Product Code: ETC8842111 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Genetic services in the Philippines are gaining traction as more individuals seek genetic counseling, screening, and diagnostic services. Hospitals and private clinics are offering specialized genetic testing to detect hereditary diseases, assess risks, and guide personalized treatment plans. The growing awareness of genetics in healthcare is fueling the expansion of this market.
The increasing adoption of genetic testing for disease risk assessment, ancestry tracing, and reproductive health is driving the genetic services market in the Philippines. Growing awareness of the benefits of genetic counseling and precision medicine has boosted demand. The expansion of diagnostic laboratories and the integration of AI in genetic data analysis have further enhanced market efficiency. Additionally, government initiatives supporting genetic research and public health genomics programs are accelerating market growth.
The genetic services market in the Philippines encounters barriers due to a shortage of skilled professionals and limited insurance coverage. Genetic counseling and testing require specialized expertise, which is lacking in the country. Additionally, most genetic services are not covered by health insurance, making them expensive for the average consumer. The lack of standardized guidelines for genetic testing further complicates market expansion.
The Philippines` genetic services sector is expanding due to the growing demand for DNA testing, ancestry analysis, and genetic counseling. Investment opportunities exist in diagnostic services, genetic consultation platforms, and laboratory infrastructure. With rising awareness of genetic disorders and precision medicine, strategic partnerships with hospitals, research centers, and government health programs can accelerate market growth.
Genetic services, including genetic counseling and testing, are governed by the DOH and the FDA. Policies aim to standardize genetic testing procedures while ensuring patient confidentiality and ethical compliance. The government promotes the expansion of genetic services through public healthcare initiatives, but accessibility remains a challenge due to the high cost of testing. Efforts are being made to integrate genetic services into the Philippine Health Insurance Corporation (PhilHealth) coverage.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Genetic Analysis Services Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Genetic Analysis Services Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Genetic Analysis Services Market - Industry Life Cycle |
3.4 Philippines Genetic Analysis Services Market - Porter's Five Forces |
3.5 Philippines Genetic Analysis Services Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Genetic Analysis Services Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Genetic Analysis Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Genetic Analysis Services Market Trends |
6 Philippines Genetic Analysis Services Market, By Types |
6.1 Philippines Genetic Analysis Services Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Genetic Analysis Services Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Genetic Analysis Services Market Revenues & Volume, By Whole genome sequencing, 2021- 2031F |
6.1.4 Philippines Genetic Analysis Services Market Revenues & Volume, By Database pertaining to genomics, 2021- 2031F |
6.1.5 Philippines Genetic Analysis Services Market Revenues & Volume, By Genetic disease forecasting, 2021- 2031F |
6.2 Philippines Genetic Analysis Services Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Genetic Analysis Services Market Revenues & Volume, By Biomarkers, 2021- 2031F |
6.2.3 Philippines Genetic Analysis Services Market Revenues & Volume, By Drug discovery, 2021- 2031F |
6.2.4 Philippines Genetic Analysis Services Market Revenues & Volume, By Diagnostics, 2021- 2031F |
6.2.5 Philippines Genetic Analysis Services Market Revenues & Volume, By Identity confirmation, 2021- 2031F |
7 Philippines Genetic Analysis Services Market Import-Export Trade Statistics |
7.1 Philippines Genetic Analysis Services Market Export to Major Countries |
7.2 Philippines Genetic Analysis Services Market Imports from Major Countries |
8 Philippines Genetic Analysis Services Market Key Performance Indicators |
9 Philippines Genetic Analysis Services Market - Opportunity Assessment |
9.1 Philippines Genetic Analysis Services Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Genetic Analysis Services Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Genetic Analysis Services Market - Competitive Landscape |
10.1 Philippines Genetic Analysis Services Market Revenue Share, By Companies, 2024 |
10.2 Philippines Genetic Analysis Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |