[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Gene Panel Market Size, Trends, Analysis, and Outlook By Products and Services (Test kits, Testing services), By Technique (Amplicon based approach, Hybridization based approach), By Design (Predesigned, Customized), by Country, Segment, and Companies, 2024-2032

April 2024 | 205 pages | ID: G87927EE03C0EN
VPAResearch

US$ 3,980.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The global Gene Panel market size is poised to register 17.2% growth from 2024 to 2032, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Gene Panel market across By Products and Services (Test kits, Testing services), By Technique (Amplicon based approach, Hybridization based approach), By Design (Predesigned, Customized)

The gene panel market is driven by the increasing demand for multiplex genetic testing and personalized medicine applications, advancements in next-generation sequencing (NGS) and microarray technologies, and the growing understanding of genetic factors in disease susceptibility and treatment response. By 2030, the market is poised to witness steady growth, driven by innovations in custom gene panels, targeted sequencing assays, and bioinformatics analysis pipelines. Further, expanding applications in hereditary cancer testing, pharmacogenomics, and rare disease diagnosis are expected to drive market expansion, enabling clinical laboratories, genetic counselors, and healthcare providers to assess genetic risk, guide treatment decisions, and improve patient outcomes through gene panel testing that offer comprehensive genetic profiling, variant detection, and clinical interpretation for precision medicine and personalized healthcare delivery in medical genetics and genomic medicine practice.

Gene Panel Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Gene Panel market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Gene Panel survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Gene Panel industry.

Key market trends defining the global Gene Panel demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Gene Panel Market Segmentation- Industry Share, Market Size, and Outlook to 2032

The Gene Panel industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Gene Panel companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Gene Panel industry

Leading Gene Panel companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Gene Panel companies.

Gene Panel Market Study- Strategic Analysis Review

The Gene Panel market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Gene Panel Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Gene Panel industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three case scenarios- low case, reference case, and high case scenarios.

Gene Panel Country Analysis and Revenue Outlook to 2032

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2032. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2032.

North America Gene Panel Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong healthcare infrastructure. Leading companies focus on new product launches in the changing environment. The US healthcare expenditure is expected to grow to $4.8 trillion in 2024 (around 3.7% growth in 2024), potentially driving demand for various Gene Panel market segments. Similarly, Strong market demand is encouraging Canadian Gene Panel companies to invest in niche segments. Further, as Mexico continues to strengthen its relations and invest in technological advancements, the Mexico Gene Panel market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Gene Panel Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Gene Panel industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Gene Panel market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Gene Panel Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Gene Panel in Asia Pacific. In particular, China, India, and South East Asian Gene Panel markets present a compelling outlook for 2032, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Gene Panel Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Gene Panel Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Gene Panel market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Gene Panel.

Gene Panel Market Company Profiles

The global Gene Panel market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Agilent Technologies Inc, Bio-Rad Laboratories Inc, Cepheid Inc, Eurofins Genomics LLC, Foundation Medicine Inc, Guardant Health Inc, Illumina Inc, Myriad Genetics Inc, Personalis Inc, QIAGEN N.V., Thermo Fisher Scientific Inc.

Recent Gene Panel Market Developments

The global Gene Panel market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Gene Panel Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Products and Services

Test kits

Testing services

By Technique

Amplicon based approach

Hybridization based approach

By Design

Predesigned

Customized

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Agilent Technologies Inc

Bio-Rad Laboratories Inc

Cepheid Inc

Eurofins Genomics LLC

Foundation Medicine Inc

Guardant Health Inc

Illumina Inc

Myriad Genetics Inc

Personalis Inc

QIAGEN N.V.

Thermo Fisher Scientific Inc

Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Gene Panel Market Overview and Key Findings, 2024
1.2 Gene Panel Market Size and Growth Outlook, 2021- 2030
1.3 Gene Panel Market Growth Opportunities to 2030
1.4 Key Gene Panel Market Trends and Challenges
  1.4.1 Gene Panel Market Drivers and Trends
  1.4.2 Gene Panel Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Gene Panel Companies

2. GENE PANEL MARKET SIZE OUTLOOK TO 2030

2.1 Gene Panel Market Size Outlook, USD Million, 2021- 2030
2.2 Gene Panel Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. GENE PANEL MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. GENE PANEL MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
By Products and Services
Test kits
Testing services
By Technique
Amplicon based approach
Hybridization based approach
By Design
Predesigned
Customized
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Gene Panel Market, 2025
5.2 Asia Pacific Gene Panel Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Gene Panel Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Gene Panel Market, 2025
5.5 Europe Gene Panel Market Size Outlook by Type, 2021- 2030
5.6 Europe Gene Panel Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Gene Panel Market, 2025
5.8 North America Gene Panel Market Size Outlook by Type, 2021- 2030
5.9 North America Gene Panel Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Gene Panel Market, 2025
5.11 South America Pacific Gene Panel Market Size Outlook by Type, 2021- 2030
5.12 South America Gene Panel Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Gene Panel Market, 2025
5.14 Middle East Africa Gene Panel Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Gene Panel Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Gene Panel Market Size Outlook and Revenue Growth Forecasts
6.2 US Gene Panel Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Gene Panel Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Gene Panel Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Gene Panel Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Gene Panel Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Gene Panel Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Gene Panel Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Gene Panel Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Gene Panel Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Gene Panel Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Gene Panel Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Gene Panel Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Gene Panel Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Gene Panel Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Gene Panel Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Gene Panel Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Gene Panel Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Gene Panel Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Gene Panel Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Gene Panel Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Gene Panel Industry Drivers and Opportunities

7. GENE PANEL MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. GENE PANEL COMPANY PROFILES

8.1 Profiles of Leading Gene Panel Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Agilent Technologies Inc
Bio-Rad Laboratories Inc
Cepheid Inc
Eurofins Genomics LLC
Foundation Medicine Inc
Guardant Health Inc
Illumina Inc
Myriad Genetics Inc
Personalis Inc
QIAGEN N.V.
Thermo Fisher Scientific Inc.

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


More Publications