Cardiovascular Genetic Testing Market – Global Industry Trends & Forecast to 2029

 

1.
Data Bridge Market Research analyses that the cardiovascular genetic testing market which was USD 8722 million in 2021, would rocket up to USD 20465.21 million by 2029, and is expected to undergo a CAGR of 11.25% during the forecast period 2022 to 2029.
Cardiovascular Genetic Testing Market Regional Analysis/Insights
The cardiovascular genetic testing market is analysed and market size insights and trends are provided by country, type, disease and technology as referenced above.
The countries covered in the cardiovascular genetic testing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is dominating the market due to its increased use of genetic testing. This is due to a number of factors, including the presence of well-established healthcare facilities, improved knowledge of genetic abnormalities, and technological breakthroughs.
Asia-Pacific is expected to grow in emerging economies due to increased accessibility to healthcare facilities in the region, increased public awareness, increased demand for targeted therapy and personalised medicine, and an increase in disposable income.
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3.Covid-19 Impact on Cardiovascular Genetic Testing Market
The recent COVID-19 outbreak has increased demand for cardiovascular genetic testing. Major market participants focus on delivering testing kits to hospitals, diagnostic labs, and other healthcare settings to reduce the burden of the high number of positive cases. The pandemic of COVID-19 has prompted a boom in the creation of genetic test kits. Hospitals and other healthcare facilities are under increasing pressure to care for COVID-19-infected people as illnesses rise every day. In addition, most genetic testing facilities have used virtualization and home testing kits/home sample collection to combat the spread of the SARS-CoV2 virus.
Recent Development
·          In November 2020, the FDA expanded the approval of a cancer blood test known as “liquid biopsy,” which detects genetic alterations in tumour DNA in the blood and can help match patients to appropriate treatments.
·          In August 2020, the FDA authorised Guardant360 CDx and FoundationOne Liquid CDx from Guardant Health and Foundation Medicine for use as companion diagnostic tests and general tumour profiling.
4.
Key Players Cardiovascular Genetic Testing Market
·         Abbott (U.S)
·         Bio-Rad Laboratories Inc. (U.S)
·         Danaher (U.S)
·         Daan Gene Co., Ltd. (Canada)
·         F. Hoffmann-La Roche, Ltd. (Switzerland)
·         Genentech, Inc. (U.S)
·         Genomictree, Inc. (South Korea)
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7.
MAJOR TOC OF THE REPORT
Ø  Chapter One: Introduction
Ø  Chapter Two: Market Testing Type
Ø  Chapter Three: Market Application
Ø  Chapter Four: Executive Summary
Ø  Chapter Five: Premium Insights
Ø  Chapter Six: Global Brain Monitoring Market by Product & Procedure type
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8.
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9.
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

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Data Bridge Market Research
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