MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Genetic Counseling Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Genetic Counseling Market: 2023-2028
The Genetic Counseling market is projected to grow at a CAGR of around 11.5% during the forecast period, i.e., 2023-28.
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What are the primary factors driving the growth of the Genetic Counseling Market?
Global Genetic Counseling Market Driver – Rising Cases of Genetic Deformities in Pregnancies
The increasing number of cases involving genetic deformities in pregnancies has positively impacted the Genetic Counseling Market. There are growing concerns among individuals over the health & well-being of their newborns, along with an increased incidence of mortality linked with genetic deformities in newborns. For instance:
According to the Centers for Disease Control and Prevention (CDC), the US experienced around a 3% mortality rate among patients suffering from genetic deformities in 2022.
These concerns lead parents to opt for improved prevention. Genetic counselors allow patients to identify hereditary or chromosomal deformities in fetuses, such as Down syndrome & Edward syndrome. Detecting these conditions enable clinicians to provide better treatment & care. Thus, as genetic mortality cases rise, the need for genetic counselors is likely to surge and spur growth in the Genetic Counseling Market in the coming years.
Genetic Counseling Market Segmentation:
The Genetic Counseling Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Type of Service
-Pre-Counseling Support
-Post-Counseling Support
- Pre-counseling support has been one of the most adopted services in the Global Genetic Counseling Market.
By Model
-Direct-to-Consumer
-Healthcare Providers
By Indications
-Cardiogenetics
-Hereditary Oncology
-Pediatric Neurology
-Pharmacogenomics
-Others (Preimplantation Genetic Diagnosis (PGD) Counseling, Carrier Testing, & Counseling, etc.)
By Application
-Genetic Counseling for Intent-to-Treat Patients (ITT)
-Prenatal and Preconception Care
-Reproductive Planning and Family Building
-Others (Indication Risk Assessment, Genetic Education & Advocacy, etc.)
Geographical Analysis into the Vivid Hair Dye Market:
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, Egypt, South Africa, Rest of the Middle East & Africa
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/global-genetic-counseling-market.html
Competitive Landscape and Genetic Counseling Market Share Analysis:
The competitive landscape of the Genetic Counseling Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Invitae Corporation, Quest Diagnostics Incorporated, Arup Laboratories, Genome Medical, Laboratory Corporation of America, Easy DNA, Biron Health Group, GeneDx, BGI Group, Neuberg Center for Genomic Medicine (NCGM), Lilac Insights, Metis Genetics, Veritas Intercontinental, Grey Genetics, LLC, My Gene Counsel and others
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Genetic Counseling Market growth?
- How is the Genetic Counseling Market expected to grow over the next five years?
- What are the key insights into the current trends in the Genetic Counseling Market?
- What is the current size of the Genetic Counseling Market, and how is it projected to change in the future?
- What is the future outlook for the Genetic Counseling Market in terms of technological advancements and market expansion?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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