Somatic Genetic Testing Market Analysis, Size, Share, Trends, Growth And Forecast To 2031 | Agilent Technologies, Inc., ARUP Laboratories

The latest market intelligence report published by WMR with the title "Global Somatic Genetic Testing Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Healthcare and Pharmaceuticals industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.

The Research report on Somatic Genetic Testing Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

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*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Key Trends:

Growing Role of Liquid Biopsies: Liquid biopsy tests are gaining popularity for their non-invasive nature and ability to detect mutations earlier. Our report found liquid biopsies will account for over 30% of the somatic genetic testing market by 2026.

Increased Adoption of NGS Technologies: Next-generation sequencing technologies are lowering testing costs while providing comprehensive genomic profiles. Leading hospitals are upgrading traditional diagnostic methods with NGS-based multi-gene panels.

Rise of CDx Assays: Companion diagnostic assays for oncology drugs are becoming a requirement for reimbursement. Biopharma partnerships will drive further development and adoption of molecular diagnostics with clinical treatment decision applications.

Focus on Rare and Undiagnosed Diseases: Genetic testing companies are expanding panels to include hundreds of rare disease-associated genes. This approach is helping to resolve previously undiagnosed cases.

Growing Role in Cancer Screening: As the costs decline, the inclusion of genomic screening tools into cancer screening guidelines could significantly boost early detection rates and improve outcomes.

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*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):

• By Type:

✦ Product (Kits and Assays, Instruments, and Software)
✦ Services

• By Application:

✦ Academic and Research Institutions
✦ Hospitals and Diagnostic Laboratories
✦ Pharmaceutical and Biotechnology Companies
✦ Contract Research Organizations
✦ Others

• By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa

Following are the players analyzed in the report:

✦ Agilent Technologies, Inc.
✦ ARUP Laboratories
✦ ASURAGEN INC
✦ Beijing Genomics Institute (BGI) Genomics Co., Ltd
✦ bioMérieux S.A.
✦ CENTOGENE N.V
✦ CIRCULOGENE Theranostics, LLC
✦ F. Hoffmann-La Roche Ltd.
✦ Guardant Health, Inc.
✦ Illumina, Inc.
✦ Invivoscribe, Inc.
✦ Laboratory Corporation of America Holdings
✦ Mission Bio
✦ NeoGenomics Laboratories, Inc.
✦ OmniSeq
✦ Oxford Nanopore Technologies, Ltd.
✦ Pacific Biosciences of California, Inc.
✦ QIAGEN N.V.
✦ Quest Diagnostics Incorporated
✦ Thermo Fisher Scientific Inc.

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Deep-dive Analysis:

The Report provides deep-dive qualitative and quantitative analysis on Multi Purpose Engines Market for all the regions and countries covered below:

• North America (the United States, Canada, and Mexico)
• Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
• Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
• South America (Brazil, Argentina, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
• Each Country is covered in detail, and report provides qualitative and quantitative analysis on Multi Purpose Engines Market on each country.

The research provides answers to the following key questions:

1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Multi Purpose Engines market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Multi Purpose Engines market?
4. What are the prominent market trends influencing the development of the Multi Purpose Engines market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Multi Purpose Engines market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

Key insights provided by the report that could help you take critical strategic decisions?

» Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
» Reports provide opportunities and threats faced by suppliers in the Multi Purpose Engines and tubes industry around the world.
» The report shows regions and sectors with the fastest growth potential.
» A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
» The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
» This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.

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