The Predictive Genetic Testing Market is expected to grow by leaps and bounds in the forecast period. Nanotechnology’s medical application is on the anvil. As such, nanomedicine is an outcome of the technology operating at the molecular, atomic, or supramolecular scale. The broad application areas of nanomedicine include sensing, imaging, diagnosis, and delivery via medical devices. This would certainly keep the healthcare vertical upgraded continuously.
Numerous methods are practiced nowadays used for predictive genetic testing, the selection of test is purely dependent on the type of irregularity. Prenatal and genomic testing are the main type of technology used to detect anomalies in the DNA sequence, protein structure and chromosome structure.
A sharp trend in utilization of predictive genetic testing for diagnosis and treatment of rare disease and genetic anomaly has been observed, driving the growth of the predictive genetic testing market. The screening of cancer and genetic abnormalities involves the use of fluorescence in situ hybridization, Comparative genomic hybridization and Karyotyping indirectly propelling the demand of the predictive genetic market.
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The emerging demand for predictive genetic testing is largely arising from the increased awareness of the people towards cardiac care. The major factor driving the growth of predictive genetic testing market is increasing prevalence of cancer and genetic disorders coupled with growing awareness about personalized medicine. The continuously growing adoption pf genetic testing and advancement in genetic testing technique is driving the demand for predictive genetic testing market.
Moreover, the growing adoption of diagnostic test based on the genetic makeup of the cell, and detailed diagnosis also increases the probabilities for adopting Predictive genetic testing techniques consequently increasing demand for Predictive genetic testing.
The rapidly developing medical care technologies and inventions are the key factor in early detection of genetic disorders. However, stringent regulatory guidelines for instrument used in Predictive genetic testing coupled with limited awareness about genetic testing is estimated to restrain growth of the Predictive genetic testing market.
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Market Segmentation:
Test Type
- Predictive Testing
- Predictive Diagnostics
- Genetic Susceptibility Test
- Population Screening
- Wellness Genomic testing
- Skin & Metabolism Genetics
- Nutria Genetics
- Others
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Consumer Genomics
- Technology
- Professional
- DTC
Application
- Consumer Genomics
- Colon Cancer
- Cardiovascular screening
- Breast & Ovarian Cancer
- Parkinsonism / Alzheimer’s Disease
- Diabetic Screening & Monitoring
- Prostate cancer
- Orthopedic & Musculoskeletal
- Others
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