
According to our latest report, “Global Genetic Testing Market Analysis”, with the total contribution of around 15%, the global genetic testing market represents one of the leading applications of molecular diagnostics. Genetic testing is currently available to assess the risk of developing a wide range of medical conditions and consumers’ preferences to opt or not opt for genetic test differs for varied diseases. Taking into consideration the total market size of around US$ 1.5 Billion in 2010, the global genetic testing market is likely to grow at a CAGR of 26% during 2012-2015 to reach US$ 4 Billion by the end of the period. Factors like increasing awareness level, proliferation in number of tests, and diseases are contributing a lot towards the growth.