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health-views-updates · 4 months ago

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Predictive Genetic Testing & Consumer/Wellness Genomics Market Projections: What to Expect in 2024 and Beyond

Predictive Genetic Testing & Consumer/Wellness Genomics Market Outlook, Scope & Overview:

Industry reports indicate that the global predictive genetic testing & consumer/wellness genomics market was valued at USD 2.2 billion in 2023 and is projected to reach USD 5.10 billion by 2031, growing at a CAGR of 11.1% over the forecast period 2024-2031.

Technological Advancements to Drive Growth of Global Predictive Genetic Testing & Consumer/Wellness Genomics Market

The adoption of predictive genetic testing and consumer/wellness genomics will continue to influence global market revenues. Consumers and healthcare providers are increasingly utilizing these genomic solutions to identify genetic predispositions, personalize healthcare strategies, and enhance overall wellness.

As a product segment, direct-to-consumer (DTC) genetic tests currently hold a significant share of the global predictive genetic testing & consumer/wellness genomics market. This segment is anticipated to grow at a year-over-year rate of 11.1% in 2024 over 2023 and reach USD 5.10 billion in revenues by 2031. The increasing consumer awareness and demand for personalized health and wellness solutions are expected to drive market growth.

Predictive Genetic Testing & Consumer/Wellness Genomics Solutions – Market Dynamics

Drivers:

Predictive genetic testing and consumer/wellness genomics solutions are witnessing significant growth in the global market due to their ability to provide insights into genetic predispositions, inform lifestyle choices, and enable early disease detection. The growing adoption of personalized medicine, the increasing availability of genetic testing services, and advancements in genomic technologies are key factors driving the adoption of these solutions worldwide. Additionally, the rising focus on preventive healthcare and wellness is further propelling market growth.

Restraints:

Despite the growth potential, challenges such as data privacy concerns, ethical issues related to genetic testing, and the high cost of genomic sequencing are hindering the widespread adoption of predictive genetic testing and consumer/wellness genomics solutions. Moreover, the complexity of interpreting genetic data and the need for genetic counseling pose additional challenges to market expansion.

Predictive Genetic Testing & Consumer/Wellness Genomics Solutions – Market Outlook

The proven benefits of predictive genetic testing and consumer/wellness genomics in personalized healthcare, disease prevention, and health optimization have contributed to the market's growth. These solutions are expected to witness increased adoption across major healthcare markets, including North America, Europe, and Asia Pacific, driven by advancements in genomic research and the growing consumer demand for genetic insights.

Global Predictive Genetic Testing & Consumer/Wellness Genomics Market

The rise in demand for predictive genetic testing and consumer/wellness genomics solutions in developed and emerging markets is expected to drive market growth over the forecast period. North America currently holds a significant market share in the global market, with the US being a key contributor to market revenues. Europe and Asia Pacific regions are also experiencing rapid adoption of genomic solutions, supported by favorable regulatory frameworks and increasing investments in genetic research and personalized healthcare.

Key Players in the Predictive Genetic Testing & Consumer/Wellness Genomics Market

Leading companies in the predictive genetic testing & consumer/wellness genomics market include 23andMe, AncestryDNA, MyHeritage, and Helix. These companies are at the forefront of providing advanced genetic testing services for various applications, including ancestry, health risk assessment, and wellness optimization.

In conclusion, the global predictive genetic testing & consumer/wellness genomics market is poised for substantial growth over the forecast period, driven by technological advancements, increasing consumer awareness, and the expanding adoption of personalized healthcare and wellness solutions across diverse settings.

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healthcaremarketanalysis · 3 months ago

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The Impact of Animal Genetics: Advancing Animal Breeding and Health

In recent years, the field of animal genetics has gained significant attention due to its profound impact on animal breeding, health, and overall livestock productivity. The study of animal genetics involves understanding the genetic makeup of animals and how specific genes influence traits such as growth, reproduction, disease resistance, and behavior. As our understanding of genetics deepens, the impact factor of animal genetics continues to grow, reshaping the future of animal husbandry and veterinary sciences.

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Enhancing Animal Breeding Programs

One of the most notable impacts of animal genetics is its role in improving breeding programs. By identifying and selecting animals with desirable genetic traits, breeders can produce offspring that are healthier, more productive, and better suited to specific environmental conditions. This selective breeding not only increases the efficiency of livestock production but also contributes to the sustainability of the agricultural industry by reducing the need for resources such as feed and water.

For instance, advancements in genetic technologies have enabled the identification of genetic markers associated with traits like meat quality, milk production, and disease resistance. This allows for the development of breeding strategies that prioritize these traits, resulting in livestock that meet the demands of modern markets and consumer preferences.

Advancing Animal Health

Animal genetics also plays a critical role in enhancing animal health and welfare. By understanding the genetic basis of diseases, researchers can develop targeted treatments and preventive measures that reduce the incidence of genetic disorders. This has a direct impact on the well-being of animals, leading to healthier livestock populations and minimizing the economic losses associated with disease outbreaks.

Moreover, genetic testing has become a valuable tool in diagnosing hereditary conditions and identifying carriers of harmful genes. This information enables breeders to make informed decisions about mating pairs, reducing the risk of passing on genetic disorders to future generations. As a result, the overall genetic health of livestock populations improves, contributing to the longevity and productivity of animals.

The Role of Genomics in Animal Genetics

The advent of genomics has revolutionized the field of animal genetics. Genomic technologies, such as next-generation sequencing, have made it possible to analyze the entire genetic makeup of an animal, providing unprecedented insights into its genetic potential. This level of detail allows for more accurate predictions of an animal's performance, enabling breeders to make precise decisions that optimize breeding outcomes.

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Furthermore, genomics has opened the door to new possibilities in animal genetics research. Scientists are now exploring the potential of gene editing techniques, such as CRISPR-Cas9, to introduce beneficial genetic modifications that enhance desirable traits. While this area of research is still in its early stages, it holds great promise for the future of animal breeding and health.

Impact on the Agricultural Industry

The impact of animal genetics extends beyond individual animals and breeding programs—it influences the entire agricultural industry. By improving the efficiency and sustainability of livestock production, animal genetics contributes to food security and the economic stability of farming communities. Additionally, the advancements in genetics are helping to address global challenges such as climate change, as breeders develop animals that are more resilient to environmental stressors.

In conclusion, the impact factor of animal genetics is undeniable. As the field continues to evolve, it will play an increasingly important role in shaping the future of animal breeding, health, and agriculture. The ongoing research and technological advancements in this field promise to unlock new possibilities, ensuring that the benefits of animal genetics are realized on a global scale.

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globalgrowthinsights · 4 months ago

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Laminate Wood Flooring Market Size, Share, Growth, Trends [2032]

Laminate Wood Flooring Market provides in-depth analysis of the market state of Laminate Wood Flooring manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Laminate Wood Flooring in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Laminate Wood Flooring Market Report:

The report offers a comprehensive and broad perspective on the global Laminate Wood Flooring Market.

The market statistics represented in different Laminate Wood Flooring segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Laminate Wood Flooring are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Laminate Wood Flooring.

Major stakeholders, key companies Laminate Wood Flooring, investment feasibility and new market entrants study is offered.

Development scope of Laminate Wood Flooring in each market segment is covered in this report. The macro and micro-economic factors affecting the Laminate Wood Flooring Market

Advancement is elaborated in this report. The upstream and downstream components of Laminate Wood Flooring and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/laminate-wood-flooring-market-100005

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trendingfact · 5 years ago

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Predictive Genetic Testing & Consumer/Wellness Genomics Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025 Global Predictive Genetic Testing & Consumer/Wellness Genomics Market: Snapshot The use of genetic test, as pre-symptomatic testing of diseases, has gained popularity in predicting future risks by providing information on an individual’s chromosomes and genetic mutations.

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researchvishal · 2 years ago

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Electrophoresis Market | Growth Opportunities, Business Insights And Forecast To 2032

Global demand for electrophoresis market share is set to increase at a 4.7% CAGR from 2022 to 2032, with an estimated market value of around US$ 2.2 Bn as of 2022. As per Future Market Insights’ projections, reagents and consumables held about 48.7% of the global market share in 2021.

Electrophoresis has developed into one of the most universal analytical practices in the life sciences sector. Cutting-edge technology and automation in this process offers unparalleled reproducibility and ease of use and decreased hands-on time.

Furthermore, convenience of automated systems over manual systems and obtainability of prompt results are anticipated to fuel the electrophoresis market. The growing prevalence of cancer and expansion in research and development will drive demand, providing a vast potential for electrophoresis players to address chronic illness. Healthcare establishments are promptly adopting devices such as electrophoresis equipment to carry out biological research and drug discovery.

Agarose gel electrophoresis is an essential technique in all investigations concerning nucleic acids. The RFLP (restriction fragment length polymorphism) analysis of chromosomal DNA has been a valuable method in localization of genes for determination of diseases, genome mapping, genetic disorders, and paternity test.

These methods also form the base of DNA fingerprinting, where electrophoresis isolates fragments of DNA. This procedure allows to compare human blood samples obtained from a crime scene to blood samples from a suspect.

2016-2021 Electrophoresis Market Historic Outlook Vs 2022-2032 Forecast

The market value for electrophoresis held nearly 32.9% of the overall US$ 6.4 Bn genomics and proteomics market in 2021.

Growth in the global electrophoresis market is propelled by the genomics market, as gel electrophoresis has wide-ranging applications in genomics research. Gel electrophoresis has applications in the field of genomics to produce artificial chromosome libraries, chromosomal assignments of genes and genetic mapping.

Growing practices in drug development and DNA and protein mapping have a subsequent impact upon the growth in the electrophoresis market. Moreover, rising academic research has also aided in the advancement of electrophoresis utilization, thereby boosting sales in the market.

Growing incidence of chronic diseases such as genetic disorders, infectious diseases, and cancer across the globe is underpinning demand for electrophoresis equipment. With the mounting cases of chronic diseases, rapid diagnosis and treatment are essential. This has led to electrophoresis being utilized within clinical laboratory setup to measure the lipoproteins by using enzymatic staining of triglycerides and cholesterol to detect cardiovascular diseases and other chronic illness, such as diabetes.

A paradigm shift from genomics to proteomics market has led to technological advancements, thus helping drug discovery researchers by providing added sensitivity, higher throughput and increased resolution from conventional protein research tools.

Government funding and technological developments are projected to boost market expansion. A rise in genetic testing volumes, on the other hand, is predicted to counteract a drop in average selling prices of instruments and services. The growing use of genomics research and testing, together with the falling cost of instruments and consumables, will create opportunities for growth in the market.

Technological advancements in electrophoresis equipment such as the availability of automated systems over manual systems and availability of rapid results are expected to fuel the electrophoresis market. The market is expected to offer an absolute $ opportunity of US$ 88.3 Mn over the forecast period.

What are the Key Opportunities for Electrophoresis Manufacturers?

Rising efforts towards personalization of medication, as well as tailored targeted therapies owing to the wide presence of chronic diseases and large patient population have resulted in the growth of the electrophoresis market. Drug discovery drives the global electrophoresis market significantly as the analysis of a new drug entity plays a crucial role in its initial stage to pass through various qualifying tests.

Demand for innovative drugs and therapies has forced companies to increase investments in drug discovery. This is expected to boost the growth in the electrophoresis equipment and accessories market. Analytical instruments used in research and development are expected to deliver accurate and efficient results. Capillary electrophoresis equipment is used in this application. Thus, increasing demand for drug discovery would also boost the electrophoresis market.

Emerging economies such as India, China, Brazil and Mexico are investing in healthcare infrastructure and research capacities for drug and therapy discovery. Most companies based in North America and Europe outsource drug research operations and clinical trials to countries such as India and China. Availability of skilled and qualified labour across these countries has expanded the opportunity for attracting outsourcing of biotech projects.

Moreover, governments across these economies have started taking steps to accelerate the overall growth of domestic biotech industry by offering exemptions in tax for research and development, increasing overall funding and budgets and attracting foreign direct investments.

What is Driving the U.S. Electrophoresis Market?

“Increasing Preference for Horizontal Electrophoresis in the U.S. Will Drive Growth”

The U.S. dominated the North America market with a total market share of about 92.8% in 2021, and is projected to continue experiencing high growth throughout the forecast period. The U.S. is one of the most lucrative markets for electrophoresis owing to the amalgamation of a strong healthcare infrastructure along with technologically advanced procedures, rising patient population with chronic disorders, and relatively high healthcare expenditure.

Why is the Germany Electrophoresis Market Considered Lucrative Market?

“High Expenditure on Drug Research Will Boost Sales of Electrophoresis Equipment”

Germany is set to exhibit a CAGR of nearly 5.2% in the Europe electrophoresis market during the forecast period. Rising research and development activities to create a viable base for novel and therapeutic drugs within the country as well as presence of a well-established healthcare infrastructure are some factors supporting the development of electrophoresis in Germany.

What Makes China an Emerging Market for Electrophoresis?

“Growing Trend of Medical Tourism in China Will Fuel Sales of Electrophoresis”

China held about 43.4% of the East Asia market share in 2021, and is projected to expand at a CAGR of 5.2% during the forecast period. Growth can be attributed to growing disposition of automated technologies into an integrated platform for drug discovery and development, growing healthcare costs and rapidly improving medical setup in China.

Category-wise Insights

Which Product in the Electrophoresis Market is Driving Growth?

“Demand for Reagents and Consumables to Remain High”

Based on product type, sales of reagents and consumables are expected to grow at a CAGR of 4.6% over the forecast period. Wide utilization of reagents and consumables in electrophoresis and associated techniques such as PCR will continue pushing sales in this segment.

Which End User Benefits the Most by the Employment of Electrophoresis?

“Sales Across Pharma and Biotech Companies Will Continue Gaining Traction”

In terms of end users, the pharma & biotech companies segment accounted for more than 26.7% of the total market share in 2021. With rising breakthroughs in therapeutic approach to drug development, the pharma and biotech companies will continue dominating the market over the forecast period.

Competitive Landscape

Key players operating in the global electrophoresis market are investing in collaborations with the academic and research institutes for growth and innovation in electrophoresis. They are also focusing on developing different automated electrophoresis systems which have integrated software for efficient use of this technique. With the increase in research and development in this field, various applications such as food safety and quality control have come into picture. For instance:

In September 2019, Bio-Rad Laboratories, Inc. announced the launch of the Science of Opioid Dependence Kit, which offers high school and undergraduate educators a simple hands-on DNA electrophoresis activity to teach complex genetics owing to the opioid crisis.

In September 2021, SCIEX announced its state-of-the-art capillary electrophoresis solution, the “BioPhase 8800 system”. The system is an advanced, novel multi-capillary system with the ability to process 8 samples at the same time, ensuring sample consistency and providing reliable and precise results.

Key Market Segments Covered in Electrophoresis Industry Research

By Product:

Instruments

Horizontal Systems

Vertical Systems

Capillary Electrophoresis Systems

Automatic Electrophoresis Systems

Reagents and Consumables

Gel

Polyacrylamide Gel Electrophoresis

Agarose Gel Electrophoresis

Others

Buffers & Others

Software

By End User:

Hospitals

Diagnostic Laboratories

Pharma & Biotech Companies

CROs and CMOs

Academic & Research Institutes

Forensic Laboratories

By Region:

North America

Latin America

Europe

South Asia

East Asia

Oceania

Middle East and Africa (MEA)

For more Information @ https://www.futuremarketinsights.com/reports/electrophoresis-market

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marketreports-world · 3 years ago

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Human Identification Analysis Software Market - Global Forecast Till 2027

Human identification or HI is one of the fastest developing markets in the world, associated with several segments including biotech, biometrics, and many more. Primarily, it is a highly preferred approach in the forensics field; however, its applications are deemed to be broader in security, genealogy, anthropology, and others.

The human identification analysis software technology helps detect specificity from multiple genetic materials. The global market is rife with a number of major firms that can provide certain DNA platforms with extensive use in several applications. This field is extremely significant, when it comes to aligning data sets with a specific human being as per different requirements. Every year, new technologies and techniques with respect to DNA profiling emerge, which makes the overall procedure faster and more accurate. Some of the key technologies related to human identification includes rapid DNA analysis. Some other equally significant technologies include microarray, polymerase chain reaction, next-generation sequencing, purification and extraction, capillary electrophoresis, automated liquid handling, to name a few.

Rapid DNA Analysis

DNA testing as well as fingerprinting for identification has been a gamechanger for the law enforcement. While these were deemed controversial in the beginning when they were initially deployed, the human identification analysis technologies have successfully proved their importance to crime investigators as well as the society since several criminals were convicted while innocent individuals were exonerated. Rapid DNA is expected to be the future frontier of human ID technology.

Technically, rapid DNA analysis software is an automated process that helps obtain an accurate DNA profile with no requirement for human analysis. Law enforcement takes a cheek swab of the person arrested and then insert it into the Rapid DNA machine, which can be as small as a printer. This technology provides an accurate DNA profile in just 90 minutes, which can then be compared to the other samples present in the agency’s Combined DNA Index System as well as those from the unsolved cases.

Benefits of Rapid DNA Analysis

The biggest benefit of rapid DNA analysis by far is speed. Traditional DNA testing use to take a much longer time, somewhere between weeks and months, to achieve accurate analysis. However, rapid DNA analysis produces an accurate DNA profile in just two hours while the suspects remain in police custody, which helps lower the flight risk.

Another appealing benefit is the lower chances of contamination of the DNA sample. Traditional DNA testing involves identification, collection, and transportation of the sample to the DNA lab facility, following which it is handled by the lab technicians. All this increases the risk of contamination.

Rapid DNA analysis ensures very few people handling the key sample and involvement of fewer processing steps, which means much lower chances of contamination. The only requirement is inserting the sample into the Rapid DNA machine, and the entire procedure is done.

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Next-Generation Sequencing

Next-generation sequencing or the NGS technology, in view of its low cost as well as high-throughput capacity has continued to evolve significantly over the years and currently, is a highly sought-after analytical tool used by genomics researchers. Lucrative opportunities pertaining to the research area of forensic studies are emerging, supported by the potential of the NGS technology, as it helps simultaneously analyze several sections of forensic interest in multiple genetic contexts, including mitochondria, sex chromosomes, and autosomes. The NGS technology addresses the challenges faced when using conventional technologies like SNP or STR markers analysis.

Capillary Electrophoresis

Capillary electrophoresis is presumably the fastest growing human identification analytical technique and has proved to be quite useful for forensic toxicologists. Capillary electrophoresis is a powerful analytical tool that helps investigate seized illicit drugs as well as complex biological matrices, one of which is hair. The technology is used as per various separation mechanisms; out of which the most toxicologically useful include capillary zone electrophoresis along with micellar electrokinetic capillary chromatography. For analysis of the hair to identify drug abuse, capillary electrophoresis is deemed to be an effective technology as it offers simultaneous measures of different drugs without any derivatization and with normal sensitivity.

Hair’s toxicological analysis has become a popular technique to investigate illicit drugs’ chronic use. A number of analytical methods that use chromatography, mass spectrometry, and immunometry, help determine illicit drugs like morphine and cocaine in the hair of the abusers.

Major Applications of Human Identification Analysis Software

Forensic

In the forensic field, human identification analysis software has established itself as an important tool for identifying the perpetrators, accurately and speedily. Identifying the person accurately remains one of the most important tasks in the forensic field. In events like accidents and mass disasters, the human body is generally damaged, with only some of the body parts available to act as evidence for identifying that person. In this case, human identification analysis software plays a crucial role.

Genetic Testing

Genetic testing involves the collection of blood samples of the patient, which are then placed into the laboratory machines with the use of test kits. A variety of test types are used for identifying genetic disorders. For instance, pharmacogenomic testing, carrier testing, predictive & presymptomatic testing, diagnostic testing, prenatal & newborn testing, and others are the most common genetic tests. These tests help diagnose a number of medical conditions including genetic diseases, cardiovascular disorder, and cancer.

Genetic testing supported by human identification analysis software finds widespread use in pharmacogenomics, also known as drug-gene testing. On top of that, frequent innovations could boost the application range of HIAS in genetic testing over the following years.

Anthropology

Human identification analysis software in anthropology is used for identifying deceased persons whose remains are burned, mutilated, decomposed, or plain unrecognizable, as in the case of a plane crash. The software also helps investigate and document mass graves and genocide. Forensic anthropologists use a number of physical markers on the skeleton to determine the person's sex, age, race, and stature. This helps identify the living person for legal purposes like illegal immigrants. These functions are extremely crucial in legal cases, as the court needs to judge on the person’s age, as in if they are minor or adult.

Other than identification of the physical attributes of the person, HIAS in anthropology make use of skeletal abnormalities to understand the cause of death, past trauma like medical procedures or broken bones and diseases like bone cancer.

The Status Quo of the Human Identification Market and its Growth Boosters

Surge in Promotional & Marketing Activities to Help Manufacturers Foster their Presence

The human identification method involves detecting indentations present on an individual’s fingers. Every individual’s finger has different sequences of ridges. Samples are taken from teeth, hair, skin, semen, DNA, and more and are used in forensic laboratories, government institute, research centers, and other. As a result, top manufacturers employ different promotional and marketing strategies to bolster brand recognition and elevate their market rankings.

Companies also spend considerable amounts on the development of innovative advertising strategies that catch the eye of more consumers. This is especially the case in emerging markets like China, Brazil, India, Saudi Arabia, Mexico, and Argentina, where global players are looking for growth opportunities. Governments in these countries are lending financial support for developing human identification products as well as forensic research. All these factors can mean better growth scope for established companies in these regions.

Heightened Demand for Advanced Systems and Products

Considering the accelerated advances in the healthcare infrastructure worldwide, the availability of more innovative technologies and products has mounted rapidly in the market. Human identification analysis software is able to easily study the DNA samples and also identify different objects at multiple sites. Moreover, rising integration of modern technologies, HAIS is now able to detect samples from semen, skin and hair easily and more rapidly.

Regional Markets

The highest revenue generating market for human identification analysis software is North America, given the thriving forensic science field. The rapid surge in forensic science-based research & development activities combined with the increasing spending are some of the top growth boosters in the North American market. For instance, in 2016, the National Institute of Justice spent close to USD 127 million on research and development for advancements in forensic sciences. Also, the soaring number of biotechnology companies expending huge amounts on forensic science should also be favorable in the years to come.

European is identified as the second most profitable market for human identification analysis software, in view of technological advances in human identification solutions and the high knowledge levels with regard to forensic technology.

The Asia Pacific market is making the fastest progress, thanks to the fast-paced development of the healthcare infrastructure, rise in healthcare spending, and faster uptake of modern technologies in forensic science. Forensic technologies are witnessing rapid uptake in the region, parallel to the alarming surge in the number of criminal activities across Japan, India, and China.

Bottomline

To sum it up, human identification analysis software will experience much higher demand in the coming years, in line with expanding applications in forensics, disaster victim identification, anthropology and paternity testing, to mention a few. DNA analysis will remain a major tool responsible for its popularity worldwide. Additionally, government initiatives, players focusing on elevating their positions and constant technical innovations will ensure rapid growth of the human identification analysis software industry as well. In the following years, developing markets should present attractive opportunities to global players.

Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/human-identification-analysis-software-market-3279

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paper1125 · 4 years ago

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The DNA Test That Tells You What Not to Eat

Hong Konger David Leung is spurning white rice and eating fish thrice a week under a diet plan inspired by his DNA. A genetic test in November that came free with an insurance policy revealed risk factors associated with type-2 diabetes and heart disease -- ailmentsthe 54-year-old engineer learned he might be able to avoid by consuming less simple carbohydrates and more fish high in omega-3 fatty acids. While doctors have long dispensed such nutritional advice to patients with a family history of these diseases, the emergence of affordable genomic studies is giving consumers new insights into how to livehealthier lives.

Its a burgeoning market that Credence Research Inc. predicts will generate $340 million by 2022 from $70.2 million in 2015.

Prenetics Inc. , the Hong Kong-based biotechnology company that analyzed Leungs genes, sold more than 100,000 DNA testing kits last year -- five times more than in 2016 -- and aims to double sales volumes this year as it starts marketing directly to consumers as well as through insurers. Weve seen a lot of demand from individual consumers who want our test, Chief Executive Officer Danny Yeung said in an interview.

We want to democratize genetic testing. More than a decade afterMountain View, California-based 23andMe Inc. began offering genetic testing and interpretation to individual consumers, the market is fast becoming mainstream, thanks to falling prices, better marketing and distribution, and positive regulatory changes, Euromonitor International said in a report this month.

Genetic testing ranks among the research firms top-10 global consumer trends for 2018. Companies such as FitnessGenes Ltd. , DNAFit , Orig3n Inc.

, and Nutrigenomix Inc. are offering analysis for genetic variations that affect such characteristics as muscle mass, endurance, fat-burning ability and metabolism. In Southeast Asia,Singapore-based Imagene Labs Pte Ltd.

offers personalized DNA-based recommendations on skin care, nutritional supplements and fitness in packages that start at S$350 ($266). Thecompany aims to raise $15 million in a round of venture-capital financing in the first half of this year, and expects at least a 20-fold increase in sales through new partnerships with spa and fitness chains in 2018, Managing Director Wong Mun Yew said. It cost as much as $1 billion to generate the first human genome sequence in 2003.

Since then, technological advances have slashed the time and cost of deciphering the bodys genetic code. Comparatively less progress has been made in interpreting the data and predicting an individuals risks for particular diseases, said Nina McCarthy, a research fellow at theUniversity of Western Australias Centre for Genetic Origins of Health and Disease in Perth. As we get better at building genetic risk profiles for various different diseases, the tests will become more meaningful, McCarthy said, adding she wouldnt recommend her friends or family participate yet, unless they are concerned about a particular risk factor and intend to interpret the results carefully.

At the moment, I think a lot of the clinical information is not very good, and the potential to scare people is quite high. Also, she says, genetic tests for common disorders, such as cardiovascular disease, will never be completely predictive because such conditions arent determined by genetics alone. For Leung, the Hong Kong engineer, a DNA analysis was performed on cells taken from the inside lining of his cheeks and scanned for specific genetic markers known to increase the probability of certain diseases, the risks for which can be potentially modified by nutrition.

The genetic analysis and diet recommendations were detailed in a 44-page report thats supported by an app enabling him to interact with a health coach. Leungs insurer Prudential Plc offered him the test with Prenetics, which plans to start a consumer-facing service later this year. Preneticss CEO Yeung said he expects that business to contribute a third of the 200,000 units he aims to sell in 2018.

Ping An Insurance , which along withonline-retailing giant Alibaba Group is among Prenetics financial backers, is the obvious choice to partner with the company in a planned foray into China this year, he said, adding that Prenetics is also talking to other insurers. While growth in the consumer genetic market is global, competition in the largely unregulated Chinese market is particularly intense, according to last months Euromonitor report. As costs of DNA testing fall further, more companies will enter the market to tap growing demand from a more health-conscious and knowledgeable population, said Loke Wai Chiong, Deloittes Singapore-based Southeast Asia health-care sector leader.

Consumers today, he said, are typically motivated less by a fear of a potential familial cancer risk and more by an interest in knowing the best fitness regime or diet for them. In the past, genetic studies were arranged in a clinical setting in which a doctor would decide if a DNA test was warranted. The opportunity for consumers to bypass doctors removes a set of checks and balances, said Jacqueline Savard, a postdoctoral research fellow in health ethics at the University of Sydney.

For example, consumers may not receive appropriate assistance in selecting tests or in conveying potentially important information to family members. Also,without an agreement about how the data is used, consumers privacy and confidentiality may be breached. It is important to recognize that while the allure of genetics and the weight of scientific authority that comes with it is promising, results still need to be made sense of in light of each persons life, Savard said.

The answers received are rarely final, but instead form part of an evolving story. After changing his diet based on his DNA results, Leung said he is feeling more energetic, and will encourage his friends to get tested, too. Hes also assured that his information will be kept private.

The company tells us that there is no exchange of data between them and insurance companies, so Im confident about the test, he said.

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health-views-updates · 4 days ago

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2024-2032 Predictive Genetic Testing & Consumer/Wellness Genomics Market Growth and Demand Outlook

According to the latest analysis by SNS Insider, the Predictive Genetic Testing & Consumer/Wellness Genomics Market Revenue is anticipated to see robust growth over the forecast period from 2024 to 2032. The market is driven by advancements in genetic testing technologies, increasing consumer awareness, and the integration of genomics in preventive healthcare and wellness strategies. As personalized medicine continues to gain traction, predictive genetic testing is emerging as a transformative tool to improve health outcomes globally.

The report highlights significant market trends, including the increasing adoption of direct-to-consumer (DTC) genetic tests, technological innovations, and the growing focus on preventive care. Leading companies are leveraging AI and machine learning technologies to provide actionable insights based on genomic data, enabling individuals to make informed decisions about their health and lifestyle. Additionally, regulatory frameworks are evolving to ensure data privacy and reliability in consumer genomics services.

The growing prevalence of genetic disorders, coupled with the rising demand for wellness genomics, is expected to expand the market’s footprint across key regions. North America remains at the forefront, attributed to high healthcare expenditure and supportive policies, while Asia-Pacific is poised for the fastest growth due to increasing investments in healthcare infrastructure and a growing awareness of genomics.

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Key Insights from the Report:

Market Forecast: The Predictive Genetic Testing & Consumer/Wellness Genomics market is expected to grow significantly, with advancements in genetic testing technologies and the rising popularity of personalized wellness solutions.

Technological Innovations: The integration of AI in genomics is driving enhanced diagnostic accuracy, enabling personalized treatment plans and wellness recommendations.

Regional Trends: While North America leads in market share, emerging markets in Asia-Pacific offer lucrative opportunities, driven by increasing healthcare investments and consumer demand for wellness solutions.

Drivers of Market Growth

Rising Consumer Awareness: Consumers are increasingly interested in understanding their genetic predispositions to take proactive measures for health and wellness.

Healthcare Personalization: Predictive genetic testing is becoming a cornerstone in the shift toward personalized medicine, providing insights that guide tailored healthcare interventions.

Supportive Policies and Investments: Governments and private players are investing in genomics research and infrastructure, accelerating market growth.

Challenges and Opportunities

While the market presents enormous growth potential, challenges such as regulatory hurdles, data privacy concerns, and the high cost of advanced genetic testing may hinder rapid adoption. However, these challenges also present opportunities for innovation, particularly in cost reduction and developing robust data protection protocols.

Future Outlook

The market for predictive genetic testing and wellness genomics is on the cusp of significant transformation, driven by technological advancements and increasing consumer demand. By 2032, the industry is expected to witness breakthroughs in genetic testing accuracy, affordability, and integration with other health data platforms.

About Us

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Contact Us: Akash Anand – Head of Business Development & Strategy Email: [email protected] Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)

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globalgrowthinsights · 4 months ago

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Fluorine Aromatic Pi Film Market Developments, Trends & Opportunities till 2032

Fluorine Aromatic Pi Film Market provides in-depth analysis of the market state of Fluorine Aromatic Pi Film manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fluorine Aromatic Pi Film in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Fluorine Aromatic Pi Film Market Report:

The report offers a comprehensive and broad perspective on the global Fluorine Aromatic Pi Film Market.

The market statistics represented in different Fluorine Aromatic Pi Film segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Fluorine Aromatic Pi Film are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Fluorine Aromatic Pi Film.

Major stakeholders, key companies Fluorine Aromatic Pi Film, investment feasibility and new market entrants study is offered.

Development scope of Fluorine Aromatic Pi Film in each market segment is covered in this report. The macro and micro-economic factors affecting the Fluorine Aromatic Pi Film Market

Advancement is elaborated in this report. The upstream and downstream components of Fluorine Aromatic Pi Film and a comprehensive value chain are explained.

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Global Growth Insights

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globalmarketdatabase2020 · 4 years ago

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The Life Sciences Industry

The various branches of the life sciences sector include pharmaceuticals, biotechnology, environmental sciences, biomedicine, nutraceuticals, neuroscience, cell biology, biophysics, etc. The overall market focuses on the development of ecologically sustainable industrial solutions. These environmental parameters are expected to strengthen the backbone for the existing manufacturing sectors globally.

The growth in personalized medicines is one of the key market trends that promote the evolution of genetics. Studies conducted by experts within the life sciences sector have proven that certain diseases are genetically inherited. Therefore, diagnostics specific to human DNA could potentially support the growth dynamics of this sector. Additionally, several companies within the Biotechnology vertical have joined forces to cater to the therapeutics sector. Global Market Database is a world’s first dynamic B2B Market Research Platform which provides free market research tools.

Improvements in terms of drug research are another key industrial trend that is anticipated to foster growth. Healthcare is one of the key-value chain verticals within this market. Innovations like smart technology caters to the potential improvement in terms of healthcare based therapeutics. The integration of patient monitoring equipment and other technologies like robotics into hospitals boost the expansion of the industry.

Other management tools curated through the market penetration of ICT based technologies like IoT and AI are also poised to boost the healthcare sector. The intensification of data handling tools reduces the study period. The digital transformation of the industrial revolution is one of the key factors that has broadened the horizon for the existing market. This has in turn paved a pathway to expand the current consumer base for the healthcare sector. Global Market Database is an effective market research tool that gives its users market wise quantitative inputs.

Improvements associated with drug launch and production timelines are one of the key segments which could potentially facilitate the smooth functioning of the supply chain. Sales associated with medicines are held stagnant due to the cumbersome process within the FDA for drug approval. This is turn creates ripples within the value chain for this market. Technological advancements will allow medical boards and government bodies to speed up the drug testing procedure. It will also allow regulatory bodies to hold controlled medical trials on the patients. The real-time oncology review pilot is a fine anecdote for time optimization in the case of drug tests. The project was predominantly designed to accelerate the drug approval process related to cancer treatment.

The study of gene technology has also provided a large scope for the development of the life science sector. Researchers are now attempting to integrate genetic information with the assessment of disorders. Genome sequences can now be used to predict the disorders in humans as well as animals. Currently, experiments are being conducted in the field of gene editing to reduce the number of inherited diseases. This would prevent diseases from being carried forward across generations. Global Market Database is the only market research tool which is dynamic in nature. The market numbers change in line with the change in market dynamics.

Immune cell function is another segment within the life sciences industry that has gained increased popularity. Researchers are keen on capitalizing on particular mechanisms of cells that are immune to certain types of viruses and bacteria. The mitochondria present within immune cells are responsible for most of their characteristic traits. The growth in studies related to this field has hereafter promoted the research-based funding within the immunotherapy segment.

The growth dynamics and the overall mapping of the life science industry can be studied using Global Market Database. It is a cloud-based market research tool that provides free market data across 600+ markets and 12 different industries. The overall shift in market dynamics and the competitive trends of this market can also be studied using Global Market Database. Potentially evolving sectors and the impact of technology on the existing trends is one of the key factors that support market expansion and penetration.

#free market research tools market research tool Life Sciences Market competitor analysis b2b market research platform global market database

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trendingfact · 5 years ago

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ketshubhra · 4 years ago

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Gene Expression Analysis Market Insight, Regional and Segmental Size Estimates | COVID-19 Impact Analysis | Forecast till 2023

According to Market Research Future (MRFR) Analysis – Gene Expression Analysis Market is growing at a CAGR of 9.1% during the forecast period 2018 to 2023. The global market is segmented by Technology, Type of Product, End User, And Region.

Gene Expression Analysis Market Overview

As per Market Research Future (MRFR) analysis, the global gene expression analysis market is estimated to hold a market value of USD 3.250 million with a CAGR 9.1% from 2018 to 2023 (forecast period).

Gene expression analysis is a research focused on functional genomics that broadens the scope of the study of genes and gene transcripts. Synthesizing functional gene products like functional RNAs and protein species provides insights into how an intact organism survives when a particular gene is missing.

Gene Expression Analysis Market Dynamics

Personalized medicine is becoming more popular, with an increasing number of genetic disorders. In addition, increasing awareness of personalized medicine is expected to drive growth over the forecast period. As per the data published by Foley & Lardner LLP, the Food and Drug Administration (FDA) approved 16 new personalized medicinal products in 2017. Moreover, the advancement of genomic databases increased government support for genomics, and growth in personalized medicine is likely to drive the market.

However, the shortage of skilled labor and the high cost of instruments may inhibit market growth during the forecast period.

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Gene Expression Analysis Market Segmentation

The global market for gene expression analysis has been segmented into product, services, application, and end-user.

Based on the product, the global market for gene expression analysis has been segmented into consumables and instruments.

Based on consumables, the global market for gene expression analysis has been further segmented into reagents and DNA chips.

Based on instruments, the global market for gene expression analysis has been further segmented into next-generation sequencing (NGS), polymerase chain reaction (PCR), microarray, Sanger sequencing, and others.

Based on services, the global market for gene expression analysis segmented into gene expression profiling services, sequencing services, bioinformatics solutions, and others.

Based on the application, the global market for gene expression analysis has been segmented into drug discovery, diagnosis, research, and others.

Based on end-user, the global market for gene expression analysis has been segmented into academic & research institutes, pharmaceutical & biotechnology companies, contract research organizations, and others.

Gene Expression Analysis Market Regional Analysis

Regionally, the global gene expression analysis market has been segmented into the Americas, Europe, Asia Pacific, and the Middle East & Africa.

The Americas are predicted to dominate the global market for gene expression analysis due to increasing research activities and the increasing popularity of gene expression tests. In addition, the well-developed healthcare sector is predicted to improve the American market for gene expression analysis.

Europe is predicted to hold the second-largest position in the global market for gene expression analysis. Market growth in this region is due to the availability of research funding.

The Asia Pacific is projected to be the fastest-growing region on the market due to rising investment by governments in genomics and continuously developing economies. As stated in the report published by the International Journal of Social and Developmental Concerns in October 2017, the growth of public primary and secondary care facilities in Malaysia has decreased over the last few years and has not kept pace with modern urbanization. These factors, therefore, restrict the growth of the market in this region.

The Middle East and Africa are estimated to have the least market share.

Gene Expression Analysis Market Key Players

Some of the significant participants in the global gene expression analysis market are GENERAL ELECTRIC COMPANY, Illumina, Inc., Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific, Pacific Biosciences of California, Inc., Oxford Gene Technology, BGI, PerkinElmer Inc., Agilent Technologies, Inc., QIAGEN, Eurofins Scientific, Genotypic Technology Pvt Ltd, Danaher, Macrogen Inc.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

#gene expression analysis market #gene expression analysis market size #gene expression analysis market share #gene expression analysis market demand #gene expression analysis market value

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elizasanchez · 4 years ago

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Direct-to-Consumer Genetic Testing Market to Reflect Significant Growth during 2020-2027 | 23andMe, Full Genome Corporation, Color Genomics

The Global Direct-to-Consumer Genetic Testing Market Research Report 2020 offers an extensive study of the Direct-to-Consumer Genetic Testing industry to assist the reader in gaining a competitive advantage over other competitors through the application of expansion tactics and a deeper understanding of the essential aspects of the market of the Direct-to-Consumer Genetic Testing industry. The report offers a critical overview of the market segments with regards to market size, market share, regional analysis, and comprehensive competitive analysis of the Direct-to-Consumer Genetic Testing industry. The report presents key statistical data to offer an accurate idea of the market dynamics and projected growth rate at which the market is expected to grow over the forecast timeline of 2020-2027.

The report is further attuned to the changes in the market dynamics and trends pertaining to the impact of the COVID-19 pandemic on the Direct-to-Consumer Genetic Testing market. The pandemic has resulted in the disruptions in the workflow along with shifts in the consumer directly affecting the demands and trends of the Direct-to-Consumer Genetic Testing industry. The report offers a comprehensive analysis of the impact of the pandemic on the overall Direct-to-Consumer Genetic Testing industry and on specific key segments of the industry. It further offers key insights into the current and future impact of the pandemic on the Direct-to-Consumer Genetic Testing industry.

Get a sample of the report @ https://www.emergenresearch.com/request-sample-form/20

Competitive Landscape:

The research report offers an extensive outlook of the current market scenario to assist the companies in making fruitful business decisions to boost their business and overall growth. The study offers extensive company profiles, market share, market size, revenue contribution, financial standing, business plans, expansion tactics, along with product portfolio, gross profit margins, production and manufacturing capacity, and regional reach. The report also provides extensive coverage of strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, and partnerships and agreements. It offers an accurate competitive landscape scenario of the Direct-to-Consumer Genetic Testing market based on both regional and global scale to offer the companies insightful data to capitalize on the emerging growth prospects and maximize their investment returns.

The key companies profiled in the report include:

23andMe, Full Genome Corporation, Color Genomics, Genesis Healthcare, Helix OpCo LLC, FamilyTreeDNA, MyHeritage, Identigene, Pathway genomics, and Living DNA

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Market Segmentation:

The report categorizes the market into different key segments based on types and applications,along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.

Test Type Outlook

· Carrier Testing

· Predictive Testing

· Ancestry & Relationship Testing

· Nutrigenomics Testing

Distribution Channel Outlook

· Online Platforms

· Over-the-Counter

Application Outlook

· Targeted Analysis

· Single Nucleotide Polymorphism Chips (SNP)

· Whole Genome Sequencing (WGS)

Regional Segmentation of the Market:

· North America (U.S.., Canada)

· Europe (U.K., Italy, Germany, France, Rest of EU)

· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

· Latin America (Chile, Brazil, Argentina, Rest of Latin America)

· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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The report presents a holistic overview of the market in terms of market size, market share, regional analysis, regulatory framework, technological developments, product advancements, factors influencing the market growth, and impact analysis of the drivers and restraints. It offers an analysis of the factors having the potential to affect the dynamics of the demand and supply, along with current and emerging trends. These assessed key elements offer accurate insights into the market for the forecast period of 2020-2027.

Summary of the Global Direct-to-Consumer Genetic Testing Report:

· Comprehensive analysis of the market including risks and opportunities

· Details of business strategies and plans undertaken by key market players

· Analysis of current and future trends that will affect the growth of the market in the forecast timeline

· In-depth analysis of drivers and constraints for better understanding of the market

· The report encompasses a detailed forecast for the years 2020-2027.

· The report provides valuable insights on key market growth driving trends and monetary competence in the forecast timeline.

To read more about the report, visit @ https://www.emergenresearch.com/industry-report/direct-to-consumer-genetic-testing-market

Thank you for reading our report. For any specific details on customization of this report, please get in touch with us. We will ensure the report is well-suited to your needs.

About Emergen Research

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Our expertise umbrellas the technological environment of all major industries, and our services help you map your actions to ensure optimal yield. Our analysts utilize their market proficiency to offer actionable insights that help our clients implement profitable strategies and optimize their return on investment. Our services are wide-ranging, right from technological environment analysis to technological profiling that highlights the existing opportunities in the market you can capitalize on to stay ahead of your competitors.

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Corporate Sales Specialist

14671 110 Avenue, Surrey, British Columbia, V3R2A9

Emergen Research | Web: https://www.emergenresearch.com

E-mail: [email protected]

#Direct-to-Consumer Genetic Testing Market

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aditi3019 · 4 years ago

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Gene Expression Analysis Market 2019 - 2023: Emerging Technologies, Business Trends, Industry Segments, Global Segments, Landscape and Demand

Gene Expression Analysis Market Market Report, Forecast Period 2023-2020. The Industry Research Report on Gene Expression Analysis Market is based on Industry Size, Share, Trend and Growth.

Gene Expression Analysis Market Overview

Get a FREE Sample with Complete TOC By Considering the COVID-19 impact on Global Market @ https://www.marketresearchfuture.com/sample_request/7805

Gene Expression Analysis Market Dynamics

However, the shortage of skilled labor and the high cost of instruments may inhibit market growth during the forecast period. 

Gene Expression Analysis Market Segmentation

The global market for gene expression analysis has been segmented into product, consumables, instruments, services, application, and end-user.

Based on the product, the global market for gene expression analysis has been segmented into consumables and instruments.

Based on consumables, the global market for gene expression analysis has been further segmented into reagents and DNA chips.

Based on services, the global market for gene expression analysis segmented into gene expression profiling services, sequencing services, bioinformatics solutions, and others.

Based on the application, the global market for gene expression analysis has been segmented into drug discovery, diagnosis, research, and others.

Gene Expression Analysis Market Regional Analysis

Regionally, the global gene expression analysis market has been segmented into the Americas, Europe, Asia Pacific, and the Middle East & Africa.

Europe is predicted to hold the second-largest position in the global market for gene expression analysis. Market growth in this region is due to the availability of research funding.

The Middle East and Africa are estimated to have the least market share. 

Gene Expression Analysis Market Key Players

Table Of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Equipment Trends & Assessment

Chapter 5. Market Factor Analysis

...TOC Continued

LIST OF TABLES

Table 1 Global Gene Expression Analysis Market Synopsis, 2018–2023

Table 2 Global Gene Expression Analysis Market Estimates And Forecast, 2018–2023 (USD Million)

Table 3 Global Gene Expression Analysis Market, By Region, 2018–2023 (USD Million)

Table 4 Global Gene Expression Analysis Market, By Product, 2018–2023 (USD Million)

Table 5 Global Gene Expression Analysis Market, By Services, 2018–2023 (USD Million)

Table 6 Global Gene Expression Analysis Market, By Applications, 2018–2023 (USD Million)

....Continued

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Market Structure For Global Gene Expression Analysis Market

Figure 3 Market Dynamics For Global Gene Expression Analysis Market

Figure 4 Global Gene Expression Analysis Market Share, By Product, 2017

Figure 5 Global Gene Expression Analysis Market Share, By Services, 2017

Figure 6 Global Gene Expression Analysis Market Share, By Applications, 2017

....Continued

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sapanas · 4 years ago

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Gene Expression Analysis Market Challenges, Demand, Upcoming Trends, Analysis By Industry Share, Revenue And Global Forecast To 2023

“Gene Expression Analysis Market Size, Forecast, 2023” report provides a comprehensive analysis of the Big Data in Healthcare Industry, providing the historical and forecasted data during the forecast period from 2018-2023.

Gene Expression Analysis Market Overview

Read more news on: https://www.medgadget.com/2020/04/gene-expression-analysis-market-size-2020-industry-statistics-swot-analysis-growth-opportunities-business-models-technology-development-trends-top-companies-forecast-to-2023.html

Gene Expression Analysis Market Key Players

Gene Expression Analysis Market Dynamics

However, the shortage of skilled labor and the high cost of instruments may inhibit market growth during the forecast period.

Gene Expression Analysis Market Segmentation

Global gene expression analysis market has been segmented into product, consumables, instruments, services, application, and end-user.

Based on the product, the global market for gene expression analysis has been segmented into consumables and instruments.

Based on consumables, the global market for gene expression analysis has been further segmented into reagents and DNA chips.

Based on services, the global market for gene expression analysis segmented into gene expression profiling services, sequencing services, bioinformatics solutions, and others.

Based on the application, the global market for gene expression analysis has been segmented into drug discovery, diagnosis, research, and others.

Gene Expression Analysis Market Regional Analysis

Regionally, the global gene expression analysis market has been segmented into the Americas, Europe, Asia Pacific, and the Middle East & Africa.

Europe is predicted to hold the second-largest position in the global market for gene expression analysis. Market growth in this region is due to the availability of research funding.

The Middle East and Africa are estimated to have the least market share.

Obtain Premium Research Report Details, Considering the impact of COVID-19 @ https://www.marketresearchfuture.com/reports/gene-expression-analysis-market-7805

#Gene Expression Analysis Market #Gene Expression Analysis Market Size #Gene Expression Analysis Market Share #Gene Expression Analysis Market Growth #Gene Expression Analysis Market Analysis #Gene Expression Analysis Market Trends

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alex121world · 4 years ago

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North America In Vitro Diagnostics Market size Rear Excessive Growth during 2025

[116 pages report] This market research report includes a detailed segmentation of the North America in vitro diagnostics market – By Technology Types (Clinical Chemistry, Molecular Diagnostics, Immunoassay, Clinical Microbiology, Coagulation, Hematology, and Others), By Applications (Oncology, Infectious Disease, Diabetes, Cardiology, Nephrology, Autoimmune Disease, and Others), By End-users (Hospitals, Laboratories, Home Care, Academic & Research Institutes, and Others), and By Country (US and Others).

Get PDF Sample Copy of this Report to understand the structure of the complete report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.trendsmarketresearch.com/report/sample/9818

Overview of the In Vitro Diagnostics Market Research

Infoholic’s market research report predicts that the North America In Vitro Diagnostics market will grow at a CAGR of 5.17% during the forecast period 2019–2025. The market has witnessed steady growth in the past few years, and the advancements in technology with the introduction of innovative products have increased the adoption of in vitro diagnostics products in the market. The market is fueled by the increasing incidence of lifestyle and chronic diseases, rising adoption of point-of-care testing (POCT), the upsurge in the biomarker-based tests, and growing significance of companion diagnostics.

The market continues to grow, and in vitro diagnostics is one of the most widely used techniques for screening, diagnosis, treatment, and monitoring purposes. The field is getting revolutionized with the advancement in technology. Vendors are focusing on new product launches, approvals, and targeting toward end-user’s perspective. The market generates revenue from the key players operating in this field, and few of them include Abbott Laboratories, F. Hoffmann-La Roche, Thermo Fisher Scientific, Danaher Corporation, and Sysmex Corporation.

According to Infoholic Research analysis, the US accounted for the largest share of the North America in vitro diagnostics market in 2018 and “others” segment is expected to grow a high CAGR during the forecast period. According to the estimation of the National Cancer Institute, in the US, around 1.6 million new cases of cancer were diagnosed, and 595,690 people have died due to cancer in 2016. In 2016, Canada had an estimated 202,400 new cases of cancer and nearly 78,000 deaths according to the Canadian Cancer Society. Lifestyle-related diseases such as diabetes and heart diseases are becoming a major threat to the population across the world with 425 million people suffering from diabetes. Cardiovascular disease (CVD) accounts for approximately 800,000 deaths in the US and on an average, one person dies from CVD every 40 seconds in the US. Favorable reimbursement policies, the presence of dominant market vendors in the country, increased awareness among patients, availability of government funds, and increasing adoption of molecular diagnostics make the US a dominant shareholder in the market.

In Vitro Diagnostics Market by Technology Types

Clinical Chemistry

Molecular Diagnostics

Immunoassay

Clinical Microbiology

Coagulation

Hematology

Others

In 2018, the clinical chemistry segment occupied the largest share, and molecular diagnostics segment is expected to grow at a high CAGR during the forecast period. Clinical chemistry includes metabolic panel, electrolyte panel, liver panel, lipid profile, renal profile, thyroid function panel, and specialty chemistry tests. Increased technological advancements such as next-generation sequencing & polymerase chain reaction and growing number of strategic deals are likely to propel the molecular diagnostics segment during the forecast period.

North America In Vitro Diagnostics Market by Applications

Oncology

Infectious Disease

Diabetes

Cardiology

Nephrology

Autoimmune Disease

Others

The infectious disease segment occupied a major market share in 2018, and the oncology segment is predicted to hold a significant share during the forecast period. Increase in the prevalence of the disease such as tuberculosis & pneumonia and growing healthcare awareness among the population make the segment a dominant shareholder.

North America In Vitro Diagnostics Market by End-users

Hospitals

Laboratories

Home Care

Academic & Research Institutes

Others

Hospitals occupied a significant market share in 2018, and hospitals and laboratory segments are expected to dominate the market for the next few years.

In Vitro Diagnostics Market by Country

Others

The US occupied a significant market share in 2018, and the “others” segment is expected to grow at a high CAGR during the forecast period. The increased technological advancement and higher GDP of the nation make “others”, that includes Canada and Mexico, the fastest growing segment during the forecast period.

In Vitro Diagnostics Market Research Competitive Analysis – The in vitro diagnostics market has massive growth opportunities in the North American region. The advancements of technology will increase competition among vendors. The diagnostics and biotechnology continuously focus on the market due to an increase in lifestyle and chronic diseases. This has resulted in approvals and collaborations related to in-vitro diagnosis in recent years. For instance, Roche launched VENTANA pan-TRK (EPR17341) Assay to detect tropomyosin receptor kinase (TRK) to diagnose multiple solid tumor types at the end of 2018. FDA has approved F1CDx test to identify genetic alterations in tumors in December 2017. The genomic test can identify cancer-related alterations in 324 genes in any type of solid tumor. FDA approved Ortho Clinical Diagnostics VITROS Immunodiagnostic Products HIV Combo Reagent Pack and Calibrator for use on the VITROS 5600 Integrated System in 2018. This 4th generation test can detect both HIV-1 and HIV-2 antibodies as well as the p24 antigen, which provides a shorter diagnostic window compared to 3rd generation assays. In late 2018, Precision for Medicine acquired ApoCell, a next-generation lab specializing in the identification and analysis of biomarkers. In addition, other leading players are focusing on hugely investing in R&D activities to develop new products to attain the maximum share in the market.

Key Vendors

Abbott Laboratories

Hoffmann-La Roche (Roche)

Thermo Fisher Scientific Inc.

Danaher Corporation

Sysmex Corporation

bioMerieux S.A.

Becton Dickinson and Company

Bio-Rad Laboratories

Qiagen N.V.

Siemens Healthineers

Ortho Clinical Diagnostics (Carlyle Group)

Key Competitive Facts

The market is highly competitive with all the players competing to gain market shares. Intense competition, rapid advancements in technology, frequent changes in government policies, and the prices are key factors that confront the market.

The requirement of high initial investment, implementation, and maintenance cost in the market are also limiting the entry of new players.

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Benefits – The report provides complete details about the usage and adoption rate of in vitro diagnostic products. Thus, the key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, and government initiatives towards the tests in the upcoming years along with details of the pureplay companies entering the market. Moreover, the report provides details about the major challenges that are going to impact the market growth. Additionally, the report gives complete details about the key business opportunities to key stakeholders in order to expand their business and capture the revenue in specific verticals, and to analyze before investing or expanding the business in this market.

Key Takeaways

Understanding the potential market opportunity with precise market size and forecast data.

A detailed market analysis focusing on the growth of the in vitro diagnostics

Factors influencing the growth of the in vitro diagnostics

In-depth competitive analysis of dominant and pure-play vendors.

Key insights related to major segments of the in vitro diagnostics

Latest market trend analysis impacting the buying behavior of the consumers.

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