Italy Rare Disease Genetic Testing Market Size & Outlook
Italy rare disease genetic testing market, 2016-2028 (US$M)
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Italy rare disease genetic testing market highlights
- The Italy rare disease genetic testing market generated a revenue of USD 30.4 million in 2020 and is expected to reach USD 59.3 million by 2028.
- The Italy market is expected to grow at a CAGR of 8.7% from 2021 to 2028.
- In terms of segment, immunological disorders was the largest revenue generating disease type in 2020.
- Cardiovascular Disorders is the most lucrative disease type segment registering the fastest growth during the forecast period.
Rare disease genetic testing market data book summary
| Market revenue in 2020 | USD 30.4 million |
| Market revenue in 2028 | USD 59.3 million |
| Growth rate | 8.7% (CAGR from 2020 to 2028) |
| Largest segment | Immunological disorders |
| Fastest growing segment | Cardiovascular Disorders |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 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 |
| Key market players worldwide | Quest Diagnostics Inc, Centogene NV Ordinary Shares, Invitae Corp, Eurofins Scientific SE, PerkinElmer, Macrogenics Inc, Fulgent Genetics Inc, Myriad Genetics Inc, Labcorp Holdings Inc, OPKO Health Inc, 3billion, ARUP Laboratories, Strand Life Sciences, Ambry Genetics, REALM IDx, Inc., Baylor Genetics, Health Network Laboratories, PreventionGenetics, Biora Therapeutics, CooperSurgical, Artemis DNA |
Other key industry trends
- In terms of revenue, Italy accounted for 3.9% of the global rare disease genetic testing market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany rare disease genetic testing market is projected to lead the regional market in terms of revenue in 2028.
- UK is the fastest growing regional market in Europe and is projected to reach USD 49.6 million by 2028.
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Rare Disease Genetic Testing Market Scope
Rare Disease Genetic Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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.
Immunological disorders was the largest segment with a revenue share of 13.49% in 2020. Horizon Databook has segmented the Italy 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.
In October 2017, the Italian Ministry of Health organized the ERN Info Day i n Rome. This meeting was dedicated to promote collaboration among the entities involved in the European Reference Networks, a virtual network of professionals who are dedicated to the diagnosis and treatment of rare diseases.
This initiative is anticipated to promote the use of diagnostic services amongst hospitals and clinicians for identification of patients with rare diseases. Furthermore, presence of a substantial number of healthcare organizations in the country that are devoted to rare disease management are driving the revenue share.
For instance, National Centre for Rare Diseases – Istituto Superiore di Sanità, OrphaNews Italia, National Registry for Rare Diseases, and Consulta Nazionale Malattie Rare are some such organizations.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy rare disease genetic testing market , including forecasts for subscribers. This country databook contains high-level insights into Italy rare disease genetic testing market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Italy rare disease genetic testing market size, by disease type, 2016-2028 (US$M)
Italy Rare Disease Genetic Testing Market Outlook Share, 2020 & 2028 (US$M)
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