The United States Genetic Diagnostics Market
by Dr. Hsien-Hsien Lei
Posted October 22, 2007 in DNA Testing
On one of my ramblings around the Web today, I came across this set of slides on genetic diagnostics technologies at SlideShare that was part of talks given at Canada’s MaRS Venture Group. The information is a little dated (March 2006 with 2005 data) but there are still many valid points.
Three types of genetic diagnostic applications are defined:
- Phamacogenomic testing - $95 million market value
- Prenatal newborn testing - $335 million market value
- Predisposition and diagnostic testing - $100 million market value
I expect these figures will skyrocket within a few years.
Some of the challenges listed:
- Healthcare providers are not adequately educated
- Healthcare conservatism
- FDA approval
Some of their recommendations:
- Clinician education
- Direct to consumer advertising (or maybe not?!)
- Promote anti-discrimination legislation (such as GINA, the Genetic Information Nondiscrimination Act)
Tags: genetics, genes, dna, MaRS, personalized medicine, pharmacogenomics, genetic testing, dna tests
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useful information. thanx.
I’m glad you found it interesting too!
i think that predisposition testing market should exceed prenatal tests in a near future.
That would definitely make sense!
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