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hereditary cancer testing market size is expected to grow to $5.82 billion in 2027 at a CAGR of 10.2%.

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Hereditary Cancer Testing Market Drivers

The increasing prevalence of hereditary cancer is expected to drive the hereditary cancer testing market. Mutations in specific genes passed down from parents to children cause hereditary cancer syndromes. Hereditary cancer testing can detect specific, heritable, disease-related gene mutations, allowing for a comprehensive cancer risk assessment for patients.

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Hereditary Cancer Testing Market Segments

• By Test Type: Multi Panel Test, Single-site Genetic Test

• By Indication: Breast Cancer, Ovarian Cancer, Colorectal Cancer, Other Indications

• By End user: Hospital, Clinics, Diagnostic Centers

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the hereditary cancer testing market.

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Hereditary Cancer Testing Market Key Players

Major competitors in the hereditary cancer testing market are Centogene NV, Ambry Genetics, Myriad Genetics Inc., NeoGenomics Laboratories Inc., Quest Diagnostics, PreventionGenetics, Fulgent Genetics, Invitae Corporation, Medical Diagnostic Laboratories LLC

The Business Research Company's "Global Hereditary Cancer Testing Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Hereditary Cancer Testing Market Include:
1. Executive Summary
2. Hereditary Cancer Testing Market Characteristics
3. Hereditary Cancer Testing Market Trends And Strategies
4. Hereditary Cancer Testing Market - Macro Economic Scenario
5. Hereditary Cancer Testing Market Size And Growth
………………
27. Hereditary Cancer Testing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hereditary Cancer Testing Market
29. Hereditary Cancer Testing Market Future Outlook and Potential Analysis
30. Appendix

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