The Reports and Insights, a leading market research company, has recently releases report titled “Hereditary Genetic Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Hereditary Genetic Testing Market Share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Hereditary Genetic Testing?
The global hereditary genetic testing market is expected to register a CAGR of 9.9% over the forecast period of 2024-2032.
What are Hereditary Genetic Testing Market?
Hereditary genetic testing is the examination of an individual's DNA to detect mutations in genes linked to an elevated risk of inheriting specific hereditary disorders. This type of testing helps identify if a person carries a gene mutation that could be transmitted to their descendants, potentially predisposing them to certain health conditions. It is commonly employed in families with a history of genetic disorders to assess the likelihood of passing on these conditions and to inform healthcare decisions, such as preventive strategies or treatment choices.
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What are the growth prospects and trends in the Hereditary Genetic Testing Market industry?
The hereditary genetic testing market growth is driven by various factors. Hereditary genetic testing is the examination of an individual's DNA to detect mutations in genes linked to an elevated risk of inheriting specific hereditary disorders. This type of testing helps identify if a person carries a gene mutation that could be transmitted to their descendants, potentially predisposing them to certain health conditions. It is commonly employed in families with a history of genetic disorders to assess the likelihood of passing on these conditions and to inform healthcare decisions, such as preventive strategies or treatment choices. Hence, all these factors contribute to hereditary genetic testing market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
1. By Type of Genetic Variation
Single Nucleotide Polymorphism (SNP) Testing
Copy Number Variation (CNV) Testing
Insertion/Deletion (INDEL) Testing
Structural Variation Testing
2. By Clinical Application
Cancer Genetic Testing
Cardiovascular Genetic Testing
Neurological Genetic Testing
Rare Diseases Genetic Testing
3. By End User
Hospitals and Clinics
Diagnostic Laboratories
Research Institutes
Direct-to-Consumer (DTC) Genetic Testing Companies
4. By Technology
Polymerase Chain Reaction (PCR)
Next-Generation Sequencing (NGS)
Microarray
Fluorescence In Situ Hybridization (FISH)
5. North America
United States
Canada
6. Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Poland
Benelux
Nordic
Rest of Europe
7. Asia Pacific
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
8. Latin America
Brazil
Mexico
Argentina
9. Middle East & Africa
Saudi Arabia
South Africa
United Arab Emirates
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
1. 23andMe, Inc.
2. Ambry Genetics
3. BGI Group
4. BioReference Laboratories, Inc.
5. Color Genomics
6. Eurofins Scientific
7. Fulgent Genetics
8. Illumina, Inc.
9. Invitae Corporation
10. Laboratory Corporation of America Holdings (LabCorp)
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