Global Genetic Fortune Telling Market: Market Research by Knowledge Sourcing Intelligence

The global genetic fortune telling market is projected to grow at a CAGR of XX% to reach US$ XXX.XX  million by 2023, from US$XXX.XX million in 2017. Genetic fortune telling utilizes the genome information of an individual to predict the chances of getting heart disease, cancer, IQ, level of smartness, etc. Polygenic risk score summarizes the genome-wide genotypic data into a single variant which is further used to identify the possibility of genetic liability for a trait or disease. The demand for genetic fortune telling can be attributed to its growing adaptation to identify the risk of various disease and a significant drop in the prices. The research and advancement in regards to genetic fortune telling and testing are projected to create new avenues for the automated liquid handling systems market. However, Dearth of experienced professionals in the field of the genetic fortune telling is expected to hamper its demand in the given time frame.
sample view of global genetic fortune telling market: market analysis by knowledge sourcing intelligence
Sample View of Global Genetic Fortune Telling Market Forecast

Global Genetic Fortune Telling by Application:
By application, the global genetic fortune telling market is segmented into familial health, development of new treatments for untreatable diseases, direct-to-consumer genetic testing, genetic profiling of newborn (Genetic report cards), and disease prediction. The market is propelled to grow during the forecast period owing to the research activities carried on a global level on genetics. Also, growing awareness among people regarding early disease detection is further fueling the market growth during the forecast period. Genetic profiling of newborn and disease prediction expected to show a significant market share on the basis of the growing trend of early disease detection, the demand for genetic profiling of a newborn. The market research provides a detailed analysis of global genetic fortune telling market on the basis of the various segment like- by application, by geography, etc.

Global Genetic Fortune Telling by Geography:
The North America global genetic fortune telling market is estimated to grow at a CAGR of XX.XX% to reach a market size of US$XX.XX million in 2023 from US$XX.XX million in 2017. The regional market has been further segmented into country-level markets with a focus on the U.S.A., Canada, Mexico, and other countries. The U.S.A is projected to hold a significant market share on account of high health expenditure and growing adoption of new technologies in the treatment of various diseases. According to the Centers for Disease Control and Prevention, six out of ten people in the North American region is suffering from the more than one chronic disease, this includes cardiovascular diseases, cancer, stroke, and diabetes among other diseases. For this, efforts are being carried out in order to mitigate these diseases, thus, genetic fortune telling is poised to play an important role in disease detection and will also help in finding an effective cure. Additionally, in the clinical trials, the genetic fortune telling is poised to play an important role where pharma industries in the North American region can test the efficacy of their drugs on high-risk volunteers, thus, providing an accurate cure.
sample view of global genetic fortune telling market: market analysis by knowledge sourcing intelligence
Sample View of Global Genetic Fortune Telling Market by Geography


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For our Healthcare Industry coverage:

Increasing critical care admissions coupled with the increased ability of the people to spend on healthcare has helped the market to grow. 

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