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Gene Panel Market Trends

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Report ID: 3634
Published Date: Sep 19, 2024
Report Format: PDF, PPT

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Gene Panel Market Trends

Growth Drivers

Advancement in Genetic Biotechnology
Increasing Incidences of Cancer and Genetic Disorders
Ongoing Research and Development Activities

Challenges

Lack of Workforce in Biotechnological Research
Lack of Health Awareness in Low and Middle-income Countries

Gene Panel Market: Key Insights

Base Year	2023
Forecast Year	2024–2036
CAGR	18.4%
Base Year Market Size (2023)	USD 3.01 billion
Forecast Year Market Size (2036)	USD 27.05 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Gene Panel Market Size & Share, Growth Forecast 2036

Author Credits: Radhika Pawar

Report ID: 3634
Published Date: Sep 19, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing cases of genetic diseases and cancer globally, along with advancement in genetic technology to boost the market growth.

The market is anticipated to attain a CAGR of ~22% over the forecast period, i.e., 2022 â€“ 2030.

Lack of health awareness in developing countries is estimated to hamper the market growth.

The market in the North America is estimated to provide more business opportunities owing to the high healthcare expenditure in the region.

The major players in the market are Illumina, Inc., BGI Group, Agilent Technologies, Inc., Eurofins Scientific, QIAGEN, GENEWIZ Japan Corp., Novogene Corporation, F. Hoffmann-La Roche AG, Personalis Inc., and others.

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