Rising instances of persistent infections such as disease, respiratory failure, stroke, and others are supposed to drive the development of the global gene panel market during the forecasted timeframe. As per information given by Cancer Research U.K, in 2018, in excess of 17 million new disease cases were accounted for across the globe. Besides, as per the Global Burden of Disease (GBD) Study 2019, the common instances of cardiovascular illnesses across the globe were around 523 million.
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Market players are occupied with inorganic exercises such as acquisitions of organizations, as would be considered normal to drive development of the global gene panel market. In February 2021, Inovio Pharmaceuticals, Inc., an American biotechnology organization, and QIAGEN, a German atomic symptomatic organization, worked together to create cutting edge sequencing boards as an indicative aide for Inovio’s immunotherapy to treat cervical dysplasia.
Effect of the Coronavirus (COVID-19) Pandemic
The coronavirus episode first provided details regarding December 31, 2019 in Wuhan, China. As indicated by the Coronavirus (COVID-19) Weekly Epidemiological Update by the World Health Organization, more than 186 million cases and 4.0 million deaths due to the Coronavirus (COVID-19) were accounted for up to July 11, 2021 across the globe.
The COVID-19 pandemic has impacted a few business sectors across the globe and is additionally expected to hamper the interest and supply in the global gene panel market. The COVID-19 pandemic has impacted the interest and supply of the global gene panel market in three primary ways; by straightforwardly influencing the creation and request; by making disturbances in appropriation channels; and by its monetary effect on firms and monetary business sectors.
Notwithstanding, rising instances of a few hereditary illnesses related to COVID-19 contaminations like epilepsy, cardiovascular sickness, stroke, joint pain, and others are supposed to drive the development of the quality board market as a demonstrative instrument. As indicated by an article distributed by the American Heart Association Journal in February 2021, the gamble of having an intense ischemic stroke is increased in patients who are COVID-19 positive. This is supposed to support the development of the global gene panel market during the estimated timeframe.
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In addition, the launch of new items is supposed to drive the quality board market’s development. In June 2019, Biocept, Inc., an American genomics organization, reported the launch of its new item, Target Selector NGS Breast Panel, which is a quality board utilized for the determination of quality changes related to breast disease.
Key Takeaways
The global gene panel market is supposed to show a CAGR of 20.2% over the conjectured timeframe (2021-2028). From the rising number of items launched and endorsements, North America is supposed to represent a significant portion of the overall industry over the forecasted timeframe (2021-2028). In August 2020, Guardant Health, an American medical organization, got FDA endorsement for its item Guardant360 CDx, which uses blood examination and cutting-edge sequencing quality board innovation to identify transformations in the epidermal development figure receptor quality instance of non-little cell cellular breakdown in the lungs.
Key companies contributing to the global gene panel market include Illumina Inc., Integrated DNA Technologies, Inc., Novogene Co., Ltd., GATC Biotech, GENEWIZ, Inc., BGI, Thermo Fisher Scientific Inc., Invitae Corporation, GeneDx Inc., Personalis Inc., F. Hoffmann-La Roche Ltd, QIAGEN, Eurofins Scientific, and Agilent Technologies, Inc.
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Reasons to buy this Gene Panel Market Report
☑ It attempts an analysis of the competing scenario.
☑ The current and exceptional product revenue market.
☑ An in-depth data on the regional investigation and competitive landscape structure.
☑ It benefits in creating an awareness of the important key product segments.
☑ The marketing strategies, opportunities, and development factors are explained.
☑ Gene Panel market size estimation and recent advancements in the industry are explained.
The Study Objectives are:
✔ A comprehensive insight into key players operating in the Gene Panel Market and their corresponding data.
✔ It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
✔ Regional analysis, which includes insight into the dominant market and corresponding market share.
✔ It also includes various socio-economic factors affecting the evolution of the market in the region.
✔ The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.
Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Gene Panel Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Gene Panel Industry Impact
Chapter 2 Global Gene Panel Competition by Types, Applications, and Top Regions and Countries
2.1 Global Gene Panel (Volume and Value) by Type
2.3 Global Gene Panel (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Gene Panel Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Gene Panel Market Analysis
Chapter 6 East Asia Gene Panel Market Analysis
Chapter 7 Europe Gene Panel Market Analysis
Chapter 8 South Asia Gene Panel Market Analysis
Chapter 9 Southeast Asia Gene Panel Market Analysis
Chapter 10 Middle East Gene Panel Market Analysis
Chapter 11 Africa Gene Panel Market Analysis
Chapter 12 Oceania Gene Panel Market Analysis
Chapter 13 South America Gene Panel Market Analysis
Chapter 14 Company Profiles and Key Figures in Gene Panel Business
Chapter 15 Global Gene Panel Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology
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