Nephro Genetic Testing Market

Nephro Genetic Testing Market - Global Industry Analysis and Opportunity Assessment 2021 - 2031

Nephro Genetic Testing Market Segmented By Next generation sequencing and Multiplex Ligation-dependent Probe Amplification (MLPA) Technique

Industry: Healthcare

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Nephro Genetic Testing Market Forecast and CAGR

According to the latest research by Persistence Market Research, the nephro genetic testing market is set to witness positive growth of CAGR 5.5% during 2021-2031. Nephrogenetic disorder are hereditary and are passed from one generation to another.

These are caused by any genetic alteration in the genes affecting the kidney functions and formation of renal cyst. Some of the common genetic renal disorders include Autosomal Dominant Polycystic Kidney Disease (ADPKD), Gitelman Syndrome, Nephronophthisis, etc.

The nephro genetic testing market is majorly driven by advancements in DNA sequencing techniques and increasing research in the domain. These method provide an accurate course of treatment and specific investigations.

What Is Driving Demand for Nephrogenetic Testing?

The market is majorly driven by increase in the prevalence of genetic renal disorders, technological advancements in the screening techniques, awareness about genetic testing and increasing research and development. Various technological advancements are happening in DNA sequencing. Next-generation sequencing is the new method that is currently used for DNA sequencing.

Another driver is the prevalence of various nephrological disorders. According to report, the genetic renal disorder affects 5-15% of adult population. This increase in the prevalence therefore acts as a driven for nephrological testing market.

An increase in the awareness about the genetic testing for the disorder and R & D investment by the companies for developing new techniques is expected to increase demand for nephrogenetic testing during the forecast period.

Impact of COVID on Nephro Genetic Testing Market

COVID-19 had an impact on the nephrogenetic testing market. Since only the essential treatments were allowed during the pandemic, the screening and many early signs of nephrogentic disorders went undetected.

During this pandemic times, the hospitals started giving nephrogenetic counselling through telephone videoconferencing (telegenetics) for remote places. However, this pandemic has allowed researchers to come up with new techniques for nephrogenetic testing. The market had an overall negative impact due to COVID-19.

Who Are The Key Manufacturers Of Nephrogenetic Testing?

Some of the leading manufacturers of nephrogenetic testing include

  • Centogene N.V.
  • MedGenome
  • Blueprint Genetics Oy
  • Invitae Corporation
  • Natera Inc.

Regional Outlook Of Nephro Genetic Testing Market

North America with countries like US and Canada re dominating the nephrogenetic market. The presence of major players and increase in the investments by them are driving the market.

Also, the governmental initiatives for genetic testing and increase in funding act as a driver for the market. In addition to this, the prevalence rate of genetic renal disorder is high. For instance, according to a report, 13% of blacks in US carry APOL1 gene, which is responsible for causing renal diseases.

Another region that is expected to dominate the market is Asia followed by Europe. This is due to presence of some player like MedGenome in this region and increase in life science research is expected to drive the market.

Key Segments

By Technique

  • Next generation sequencing
  • Multiplex Ligation-dependent Probe Amplification (MLPA)

By End-user

  • Hospitals
  • Specialty clinics
  • Research institutes
  • Diagnostics laboratories

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Nephro Genetic Testing Market Report Highlights:

  • Detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprints

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

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Companies Covered in This Report

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