Genetic Testing Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Genetic testing is a form of medical testing used to detect changes in genes, chromosomes, or proteins. They can help identify or eliminate the presence of a suspected genetic disorder, and can determine the likelihood that a person will develop or become infected with a genetic disorder.

Genetic Testing Market size exceeded USD 14.8 billion in 2020 and is expected to grow at 11% CAGR from 2021 to 2027.

Few of the foremost companies operating in the market include 23andMe, Inc., Abbott Laboratories, Ambry Genetics (Konica Minolta), BGI, Biocartis Group NV, Bio-Helix Co., Ltd., bioMérieux SA, Blueprint Genetics, Cepheid (Danaher Corporation) and Eurofins Scientific among others.

Market, By Test Type

• Predictive testing
• Carrier testing
• Prenatal and newborn testing
• Diagnostic testing
• Pharmacogenomic testing
• Nutrigenomic testing
• Others

Market, By Application

• Cancer
• Genetic diseases
• Cardiovascular diseases
• Others

Scope of the Report

The research study analyzes the global Genetic Testing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Genetic Testing Market Report

1. What was the Genetic Testing Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of Genetic Testing Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Genetic Testing Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.