Genotyping Market Trends, Growth Revenue, Overview By 2024-2033

The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.

The Genotyping Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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https://www.thebusinessresearchcompany.com/report/genotyping-global-market-report

According to The Business Research Company’s Genotyping Global Market Report 2024, The genotyping market size has grown rapidly in recent years. It will grow from $19.71 billion in 2023 to $22.9 billion in 2024 at a compound annual growth rate (CAGR) of 16.2%.  The  growth in the historic period can be attributed to government initiatives and funding, rapid decline in genotyping costs, expansion of biobanks and genetic databases, increasing prevalence of genetic disorders, pharmacogenomics and drug development.The genotyping market size is expected to see rapid growth in the next few years. It will grow to $42.84 billion in 2028 at a compound annual growth rate (CAGR) of 17.0%.

Rising demand for genetic testing is expected to propel the growth of the genotyping market going forward. Genetic testing, also known as DNA testing or molecular testing, involves the analysis of an individuals DNA (deoxyribonucleic acid) to identify variations, mutations, or alterations in their genetic code. Genotyping is used in genetic testing to provide specific information about an individuals genetic variations or differences in their DNA. For instance, in October 2023, according to the STAT, a US -based media company, in November 2022, the utilization of genetic testing increased by 15% compared to November 2021. Additionally, genetic tests comprise approximately 10% of all lab tests and the percentage is growing. Therefore, the rising demand for genetic testing is driving the growth of the genotyping market.

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The genotyping market covered in this report is segmented –
1) By Product And Services: Instruments, Reagents And Kits, Bioinformatics, Genotyping Service
2) By Technology: Microarrays, Capillary Electrophoresis, Sequencing, Polymerase Chain Reaction, Matrix-Assisted Laser Desorption Or Ionization (Maldi-Tof) Mass Spectrometry, Other Technologies
3) By Application: Pharmacogenomics, Diagnostics and Personalized Medicine, Animal Genetics, Agricultural Biotechnology, Other Applications
4) By End-User: Pharmaceutical And Biopharmaceutical Companies, Diagnostics And Research Laboratories, Academic Institutes, Other End-Users

Top Major Players

Hoffmann-La Roche Ltd.,

Thermo Fisher Scientific Inc.,

Laboratory Corporation of America Holdings,

Eurofins Scientific SE,

Agilent Technologies

The genotyping market report table of contents includes:
           1. Executive Summary

2. Genotyping Market Characteristics
3. Genotyping Market Trends And Strategies
4. Genotyping Market – Macro Economic Scenario
5. Global Genotyping Market Size and Growth
6. Genotyping Market Segmentation
7. Genotyping Market Regional And Country Analysis

…………..

34. Key Mergers And Acquisitions In The Genotyping Market
35. Genotyping Market Future Outlook and Potential Analysis
36. Appendix

    List Of Tables :

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Genotyping Market, Segmentation By Product And Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Genotyping Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Genotyping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

…………….

Table 75: F. Hoffmann-La Roche Ltd. Financial Performance

Table 76: Thermo Fisher Scientific Inc. Financial Performance

Table 77: Laboratory Corporation of America Holdings Financial Performance

Table 78: Eurofins Scientific SE Financial Performance

Table 79: Agilent Technologies Financial Performance 

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