Global Rare Disease Genetic Testing Market Size & Outlook
Global rare disease genetic testing market, 2016-2028 (US$M)
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Global rare disease genetic testing market highlights
- The global rare disease genetic testing market generated a revenue of USD 779.8 million in 2020 and is expected to reach USD 1,587.1 million by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 9.3% by 2028.
- In terms of segment, neurological disorders accounted for a revenue of USD 100.0 million in 2020.
- Endocrine & Metabolism Diseases is the most lucrative disease type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2020.
- Country-wise, South Korea is expected to register the highest CAGR from 2021 to 2028.
Global data book summary
| Market revenue in 2020 | USD 779.8 million |
| Market revenue in 2028 | USD 1,587.1 million |
| Growth rate | 9.3% (CAGR from 2020 to 2028) |
| Largest segment | Neurological disorders |
| Fastest growing segment | Endocrine & Metabolism Diseases |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Neurological Disorders, Immunological Disorders, Hematology Diseases, Endocrine & Metabolism Diseases, Cancer, Musculoskeletal Disorders, Cardiovascular Disorders, Dermatology Disease |
Other key industry trends
- In terms of revenue, the North America accounted for 46.9% of the global rare disease genetic testing market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 13.1 million by 2028.
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Rare Disease Genetic Testing Market Scope
Rare Disease Genetic Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global rare disease genetic testing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rare disease genetic testing market will help companies and investors design strategic landscapes.
Neurological disorders was the largest segment with a revenue share of 12.82% in 2020. Horizon Databook has segmented the Global rare disease genetic testing market based on neurological disorders, immunological disorders, hematology diseases, endocrine & metabolism diseases, cancer, musculoskeletal disorders, cardiovascular disorders, dermatology disease covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Rare Disease Genetic Testing Disease Type Outlook (Revenue, USD Million, 2016-2028)
- Neurological Disorders
- Immunological Disorders
- Hematology Diseases
- Endocrine & Metabolism Diseases
- Cancer
- Musculoskeletal Disorders
- Cardiovascular Disorders
- Dermatology Disease
- Others
- Global Rare Disease Genetic Testing Technology Outlook (Revenue, USD Million, 2016-2028)
- Next Generation Sequencing
- Whole Exome Sequencing
- Whole Genome Sequencing
- Array Technology
- PCR-based Testing
- FISH
- Sanger Sequencing
- Karyotyping
- Next Generation Sequencing
- Global Rare Disease Genetic Testing Specialty Outlook (Revenue, USD Million, 2016-2028)
- Molecular Genetic Tests
- Chromosomal Genetic Tests
- Biochemical Genetic Tests
- Global Rare Disease Genetic Testing End Use Outlook (Revenue, USD Million, 2016-2028)
- Research Laboratories & CROs
- Hospitals & Clinics
- Diagnostic Laboratories
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Target buyers of Global rare disease genetic testing market databook
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Our clientele includes a mix of rare disease genetic testing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global rare disease genetic testing market , including forecasts for subscribers. This global databook contains high-level insights into Global rare disease genetic testing market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Global rare disease genetic testing market size, by regions, 2016-2028 (US$M)
Top 10 countries: Rare disease genetic testing market size, 2020 (US$M)
Global rare disease genetic testing market share, by disease type, 2020 & 2028 (%, US$M)
Rare disease genetic testing market: Opportunity assessment by country
Global rare disease genetic testing market, by region, 2020 (US$M)
Related industry reports
Related regional statistics
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