TMR’s report on the global genetic testing services market studies past as well as current growth trends and opportunities to gain valuable insights of these indicators of the market during the forecast period from 2019 to 2027. The report provides revenue of the global genetic testing services market for the period 2017–2027, considering 2018 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global genetic testing services market during the forecast period.
The report has been prepared after an extensive primary and secondary research. Primary research involved bulk of research efforts, wherein analysts carried out interviews with industry leaders and opinion makers. Extensive secondary research involved referring to key players’ Test Type literature, annual reports, press releases, and relevant documents to understand the global genetic testing services market.
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Global Genetic Testing Services Market Witness Most Promising Rise in Demand:
According to Transparency Market Research’s latest report on the global genetic testing services market for the historical period 2017-2018 and forecast period 2019-2027, high incidence & prevalence of chronic diseases such as autoimmune, oncology, infectious and others are propelling the growth of global genetic testing services market. Moreover, increased diagnosis rate of the rare diseases and its growing incidence is estimated to boost the market of the genetic testing services market.
According to the report, the global genetic testing services market was valued at US$ 41.2 Bn in 2018 and is anticipated to expand at a CAGR of 7.3% from 2019 to 2027
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The report includes an elaborate executive summary, along with a snapshot of the growth behaviorof various segments included in the scope of the study. Furthermore, the report sheds light on the changing competitive dynamics in the global genetic testing services market. These indices serve as valuable tools for existing market players as well as for entities interested in entering the global genetic testing services market.
Key Players of Global Genetic Testing Services Market:
Leading players operating in the global genetic testing services market are Laboratory Corporation of America Holdings, Quest Diagnostics Incorporated, Genomic Health, Inc., NeoGenomics Laboratories, Inc., Eurofins Scientific, Ambry Genetics, Illumina, Inc, and other prominent players.
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