Key Findings
The Asia-Pacific genetic testing market is projected to register a CAGR of 10.49% during the forecast period, 2022-2030. High population, developing economies, increasing cases of cancer, and low cost of professional services and treatments are expected to propel the market growth.

Market Insights
The Asia-Pacific genetic testing market growth evaluation includes the assessment of China, Thailand, Australia & New Zealand, Indonesia, South Korea, India, Japan, and Rest of Asia-Pacific. Japan is a highly developed market with AI capabilities and futuristic technology in the medical field. Moreover, prenatal testing has caught up in the Japanese market post-World War II. Also, genetic testing has grown in popularity among the geriatric population of the country.
Additionally, India is known for its immense capabilities to produce drugs and medicines. Also, India remains a popular destination for medical tourism. With the rapidly increasing population in the country, the cost of tests is reducing significantly with the rising volumes in addition to several major companies operating in the sector.
In Singapore, the Singapore Cancer Action Network (SCAN) has issued guidelines for referrals of genetic testing that serve as a guide for clinicians. There is an increasing demand for genetic testing for hereditary cancer syndromes as the population is well educated coupled with greater awareness. Hence, these factors are set to propel the Asia-Pacific genetic testing market growth during the forecast years.

Competitive Insights
Some of the important market players include Luminex Corporation, Quest Diagnostics Inc, 23&Me Inc, Illumina Inc, Roche Diagnostics Inc, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments