Global Genetic Testing Market 2017-2018 - Forecast to 2026 featuring Illumina, Abbott Labs, BGI Tech, Thermo Fisher Scientific, Luminex, and more - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 28, 2018--The “Genetic Testing - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the market accounted for $7,749 million in 2017 and is expected to reach $25,948.46 million by 2026 growing at a CAGR of 14.37% during the forecast period.
Factors such as rise in the incidence of genetic diseases and increase in the prevalence of cancer and cardiovascular diseases are fuelling the market growth. Moreover, demand in the benefits offered by genetic testing (such as specificity and early identification) is one of the major opportunities to boost the market during the forecast period. However, inaccuracies in results and reimbursement issues are restricting the growth of the market.
By type, the predictive & pre-symptomatic testing segment acquired significant growth due to increase in awareness about diseases such as cancer and early detection of diseases.
Based on end-user, user convenience and the increasing number of hospitals are a few factors projected to propel the hospital-based laboratories segment during the forecast period.
On the basis of geography, North America is considered as the fastest growing market and the factors favouring the growth of this region are developed infrastructure, increase in health care investments, and robust R&D activities in these countries.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Genetic Testing Market, By Technology
6 Global Genetic Testing Market, By Disease
7 Global Genetic Testing Market, By Type
8 Global Genetic Testing Market, By Testing Sample
9 Global Genetic Testing Market, By Application
10 Global Genetic Testing Market, By End-User
11 Global Genetic Testing Market, By Geography
12 Key Developments
13 Company ProfilingIllumina Inc. Abbott Laboratories BGI Tech Thermo Fisher Scientific Luminex Corporation Cepheid Qiagen N.V. Blueprint Genetic Pacific Biosciences of California Inc. Affymetrix Bio-Rad Laboratories Celera Group AutoGenomics Inc. Roche Diagnostics Limited Molecular Inc. Genomictre Inc. HTG Molecular Diagnostics Inc. Oxford Biodynamics Ltd. Roche Holding AG National Center for Biotechnology Information
For more information about this report visit https://www.researchandmarkets.com/research/dw372l/global_genetic?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180828005362/en/
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INDUSTRY KEYWORD: HEALTH GENETICS
SOURCE: Research and Markets
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PUB: 08/28/2018 06:24 AM/DISC: 08/28/2018 06:24 AM