Pediatric Genetic Testing Market Overview: 2023-28

Base Year: 2022

Historical Years: 2018-21

Forecast Years: 2023-28

The Pediatric Genetic Testing Market is projected to grow at a CAGR of around 14% during the forecast period, i.e., 2023-28. Growing consciousness regarding the benefits of pediatric genetic testing stemming from the increasing prevalence of genetic disorders in children over the past few years has encouraged market expansion in the historical years. Other than this, the snowballing demand for personalized medicine and targeted therapies combined with technological developments in platforms and methodologies for genetic testing are likely to bode well for the industry in the long run.

Markntel Advisor’s Pediatric Genetic Testing Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Pediatric Genetic Testing Market drivers, barriers, Pediatric Genetic Testing Market Trends, and Key Players in Pediatric Genetic Testing Market.

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Pediatric Genetic Testing Market Dynamics: 2023-28

Molecular tests verify the diagnosis, project a prognosis and help formulate a treatment plan for children who have cancer or showing the risk of developing cancer. Besides, they play a crucial role in providing genetic counseling and prenatal diagnosis to the family as well. Owing to the potential benefits of molecular testing in diagnosing cancer and enabling people to make informed decisions about managing their children's health care have encouraged the incorporation of genetic-based tests over the course of time, accelerating the market forward.

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Pediatric Genetic Testing Market (2023-28): Segmentation Outlook

The market report has segmented the market into the following categories:

• By Product Type
• Kits
• Reagents
• Laboratory Developed Tests (LDT)
• By Sample Type
• Saliva
• Blood
• Tissue
• Bone Marrow
• By Technology
• Next Generation Sequencing
• Fluorescent In Situ Hybridization (FISH)
• Polymerase Chain Reaction
• Microarray Techniques
• Others
• By Disorder
• Developmental Disorders
• Cardiovascular Disorders
• Neurological Disorders
• Others

According to report, Cardiovascular Disorders is expected to grow at the highest CAGR by 2028 in the Global Pediatric Genetic Testing market, being one of the major causes of death globally, with an estimated 17.9 million lives each year.

·       By Application

o   Clinical Diagnostics

o   Drug Discovery

o   Monitoring and Screening

o   Academic and Research

·       By Origin

o   Inherited Disorders

o   Somatic Disorders

·       By Region

o   North America

o   South America

o   Europe

o   Middle East & Africa

o   Asia-Pacific

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the Pediatric Genetic Testing Market:

• Abbott Laboratories
• BGI Genomics
• Invitae Corporation
• Trivitron Healthcare
• Thermo Fisher Scientific Inc.
• Fulgent Genetics, Inc.
• Quest Diagnostics
• Unilabs Group Services
• Agilent Technologies, Inc.
• Genomic Diagnostics
• PerkinElmer, Inc.
• CENTOGENE N.V
• OPKO Health, Inc.
• Baebies, Inc.
• Eurofins Scientific

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