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Precision Cardiology Market - A Global and Regional Analysis

Focus on Offering, Sample, Technology, Application, End User, and Region - Analysis and Forecast, 2021-2031

 
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The global market for precision cardiology is predicted to grow at a CAGR of 12.90% over the forecast period of 2021-2031.
The top market players are ARUP Laboratories, CENTOGENE N.V., Eurofins Scientific, Exact Sciences Corporation, Fulgent Genetics, Inc., Illumina, Inc., Invitae Corporation, Konica Minolta, Inc., Laboratory Corporation of America Holdings, OPKO Health, Inc., OraSure Technologies, Inc., PerkinElmer Inc., Quest Diagnostics Incorporated, Sema4 OpCo, Inc., Thermo Fisher Scientific Inc., GENinCode, Devyser Diagnostics AB.
Factors driving the growth of the precision cardiology market are rising burden of cardiovascular diseases, increasing focus on early cardiovascular disease (CVD) screening, and decreasing cost of sequencing.
Some of the main challenges restricting the growth of the precision cardiology market are lack of established regulatory policies in the precision cardiology ecosystem, lack of high complexity testing centers, and existing diagnostic confidence on conventional cardiovascular disease (CVD) tests.
The main opportunity that is likely to boost the growth of the precision cardiology market is massive scope for adoption of NGS-based cardiology tests in emerging markets.
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