With the growing awareness about the role of hereditary genetic testing and identifying susceptible individuals, more and more people are opting for hereditary genetic testing.
BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled U.S. Hereditary Genetic Testing Market – A Global and Regional Analysis.
According to this study, the market size of the U.S. hereditary genetic testing was valued at $7.57 billion in 2021 and is projected to reach $29.28 billion by 2032.
The following factors are responsible for the increase in demand for U.S. hereditary genetic testing:
The detailed study is a compilation of 28 market data tables and 118 figures spread through 178 pages.
Check out the detailed table of content here à
https://bisresearch.com/requestsample?id=1403&type=toc
Analyst’s Take on the Market Projection
According to Tausif Qudsi, Principal Analyst, BIS Research, “the U.S. hereditary genetic testing market is highly dynamic with continuous technological advancement and growing awareness about the role of hereditary genetic testing in identifying the individuals at risk. Additionally, with the growing prevalence of cancer indications and the associated implications of the disease, more and more people are opting for hereditary genetic testing, and the U.S. hereditary genetic testing market is anticipated to have a potential growth opportunity.”
Request a FREE sample of this report here à
https://bisresearch.com/requestsample?id=1403&type=download
Existing Competitive Landscape
The companies that are profiled have been selected based on input gathered from primary experts and analyzing company coverage, product portfolio, and market penetration. Some of the established names in the market are
and more.
Recent Developments in the U.S. Hereditary Genetic Testing Market
Drug Discovery to Continue as the Dominating Application for Hereditary Genetic Testing
The role of hereditary genetic testing in drug discovery has increased in recent years and is estimated to constitute a larger market share in the U.S. hereditary genetic testing market.
As per the study conducted by BIS Research, the application of drug discovery was leading the market of U.S. hereditary genetic testing in 2021 with 29.30% of the market share. Monitoring and screening was the second largest application.
This trend is expected to continue during the forecast period of 2022-2032.
Want to learn more about the latest trends in the precision medicine industry? Speak to our analysts
Exclusive DeepTech™ MAP Analysis for Healthcare by BIS Research:
Europe Hereditary Genetic Testing Market
Global Hereditary Genetic Testing Market
About BIS Research:
BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends which can disrupt the market dynamics in the near future. We publish more than 200 market intelligence studies annually that focus on several deep technology verticals.
Our strategic market analysis emphasizes on market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.
BIS Research offers syndicate as well as custom studies and expert consultations to firms, providing them with specific and actionable insights on novel technology markets, business models, and competitive landscapes.
Contact:
Bhavya Banga
Email: media@bisresearch.com
BIS Research Inc.
39111 PASEO PADRE PKWY STE 313,
FREMONT CA 94538-1686
Visit our Blog @ https://bisresearch.com/news
Get Expert Insights @ https://community.insightmonk.com
Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research
Connect with us on Twitter@ https://twitter.com/BISResearch
media@bisresearch.com
Tags:
Financial Content, Reportedtimes, iCN Internal Distribution, Extended Distribution, Research Newswire, English