Thestudy offers a comprehensive overview of the technologies, volume size, rawmaterials, and in-depth analysis of the market with a dedicated section for theprofiling of key companies. The report also offers trends and patterns that areprojected to influence the growth of the Carrier Screening market during theforecast period of 2020-2027.
asa result of the testing kits becoming more advanced and cost-effective, thecarrier screening market is predicted to grow significantly throughout theforecast period because of the minimized expenditure on tests and effectiveefficiency that are propelling the demand for them among people planning afamily.
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Thestudy offers a comprehensive overview of the technologies, volume size, rawmaterials, and in-depth analysis of the market with a dedicated section for theprofiling of key companies. The report also offers trends and patterns that areprojected to influence the growth of the Carrier Screening market during theforecast period of 2020-2027.
Further key findings fromthe report suggest
· Over theforecast period, the DNA sequencing segment is anticipated to witness thehighest market share in terms of revenue in the carrier screening marketbecause of the number of patents rising on an incremental scale across Europeanand North American regions. Additionally, the awareness regarding the advantagesof diagnosing critical diseases early is increasing, thereby driving the growthof the market.
· In terms ofrevenue, North America held the largest market share in 2019 which can beattributed to the increasing number of tests conducted in order to analyzewhether an individual is carrying the gene for an inherited disease. The majorcompetitors across the globe are emphasising on the development of healthcareinfrastructure. Over the coming years, Asia Pacific is expected to register thehighest CAGR of 18.4% throughout the forecasted period as people in India,China, and Australia are becoming aware of genetic diseases and screeningtests.
· Keyparticipants MedGenome Inc., Luminex Corporation, Illumina Inc., OtogeneticsCorporation, Myriad Genetics Inc., Thermo Fisher Scientific Inc., Natera Inc.,Gene By Gene Ltd., Corporation of America Holdings, and Mount Sinai GenomicsInc., among others.
Furthermore,the report offers insights into the segmentation of the Carrier Screeningindustry based on product types, applications, end-user, technology, and key regions.The study also assesses the market segment expected to show significant growthin the coming years.
· Technology Outlook (Revenue, USD Billion;2017-2027)
o DNA Sequencing
o Polymerase Chain Reaction
o Microarrays
o Others
· End-User Outlook (Revenue, USD Billion; 2017-2027)
o Hospitals
o Reference Laboratories
o Physician Offices andClinics
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