Genetic Testing Market Analysis: Key Insights on Growth Rates, Trends, and Major Opportunities
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What CAGR Will the Genetic Testing Market Achieve During 2025–2034, and What Does It Indicate?
The genetic testing market has seen steady growth in recent years. It is projected to increase from $19.1 billion in 2025 to $20.92 billion in 2025, at a CAGR of 9.5%. Key drivers include higher healthcare spending, increased cancer prevalence, a rise in personalized medicine demand, and emerging novel infectious diseases.
The genetic testing market is projected to grow to $30.45 billion by 2029 at a CAGR of 9.8%. Growth drivers include increased government support, rising genetic disorder prevalence, the aging population, and the growing incidence of chronic diseases. Trends include the introduction of genetic counseling and informatics programs, technological advancements, and direct-to-consumer genetic tests.
What Are the Primary Drivers Supporting the Growth of the genetic testing Market?
The rising frequency of genetic disorders is set to drive the genetic testing market. These disorders can manifest at birth or develop over time. Genetic testing plays a crucial role in diagnosing these conditions and assessing the risk of diseases such as cancer. In 2025, the World Health Organization reported that genetic disorders affect 2%-5% of live births and account for a significant proportion of pediatric hospital admissions and childhood deaths in industrialized countries. This increasing prevalence of genetic disorders is expected to accelerate the growth of the genetic testing market.
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Who Are the Key Firms Paving the Way for Growth in the Genetic Testing Market?
Major companies operating in the genetic testing market include:
• Myriad Genetics Inc_x000D_
• Illumina Inc_x000D_
• Abbott Laboratories_x000D_
• Eurofins Scientific_x000D_
• Danaher Corporation_x000D_
What Are the Most Influential Trends Currently Shaping the Genetic Testing Market?
Direct-to-consumer genetic tests are gaining popularity in the genetic testing market. These DNA tests, also known as at-home tests, enable consumers to take samples at home and send them for analysis to determine genetic risks for specific diseases. For example, in 2022, DNALabs, an Indian company offering genetic testing solutions, launched At-Home Genetic Testing Solutions. With a simple cheek swab, DNALabs provides individuals and healthcare professionals the ability to make informed decisions about personalized medicine.
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Which Key Segments of the Genetic Testing Market Are Poised for Growth and Innovation?
The genetic testing market covered in this report is segmented –
1) By Type: Predictive Testing, Carrier Testing, Prenatal And Newborn Testing, Diagnostic Testing, Pharmacogenomics Testing, Nutrigenomic Testing, Other Types
2) By Technology: Cytogenetic Testing, Biochemical Testing, Molecular Testing
3) By Application: Cancer Diagnosis, Genetic Disease Diagnosis, Cardiovascular Disease Diagnosis, Other Applications
4) By End User: Hospitals And Clinics, Diagnostic Laboratories And Centres, Other End Users
Subsegments:
1) By Predictive Testing: Genetic Risk Assessment, Family History-Based Testing
2) By Carrier Testing: Single Gene Carrier Testing, Expanded Carrier Screening
3) By Prenatal And Newborn Testing: Non-Invasive Prenatal Testing (NIPT), Newborn Screening Tests
4) By Diagnostic Testing: Confirmatory Genetic Testing, Clinical Diagnostic Testing
5) By Pharmacogenomics Testing: Drug Response Testing, Adverse Drug Reaction Testing
6) By Nutrigenomic Testing: Dietary Response Testing, Metabolism Testing
7) By Other Types: Ancestry Testing, Whole Genome Sequencing
Which Regions Are Essential for the Growth of the Genetic Testing Market?
North America was the largest region in the genetic testing market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the genetic testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Is the Definition of the Genetic Testing Market Impacting Future Growth?
Genetic testing refers to a sort of medical examination that looks for alterations in genes, proteins, or chromosomes. A genetic test’s results can identify a genetic ailment, as well as determine a person’s risk of developing a genetic disorder. Genetic testing is used to confirm specific genetic disorders in children and their conditions based on physical signs and symptoms.
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