April 13, 2024

Reproductive Genetics Market Analysis Report 2024-2032,

Dublin, March 28, 2024 (GLOBE NEWSWIRE) — The “Reproductive Genetics Market Report by Product Type, Procedure Type, Technology, Application and Region 2024-2032” report has been added to ResearchAndMarkets.com’s offer.

The global reproductive genetics market size reached US$5.7 billion in 2023 and is expected to reach US$50.1 billion by 2032, exhibiting a growth rate (CAGR) of 27.3% during 2023-2032. Growing awareness and understanding of genetic diseases among the masses, growing adoption of preventative healthcare, and rising fertility rates leading to greater utilization of assisted reproductive technologies (ART) represent some of the key factors driving the market .

Reproductive genetics market trends:

The global market is mainly driven by the growing awareness and understanding of genetic diseases among the masses. Additionally, the growing adoption of preventive healthcare, leading to more prospective parents undergoing genetic testing to understand the risks of genetic diseases in their future children, is fueling the market. With increasing fertility rates, there is greater use of assisted reproductive technologies (ART) such as in vitro fertilization (IVF) and surrogacy, which is creating a positive market outlook. In line with this, ongoing technological developments in advanced genetic testing techniques, such as Next Generation Sequencing (NGS) and high-resolution microarrays, are stimulating the market.

Furthermore, increasing maternal age, resulting in greater susceptibility to chromosomal abnormalities in women, is giving a boost to the market. Furthermore, governments in several countries are increasingly supporting genetic research and testing, thus catalyzing market growth. The market is further driven by the increasing accessibility of genomic sequencing procedures, resulting in greater accessibility among the masses. Some of the other factors contributing to the market include inflation in income levels, especially in developing countries, the proliferation of organizations offering direct-to-consumer genetic testing, ongoing innovations in personalized medicine, and extensive research and development (R&D) activities. .

Key Market Segmentation:

The report provides an analysis of key trends in each segment of the global reproductive genetics market, along with global, regional and country-level forecasts from 2024-2032. The report categorized the market based on product type, procedure type, technology, and application.

Product type information:

  • Sets
  • Laboratory Developed Tests (LDT)
  • Reagents and Consumables

The report provided a detailed breakdown and analysis of the reproductive genetics market based on product type. This includes kits, laboratory developed tests (LDT), and reagents and consumables. According to the report, kits represented the largest segment.

Information about the type of procedure:

  • Carrier screening
  • Prenatal screening
  • Preimplantation genetic testing
  • Genetic Infertility Test

A detailed breakdown and analysis of the reproductive genetics market based on procedure type has also been provided in the report. This includes carrier screening, prenatal screening, preimplantation genetic testing, and genetic infertility testing. According to the report, carrier screening accounted for the largest market share.

Technology information:

  • Next generation sequencing
  • Polymerase Chain Reaction
  • In Situ Hybridization (ISH/FISH)
  • Microarray

The report provided a detailed breakdown and analysis of the reproductive genetics market based on technology. These include next-generation sequencing, polymerase chain reaction, in situ hybridization (ISH/FISH), and microarray. According to the report, next-generation sequencing represented the largest segment.

Application information:

  • Aneuploidy
  • Structural Chromosomal Abnormality
  • Single gene disorder
  • Others

A detailed breakdown and analysis of the reproductive genetics market based on application has also been provided in the report. These include aneuploidy, structural chromosomal abnormality, single gene disorder, and others. Aneuploidy accounted for the largest market share.

Competitive Landscape:

The report also provided a comprehensive analysis of the competitive landscape in the global reproductive genetics market.

Some of the companies covered include:

  • Genomic innovation in Bangkok
  • Centogen
  • Fulgent Genetics
  • Igenomix (Vitrolife Group)
  • Invitation
  • Laboratory Corporation of America Holdings
  • PerkinElmer
  • Fisher Scientific Term

Main questions answered in this report:

  • How has the global reproductive genetics market performed so far and how will it perform in the coming years?
  • What are the drivers, restraints and opportunities in the global reproductive genetics market?
  • What is the impact of each factor, constraint and opportunity on the global reproductive genetics market?
  • What are the main regional markets?
  • Which countries represent the most attractive reproductive genetics market?
  • What is the market breakdown based on product type?
  • What is the most attractive type of product in the reproductive genetics market?
  • What is the market breakdown based on procedure type?
  • What is the most attractive type of procedure in the reproductive genetics market?
  • What is the market breakdown based on technology?
  • What is the most attractive technology in the reproductive genetics market?
  • What is the market breakdown based on application?
  • What is the most attractive application in the reproductive genetics market?
  • What is the competitive structure of the global reproductive genetics market?
  • Who are the key players/companies in the global reproductive genetics market?

Attribute Keys:

Report attribute Details
Number of pages 146
Forecast period 2023 – 2032
Estimated market value (USD) in 2023 US$5.7 billion
Predicted market value (USD) until 2032 US$50.1 billion
Compound annual growth rate 27.3%
Regions covered Global

For more information on this report, visit https://www.researchandmarkets.com/r/rfvhhh

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