Press release
Growing Cancer Prevalence Driving Expansion Of The Market Driver: Leading Transformation in the Gene Panel Market in 2025
Gene Panel
The increasing prevalence of cancer is also expected to drive the gene panel market. Cancer cases are rising globally due to factors like aging, environmental exposures, and lifestyle changes. Gene panels allow for comprehensive genetic testing, helping to identify mutations in cancer patients and guiding personalized treatments. For example, in February 2024, the World Health Organization reported that 9.7 million people died from cancer in 2022, with 20 million new cases globally. The increasing prevalence of cancer is expected to drive the demand for gene panel testing, which aids in improving patient outcomes through tailored therapies.
Get Your Gene Panel Market Report Here:
https://www.thebusinessresearchcompany.com/report/gene-panel-global-market-report
What Is the projected market size and growth rate for the gene panel market?
The gene panel market has experienced rapid growth, expanding from $2.14 billion in 2024 to $2.48 billion in 2025 at a CAGR of 15.5%. The market's expansion is attributed to the growing prevalence of hereditary disorders, increased demand for genetic screening, rising R&D activities, an increase in congenital diseases, and a growing need for advanced treatment options.
The gene panel market is projected to witness rapid growth, reaching $4.37 billion by 2029 at a CAGR of 15.3%. The expansion will be fueled by rising cases of chronic diseases and cancer, increasing awareness of genetic testing, and greater government initiatives alongside higher healthcare spending. Key trends include advancements in gene panel technology, strategic collaborations, personalized treatment approaches, AI integration, and improvements in bioinformatics tools.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=21190&type=smp
What new trends are reshaping the gene panel market and its opportunities?
Major companies in the gene panel market are focusing on developing oncology panels to improve cancer diagnostics and personalized treatments. These specialized panels analyze multiple genes associated with cancer, enabling more accurate diagnosis and treatment strategies. In May 2023, Vizgen Inc., a US-based biotechnology company, launched the MERFISH PanCancer Pathways Panel, designed for spatial genomics. This customizable panel enhances error robustness and provides deeper insights into tumor microenvironments and cellular interactions, paving the way for more targeted and personalized cancer research.
What major market segments define the scope and growth of the gene panel market?
The gene panel market covered in this report is segmented -
1) By Product And Services: Test Kits, Testing Services
2) By Technology: Amplicon-Based, Hybridization-Based, Other Technologies
3) By Design: Predesigned Gene Panel, Customized Gene Panel
4) By Application: Cancer Risk Assessment, Diagnosis Of Congenital Diseases, Pharmacogenetics, Other Applications
5) By End-User: Research Institutes, Hospital, Diagnosis Centers, Pharmaceutical Companies, Other End-Users
Subsegments:
1) By Test Kits: Predesigned Gene Panels, Customized Gene Panels
2) By Testing Services: Cancer Risk Assessment Panels, Pharmacogenetic Testing Panels, Neurological Disorder Panels, Cardiovascular Disease Panels, Rare Disease Panels
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=21190
Which region dominates the gene panel market?
North America was the largest region in the gene panel market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gene panel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the gene panel industry growth?
Major companies operating in the gene panel market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Quest Diagnostics Inc., Intermountain Healthcare, Eurofins Scientific SE, Agilent Technologies Inc., Illumina Inc., Qiagen Inc., OPKO Health Inc., Myriad Genetics Inc., Guardant Health Inc., Invitae Corp., Integrated DNA Technologies Inc., Bio-Rad Laboratories Inc., Novogene Corporation, Fulgent Genetics Inc., MedGenome Inc., OriGene Technologies Inc., Centogene AG, Blueprint Genetics Inc., BIONEER Corporation, BGI Group Ltd., Vizgen Inc., Primbio Research Institute LLC
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=21190&type=smp
What Is Covered In The Gene Panel Global Market Report?
•Market Size Forecast: Examine the gene panel market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the gene panel market for a structured understanding.
•Key Players Overview: Analyze major players in the gene panel market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the gene panel market.
•Segment Contributions: Evaluate how different segments drive overall growth in the gene panel market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the gene panel market.
•Industry Challenges: Identify potential risks and obstacles affecting the gene panel market.
•Competitive Landscape: Review strategic developments in the gene panel market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Growing Cancer Prevalence Driving Expansion Of The Market Driver: Leading Transformation in the Gene Panel Market in 2025 here
News-ID: 3935643 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Panel
Environment Friendly Cladyne PVC Wall Panel Louvers Panel By Frikly.
Interior design is more than just a trend-it's a reflection of your style, taste, and the atmosphere you want to create in your space. One of the most innovative solutions to achieve a modern and sophisticated look is Cladyne PVC Wall Panel Louvers. These panels are not only visually stunning but also highly functional, making them an ideal choice for homeowners, interior designers, and architects alike. Let's dive into the…
Rising Solar Panel Installations to Accelerate Solar Panel Recycling Market Grow …
According to a new market research report launched by Inkwood Research, the Global Solar Panel Recycling Market is estimated to progress with a CAGR of 12.82% in terms of revenue, reaching a revenue of $539.61 million by 2032.
Browse 43 Market Data Tables and 45 Figures spread over 225 Pages, along with an in-depth analysis of the Global Solar Panel Recycling Market by Process, Type, Shelf Life, & Geography.
Refer to…
Plasma Display Panel
Market overview
This market report can help the companies to make crucial business plans on production techniques, raw materials procurement, and to increase the industry chain cycle of the market globally. The case study reported is a brief history and a detailed assessment of the Plasma Display Panel market 2021 including key company profiles, and overall competitive scenario, key market trends, upcoming technologies, industry drivers, challenges, regulatory policies.
Request a sample Report…
Structural Insulated Panel Market : Projected Huge Growth To 2020 - 2027 | Major …
Structural insulated panel market will reach an estimated valuation of USD 690.8 million by 2027, while registering this growth at a rate of 6.20% for the forecast period of 2020 to 2027. Data Bridge Market Research report on structural insulated panel market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Key Market Competitors Covered in…
Veterinary Radiography Flat Panel Detectors Market Segmentation By product type …
Veterinary Radiography Flat Panel Detectors Market: Introduction
When it comes to the diagnosis, treatment and detection of diseases of pets and animals, they deserve the best treatment. Companion animals, pets and agricultural livestock are presently receiving benefits from the same flat panel technology that is used in X-ray systems for human patients. Veterinary radiography flat panel detectors effectively image the small structure of animals with high resolution and good image quality.…
BOMA Developers' Panel
FOR IMMEDIATE RELEASE:
CONTACT:
• Stacie Foster, Archer Communications, 585-461-1570, sfoster@archercom.com
Building Owners and Managers Association of Greater Rochester’s Developers’ Panel
Rochester, NY, September 3, 2013 - Building Owners and Managers Association of Greater Rochester (BOMA) will host its second Developers’ Panel on Thursday September 19, 2013.
“We are excited to host our second Developers’ Panel,” said Scott Hill, Event Chairman. “It gives our community an opportunity to learn about and discuss…
