Global Genetic Testing Market Trends

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Global Genetic Testing Market Size, Share, and Trends Analysis Report Trends

  • Medical Devices
  • May 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Rising Integration with AI and Big Data for Personalized Medicine”

  • A significant and accelerating trend in the global genetic testing market is the growing integration of artificial intelligence (AI), machine learning, and big data analytics to enhance diagnostic accuracy, streamline test interpretation, and enable personalized treatment recommendations based on genetic profiles
    • For instance, companies such as Tempus and PathAI are leveraging AI-powered platforms to interpret complex genomic data, helping physicians tailor therapies, particularly in oncology. AI tools assist in identifying rare mutations and matching patients with targeted treatments or clinical trials
  • AI integration in genetic testing enables faster processing of vast genomic datasets, improves variant classification, and reduces the likelihood of diagnostic errors. It also supports the development of polygenic risk scores, which are becoming increasingly useful for predicting the likelihood of common diseases such as diabetes and cardiovascular conditions
  • Moreover, cloud-based platforms such as Illumina Connected Analytics and Invitae’s Data Platform offer scalable infrastructure for storing and analyzing genetic data, facilitating seamless collaboration between laboratories, clinicians, and researchers
  • The ability to integrate genetic testing with electronic health records (EHRs) and other healthcare platforms allows for real-time clinical decision support, thereby increasing the utility of genetic data in everyday medical practice
  • This shift towards more intelligent, data-driven, and interconnected genetic testing solutions is transforming how genetic information is used in healthcare. Consequently, companies such as 23andMe and Fulgent Genetics are increasingly investing in AI-powered genomic platforms to expand their capabilities in disease prediction and personalized medicine
  • The demand for genetic testing solutions that offer precision, scalability, and actionable insights is growing rapidly across clinical diagnostics, research, and consumer segments, as stakeholders seek more targeted and effective healthcare solutions