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Europe Rare Disease Diagnostics Market is anticipated to grow to USD 22,767.23 million by 2032, at a CAGR of 9.1% from 2024 to 2032

05-20-2024 12:55 PM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Europe Rare Disease Diagnostics Market

Europe Rare Disease Diagnostics Market

According to Polaris Market Research predictions, the Europe rare disease diagnostics market size was valued at USD 10,402.81 million in 2023. The market is anticipated to grow to USD 22,767.23 million by 2032, exhibiting a CAGR of 9.1% during the forecast period.

The market growth is primarily fuelled by advancements in information technology, particularly in AI and ML, which play an important part in results for persons with rare illnesses. The amalgamation of AL and ML in healthcare and medication is becoming growingly frequent. For instance, the advancement of online instruments for determining genetic or rare illnesses that utilize the notion of phenotype to structure characteristics imitation through phenotypic resemblance.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.polarismarketresearch.com/industry-analysis/europe-rare-disease-diagnostics-market/request-for-sample

ML algorithms aggregate data sources such as hospital information structures, electronic health records, and health-connected catalogs; a contemporary strategy is significant for generating AI-propelled resolution reinforcement instruments to help clinicians in their diagnostic procedures and decrease the time taken for rare illnesses patients to acquire a diagnosis.

Around 36 million people in the EU reside with rare illnesses. There are in excess of 6000 well-defined rare illnesses in the EU. So, if one rare illness may influence only a few people another may affect as many as 245000. Approximately 80% of rare illnesses are of genetic beginning, out of those, 70% commence in childhood. The EU's deliberate aim for rare illnesses is to enhance the patient's approach to diagnosis, details, and care. It helps in connecting meager assets spread across the EU, sanctioning patients and experts to allocate proficiency and information.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

The aggressive topography of the market is portrayed by severe contention amidst critical players attempting to acquire market share conversion themselves through invention and tactical alliances. Some of the current players in the Europe rare disease diagnostics market are:

3billion Inc
ARCHIMED Life Science GmbH
Centogene N.V.
Color Health Inc.
Eurofins Scientific, Inc.
Invitae Corporation
Macrogen Inc.
Quest Diagnostics Incorporated
REALM IDx, Inc.
Roche
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:ย https://www.polarismarketresearch.com/buy/3871/2

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

Germany dominated the Europe rare disease diagnostics market. The region's growth is foremost propelled by the country having a robust healthcare framework, renowned research bodies, and a dedication to inventions all of which results in progression of diagnostic technologies.ย 
Segmental Overview:

Polaris Market Research has segmented the Europe Rare Disease Diagnostics market report based on disease type, product type, sample type, technology, test, age group, trait type, end-user and country:

Europe Rare Disease Diagnostics, Disease Type Outlook (Revenueย -ย USD Million, 2019 - 2032)

Gastroenterology Disease
Endocrine and Metabolism Disorders Disease
Cardiovascular Disorders
Musculoskeletal Disorders
Neurology Disease
Hematology and Oncology Disease
Dermatology Disease
Others

Europe Rare Disease Diagnostics, Product Type Outlook (Revenueย -ย USD Million, 2019 - 2032)

Kits & Reagents
Instruments
Software
Europe Rare Disease Diagnostics, Sample Type Outlook (Revenueย -ย USD Million, 2019 - 2032)

Blood Sample
Buccal Swab Sample
Others

Europe Rare Disease Diagnostics, Technology Outlook (Revenueย -ย USD Million, 2019 - 2032)

NGS
Whole Exome
Whole Genome
Array
PCR Based Testing
FISH
Sanger Sequencing
Karyotyping

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/europe-rare-disease-diagnostics-market

Europe Rare Disease Diagnostics, Test Outlook (Revenue - USD Million, 2019 - 2032)

Genetic Test
Lab Test
Imaging Test
Europe Rare Disease Diagnostics, Age Group Outlook (Revenueย -ย USD Million, 2019 - 2032)

Children
Adult
Europe Rare Disease Diagnostics, Trait Type Outlook (Revenueย -ย USD Million, 2019 - 2032)

Inherited
Acquired
Europe Rare Disease Diagnostics, End- Use Outlook (Revenueย -ย USD Million, 2019 - 2032)

Research Laboratories & Cros
Hospitals & Clinics
Diagnostic Laboratories

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

๐”.๐’. ๐ˆ๐ง๐๐ฎ๐œ๐ž๐ ๐๐ฅ๐ฎ๐ซ๐ข๐ฉ๐จ๐ญ๐ž๐ง๐ญ ๐’๐ญ๐ž๐ฆ ๐‚๐ž๐ฅ๐ฅ (๐ข๐๐’๐‚) ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/us-induced-pluripotent-stem-cell-ipsc-market

๐‘๐š๐ซ๐ž ๐ƒ๐ข๐ฌ๐ž๐š๐ฌ๐ž ๐ƒ๐ข๐š๐ ๐ง๐จ๐ฌ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/rare-disease-diagnostics-market

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐ˆ๐ง๐๐ฎ๐œ๐ž๐ ๐๐ฅ๐ฎ๐ซ๐ข๐ฉ๐จ๐ญ๐ž๐ง๐ญ ๐’๐ญ๐ž๐ฆ ๐‚๐ž๐ฅ๐ฅ (๐ข๐๐’๐‚) ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/europe-induced-pluripotent-stem-cell-ipsc-market

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐Ž๐ซ๐ญ๐ก๐จ๐ฉ๐ž๐๐ข๐œ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/europe-orthopedic-devices-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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