Genetic Testing Market Set to Reach $17,606.70 Million by 2025 at 11.3% CAGR, Globally
The global Genetic Testing Market is expected to register substantial growth in upcoming years, owing to rise in incidence of genetic disorders & cancer and growth in awareness & acceptance of personalized medicines.
Portland, OR, June 27, 2019 (GLOBE NEWSWIRE) -- Genetic testing is the study of DNA that identifies gene mutation associated with a variety of genetic disorders. There are various types of genetic testing, and several methods such as cytogenetic testing, biochemical testing, molecular testing, molecular testing, and chromosome analysis are used to determine the changes in person’s chromosomes, genes, or proteins. The outcomes of a genetic test confirm or diagnose a suspected genetic condition or help determine a person’s chance of developing or passing on a genetic disorder.
Request a Same Copy: https://www.bigmarketresearch.com/request-sample/3138281
The global Genetic Testing Market was valued at $7,501.90 million in 2017 and is projected to reach $17,606.70 million by 2025, growing at a CAGR of 11.3% from 2018 to 2025.In addition, advancements in genetic testing techniques are expected to boost the market growth during the forecast period. However, standardization concerns of genetic testing-based diagnostics and stringent regulatory requirements for product approvals are anticipated to hamper the market growth during the forecast period. Conversely, untapped emerging markets in developing countries are expected to provide remunerative opportunities for the market players.
The global genetic testing market is segmented based on type, technology, application, and region. By type, the market is categorized into predictive testing, predictive testing, prenatal & newborn testing, diagnostic testing, pharmacogenomic testing, and others. On the basis of technology, the market is divided into cytogenetic testing, molecular testing, and DNA sequencing. By application, it is segmented into cancer diagnosis, genetic disease diagnosis, cardiovascular disease diagnosis, and others. Region wise, the market analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Get a Discount on this Premium Research Report: https://www.bigmarketresearch.com/request-for-discount/3138281
Related Report:
Global Animal Genetics Industry Market Analysis & Forecast 2018-2023
In the Global Animal Genetics Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.
Global Genetic Analysis Services Market Report 2019 - Market Size, Share, Price, Trend and Forecast
Global Genetic Analysis Services Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Genetic Analysis Services industry. The report provides key statistics on the market status of the Genetic Analysis Services manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
Read More: https://www.bigmarketresearch.com/report/3191473/global-genetic-analysis-services-market-report-2019
About Us:
Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.
Contact Us: Mr. Abhishek Paliwal Big Market Research 5933 NE Win Sivers Drive, #205, Portland, OR 97220 United States Direct: +1-971-202-1575 Toll Free: +1-800-910-6452 E-mail help@bigmarketresearch.com
