The global reproductive genetics market size is expected to reach USD 11.23 Billion at a steady CAGR of 12.3% in 2028, according to latest analysis by Emergen Research. Rise in adoption of genetic tests and advancements in molecular diagnostics is driving global reproductive genetics market revenue growth.
Reproductive genetics focus on fertility and reproduction that affect some families in the form of chromosomal and genetic abnormalities that increase risk to biological children, reproductive loss, multiple miscarriages, and family history of genetic abnormalities. Genetic testing for embryos created through IVF is also increasing, and development in genetic testing is making it possible to test for genetic disorders in artificial reproduction, which is driving growth of the market to a significant extent.
The all-encompassing report on the Reproductive Genetics market projects the prospective growth of the industry. It gives and extensive analysis of the market size, share, demand, trends, gross revenue, total earnings to draw a forecast of the growth in the years 2020 to 2028. The study estimates the potential growth of the industry and the factors responsible for the expansion of the business. The study highlights the driving forces, restrains and hurdles for the growth of the market.
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Some Key Highlights From the Report
In May 2021, Juno Diagnostics, Which is a company focusing on enhancing access to genetic health information, announced that closing of Series A financing round for USD 25 million led by Perceptive Xontogeny Venture (PXV) Fund. The fund will support product development, clinical validation studies, and commercial launch of JunoDx’s product offerings for non-invasive prenatal testing.
Prenatal screening covers a variety of tests doctors recommend for a pregnant patient. Some prenatal screening tests determines the chances a baby may or may not have chromosomal disorders, such as Down Syndrome. Though recommended by doctors, it is non-invasive and optional, and poses no risk to pregnancy as it involves ultrasound and blood work.
Next Generation Sequencing (NGS) is a widely accepted genetic testing technology in the prenatal testing arena. NGS is able to detect embryos with unbalanced chromosomal translocations that were not identified earlier. NGS offers better coverage of the chromosomes, higher resolution, and is faster and more affordable.
Single gene disorders are among the most understood genetic disorders due to their inheritance patterns and relatively simple genetic causes. Some of the most common single gene disorders are sickle cell anaemia, hemochromatosis, cystic fibrosis, and Tay-Sachs. Reproductive genetic tests are done to detect the possibility of single gene disorders in babies.
Asia Pacific market revenue is expected to register a rapid CAGR during the forecast period due to increasing demand of genetic testing from India and China. In addition, increased utilization of IVF procedures and advancements in the healthcare sector are major factors driving growth of the market in the region.
Key players in the market include Illumina, Inc., Agilent Technologies, Inc., PerkinElmer, Inc., Quest Diagnostics, Thermo Fisher Scientific Inc., Fulgent Genetics, Inc., Centogene AG, Myriad Genetics, Inc., Qiagen N.V., and OPKO Health, Inc.
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Product Type Outlook (Revenue, USD Billion; 2018–2028)
Laboratory Developed Tests (LDT)
Reagents and Consumables
Procedure Type Outlook (Revenue, USD Billion; 2018–2028)
Pre-Implantation Genetic Testing
Infertility Genetic Testing
Technology Outlook (Revenue, USD Billion; 2018–2028)
Next-Generation Sequencing (NGS)
Polymerase chain reaction (PCR)
In-Situ Hybridization (ISH)
Application Outlook (Revenue, USD Billion; 2018–2028)
Single Gene Disorder
Structural Chromosomal Abnormality
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Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
The report segments the Reproductive Genetics market on the basis of geography, end-user, end-use, product application, type, share, growth rate and size to reveal where the industry will be in the coming years. The researchers assessing the industry have included the details about the recent decisions and events such acquisition and mergers, collaborations, product launch and investments. Important decisions connected with such events come handy for business owners when positioning their brands in the global market and finalizing the marketing strategies.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Reproductive Genetics Market Segmentation & Impact Analysis
4.1. Reproductive Genetics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
220.127.116.11. Stringent environmental regulations
18.104.22.168. Rising need to reduce bacterial or algal contamination in water systems
22.214.171.124. Increasing demand for biocides for municipal water treatment
4.2.3. Market restraints analysis
126.96.36.199. Fluctuating prices of raw material
188.8.131.52. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Reproductive Genetics Market By Application Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Reproductive Genetics Market By Product type Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Reproductive Genetics Market Regional Outlook
Chapter 8. Competitive Landscape