Genetic Testing Market to reach a market size of $16.9 billion by 2025

Press release   •   Oct 07, 2019 12:39 IST

According to a new report Global Genetic Testing Market, published by KBV Research, The Global Genetic Testing Market size is expected to reach $16.9 billion by 2025, rising at a market growth of 11.2% CAGR during the forecast period.

The North America market dominated the Global Predictive and Presymptomatic Testing Market by Region in 2018, growing at a CAGR of 11.8 % during the forecast period. The Europe market is expected to witness a CAGR of 12% during (2019­-2025). Additionally, The Asia Pacific market is expected to witness a CAGR of 13.9% during (2019-2025).

The Molecular Testing market dominated the Global Genetic Testing Market by Technology in 2018, growing at a CAGR of 11 % during the forecast period. The Biochemical Testing market is expected to witness a CAGR of 11.7% during (2019-2025).

The Genetic Disease Diagnosis market dominated the Global Genetic Testing Market by Application in 2018, growing at a CAGR of 10.7 % during the forecast period. The Cancer Diagnosis market is expected to witness a CAGR of 10.7% during (2019-2025).

Full Report: https://www.kbvresearch.com/genetic-testing-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Myriad Genetics, Inc., Empire Genomics LLC, Bio-Rad Laboratories, Inc., Novartis AG, Agilent Technologies, Inc., Thermo Fisher Scientific, Inc., Qiagen N.V., Illumina, Inc., Danaher Corporation, and Abbott Laboratories (Abbott Laboratories Molecular, Inc.).

Global Genetic Testing Market Segmentation

By Type

Predictive and Presymptomatic Carrier Testing

Prenatal and Newborn Testing

Diagnostic Testing

Pharmacogenomic Testing

Other Types

By Technology

Cytogenetic Testing

Biochemical Testing and

Molecular Testing

By Application

Cancer Diagnosis

Genetic Disease Diagnosis

Cardiovascular Disease Diagnosis and

Other Applications

By Geography

North America




Rest of North America








Rest of Europe

Asia Pacific




South Korea



Rest of Asia Pacific





Saudi Arabia

South Africa


Rest of LAMEA

Companies Profiled

Myriad Genetics, Inc.

Empire Genomics LLC

Bio-Rad Laboratories, Inc.

Novartis AG

Agilent Technologies, Inc.

Thermo Fisher Scientific, Inc.

Qiagen N.V.

Illumina, Inc.

Danaher Corporation

Abbott Laboratories (Abbott Laboratories Molecular, Inc.)

Genetic Testing Market Related Reports:

North America Market

Europe Market

Asia Pacific Market

LAMEA Market

Over the years, Market research has been an important component of strategic decision making processes. Market research activities have been facilitating the search for new market opportunities, understanding the market gap, bringing in the key insights into the R & D departments, value addition to marketing and promotional functions and many more. In short, one can say that the market research has been a fog light to various industries, especially while taking strategic decisions.

KBV Research is Knowledge Based Value Research, which is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals. KBV Research is a global market research and consulting company offering syndicated and custom market research reports with exhaustive industry analysis.