Decreasing Cost of Genetic Testing is Anticipated to Propel the Demand for Genetic Counselling

The demand for genetic counselling is surging among general population as it empowers individuals and couples to make an informed decision regarding health and reproduction by knowing the genetic risks.
DELTA, British Columbia - Jan. 20, 2021 - PRLog -- The boost in government initiative to bolster rate for genetic counseling jobs, burgeoning number of genetic counselors in both industry and hospital along with rising awareness regarding genetic conditions among people and decreasing cost of genetic testing are some of the major factors projected to propel the growth of Global Genetic Counselling market over the forecast period.

According to MarkNtel Advisors' research report "Global Genetic Counselling Market Analysis, 2021", the Global Genetic Counselling market is anticipated to grow at a CAGR of around 11.5% during 2021-26. Based on Service Type, Risk Assessment is projected to grow at a robust rate over the forthcoming timeline. The person which has a serious medical family history on the maternal or paternal side usually opt for the risk assessment service to understand their genetic testing options and potential outcome.

"Global Genetic Counselling Market Analysis, 2021" provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Genetic Counselling providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

Asia-Pacific Acquired the Significant Market Share

Asia-Pacific acquired the significant market share in the Genetic Counselling market in 2020. The growth of the region is accredited to rising popularity of genetic test in the countries such as India, significant surge in the genetic counselling professional and growing awareness among people about occurrence or recurrence of a genetic disorder. Besides this, rapid development of genetic technologies, escalating government investment toward development of genetic counseling are the factors projected to place a lucrative opportunity for the growth of Genetic Counselling market in the region as stated in MarkNtel Advisors' research report "Global Genetic Counselling Market Analysis, 2021".

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