PUBLISHER: TechNavio | PRODUCT CODE: 1626071
PUBLISHER: TechNavio | PRODUCT CODE: 1626071
The genetic testing market in apac is forecasted to grow by USD 2487.6 mn during 2023-2028, accelerating at a CAGR of 17.8% during the forecast period. The report on the genetic testing market in apac provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising approval of advanced genetic testing products, increasing application of genetic testing in oncology, and rising strategic partnership.
Technavio's genetic testing market in apac is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 14.7% |
CAGR | 17.8% |
Incremental Value | $2487.6 mn |
By Application
By Product
By Geographical Landscape
This study identifies the advancements in next-generation sequencing as one of the prime reasons driving the genetic testing market in apac growth during the next few years. Also, rising health awareness and preventive healthcare and integration of genetic testing with digital health platforms will lead to sizable demand in the market.
The report on the genetic testing market in apac covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading genetic testing market in apac vendors that include Abbott Laboratories, Agilent Technologies Inc., BGI Genomics Co. Ltd., Bio Rad Laboratories Inc., Danaher Corp., Exact Sciences Corp., F. Hoffmann La Roche Ltd., Genea Ltd., Illumina Inc., Invitae Corp., Mapmygenome India Ltd., Myriad Genetics Inc., Natera Inc., Oxford Gene Technology Group, Perkin Elmer Inc., QIAGEN N.V., SciGene Corp., The Cooper Companies Inc., Thermo Fisher Scientific Inc., and Yikon Genomics Co. Ltd.. Also, the genetic testing market in apac analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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