Genetic Testing Market Size & Share to Boom at Double-Digit CAGR During Forecast Year 2020-2030
Market Overview Genetic tests are medical instruments that come in the form of kits or panels and are used to diagnose genetic illnesses in people. Furthermore, blood samples from patients are col... もっと見る
SummaryMarket OverviewGenetic tests are medical instruments that come in the form of kits or panels and are used to diagnose genetic illnesses in people. Furthermore, blood samples from patients are collected throughout the exam. These samples are then tested utilizing test kits on laboratory equipment. Measurement of the results of genetic alterations, such as RNA analysis as an output of gene expression, or biochemical analysis to quantify particular protein production, are examples of genetic testing. Numerous sorts of tests are utilized to diagnose genetic abnormalities. Predictive testing, carrier testing, prenatal and neonatal testing, diagnostic testing, pharmacogenomic testing, nutrigenomics, and other genetic tests are available to detect diseases. Newborn testing, for example, can detect genetic diseases early in life, allowing treatment to begin as soon as feasible. In addition, these tests are utilized to diagnose medical disorders such as cancer, hereditary disorders, and cardiovascular disease. Genetic testing market: Key Players Abbott Laboratories Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis Bio-Rad Laboratories Inc. Myriad Genetics, Inc. (Myriad RBM, Inc.) Danaher Corporation (Cepheid) F. Hoffmann-La Roche AG Eurofins Scientific Illumina Inc. Thermo Fisher Scientific Danaher Corporation (Cepheid Inc) RainDance Technologies Inc. Growth Factor Genetic testing for Cancer cure According to the World Health Organization, cancer led to the deaths of 9.6 million people globally in 2018. These figures are concerning since the illness is at an all-time high, impacting the whole planet and bordering on epidemic proportions. Breast cancer, ovarian cancer, bowel cancer, womb cancer, and prostate cancer can all be diagnosed quickly thanks to genetic testing. A family history of cancer is required for genetic testing and assistance in the prevention of this devastating illness. This application sector was one of the most popular in the genetic testing market, and it is predicted to continue to develop gradually in future. Segmentation By Types of Testing Newborn Screening Diagnostic Testing Carrier Testing Prenatal Testing Forensic Testing Predictive and Presymptomatic Testing Others By Methods Molecular Genetic Testing Chromosomal Genetic Testing Biochemical Genetic Testing Others By Testing Sample Blood Saliva Hair Tumors Others By Industry Laboratories Blood Banks Nursing Homes Hospitals Others Genetic Testing Market Dynamics Genetic Testing Market Size Supply & Demand Current Trends/Issues/Challenges Competition & Companies Involved in the Market Value Chain of the Market Market Drivers and Restraints Recent News Related to Market The FDA extended the approval of a cancer blood test called "liquid biopsy" in November 2020, which identifies genetic changes in tumor DNA in the blood and can assist match patients to prospective therapies. In August 2020, Guardant360 CDx of Guardant Health and FoundationOne Liquid CDx of Foundation Medicine were authorized by the FDA for use as a companion diagnostic test and for general tumor profiling. The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are: COVID-19 pre and post business impact analysis Detailed overview of the parent market Changing market dynamics in the industry In-depth market segmentation What is the Genetic testing market growth? Which segment accounted for the largest Genetic testing market share? Who are the key players in the Genetic testing market? Historical, current and projected market size in terms of volume and value Recent industry trends and developments Competitive landscape Strategies of key players and products offered Potential and niche segments, geographical regions exhibiting promising growth A neutral perspective on market performance Must-have information for market players to sustain and enhance their market footprint Note: Although care has been taken to maintain the highest levels of accuracy in Fatpos Global’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. Table of ContentsContents1. Executive Summary 2. Global Genetic Testing Market 2.1. Product Overview 2.2. Market Definition 2.3. Segmentation 2.4. Assumptions and Acronyms 3. Research Methodology 3.1. Research Objectives 3.2. Primary Research 3.3. Secondary Research 3.4. Forecast Model 3.5. Market Size Estimation 4. Average Pricing Analysis 5. Macro-Economic Indicators 6. Market Dynamics 6.1. Growth Drivers 6.2. Restraints 6.3. Opportunity 6.4. Trends 7. Correlation & Regression Analysis 7.1. Correlation Matrix 7.2. Regression Matrix 8. Recent Development, Policies & Regulatory Landscape 9. Risk Analysis 9.1. Demand Risk Analysis 9.2. Supply Risk Analysis 10. Global Genetic testing market Analysis 10.1. Porters Five Forces 10.1.1. Threat of New Entrants 10.1.2. Bargaining Power of Suppliers 10.1.3. Threat of Substitutes 10.1.4. Rivalry 10.2. PEST Analysis 10.2.1. Political 10.2.2. Economic 10.2.3. Social 10.2.4. Technological 11. Global Genetic Testing market 11.1. Market Size & forecast, 2020A-2030F 11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12. Global Genetic Testing Market: Market Segmentation 12.1. By Regions 12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.2. Europe: (Germany, UK, France, Italy, Spain, Russia and Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.3. Asia-Pacific: (China, India, Japan, South Korea, Australia and Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.4. Middle East and Africa: (Saudi Arabia, South Africa, UAE and rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.5. Latin America (Brazil, Mexico and Argentina, Rest of South America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2. By Types of Testing: Market Share (2020-2030F) 12.2.1. Newborn Screening, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.2. Diagnostic testing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.3. Carrier testing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.4. Prenatal testing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.5. Forensic testing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.6. Predictive and presymtomatic testing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.7. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3. By Methods: Market Share (2020-2030F) 12.3.1. Molecular Genetic Testing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.2. Chromosomal Genetic Testing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.3. Biochemical Genetic Testing, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.4. By Testing Sample: Market Share (2020-2030F) 12.4.1. Blood, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.4.2. Saliva, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.4.3. Hair, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.4.4. Tumors, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.5. By Industry: Market Share (2020-2030F) 12.5.1. Hospitals, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.5.2. Nursing homes, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.5.3. Blood Banks, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.5.4. Laboratories, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.6. Company Profile 12.7. Abbott Laboratories 12.7.1. Company Overview 12.7.2. Company Total Revenue (Financials) 12.7.3. Market Potential 12.7.4. Global Presence 12.7.5. Key Performance Indicators 12.7.6. SWOT Analysis 12.7.7. Product Launch 12.8. Bio-Rad Laboratories Inc. 12.9. Myriad Genetics, Inc. (Myriad RBM, Inc.) 12.10. Danaher Corporation (Cepheid) 12.11. F. Hoffmann-La Roche AG 12.12. Eurofins Scientific 12.13. Illumina Inc. 12.14. Thermo Fisher Scientific 12.15. Danaher Corporation (Cepheid Inc) 12.16. RainDance Technologies Inc. Consultant Recommendation **The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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