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Innovations In The Predictive And Presymptomatic Testing Market AI24: A Crucial Influence on the Predictive And Presymptomatic Testing Market's Transformation in 2025

02-19-2025 07:43 AM CET | Health & Medicine

Press release from: The Business Research Company

Predictive And Presymptomatic Testing Market

Predictive And Presymptomatic Testing Market

"What Is the Expected Size and Growth Rate of the Predictive And Presymptomatic Testing Market?
In recent years, the market size of predictive and presymptomatic testing has seen rapid expansion. The market is projected to increase from $5.24 billion in 2024 to $5.78 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.3%. The growth during the historical period can be linked to a rise in genetic disorder cases, an escalating demand for early detection of chronic disorders, a heightened prevalence of cancer, a growing embrace of personalized healthcare, and an increase in the availability of direct-to-consumer genetic examinations.

In the coming years, the market size of predictive and presymptomatic testing is anticipated to witness substantial growth, expanding to $8.47 billion in 2029 with a compound annual growth rate (CAGR) of 10.1%. This upward trend in the forecasted timeframe can be credited to a surge in requirements for early detection of diseases, increased investment in biotechnology and genomics, growing interest in non-invasive testing methods, expansion in the elderly population, and advancements in precision medicine initiatives. Key movements in the forecast period incorporate the embracement of personalized medicine, use of home testing kits, integration of genomics with big data, evolution of next-generation sequencing (NGS) technologies, and the incorporation of predictive testing into drug development processes.

What Factors Are Fueling Growth in the Predictive And Presymptomatic Testing Market?
The growing incidence of genetic disorders is set to fuel the expansion of the predictive and presymptomatic testing market. These disorders stem from irregularities in the DNA, such as gene mutations and chromosomal alterations, with conditions like cystic fibrosis and down syndrome being prime examples. The uptick in such disorders is linked to factors like advanced maternal age, environmental influences, and improved diagnosis methods. Predictive and presymptomatic testing is key in lessening the incidence of these disorders by identifying susceptible individuals before the symptoms begin to show. This preemptive strategy enables early intervention or lifestyle modifications that can help avert or reduce the severity of these conditions. For instance, the American Society of Gene and Cell Therapy, a non-profit medical and scientific body in the US, reported in June 2023 that the number of gene therapies in Phase III clinical trials rose by 10% in the third quarter of 2023, the first quarter-on-quarter increase since Q3 2022. Thus, the escalating incidence of genetic disorders is stimulating the growth of the predictive and presymptomatic testing market.

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Which Leading Companies Are Shaping the Growth of the Predictive And Presymptomatic Testing Market?
Major companies operating in the predictive and presymptomatic testing market are F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Mayo Clinic, Quest Diagnostics Inc., Illumina Inc., Bio-Rad Laboratories Inc., Qiagen N.V., Peter MacCallum Cancer Centre, Myriad Genetics Inc., SomaLogic Inc., Siteman Cancer Center, Dante Labs S.R.L., Mapmygenome, Manipal Health Enterprises, Gene Vision, Reliance Diagnostic, GenepoweRx, Personal Genomics, Apollo Hospitals Enterprise Limited, Cardio Diagnostics Inc.

Which Leading Companies Are Shaping the Growth of the Market?
Primary players in the predictive and presymptomatic testing market are pioneering the creation of advanced tests such as multigene tests, capable of examining several genes simultaneously to pinpoint potential health hazards and facilitate early preventive measures. Multigene tests apply a diagnostic method that scrutinizes various genes at once to discern genetic abnormalities or variations linked to specific diseases or conditions, thus assisting in customized medicine and targeted treatment schemes. For example, in July 2022, Genetic Technologies Limited, a biotechnology research firm based in Australia, joined forces with Siles Health, an Australian women's health center. Together, they launched the geneType Multi-Risk Test, which provides thorough risk evaluations for patients. This test is a meticulous genetic assessment tool that gauges a patient's risk for multiple severe diseases, including breast cancer, colorectal cancer, and type 2 diabetes. By studying both inherited and random genetic factors, the test intends to guide personalized healthcare plans and make way for early interventions.

What Are the Key Segments of the Predictive And Presymptomatic Testing Market?
The predictive and presymptomatic testing market covered in this report is segmented -

1) By Test Type: Predictive Testing, Presymptomatic Testing
2) By Application: Cancer Genetic Testing, Cardiovascular Genetic Testing, Neurological Genetic Testing, Other Applications
3) By End User: Hospitals And Clinics, Diagnostic Laboratories, Research Institutes, Other End Users

Subsegments:
1) By Predictive Testing: Genetic Testing for Inherited Conditions, Cancer Risk Prediction, Cardiovascular Disease Prediction, Neurodegenerative Disease Risk Prediction, Genetic Screening for Autosomal Dominant Disorders, Prenatal Predictive Testing, Pharmacogenomic Testing
2) By Presymptomatic Testing: Huntington's Disease Testing, Hereditary Cancer Risk Testing, Cystic Fibrosis Presymptomatic Testing, Early-Onset Alzheimer's Disease Testing, Carrier Screening for Genetic Conditions, Testing for Early Signs of Neurodegenerative Diseases, Presymptomatic Genetic Testing for Familial Diseases

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Which Region Dominates the Predictive And Presymptomatic Testing Market?
North America was the largest region in the predictive and presymptomatic testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the predictive and presymptomatic testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Predictive And Presymptomatic Testing Global Market Report?

- Market Size Analysis: Analyze the predictive and presymptomatic testing Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the predictive and presymptomatic testing market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall predictive and presymptomatic testing market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the predictive and presymptomatic testing market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.

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