Report Detail
Europe Genetic Testing Services Market to 2027 - Regional Analysis and Forecasts by Type (Predictive Testing, Carrier Testing, Prenatal Testing, New-born Screening and Others), Disease (Cancer Disease, Metabolic Diseases, Cardiovascular Diseases and Others), Service Provider (Diagnostic Laboratories, Hospital-Based Laboratories and Clinics) and Country
- RnM3926469 |
- 13 March, 2020 |
- Global |
- 170 Pages |
- The Insight Partners |
- Biotechnology
The Europe genetic testing services market is expected to reach US$ 5,840.9 Mn in 2027 from US$ 2,521.6 Mn in 2019. The genetic testing services market is anticipated to grow at a growth rate of 11.4% from 2020-2027.
The factors driving the growth of genetic testing service include rising prevalence of the genetic diseases and rise in awareness & acceptance of personalized medicines. Also, growing preference towards Direct-To-Consumer (DTC) genetic testing, support of government to adopt genetic testing services is positively impacting the growth of the market in the review period. In addition, various strategic initiatives by the manufacturers, new product launch along with artificial intelligence (AI) powered genetic testing is likely to boost the growth of market.
Moreover, European countries have undertaken a number of initiatives to increase awareness among people about the benefits of genetic testing. For instance, EuroGentest is a project funded by the European Commission to harmonize the process of genetic testing, from sampling to counseling, across Europe. The ultimate goal is to ensure that all aspects of genetic testing are of high quality, thereby providing accurate and reliable results for the benefit of the patients.
As per, Genetic Disorders UK, as of 2018, It is estimated that 1 in 25 children is affected by a genetic disorder. This means that in the UK, 30,000 babies and children are newly diagnosed each year, and more than 2.4 million children and adults are living with a genetic disorder. Moreover, according to the study the prevalence of cancer is expected to rise up to 4 million by 2030. Furthermore, the practice of genetic testing for hereditary cancer syndromes has changed dramatically in recent years which has increased the demand for genetic testing to detect cancer risks.
Thus the increasing funds and awareness in Europe are likely to boost the genetic testing services market and are anticipated to provide significant growth opportunities to the players operating in the market during the forecast period.
The above-mentioned factors are expected to offer broad growth opportunities in the industry, and this is expected to cause the demand for genetic testing services.
Europe genetic testing services market is segmented by type, disease, and service provider. Based on the type, the market is segmented into predictive testing, carrier testing, prenatal testing, newborn screening and others. On the basis of disease, the market is classified as, cancer disease, metabolic diseases, cardiovascular diseases and others. Based on service provider, the market is categorized as, diagnostic laboratories, hospital-based laboratories and clinics.
Some of the major primary and secondary sources for genetic testing services market included in the report are UK Genetic Testing Network (UKGTN), the Japanese Society for Genetic Counseling (JSGC), the European Cancer Information System among others.
TABLE OF CONTENTS
1. Introduction
- 1.1 Scope Of The Study
- 1.2 The Insight Partners Research Report Guidance
2. Europe Genetic Testing Services Market – Key Takeaways
3. Europe Genetic Testing Services Market – Market Landscape
- 3.1 Overview
- 3.2 Market Segmentation
- 3.2.1 Europe Genetic Testing Services Market – By Type
- 3.2.2 Europe Genetic Testing Services Market – By Disease
- 3.2.3 Europe Genetic Testing Services Market – By Service Provider
- 3.2.4 Europe Genetic Testing Services Market – By Country
- 3.3 PEST Analysis
- 3.4 Expert Opinions
4. Europe Genetic Testing Services Market-Key Market Dynamics
- 4.1 Key Market Drivers
- 4.1.1 Rising Prevalence of the Genetic Diseases in Europe
- 4.1.2 Rise in Awareness & Acceptance of Personalized Medicines
- 4.2 Key Market Restraints
- 4.3 Social and Ethical Implications of Genetic Testing
- 4.4 Key Market Opportunities
- 4.4.1 Growing Preference towards Direct-To-Consumer (DTC) Genetic Testing in Europe
- 4.5 Future Trends
- 4.5.1 Artificial Intelligence (AI) Powered Genetic Testing
- 4.6 Impact Analysis Of Drivers And Restraints
5. Genetic Testing Services Market – Europe Analysis
- 5.1 Europe Genetic Testing Services Market Revenue Forecasts And Analysis
- 5.2 Market Positioning
- 5.3 Performance Of Key Players
- 5.3.1 Thermo Fischer Scientific Inc.,
- 5.3.2 F. Hoffmann-La Roche Ltd
- 5.3.3 Illumina, Inc.
6. Europe Genetic Testing Services Market Analysis – By Type
- 6.1 Overview
- 6.2 Europe Genetic Testing Services Market, By Product, 2019 & 2027 (%)
- 6.3 Europe Genetic Testing Services Market Revenue And Forecasts To 2027, By Type (Us$ Mn)
- 6.4 New-born Screening Market
- 6.4.1 Overview
- 6.4.2 New-born Screening Market Revenue and Forecast to 2027 (US$ Mn)
- 6.5 Prenatal Testing Market
- 6.5.1 Overview
- 6.5.2 Prenatal Testing Market Revenue and Forecast to 2027 (US$ Mn)
- 6.6 Predictive Testing Market
- 6.6.1 Overview
- 6.6.2 Predictive Testing Market Revenue and Forecast to 2027 (US$ Mn)
- 6.7 Carrier Testing Market
- 6.7.1 Overview
- 6.7.2 Carrier Testing Market Revenue and Forecast to 2027 (US$ Mn)
- 6.8 Other Testing’s Market
- 6.8.1 Overview
- 6.8.2 Other Testing’s Market Revenue and Forecast to 2027 (US$ Mn)
7. Europe Genetic Testing Services Market Analysis – By Disease
- 7.1 Overview
- 7.2 Europe Genetic Testing Services Market, By Disease, 2019 & 2027 (%)
- 7.3 Europe Genetic Testing Services Market Revenue And Forecasts To 2027, By Disease (Us$ Mn)
- 7.4 Cancer Market
- 7.4.1 Overview
- 7.4.2 Cancer Market Revenue and Forecast to 2027 (US$ Mn)
- 7.5 Metabolic Diseases Market
- 7.5.1 Overview
- 7.5.2 Metabolic Diseases Market Revenue and Forecast to 2027 (US$ Mn)
- 7.6 Cardiovascular Disease Market
- 7.6.1 Overview
- 7.6.2 Cardiovascular Disease Market Revenue and Forecast to 2027 (US$ Mn)
- 7.7 Other Diseases Market
- 7.7.1 Overview
- 7.7.2 Other Diseases Market Revenue and Forecast to 2027 (US$ Mn)
8. Europe Genetic Testing Services Market Analysis – By Service Provider
- 8.1 Overview
- 8.2 Europe Genetic Testing Services Market, By Service Provider, 2019 & 2027 (%)
- 8.3 Europe Genetic Testing Services Market Revenue And Forecasts To 2027, By Disease (Us$ Mn)
- 8.4 Diagnostic Laboratories Market
- 8.4.1 Overview
- 8.4.2 Diagnostic Laboratories Market Revenue and Forecast to 2027 (US$ Mn)
- 8.5 Hospital-Based Laboratories Market
- 8.5.1 Overview
- 8.5.2 Hospital-Based Laboratories Market Revenue and Forecast to 2027 (US$ Mn)
- 8.6 Clinics Market
- 8.6.1 Overview
- 8.6.2 Clinics Market Revenue and Forecast to 2027 (US$ Mn)
9. Europe Genetic Testing Services Market Revenue And Forecasts To 2027
- 9.1 Overview
- 9.2 Europe Genetic Testing Services Market Revenue And Forecasts To 2027, By Country (%)
- 9.2.1 Germany Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.2.2 Germany Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.2.2.1 Germany Genetic Testing Services Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 9.2.2.2 Germany Genetic Testing Services Market Revenue And Forecasts to 2027, By Disease (US$ Mn)
- 9.2.2.3 Germany Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn)
- 9.2.3 UK Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.2.4 UK Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.2.4.1 UK Genetic Testing Services Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 9.2.4.2 UK Genetic Testing Services Market Revenue And Forecasts to 2027, By Disease (US$ Mn)
- 9.2.4.3 UK Genetic Testing Services Market Revenue And Forecasts to 2027, By Service Provider (US$ Mn)
- 9.2.5 France Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.2.6 France Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.2.6.1 France Genetic Testing Services Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 9.2.6.2 France Genetic Testing Services Market Revenue And Forecasts to 2027, By Disease (US$ Mn)
- 9.2.6.3 France Genetic Testing Services Market Revenue And Forecasts to 2027, By Service Provider (US$ Mn)
- 9.2.7 Italy Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.2.8 Italy Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.2.8.1 Italy Genetic Testing Services Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 9.2.8.2 Italy Genetic Testing Services Market Revenue And Forecasts to 2027, By Disease (US$ Mn)
- 9.2.8.3 Italy Genetic Testing Services Market Revenue And Forecasts to 2027, By Service Provider (US$ Mn)
- 9.2.9 Spain Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.2.10 Spain Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)
- 9.2.10.1 Spain Genetic Testing Services Market Revenue And Forecasts to 2027, By Type (US$ Mn)
- 9.2.10.2 Spain Genetic Testing Services Market Revenue And Forecasts to 2027, By Disease (US$ Mn)
- 9.2.10.3 Spain Genetic Testing Services Market Revenue And Forecasts to 2027, By Disease (US$ Mn)
10. Genetic Testing Services Market –Industry Landscape
- 10.1 Overview
- 10.2 Growth Strategies In The Genetic Testing Services Market, 2017-2020
- 10.3 Organic Developments
- 10.3.1 Overview
- 10.3.2 Organic Growth Strategies In The Genetic Testing Services Market, 2017-2020
- 10.4 Inorganic Developments
- 10.4.1 Overview
- 10.4.2 Inorganic Growth Strategies In The Genetic Testing Services Market, 2017-2020
11. Genetic Testing Services Market–Key Company Profiles
12. Genetic Testing Services Market- Key Company Profiles
- 12.1 Laboratory Corporation of America Holdings
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 F. HOFFMANN-LA ROCHE LTD
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Illumina, Inc.
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Quest Diagnostics Incorporated
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Exact Sciences Corporation
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 NeoGenomics Laboratories, Inc.
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Eurofins Scientific
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Ambry Genetics
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Centogene AG
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10andMe, Inc.
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
- 12.11 THERMO FISHER SCIENTIFIC INC.
- 12.11.1 Key Facts
- 12.11.2 Business Description
- 12.11.3 Products and Services
- 12.11.4 Financial Overview
- 12.11.5 SWOT Analysis
- 12.11.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary Of Terms
- 13.3 Methodology
- 13.3.1 Coverage
- 13.3.2 Secondary Research
- 13.3.3 Primary Research
Summary:
Get latest Market Research Reports on Europe Genetic Testing Services . Industry analysis & Market Report on Europe Genetic Testing Services is a syndicated market report, published as Europe Genetic Testing Services Market to 2027 - Regional Analysis and Forecasts by Type (Predictive Testing, Carrier Testing, Prenatal Testing, New-born Screening and Others), Disease (Cancer Disease, Metabolic Diseases, Cardiovascular Diseases and Others), Service Provider (Diagnostic Laboratories, Hospital-Based Laboratories and Clinics) and Country. It is complete Research Study and Industry Analysis of Europe Genetic Testing Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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