Description
The global genetic testing market accounted for USD 3.8 Billion in 2015 and is estimated to reach USD 4.23 billion in 2016. Growing at a moderately high CAGR of 9.7 %, the market value is expected to reach USD 6.7 billion by 2021.
Some values in the chart may be randomized. Actual data available on report purchase In the recent years, with advancements in science and technology, genetic testing has grown to become one of the most important markets in healthcare. Genetic testing allows diagnosis of a disease after its onset, as well as predicting the risk of acquiring a certain disease. There are a number of government initiatives that are being taken to bring about awareness and educate people about the benefits of genetic testing.
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Global Genetic Testing Market- Market Segmentation The global genetic testing market is segmented by type, disease, technology and geography. By type, the market is segmented into carrier testing, diagnostic testing, new-born screening, predictive & pre-symptomatic testing and prenatal testing.
The new-born screening market accounted for the highest market share in 2015 and is projected to reach USD XX million in 2016 and USD XX billion by 2021, at a CAGR of XX % during the forecast period. However, the carrier testing market is expected to grow at the highest CAGR of XX % from 2016 to 2021.
Some values in the chart may be randomized. Actual data available on report purchase By disease, the market is segmented into Alzheimer &# 39; s, cancer, cystic fibrosis, sickle cell anemia, Duchenne &# 39; s muscular dystrophy, thalassemia, and Huntingtondisease.
The cancer testing market holds the largest share and is projected to reach USD XX million in 2016 and USD XX billion by 2021. The Alzheimerdisease testing market holds the second largest share and is estimated to reach USD XX million in 2016.
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Some values in the chart may be randomized. Actual data available on report purchase By technology, the market is segmented into cytogenetic testing, molecular testing, and biochemical testing markets. The molecular testing market holds the largest share, estimated to reach USD XX billion in 2016. However, the cytogenetic testing market is expected to grow at the highest CAGR of XX % during the forecast period.
Some values in the chart may be randomized. Actual data available on report purchase By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East &
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