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Europe Hereditary Genetic Testing Market - A Regional Analysis

Focus on Products, Sample Type, Applications, and Nordic and Baltic Region, Country Data (12 Countries), and Competitive Landscape - Analysis and Forecast, 2020-2031

 
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The market for Europe hereditary genetic testing is predicted to grow at a CAGR of 13.34% during the forecast period 2021-2031.
The top market players are Agilent Technologies, Inc., Woble Helsinki Oy, Negen Oy, Devyser, CeGat GmbH, Beijing Genomics Institute (BGI), BerGenBio ASA, Eurofins Scientific SE, F. Hoffmann-La Roche Ltd, Illumina, Inc., Myriad Genetics, Inc., Alnylam Pharmaceuticals, Inc., Quest Diagnostics Incorporated, Thermo Fisher Scientific Inc.
Factors driving the growth of the Europe hereditary genetic testing market are increasing awareness toward hereditary genetic testing, rising prevalence of genetic disorders, and increasing research funding in the field of genomics.
The main challenges restricting the growth of Europe hereditary genetic testing market are high cost of genetic testing and stringent regulatory standards.
The main opportunities in the Europe hereditary genetic testing market are technological advancements in the hereditary genetic testing process and growing demand for direct-to-consumer (DTC) testing service.
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