By Type (Cardiovascular, Ophthalmological, Neurological, Oncological, Hematological, Endocrine and Metabolism, Gastroenterologist), By Acquisition (Genetic, Externally Acquired), By Technology (Next G... ... y Technology (Next Generation Sequencing, Complete Genome, Complete Exome, Micro Arrays), By Age Group (0-15 yrs., 16-30 yrs., 31-45 yrs.), By Product (Kits & Assays, Panels), By End User (Hospitals, Diagnostics Laboratories, Clinical Laboratories, Contract Research Organizations), By Company (Quest Diagnostics Inc., Centogene N.V., Invitae Corporation., 3billion, Inc., Arup Laboratories., Eurofins Scientific., Strand Life Sciences., Ambry Genetics., Color Genomics, Inc., Health Network Laboratories, Others) Read more
- Healthcare
- Sep 2021
- 234
- PDF, Excel, PPT
A rare disease is any disease that affects less than 5 in 10000 people, states WHO (World Health Organization), There are over 7000 such diseases and most of them have no effective treatment.
According to MarkNtel Advisors, the Global Rare Disease Testing Market is anticipated to grow at a CAGR of around 9.29% during the forecast period, i.e., 2021-26. The market growth primarily attributes to the increasing prevalence of genetic disorders & various types of cancer. In addition to this, the paradigm shifts from reaction to prevention on a global level, increasing research funding, and surging usage of new techniques & developments are other crucial factors driving the market.
The research report “Global Rare Disease Testing Market Analysis, 2021” also states that the global market is expected to grow significantly due to various opportunities that lie within its domain. These include the massive scope toward adopting NGS (Next-Generation Sequencing) in emerging nations and technological advancements in molecular techniques for the whole genome & exome sequencing.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2016-19 |
| Base Year: 2020 | |
| Forecast Period: 2021-26 | |
| CAGR (2021-2026) | 9.29% |
| Regions Covered | North America: USA, Canada, Mexico |
| Europe: Germany, UK, France, Italy, Spain | |
| Asia-Pacific: China, India, Japan, Australia, Singapore | |
| South America: Brazil, and Argentina | |
| Middle East & Africa: Israel, GCC | |
| Key Companies Profiled | Quest Diagnostics Inc., Centogene N.V., Invitae Corporation., 3billion, Inc., Arup Laboratories., Eurofins Scientific., Strand Life Sciences., Ambry Genetics., Color Genomics, Inc., Health Network Laboratories, PreventionGenetics, Progenity, Inc., Myriad Genetics, Inc., Laboratory Corporation of America Holdings, OPKO Health, Inc |
| Unit Denominations | USD Million/Billion |
The Impact of COVID-19 on Global Rare Disease Testing Market
- Last year, the COVID-19 pandemic negatively impacted the Global Rare Disease Testing Market.
- The burgeoning number of COVID-19 cases prioritized healthcare services for COVID-19 patients.
- It led to worsening situations for patients with rare diseases due to the cancellation of their appointments.
- Hence, the interrupting care and lack of healthcare services resulted in the underdiagnoses of rare diseases, which, in turn, negatively influenced the market growth globally.
- Further, rare disease organizations experienced various other challenges, including canceled fundraising events, reduced investments, and the emergence of remote working.
- However, as the lockdown restrictions got relaxed in later 2020, the market is recovering.
- Moreover, owing to the resumption of consultation & diagnosis of rare diseases, the market is expected to witness steady growth in the coming years.
- Introduction
- Definition
- Research Process
- Glossary
- Market Segmentation
- Executive Summary
- Global Impact of COVID-19 Pandemic on Patients Rare Disease Testing
- Global Rare Disease Testing Market Policies, Regulations and Services.
- Global Rare Disease Testing Market Dynamics
- Growth Drivers
- Challenges
- Impact Analysis
- Global Rare Disease Testing Market Trends & Insights
- Global Rare Disease Testing Market Key Strategic Imperatives for Success & Growth
- Global Rare Disease Testing Market Analysis, 2016-2026F
- Market Size & Analysis
- By Revenue
- Market Share & Analysis
- By Type
- Cardiovascular
- Ophthalmological
- Neurological
- Oncological
- Hematological
- Endocrine and Metabolism
- Gastroenterologist
- Others
- By Acquisition
- Genetic
- Externally Acquired
- By Technology
- Next Generation Sequencing
- Complete Genome
- Complete Exome
- Micro Arrays
- Others
- By Age Group
- 0-15 yrs.
- 16-30 yrs.
- 31-45 yrs.
- Others
- By Products
- Kits & Assays
- Panels
- Others
- By End User
- Hospitals
- Diagnostics Laboratories
- Clinical Laboratories
- Contract Research Organizations
- Others
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
- By Type
- Market Size & Analysis
- North America Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- By Country
- The USA
- Canada
- Mexico
- The US Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- Market size & Analysis
- Canada Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- Market size & Analysis
- Mexico Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- Market size & Analysis
- Market size & Analysis
- Latin America Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- By Country
- Brazil
- Argentina
- Others
- Brazil Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- Market size & Analysis
- Argentina Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- Market size & Analysis
- Market size & Analysis
- Europe Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- By Country
- Germany
- Italy
- France
- Spain
- UK
- Germany Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- Market size & Analysis
- Italy Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- Market size & Analysis
- France Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- Market size & Analysis
- Spain Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- Market size & Analysis
- UK Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- Market size & Analysis
- Market size & Analysis
- Middle East & Africa Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- By Country
- Israel
- GCC
- Israel Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- Market size & Analysis
- GCC Rare Disease Testing Market Analysis, 2016-2026
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- Market Revenue
- Market size & Analysis
- Asia Pacific Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- By Country
- China
- India
- Japan
- Australia
- Singapore
- China Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- By Country
- Market size & Analysis
- India Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- By Country
- Market size & Analysis
- Japan Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- By Country
- Market size & Analysis
- Australia Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- By Country
- Market size & Analysis
- Singapore Rare Disease Testing Market Analysis, 2016-2026
- Market size & Analysis
- Market Revenue
- Market Share & Analysis
- By Type
- By Acquisition
- By Technology
- By Age Group
- By Products
- By Country
- Market size & Analysis
- Market size & Analysis
- Global Rare Disease Testing for Market Growth & Competition Outlook
- Competition Matrix
- Target Market
- Target End User
- Research & Development
- Strategic Initiatives
- Company Profiles (Business Description, Product and Services Segments, Business Segments, Future Plans)
- Quest Diagnostics Inc.
- Centogene N.V.
- Invitae Corporation.
- 3billion, Inc.
- Arup Laboratories.
- Eurofins Scientific.
- Strand Life Sciences.
- Ambry Genetics.
- Color Genomics, Inc.
- Health Network Laboratories
- PreventionGenetics
- Progenity, Inc.
- Myriad Genetics, Inc.
- Laboratory Corporation of America Holdings
- OPKO Health, Inc.
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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