India Genetic Testing Market By Type (Cytogenetic Testing, Biochemical Testing, Molecular Testing), By Application (Reproductive Cancer Screening, Ancestry Testing, Predictive and Pre-symptomatic Testing, Others), By Region, Competition, Forecast & Opportunities, 2018-2028
The India Genetic Testing Market was valued at USD60.78 million in 2022 and is further anticipated to grow at a CAGR of 6.94%, during the forecast period owing to rising patients of chronic and genetic diseases and increasing technological advancements. The growing awareness and demand for the personalized medicines and treatment to ensure quality treatment and witness improved results is expected to pave the way for the genetic testing market growth. Advancements and technological upgradation in the field of genetic testing is expected to create lucrative opportunities for market growth in the next five years. The improvement in the economic conditions of the developing economies and the allocation of funds for the development of the healthcare sector to provide quality treatment is expected to boost the genetic testing market growth during the next five years. The early detection of genetic diseases can help in the treatment of diseases more efficiently. The rising disposable income of middle-class families is enabling them to afford quality healthcare services which in turn is expected to influence the genetic testing market growth in the next five years.
Increase in Chronic and Genetic Diseases
Increased chronic and genetic instances and increased consumer awareness toward genetic testing for the diagnosis of chronic and genetic disorders are expected to move the genetic testing market forward in approaching years. The need of genetic testing is increasing as the number of people with genetic disorder rises. Increased awareness toward the medication and their diagnosis is influencing the market of genetic testing in India.
Technological Advancements
Technological breakthroughs such as HTS (high throughput sequencing) and NGS (next generation sequencing) have aided in the early diagnosis of a variety of disorders. These technologies improved the efficiency and accuracy of the tests, presenting promising prospects for the Indian genetic testing market. Acknowledging AI databases into genetic testing to check if the DNA is analyzed in history is expected to grow the future market of genetic testing in India.
Decrease in Fertility Rate
The expansion of the genetic testing industry is affected by the decline in fertility rates because when a couple fails to conceive despite numerous attempts, a genetic test is performed to see if the problem is genetic and both parents are assessed. Preconception screening allows couples who are hoping to become pregnant to know their reproductive risk. Genetic testing is also advised for the identification of genetic illnesses that are transmissible to offspring.
Market Segmentation
India Genetic testing market is segmented based on type, application, and region. Based on type, the market can be split into Cytogenetic Testing, Biochemical Testing and Molecular Testing. In terms of application, the market can be categorized into Reproductive, Cancer Screening, Ancestry Testing, Predictive and Pre-symptomatic Testing and Others. Based on region, the market is categorized into South, North, West, and East.
Company Profiles
MedGenome Labs Limited, Strand Life Sciences Private Limited, Centogene India Private Limited, Eurofins Clinical Diagnostics Bangalore Private Limited, Mapmygenome India Limited, Clevergene Biocorp Private Limited, Virtus Nutrition Private Limited (The GeneBox), LifeCell International Pvt. Ltd., Genes2Me Pvt. Ltd., GeneTech India Private Limited, etc. are among the major market players in the Indian platform that lead the market growth of the India Genetic Testing Market.
Report Scope:
In this report, India Genetic testing market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in India Genetic Testing market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
Increase in Chronic and Genetic Diseases
Increased chronic and genetic instances and increased consumer awareness toward genetic testing for the diagnosis of chronic and genetic disorders are expected to move the genetic testing market forward in approaching years. The need of genetic testing is increasing as the number of people with genetic disorder rises. Increased awareness toward the medication and their diagnosis is influencing the market of genetic testing in India.
Technological Advancements
Technological breakthroughs such as HTS (high throughput sequencing) and NGS (next generation sequencing) have aided in the early diagnosis of a variety of disorders. These technologies improved the efficiency and accuracy of the tests, presenting promising prospects for the Indian genetic testing market. Acknowledging AI databases into genetic testing to check if the DNA is analyzed in history is expected to grow the future market of genetic testing in India.
Decrease in Fertility Rate
The expansion of the genetic testing industry is affected by the decline in fertility rates because when a couple fails to conceive despite numerous attempts, a genetic test is performed to see if the problem is genetic and both parents are assessed. Preconception screening allows couples who are hoping to become pregnant to know their reproductive risk. Genetic testing is also advised for the identification of genetic illnesses that are transmissible to offspring.
Market Segmentation
India Genetic testing market is segmented based on type, application, and region. Based on type, the market can be split into Cytogenetic Testing, Biochemical Testing and Molecular Testing. In terms of application, the market can be categorized into Reproductive, Cancer Screening, Ancestry Testing, Predictive and Pre-symptomatic Testing and Others. Based on region, the market is categorized into South, North, West, and East.
Company Profiles
MedGenome Labs Limited, Strand Life Sciences Private Limited, Centogene India Private Limited, Eurofins Clinical Diagnostics Bangalore Private Limited, Mapmygenome India Limited, Clevergene Biocorp Private Limited, Virtus Nutrition Private Limited (The GeneBox), LifeCell International Pvt. Ltd., Genes2Me Pvt. Ltd., GeneTech India Private Limited, etc. are among the major market players in the Indian platform that lead the market growth of the India Genetic Testing Market.
Report Scope:
In this report, India Genetic testing market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- India Genetic Testing Market, By Type:
- Cytogenetic Testing
- Biochemical Testing
- Molecular Testing
- India Genetic Testing Market, By Application:
- Reproductive
- Cancer Screening
- Ancestry Testing
- Predictive and Pre-symptomatic Testing
- Others
- India Genetic Testing Market, By Region:
- North
- South
- West
- East
Company Profiles: Detailed analysis of the major companies present in India Genetic Testing market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. PRODUCT OVERVIEW
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. IMPACT OF COVID-19 ON INDIA GENETIC TESTING MARKET
5. VOICE OF CUSTOMER
5.1. Commonly Observed Genetic Problems in India
5.2. Genetic Diseases Prevalence, By Region
5.3. Genetic Diseases Prevalence, By Gender
6. INDIA GENETIC TESTING MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Cytogenetic Testing, Biochemical Testing, Molecular Testing)
6.2.2. By Application (Reproductive Testing, Cancer Screening, Ancestry Testing, Predictive and Pre-Symptomatic Testing, Others)
6.2.3. By Region
6.2.3.1. By State (Top 3 States)
6.2.4. By Company (2022)
6.3. Product Market Map
7. WEST INDIA GENETIC TESTING MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Application
8. NORTH INDIA GENETIC TESTING MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Application
9. SOUTH INDIA GENETIC TESTING MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Application
10. EAST INDIA GENETIC TESTING MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Application
11. MARKET DYNAMICS
11.1. Drivers
11.2. Challenges
12. MARKET TRENDS & DEVELOPMENTS
13. POLICY & REGULATORY LANDSCAPE
14. INDIA ECONOMIC PROFILE
15. COMPETITIVE LANDSCAPE
15.1. MedGenome Labs Limited
15.2. Strand Life Sciences Private Limited
15.3. Centogene India Private Limited
15.4. Eurofins Clinical Diagnostics Bangalore Private Limited
15.5. Mapmygenome India Limited
15.6. Clevergene Biocorp Private Limited
15.7. Virtus Nutrition Private Limited (The GeneBox)
15.8. LifeCell International Pvt. Ltd.
15.9. Genes2Me Pvt. Ltd.
15.10. GeneTech India Private Limited
16. STRATEGIC RECOMMENDATIONS
Note: The data given for any year represents the market during the period, i.e., 1st April of the previous year to 31st March of that year. eg: For 2022E, the data represents the period, 1st April 2021 to 31st March 2022.
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. IMPACT OF COVID-19 ON INDIA GENETIC TESTING MARKET
5. VOICE OF CUSTOMER
5.1. Commonly Observed Genetic Problems in India
5.2. Genetic Diseases Prevalence, By Region
5.3. Genetic Diseases Prevalence, By Gender
6. INDIA GENETIC TESTING MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Cytogenetic Testing, Biochemical Testing, Molecular Testing)
6.2.2. By Application (Reproductive Testing, Cancer Screening, Ancestry Testing, Predictive and Pre-Symptomatic Testing, Others)
6.2.3. By Region
6.2.3.1. By State (Top 3 States)
6.2.4. By Company (2022)
6.3. Product Market Map
7. WEST INDIA GENETIC TESTING MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Application
8. NORTH INDIA GENETIC TESTING MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Application
9. SOUTH INDIA GENETIC TESTING MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Application
10. EAST INDIA GENETIC TESTING MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Application
11. MARKET DYNAMICS
11.1. Drivers
11.2. Challenges
12. MARKET TRENDS & DEVELOPMENTS
13. POLICY & REGULATORY LANDSCAPE
14. INDIA ECONOMIC PROFILE
15. COMPETITIVE LANDSCAPE
15.1. MedGenome Labs Limited
15.2. Strand Life Sciences Private Limited
15.3. Centogene India Private Limited
15.4. Eurofins Clinical Diagnostics Bangalore Private Limited
15.5. Mapmygenome India Limited
15.6. Clevergene Biocorp Private Limited
15.7. Virtus Nutrition Private Limited (The GeneBox)
15.8. LifeCell International Pvt. Ltd.
15.9. Genes2Me Pvt. Ltd.
15.10. GeneTech India Private Limited
16. STRATEGIC RECOMMENDATIONS
Note: The data given for any year represents the market during the period, i.e., 1st April of the previous year to 31st March of that year. eg: For 2022E, the data represents the period, 1st April 2021 to 31st March 2022.
LIST OF FIGURES
Figure 1: India Genetic Testing Market Size, By Value (USD Million), 2018-2028F
Figure 2: India Genetic Testing Market Share, By Type, By Value, 2018-2028F
Figure 3: India Genetic Testing Market Share, By Application, By Value, 2018-2028F
Figure 4: India Genetic Testing Market Share, By Region, By Value, 2018-2028F
Figure 5: India Genetic Testing Market Share, By Company, By Value, 2022
Figure 6: India Genetic Testing Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2021
Figure 7: India Genetic Testing Market Map, By Application, Market Size (USD Million) & Growth Rate (%), 2021
Figure 8: India Genetic Testing Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2021
Figure 9: South India Genetic Testing Market Size, By Value (USD Million), 2018-2028F
Figure 10: South India Genetic Testing Market Share, By Type, By Value, 2018-2028F
Figure 11: South India Genetic Testing Market Share, By Application, By Value, 2018-2028F
Figure 12: North India Genetic Testing Market Size, By Value (USD Million), 2018-2028F
Figure 13: North India Genetic Testing Market Share, By Type, By Value, 2018-2028F
Figure 14: North India Genetic Testing Market Share, By Application, By Value, 2018-2028F
Figure 15: West India Genetic Testing Market Size, By Value (USD Million), 2018-2028F
Figure 16: West India Genetic Testing Market Share, By Type, By Value, 2018-2028F
Figure 17: West India Genetic Testing Market Share, By Application, By Value, 2018-2028F
Figure 18: East India Genetic Testing Market Size, By Value (USD Value), 2018-2028F
Figure 19: East India Genetic Testing Market Share, By Type, By Value, 2018-2028F
Figure 20: East India Genetic Testing Market Share, By Application, By Value, 2018-2028F
Figure 1: India Genetic Testing Market Size, By Value (USD Million), 2018-2028F
Figure 2: India Genetic Testing Market Share, By Type, By Value, 2018-2028F
Figure 3: India Genetic Testing Market Share, By Application, By Value, 2018-2028F
Figure 4: India Genetic Testing Market Share, By Region, By Value, 2018-2028F
Figure 5: India Genetic Testing Market Share, By Company, By Value, 2022
Figure 6: India Genetic Testing Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2021
Figure 7: India Genetic Testing Market Map, By Application, Market Size (USD Million) & Growth Rate (%), 2021
Figure 8: India Genetic Testing Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2021
Figure 9: South India Genetic Testing Market Size, By Value (USD Million), 2018-2028F
Figure 10: South India Genetic Testing Market Share, By Type, By Value, 2018-2028F
Figure 11: South India Genetic Testing Market Share, By Application, By Value, 2018-2028F
Figure 12: North India Genetic Testing Market Size, By Value (USD Million), 2018-2028F
Figure 13: North India Genetic Testing Market Share, By Type, By Value, 2018-2028F
Figure 14: North India Genetic Testing Market Share, By Application, By Value, 2018-2028F
Figure 15: West India Genetic Testing Market Size, By Value (USD Million), 2018-2028F
Figure 16: West India Genetic Testing Market Share, By Type, By Value, 2018-2028F
Figure 17: West India Genetic Testing Market Share, By Application, By Value, 2018-2028F
Figure 18: East India Genetic Testing Market Size, By Value (USD Value), 2018-2028F
Figure 19: East India Genetic Testing Market Share, By Type, By Value, 2018-2028F
Figure 20: East India Genetic Testing Market Share, By Application, By Value, 2018-2028F
