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The global predictive genetic testing and consumer/wellness genomics market is estimated to expand at a CAGR of 13.9% during the forecast period of 2019 to 2025. Therefore, the market for predictive genetic testing and consumer/wellness genomics is prognosticated to gain a valuation of US$ 8.5 Bn by 2025.<br><br>
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Predictive Genetic Testing and Consumer/Wellness Genomics Market Global Industry Analysis, Size, Analysis, Growth, and Forecast 2017 - 2025 Share, Trends, TMR Research www.tmrresearch.com
Predictive Genetic Testing and Consumer/Wellness Genomics MARKET 1MARKET OVERVIEW Predictive genetic testing are used to identify gene mutations pertaining to the disorders that surface at a considerably later stage in life after birth. Genetic testing promises to revolutionize the healthcare sector, providing crucial diagnostic details related to diverse verticals such as heart disease, autism, and cancer. TMR Research www.tmrresearch.com
Predictive Genetic Testing and Consumer/Wellness Genomics MARKET 2MARKET TRENDS Increasing number of novel partnership models, rapidly decreasing cost of genetic sequencing, and introduction of fragmented point-solutions across the genomics value chain as well as technological advancements in cloud computing and data integration are some of the key factors driving the market. TMR Research www.tmrresearch.com
Predictive Genetic Testing and Consumer/Wellness Genomics MARKET 3MARKET OPPORTUNITIES The absence of well-defined regulatory framework, low adoption implementation, are expected to hinder the growth rate during the forecast period. rate, and ethical concerns regarding the TMR Research www.tmrresearch.com
Predictive Genetic Testing and Consumer/Wellness Genomics MARKET 4REGIONAL ANALYSIS Owing to robust healthcare infrastructure, prevalence of cardiovascular diseases, and high adoptability rate of new technology makes North America the most lucrative region, with most of the demand coming from the country of the U.S. and Canada. TMR Research www.tmrresearch.com
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