
Region:Global
Author(s):Shivani Mehra
Product Code:KROD10231
December 2024
98

By Test Type: The Indias genetic testing market is segmented by test type into diagnostic testing, carrier testing, predictive and presymptomatic testing, prenatal and newborn screening, and pharmacogenomics. Diagnostic testing holds a dominant market share due to its widespread application in identifying hereditary disorders and diseases. The increased demand for early diagnosis of genetic disorders and personalized healthcare solutions has significantly driven the adoption of diagnostic tests across hospitals and specialized clinics.

By Application: The genetic testing market includes oncology, cardiovascular diseases, neurological disorders, infectious diseases, and rare diseases. Oncology has emerged as a leading application area, driven by the growing importance of personalized cancer treatment. The use of genetic testing in oncology for identifying cancer-causing mutations and predicting treatment responses has made it a crucial tool in precision medicine, particularly for cancers such as breast, ovarian, and lung cancer.

The India genetic testing market is dominated by a few key players, most of whom are focused on developing advanced genetic testing solutions and expanding their testing portfolios. The market consolidation reflects the influence of companies that are heavily involved in personalized medicine, genomics research, and preventive healthcare.
|
Company |
Established |
Headquarters |
Specialization |
R&D Spending |
Global Reach |
Technological Partnerships |
Revenue (INR) |
Number of Employees |
Regional Focus |
|
Strand Life Sciences |
2000 |
Bangalore |
Diagnostic Testing Solutions |
- |
- |
- |
- |
- |
- |
|
MedGenome Labs Ltd. |
2013 |
Bangalore |
Genomics Research |
- |
- |
- |
- |
- |
- |
|
Mapmygenome India Ltd. |
2011 |
Hyderabad |
Preventive Healthcare |
- |
- |
- |
- |
- |
- |
|
Lilac Insights Pvt Ltd. |
2012 |
Mumbai |
Prenatal Genetic Testing |
- |
- |
- |
- |
- |
- |
|
Genes2Me Pvt Ltd. |
2016 |
Gurugram |
Carrier & Diagnostic Testing |
- |
- |
- |
- |
- |
- |
Market Growth Drivers
Market Challenges:
Over the next five years, the India genetic testing market is expected to experience substantial growth driven by advancements in genomics, increased accessibility to healthcare services, and growing demand for personalized medicine. The introduction of AI-powered diagnostic tools, alongside government initiatives promoting genetic research, will further catalyze market expansion. Additionally, as healthcare infrastructure in Tier-II and Tier-III cities develops, the market is likely to witness a broader adoption of genetic testing services across the country.
Market Opportunities:
|
By Test Type |
Diagnostic Testing Predictive and Presymptomatic Carrier Testing Prenatal and Newborn Screening Pharmacogenomics |
|
By Application |
Oncology Cardiovascular Diseases Neurological Disorders Infectious Diseases Rare Diseases |
|
By End User |
Hospitals and Clinics Diagnostic Laboratories Research Institutes Direct-to-Consumer |
|
By Technology |
PCR NGS FISH Microarray |
|
By Region |
North-East Midwest West Coast Southern States |
1.1. Definition and Scope
1.2. Market Taxonomy
1.3. Market Segmentation Overview
1.4. Key Market Dynamics (Regulatory Environment, Consumer Awareness, Technological Innovation)
2.1. Historical Market Size
2.2. Key Developments Impacting Market Size (Adoption in Healthcare, Personalized Medicine Trends)
2.3. Year-on-Year Growth Analysis
3.1. Growth Drivers
3.1.1. Increased Demand for Preventive Healthcare
3.1.2. Government Initiatives Supporting Genetic Testing
3.1.3. Rising Prevalence of Genetic Disorders
3.1.4. Technological Advancements (Precision Medicine, Next-Generation Sequencing)
3.2. Market Challenges
3.2.1. High Cost of Genetic Testing
3.2.2. Lack of Adequate Skilled Workforce
3.2.3. Limited Access in Rural Areas
3.3. Opportunities
3.3.1. Expansion into Tier-II and Tier-III Cities
3.3.2. Integration of AI and Data Analytics in Testing
3.3.3. Cross-Border Collaborations for Research and Development
3.4. Emerging Trends
3.4.1. Growth of Direct-to-Consumer Genetic Testing
3.4.2. Personalized Medicine as a Standard Care Approach
3.4.3. Adoption of Genetic Testing in Cancer Diagnosis
4.1. By Test Type (in Value %)
4.1.1. Diagnostic Testing
4.1.2. Predictive and Presymptomatic Testing
4.1.3. Carrier Testing
4.1.4. Prenatal and Newborn Screening
4.1.5. Pharmacogenomics
4.2. By Application (in Value %)
4.2.1. Oncology
4.2.2. Cardiovascular Diseases
4.2.3. Neurological Disorders
4.2.4. Infectious Diseases
4.2.5. Rare Diseases
4.3. By End User (in Value %)
4.3.1. Hospitals and Clinics
4.3.2. Diagnostic Laboratories
4.3.3. Research Institutes
4.3.4. Direct-to-Consumer
4.4. By Technology (in Value %)
4.4.1. Polymerase Chain Reaction (PCR)
4.4.2. Next-Generation Sequencing (NGS)
4.4.3. Fluorescence in situ Hybridization (FISH)
4.4.4. Microarray
4.5. By Region (in Value %)
4.5.1. North India
4.5.2. South India
4.5.3. East India
4.5.4. West India
4.5.5. Central India
5.1. Detailed Profiles of Major Companies
5.1.1. Strand Life Sciences
5.1.2. MedGenome Labs Ltd.
5.1.3. Mapmygenome India Ltd.
5.1.4. Lilac Insights Pvt Ltd.
5.1.5. Genes2Me Pvt Ltd.
5.1.6. PerkinElmer, Inc.
5.1.7. Quest Diagnostics
5.1.8. Thermo Fisher Scientific
5.1.9. Invitae Corporation
5.1.10. Illumina, Inc.
5.1.11. Agilent Technologies
5.1.12. Myriad Genetics
5.1.13. Fulgent Genetics
5.1.14. Natera, Inc.
5.1.15. Genomic Health, Inc.
5.2. Cross Comparison Parameters (Test Portfolio, R&D Spending, Regional Coverage, Technology Partnerships, Employee Strength, Revenue, Global Presence, Market Penetration)
5.3. Market Share Analysis
5.4. Strategic Initiatives
5.5. Mergers and Acquisitions
5.6. Investment Analysis
6.1. Compliance with National Medical Commission Regulations
6.2. Genetic Testing and Bioethics Standards
6.3. Data Protection Laws and Patient Privacy
7.1. Projections for Future Market Growth
7.2. Key Factors Influencing Future Demand
8.1. Strategic Market Entry/Expansion Recommendations
8.2. Product Differentiation Strategies
8.3. Untapped Opportunities in Regional Markets
Disclaimer Contact UsThe initial phase focuses on mapping key stakeholders within the India genetic testing market. Desk research combined with industry databases helps in identifying the critical variables influencing market dynamics, such as genetic testing adoption rates and healthcare spending.
Historical market data is collected, including the penetration of genetic testing services and the ratio of service providers to hospitals and clinics. This data is used to assess the revenue generated and market trends.
Experts from the genetic testing industry are consulted through interviews to validate key market hypotheses. These insights help in refining data on market drivers, challenges, and opportunities.
The final stage involves engaging with healthcare professionals and diagnostic companies to verify the findings. This step ensures that the research provides a comprehensive and validated analysis of the India genetic testing market.
The India genetic testing market was valued at INR 206.9 million, driven by the increasing adoption of personalized medicine and advancements in genomics technologies.
Key challenges include high costs of genetic tests, limited accessibility in rural regions, and a shortage of skilled professionals in genetic counseling and testing.
Key players include Strand Life Sciences, MedGenome Labs Ltd., Mapmygenome India Ltd., Lilac Insights Pvt Ltd., and Genes2Me Pvt Ltd. These companies dominate due to their strong R&D capabilities and partnerships in genomics research.
Growth is driven by increasing awareness of genetic diseases, the rising demand for preventive healthcare, and advancements in technologies such as next-generation sequencing.
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