Analyzing the Future Landscape: Genetic Counseling Market By 2028, With a Striking CAGR of 11.5% – MarkNtel Advisors

Muhammad Sohail 13 March 2024

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Table of Contents

Global Genetic Counseling Market Size, Share, Trends, Analysis Future and forecast 2023-28

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Let’s Run Through the Genetic Counseling Market Insights to Have a Clear View

The Global Genetic Counseling Market is projected to grow at a CAGR of around 11.5% during the forecast period, i.e., 2023-28.

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Examining the Top Competitors of the Genetic Counseling Market Size:

In this section, we will explore the Genetic Counseling Market from a competitive perspective, providing information on company profiles, financials, resources, key initiatives, R&D investments, strengths, weaknesses, and more. Leading companies in the market often form partnerships & collaborations to engage in joint venture programs, facilitating efficient resource sharing & goal achievement. Now, let’s delve into the details & acquaint ourselves with these market players.

Invitae Corporation
Quest Diagnostics Incorporated
Arup Laboratories
Genome Medical
Laboratory Corporation of America
Easy DNA
Biron Health Group
GeneDx
BGI Group
Neuberg Center for Genomic Medicine (NCGM)
Lilac Insights
Metis Genetics
Veritas Intercontinental
Grey Genetics, LLC
My Gene Counsel
others

A Comprehensive Overview of Geographical Diversity:

the Global Genetic Counseling Market expands across:

North America
South America
Europe
Middle East & Africa
Asia-Pacific

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Market Driver: Rising Cases of Genetic Deformities in Pregnancies

The increasing number of cases involving genetic deformities in pregnancies has positively impacted the Genetic Counseling Market. There are growing concerns among individuals over the health & well-being of their newborns, along with an increased incidence of mortality linked with genetic deformities in newborns. For instance:

According to the Centers for Disease Control and Prevention (CDC), the US experienced around a 3% mortality rate among patients suffering from genetic deformities in 2022.

These concerns lead parents to opt for improved prevention. Genetic counselors allow patients to identify hereditary or chromosomal deformities in fetuses, such as Down syndrome & Edward syndrome. Detecting these conditions enable clinicians to provide better treatment & care. Thus, as genetic mortality cases rise, the need for genetic counselors is likely to surge and spur growth in the Genetic Counseling Market in the coming years.

Genetic Counseling Market Segmentation Outline:

By Type of Service (Pre-Counseling Support, Post-Counseling Support)
By Model (Direct-to-Consumer, Healthcare Providers)
By Indications Cardiogeneticsm Hereditary Oncology, Pediatric Neurology, Pharmacogenomics, Others (Preimplantation Genetic Diagnosis (PGD) Counseling, Carrier Testing, & Counseling, etc.))
By Application (Genetic Counseling for Intent-to-Treat Patients (ITT), Prenatal and Preconception Care, Reproductive Planning and Family Building, Others (Indication Risk Assessment, Genetic Education & Advocacy, etc.))

Key Questions Addressed in the Genetic Counseling Market Research Report:

What is the estimated size, share, & CAGR of the Genetic Counseling Market in the forecast period?
What are the key trends projected to impact the Genetic Counseling Market during 2023-28?
What are the different segments & sub-segments considered in the Genetic Counseling Market research study?
Who are the key stakeholders and players participating in the Genetic Counseling Market?
What would be the demand for different types of products/services in the Genetic Counseling Market through 2028?

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Note: The Genetic Counseling Market can further be customized with multi-dimensional, deep-level, & high-quality insights as per the specific requirements of clients to help them garner the industry’s prospects, effortlessly encounter market challenges, adequately formulate different strategies, and make sound decisions to remain competitive in the market.

About MarkNtel Advisors

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We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfil their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.