Global Gene Panel Market Report - By Product & Service (Test Kits, Testing Services), By Technique (Amplicon Based Approach, Hybridization Based Approach), By Design (Predesigned G......ene Panel, Customized Gene Panel), By Application (Cancer Risk Assessment, Diagnosis of Congenital Diseases, Pharmacogenetics, Others), By End User (Academic & Research Institutes, Hospital & Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies), and Others Read more
- Healthcare
- Oct 2024
- 176
- PDF, Excel, PPT
Market Definition
A gene panel is a set of multiple genes defined to analyze the mutations or variations associated with a specific disease or condition. This type of testing can help determine an individual's risk for developing certain conditions and follow the most effective treatment decisions as soon as possible.
Market Insights and Analysis: Global Gene Panel Market (2024-30):
The Global Gene Panel Market size was valued at around USD 3.1 billion in 2023 & is estimated to grow at a CAGR of around 14.2% during the forecast period, i.e., 2024-30. This market is expected to see significant revenue growth driven by an increase in cases of cancer and genetic diseases. Gene panels that test for various gene variations at once for a specific disease are becoming essential for precise medicines. The increase in the number of cancer cases which show 20 million cases diagnosed globally in 2022, depicts the emerging need for Gene Panels for targeted and personalized treatment.
| Report Coverage | Details |
|---|---|
| Historical Years | 2019-22 |
|
Base Years
|
2023
|
|
Forecast Years
|
2024-30
|
| Market Value in 2023 | USD 3.1 Billion |
| CAGR (2024-30) | 14.2% |
| Leading Region | North America |
| Top Key Players | Illumina, Inc., Thermo Fisher Scientific Inc., Agilent Technologies, Qiagen Inc., Eurofins Scientific Se, BGI, F. Hoffmann-La Roche AG, Integrated DNA Technologies Inc., Genewiz, Inc., Novogene Corporation, Personalis, Inc., Gatc Biotech AG, Archerdx, Genedx, Centogene AG, and others |
| Key Report Highlights |
|
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Additionally, the growing demand for personalized medicine presents a good opportunity for the gene panel industry. Personalized treatment plans rely on identifying specific genetic mutations, in which gene panel plays a critical role. Advancements in next-generation sequencing (NGS) have made these tests much more affordable and accessible, even for lower-income countries.
Moreover, technological advancements such as the integration of gene panels with artificial intelligence and the collaboration of gene panel developing companies with institutions and pharmaceuticals for innovation keep giving the market a forward push. These innovations are helping the industry to get more accurate and efficient results and fulfill the need for highly precise diagnostic tools worldwide. Thus, such technological advancements are changing market dynamics and offering lucrative growth potential for the leading market players.
However, the market has to face some challenges like the lack of skilled workforce and lack of health awareness in various regions. Either a skilled workforce or automated systems are required to get the full benefit of the available healthcare assets worldwide. Thus, effective handling of these challenges would augment the size & volume of the Gene Panel Industry during the forecast period.
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global Gene Panel Market Regulations, Policies & Product Standards
- Global Gene Panel Market Trends & Developments
- Global Gene Panel Market Dynamics
- Drivers
- Challenges
- Global Gene Panel Market Hotspots & Opportunities
- Global Gene Panel Market Value Chain Analysis
- Global Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service
- Test Kits- Market Size & Forecast 2019-2030, USD Million
- Testing Services- Market Size & Forecast 2019-2030, USD Million
- By Technique
- Amplicon Based Approach- Market Size & Forecast 2019-2030, USD Million
- Hybridization Based Approach- Market Size & Forecast 2019-2030, USD Million
- By Design
- Predesigned Gene Panel- Market Size & Forecast 2019-2030, USD Million
- Customized Gene Panel- Market Size & Forecast 2019-2030, USD Million
- By Application
- Cancer Risk Assessment- Market Size & Forecast 2019-2030, USD Million
- Diagnosis of Congenital Diseases- Market Size & Forecast 2019-2030, USD Million
- Pharmacogenetics- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
- By End User
- Academic & Research Institutes- Market Size & Forecast 2019-2030, USD Million
- Hospital & Diagnostic Laboratories- Market Size & Forecast 2019-2030, USD Million
- Pharmaceutical & Biotechnology Companies- Market Size & Forecast 2019-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
- By Company
- Revenue Shares
- Competition Characteristics
- By Product & Service
- Market Size & Analysis
- North America Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By Technique- Market Size & Forecast 2019-2030, USD Million
- By Design- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- The US
- Canada
- Mexico
- The US Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Canada Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Mexico Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- South America Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By Technique- Market Size & Forecast 2019-2030, USD Million
- By Design- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- Brazil
- Argentina
- Rest of South America
- Brazil Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Argentina Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Europe Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By Technique- Market Size & Forecast 2019-2030, USD Million
- By Design- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Germany Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- France Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- The UK Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Spain Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Italy Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- The Middle East & Africa Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By Technique- Market Size & Forecast 2019-2030, USD Million
- By Design- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- The UAE
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- The UAE Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Saudi Arabia Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- South Africa Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By Technique- Market Size & Forecast 2019-2030, USD Million
- By Design- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- China Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- India Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Japan Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- South Korea Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Australia Gene Panel Market Outlook, 2019-2030F
- Market Size & Analysis
- Market Revenues (USD Million)
- Market Share & Analysis
- By Product & Service- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Global Gene Panel Market Key Strategic Imperatives for Growth & Success
- Competitive Outlook
- Company Profiles
- Illumina, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Thermo Fisher Scientific Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Agilent Technologies
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Qiagen Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Eurofins Scientific Se
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- BGI
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- F. Hoffmann-La Roche AG
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Integrated DNA Technologies Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Genewiz, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Novogene Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Personalis, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Gatc Biotech AG
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Archerdx
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Genedx
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Centogene AG
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Illumina, Inc.
- Company Profiles
- 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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