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Genetic Counseling Market to See Booming Growth in the Coming Year 2028 | InformedDNA, Color Genomics, and GeneDX

March 20th, 2023 MarkNtel Advisors Releases

MarkNtel Advisors’ industry professionals present a comprehensive and professional study of the Genetic Counseling Market. The study is a perfect blend of quantitative and qualitative data that highlights the industry’s competition as well as gap analysis, key market developments, challenges, new opportunities, and market trends. During the forecast period 2023-2028, the Genetic Counseling Market is expected to grow at a CAGR of 11.5%.

Key Objectives of the Study:

  • To provide in-depth information on the critical factors influencing the market growth.
  • To evaluate the market competition, including new product/service launches, market expansions, contracts, and acquisitions.
  • To examine the market in terms of distinct growth trends, market share contributions, and potential future growth.
  • To develop a strategic profile of the major market players and conduct an in-depth analysis of their expansion plans.
  • The value of a product or service will be determined by key segments and geographical areas using historical data and projections through 2028.
  • Recognizing the numerous sub-segments within the Genetic Counseling market is required to comprehend its structure.
  • To identify, characterize, and analyzes market share, market value, competitive landscape, SWOT analysis, Porter’s Five Forces analysis, and expansion plans for major market players throughout the forecast period.
  • To identify key geographic areas that will dominate and expand (together with each of their primary countries).
  • Identify, characterize, and analyze major market players’ market share, market value, competitive landscape, SWOT analysis, Porter’s Five Forces analysis, and expansion plans over the forecast period.
  • To forecast the dominance and growth of major geographic regions (together with each of their primary countries).

Link To Download A Free Sample PDF (Included Full Description+TOC) of Study Report – Download Now For Free

Market Dynamic

This report offers a comprehensive examination of the Genetic Counseling market analysis. The market estimates in the report are based on extensive research, interviews, and internal expert reviews. These market estimates were developed by investigating the various political, social, and economic factors influencing the development of the Genetic Counseling market, as well as current market dynamics.

Regional Growth Data

The Genetic Counseling market is bifurcated into North America, Europe, Asia-Pacific, South America, Middle East & Africa. Of all region globally, Asia-Pacific is anticipated to make prominent contribution to the overall expansion of the Genetic Counseling Market during 2023-28. This growth is driven by the swift development of the healthcare industry across different countries like India and China, which are experiencing significant investments in healthcare and infrastructure, generating opportunities for the players indulged in genetic counseling. Besides, greater government focus on bringing cost-effectiveness & scalability for the general public shall also cater to the market expansion in Asia-Pacific.

Top Participants Analysis

The study provides useful information that can be used to better understand the market and develop effective business expansion strategies. This section provides a thorough examination of new market entrants and current competitors in the Genetic Counseling industry, covering major issues such as market positioning and potential growth strategies. The study examines the competitive environment of the Genetic Counseling market and provides detailed profiles of the key players. The companies listed are as follows:

  •  – Quest Diagnostics Incorporated
  • – Laboratory Corporation of America
  • – Genome Medical Inc.
  • – Invitae Corporation
  • – GeneMatters
  • – EasyDNA
  • – AT-GC
  • – Arup Laboratories
  • – MyOncoPath
  • – Geneanet
  • – Biron Health Group
  • – Metis Genetics, LLC
  • – GeneScreen, LLC
  • – GeneHealth UK
  • – Veritas Genetics
  • – Ancestry
  • – Laboratory Corporation of America
  • – InformedDNA
  • – Color Genomics
  • – GeneDX
  • – GenPath Diagnostics

This covers a review of the top market players’ earnings, product offerings, key business models, and overall revenue produced during the past few years.

Some of Latest Development in the Genetic Counseling Industry

  • In January 2022, 23andMe Holding Co. received FDA clearance for a genetic health risk report on a Hereditary Prostate Cancer (HOXB13-Related) marker, i.e., the company’s third cancer risk report clearance, following the FDA’s prior authorization for BRCA1/BRCA2 (Selected Variants) Genetic Health Risk report & its clearance for MUTYH-Associated Polyposis (MAP), a hereditary colorectal cancer syndrome. These three are the only DTC genetic health risk reports for inherited cancers that have been FDA authorized for use without a prescription.
  • In August 2021, Ancestry® announced entering into an agreement to acquire Geneanet, the free family tree platform of which and the engaged community with Ancestry’s global subscriber base & unparalleled historical records shall enable family history discoveries & connections for even more people worldwide.

See More About Genetic Counseling Market Ongoing Trends, Growth Drivers, and Opportunity, Goto @ – https://www.marknteladvisors.com/research-library/global-genetic-counseling-market.html

Complete Segmentation Study:

The research includes precise statistical data, facts, trends, statistics, and industry segmentation insights. It concentrates on and discusses the major market segments and includes a geographical analysis. The market under study is categorized using the following standards.:

Segment Divided into, By Business Models

  • Core Genetic Counseling
  • Direct-to-Consumer Testing
  • Clinical Genetic Testing

Segment Divided into, By Approach

  • Integrated Genetic Counseling
  • Discretionary Genetic Counseling
  • Independent Genetic Counseling

Segment Divided into, By Application

  • Intent-to-Treat Patients
  • Proactive Risk Assessment
  • Pediatric Care
  • Prenatal and Preconception Care
  • Others

Segment Divided into, By Service Type

  • Risk Assessment
  • Pharmacogenomics
  • Other Genetic Counseling Services

Segment Divided into, By Target End Users

  • General Population
  • Patients

Segment Divided into, By Level of Service

  • Pre-counseling Support
  • Post Counseling Support

Recognizing the significance of various elements that support market growth is made easier by understanding the segments.

Sent Your Request Here, For Your Any Query or Want to Take Benefit of Our Customization Service – Sent Now

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About MarkNtel Advisors

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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