The United States Genetic Diagnostics Market

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:

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5 Comments »

Comment by ramunas

useful information. thanx.

I’m glad you found it interesting too!

 
 
Comment by ramunas

i think that predisposition testing market should exceed prenatal tests in a near future.

That would definitely make sense!

 
 

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