What is Breast Cancer Predictive Genetic Testing?
Breast cancer is a subset of the broader breast disease. As a result, typical breast cancer symptoms include the formation of red lumps in the breast and skin lumps. Being overweight, inactive, and drinking too much alcohol are all risk factors for developing breast cancer. Presymptomatic testing is another name for predictive gene testing. Given that this test is completed even before the early signs of the disease or disorder are visible, it allows determining a person's risk of suffering from disorder or disease. Predictive breast cancer gene testing is used to determine a person's risk of developing the disease if they have a family history of it. Early identification of breast cancer allows the patient to be entirely cured and the affected breast to be saved. Since the benefits of early detection of breast cancer have been recognized, governments and non-governmental organisations all over the world have begun to take steps to raise awareness about the disease and early detection tools available in their individual jurisdictions.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Roche (United States), Thermo Fisher Scientific (United States), PerkinElmer (United States), Quest Diagnostics (United States), Myriad Genetics (United States), Cancer Genetics, Inc. (Italy), OncoCyte Corporation (United States) and NeoGenomics (United States) |
CAGR | % |
The market study is broken down by Type (High Penetrant Genes, Intermediate Penetrant Genes and Low Penetrant Genes), by Application (Hospitals, Clinic Center, Pharmaceuticals, Research institutes and Diagnostics laboratories) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Breast Cancer Predictive Genetic Testing market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Roche (United States), Thermo Fisher Scientific (United States), PerkinElmer (United States), Quest Diagnostics (United States), Myriad Genetics (United States), Cancer Genetics, Inc. (Italy), OncoCyte Corporation (United States) and NeoGenomics (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Breast Cancer Predictive Genetic Testing market by Type, Application and Region.
On the basis of geography, the market of Breast Cancer Predictive Genetic Testing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 8 December 2021, Thermo Fisher Scientific Inc., the world leader in serving science, announced that it has completed its acquisition of PPD, Inc., a leading global provider of clinical research services to the biopharma and biotech industry
Market Trend
- Advancements In The Medical Science
Market Drivers
- Increasing Prevalence Of Breast Cancer
- Increased Number Of Diagnostic Centers
Opportunities
- Growth In The Healthcare Industry
- Increased Research And Development Activities
Restraints
- High Initial Capital Investments
- The Challenging Task Of Selecting The Most Suitable Genetic Test For Each Patient
Challenges
- Strict Government Regulations For Predictive Breast Cancer Genetic Tests
Key Target Audience
Breast Cancer Predictive Genetic Testing, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.