china genetic testing market

The IMARC Group provides extensive analysis of the China Genetic Testing industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on China Genetic Testing market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.

Informed covered in the report:

  • Historical market data from 2016-2021
  • CAGR of the market during the forecast period 2022-2027
  • Detailed information on factors that will drive market growth during the next five years
  • Precise estimation of the Keyword market size and its contribution to the parent market
  • Upcoming market trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on key players
  • Comprehensive details of factors that will challenge the growth of smart meters market key players

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Genetic testing provides an accurate determination of bloodline and diagnosis of vulnerabilities to diseases, which can be inherited by determining changes in chromosomes, genes, and proteins. The results can rule out or confirm and help identify the patient’s chance of passing or developing a genetic disorder in laboratory settings. The testing also enables the early diagnosis of chronic diseases, which helps in timely treatment and prevention.

China Genetic Testing Market Trends:

The growing cases of genetic disorders and the increasing consumer awareness regarding the early detection of various chronic diseases is primarily driving the market growth in China. In line with this, the availability of direct-to-consumer genetic testing (DTC-GT) kits and the inflating consumer expenditure power are providing a significant boost to the market growth. Moreover, favorable initiatives undertaken by the Government of the People’s Republic of China to sensitize the masses about genetic testing are supporting the market growth. In addition, the burgeoning investments in research and development (R&D) activities, rapid technological advancements to reduce the costs of deoxyribonucleic acid (DNA) sequencing services, and the extensive utilization of the method in drug-gene testing for producing personalized medicines are creating a positive outlook for the market in the country.  

China Genetic Testing 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

  • BGI
  • Berry Genomics Co. ltd.
  • Daan Gene Co. Ltd
  • WuXi NextCODE
  • Annoroad Gene Technology Co. Ltd.
  • WuXi PharmaTech

Key Market Segmentation:

Breakup by Test Type:

  • Prenatal Testing
  • Carrier Testing
  • New Born Testing
  • Predictive/Presymptomatic Testing
  • Diagnostic Testing
  • Others

Breakup by Disease:

  • Cancer
  • Down Syndrome
  • Thalassemia
  • Others

Breakup by Technology:

  • Biochemical
  • Molecular
  • Cytogenetic

Breakup by Service Provider:

  • Hospital Based Laboratories
  • Independent Laboratories
  • Specialty Clinics

Breakup by Testing Sample:

  • Blood
  • Saliva
  • Hair
  • Others

Ask Analyst for Customization and Explore full report with TOC & List of Figureshttps://www.imarcgroup.com/china-genetic-testing-market

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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