Press release
Genetic Testing Services Market Global Rising Demand & Huge Scope Till 2030
Genetic Testing Services Market Size and Forecast (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Service Type (Predictive Testing, Carrier Testing, Prenatal Testing, Newborn Screening, Diagnostic Genetic Testing, and Others), Disease (Cancer, Metabolic Diseases, Cardiovascular Diseases, and Other Diseases), Service Provider (General Testing Services and Liquid Biopsy-Based CGP, MRD, and MCED Service), and Geography (North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America) The genetic testing services market size is expected to grow from US$ 3,425.23 million in 2022 to US$ 10,556.29 million by 2030; it is estimated to record a CAGR of 15.1% during 2022-2030.Get PDF Sample Report + All Related Table and Graphs @: https://www.premiummarketinsights.com/sample/TIP00000555?utm_source=OpenPR&utm_medium=10823
Competitive Landscape: Genetic Testing Services Market:
The growth of the genetic testing services market is attributed to the growing prevalence of genetic diseases, increasing awareness and acceptance of personalized medicines, and growing preference for direct-to-consumer genetic testing. However, the social and ethical implications of genetic testing and the affordability of genetic services hinder market growth.Emerging countries such as China, India, Mexico, and Brazil offer significant growth opportunities to market players. The high growth can be attributed to the increasing public healthcare expenditure, improving healthcare infrastructure, and a large target patient population. The need for genetic testing has also increased owing to a rise in awareness of genetic disorders and their early diagnosis in developing economies.The quality and availability of genetic services may differ between high-income and low- to middle-income countries. For instance, genetic services are well-advanced, established, and extensive in the US, Australia, Canada, the UK, and other European countries. These services include newborn screening, carrier identification screening, and prenatal diagnosis. Yet, in many high-income countries, genetic services offered in multiple settings still need improved assessment systems.
Laboratory Corporation of America Holdings
Hoffmann-La Roche Ltd
Illumina, Inc.
Quest Diagnostics Incorporated
Exact Sciences Corp (Genomic Health)
NeoGenomics Laboratories, Inc.
Eurofins Scientific
Ambry Genetics
Centogene AG
23andMe, Inc.
Bio-Rad Laboratories
Bottom of Form
Chapter Details of Genetic Testing Services Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Genetic Testing Services Market Landscape
Part 04: Genetic Testing Services Market Sizing
Part 05: Genetic Testing Services Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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