Hereditary Genetic Testing Market

Hereditary genetic testing has grown significantly since the technology was first commercialized, but it is important to quantify that growth and describe future trends. The unmet clinical needs for better tools to predict, diagnose, treat, and monitor disease are acting as significant factors driving the growth of the sequencing industry. Whole-genome and exome sequencing remain relatively costly requiring initial equipment investment, specialized workforce requirements, and time-intensive variant interpretation.

Hereditary Genetic Testing Market contains market size and forecasts of Hereditary Genetic Testing in Global, including the following market information:

Global Hereditary Genetic Testing Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Hereditary Genetic Testing market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Oncology Genetic Testing Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Hereditary Genetic Testing include Agilent Technologies, Inc, Ambry Genetics, Beijing Genomics Institute (BGI), CENTOGENE AG, Eurofins Scientific SE, F. Hoffmann-La Roche Ltd, Inc, Illumina, Inc, Laboratory Corporation of America Holdings and Myriad Genetics, Inc, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Hereditary Genetic Testing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Hereditary Genetic Testing Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Hereditary Genetic Testing Market Segment Percentages, by Type, 2021 (%)

Oncology Genetic Testing

Cardiology Genetic Testing

Neurology Genetic Testing

Global Hereditary Genetic Testing Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Hereditary Genetic Testing Market Segment Percentages, by Application, 2021 (%)

Academic and Research

Clinical Diagnostics

Drug Discovery

Monitoring and Screening

Global Hereditary Genetic Testing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Hereditary Genetic Testing Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Hereditary Genetic Testing revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Hereditary Genetic Testing revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Agilent Technologies, Inc

Ambry Genetics

Beijing Genomics Institute (BGI)

CENTOGENE AG

Eurofins Scientific SE

F. Hoffmann-La Roche Ltd, Inc

Illumina, Inc

Laboratory Corporation of America Holdings

Myriad Genetics, Inc

PerkinElmer, Inc

Quest Diagnostics Incorporated

Thermo Fisher Scientific Inc