PUBLISHER: Lucintel | PRODUCT CODE: 1387353
PUBLISHER: Lucintel | PRODUCT CODE: 1387353
Paternity & Relationship Testing Services Trends and Forecast
The future of the global paternity & relationship testing services market looks promising with opportunities in the legal, migrant, clinical, and discretionary markets. The global paternity & relationship testing services market is expected to grow with a CAGR of 9.8% from 2024 to 2030. The major drivers for this market are growing prevalence of genetic disorders and chromosomal abnormalities, increasing awareness towards the benefits of DNA testing, and rising demand for legal paternity testing.
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Paternity & Relationship Testing Services by Segment
The study includes a forecast for the global paternity & relationship testing services by product, application, and region.
Paternity & Relationship Testing Services Market by Product [Shipment Analysis by Value from 2018 to 2030]:
Paternity & Relationship Testing Services Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Paternity & Relationship Testing Services Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Paternity & Relationship Testing Services Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies paternity & relationship testing services companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the paternity & relationship testing services companies profiled in this report include-
Paternity & Relationship Testing Services Market Insights
Lucintel forecasts that reagents and kits will remain the largest segment as it includes DNA extraction kits, PCR kits, and reagents for gel electrophoresis and other analytical techniques which are important for performing paternity and relationship testing.
Within this market, legal will remain the largest segment due to rising need for establishing paternity for child support and other legal purposes and thus resolving child custody disputes.
North America will remain the largest segment over the forecast period due to well-established healthcare infrastructure in the region.
Features of the Global Paternity & Relationship Testing Services Market
Market Size Estimates: Paternity & relationship testing services market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Paternity & relationship testing services market size by product, application, and region in terms of value ($B).
Regional Analysis: Paternity & relationship testing services market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the paternity & relationship testing services market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the paternity & relationship testing services market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the growth forecast for paternity & relationship testing services market?
Answer: The global paternity & relationship testing services market is expected to grow with a CAGR of 9.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the paternity & relationship testing services market?
Answer: The major drivers for this market are growing prevalence of genetic disorders and chromosomal abnormalities, increasing awareness towards the benefits of DNA testing, and rising demand for legal paternity testing.
Q3. What are the major segments for paternity & relationship testing services market?
Answer: The future of the paternity & relationship testing services market looks promising with opportunities in the legal, migrant, clinical, and discretionary markets.
Q4. Who are the key paternity & relationship testing services market companies?
Answer: Some of the key paternity & relationship testing services companies are as follows:
Q5. Which paternity & relationship testing services market segment will be the largest in future?
Answer: Lucintel forecasts that reagents and kits will remain the largest segment as it includes DNA extraction kits, PCR kits, and reagents for gel electrophoresis and other analytical techniques which are important for performing paternity and relationship testing.
Q6. In paternity & relationship testing services market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest segment over the forecast period due to well-established healthcare infrastructure in the region.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.