Carrier Screening Market Growth Forecast: Exploring Trends and Opportunities for the Next Decade
What Growth Opportunities are Expected to Drive the Carrier Screening Market’s CAGR Through 2034?
The carrier screening market size has grown rapidly in recent years. It will grow from $2.72 billion in 2024 to $3.17 billion in 2025 at a compound annual growth rate (CAGR) of 16.4%. The growth in the historic period can be attributed to increasing genetic disorders awareness, rising maternal age, family planning and pregnancy awareness, prevention of genetic diseases, public health initiatives, increased focus on inherited conditions.
The carrier screening market size is expected to see rapid growth in the next few years. It will grow to $5.76 billion in 2029 at a compound annual growth rate (CAGR) of 16.2%. The growth in the forecast period can be attributed to precision medicine advancements, expanded panel offerings, consumer genomics and direct-to-consumer testing, focus on rare and ultra-rare diseases, government and insurance support, pharmacogenomics integration. Major trends in the forecast period include advancements in genetic technologies, integration with prenatal testing, rise in personalized medicine, counseling and education services, ethical and legal considerations.
What Strategic Factors Are Influencing the Accelerated Growth of the carrier screening Market?
An increase in fetal chromosomal abnormalities and genetic disorders is expected to propel the growth of the carrier screening market going forward. Fetal chromosomal abnormalities refer to a fetus with an abnormal number of chromosomes, an abnormal quantity of DNA inside a chromosome. Prenatal testing for chromosomal abnormalities is intended to provide an accurate assessment of a patient’s risk of carrying a fetus with a chromosomal disorder. For instance, in February 2022, according to estimates by the World Health Organization, a Switzerland-based global health agency, birth defects cause 240 000 newborns to pass away in the first 28 days of life each year. An additional 170,000 children between the ages of 1 month and 5 years die as a result of birth defects. Moreover, in March 2022, according to an article published by the Government of United Nations, Down syndrome is estimated to affect 1 in 1,000 to 1 in 1,100 live births worldwide. Every year, between 3,000 and 5,000 children are born with this chromosome disorder. Therefore, an increase in fetal chromosomal abnormalities and genetic disorders is driving the growth of the carrier screening market.
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What Are the Leading Industry Players Dominating the Carrier Screening Market?
Major companies operating in the carrier screening market are:
• Invitae Corporation
• BGI Genomics Co. Ltd.
• Centogene NV
• Eurofins Scientific SE
• Fulgent Genetics Inc.
What Are the Latest Trends Leading to Disruption in the Carrier Screening Market?
Major companies operating in the carrier screening market are focusing on product developments, such as screening tests family, to sustain their position in the market. Screening tests are medical procedures or tests performed on individuals who do not exhibit any symptoms of a particular disease or condition. For instance, in June 2023, Blueprint Genetics, a Finland-based company specializing in genetic testing and diagnostics, introduced a new offering called the Screening Tests family. This product is designed for specific purposes such as pregnancy, family planning, and comprehensive health checks for asymptomatic individuals. The objective is to identify any heightened risks, empowering individuals to make informed decisions regarding family planning and health. Blueprint Genetics aims to offer actionable information that enables proactive choices based on the available options, emphasizing a commitment to supporting individuals in making informed decisions about their future well-being.
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What Are the Core Segments of the Carrier Screening Market, and How Do They Contribute to Growth?
The carrier screening market covered in this report is segmented –
1) By Type: Expanded Carrier Screening, Targeted Disease Carrier Screening
2) By Medical Condition: Pulmonary Conditions, Hematological Conditions, Neurological Conditions, Other Medical Conditions
3) By Technology: DNA Sequencing, Polymerase Chain Reaction, Microarrays, Other Technologies
4) By End User: Hospitals, Reference Laboratories, Physician Offices And Clinics, Other End Users
Subsegments:
1) By Expanded Carrier Screening: Whole Exome Sequencing (WES), Next-Generation Sequencing (NGS) Panels, Comprehensive Carrier Screening Tests
2) By Targeted Disease Carrier Screening: Single Gene Tests, Disease-Specific Panels, Ethnic Or Population-Specific Screening Tests
Which Regions Are Significant to the Growth of the Carrier Screening Market?
North America was the largest region in the carrier screening market in 2024. Asia-Pacific is expected to be the fastest-growing region in the carrier screening market report during the forecast period. The regions covered in the carrier screening market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Are the Core Features That Define the Carrier Screening Market?
Carrier screening refers to a type of genetic test that can determine if there is a gene that causes certain genetic illnesses. The carrier screening is used to identify people who have one copy of a gene mutation that produces a hereditary illness when two copies are present.
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