Hereditary Genetic Testing Market Size, Trends | Industry Analysis 2024-2032

The Reports and Insights, a leading market research company, has recently releases report titled “Hereditary Genetic Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Hereditary Genetic Testing Market Share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Hereditary Genetic Testing?

The global hereditary genetic testing market is expected to register a CAGR of 9.9% over the forecast period of 2024-2032.

What are Hereditary Genetic Testing Market?

Hereditary genetic testing is the examination of an individual's DNA to detect mutations in genes linked to an elevated risk of inheriting specific hereditary disorders. This type of testing helps identify if a person carries a gene mutation that could be transmitted to their descendants, potentially predisposing them to certain health conditions. It is commonly employed in families with a history of genetic disorders to assess the likelihood of passing on these conditions and to inform healthcare decisions, such as preventive strategies or treatment choices.

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What are the growth prospects and trends in the Hereditary Genetic Testing Market industry?

The hereditary genetic testing market growth is driven by various factors. Hereditary genetic testing is the examination of an individual's DNA to detect mutations in genes linked to an elevated risk of inheriting specific hereditary disorders. This type of testing helps identify if a person carries a gene mutation that could be transmitted to their descendants, potentially predisposing them to certain health conditions. It is commonly employed in families with a history of genetic disorders to assess the likelihood of passing on these conditions and to inform healthcare decisions, such as preventive strategies or treatment choices. Hence, all these factors contribute to hereditary genetic testing market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Type of Genetic Variation

• Single Nucleotide Polymorphism (SNP) Testing
• Copy Number Variation (CNV) Testing
• Insertion/Deletion (INDEL) Testing
• Structural Variation Testing

By Clinical Application

• Cancer Genetic Testing
• Cardiovascular Genetic Testing
• Neurological Genetic Testing
• Rare Diseases Genetic Testing

By End User

• Hospitals and Clinics
• Diagnostic Laboratories
• Research Institutes
• Direct-to-Consumer (DTC) Genetic Testing Companies

By Technology

• Polymerase Chain Reaction (PCR)
• Next-Generation Sequencing (NGS)
• Microarray
• Fluorescence In Situ Hybridization (FISH)

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Italy
• Spain
• Russia
• Poland
• Benelux
• Nordic
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• ASEAN
• Australia & New Zealand
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Argentina

Middle East & Africa

• Saudi Arabia
• South Africa
• United Arab Emirates
• Israel
• Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

• 23andMe, Inc.
• Ambry Genetics
• BGI Group
• BioReference Laboratories, Inc.
• Color Genomics
• Eurofins Scientific
• Fulgent Genetics
• Illumina, Inc.
• Invitae Corporation
• Laboratory Corporation of America Holdings (LabCorp)
• Myriad Genetics, Inc.
• Natera, Inc.
• Qiagen N.V.
• Quest Diagnostics
• Thermo Fisher Scientific Inc.

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