Predictive Breast Cancer Gene Testing Market Set to Surge Significantly During 2013-2019

Predictive gene testing mentors are used to detect disease or disorder inherited by analyzing gene mutations associated with particular inherited disease or disorder. Predictive gene testing is also known as presymptomatic testing due to the fact that this test is performed even before the early signs of the disease or disorder are observed and thus enable determining person’s risk of suffering disease or disorder.Predictive breast cancer gene testing is performed to identify risk of breast cancer in a person having a family history of breast cancer.

Early detection of breast cancer enables complete cure of the patient and saving affected breast of the patient. Considering the advantages of early detection of breast cancer, governments worldwide have started taking initiatives to spread awareness about breast cancer and the early detection techniques available in their respective territories. Growing breast cancer incidences worldwide is another major cause of concern for governments worldwide to focus on awareness programs to reduce the morbidity rate breast cancer.

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Factors such as increasing incidences of breast cancer globally, government worldwide are focused on reducing the morbidity rate of breast cancer and spreading awareness about the available treatmentsin respective countries are driving the predictive breast genetic testing market toward growth.

On the other hand expiration of Myriad Genetics’s patent, BRCAnalysis gene test in near future will enable the entry of many market players in this field. On the other hand, factors such as acquisition of small market entrants by big players, higher initial cost required to start a new facility and the requirement of robust intellectual property to ensure sustenance are restraining the growth of this market.

Currently North America is dominates the predictive breast cancer genetic testing market with the company, Myriad Genetics dominating the United States market. The European market is driven by funding from state governments; however, many private companies are entering into European market, thereby driving European predictive breast cancer genetic testing industry towards growth.

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Many market players will be entering into the Asia-Pacificregion considering rapid growth of medical tourism in the region. Some of major companies contributing to predictive breast cancer genetic testing market include Myriad Genetics, Complete Genomics, Ambry Genetics, PreventionGenetics and Illumina.

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