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Advanced Technology For Global Genetic Analysis Services Market Over The Period 2017 - 2022

(IT-NEWSWIRE.COM, January 20, 2017 ) Genetic analysis is the study of genes or gene mutations done by conducting various laboratory experiments on the fundamental code of life i.e. DNA or RNA. These tests are usually performed to test either the possibility of the occurrence of a disease or simply to understand the errors in the metabolic system programming. However, the most prevalent and well known of these are forensic tests done to confirm a person/suspect’s identity or to confirm genetic relation between multiple persons, the former being state judiciary’s responsibility (criminal cases) and the latter done majorly for private reasons (paternity tests, etc). Beside these popular tests, genetic analysis is used for a number of scientific and academic research purposes. Genetic analysis has come a long way since GJ Mendel and Watson-Crick introduced the fundamentals of genetics, today it is the most diverse analytic study making it an eternal part of various diagnostic studies.

The technology required for genetic analysis has advanced in the last decade to an extent where every aspiring, amateur or experienced scientist can easily acquire the ingredients required to conduct an analysis of their own. There has been a spurt of new companies offering the services to customers at various price ranges depending upon the type of service, their degree of accuracy and detail. Services range from whole genome sequencing which is the most expensive and labor intensive, to the specific gene sequencing tests done mainly to study specific outcome possibilities such as genetic diseases and compatibility. These tests have been personalized to such an extent that nowadays these tests are performed even to check marital compatibility. With such highly customized services being offered, there is no proper structure or regulation in process to segment the market effectively.

Some of the market players operating in this genetic analysis services market include Agilent Technologies, Life Technologies, GE Healthcare, Bio-Rad Laboratories, 23andMe, Roche Diagnostics Corporation, Illumina, Inc., Affymetric, Inc., Qiagen, N.V. and others.

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