GLOBAL GENETIC TESTING MARKET 2019-2027

Lifesciences | Diagnostic & Biotechnology

GLOBAL GENETIC TESTING MARKET 2019-2027

Market By Technology, Disease, Type And Geography | Forecast 2019-2027

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According to Triton, the global genetic testing market is expected to display a positive market trend over the forecast period of 2019-2027, exhibiting a CAGR of 11.53%. The market was assessed to be worth $8407.48 million in the year 2018 and is predicted to generate a revenue of approximately $22438.48 million by the year 2027.

The high growth rate for this market is primarily attributed to increasing emphasis on early disease detection and prevention, increasing demand for personalized medicine, along with increasing applications of genetic testing in cancerous diseases. Moreover, the increasing ratio of health-conscious population in the developed regions is acting as a major growth driver for this market. Personalized medicine yields a spectrum of product opportunities for the pharmaceutical industries and contributes to their commercial success. As a result, the growing demand for personalized medicine is expected to drive the growth of the market studied.

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Genetic testing types are expected to witness lucrative growth. Carrier testing is a type of genetic testing used to determine whether a person is a carrier for specific autosomal recessive diseases. Diagnostic testing is used to identify a genetic condition or a disease and the results of these tests help in treating and managing the disorder. Market definition regarding the industry has been discussed within this report. Also, the key insights, market attractiveness index, Porter’s five force analysis have been studied for the global genetic testing Industry. 

Market drivers comprise of increasing early diagnosis of diseases, rising demand for personalized medicine and increase in awareness about cancer and genetic testing in oncology. The industry is facing market restraints like high price of genetic testing and social and ethical issues associated with genetic testing.

Key opportunities like increasing number of patients seeking genetic counseling and testing and increase in infertility rate create an opportunity for genetic testing market. Genetic counselor diagnoses and care for people with genetic conditions. They provide information and support to people with genetic conditions and their families.

A challenge such as stringent regulation is a major barrier for genetic testing. The continuous tussle between market players and regulatory authorities, with respect to evolving technology, presents a challenging environment for the new and established players in the market.

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Geographies covered for the global genetic testing market:

O    North America: The United States and Canada

O    Europe: The United Kingdom, Germany, France, Spain, Italy, Russia and rest of Europe

O    Asia-Pacific: China, Japan, India, South Korea, Australia & New Zealand, ASEAN countries, and rest of Asia Pacific

O    The Middle East and Africa: United Arab Emirates, Turkey, Saudi Arabia, South Africa and rest of the Middle East and Africa

O    Latin America: Mexico, Brazil, and rest of Latin America

The report on global genetic testing market includes segmentation on the basis of type, disease and technology.

O    Type is segmented into:

•    Carrier Testing

•    Diagnostic Testing

•    Newborn Screening

•    Predictive and Pre-symptomatic Testing

•    Prenatal Testing

•    Pharmacogenomics

•    Other Types

O    Disease is segmented into:

•    Alzheimer’s Disease

•    Cancer

•    Cystic Fibrosis

•    Sickle Cell Anemia

•    Duchenne Muscular Dystrophy

•    Thalassemia

•    Huntington’s Disease

•    Special Diseases

•    Other Diseases

O    Technology is segmented into:

•    Cytogenetic Testing

•    Biochemical Testing

•    Molecular Testing

The companies engaged in the global genetic testing market are Abbott Laboratories, Inc., Bio-Rad Laboratories, Danaher Corporation (Cepheid), Daan Diagnostics, Ltd., F. Hoffmann-La Roche, Ltd., Genentech, Inc., Genomictree, Inc., HTG Molecular Diagnostics, Inc., Illumina, Inc., Integragen S.A., Laboratory Corporation of America Holdings, Luminex Corporation, Molecular MD Corp. (Acquired By Icon), Myriad Genetics, Inc., Natera, Inc., Oxford Biodynamics, Limited, Pacific Biosciences of California, Inc., Perkinelmer, Inc., Qiagen N.V., Roche Diagnostics Corporation and Thermo Fisher Scientific, Inc.

The strategic analysis for each of these companies in the global genetic testing market has been covered in detail. 

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Table of Content

1.    GENETIC TESTING MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. PORTER’S FIVE FORCES MODEL

2.2.1.   THREAT OF NEW ENTRANTS

2.2.2.   THREAT OF SUBSTITUTE

2.2.3.   BARGAINING POWER OF BUYERS

2.2.4.   BARGAINING POWER OF SUPPLIERS

2.2.5.   THREAT OF COMPETITIVE RIVALRY

2.3. PESTEL OUTLOOK

2.4. KEY INSIGHTS

2.5. MARKET ATTRACTIVENESS MATRIX

2.6. MARKET DRIVERS

2.6.1.   RISING TREND OF EARLY DIAGNOSIS OF DISEASES

2.6.2.   RISING DEMAND FOR PERSONALIZED MEDICINE

2.6.3.   GROWING AWARENESS ABOUT CANCER AND GENETIC TESTING IN ONCOLOGY

2.7. MARKET RESTRAINTS

2.7.1.   HIGH PRICE OF GENETIC TESTING

2.7.2.   SOCIAL AND ETHICAL ISSUES ASSOCIATED WITH GENETIC TESTING

2.8. MARKET OPPORTUNITIES

2.8.1.   INCREASING NUMBER OF PATIENTS SEEKING GENETIC COUNSELING AND TESTING

2.8.2.   SURGE IN INFERTILITY RATE

2.9. MARKET CHALLENGES

2.9.1.   STRINGENT REGULATION

3.    GENETIC TESTINGS MARKET OUTLOOK - BY TECHNOLOGY

3.1. CYTOGENETIC TESTING

3.2. BIOCHEMICAL TESTING

3.3. MOLECULAR TESTING

4.    GENETIC TESTINGS MARKET OUTLOOK - BY DISEASE

4.1. ALZHEIMER’S DISEASE

4.2. CANCER

4.3. CYSTIC FIBROSIS

4.4. SICKLE CELL ANEMIA

4.5. DUCHENNE MUSCULAR DYSTROPHY

4.6. THALASSEMIA

4.7. HUNTINGTON’S DISEASE

4.8. SPECIAL DISEASES

4.9. OTHER DISEASES

5.    GENETIC TESTINGS MARKET OUTLOOK - BY TYPE

5.1. CARRIER TESTING

5.2. DIAGNOSTIC TESTING

5.3. NEWBORN SCREENING

5.4. PREDICTIVE AND PRESYMPTOMATIC TESTING

5.5. PRENATAL TESTING

5.6. PHARMACOGENOMICS

5.7. OTHER TYPES

6.    GENETIC TESTING MARKET - REGIONAL OUTLOOK

6.1. NORTH AMERICA

6.1.1.   COUNTRY ANALYSIS

6.1.1.1.      THE UNITED STATES

6.1.1.2.      CANADA

6.2. EUROPE

6.2.1.   COUNTRY ANALYSIS

6.2.1.1.      THE UNITED KINGDOM

6.2.1.2.      FRANCE

6.2.1.3.      GERMANY

6.2.1.4.      SPAIN

6.2.1.5.      ITALY

6.2.1.6.      RUSSIA

6.2.1.7.      REST OF EUROPE

6.3. ASIA-PACIFIC

6.3.1.   COUNTRY ANALYSIS

6.3.1.1.      INDIA

6.3.1.2.      CHINA

6.3.1.3.      JAPAN

6.3.1.4.      SOUTH KOREA

6.3.1.5.      ASEAN COUNTRIES

6.3.1.6.      AUSTRALIA AND NEW ZEALAND

6.3.1.7.      REST OF APAC

6.4. LATIN AMERICA

6.4.1.   COUNTRY ANALYSIS

6.4.1.1.      BRAZIL

6.4.1.2.      MEXICO

6.4.1.3.      REST OF LATIN AMERICA

6.5. MIDDLE EAST AND AFRICA (MEA)

6.5.1.   COUNTRY ANALYSIS

6.5.1.1.      SAUDI ARABIA

6.5.1.2.      TURKEY

6.5.1.3.      UNITED ARAB EMIRATES

6.5.1.4.      SOUTH AFRICA

6.5.1.5.      REST OF MIDDLE EAST AND AFRICA

7.    COMPANY PROFILING

7.1. ABBOTT LABORATORIES INC.

7.2. BIO-RAD LABORATORIES

7.3. DANAHER CORPORATION (CEPHEID)

7.4. DAAN DIAGNOSTICS LTD.

7.5. F. HOFFMANN-LA ROCHE LTD

7.6. GENENTECH, INC

7.7. GENOMICTREE, INC.

7.8. HTG MOLECULAR DIAGNOSTICS, INC.

7.9. ILLUMINA, INC

7.10.            INTEGRAGEN S.A

7.11.            LABORATORY CORPORATION OF AMERICA HOLDINGS

7.12.            LUMINEX CORPORATION

7.13.            MOLECULAR MD, CORP (ACQUIRED BY ICON)

7.14.            MYRIAD GENETICS, INC.

7.15.            NATERA, INC

7.16.            OXFORD BIODYNAMICS LIMITED

7.17.            PACIFIC BIOSCIENCES OF CALIFORNIA, INC.

7.18.            PERKINELMER, INC.

7.19.            QIAGEN N.V.

7.20.            ROCHE DIAGNOSTICS CORPORATION

7.21.            THERMO FISHER SCIENTIFIC INC.

8.    RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.1.1.   OBJECTIVES OF STUDY

8.1.2.   SCOPE OF STUDY

8.2. SOURCES OF DATA

8.2.1.   PRIMARY DATA SOURCES

8.2.2.   SECONDARY DATA SOURCES

8.3. RESEARCH METHODOLOGY

8.3.1.   EVALUATION OF PROPOSED MARKET

8.3.2.   IDENTIFICATION OF DATA SOURCES

8.3.3.   ASSESSMENT OF MARKET DETERMINANTS

8.3.4.   DATA COLLECTION

8.3.5.   DATA VALIDATION & ANALYSIS

List of table

TABLE 1 GLOBAL GENETIC TESTING MARKET BY REGION 2019-2027 ($ MILLION)

TABLE 2 GLOBAL GENETIC TESTING MARKET BY TYPE 2019-2027 ($ MILLION)

TABLE 3 GLOBAL GENETIC TESTING MARKET BY DISEASE 2019-2027 ($ MILLION)

TABLE 4        GLOBAL GENETIC TESTING MARKET BY TYPE 2019-2027 ($ MILLION)

TABLE 5        GLOBAL GENETIC TESTING MARKET BY REGION 2019-2027 ($ MILLION)

TABLE 6 NORTH AMERICA GENETIC TESTING MARKET COUNTRY ANALYSIS 2019-2027($ MILLION)

TABLE 7 EUROPE GENETIC TESTING MARKET BY COUNTRY 2019-2027 ($ MILLION)

TABLE 8 ASIA PACIFIC GENETIC TESTING MARKET BY COUNTRY 2019-2027 ($ MILLION)

TABLE 9        LATIN AMERICA GENETIC TESTING MARKET BY COUNTRY 2019-2027 ($ MILLION)

TABLE 10      MIDDLE EAST AND AFRICA GENETIC TESTING MARKET BY COUNTRY 2019-2027 ($ MILLION)  

List of Figures

FIGURE 1      GLOBAL GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 2      PORTER’S FIVE FORCE MODEL

FIGURE 3      GLOBAL GENETIC TESTING MARKET BY CYTOGENETIC TESTING 2019-2027($ MILLION)

FIGURE 4      GLOBAL GENETIC TESTING MARKET BY BIOCHEMICAL TESTING 2019-2027($ MILLION)

FIGURE 5      GLOBAL GENETIC TESTING MARKET BY MOLECULAR TESTING 2019-2027($ MILLION)

FIGURE 6      GLOBAL GENETIC TESTING MARKET BY ALZHEIMER’S DISEASE 2019-2027($ MILLION)

FIGURE 7      GLOBAL GENETIC TESTING MARKET BY CANCER 2019-2027($ MILLION)

FIGURE 8      GLOBAL GENETIC TESTING MARKET BY CYSTIC FIBROSIS 2019-2027($ MILLION)

FIGURE 9      GLOBAL GENETIC TESTING MARKET BY SICKLE CELL ANEMIA 2019-2027($ MILLION)

FIGURE 10   GLOBAL GENETIC TESTING MARKET BY DUCHENNE MUSCULAR DYSTROPHY 2019-2027($ MILLION)

FIGURE 11   GLOBAL GENETIC TESTING MARKET BY THALASSEMIA 2019-2027($ MILLION)

FIGURE 12   GLOBAL GENETIC TESTING MARKET BY HUNTINGTON’S DISEASE 2019-2027($ MILLION)

FIGURE 13   GLOBAL GENETIC TESTING MARKET BY SPECIAL DISEASES 2019-2027($ MILLION)

FIGURE 14   GLOBAL GENETIC TESTING MARKET BY OTHER DISEASES 2019-2027($ MILLION)

FIGURE 15   GLOBAL GENETIC TESTING MARKET BY CARRIER TESTING 2019-2027($ MILLION)

FIGURE 16   GLOBAL GENETIC TESTING MARKET BY DIAGNOSTIC TESTING 2019-2027($ MILLION)

FIGURE 17   GLOBAL GENETIC TESTING MARKET BY NEWBORN SCREENING 2019-2027($ MILLION)

FIGURE 18   GLOBAL GENETIC TESTING MARKET BY PREDICTIVE AND PRESYMPTOMATIC TESTING 2019-2027($ MILLION)

FIGURE 19   GLOBAL GENETIC TESTING MARKET BY PRENATAL TESTING 2019-2027($ MILLION)

FIGURE 20   GLOBAL GENETIC TESTING MARKET BY PHARMACOGENOMICS 2019-2027($ MILLION)

FIGURE 21   GLOBAL GENETIC TESTING MARKET BY OTHER TYPES 2019-2027($ MILLION)

FIGURE 22   GLOBAL GENETIC TESTING MARKET SHARE BY REGION 2018 & 2027 (%)

FIGURE 23   HEALTHCARE EXPENDITURE IN THE U.S. 2014-2025 (% OF GDP)

FIGURE 24   THE UNITED STATES GENETIC TESTING MARKET 2019-2027($ MILLION)

FIGURE 25   CANADA GENETIC TESTING MARKET 2019-2027($ MILLION)

FIGURE 26   THE UNITED KINGDOM GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 27   FRANCE GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 28   GERMANY GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 29   SPAIN GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 30   ITALY GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 31   RUSSIA GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 32   REST OF EUROPE GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 33   INDIA GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 34   CHINA GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 35   JAPAN GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 36   SOUTH KOREA GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 37   ASEAN COUNTRIES GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 38   AUSTRALIA AND NEW ZEALAND GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 39   REST OF APAC GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 40   BRAZIL GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 41   MEXICO GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 42   REST OF LATIN AMERICA GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 43   SAUDI ARABIA GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 44   TURKEY GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 45   UAE GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 46   SOUTH AFRICA GENETIC TESTING MARKET 2019-2027 ($ MILLION)

FIGURE 47   REST OF MIDDLE EAST AND AFRICA GENETIC TESTING MARKET 2019-2027 ($ MILLION)

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