The global reproductive genetics market size is expected to reach USD 11.23 Billion at a steady CAGR of 12.3% in 2028, according to latest analysis by Emergen Research. Rise in adoption of genetic tests and advancements in molecular diagnostics is driving global reproductive genetics market revenue growth.Reproductive genetics focus on fertility and reproduction that affect some families in the form of chromosomal and genetic abnormalities that increase risk to biological children, reproductive loss, multiple miscarriages, and family history of genetic abnormalities.
The study is a professional probe into the revenue generated and capacity estimates for the Reproductive Genetics market for the forecast period 2020 – 2027 empower the business owners to maintain a competitive edge over their rivals. The research further examines and provides data on the market by type, application and geography interspersed with illustrations and other graphical representations. The market analysis not only determines the attractiveness of the industry but also the evolving challenges and opportunities and their association with the weaknesses and strengths of prominent market leaders. Other factors taken into consideration when studying the industry include profitability, manufacturing capability, distribution channels and industry cost structure and major success factors.
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Advancements in genomic technologies and implementation of these technologies in clinical medicine has expanded their usage in diagnosis of genetic disorders, carrier screening, and identification of cause of infertility. Some tests are quite expensive, which deters couples from going ahead with the tests, but as there is a decline in cost of sequencing and surge in mixed-ethnicity population, an increasing number of couples/individuals are expected to opt for the procedure and this is expected to support market growth going ahead.
In May 2021, Juno Diagnostics, Which is a company focusing on enhancing access to genetic health information, announced that closing of Series A financing round for USD 25 million led by Perceptive Xontogeny Venture (PXV) Fund. The fund will support product development, clinical validation studies, and commercial launch of JunoDx’s product offerings for non-invasive prenatal testing.
Prenatal screening covers a variety of tests doctors recommend for a pregnant patient. Some prenatal screening tests determines the chances a baby may or may not have chromosomal disorders, such as Down Syndrome. Though recommended by doctors, it is non-invasive and optional, and poses no risk to pregnancy as it involves ultrasound and blood work.
A novel research report on global Reproductive Genetics has been recently published by Emergen Research to offer a comprehensive overview of the industry with latest and emerging market trends between 2021 and 2028. The report offers a detailed overview of the market with precise information about product type, application, market size, revenue share, key drivers, restraints, opportunities, and challenges. The report also assesses market trends that can have favorable impact on the market in the coming years along with detailed examination of various market segments on global and regional levels.
Key players in the market include Illumina, Inc., Agilent Technologies, Inc., PerkinElmer, Inc., Quest Diagnostics, Thermo Fisher Scientific Inc., Fulgent Genetics, Inc., Centogene AG, Myriad Genetics, Inc., Qiagen N.V., and OPKO Health, Inc.
COVID-19 Impact Analysis:
This report is the latest document encompassing the massive changes that took place in the Reproductive Genetics market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Reproductive Genetics market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.
Emergen Research has segmented the global reproductive genetics market on the basis of product type, procedure type, technology, application, and region:
Product Type Outlook (Revenue, USD Billion; 2018–2028)
Laboratory Developed Tests (LDT)
Kits
Reagents and Consumables
Procedure Type Outlook (Revenue, USD Billion; 2018–2028)
Pre-Natal Screening
Pre-Implantation Genetic Testing
Infertility Genetic Testing
Carrier Screening
Technology Outlook (Revenue, USD Billion; 2018–2028)
Next-Generation Sequencing (NGS)
Microarray
Polymerase chain reaction (PCR)
In-Situ Hybridization (ISH)
Application Outlook (Revenue, USD Billion; 2018–2028)
Single Gene Disorder
Aneuploidy
Structural Chromosomal Abnormality
Others
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The report objectives are:
To evaluate Reproductive Genetics status, future forecast, growth opportunity, key market, and key players.
To present the Global Reproductive Genetics development in the different regions of the world.
To strategically study and segment the key players and comprehensively analyze their development plan and strategies.
To define, describe, and forecast the market by product type, market, and key regions.
Why choose emergen research ?
Extensive market scope covering all major offerings in the ecosystem
In-depth analysis for all the countries covered in each report
Current and upcoming trends impact analysis
Robust Research Methodology
Comprehensive Reports
Latest Technological Developments
Key points discussed in the report for Global Reproductive Genetics Market:
Chapter 1: Introduction, market driving force product, Objectives of the Study, and Research Scope of the Reproductive Genetics market
Chapter 2: Exclusive Summary –vital information of the Reproductive Genetics Market.
Chapter 3: Market Dynamics- Drivers, Trends, and Challenges of the Reproductive Genetics Market
Chapter 4: Reproductive Genetics Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Market segmentation by Type, End-User and Region 2016-2018
Chapter 6: Analysis of the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 7 & 8: Appendix, Methodology and Data Source…Continued
Finally, Reproductive Genetics Market is a valuable source of guidance for individuals and companies.
Regional Overview:
The global Reproductive Genetics market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Reproductive Genetics market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Key questions addressed in the report:
What are the key factors driving the global Reproductive Genetics market?
Who are the key manufacturers in this market space?
Who are the distributors, traders and dealers of this market?
What are the market opportunities and risks affecting the performance of the vendors in the global Reproductive Genetics market?
What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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