DNA Testing Market Insights:
The DNA Testing Market was analyzed which was worth USD 15.8 Billion in the year 2022, expecting a CAGR of 8.2% during the forecast period (2023-2030), and the market is projected to be valued at USD 34.5 Billion by 2030.
The increased adoption of DNA Testing in the Biotechnology is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for DNA Testing also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of DNA Testing in many sectors also boosts the market growth during the forecast period.
For evaluating illnesses in people using DNA, kits and panels are used. Human blood samples are collected for DNA testing and analysed in laboratory machinery using test kits. DNA testing is used for a variety of purposes, including pre-implantation diagnosis, newborn DNA screening, pre-natal DNA carrier screening, infectious disease diagnostics, identity diagnostics & forensics, oncology diagnostics & histopathology, pharmacogenomics diagnostic testing, and other medical applications. For DNA testing, many methods such as PCR-based diagnostics, microarray, ISH diagnostics, and NGS DNA diagnosis are commonly employed. Because of the large number of companies involved in this technology, PCR-based diagnostics is becoming more popular due to its widespread use and high product availability.
DNA Testing Market Research Report” was just released by Market Research Community. It is divided into several categories, including Technology (PCR Based, Microarray Based, In-situ Hybridization, NGS DNA Diagnosis), application (Pre-natal DNA Carrier Screening, Newborn DNA Screening, Pre-implantation Diagnosis, Oncology Diagnostics & Histopathology, Infectious Disease Diagnostics, Identify Diagnostics & Forensic, Pharmacogenomics Diagnostic Testing, Others), and companies (E Healthcare, 454 Life Sciences, Abbott Laboratories, Beckman Coulter Inc., Bio-Rad Laboratories, Thermo Fisher Scientific, Illumina Inc., Cephide Inc., Hologic, Transgenomic Inc., Siemens Healthcare, Roche Diagnostics, Qiagen, Illumina, Alere Inc, Affymetrix Inc., Agilent Technologies Inc., Dako, and Applied Biosystems Group), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 8.2%, over the forecast period of 2023–2030.
|Report Attributes||Report Details|
|Market Size in 2030 (USD Billion)||34.5 Billion|
|By Technology||PCR Based, Microarray Based, In-situ Hybridization, NGS DNA Diagnosis|
|By Application||Pre-natal DNA Carrier Screening, Newborn DNA Screening, Pre-implantation Diagnosis, Oncology Diagnostics & Histopathology, Infectious Disease Diagnostics, Identify Diagnostics & Forensic, Pharmacogenomics Diagnostic Testing, Others|
|By Geography||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Key Players||E Healthcare, 454 Life Sciences, Abbott Laboratories, Beckman Coulter Inc., Bio-Rad Laboratories, Thermo Fisher Scientific, Illumina Inc., Cephide Inc., Hologic, Transgenomic Inc., Siemens Healthcare, Roche Diagnostics, Qiagen, Illumina, Alere Inc, Affymetrix Inc., Agilent Technologies Inc., Dako, and Applied Biosystems Group|
The COVID-19 pandemic has had a substantial negative influence on the DNA Testing market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
E Healthcare, 454 Life Sciences, Abbott Laboratories, Beckman Coulter Inc., Bio-Rad Laboratories, Thermo Fisher Scientific, Illumina Inc., Cephide Inc., Hologic, Transgenomic Inc., Siemens Healthcare, Roche Diagnostics, Qiagen, Illumina, Alere Inc, Affymetrix Inc., Agilent Technologies Inc., Dako, and Applied Biosystems Group
Market Segment Analysis:
- PCR Based
- Microarray Based
- In-situ Hybridization
- NGS DNA Diagnosis
- Pre-natal DNA Carrier Screening
- Newborn DNA Screening
- Pre-implantation Diagnosis
- Oncology Diagnostics & Histopathology
- Infectious Disease Diagnostics
- Identify Diagnostics & Forensic
- Pharmacogenomics Diagnostic Testing
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2022, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of DNA Testing industries in the region.
Key DNA Testing Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global DNA Testing Market segments.
– Largest Market Share Held by Industry to Industry for DNA Testing
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the DNA Testing Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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