Report Feature
The future of the gene panel market looks promising with opportunities in research & academic institutes, pharmaceutical and biotechnology companies, and hospitals & diagnostic laboratories. The global gene panel market is expected to grow with a CAGR of 18%-21% from 2020 to 2025. The major drivers for this market are increasing research and development activities in gene sequencing and growing prevalence of chronic diseases.
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In this market, test kits is the largest product and service of gene panel, whereas cancer risk assessment is the fastest growing application. Growth in various segments of the gene panel market are given below:
The study includes trends and forecast for the global gene panel market by product and service, technique, design, application, end user, and region as follows:
By Product and Service [Value ($ Million) shipment analysis for 2014 – 2025]:
- Test Kits
- Testing Services
By Technique [Value ($ Million) shipment analysis for 2014 – 2025]:
- Amplicon-based Approach
- Hybridization-based Approach
By Design [Value ($ Million) shipment analysis for 2014 – 2025]:
- Predesigned Gene Panel
- Customized Gene Panel
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
- Cancer Risk Assessment
- Diagnosis of Congenital Diseases
- Pharmacogenetics
- Other Applications
By End User [Value ($ Million) shipment analysis for 2014 – 2025]:
- Research and Academic Institutes
- Hospital and Diagnostic Laboratories
- Pharmaceutical and Biotechnology Companies
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
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Europe
- United Kingdom
- Spain
- Germany
- France
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Asia Pacific
- China
- India
- Japan
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The Rest of the World
- Brazil
Some of the gene panel model companies profiled in this report include Thermo Fisher Scientific, Illumina, BGI, Agilent Technologies, Eurofins Scientific, QIAGEN, GENEWIZ, Novogene Corporation, and Personalis.
Lucintel forecasts that test kits will remain the largest product and service segment over the forecast period due to growing demand for gene panel in research as well as diagnostics to understand the genetic variability of chronic disorders.
Within this market, cancer risk assessment will remain the highest growing segment by application over the forecast period due to the increasing incidence of cancer and growing demand for gene panel in research and diagnostics to understand the genetic variability of cancer.
North America will remain the largest region over the forecast period due to growing research on cancer and inherited rare diseases, and government support for genomic research in the region.
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Features of the Global Gene Panel Market |
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This report answers following key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global gene panel market by product & service (test kits and testing services), technique (amplicon-based approach and hybridization-based approach), design (predesigned gene panel and customized gene panel), application (cancer risk assessment, diagnosis of congenital diseases, pharmacogenetics, and other applications), end user (research and academic institutes, hospital and diagnostic laboratories, and pharmaceutical and biotechnology companies), and region (North America, Europe, Asia Pacific, and Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which region will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global gene panel market? Q.5 What are the business risks and threats to the global gene panel market? Q.6 What are the emerging trends in this gene panel market and the reasons behind them? Q.7 What are some changing demands of customers in this gene panel market? Q.8 What are the new developments in this gene panel market? Which companies are leading these developments? Q.9 Who are the major players in this gene panel market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in this gene panel market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the global gene panel market? |
Report Scope
| Key Features | Description |
| Base Year for Estimation | 2019 |
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Trend Period (Actual Estimates) |
2014-2019 |
| Forecast Period | 2020-2025 |
| Pages | More than 150 |
| Market Representation / Units | Revenue in US $ Million |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | Product & Service (Test Kits and Testing Services), Technique (Amplicon-based Approach and Hybridization-based Approach), Design (Predesigned Gene Panel and Customized Gene Panel), Application (Cancer Risk Assessment, Diagnosis of Congenital Diseases, Pharmacogenetics, and Other Applications), End User (Research and Academic Institutes, Hospital and Diagnostic Laboratories, and Pharmaceutical and Biotechnology Companies) |
Regional Scope |
North America (USA, Mexico, and Canada), Europe (United Kingdom, Spain, Germany, and France), Asia (China, India, and Japan), and ROW (Brazil) |
| Customization | 10% Customization without Any Additional Cost |
Table of Contents
1. Executive Summary
7.2 Emerging Trends in the Global Gene Panel Market
4.1 Global Gene Panel Market by Region
4.2.1 Market by Product & Service: Test Kits and Testing Services
4.2.2 Market by Technique: Amplicon-Based Approach and Hybridization-Based Approach
4.2.3 Market by Design: Predesigned Gene Panel and Customized Gene Panel
4.2.4 Market by Application: Cancer Risk Assessment, Diagnosis Of Congenital Diseases, Pharmacogenetics, and Other Applications
4.2.5 Market by End User: Research & Academic Institutes, Hospital & Diagnostic Laboratories, and Pharmaceutical & Biotechnology Companies
4.2.6 The United States Gene Panel Market
4.2.7 The Canadian Gene Panel Market
4.2.8 The Mexican Gene Panel Market
4.3.1 Market by Product & Service: Test Kits and Testing Services
4.3.2 Market by Technique: Amplicon-Based Approach and Hybridization-Based Approach
4.3.3 Market by Design: Predesigned Gene Panel and Customized Gene Panel
4.3.4 Market by Application: Cancer Risk Assessment, Diagnosis Of Congenital Diseases, Pharmacogenetics, and Other Applications
4.3.5 Market by End User: Research & Academic Institutes, Hospital & Diagnostic Laboratories, and Pharmaceutical & Biotechnology Companies
4.3.6 The United Kingdom Gene Panel Market
4.3.7 The Spanish Gene Panel Market
4.3.8 The German Gene Panel Market
4.3.9 The French Gene Panel Market
4.4.1 Market by Product & Service: Test Kits and Testing Services
4.4.2 Market by Technique: Amplicon-Based Approach and Hybridization-Based Approach
4.4.3 Market by Design: Predesigned Gene Panel and Customized Gene Panel
4.4.4 Market by Application: Cancer Risk Assessment, Diagnosis Of Congenital Diseases, Pharmacogenetics, and Other Applications
4.4.5 Market by End User: Research & Academic Institutes, Hospital & Diagnostic Laboratories, and Pharmaceutical & Biotechnology Companies
4.4.6 The Chinese Gene Panel Market
4.4.7 The Indian Gene Panel Market
4.4.8 The Japanese Gene Panel Market
4.5.1 Market by Product & Service: Test Kits and Testing Services
4.5.2 Market by Technique: Amplicon-Based Approach and Hybridization-Based Approach
4.5.3 Market by Design: Predesigned Gene Panel and Customized Gene Panel
4.5.4 Market by Application: Cancer Risk Assessment, Diagnosis Of Congenital Diseases, Pharmacogenetics, and Other Applications
4.5.5 Market by End User: Research & Academic Institutes, Hospital & Diagnostic Laboratories, and Pharmaceutical & Biotechnology Companies
4.5.6 Brazilian Gene Panel Market
7.1.1 Growth Opportunities for the Global Gene Panel Market by Product and Service
7.1.2 Growth Opportunities for the Global Gene Panel Market by Technique
7.1.3 Growth Opportunities for the Global Gene Panel Market by Design
7.1.4 Growth Opportunities for the Global Gene Panel Market by Application
7.1.5 Growth Opportunities for the Global Gene Panel Market by End User
7.1.6 Growth Opportunities for the Global Gene Panel Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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