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North America Genetic Testing Market size to expand at over 10% CAGR through 2026

Author : Ronak Bora | Published Date : 2020-09-15 

The research report on North America Genetic Testing Market provides a comprehensive understanding of the overall market with substantial details including its position in the global economy and its applications across myriad end-users segments.

According to the given report, the North America genetic testing industry revenue surpassed USD 7.5 billion in 2019 and is anticipated to record a remuneration of USD 15 billion by 2026, exhibiting a growth rate of more than 10% over 2020-2026. Moreover, the study also incorporates information on the current market scenario, developing technologies, widespread competitive landscape, market tactics, future prospects, and vivid market segmentations.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1330/sample

The report also summarizes various factors that are likely to drive the growth of this industry over the foreseeable period, in line with offering details of the ongoing trends that the given industry is characterized by. As per the given report, the North America genetic testing market is fragmented on the basis of Test type, Application, regions, and competitive landscape.

Predictive testing segment held substantial revenue share in 2019 and is estimated to witness around 9.5% CAGR over the analysis timeframe. Predictive testing involves detection of gene mutations associated with genetic disorders after birth or later in life. Usually, this test type of testing provides insights about hereditary disorders such as cystic fibrosis, hemochromatosis, alpha- and beta-thalassemia, sickle cell anemia and others. The early detection has helped the patient to make quick decision about medical treatment. The procedure helps to reduce genetic disease risk thus will further augment the segmental growth.

Based on the geographical landscape, the North American genetic testing industry has been diversified into various regions including US, Canada. The market study includes minute details on growth driving factors, trending growth opportunities, respective growth rates, technologies being used, favorable and unfavorable regulatory reforms, and individual market shares.

Canada genetic testing market is estimated to experience around 9.0% CAGR during the forecasting years. According to the Canadian Cancer Society, around 220,400 cases of cancer are estimated in Canada in 2019. The country is working on providing reimbursement policies and spreading awareness about genetic testing. The testing would help patients for proper treatment and increasing healthcare expenditure will prove beneficial for the Canada genetic testing industry growth.

The genetic testing market in North America is highly concentrated and boasts robust presence of myriad companies including LLC, CONMED Corporation, DePuy Synthes, Integra LifeScience Holdings Corporation, and Stryker Corporation, among others. The document incorporates details on the sales graph of reach of each of the enlisted firm, their market strategies to sustain their position in the overall market, individual company profiles and market share and size, and their stance in the worldwide industry landscape.

[TOC Chapters]

Chapter 4.         North America Genetic Testing Market Share, By Test Type

4.1.   Key trends in North America genetic testing, by test type

4.2.   Predictive testing

4.2.1.  Market estimates and forecast, by country, 2015 – 2026 (USD Million)

4.3.   Carrier testing

4.3.1.  Market estimates and forecast, by country, 2015 – 2026 (USD Million)

4.4.   Prenatal and Newborn Testing

4.4.1.  Market estimates and forecast, by country, 2015 – 2026 (USD Million)

4.5.   Diagnostic Testing

4.5.1.  Market estimates and forecast, by country, 2015 – 2026 (USD Million)

4.6.   Pharmacogenomic testing

4.6.1.  Market estimates and forecast, by country, 2015 – 2026 (USD Million)

4.7.   Nutrigenomics

4.7.1.  Market estimates and forecast, by country, 2015 – 2026 (USD Million)

4.8.   Others

4.8.1.  Market estimates and forecast, by country, 2015 – 2026 (USD Million)

Chapter 5.         North America Genetic Testing Market Size, By Application

5.1.   Key trends in North America genetic testing, by Application

5.2.   Cancer

5.2.1.  Market estimates and forecast, by country, 2015 – 2026 (USD Million)

5.3.   Genetic diseases

5.3.1.  Market estimates and forecast, by country, 2015 – 2026 (USD Million)

5.4.   Cardiovascular diseases

5.4.1.  Market estimates and forecast, by country, 2015 – 2026 (USD Million)

5.5.   Others

5.5.1.  Market estimates and forecast, by country, 2015 – 2026 (USD Million)

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1330/north-america-genetic-testing-market

 

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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