Pharmacogenetic Testing Market will project a CAGR of 8.70% during the forecast period of 2023 to 2030.

 

  • The increasing popularity of precision medicine mainly enhances the pharmacogenomics market. It has also been seen that increasing research and development expenditure on pharmacogenomics technologies, is in turn, contributing to the fast development of novel products. The high prevalence rate of adverse drug reactions also leads to the increasing adoption of pharmacogenomics in the global market.  
  • Data Bridge Market Research analyses that the pharmacogenetic testing market, which was USD 6.15 billion in 2022, would rise to USD 12 billion by 2030 and is expected to undergo a CAGR of 8.70% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Definition

  • A pharmacogenetic test, also known as the drug-gene test, is employed to study and determine the interactions between drugs and the genetic building of the individual. It has been witnessed that numerous people react differently to drugs which depend upon the expression of the genes induced by the drug. It can correctly predict drug metabolism and clearance rate based on an individual's genetic makeup.
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Pharmacogenetic Testing Market Segmentation

The pharmacogenetic testing market is segmented on the basis of type, sample, therapeutic area, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Single Gene Tests
  • Array-Based Tests
  • Whole Genome Sequencing
  • NGS and Whole Exome Sequencing

Sample

  • Blood
  • Saliva

Therapeutic Area

  • Oncology
  • Neurology
  • Cardiology
  • Genomics
  • Immunology
  • Hypersensitivity
  • Others

Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Mail-Order Pharmacies
  • Direct-To-Customer Service

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Pharmacogenetic Testing Market Country Level Analysis

The countries covered in the pharmacogenetic testing market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The major players covered in the Pharmacogenetic Testing Market

  • Sonic Healthcare Limited (Australia)
  • OneOme, LLC (U.S.)
  • Hoffmann-La Roche Ltd (Switzerland)
  • Hologic, Inc. (U.S)
  • BIOMÉRIEUX (France)
  • QIAGEN (Germany)
  • Thermo Fisher Scientific (U.S)
  • Siemens (Germany)
  • Danaher (U.S)
  • Myriad Genetics Inc. (U.S.)
  • Illumina Inc. (U.S)
  • Bayer AG (Germany)
  • BGI (China)
  • PacBio (U.S.)
  • Eurofins Scientific (Luxembourg)
  • Luminex Corporation (U.S)

TOC of the report

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Get TOC details from here:  https://www.databridgemarketresearch.com/toc/?dbmr=global-pharmacogenetic-testing-market       

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