Global Genetic Material Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

DNA, RNA, Genes, and Chromosomes

By Application;

Genomics, Proteomics, Bioinformatics, Synthetic Biology, Drug Discovery, and Others

By End User;

Pharmaceuticals & Medicines, Agriculture, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn141308129 Published Date: May, 2025 Updated Date: June, 2025

Genetic Material Market

Genetic Material Market (USD Million)

Genetic Material Market was valued at USD 56090.42 million in the year 2024. The size of this market is expected to increase to USD 109304.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.0%.


Global Genetic Material Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 10.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.0 %
Market Size (2024)USD 56090.42 Million
Market Size (2031)USD 109304.36 Million
Market ConcentrationMedium
Report Pages311
56090.42
2024
109304.36
2031

Major Players

  • Abbott Laboratories
  • Bio-Rad Laboratories
  • Myriad Genetics, Inc
  • F. Hoffmann-La Roche Ltd
  • Eurofins Scientific
  • Illumina, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Genetic Material Market

Fragmented - Highly competitive market without dominant players


The Genetic Material Market is witnessing strong momentum, driven by the expanding applications of DNA and RNA in life sciences and molecular biology. Research institutions are increasingly dependent on genetic components for a range of procedures including sequencing and gene editing. Over 65% of molecular biology experiments now rely on purified genetic material, underscoring its essential role in advancing scientific discovery.

Technological Progress in Extraction and Storage
Innovations in genetic material extraction and stabilization technologies are reshaping laboratory workflows. Modern automated systems and improved preservation methods have enhanced reliability and convenience. These solutions are currently integrated into more than 50% of laboratory handling procedures, contributing to faster turnaround times and better sample quality.

Expanding Role in Precision Medicine
The use of genetic material in clinical practice is expanding rapidly, especially in areas like precision medicine, oncology diagnostics, and infectious disease testing. Nearly 60% of diagnostic frameworks today involve genetic-based testing methods, supporting the shift toward more personalized and accurate treatment strategies that rely on molecular data.

Institutional and Policy-Level Encouragement
The market is also benefiting from increased support by regulatory agencies and educational institutions. National and institutional-level genomic initiatives are driving uptake, with over 40% of global usage attributed to academic and research programs. These initiatives are enhancing access to high-quality genetic resources and supporting the advancement of personalized healthcare models.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Genetic Material Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Advancements in Genomic Technologies
        2. Growing Applications in Biomedical Research
        3. Rising Demand for Personalized Medicine
      2. Restraints:
        1. Ethical and Regulatory Challenges
        2. Data Security and Privacy Concerns
        3. Complexity of Genetic Data Interpretation
      3. Opportunities:
        1. Expansion of Genomic Testing and Precision Medicine
        2. Emerging Applications in Agriculture and Biotechnology
        3. Technological Innovations and Research Collaborations
    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. Genetic Material Market, By Type, 2021 - 2031 (USD Million)
      1. DNA
      2. RNA
      3. Genes
      4. Chromosomes
    2. Genetic Material Market, By Application, 2021 - 2031 (USD Million)
      1. Genomics
      2. Proteomics
      3. Bioinformatics
      4. Synthetic Biology
      5. Drug Discovery
      6. Others
    3. Genetic Material Market, By End User, 2021 - 2031 (USD Million)
      1. Pharmaceuticals & Medicines
      2. Agriculture
      3. Others
    4. Genetic Material Market, By Geography, 2021 - 2031 (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. Thermo Fisher Scientific
      2. Illumina
      3. Agilent Technologies
      4. BGI Genomics
      5. 23andMe
      6. Ginkgo Bioworks
      7. MGI Tech
      8. REGENXBIO
      9. Sarepta Therapeutics
      10. Spark Therapeutics
  7. Analyst Views
  8. Future Outlook of the Market