Acumen Research and Consulting Genetic Testing Market is Anticipated to Surpass U | Page 2

hybridization, on-site fluorescence, karyotyping, immunohistochemistry and others. Some new genetic testing techniques, increased efficiency and accuracy are expected to provide positive opportunities for global genetic testing. Moreover, in these regions, emerging markets have a good prospect of growing genetic testing because of the growing patient pool and awareness. Some of the main trends in the genetic testing market were the shift from the focus on clinical science to bioinformatics and an increasing popularity in genetic testing technology. Market Snapshots In the future, the worldwide market for genetic testing is expected to record considerable growth as genetic disorder & cancer increases. In the predicted period there are also expected to be increased demand for personalized medicine and the increasing use of genetic testing in oncology to boost market growth. However, the growth of the market of genetic testing during the forecast period is expected to hinder high costs of genetic testing and stringent regulatory requirements for product approvals. Conversely, untapped developing countries ‘ emerging markets are expected to provide market players with compensatory opportunities. Consequently, the global market share for genetic testing is expected to increase these drivers and chances. View Detail Information with Complete TOC@ https://www.acumenresearchandconsulting.com/genetic-testing- market The market is segmented on a type-based basis into predictive, carrier, prenatal and newborn tests, diagnostic tests, pharmacogenomic and other tests. Currently, the diagnostic test segment leads with revenue in 2018 and its dominance over the projected period is expected to continue. This is Would like to place an order or any question, please feel free to contact at [email protected] | [phone]