Understanding the Global Gene Panel Market Trends 2023: Genomic Medicine Takes the Lead

Gene panel, also known as a gene panel test or panel sequencing, is a type of genetic test that analyzes multiple genes simultaneously for variations or mutations associated with a specific condition or disease. Gene panel tests are typically used for diagnostic or screening purposes in clinical genetics and genomics to identify genetic mutations that may be associated with certain diseases or conditions. Gene panel tests can be customized to include a set of genes that are relevant to a specific disease or condition, and can be performed using different technologies such as next-generation sequencing (NGS) or polymerase chain reaction (PCR).

Gene Panel Companies:

  • Illumina, Inc.
  • BGI
  • Agilent Technologies
  • Eurofins Scientific
  • QIAGEN
  • GENEWIZ, Inc.
  • Novogene Corporation
  • Personalis
  • Thermo Fisher Scientific
  •  F. Hoffmann-La Roche AG

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There are two major types in Gene Panel Techniques:

  • Targeted Gene Panel Testing
  • Untargeted disease gene panel testing

Targeted Gene Panel Testing:

Targeted Gene Panel technique is used when specific genes are associated with a specific genetic condition is inspected simultaneously. These tests read the details coded in the exons. Targeted gene panels enlarged include hearing impairment, eye disorders, and epilepsy which are caused by various mutations in separate genes.

Untargeted disease Gene Panel Testing:

Untargeted disease Gene Panel test covers the exons of all roughly 2600 genes related to the disease and their function. Untargeted disease Gene Panel Testing is done when many genes are required, such as intellectual disability, or where the selected panel has not disclosed a result for the family.

Which factors are expected to drive global Gene Panel Market growth?

The global Gene Panel market is expected to grow due to several factors, including increasing demand for personalized medicine, rising prevalence of genetic disorders, technological advancements in sequencing technologies, and growing applications of Gene Panel in oncology research and diagnostics. Additionally, the increasing number of collaborations and partnerships among key players in the market and the increasing adoption of Gene Panel in emerging economies are also expected to contribute to the growth of the market.

Gene Panel Market segmentation can be done based on several factors, including:

By Product and Services

  • Test Kits
  • Testing Services

By Technique    

  • Amplicon-based Approach
  • Hybridization-based Approach

By End Users     

  • Research and Academic Institutes
  • Hospital and Diagnostic Laboratories
  • Pharmaceutical and Biotechnology Companies

By Application  

  • Cancer Risk Assessment
  • Diagnosis of Congenital Diseases
  • Pharmacogenetics
  • Other Applications

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Key benefits of the report:

  • This study presents the analytical depiction of the global Gene Panel industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Gene Panel market share.
  • The current market is quantitatively analyzed to highlight the global market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global Gene Panel market analysis based on competitive intensity and how the competition will take shape in coming years.

Our Market Research Solution Provides You Answer to Below Mentioned Question:

  • Which are the driving factors responsible for the growth of market?
  • Which are the roadblock factors of this market?
  • What are the new opportunities, by which market will grow in coming years?
  • What are the trends of this market?
  • Which are main factors responsible for new product launch?
  • How big is the global & regional market in terms of revenue, sales and production?
  • How far will the market grow in forecast period in terms of revenue, sales and production?
  • Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
  • How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
  • Which region has more opportunities?

By Region Outlook 

• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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