The global genetic testing service market is expected to reach US$ 22,701.8 Mn in 2027 from US$ 9,546.2 Mn in 2019. The market is estimated to grow with a CAGR of 11.7% from 2019-2027.
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.
Genetic testing comprises a broad range of laboratory tests performed to analyze DNA, RNA, chromosomes, proteins, and certain metabolites using biochemical, cytogenetic, or molecular methods or a combination of these methods.
The global genetic testing service 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.
The global Genetic Testing Service market, based on disease, has been segmented into cancer, metabolic disease, and cardiovascular disease among others. In 2019, the cancer based segment held the largest share of the market. Cancer based segment is expected to register the significant growth during the forecast period due to the rising prevalence of cancer worldwide as about 10% to 20% of all cancers are related to gene mutations that are inherited or passed down through the family.
Some of the important primary and secondary sources included in the report are, the 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 The Insight Partners Research Report Guidance 1.2 Market Segmentation1.2.1 Global Genetic Testing Services Market – By Type 1.2.2 Global Genetic Testing Services Market – By Disease 1.2.3 Global Genetic Testing Services Market – By Service Provider 1.2.4 Global Genetic Testing Services Market – By Geography 2. Genetic Testing Services Market – Key Takeaways 3. Research Methodology 3.1 Coverage 3.2 Secondary Research 3.3 Primary Research 4. Genetic Testing Services– Market Landscape 4.1 Overview 4.2 PEST Analysis4.2.1 North America – PEST Analysis 4.2.2 Europe: PEST Analysis 4.2.3 APAC – PEST Analysis 4.2.4 Middle East & Africa – PEST Analysis 4.2.5 South and Central America – PEST Analysis 4.3 Expert Opinion 5. Genetic Testing Services Market – Key Dynamics 5.1 Drivers5.1.1 Rising Prevalence of the Genetic Diseases 5.1.2 Rise in Awareness & Acceptance of Personalized Medicines 5.1.3 Growing Preference towards Direct-To-Consumer (DTC) Genetic Testing 5.2 Restraints5.2.1 Social and Ethical Implications of Genetic Testing 5.2.2 Cost Effectiveness and Affordability of Genetic Services 5.3 Opportunities5.3.1 Untapped emerging markets in developing countries 5.4 Trends5.4.1 Artificial Intelligence (AI) Powered Genetic Testing 5.5 Impact Analysis 6. Genetic Testing Services Market – Global Analysis 6.1 Global Genetic Testing Services Market Revenue Forecast And Analysis 6.2 Global Genetic Testing Services Market, By Geography - Forecast And Analysis 6.3 Market Share of Key Players6.3.1 Thermo Fischer Scientific Inc., 6.3.2 F. Hoffmann-La Roche Ltd 6.3.3 Illumina, Inc. 7. Genetic Testing Services Market Analysis and Forecast – By Type 7.1 Overview 7.2 Genetic Testing Services Market, by Type, 2019 and 2027 (%) 7.3 New-born Screening7.3.1 Overview 7.3.2 Genetic Testing Services Market for New-born Screening, Revenue and Forecast to 2027 (US$ Mn) 7.4 Prenatal Testing7.4.1 Overview 7.4.2 Genetic Testing Services Market for Prenatal Testing , Revenue and Forecast to 2027 (US$ Mn) 7.5 Predictive Testing7.5.1 Overview 7.5.2 Genetic Testing Services Market for Predictive Testing, Revenue and Forecast to 2027 (US$ Mn) 7.6 Carrier Testing7.6.1 Overview 7.6.2 Genetic Testing Services Market for Carrier Testing, Revenue and Forecast to 2027 (US$ Mn) 7.7 Other Testing’s7.7.1 Overview 7.7.2 Genetic Testing Services Market for Other Testing’s, Revenue and Forecast to 2027 (US$ Mn) 8. Genetic Testing Services Market Analysis and Forecast – By Disease 8.1 Overview 8.2 Genetic Testing Services Market, by Disease, 2019 and 2027 (%) 8.3 Cancer8.3.1 Overview 8.3.2 Genetic Testing Services Market for Cancer, Revenue and Forecast to 2027 (US$ Mn) 8.4 Metabolic Diseases8.4.1 Overview 8.4.2 Genetic Testing Services Market for Metabolic Diseases, Revenue and Forecast to 2027 (US$ Mn) 8.5 Cardiovascular Diseases8.5.1 Overview 8.5.2 Genetic Testing Services Market for Cardiovascular Diseases, Revenue and Forecast to 2027 (US$ Mn) 8.6 Other Diseases8.6.1 Overview 8.6.2 Genetic Testing Services Market for Other Diseases, Revenue and Forecast to 2027 (US$ Mn) 9. Genetic Testing Services Market Analysis and Forecast – By Service Provider 9.1 Overview 9.2 Genetic Testing Services Market, by Service Provider, 2019 and 2027 (%) 9.3 Diagnostic Laboratories9.3.1 Overview 9.3.2 Genetic Testing Services Market for Diagnostic Laboratories, Revenue and Forecast to 2027 (US$ Mn) 9.4 Hospital-Based Laboratories9.4.1 Overview 9.4.2 Genetic Testing Services Market for Hospital-Based Laboratories, Revenue and Forecast to 2027 (US$ Mn) 9.5 Clinics9.5.1 Overview 9.5.2 Genetic Testing Services Market for Clinics, Revenue and Forecast to 2027 (US$ Mn) 10. Genetic Testing Services Market – Geographic Analysis 10.1 North America Genetic Testing Services Market, Revenue and Forecast to 202710.1.1 Overview 10.1.2 North America Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.1.3 North America Genetic Testing Services Market, Revenue and Forecast to 2027, by Type (US$ Mn) 10.1.4 North America Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease (US$ Mn) 10.1.5 North America Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.1.6 North America Genetic Testing Services Market, Revenue and Forecast to 2027, by Country (%) 10.1.7 United States10.1.7.1 US Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.1.7.2 US Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.1.7.3 US Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease (US$ Mn) 10.1.7.4 US Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.1.8 Canada10.1.8.1 Canada Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.1.8.2 Canada Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.1.8.3 Canada Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease(US$ Mn) 10.1.8.4 Canada Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.1.9 Mexico10.1.9.1 Mexico Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.1.9.2 Mexico Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.1.9.3 Mexico Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease(US$ Mn) 10.1.9.4 Mexico Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.2 Europe Genetic Testing Services Market, Revenue and Forecast to 202710.2.1 Overview 10.2.2 Europe Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.2.3 Europe Genetic Testing Services Market, Revenue and Forecast to 2027, by Type (US$ Mn) 10.2.4 Europe Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease (US$ Mn) 10.2.5 Europe Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.2.6 Europe Genetic Testing Services Market, Revenue and Forecast to 2027, by Country (%) 10.2.7 Germany10.2.7.1 Germany Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.2.7.2 Germany Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.2.7.3 Germany Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease (US$ Mn) 10.2.7.4 Germany Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.2.8 United Kingdom10.2.8.1 UK Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.2.8.2 UK Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.2.8.3 UK Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease(US$ Mn) 10.2.8.4 UK Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.2.9 France10.2.9.1 France Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.2.9.2 France Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.2.9.3 France Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease(US$ Mn) 10.2.9.4 France Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.2.10 Spain10.2.10.1 Spain Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.2.10.2 Spain Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.2.10.3 Spain Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease(US$ Mn) 10.2.10.4 Spain Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.2.11 Italy10.2.11.1 Italy Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.2.11.2 Italy Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.2.11.3 Italy Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease(US$ Mn) 10.2.11.4 Italy Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.3 Asia Pacific Genetic Testing Services Market, Revenue and Forecast to 202710.3.1 Overview 10.3.2 Asia Pacific Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.3.3 Asia Pacific Genetic Testing Services Market, Revenue and Forecast to 2027, by Type (US$ Mn) 10.3.4 Asia Pacific Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease (US$ Mn) 10.3.5 Asia Pacific Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.3.6 Asia Pacific Genetic Testing Services Market, Revenue and Forecast to 2027, by Country (%) 10.3.7 China10.3.7.1 China Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.3.7.2 China Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.3.7.3 China Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease (US$ Mn) 10.3.7.4 China Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.3.8 Japan10.3.8.1 Japan Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.3.8.2 Japan Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.3.8.3 Japan Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease(US$ Mn) 10.3.8.4 Japan Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.3.9 India10.3.9.1 India Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.3.9.2 India Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.3.9.3 India Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease(US$ Mn) 10.3.9.4 India Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.3.10 South Korea10.3.10.1 South Korea Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.3.10.2 South Korea Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.3.10.3 South Korea Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease (US$ Mn) 10.3.10.4 South Korea Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.3.11 Australia10.3.11.1 Australia Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.3.11.2 Australia Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.3.11.3 Australia Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease(US$ Mn) 10.3.11.4 Australia Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.4 Middle East & Africa Genetic Testing Services Market, Revenue and Forecast to 202710.4.1 Overview 10.4.2 Middle East & Africa Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.4.3 Middle East & Africa Genetic Testing Services Market, Revenue and Forecast to 2027, by Type (US$ Mn) 10.4.4 Middle East & Africa Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease (US$ Mn) 10.4.5 Middle East & Africa Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.4.6 Middle East & Africa Genetic Testing Services Market, Revenue and Forecast to 2027, by Country (%) 10.4.7 Saudi Arabia10.4.7.1 Saudi Arabia Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.4.7.2 Saudi Arabia Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.4.7.3 Saudi Arabia Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease (US$ Mn) 10.4.7.4 Saudi Arabia Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.4.8 UAE10.4.8.1 UAE Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.4.8.2 UAE Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.4.8.3 UAE Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease(US$ Mn) 10.4.8.4 UAE Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.4.9 South Africa10.4.9.1 South Africa Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.4.9.2 South Africa Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.4.9.3 South Africa Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease(US$ Mn) 10.4.9.4 South Africa Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.5 South and Central America Genetic Testing Services Market, Revenue and Forecast to 202710.5.1 Overview 10.5.2 South and Central America Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.5.3 South and Central America Genetic Testing Services Market, Revenue and Forecast to 2027, by Type (US$ Mn) 10.5.4 South and Central America Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease (US$ Mn) 10.5.5 South and Central America Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.5.6 South and Central America Genetic Testing Services Market, Revenue and Forecast to 2027, by Country (%) 10.5.7 Brazil10.5.7.1 Brazil Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.5.7.2 Brazil Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.5.7.3 Brazil Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease (US$ Mn) 10.5.7.4 Brazil Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 10.5.8 Argentina10.5.8.1 Argentina Genetic Testing Services Market, Revenue and Forecast to 2027 (US$ Mn) 10.5.8.2 Argentina Genetic Testing Services Market, Revenue and Forecast to 2027, by Type(US$ Mn) 10.5.8.3 Argentina Genetic Testing Services Market, Revenue and Forecast to 2027, by Disease(US$ Mn) 10.5.8.4 Argentina Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn) 11. Genetic Testing Services Market –Industry Landscape 11.1 Overview 11.2 Growth Strategies In The Genetic Testing Services Market, 2017-2020 11.3 Organic Developments11.3.1 Overview 11.3.2 Organic Growth Strategies In The Genetic Testing Services Market, 2017-2020 11.4 Inorganic Developments11.4.1 Overview 11.4.2 Inorganic Growth Strategies In The Genetic Testing Services Market, 2017-2020 12. Genetic Testing Services Market- Key Company Profiles 12.1 Laboratory Corporation of America Holdings12.1.1 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 LTD12.2.1 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 Incorporated12.4.1 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 Corporation12.5.1 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 Scientific12.7.1 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 Genetics12.8.1 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 AG12.9.1 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
Summary: Get latest Market Research Reports on Genetic Testing Services . Industry analysis & Market Report on Genetic Testing Services is a syndicated market report, published as Genetic Testing Services Market to 2027 - Global Analysis and Forecasts by Type (Predictive Testing, Carrier Testing, Prenatal Testing, New-born Screening and Others), Disease (Cancer, Metabolic Diseases, Cardiovascular Diseases and Others), Service Provider (Diagnostic Laboratories, Hospital-Based Laboratories and Clinics) and Geography. It is complete Research Study and Industry Analysis of Genetic Testing Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
Last updated on 13 March, 2020