Genetic Testing Market is poised to grow to a market value of USD 59.01 million by 2022


- 07 Dec 2017 11:57 AM IST
Genetic Testing10699.jpg

According to the report Genetic Testing Market, published by Market Data Forecast, the Global market is projected to reach USD 59.01 million by 2022, at a CAGR of 9.51% from 2017 to 2022.

Genetic testing is defined as the study of chromosomes, genes, or proteins to estimate the risk involved in diseases, recognize the carriers (people who do not possess the disorder but a copy of the disorder gene) of disorder, diagnose disorders, or find out the probable path of the disease. Genetic testing has allowed the simple detection of diseases, like sickle cell anaemia, cystic fibrosis and haemophilia allowing many patients to live a normal life

 Get a comprehensive overview of the Genetic Testing Market: http://www.marketdataforecast.com/market-reports/global-genetic-testing-market-36/

Genetic Testing Market: Drivers & Restraints

Rising awareness regarding the capable advantages in genetic testing is the primary cause for the development of genetic testing market. Also, development in the genetic testing space, geriatric population rise and a consequent growth in the instances of chronic disorders, along with increasing prevalence of cancer patients are few other driving forces which are propelling the genetic testing market. But, expensive testing as well as absence of a credible standard process has resulted in severe concerns within people regarding the accuracy and safety of genetic reports.

 Get accurate market forecast and analysis on the Genetic Testing Market. Request a sample to stay up-to-date on the main trends affecting this market:  http://www.marketdataforecast.com/market-reports/global-genetic-testing-market-36/request-sample

Genetic Testing Market: Segmentation

By Type

  • Cancer Testing
  • Pharmacogenomics testing
  • Prenatal testing
  • Predisposition testing

By Type of test

  • Carrier Testing
  • Diagnostic Testing
  • Prenatal Testing
  • Neonatal Testing

By Geography                      

  • North America        
    • United States 
    • Canada
  • Europe            
    • U.K
    • Spain
    • Germany
    • Italy  
    • France
  • Asia-Pacific          
    • China    
    • India
    • Japan  
    • Australia  
    • South Korea   

 

  • Latin America               
    • Brazil  
    • Argentina
    • Mexico
    • Rest of Latin America    

 

  • Middle East & Africa        
    • Middle-East 
    • Africa

From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization athttp://www.marketdataforecast.com/market-reports/global-genetic-testing-market-36/customize-report

Genetic Testing Market: Overview

As of 2017, the global Genetic Testing Market was worth USD 37.51 million. The screening of newly born babies, detecting uncommon and severe diseases, and predicting the chances of prevalence of disorders is most probable to expand in future years.

The North America was most dominant in the world market, as of 2017, with the US being the biggest market across the region. The screening test for genetic mutations in the Cystic Fibrosis Trans-Membrane Conductance Regulator gene is a highly frequent test conducted in the US.

Genetic Testing Market: Key Players

The Genetic Testing Market is highly competitive with a large number of players. Some of the major Companies are AutoGenomics Inc., Celera Group, Abbott Laboratories, Roche Molecular Diagnostics Inc, Abbott Molecular Inc., ELITech Group, BioRad Laboratories, Diagnostics Corp., Quest Diagnostics Inc.

About Market Data Forecast:

Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options.

For more information, kindly visit, www.marketdataforecast.com

Contact:

Abhishek Shukla

Sales Manager (International Business Development)

Market Data Forecast

Direct Line: +1-888-702-9626

Mobile: +91 998 555 0206

Mail: [email protected]

Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/

View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases





Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.