Market Highlights
Global Gene Panel Market is expected to register a CAGR of 12.16% during the forecast period, with a market value of USD 4,347.32 Million by 2025.
Gene panel is a test that analyzes multiple genes for cancer-associated mutations at the same time. Gene panels offer a middle ground between single-gene sequencing (like BRCA1), which is certainly involved in disease risk and sequencing every gene in the genome. Gene panels enable the simultaneous screening of several genes. Panels are typically customized for specific screening purposes; thus, the genes and specific gene regions on such panels are unique to the screening goals. The increasing prevalence of cancer and the benefits of gene panels are expected to drive the growth of the global gene panel market. However, limitations in gene panel testing and inaccuracy of the test are expected to hamper the growth of the market.
Get Sample Report at https://www.marketresearchfuture.com/sample_request/6100
Key Players
MRFR recognizes the following companies as the Key Players in the Global Gene Panel Market— Agilent Technologies Inc. (US), Thermo Fisher Scientific (US), F. Hoffmann-La Roche Ltd (Switzerland), Qiagen (Germany), Illumina Inc. (US), BGI Genomics (China), Integrated DNA Technologies, Inc. (the US), GENEWIZ (US), Novogene Corporation (US), Personalis, Inc. (the US), GATC Biotech AG (Germany), ArcherDX, Inc. (the US), GeneDx (Switzerland), and CENTOGENE AG (Germany).
Segment Analysis
The Global Gene Panel Market Outlook has been segmented by product & service, Technique, Design, Application, and End User.
The market, based on product & service, has been bifurcated into test kits and testing services. Based on the technique, the global gene panel market has been bifurcated into the amplicon-based approach and hybridization-based approach. On the basis of design, the global gene panel market has been bifurcated into predesigned gene panels and customized gene panels. Based on the application, the global gene panel market has been classified as cancer risk assessment, diagnosis of congenital disorders and pharmacogenetics. The global gene panel market based on end-user has been divided into hospitals, diagnostic laboratories, and others.
Regional Analysis
The global gene panel market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas are likely to hold the largest share of the global gene panel market during the assessment period. The rising prevalence of cancer and the presence of well-established players are expected to support the dominance of the Americas during the forecast period. Europe established substantial growth in the market owing to the incidence rates for all cancers projected to rise by 2% in the UK between 2014 and 2035, to 742 cases per 100,000 people by 2035. This rising case of cancer, along with improving the efficiency of gene panels, is expected to drive the growth of the market. Asia-Pacific is estimated to be the fastest-growing regional market due to the growing healthcare expenditure and the presence of a large patient pool. The gene panel market in the Middle East & Africa is expected to witness gradual growth due to the increasing healthcare expenditure, rising investments by major market players, and growing patient pool in this region. For instance, according to the International Trade Administration, health expenditure in the UAE was USD 17 billion in 2017 and is expected to reach USD 21.3 billion by 2021.
Access Report Details @ https://www.marketresearchfuture.com/reports/gene-panel-market-6100
About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York,
New York 10013,
United States of America
Reviews
Comments
Most Recent Articles
- Jan 30, 2024 Quordle game by Tuan
- Jan 21, 2024 Navigating the Opening Act: Strategies for Betting on the First Half in NBA by sports betting site
- Nov 23, 2023 Commercial Swing Set Manufacturers in the USA by Andy
- Sep 26, 2023 Martinizing Cleaners of Fairport, NY "Costars" as The Site of NFL Commercial Featuring Damar Hamlin by Dinesh Kumar
- Sep 19, 2023 Second Annual Green Goddess Invitational Golf Tournament Raises $16k for Veterans Aid Group by Dinesh Kumar
Most Viewed Articles
- 2851 hits Guide to choosing a Spa by Jaroinn Ms
- 2462 hits Generic Viagra Proving To Be an Effective Solution to Cure Erectile Dysfunction by Guest
- 1671 hits The relationship between erectile dysfunction severity, mean platelet volume and vitamin D levels by John Moses
- 1572 hits Get High Potential Stamina On Bed help of Viagra by Guest
- 1559 hits Careprost Eye Drops For Eyelashes by stella harlow
Popular Articles
In today’s competitive world, one must be knowledgeable about the latest online business that works effectively through seo services....
76866 Views
Are you caught in between seo companies introduced by a friend, researched by you, or advertised by a particular site? If that is the...
31908 Views
Walmart is being sued by a customer alleging racial discrimination. The customer who has filed a lawsuit against the retailer claims that it...
12037 Views
If you have an idea for a new product, you can start by performing a patent search. This will help you decide whether your idea could become the...
10200 Views
Statistics
Members | |
---|---|
Members: | 13874 |
Publishing | |
---|---|
Articles: | 58,269 |
Categories: | 202 |
Online | |
---|---|
Active Users: | 822 |
Members: | 10 |
Guests: | 812 |
Bots: | 6207 |
Visits last 24h (live): | 2640 |
Visits last 24h (bots): | 16231 |