80 likes | 94 Views
The adoption of genetic tests into clinical care, technological advancements and availability of new tests, and progress in demand for direct-to-consumer genetic testing are the factors driving the Genetic Testing Market growth.<br><br>Further, progress in occurrence of chronic diseases across the world to propel the market expansion results the diagnostics segment to observer a substantial growth over the forecast period 2020-2026.<br><br>Request Free Sample @ https://www.oganalysis.com/sample/216437<br><br>The advancements in genetic testing services and increasing demand for personalized medicine are the other major factors contributing to increase the market size.<br><br>With increase in R&D subsidy, coupled with the strong market presence by major companies in the market to create strong entry barrier for fresh market participants.<br><br>Browse Genetic Testing Market, Research Report @ https://www.oganalysis.com/industry-reports/216437/genetic-testing-market<br><br>High costs of genetic testing, lack of experienced professionals and advanced infrastructure in developing and unfledged economies to challenge the market growth.<br><br>Regional aspect boosting the genetic testing market size<br><br>Factors such as improved demand for customized genetic testing services, better prevalence of medical diseases and genetic disorders currently dominates the North American market for genetic testing.<br><br>While more and more people enroll online for genetic testing and become aware of their DNA results, simple accessibility in genetic testing has significantly affected the market.<br><br>In Asia pacific factors driving the market growth include increasing sedentary lifestyle, smoking and increased alcohol consumption to boost the patient pool in this region.<br><br>In addition, progress in investing in advertisements plays a major role for spreading the awareness among the consumers. For example, in 2019, SmileDirectClub, DoorDash and 23andMe spends more than $10 million across print, digital and TV advertising.<br><br>Furthermore, increase in consumer interest in personalized medicines to boost the market demand in Europe. Also, increasing adoption of technology and government initiatives designed for improving the healthcare infrastructure to boost the European market growth.<br><br>Request for Special Discount on Genetic Testing Market @ https://www.oganalysis.com/discount/216437<br><br>Ground-breaking examinations, new developments by key firms to prompt the market share<br><br>Market players focusing on innovative service offerings, mergers, collaborations, and strategic acquisitions to increase the market share.<br><br>For instance, in 2020, Japanese company and university developed a rapid genetic testing system for the novel coronavirus.<br><br>Further, in the year 2020, recent study by Bione company genetic test can check an individualu2019s susceptibility to coronavirus.<br><br>In addition, in 2020, RUCDR Infinite Biologics launched a genetic test for the SARS-CoV-2 coronavirus and is using its automation experience and infrastructure to test.<br><br>Moreover, ACMG, ABMGG Provided complimentary online medical genetics courses during COVID-19 pandemic in 2020.<br><br>Additionally, in 2020, the TAILOR-PCI study used genetic testing to guide which antiplatelet medication was given to the patients following percutaneous coronary intervention (PCI).<br><br>The key players in the genetic testing market include 23andMe Inc., Abbott, Ambry Genetics, BGI, Biocartis Group NV, Bio-Helix Co. Ltd., bioMerieux SA, Blueprint Genetics, Cepheid, Counsyl Inc., deCODE Genetics, GeneDx, Genomic Health Inc., and Genomictree Inc. among others.<br><br>Related reports<br>u2022 Preimplantation Genetic Testing Market<br>Ambarish Ram<br>OG Analysis<br> 91 73370 13757<br>email us here<br>Visit us on social media:<br>Facebook<br>Twitter
E N D
6/8/2020 Genetic Testing Market to increase with a vigorous CAGR of 16.3% through 2026 (/) Genetic Testing Market to increase with a vigorous CAGR of 16.3% through 2026 NEWS PROVIDED BY OG Analysis (http://www.einpresswire.com/newsroom/oganalysis.com/) April 14, 2020, 13:45 GMT SHARE THIS ARTICLE (http://www.facebook.com/sharer.php? u=https%3A%2F%2Fwww.einpresswire.com%2Farticle%2F514545310%2Fgenetic-testing-market-to- increase-with-a-vigorous-cagr-of-16-3-through- 2026&t=Genetic+Testing+Market+to+increase+with+a+vigorous+CAGR+of+16.3%25+through+2026) (https://twitter.com/intent/retweet?tweet_id=1250057525132656645) (http://www.linkedin.com/shareArticle? mini=true&url=https%3A%2F%2Fwww.einpresswire.com%2Farticle%2F514545310%2Fgenetic-testing- market-to-increase-with-a-vigorous-cagr-of-16-3-through- 2026&title=Genetic+Testing+Market+to+increase+with+a+vigorous+CAGR+of+16.3%25+through+2026) (/article-print/514545310/genetic-testing-market-to-increase-with-a-vigorous-cagr-of-16-3- through-2026) fcd009c875a5577fd4fe2f5b7e3bf4eb.ssl.cf2.rackcdn.com/EINPresswire-514545310-genetic-testing- market-to-increase-with-a-vigorous-cagr-of-16-3-through-2026-2.pdf) (https://0e190a550a8c4c8c4b93- https://www.einpresswire.com/article/514545310/genetic-testing-market-to-increase-with-a-vigorous-cagr-of-16-3-through-2026 1/8
6/8/2020 Genetic Testing Market to increase with a vigorous CAGR of 16.3% through 2026 (/) (https://img.einpresswire.com/large/137831/genetic-testing-market.png#483x291) Global Genetic Testing Market 2020 Genetic Testing Market Size, Share and Trend Analysis Report to 2026- Growth Opportunities and Competitive Analysis MONTANA, UNITED STATES, April 14, 2020 /EINPresswire.com (http://www.einpresswire.com)/ -- The adoption of genetic tests into clinical care, technological advancements and availability of new tests, and progress in demand for direct-to-consumer genetic testing are the factors driving the Genetic Testing Market (https://www.oganalysis.com/industry- reports/216437/genetic-testing-market) growth. Further, progress in occurrence of chronic diseases across the world to propel the market expansion results the diagnostics segment to observer a substantial growth over the forecast period 2020-2026. Request Free Sample @ https://www.oganalysis.com/sample/216437 (https://www.oganalysis.com/sample/216437) The advancements in genetic testing services and increasing demand for personalized medicine are the other major factors contributing to increase the market size. With increase in R&D subsidy, coupled with the strong market presence by major companies in the market to create strong entry barrier for fresh market participants. Browse Genetic Testing Market, Research Report @ https://www.einpresswire.com/article/514545310/genetic-testing-market-to-increase-with-a-vigorous-cagr-of-16-3-through-2026 2/8
6/8/2020 Genetic Testing Market to increase with a vigorous CAGR of 16.3% through 2026 https://www.oganalysis.com/industry-reports/216437/genetic-testing-market (https://www.oganalysis.com/industry-reports/216437/genetic-testing-market) (/) High costs of genetic testing, lack of experienced professionals and advanced infrastructure in developing and un?edged economies to challenge the market growth. Regional aspect boosting the genetic testing market size Factors such as improved demand for customized genetic testing services, better prevalence of medical diseases and genetic disorders currently dominates the North American market for genetic testing. While more and more people enroll online for genetic testing and become aware of their DNA results, simple accessibility in genetic testing has signi?cantly affected the market. In Asia paci?c factors driving the market growth include increasing sedentary lifestyle, smoking and increased alcohol consumption to boost the patient pool in this region. In addition, progress in investing in advertisements plays a major role for spreading the awareness among the consumers. For example, in 2019, SmileDirectClub, DoorDash and 23andMe spends more than $10 million across print, digital and TV advertising. Furthermore, increase in consumer interest in personalized medicines to boost the market demand in Europe. Also, increasing adoption of technology and government initiatives designed for improving the healthcare infrastructure to boost the European market growth. Request for Special Discount on Genetic Testing Market @ https://www.oganalysis.com/discount/216437 (https://www.oganalysis.com/discount/216437) Ground-breaking examinations, new developments by key ?rms to prompt the market share https://www.einpresswire.com/article/514545310/genetic-testing-market-to-increase-with-a-vigorous-cagr-of-16-3-through-2026 3/8
6/8/2020 Genetic Testing Market to increase with a vigorous CAGR of 16.3% through 2026 Market players focusing on innovative service offerings, mergers, collaborations, and strategic acquisitions to increase the market share. (/) For instance, in 2020, Japanese company and university developed a rapid genetic testing system for the novel coronavirus. Further, in the year 2020, recent study by Bione company genetic test can check an individual’s susceptibility to coronavirus. In addition, in 2020, RUCDR In?nite Biologics launched a genetic test for the SARS-CoV- 2 coronavirus and is using its automation experience and infrastructure to test. Moreover, ACMG, ABMGG Provided complimentary online medical genetics courses during COVID-19 pandemic in 2020. Additionally, in 2020, the TAILOR-PCI study used genetic testing to guide which antiplatelet medication was given to the patients following percutaneous coronary intervention (PCI). The key players in the genetic testing market include 23andMe Inc., Abbott, Ambry Genetics, BGI, Biocartis Group NV, Bio-Helix Co. Ltd., bioMerieux SA, Blueprint Genetics, Cepheid, Counsyl Inc., deCODE Genetics, GeneDx, Genomic Health Inc., and Genomictree Inc. among others. Related reports • Preimplantation Genetic Testing Market (https://www.oganalysis.com/industry- reports/216439/preimplantation-genetic-testing-market) Ambarish Ram OG Analysis +91 73370 13757 email us here (http://www.einpresswire.com/contact_author/514545310) Visit us on social media: https://www.einpresswire.com/article/514545310/genetic-testing-market-to-increase-with-a-vigorous-cagr-of-16-3-through-2026 4/8
6/8/2020 Genetic Testing Market to increase with a vigorous CAGR of 16.3% through 2026 Genetic Testing Market to increase with a vigorous CAGR of 16.3% through 2026 (/) NEWS PROVIDED BY OG Analysis (http://www.einpresswire.com/newsroom/oganalysis.com/) April 14, 2020, 13:45 GMT SHARE THIS ARTICLE (http://www.facebook.com/sharer.php? u=https%3A%2F%2Fwww.einpresswire.com%2Farticle%2F514545310%2Fgenetic-testing-market-to- ncrease-with-a-vigorous-cagr-of-16-3-through- 2026&t=Genetic+Testing+Market+to+increase+with+a+vigorous+CAGR+of+16.3%25+through+2026) (https://twitter.com/intent/retweet?tweet_id=1250057525132656645) http://www.linkedin.com/shareArticle? mini=true&url=https%3A%2F%2Fwww.einpresswire.com%2Farticle%2F514545310%2Fgenetic-testing- market-to-increase-with-a-vigorous-cagr-of-16-3-through- 2026&title=Genetic+Testing+Market+to+increase+with+a+vigorous+CAGR+of+16.3%25+through+2026) (/article-print/514545310/genetic-testing-market-to-increase-with-a-vigorous-cagr-of-16-3- through-2026) fcd009c875a5577fd4fe2f5b7e3bf4eb.ssl.cf2.rackcdn.com/EINPresswire-514545310-genetic-testing- market-to-increase-with-a-vigorous-cagr-of-16-3-through-2026-2.pdf) (https://0e190a550a8c4c8c4b93- https://www.einpresswire.com/article/514545310/genetic-testing-market-to-increase-with-a-vig Distribution channels: Banking, Finance & Investment Industry (/channel/banking-?nance- investment), Business & Economy (/channel/business-economy), Companies (/channel/companies), Healthcare & Pharmaceuticals Industry (/channel/healthcare- pharmaceuticals), Retail (/channel/retail) EIN Presswire's priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content. As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone's Internet News Presswire™, tries to de?ne some of the boundaries that are reasonable in today's world. Please see our Editorial Guidelines (/editorial-guidelines) for more information. https://www.einpresswire.com/article/514545310/genetic-testing-market-to-increase-with-a-vigorous-cagr-of-16-3-through-2026 6/8
6/8/2020 Contact Genetic Testing Market to increase with a vigorous CAGR of 16.3% through 2026 Company Details (/) Ambarish Ram OG Analysis +91 73370 13757 email us here (/contact-author/514545310) OG Analysis Lakshmi Sai Damam, Hi-Tech City Hyderabad, 500081 India +91 73370 13757 Visit Website (https://www.oganalysis.com) Visit Newsroom (http://www.einpresswire.com/newsroom/oganalysis.com About OG Analysis has been a trusted research partner for 10+ years delivering most reliable analysis, information and innovative solutions. OG Analysis is one of the leading players in market research industry serving 980+ companies across multiple industry verticals. Our core client centric approach comprehends client requirements and provides actionable insights that enable users to take informed decisions. Contact Us: Anil Kumar Phone: +91-7337 01 3757 Email: sales@oganalysis.com () More From This Author Intravenous Immunoglobulin (IVIG) Market to grow with a CAGR of 7.2% over the forecast period 2020-2026 (/article/515187388/intravenous-immunoglobulin-ivig-market-to-grow-with-a-cagr-of- 7-2-over-the-forecast-period-2020-2026) Biologics Market to emerge with a robust growth of 10.4% CAGR over 2020-2026 (/article/515097733/biologics-market-to-emerge-with-a-robust-growth-of-10-4-cagr-over-2020- 2026) Animal Health Market to grow with a CAGR of 5.87% during the estimated time period 2020-2026 (/article/515097233/animal-health-market-to-grow-with-a-cagr-of-5-87-during-the-estimated- time-period-2020-2026) View All Stories From This Author (http://www.einpresswire.com/newsroom/oganalysis.com/) https://www.einpresswire.com/article/514545310/genetic-testing-market-to-increase-with-a-vigorous-cagr-of-16-3-through-2026 7/8
6/8/2020 Genetic Testing Market to increase with a vigorous CAGR of 16.3% through 2026 (/) PR Distribution Newswires Press Releases Resources Help/Support Contact User Agreement (/user-agreement) Privacy Policy (/privacy-policy) Copyright Policy (/copyright) © 1995-2020 IPD Group, Inc. dba EIN Presswire All Right Reserved. https://www.einpresswire.com/article/514545310/genetic-testing-market-to-increase-with-a-vigorous-cagr-of-16-3-through-2026 8/8
6/8/2020 Genetic Testing Market to increase with a vigorous CAGR of 16.3% through 2026 Facebook (https://www.facebook.com/OG-Analysis-423357591827764) Twitter (https://twitter.com/OgAnalysis) (/) LinkedIn (https://www.linkedin.com/company/oganalysis/) +91-7337 01 3757 (tel:555-555-5555) 0 Search Reports All Categories Search Reports Advanced Search (../../advanced-search) Healthcare (../../industry-18-Healthcare) » Medical Devices (../../industry-subcategory-123-Medical-Devices- reports) » Genetic Testing Market Size, Outlook and Growth Opportunities, 2020 - 2026 PLEASE SELECT A FORMAT Published: June-2019 ID:OGAHM1960468 OGAnalysis Electronic (e.g. PDF) Pages:130 $4580 Hard Copy Price $4980 DESCRIPTION TABLE OF CONTENTS FORMATS CD ROM PRICE $4830 $6870 Global Genetic Testing Market Size, Outlook and Growth Opportunities to 2026: By Site License Type (Predictive and Presymptomatic Testing, Carrier Testing, Prenatal and Enterprise wide $11450 Newborn Testing, Diagnostic Testing, Pharmacogenomic Testing, Others), by Technology (Cytogenetic Testing, Biochemical Testing, Molecular Testing, Others), Add to Cart by Indication (Alzheimers , Oncology, Cystic Fibrosis, Sickle Cell Anemia, Duchenne You just read: https://www.einpresswire.com/article/514545310/genetic-testing-market-to-increase-with-a-vigorous-cagr-of-16-3-through-2026 5/8