Gene Panel Market by Product and Geography - Forecast and Analysis 2021-2025
- Published: Jun 2021
- Pages: 120
- SKU: IRTNTR40613
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The gene panel market has the potential to grow by USD 2.17 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 17.56%.
This gene panel market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (small panel testing and large panel testing) and geography (North America, Europe, Asia, and ROW). The gene panel market report also offers information on several market vendors, including Agilent Technologies Inc., BGI Genomics Co. Ltd., Eurofins Scientific SE, F. Hoffmann-La Roche Ltd., GENEWIZ Inc., Invitae Corp., Novogene Corp., Personalis Inc., QIAGEN NV, and Thermo Fisher Scientific Inc. among others.
What will the Gene Panel Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Gene Panel Market
Gene Panel Market: Key Drivers and Trends
Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The growing use of gene panels in cancer-targeted therapies is notably driving the gene panel market growth, although factors such as challenges in implementing large NGS gene panels may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the gene panel industry get your FREE report sample now.
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This gene panel market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Gene Panel Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Agilent Technologies Inc.
- BGI Genomics Co. Ltd.
- Eurofins Scientific SE
- F. Hoffmann-La Roche Ltd.
- GENEWIZ Inc.
- Invitae Corp.
- Novogene Corp.
- Personalis Inc.
- QIAGEN NV
- Thermo Fisher Scientific Inc.
The gene panel market is concentrated and the vendors are deploying growth strategies such as developing and offering advanced and innovative products to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the gene panel market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Gene Panel Market?
For more insights on the market share of various regions Request for a FREE sample now!
44% of the market’s growth will originate from North America during the forecast period. The US is a key market for gene panels in North America. However, the market growth rate in this region will be slower than the growth of the market in Europe.
The presence of advanced healthcare infrastructure and the growing prevalence of various oncology and genetic disorders will facilitate the gene panel market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating Product Segments in the Gene Panel Market?
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The gene panel market share growth by the small panel testing segment will be significant during the forecast period. The market has witnessed an increase in the use of small panel testing, mainly because of the increasing need to identify a known gene mutation that exists within a family. Factors such as technological advancements are resulting in an increase in the number of small panel testing offerings from vendors, which, in turn, is driving their demand.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the gene panel market size.
What are the Key Factors Covered in this Gene Panel Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive gene panel market growth during the next five years
- Precise estimation of the gene panel market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the gene panel industry across North America, Europe, Asia, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of gene panel market vendors
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Gene Panel Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 18% |
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Market growth 2021-2025 |
$ 2.17 billion |
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Market structure |
Concentrated |
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YoY growth (%) |
17.21 |
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Regional analysis |
North America, Europe, Asia, and ROW |
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Performing market contribution |
North America at 44% |
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Key consumer countries |
US, Germany, UK, China, and France |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Agilent Technologies Inc., BGI Genomics Co. Ltd., Eurofins Scientific SE, F. Hoffmann-La Roche Ltd., GENEWIZ Inc., Invitae Corp., Novogene Corp., Personalis Inc., QIAGEN NV, and Thermo Fisher Scientific Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Small panel testing - Market size and forecast 2020-2025
- Large panel testing - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
- Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- Asia - Market size and forecast 2020-2025
- ROW - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Agilent Technologies Inc.
- BGI Genomics Co. Ltd.
- Eurofins Scientific SE
- F. Hoffmann-La Roche Ltd.
- GENEWIZ Inc.
- Invitae Corp.
- Novogene Corp.
- Personalis Inc.
- QIAGEN NV
- Thermo Fisher Scientific Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Frequently Asked Questions?
- US
- Germany
- UK
- China
- France
- Growing use of gene panels in cancer-targeted therapies
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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