Medical Health & Life Science Research News

New report examines the sophisticated DNA labs are involving in the global genetic testing market growth

Medical Market Research

The report “GLOBAL GENETIC TESTING MARKET”, offers market revenue, share, size and industry analysis. The global genetic testing market is estimated to achieve USD 6.5 Billion by 2024, at a CAGR of 9.26% during forecast period.

Growing number of chronic diseases and several developing economies are the factors responsible for the global genetic testing market. Genetic Testing is also known as DNA testing that determines the bloodlines and the genetic diagnosis of vulnerabilities to inherited diseases.

Genetic testing determines the genetic strengths and vulnerabilities of the species population. Progeny Testing, a form of genetic testing can be used to evaluate the quality of breeding stock.

Reasons To Access This Report
This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.

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Key pointers in the report include:

  • Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis & PESTLE analysis to perform to analyze the impact of drivers, restraints, challenges and constraints on the market during the next five years.
  • Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals which will specify the emerging scope for the market in end user industries.
  • Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
  • Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each and every segment of the market.
  • A complete 360 degree analysis is provided in the report on key companies’ product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period.
  • Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request.
  • All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.

Global Genetic Testing Market Top Players

  • Analogic Corporation
  • Ranomics
  • Applied Biosystems, Inc.
  • Biocartis SA
  • Daan Diagnostics Ltd
  • Celera Group
  • Genentech, Inc.
  • DNAFit
  • Eastern Biotech
  • Perkinelmer, Inc.

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