According to a report by Fortune Business Insights, the global US genetic testing market sector reached a value of USD 4.11 billion in 2019. Projections suggest a positive outlook, with a Compound Annual Growth Rate (CAGR) of 13% from 2020 to 2027. This growth is anticipated to result in a significant achievement of USD 10.29 billion by 2027, underscoring the substantial opportunities in this thriving high-volume industry.
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This report offers an in-depth examination of the US genetic testing market, featuring a detailed quantitative analysis of current trends and future projections from 2023. This analysis is instrumental in identifying market opportunities. The report also provides an extensive regional analysis, aiding stakeholders in developing region-specific strategies. Moreover, it thoroughly explores the factors driving and restraining global US genetic testing market growth. Finally, the report carefully assesses market conditions at both regional and national levels.
The US Genetic Testing Market report covers several important topics, including a comprehensive evaluation of the global market, highlighting key aspects in the market survey, and analyzing the competitive landscape with a focus on major players. It also offers a regional analysis that includes demand, sales, and revenue trends, along with an exploration of opportunities in emerging economies.
This report provides valuable insights for both market leaders and new entrants into US genetic testing market, including revenue estimates for the overall market and its subsegments. Stakeholders can use this information to understand the competitive landscape and develop effective market positioning and go-to-market strategies. Additionally, the report offers a thorough understanding of market dynamics, such as key drivers, restraints, challenges, and opportunities, allowing stakeholders to accurately assess market conditions.
The latest report by Fortune Business Insights highlights key opportunities for market expansion during the forecast period. This report maps out market opportunities through a detailed analysis of the current US genetic testing market scenario, including mergers and acquisitions, investments in research and development, technological advancements, new marketing strategies, and buyer behavior. The identified opportunities in the report will enhance the understanding of the global US genetic testing market and its potential for future growth.
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The report includes the following key players:
- Invitae Corporation (San Francisco, US)
- Ambry Genetics (Aliso Viejo, US)
- BioReference Laboratories, Inc. (Elmwood Park, US)
- Progenity, Inc. (San Diego, US)
- Quest Diagnostics Incorporated (Secaucus, US)
- Myriad Genetics, Inc. (Salt Lake City, US)
- Fulgent Genetics (Temple City, US)
- Burning Rock Biotech Limited (Guangzhou, China)
The report will serve as a foundational resource for conducting a thorough 360-degree analysis, integrating various models extensively. By carefully examining historical and current growth parameters, the report accurately identifies the growth prospects of the US genetic testing market.
The Table of Contents (TOC) includes the following key points:
- Overview and Scope of US Genetic Testing Market
- Analysis of global sales volume and Compound Annual Growth Rate (CAGR) for US Genetic Testing Market
- Regional breakdown of total consumption
- The latest industry outlook for US Genetic Testing Market
- Examination of drivers influencing US Genetic Testing Market
- Identification of emerging trends
- Revenue forecast for US Genetic Testing Market
- Geographical breakdown of the US Genetic Testing Market market, including current price and gross margin analysis
- Analysis of market dynamics, risks, and challenges
- Application of Porter’s Five Forces analysis
- Key developments such as mergers and acquisitions
- Comprehensive analysis, insights, and forecasts for US Genetic Testing Market, including global end users and applications
TOC Continued…
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