Genetic Testing Market Growth Trajectory, Key Drivers And Trends

The Business Research Company’s Genetic Testing Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Genetic Testing Global Market Report 2023 evaluates genetic testing market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global genetic testing market is expected to grow from $25,086.7 million in 2027 at a rate of 10.3%. The market is then expected to grow at a CAGR of 9.0% from 2027 and reach $38,554.6 million in 2032.

The genetic testing market was driven by increasing government initiatives in the forecast period. The government of China is initiating several investments for the growth of genetic testing. In May 2022, the Chinese government is expanding its control over the use of genetic data from people in the country, including for scientific research. China’s Ministry of Science and Technology (MOST), is the latest in a series of government orders on managing genetic resources including biological samples, such as organs, tissues, and blood that yield deoxyribonucleic acid (DNA), and the data gleaned from sequencing them.  Therefore, the rising government support is driving the genetic testing market.

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The genetic testing market segments in the report are:

1) By Type: Predictive Testing; Carrier Testing; Prenatal And Newborn Testing; Diagnostic Testing; Pharmacogenomics Testing; Nutrigenomic Testing; Other Types

2) By Technology: Cytogenetic Testing; Biochemical Testing; Molecular Testing

3) By Application: Cancer Diagnosis; Genetic Disease Diagnosis; Cardiovascular Disease Diagnosis; Other Applications

4) By End User: Hospitals And Clinics; Diagnostic Laboratories And Centres; Other End Users

The table of contents in TBRC’s genetic testing market report includes:

1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction and Market Characteristics
7. Major Market Trends

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20. Opportunities And Strategies
21. Genetic Testing Market, Conclusions And Recommendations
22. Appendix

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