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Genetic Testing

Market for genetic testing expected to reach $6.5 billion

By November 15, 2015February 8th, 2019No Comments

The global market for genetic testing was $3.2 billion in 2014 but is expected to grow to $6.5 billion by 2022.  Factors expected to contribute to this growth include the aging population, growing awareness of the tests, availability of direct-to-consumer tests and increasing incidence of genetic disorder.

Genetic testing for certain cancers is likely to be the fastest-growing segment.

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