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The Nephro Genetic Testing Market To Witness Steadfast Growth

The Nephro Genetic Testing Market is stated to place itself in good stead In Upcoming Years. With the breakneck pace being witnessed regarding digital technologies, organizations across the globe are putting their best foot forward for serving their customers at ease. With over 40% of the IT budget being allocated to digitization, more than 70% of the workplaces have either resorted to it or are into the adoption mode herein. This trend is likely to change the entire industry scenario, with no room for mediocrity, as every solution would be tailor-made.

According to the latest research by Persistence Market Research, the nephro genetic testing market is set to witness positive growth of CAGR 5.5% during 2021-2031. Nephrogenetic disorder are hereditary and are passed from one generation to another.

These are caused by any genetic alteration in the genes affecting the kidney functions and formation of renal cyst. Some of the common genetic renal disorders include Autosomal Dominant Polycystic Kidney Disease (ADPKD), Gitelman Syndrome, Nephronophthisis, etc.

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The nephro genetic testing market is majorly driven by advancements in DNA sequencing techniques and increasing research in the domain. These method provide an accurate course of treatment and specific investigations.

The market is majorly driven by increase in the prevalence of genetic renal disorders, technological advancements in the screening techniques, awareness about genetic testing and increasing research and development. Various technological advancements are happening in DNA sequencing. Next-generation sequencing is the new method that is currently used for DNA sequencing.

Another driver is the prevalence of various nephrological disorders. According to report, the genetic renal disorder affects 5-15% of adult population. This increase in the prevalence therefore acts as a driven for nephrological testing market.

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An increase in the awareness about the genetic testing for the disorder and R & D investment by the companies for developing new techniques is expected to increase demand for nephrogenetic testing during the forecast period.

COVID-19 had an impact on the nephrogenetic testing market. Since only the essential treatments were allowed during the pandemic, the screening and many early signs of nephrogentic disorders went undetected.

During this pandemic times, the hospitals started giving nephrogenetic counselling through telephone videoconferencing (telegenetics) for remote places. However, this pandemic has allowed researchers to come up with new techniques for nephrogenetic testing. The market had an overall negative impact due to COVID-19.

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Some of the leading manufacturers of nephrogenetic testing include,

  • Centogene N.V.
  • MedGenome
  • Blueprint Genetics Oy
  • Invitae Corporation
  • Natera Inc.
North America with countries like US and Canada re dominating the nephrogenetic market. The presence of major players and increase in the investments by them are driving the market.

Also, the governmental initiatives for genetic testing and increase in funding act as a driver for the market. In addition to this, the prevalence rate of genetic renal disorder is high. For instance, according to a report, 13% of blacks in US carry APOL1 gene, which is responsible for causing renal diseases.

Another region that is expected to dominate the market is Asia followed by Europe. This is due to presence of some player like MedGenome in this region and increase in life science research is expected to drive the market.

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Key Segments:

By Technique

  • Next generation sequencing
  • Multiplex Ligation-dependent Probe Amplification (MLPA)

By End-user

  • Hospitals
  • Specialty clinics
  • Research institutes
  • Diagnostics laboratories

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa

About Us: Persistence Market Research

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