Genetic Toxicology Testing Market is Slated to Evolve at a Stellar 12.7% CAGR through 2031 | SkyQuest Technology [Yahoo! Finance]
Labcorp Holdings Inc. (LH)
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Source: Yahoo! Finance
The market is driven by the growing emphasis on genetic testing and genetic health, rising use of personalized and preventive healthcare measures, and the imposition of stringent mandates to promote genetic toxicology testing. The market is segmented by type, product, application, and region, with reagents and consumables accounting for a dominant share. North America is expected to be the leading region, driven by the presence of prominent biotechnology companies and high investments in medical R&D. However, the market is also restrained by complexity in result interpretation, ethical and privacy concerns, and limited detection capabilities. Genetic toxicology testing is a critical component of the broader pharmaceutical, biotechnology, and chemical industries. Westford, USA, Nov. 28, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the genetic toxicology testing market size will attain a value of USD 3.84 billion by 2031, with a CAGR of 12.7% over the forecast period (2024-2031).
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LH
Earnings
- 10/24/24 - Beat
LH
Sec Filings
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- 12/4/24 - Form 4
- LH's page on the SEC website