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Market |
Healthcare and Medical |
Report Type |
Market Research |
Country |
Global |
Published |
1 November 2009 |
Number of Pages |
166 |
- |
|
Publisher |
BizAcumen Inc |
Genetic testing can provide information for peace-of-mind, prevention, treatment and healing. Genes play a key role in the context of medical and life decisions such as planning a family, selecting a form of birth control or starting hormone replacement therapy and can help make better decisions, to live a longer, healthier life. For example most cancers have more than 90 percent five year survival rate if detected in the localised stages and genetic testing remains the foremost weapon in fighting against cancer morbidity and mortality. Tests provide individual patterns of activity to determine the likelihood of a tumour spreading and the most appropriate therapy.
Genetic testing, which of-late has been transforming itself from service driven to product-driven market is expected to provide an impetus to diagnostic companies with respect to expansion of their operations. The genetic testing market has been witnessing a rise in demand from various quarters, which include medical, paternity & forensics departments, immigration & insurance sectors and DNA banks.
Increasing emphasis on the need to develop new and more effective testing methods is projected to further propel growth in the market. The early detection of genetic disorders using genetic testing would significantly reduce morbidity as well mortality rates.
These and other market data and trends are presented in "Genetic Testing: A Global Update of Market Trends & Opportunities". Our reports are designed to be most comprehensive in geographic coverage and vertical market analyses.
Healthcare and Medical Company Profiles contain up to date financial, strategic, operational, SWOT analysis and product information on the activities of thousands of healthcare and medical companies.
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