Research and Markets: Genetic Testing Market Report: 2012 Edition

Posted: July 25, 2012 at 3:12 pm

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/j69n56/genetic_testing_ma) has announced the addition of the "Genetic Testing Market Report: 2012 Edition" report to their offering.

The genetic testing market segment represents the highest growth opportunity compared to other segments within the molecular diagnostics market. The growth of the market is backed by increasing prevalence of genetic diseases, aging population, and rising awareness. Vast application areas including newborn screening, prenatal and preimplantation testing is also expected to add to the future growth of the market.

The technological advancements of genetic testing are expected to break new grounds in the field of personalized medicine as genetic testing helps not only in the better diagnosis of genetic diseases but also aids in selecting the best medication depending on the DNA structure of the patient to ensure superior drug response.

Direct to customer (DTC) genetic testing is one of the major trends in the market, which is expected to bring positive changes in the popularity of genetic testing. However, the quality, accuracy, and proper interpretation of test results of DTC genetic testing continue to challenge the future growth of the market. Furthermore, the risk of genetic discrimination and psychological consequences of genetic testing are also expected to hinder the growth of the market in the coming years.

Publication Overview:

The current report analyzes the genetic testing market. It discusses the drivers and challenges prevailing in the genetic testing market. It presents the competitive conditions prevailing in the market, along with the profiles of major players.

Key Topics Covered:

Genetic Testing: An Introduction

- Types of Genetic Testing

Excerpt from:
Research and Markets: Genetic Testing Market Report: 2012 Edition

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