The Genetic Testing Services Market was valued at US$ 9,546.2 million in 2019 and it is projected to reach US$ 22,701.8 million by 2028; it is expected to grow at a CAGR of 11% from 2022 to 2028.
Genetic testing services have also been widely used for many applications in oncology, obstetrics and gynecology, and also in household fields. These services are known to help clinicians and patients identify the genetic factors that lead to the development of the diseases mentioned above. As more people turn to genetic testing services, various technological advancements such as RT-PCR and sequencing are provided in the market.
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Market Segments
By Type
- Predictive Testing
- Carrier Testing
- Prenatal Testing
- Newborn Screening
- Others
By Disease
- Cancer Disease
- Metabolic Diseases
- Cardiovascular Diseases
- Others
Key Players
- Laboratory Corporation of America Holdings
- F. Hoffmann-La Roche Ltd
- Illumina, Inc.
- Quest Diagnostics Incorporated
- Exact Sciences Corp (Genomic Health)
- NeoGenomics Laboratories, Inc.
- Eurofins Scientific
- Ambry Genetics
- Centogene AG
Scope of the Report
The research study analyzes the global Genetic Testing Services industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Genetic Testing Services Market is available at: https://www.orionmarketreports.com/genetic-testing-services-2-market/74357/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Genetic Testing Services Market Report
1. What was the Genetic Testing Services Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Genetic Testing Services Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Genetic Testing Services Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Genetic Testing Services market.
- The market share of the global Genetic Testing Services market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Genetic Testing Services market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Genetic Testing Services market.
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