London, 13 October 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global PGD Market, which is expected to post a CAGR of 6.30 percent from 2014-2018.
About Preimplantation Genetic Diagnosis (PGD)
PGD involves the identification of genetic defects in embryos. The increasing rate of infertility in both men and women due to factors like late-age pregnancy, widespread obesity, drug abuse and excessive use of alcohol has helped the market gain traction.
About the Report
The latest report by TechNavio focuses on the growing opportunity for Direct-To-Consumer (DTC) Testing. This involves the marketing of genetic tests directly to consumers without involving healthcare professionals via various channels like print advertisements, television advertisements or internet. The growing awareness of genetic disorders is expected to promote its usage, thus allowing users to perform genetic testing at home.
“With the growing prospects for DTC Genetic Testing, it is estimated that this market will report a revenue of more than US$200 million by 2018,” says Faisal Ghaus, Vice President of TechNavio.
“People have started using DTC genetic testing for various purposes like ancestry or paternity identification and also to analyze the probability of the occurrence of genetic disorders in their child. The advances in genetic testing technology will support the use of DTC genetic testing.”
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Increasing Rate of Infertility
- For a full detailed list, view our report.
Market Challenges:
- High Cost of PGD
- For a full detailed list, view our report.
Market Trends:
- Growing Opportunity for DTC Genetic Testing
- For a full detailed list, view our report.
Key Vendors:
- Genesis Genetics
- Laboratory Corporation of America Holdings
- Reproductive Genetics Institute
- Reprogenetics LLC
Other Prominent Vendors:
- Abbott Laboratories
- F. Hoffmann-La Roche
- Illumina
- Natera
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