Global Carrier Screening Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Test Type;

Molecular Screening Test and Biochemical Screening Test.

By Disease Type;

Cystic Fibrosis, Tay-Sachs, Gaucher Disease, Sickle Cell Disease, Spinal Muscular Atrophy and Other Autosomal Recessive Genetic Disorders.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn447905702 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Carrier Screening Market (USD Million), 2020 - 2030

In the year 2023, the Global Carrier Screening Market was valued at USD 1,758.79 million. The size of this market is expected to increase to USD 3,878.42 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 12.0%.

The global carrier screening market has witnessed remarkable growth in recent years, driven by advancements in genetic testing technologies and increasing awareness among individuals about the importance of carrier screening. Carrier screening plays a crucial role in identifying individuals carrying genetic mutations that could potentially be passed on to their offspring, thus aiding in informed family planning decisions and reducing the risk of hereditary diseases. Moreover, the rising prevalence of genetic disorders worldwide, coupled with the growing demand for early disease detection and prevention, has significantly fueled the expansion of the carrier screening market.

Technological innovations in molecular diagnostics and genetic testing have revolutionized the carrier screening landscape, enabling the development of more accurate, comprehensive, and cost-effective screening assays. These advancements have led to the availability of a wide range of carrier screening tests catering to various genetic conditions, thereby widening the scope of applications and enhancing market penetration. Additionally, the integration of next-generation sequencing (NGS) technologies and bioinformatics tools has further enhanced the efficiency and accuracy of carrier screening tests, driving market growth.

Government initiatives and supportive policies aimed at promoting genetic testing and counseling services have played a pivotal role in driving market growth. Initiatives such as newborn screening programs and public health campaigns advocating the importance of genetic screening have contributed to increased adoption rates and market expansion. Moreover, collaborations between healthcare providers, genetic testing laboratories, and regulatory bodies have facilitated the development of standardized protocols and guidelines, ensuring the quality and reliability of carrier screening tests.

The global carrier screening market is poised for continued expansion, fueled by ongoing research and development activities aimed at introducing novel screening assays, expanding the test menu, and improving testing accuracy and efficiency. Moreover, increasing investments in precision medicine initiatives and the growing emphasis on personalized healthcare are expected to further propel market growth. However, challenges such as ethical considerations, regulatory complexities, and the need for adequate genetic counseling services remain significant factors influencing market dynamics. Overall, with the evolving landscape of genetic testing and healthcare, the carrier screening market is anticipated to witness sustained growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Test Type
    2. Market Snapshot, By Disease Type
    3. Market Snapshot, By Region
  4. Global Carrier Screening Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Awareness and Adoption
        2. Advancements in Genetic Testing Technologies
        3. Rising Incidence of Genetic Disorders
        4. Government Initiatives and Support
        5. Expanding Applications in Personalized Medicine
      2. Restraints
        1. Ethical and Social Concerns
        2. Limited Accessibility in Developing Regions
        3. Complexity of Genetic Data Interpretation
        4. Cultural and Religious Beliefs
        5. Regulatory Challenges
      3. Opportunities
        1. Expansion of Direct-to-Consumer (DTC) Testing
        2. Integration of Artificial Intelligence (AI) in Genetic Analysis
        3. Collaborations and Partnerships
        4. Focus on Precision Medicine Initiatives
        5. Emerging Markets and Untapped Segments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Carrier Screening Market, By Test Type, 2020 - 2030 (USD Million)
      1. Molecular Screening Test
      2. Biochemical Screening Test
    2. Global Carrier Screening Market, By Disease Type, 2020 - 2030 (USD Million)
      1. Cystic Fibrosis
      2. Tay-Sachs
      3. Gaucher Disease
      4. Sickle Cell Disease
      5. Spinal Muscular Atrophy
      6. Other Autosomal Recessive Genetic Disorders
    3. Global Carrier Screening Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. 23Andme Inc
      2. Abbott Laboratories
      3. Roche Holding Ag
      4. Cepheid (Danaher Corporation)
      5. Illumina Inc
      6. Luminex Corporation
      7. Sequenom Inc. (Laboratory Corporation of AmericaHoldings [Labcorp])
      8. Myriad Genetics
      9. Autogenomics Inc
      10. Thermo Fisher Scientific Inc
  7. Analyst Views
  8. Future Outlook of the Market

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