Europe Genetic Testing Services Market to 2027 - Regional Analysis and Forecasts by Type (Predictive Testing, Carrier Testing, Prenatal Testing, New-born Screening and Others), Disease (Cancer Disease, Metabolic Diseases, Cardiovascular Diseases and Others), Service Provider (Diagnostic Laboratories, Hospital-Based Laboratories and Clinics) and Country

TIPRE00009240 | Pages: 170 | Medical Device | Feb 2020 | Type: Regional | Status: Published

The Europe Genetic testing services market is expected to reach US$ 5,840.9 Mn in 2027 from US$ 2,521.6 Mn in 2019. The market is estimated to grow with a CAGR of 11.4% from 2020-2027.

 

The growth of the market is driven by factors such as rising prevalence of the genetic diseases and rise in awareness & acceptance of personalized medicines. Also, growing preference towards Direct-To-Consumer (DTC) genetic testing, support of government to adopt genetic testing services is positively impacting the growth of the market in the review period. In addition, various strategic initiatives by the manufacturers, new product launch along with artificial intelligence (AI) powered genetic testing is likely to boost the growth of market..

 

European countries have undertaken a number of initiatives to increase awareness among people about the benefits of genetic testing. For instance, EuroGentest is a project funded by the European Commission to harmonize the process of genetic testing, from sampling to counseling, across Europe. The ultimate goal is to ensure that all aspects of genetic testing are of high quality, thereby providing accurate and reliable results for the benefit of the patients.

 

Furthermore, per, Genetic Disorders UK, as of 2018, It is estimated that 1 in 25 children is affected by a genetic disorder. This means that in the UK, 30,000 babies and children are newly diagnosed each year, and more than 2.4 million children and adults are living with a genetic disorder. Moreover, according to the study the prevalence of cancer is expected to rise up to 4 million by 2030. The practice of genetic testing for hereditary cancer syndromes has changed dramatically in recent years which has increased the demand for genetic testing to detect cancer risks.

 

Moreover, in 2019, the government announced, Early Disease Detection Research Project UK which is a significant new initiative that will focus on the major chronic diseases of adult life, including all cancers, cardiovascular disease, chronic inflammatory disease, metabolic diseases such as obesity and diabetes and neurodegenerative disease. Furthermore, companies, such as Centogene and NIMGenetics, offer an extensive range of genetic diagnostic services in the European region, which is further propelling the growth of the market

 

France has well-developed policies and strategies in place for improving the prevention of hereditary cancers. Also, France is planning to develop a national plan for personalized medicine. ‘Genomic Medicine France 2025’, which was published in 2016, which appeals for healthcare and manufacturing firms to pilot genomic sequencing platforms. By 2020 the aim is to establish a network of centers able to process around 235,000 samples for whole genome sequencing.

 

Rest of Europe Genetic testing services market Revenue and Forecasts to 2027 (US$ Bn)

Rest of Europe Genetic testing services market

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EUROPE GENETIC TESTING SERVICES – MARKET SEGMENTATION


Europe Genetic Testing Services – By Type

  • Predictive Testing
  • Carrier Testing
  • Prenatal Testing
  • New-born Screening
  • Others

Europe Genetic Testing Services – By Disease

  • Cancer
  • Metabolic Diseases
  • Cardiovascular Diseases
  • Others

Europe Genetic Testing Services – By Service Provider

  • Cancer
  • Diagnostic Laboratories
  • Hospital-Based Laboratories
  • Clinics

Europe Genetic Testing Services – By Country

  • France
  • Germany
  • U.K.
  • Spain
  • Italy


Companies Mentioned

  • Thermo Fischer Scientific Inc.
  • Laboratory Corporation of America Holdings
  • F. Hoffmann-La Roche Ltd.
  • Illumina, Inc.
  • Quest Diagnostics Incorporated
  • Exact Sciences Corporation
  • NeoGenomics Laboratories, Inc.
  • Eurofins Scientific
  • Ambry Genetics
  • Centogene AG
  • 23andMe, Inc.

1.           Introduction

1.1         Scope Of The Study

1.2         The Insight Partners Research Report Guidance

2.           Europe Genetic Testing Services Market – Key Takeaways

3.           Europe Genetic Testing Services Market – Market Landscape

3.1         Overview

3.2         Market Segmentation

3.2.1        Europe Genetic Testing Services Market – By Type

3.2.2        Europe Genetic Testing Services Market – By Disease

3.2.3        Europe Genetic Testing Services Market – By Service Provider

3.2.4        Europe Genetic Testing Services Market – By Country

3.3         PEST Analysis

3.4         Expert Opinions

4.           Europe Genetic Testing Services Market-Key Market Dynamics

4.1         Key Market Drivers

4.1.1        Rising Prevalence of the Genetic Diseases in Europe

4.1.2        Rise in Awareness & Acceptance of Personalized Medicines

4.2         Key Market Restraints

4.3         Social and Ethical Implications of Genetic Testing

4.4         Key Market Opportunities

4.4.1        Growing Preference towards Direct-To-Consumer (DTC) Genetic Testing in Europe

4.5         Future Trends

4.5.1        Artificial Intelligence (AI) Powered Genetic Testing

4.6         Impact Analysis Of Drivers And Restraints

5.           Genetic Testing Services Market – Europe Analysis

5.1         Europe Genetic Testing Services Market Revenue Forecasts And Analysis

5.2         Market Positioning

5.3         Performance Of Key Players

5.3.1        Thermo Fischer Scientific Inc.,

5.3.2        F. Hoffmann-La Roche Ltd

5.3.3        Illumina, Inc.

6.           Europe Genetic Testing Services Market Analysis –  By Type

6.1         Overview

6.2         Europe Genetic Testing Services Market, By Product, 2019 & 2027 (%)

6.3         Europe Genetic Testing Services Market Revenue And Forecasts To 2027, By Type (Us$ Mn)

6.4         New-born Screening Market

6.4.1        Overview

6.4.2        New-born Screening Market Revenue and Forecast to 2027 (US$ Mn)

6.5         Prenatal Testing Market

6.5.1        Overview

6.5.2        Prenatal Testing Market Revenue and Forecast to 2027 (US$ Mn)

6.6         Predictive Testing Market

6.6.1        Overview

6.6.2        Predictive Testing Market Revenue and Forecast to 2027 (US$ Mn)

6.7         Carrier Testing Market

6.7.1        Overview

6.7.2        Carrier Testing Market Revenue and Forecast to 2027 (US$ Mn)

6.8         Other Testing’s Market

6.8.1        Overview

6.8.2        Other Testing’s Market Revenue and Forecast to 2027 (US$ Mn)

7.           Europe Genetic Testing Services Market Analysis –  By Disease

7.1         Overview

7.2         Europe Genetic Testing Services Market, By Disease, 2019 & 2027 (%)

7.3         Europe Genetic Testing Services Market Revenue And Forecasts To 2027, By Disease (Us$ Mn)

7.4         Cancer Market

7.4.1        Overview

7.4.2        Cancer Market Revenue and Forecast to 2027 (US$ Mn)

7.5         Metabolic Diseases Market

7.5.1        Overview

7.5.2        Metabolic Diseases Market Revenue and Forecast to 2027 (US$ Mn)

7.6         Cardiovascular Disease Market

7.6.1        Overview

7.6.2        Cardiovascular Disease Market Revenue and Forecast to 2027 (US$ Mn)

7.7         Other Diseases Market

7.7.1        Overview

7.7.2        Other Diseases Market Revenue and Forecast to 2027 (US$ Mn)

8.           Europe Genetic Testing Services Market Analysis –  By Service Provider

8.1         Overview

8.2         Europe Genetic Testing Services Market, By Service Provider, 2019 & 2027 (%)

8.3         Europe Genetic Testing Services Market Revenue And Forecasts To 2027, By Disease (Us$ Mn)

8.4         Diagnostic Laboratories Market

8.4.1        Overview

8.4.2        Diagnostic Laboratories Market Revenue and Forecast to 2027 (US$ Mn)

8.5         Hospital-Based Laboratories Market

8.5.1        Overview

8.5.2        Hospital-Based Laboratories Market Revenue and Forecast to 2027 (US$ Mn)

8.6         Clinics Market

8.6.1        Overview

8.6.2        Clinics Market Revenue and Forecast to 2027 (US$ Mn)

9.           Europe Genetic Testing Services Market Revenue And Forecasts To 2027

9.1         Overview

9.2         Europe Genetic Testing Services Market Revenue And Forecasts To 2027, By Country (%)

9.2.1        Germany Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.2        Germany Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.2.1          Germany Genetic Testing Services Market Revenue And Forecasts to 2027, By Type (US$ Mn)

9.2.2.2          Germany Genetic Testing Services Market Revenue And Forecasts to 2027, By Disease (US$ Mn)

9.2.2.3          Germany Genetic Testing Services Market, Revenue and Forecast to 2027, by Service Provider (US$ Mn)

9.2.3        UK Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.4        UK Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.4.1          UK Genetic Testing Services Market Revenue And Forecasts to 2027, By Type (US$ Mn)

9.2.4.2          UK Genetic Testing Services Market Revenue And Forecasts to 2027, By Disease (US$ Mn)

9.2.4.3          UK Genetic Testing Services Market Revenue And Forecasts to 2027, By Service Provider (US$ Mn)

9.2.5        France Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.6        France Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.6.1          France Genetic Testing Services Market Revenue And Forecasts to 2027, By Type (US$ Mn)

9.2.6.2          France Genetic Testing Services Market Revenue And Forecasts to 2027, By Disease (US$ Mn)

9.2.6.3          France Genetic Testing Services Market Revenue And Forecasts to 2027, By Service Provider (US$ Mn)

9.2.7        Italy Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.8        Italy Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.8.1          Italy Genetic Testing Services Market Revenue And Forecasts to 2027, By Type (US$ Mn)

9.2.8.2          Italy Genetic Testing Services Market Revenue And Forecasts to 2027, By Disease (US$ Mn)

9.2.8.3          Italy Genetic Testing Services Market Revenue And Forecasts to 2027, By Service Provider (US$ Mn)

9.2.9        Spain Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.10     Spain Genetic Testing Services Market Revenue and Forecasts to 2027 (US$ Mn)

9.2.10.1       Spain Genetic Testing Services Market Revenue And Forecasts to 2027, By Type (US$ Mn)

9.2.10.2       Spain Genetic Testing Services Market Revenue And Forecasts to 2027, By Disease (US$ Mn)

9.2.10.3       Spain Genetic Testing Services Market Revenue And Forecasts to 2027, By Disease (US$ Mn)

10.        Genetic Testing Services Market –Industry Landscape

10.1      Overview

10.2      Growth Strategies In The Genetic Testing Services Market, 2017-2020

10.3      Organic Developments

10.3.1     Overview

10.3.2     Organic Growth Strategies In The Genetic Testing Services Market, 2017-2020

10.4      Inorganic Developments

10.4.1     Overview

10.4.2     Inorganic Growth Strategies In The Genetic Testing Services Market, 2017-2020

11.        Genetic Testing Services Market–Key Company Profiles

12.        Genetic Testing Services Market- Key Company Profiles

12.1      Laboratory Corporation of America Holdings

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      F. HOFFMANN-LA ROCHE LTD

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Illumina, Inc.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Quest Diagnostics Incorporated

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Exact Sciences Corporation

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      NeoGenomics Laboratories, Inc.

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Eurofins Scientific

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Ambry Genetics

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      Centogene AG

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10andMe, Inc.

12.10.1  Key Facts

12.10.2  Business Description

12.10.3  Products and Services

12.10.4  Financial Overview

12.10.5  SWOT Analysis

12.10.6  Key Developments

12.11   THERMO FISHER SCIENTIFIC INC.

12.11.1  Key Facts

12.11.2  Business Description

12.11.3  Products and Services

12.11.4  Financial Overview

12.11.5  SWOT Analysis

12.11.6  Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary Of Terms

13.3      Methodology

13.3.1     Coverage

13.3.2     Secondary Research

13.3.3     Primary Research

LIST OF TABLES

Table 1.             Europe Genetic Testing Services market Revenue And Forecasts to 2027, By Type (US$ Mn)

Table 2.             Europe Genetic Testing Services market Revenue And Forecasts to 2027, By Disease (US$ Mn)

Table 3.             Europe Genetic Testing Services market Revenue And Forecasts to 2027, By disease (US$ Mn)

Table 4.             Germany Genetic Testing Services market Revenue And Forecasts to 2027, By Type (US$ Mn)

Table 5.             Germany Genetic Testing Services market Revenue And Forecasts to 2027, By Disease (US$ Mn)

Table 6.             Germany Genetic Testing Services Market, Revenue and Forecast To 2027, by Service Provider (US$ Mn)

Table 7.             UK Genetic Testing Services market Revenue And Forecasts to 2027, By Type (US$ Mn)

Table 8.             UK Genetic Testing Services market Revenue And Forecasts to 2027, By Disease (US$ Mn)

Table 9.             UK Genetic Testing Services market Revenue And Forecasts to 2027, By Service Provider (US$ Mn)

Table 10.          France Genetic Testing Services market Revenue And Forecasts to 2027, By Type (US$ Mn)

Table 11.          France Genetic Testing Services market Revenue And Forecasts to 2027, By Disease (US$ Mn)

Table 12.          France Genetic Testing Services market Revenue And Forecasts to 2027, By Service Provider (US$ Mn)

Table 13.          Italy Genetic Testing Services market Revenue And Forecasts to 2027, By Type (US$ Mn)

Table 14.          Italy Genetic Testing Services market Revenue And Forecasts to 2027, By Disease (US$ Mn)

Table 15.          Italy Genetic Testing Services market Revenue And Forecasts to 2027, By Service Provider (US$ Mn)

Table 16.          Spain Genetic Testing Services market Revenue And Forecasts to 2027, By Type (US$ Mn)

Table 17.          Spain Genetic Testing Services market Revenue And Forecasts to 2027, By Disease (US$ Mn)

Table 18.          Spain Genetic Testing Services market Revenue And Forecasts to 2027, By Disease (US$ Mn)

Table 19.          Recent Organic Growth Strategies In The Genetic Testing Services Market

Table 20.          Recent Inorganic Growth Strategies In The Genetic Testing Services Market

Table 21.          Glossary of Terms, Genetic Testing Services market
 

LIST OF FIGURES

Figure 1.           Germany Genetic Testing Services Market, Revenue (US$ Mn), By 2019 & 2027

Figure 2.           Europe Genetic Testing Services Market By Type , Market Share (%), 2019

Figure 3.           Europe Genetic Testing Services Market By Disease, Market Share (%), 2019

Figure 4.           Europe Genetic Testing Services Market By Service Provider, Market Share (%), 2019

Figure 5.           Genetic Testing Services Market Segmentation

Figure 6.           Europe PEST Analysis

Figure 7.           Genetic Testing Services Market Impact Analysis Of Driver And Restraint

Figure 8.           Europe Genetic Testing Services Market – Revenue Forecasts And Analysis – 2019- 2027

Figure 9.           Europe Genetic Testing Services Market By Type, 2019 & 2027 (%)

Figure 10.        Predictive Testing Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 11.        Prenatal Testing Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 12.        Predictive Testing Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 13.        Carrier Testing Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 14.        Carrier Testing Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 15.        Europe Genetic Testing Services Market By Disease, 2019 & 2027 (%)

Figure 16.        Cancer Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 17.        Metabolic Disease Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 18.        Cardiovascular Disease Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 19.        Other Diseases Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 20.        Europe Genetic Testing Services Market By Service Provider, 2019 & 2027 (%)

Figure 21.        Diagnostic Laboratories Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 22.        Hospital-Based Laboratories Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 23.        Clinics Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 24.        Europe Genetic Testing Services Market REVENUE, By Country, 2018 (US$ MN)

Figure 25.        Europe Genetic Testing Services Market Revenue And Forecasts To 2027, By Country (%)

Figure 26.        Germany Genetic Testing Services Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 27.        UK Genetic Testing Services Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 28.        France Genetic Testing Services Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 29.        Italy Genetic Testing Services Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 30.        Spain Genetic Testing Services Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 31.        Growth Strategies In The Genetic Testing Services Market, 2017-2020

 

The List of Companies - Europe Genetic Testing Services Market

 

  1. Thermo Fischer Scientific Inc.
  2. Laboratory Corporation of America Holdings
  3. F. Hoffmann-La Roche Ltd.
  4. Illumina, Inc.
  5. Quest Diagnostics Incorporated
  6. Exact Sciences Corporation
  7. NeoGenomics Laboratories, Inc.
  8. Eurofins Scientific
  9. Ambry Genetics
  10. Centogene AG
  11. 23andMe, Inc.

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the genetic testing services market.

 

  • Highlights key business priorities in order to assist companies to realign their business strategies.

 

  • The key findings and recommendations highlight crucial progressive industry trends in the Europe genetic testing services market, thereby allowing players across the value chain to develop effective long-term strategies.

 

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

 

  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.

 

  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

 

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