Press release
Genetic Testing Market Surges Amid Rising Demand for Personalized Medicine and Early Disease Detection 2025 | Top key players - Abbott Laboratories, Bio-Rad Laboratories Inc., Illumina Inc.
Genetic Testing Market
The Genetic Testing Market, as analyzed by DataM Intelligence, offers a comprehensive industry overview backed by in-depth insights, historical trends, and key statistics. The report dives deep into market dynamics and competitive strategies, profiling major players along with their product portfolios, pricing models, financial performance, growth initiatives, and regional presence.
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The Genetic Testing Market involves the analysis of DNA, RNA, chromosomes, or proteins to detect genetic disorders, mutations, and inherited conditions. It supports disease diagnosis, treatment planning, and risk assessment. This market spans healthcare, research, and direct-to-consumer applications, driven by advances in genomics, personalized medicine, and increasing awareness of genetic health insights.
Major players in the Genetic Testing Market
The prominent players in Genetic Testing market research report are: Abbott Laboratories, Bio-Rad Laboratories Inc., Illumina Inc., Myriad Genetics Inc., Danaher Corporation, Quest Diagnostics Incorporated, MedGenome, LabCorp, 3billion, Inc., and Blueprint Genetics, among others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Development
In August 2024, Nonacus introduced the GALEAS Tumor test, a cutting-edge comprehensive genomic profiling (CGP) solution developed to analyze tumor genetics through next-generation sequencing (NGS). This advanced test combines powerful bioinformatics tools and integrated analysis software, enabling clinicians to accurately identify genetic mutations associated with a wide range of cancers-including rare and complex forms such as brain tumors. The launch marks a significant step forward in personalized cancer diagnostics and treatment planning.
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Market Segments
By Product Type: Consumables, Equipment, Software.
By Technology: Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Fluorescence in Situ Hybridization (FISH Test), Others.
By Testing Type: Carrier Testing, Prenatal and Newborn Testing, Preimplantation Testing, Predictive and presymptomatic testing, Forensic testing, Diagnostic Testing, Others.
By Application: Cancer Diagnosis, Genetic Disease Diagnosis, Cardiovascular Disease Diagnosis, Others.
The Genetic Testing industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Genetic Testing Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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