The global Rare Disease Genetic Testing Market accrued earnings worth approximately 919.7(USD Million) in 2020 and is predicted to gain revenue of about 1,957.3 (USD Million) by 2028, is set to record a CAGR of nearly 10.8% over the period from 2021 to 2028.
The global Rare Disease Genetic Testing Market accrued earnings worth approximately 919.7(USD Million) in 2020 and is predicted to gain revenue of about 1,957.3 (USD Million) by 2028, is set to record a CAGR of nearly 10.8% over the period from 2021 to 2028. The report offers assessment and analysis of the Rare Disease Genetic Testing Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Million).
Genetic testing is a major diagnostic tool that assists in identification of disease manifestation along with predicting the causes of gene disorders. Breakthroughs in gene testing are tangible and immediate with new genomic revolution. Apparently, benefits to patients having rare diseases include instant and exact diagnosis along with improvement in therapy as well as outcomes due to effective genetic testing of rare diseases. However, rare disease genetic testing activities pose huge challenges such as knowledge gap pertaining to mutation pathogenicity & penetrance, huge costs, ethical issues, and apt medical usage. Nonetheless, in spite of these obstructs, it is likely that genetic phenotypes will become diagnosable routinely over forthcoming years. Apart from intrinsic advantages provided by testing, the unraveling of myriad & unabridged new disease pathway can offer unbridled scientific insights needed for developing new treatments for rare as well as common ailments.
Breakthroughs in molecular biology domain has transformed phase of diagnosing & treating disease, thereby driving market trends. Apparently, easy availability of clinically tested methods for detecting genetic disorders through DNA & RNA screening will promulgate expansion of rare disease genetic testing industry over forecasting timeframe. Moreover, new methods such as RT-PCR screening tests and clinical genome sequencing have proved to be cost-effective in comparison to other methods. This, in turn, will proliferate expansion of rare disease genetic testing industry. Furthermore, consistent research in gene technology and massive funding of projects such as human genome project which assisted in not only sequencing of human genes but identifying defective genes causing disease will steer growth of rare disease genetic testing market over forecast timeline.
Furthermore, rise in autoimmune disorders has resulted in huge demand for genetic testing, thereby accentuating rare disease genetic testing market size. In addition to this, rise in occurrence of various kinds of cancer and surge in aging population across globe will exemplify expansion of rare disease genetic testing market over assessment period.
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Surge in awareness related to disease prevention and increase in aging population prone to disorders will drive regional market trends. In addition to this, introduction of new technologies including NGS-driven genetic testing coupled with rising need of diagnosing & treating genetic diseases in countries such as the U.S. and Canada will spur expansion of rare disease gene testing market during assessment period. Favorable government initiatives promoting research activities pertaining to rare disease genetic testing and providing impetus to new techniques such as NGS-driven genetic testing will drive regional industry trends.
Key players influencing market growth and profiled in study include Quest Diagnostics, Inc., Invitae Corporation, Arup Laboratories, Centogene N.V., Eurofins Scientific, Ambry Genetics, Baylor Genetics, Macrogen, Inc., Perkin Elmer, Inc., Color Genomics, Inc., Progenity, Inc., Health Network Laboratories, Fulgent Genetics Inc., Coopersurgical, Inc., Laboratory Corporation of America Holdings, Myriad Genetics, Inc., and Opko Health, Inc.
List of Figures
1. Market research Type
2. Market research methodology
3. Global Rare Disease Genetic Testing Market, 2018–2028(USD Million)
4. Porter’s Five Forces Analysis
5. Global Rare Disease Genetic Testing Market attractiveness, By Disease Type
6. Global Rare Disease Genetic Testing Market attractiveness, By Technology
7. Global Rare Disease Genetic Testing Market attractiveness, By Specialty
8. Global Rare Disease Genetic Testing Market attractiveness, By End-Use
9. Global Rare Disease Genetic Testing Market share by Disease Type ,2020 and 2028 (USD Million)
10. Global Rare Disease Genetic Testing Marketby Neurological Disorders, 2018–2028(USD Million)
11. Global Rare Disease Genetic Testing Marketby Hematology Diseases, 2018–2028(USD Million)
12. Global Rare Disease Genetic Testing Marketby Immunological Disorders, 2018–2028(USD Million)
13. Global Rare Disease Genetic Testing Marketby Endocrine & Metabolism Diseases, 2018–2028(USD Million)
14. Global Rare Disease Genetic Testing Market share by Technology ,2020 and 2028 (USD Million)
15. Global Rare Disease Genetic Testing Marketby Next-Generation Sequencing (NGS), 2018–2028(USD Million)
16. Global Rare Disease Genetic Testing Marketby FISH, 2018–2028(USD Million)
17. Global Rare Disease Genetic Testing Marketby PCR-Based Testing, 2018–2028(USD Million)
18. Global Rare Disease Genetic Testing Marketby Array Technology, 2018–2028(USD Million)
19. Global Rare Disease Genetic Testing Marketby Sanger Sequencing, 2018–2028(USD Million)
20. Global Rare Disease Genetic Testing Market by Karotyping, 2018–2028(USD Million)
21. Global Rare Disease Genetic Testing Market share by Specialty ,2020 and 2028 (USD Million)
22. Global Rare Disease Genetic Testing Marketby Molecular Genetic Tests, 2018–2028(USD Million)
23. Global Rare Disease Genetic Testing Marketby Biochemical Tests, 2018–2028(USD Million)
24. Global Rare Disease Genetic Testing Market by Chromosomal Genetic Tests, 2018–2028(USD Million)
25. Global Rare Disease Genetic Testing Market share by End-Use ,2020 and 2028 (USD Million)
26. Global Rare Disease Genetic Testing Marketby Research Laboratories & CROs, 2018–2028(USD Million)
27. Global Rare Disease Genetic Testing Marketby Hospitals & Clinics, 2018–2028(USD Million)
28. Global Rare Disease Genetic Testing Marketby Diagnostic Laboratories, 2018–2028(USD Million)
29. Global Rare Disease Genetic Testing Market share, by Region, 2020 and 2028
30. North America Rare Disease Genetic Testing Market, 2018–2028(USD Million)
31. Europe Rare Disease Genetic Testing Market, 2018–2028(USD Million)
32. Asia Pacific Rare Disease Genetic Testing Market, 2018–2028(USD Million)
33. Latin America Rare Disease Genetic Testing Market, 2018–2028(USD Million)
34. The Middle East and Africa Rare Disease Genetic Testing Market, 2018–2028(USD Million)
List of Tables
1. Global Rare Disease Genetic Testing Market: snapshot
2. Drivers of the Rare Disease Genetic Testing Market: impact analysis
3. North America Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
4. North America Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
5. North America Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
6. North America Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
7. The U.S. Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
8. The U.S. Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
9. The U.S. Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
10. The U.S. Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
11. Rest of North America Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
12. Rest of North America Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
13. Rest of North America Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
14. Rest of North America Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
15. Europe Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
16. Europe Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
17. Europe Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
18. Europe Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
19. UK Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
20. UK Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
21. UK Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
22. UK Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
23. France Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
24. France Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
25. France Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
26. France Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
27. Germany Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
28. Germany Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
29. Germany Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
30. Germany Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
31. Rest of Europe Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
32. Rest of Europe Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
33. Rest of Europe Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
34. Rest of Europe Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
35. Asia Pacific Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
36. Asia Pacific Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
37. Asia Pacific Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
38. Asia Pacific Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
39. China Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
40. China Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
41. China Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
42. China Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
43. Japan Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
44. Japan Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
45. Japan Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
46. Japan Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
47. India Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
48. India Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
49. India Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
50. India Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
51. Rest of Asia Pacific Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
52. Rest of Asia Pacific Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
53. Rest of Asia Pacific Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
54. Rest of Asia Pacific Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
55. Latin America Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
56. Latin America Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
57. Latin America Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
58. Latin America Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
59. Brazil Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
60. Brazil Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
61. Brazil Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
62. Brazil Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
63. Rest of Latin America Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
64. Rest of Latin America Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
65. Rest of Latin America Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
66. Rest of Latin America Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
67. The Middle East and Africa Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
68. The Middle East and Africa Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
69. The Middle East and Africa Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
70. The Middle East and Africa Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
71. Saudi Arabia Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
72. Saudi Arabia Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
73. Saudi Arabia Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
74. Saudi Arabia Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
75. South Africa Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
76. South Africa Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
77. South Africa Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
78. South Africa Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
79. Rest of the Middle East & Africa Rare Disease Genetic Testing Market revenue, By Disease Type ,2018–2028(USD Million)
80. Rest of the Middle East & Africa Rare Disease Genetic Testing Market revenue, By Technology ,2018–2028(USD Million)
81. Rest of the Middle East & Africa Rare Disease Genetic Testing Market revenue, By Specialty ,2018–2028(USD Million)
82. Rest of the Middle East & Africa Rare Disease Genetic Testing Market revenue, By End-Use ,2018–2028(USD Million)
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