Hereditary testing also known as DNA/genetic testing is a process sed to recognize or identify the changes occurring in a genetic make-up/DNA sequence within a cell. The testing includes various procedures like: biochemical testing, chromosomal method, molecular method and various other testing methods. The hereditary testing aids in diagnosis of many conditions like in: prenatal testing, hereditary cancer testing, rare diseases testing and various other gene/hereditary linked diseases can be diagnosed. Hereditary testing can help in early diagnosis and the patients can get the right treatment.
Hereditary Testing Market: Key Players
The research study includes profiles of leading companies operating in the global hereditary testing market. Key players profiled in the report include: Myriad Genetics, Inc.; Invitae Corporation; Illumina, Inc.; Natera, Inc.; Laboratory Corporation of America Holdings; F. Hoffmann-La Roche Ltd; Quest Diagnostics Incorporated; CooperSurgical, Inc.; Agilent Technologies, Inc.; Thermo Fisher Scientific, Inc.; Twist Bioscience; Sophia Genetics; Fulgent Genetic, Inc.; Medgenome; and CENTOGENE N.V.
Drivers for the Global Hereditary Testing Market:
Rising acceptance of hereditary tests among individuals, increase in the rate of neonatal/newborn screening, increase in the testing volumes especially in women's genetic testing, Improvements in genetic testing guidelines are providing inclusion of multigene panel testing for hereditary cancer that is used in clinical practice and increasing number of hereditary linked diseases globally need to be treated and can be done through hereditary testing kits. Hence these factors are the major drivers and are owing to increase the growth and disposable income of the industry.
Opportunities for the Global Hereditary Testing Market:
Moreover, rising rate of cancer which is mostly hereditary, diabetes also is one of the most predominant condition which is mostly hereditary hence these conditions can be tested at a early stage and can be treated and some of the providers of the hereditary testing kits are using a cloud-based distribution system to make bioinformatics technology available for use in laboratories. Hence these factors are going to provide future opportunities for the industry.
Restrains for the Global Hereditary Testing Market:
However, high costs incurred by patients/individuals to get the test done, lack of regulations in certain regions to conduct the tests and lack of wide knowledge spectrum among each individual. Hence these factors can majorly hamper the growth of the hereditary testing market.
Region Wise, Global Hereditary Testing Market Analysis:
Europe held major share in the market due to general economic conditions, investment in new technology, high availability of genetic tests, adoption towards advanced treatments, and government recommendations to ensure the quality of hereditary testing services provided. Besides, North America and Asia-Pacific held a large share in the market.
Global Hereditary Testing Market: Product analysis
- Predictive Testing
- Carrier Testing
- Prenatal & Newborn Testing
- Diagnostic Testing
- Pharmacogenomic Testing
Global Hereditary Testing Market: Application analysis
- Chromosome Analysis
- Genetic Disease Diagnosis
- Cardiovascular Disease Diagnosis
Global Hereditary Testing Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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