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  4. > North America Genetic Testing Market – Industry Analysis And Market Forecast (2015-2020)

The genetic testing market in North America is the largest in the world and is estimated at US$ 11 billion in 2015 and is forecasted to reach value of US$ 23 Billion by the end of 2020 growing with CAGR of 18% during this period.Genetic testing offers the prospects for fastest growth among all other segments within the molecular diagnostics market. Primary growth drivers for genetic testing include high incidence of genetic diseases, aging population and greater awareness.

Personalized medicine is one area that is likely to benefit greatly from technological developments in genetic testing, which is of assistance not only in better diagnosis of genetic diseases but also in deciding on the most ideal medical regimen based on an individual’s DNA structure for ensuring that the drug responds in a superior manner.

In the realm of personalized medicine Direct-to-consumer (DTC) genetic testing has emerged as a major trend in the market and is expected to make a positive impact on the overall growth of the genetic testing market In North America, the United States is set to have the highest demand for genetic testing and this demand is estimated to outpace the cumulative North American CAGR in the time frame 2015 to 2020. Newborn screening leads the regions genetic testing market.

The research report titled "North American Genetic Testing Market- Industry analysis and Market forecasts by Mordor Intelligence, provides an in-depth analysis of the geographical and market based factors that affect the growth of the genetic testing market. The report captures the strategic assessment of Indicators, market impact analysis, regional variation, current/ future market trends and profiles of major/niche global market participants.

Table Of Contents

North America Genetic Testing Market - Industry Analysis And Market Forecast (2015-2020)
Study Deliverables
Market Definition
Sizing Units
Base Currency
Review and forecast period years
General Study Assumptions
Analysis Methodology
Econometric forecast models
Research Assumptions
Current market scenario
Technology Overview
New developments in therapeutics
Investment analysis
Porters Five Force Analysis
Bargaining Power of suppliers
Bargaining power of buyers
Degree of competition
Threat of substitution
Threat of new entrants
Market Drivers
Increase in the genetic tests' pipeline
Early confirmation of genetic Disorders
Minimal Procedure Risk
Guide Strategies for maintaining Health
Guide Treatment Choices for a variety of diseases
Market Restraints
False positive and false negative results
Potentially adverse personal and societal consequences
Non- inclusion of reimbursement policy
North America Genetic testing market segmentation
By Types
Carrier Testing
Diagnostic testing
Newborn Screening
Predictive and presymptomatic testing
Prenatal Testing
North America Genetic Testing market segmentation - Geography
United States
Mergers and Acquisitions
New Product Launches
Agreements, Collaborations and Partnerships
Abbott Molecular
Ariosa Diagnostics,inc
Biohelix Corporation
Biomerieux S.A
Celera Corporation
Analyst outlook for Investment Opportunities
Future outlook of the market

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