Europe Genetic Testing Market- Industry Trends and Forecast to 2033
Europe genetic testing market is expected to reach USD 17,537,937.49 thousand by 2031 from USD 5,533,644.49 thousand in 2023 with growing at a CAGR of 15.8% during the forecast period of 2024 to 2031.
Market SegmentationEurope Genetic Testing Market, By Type (Carrier Testing, Diagnostic Testing, New Born Screening, Predictive and Presymptomatic Testing, and Other Types), Technology (DNA sequencing, Polymerase Chain Reaction, Microarrays, Whole Genome Sequencing, Fluorescence In Situ Hybridization (FISH), and Others), Diseases (Rare Genetic Disorder, Cancer, Cystic Fibrosis, Sickle Cell Anemia, Duchenne Muscular Dystrophy, Thalassemia, Huntington’s Disease, Fragile X Syndrome, and Other Diseases), End User (Hospitals, Clinics, Diagnostic Centers, Private Clinics, Laboratory Service Providers, and Private Laboratories), By Country (Germany, France, U.K. Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, and Rest of Europe) - Industry Trends and Forecast to 2031
Overview of Global Genetic Testing Market Dynamics
Driver• Growing prevalence of genetic disorders
Restrain• High cost of genetic testing
Opportunity• Strategic initiatives by the key market player
Market PlayersSome of the key market players for Europe genetic testing market are: • Thermo Fisher Scientific Inc.
• Invitae Corporation
• Bio-Rad Laboratories, Inc.
• PerkinElmer Inc.
• Illumina, Inc.
• QIAGEN
• F. Hoffmann-La Roche Ltd.
• Fulgent Genetics
• Myriad Genetics, Inc.
• Abbott
• Eurofins Scientific
• Sorenson Genomics
• BIO-HELIX
• Biocartis
• Cepheid (A subsidiary of Danaher)
• PacBio
• ELITechGroup
• Genes2Me
• Eugene Labs
• Otogenetics
• Mapmygenome
• MedGenome
• BioReference
• Natera, Inc.
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