Genetic testing: Advances in accuracy and steady market growth analysed in new report
The objective of the report ‘European Genetic Testing and Screening Services Market’ is to assess the market potential of current testing areas pertaining to the area of genetics such as diagnostic testing/screening, relationship testing and predictive testing. Revenue forecast has been provided for 2010-2018 for each segment within theUnited Kingdom,Germany,France,Italy,Spain,ScandinaviaandBenelux.
According to the 129 page report, genetic testing and screening are the next big focus in the area of molecular diagnostics. Advances in accuracy and steady market growth are opening a number of exciting new doors when it comes to understanding, predicting and eventually treating disease. This market is expected to be driven by the increasing availability of tests covering a wide range of disease areas and expanding the pool of potential consumers.
Testing for genetic diseases has rapidly moved from the laboratory into medical practice and, in this process, issues of quality require adequate attention.
With health insurance plans offering coverage for certain tests, prenatal diagnosis and symptomatic testing will be seen contributing significantly towards the genetic testing and screening market. There is an increased awareness about tests amidst the common mass. This is primarily due to widespread genetic counselling groups and the availability of direct-to-consumer (DTC) tests. The majority of all firms offering gene analyses and services are privately held, while some are start-ups; those that are public have other well-established lines of business on which to lean.
View the report: ‘European Genetic Testing and Screening Services Market’
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