June 13, 2024

Based on Fortune Business Insights’ report, the global US genetic testing market sector attained a worth of USD 4.11 billion in 2019. Forecasts indicate a promising path ahead, foreseeing a Compound Annual Growth Rate (CAGR) of 13% from 2020 to 2027. This trajectory is expected to culminate in a noteworthy achievement of USD 10.29 billion by 2027, highlighting considerable opportunities within this flourishing high-volume industry.

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This report provides a thorough investigation of the US genetic testing market, encompassing detailed quantitative analysis of present trends and projected estimations from 2023. Such analysis proves valuable in pinpointing available market prospects. Furthermore, the report delves deeply into regional analysis, facilitating stakeholders in devising tailored plans for specific regions. Additionally, it offers a comprehensive examination of the drivers and inhibitors of global US genetic testing market growth. Lastly, the report meticulously scrutinizes market conditions on both regional and national scales

Important subjects addressed in the US Genetic Testing Market report include:

• Comprehensive evaluation of the global market.
• Key aspects highlighted in the market survey.
• Competitive landscape analysis, focusing on key players.
• Regional analysis encompassing demand, sales, and revenue trends.
• Exploration of opportunities in emerging economies.

This report provides market leaders and new entrants with valuable insights into US genetic testing market, including revenue approximations for both the overall market and its subsegments. Stakeholders can leverage this information to comprehend the competitive landscape and strategize effectively for market positioning and go-to-market strategies. Additionally, the report offers a comprehensive understanding of market dynamics, including key drivers, restraints, challenges, and opportunities, enabling stakeholders to gauge the market pulse accurately.

The most recent report by Fortune Business Insights identifies key opportunities for market expansion over the forecast period. In this report, market opportunities are plotted using a detailed study of the current US genetic testing market scenario, mergers & acquisitions, investments in research & development, technological developments, novel marketing strategies, and buyers’ behavior. The key opportunities covered in the report will provide a better understanding of the global US genetic testing market and its future growth.

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The report covers the following key players:

  • Invitae Corporation (San Francisco, US)
  • Ambry Genetics (Aliso Viejo, US)
  • BioReference Laboratories, Inc. (Elmwood Park, US)
  • Progenity, Inc. (San Diego, US)
  • Quest Diagnostics Incorporated (Secaucus, US)
  • Myriad Genetics, Inc. (Salt Lake City, US)
  • Fulgent Genetics (Temple City, US)
  • Burning Rock Biotech Limited (Guangzhou, China)

The report will act as a foundational resource for conducting a comprehensive 360-degree analysis, integrating various models extensively. By meticulously studying historical and current growth parameters, the report precisely determines the growth prospects of the US genetic testing market.

Key points included in the Table of Contents (TOC) are as follows:

• US Genetic Testing Market Overview and Scope
• Exploration of US Genetic Testing Market’s global sales volume and Compound Annual Growth Rate (CAGR)
• Regional breakdown of total consumption
• The most recent industry outlook for US Genetic Testing Market
• Analysis of drivers impacting US Genetic Testing Market
• Identification of emerging trends
• Forecast of revenue for US Genetic Testing Market
• Geographical breakdown of US Genetic Testing Market market, including current price and gross margin analysis
• Examination of market dynamics, risks, and challenges
• Application of Porter’s Five Forces analysis
• Highlighting key developments such as mergers, acquisitions, etc.
• In-depth analysis, insights, and forecast for US Genetic Testing Market, including global end users and applications.

TOC Continued……………

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