MarkNtel Advisors Research Analyses that Gene Panel Market size was valued at around USD 3.1 billion in 2023 & is estimated to grow at a CAGR of around 14.2% during the forecast period, i.e., 2024-30.
Which are the top companies operating in the Gene Panel Market?
Illumina, Inc., Thermo Fisher Scientific Inc., Agilent Technologies, Qiagen Inc., Eurofins Scientific Se, BGI, F. Hoffmann-La Roche AG, Integrated DNA Technologies Inc., Genewiz, Inc., Novogene Corporation, Personalis, Inc., Gatc Biotech AG, Archerdx, Genedx, Centogene AG, and others
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Competitive Landscape and Gene Panel Market Share Analysis:
The competitive landscape of the Gene Panel market offers detailed insights by company. These insights include company overviews, financial performance, revenue specific to the Gene Panel market, segment market potential, R&D investments, new market strategies, global footprint, production sites and capacities, key strengths and weaknesses, product launches, product range and diversity, as well as dominant applications.
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Research Scope and Market Categories:
By Product & Service
- Test Kits- Market Size & Forecast 2019-2030, USD Million
- Testing Services- Market Size & Forecast 2019-2030, USD Million
By Technique
- Amplicon Based Approach- Market Size & Forecast 2019-2030, USD Million
- Hybridization Based Approach- Market Size & Forecast 2019-2030, USD Million
By Design
- Predesigned Gene Panel- Market Size & Forecast 2019-2030, USD Million
- Customized Gene Panel- Market Size & Forecast 2019-2030, USD Million
By Application
- Cancer Risk Assessment- Market Size & Forecast 2019-2030, USD Million
- Diagnosis of Congenital Diseases- Market Size & Forecast 2019-2030, USD Million
- Pharmacogenetics- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
By End User
- Academic & Research Institutes- Market Size & Forecast 2019-2030, USD Million
- Hospital & Diagnostic Laboratories- Market Size & Forecast 2019-2030, USD Million
- Pharmaceutical & Biotechnology Companies- Market Size & Forecast 2019-2030, USD Million
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Which are the driving factors of the Gene Panel Market?
Increasing incidences of Cancer & Genetic Disorders – The increase in the number of cancer and other genetic disorders are the key drivers of the Gene Panel Market. For instance,
- As per Global Cancer Statistics 2024, an estimated 20 million cancer cases were newly diagnosed in 2022 and 9.7 million people died from the disease worldwide. By 2050, the number of cancer cases is predicted to reach around 35 million.
An increase in such cases drives the demand for genetic tests that can identify specific mutations and guide some targeted treatment or therapy. Additionally, an increase in awareness against genetic disorders fuels the need for gene panels for early diagnosis and management if found some symptoms. Multi-genes panels focus on a wide range of genetic conditions simultaneously hence finding the disorder in no time. Moreover, as gene panels diagnose only a specific set of genes instead of all genes inside the body, they save time as well as cost hence increasing their demand and ultimately augmenting the revenue growth of the gene panel industry globally.
Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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.
Comprehensive Table of Contents Gene Panel Market Analysis and Forecast (2024-2030)
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Research Methodology
- Overview of Methodological Approaches
- Study Objectives
- Foundational Methodology
- Scope Definition
- Key Assumptions and Limitations
- Forecasting Approach
- Macroeconomic Outlook
- Gene Panel Market Porters Five Forces Analysis
- Gene Panel Market Supply Chain Analysis
- Gene Panel Market Trends & Insights
- Gene Panel Market Dynamics
- Drivers
- Challenges
- Gene Panel Market Growth Opportunities & Hotspots
- Gene Panel Market Policy & Regulations
- Gene Panel Market Pricing Analysis
- Gene Panel Market Outlook, 2020-2030F
- Market Size & Outlook
- Revenues (USD Million)
- Units Sold
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