Predictive Genetic Testing And Consumer Genomics Market

Predictive Genetic Testing And Consumer Genomics Market Size, Share, Growth Analysis, By Application (Revenue, USD Million, 2014 - 2025)(Predictive Genetic Testing & Consumer Genomics, Breast & Ovarian Cancer), By Setting Type (Revenue, USD Million, 2014 - 2025)(DTC, Professional), By Regional (Revenue, USD Million, 2014 - 2025)(North America, The U.S.) - Industry Forecast 2024-2031


Report ID: UCMIG35D2212 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Predictive Genetic Testing And Consumer Genomics Market Insights

Market Overview:

In 2018, the global market for predictive genetic testing and consumer genomics marked a valuation of approximately USD 3.4 billion, signifying its prominent role in the field of genomics. Moving ahead, this market is poised for notable growth, with a projected Compound Annual Growth Rate (CAGR) of 13.9% throughout the forecast period. This growth trajectory is propelled by a range of influential factors. Notably, the expansion of predictive genetic testing is spurred by a surge in strategic partnerships among key industry players in the genomics sector. These collaborations empower companies to offer comprehensive solutions to consumers, thereby accelerating the adoption of predictive genetic testing methods. The establishment of novel partnerships in the genomics industry presents a valuable avenue for delivering holistic services and driving consumer engagement.

Predictive Genetic Testing And Consumer Genomics Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Services by segment aggregation, the contribution of the Health Care Services in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Predictive Genetic Testing And Consumer Genomics was estimated to be valued at US$ XX Mn in 2021.

The Predictive Genetic Testing And Consumer Genomics Market is estimated to grow at a CAGR of XX% by 2028.

The Predictive Genetic Testing And Consumer Genomics Market is segmented on the basis of Application (Revenue, USD Million, 2014 - 2025), Setting Type (Revenue, USD Million, 2014 - 2025), Regional (Revenue, USD Million, 2014 - 2025).

Based on region, the Predictive Genetic Testing And Consumer Genomics Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Predictive Genetic Testing And Consumer Genomics Market are , 23andMe, Inc. , Myriad Genetics, Inc. , F.Hoffmann-La Roche Ltd. , Abbott Laboratories , Genesis Genetics , Agilent Technologies , Thermo Fisher Scientific, Inc. , BGI , Bio-Rad Laboratories Inc. , Illumina, Inc. , Counsyl, Inc. , ARUP Laboratories.".

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Predictive Genetic Testing And Consumer Genomics Market

Product ID: UCMIG35D2212

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