Global Genetic Testing Market to Post 26% CAGR during 2012-2015
Backed by the active participation of governments and impressive dominance of DTC genetic test providers, global genetic testing market is projected to exhibit a double digit growth, says RNCOS.
( August 1, 2012 - NOIDA, India -- According to a new report by RNCOS, the global genetic testing market is one of the prominent segments of molecular diagnostics. The market is at a nascent stage in terms of revenue but the analysis of recent developments and private sector activities indicate that the future growth is likely to be in double-digit. The active participation of governments and impressive domination of DTC genetic test providers makes the market attractive. In future, the global genetic testing market is expected to grow at a healthy CAGR of around 26% during 2012-2015.

Research Analysis & Highlights

The report entitled "Global Genetic Testing Market Forecast to 2015", by RNCOS provides an extensive research and in-depth analysis of the current status and expected position of the Global Genetic Testing Market. It effectively evaluates the consumer (physicians and users) behavior patterns with respect to Genetic Testing in the US and Canada and takes into account several key issues related to privacy, regulations, cost etc.

The report, moreover, evaluates the role of genetic testing in diseases, such as Cancer, Cystic Fibrosis, and Alzheimer. An optimum insight into the emerging sectors namely Next Generation Sequencing and Genomic Biomarkers has also been provided in the research.

The report also covers an in-depth assessment of prominent companies offering tools/equipments in the genetic testing market. Overall, the report is an effective description of Global Genetic Testing Market Analysis and is likely to provide clients with an optimum source of knowledge, statistics, and insight on the same.

Some of the report's key highlights include:

- Companion Diagnostics is the Focus Area in Genetic Testing Market.
- International Regulations to Become Feasible but at the same time More Stringent.
- Rising Awareness to Drive Global Genetic Testing Market.

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