Markntel Advisors’ report, Carrier Screening Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Carrier Screening presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Carrier Screening Market Research Report & Market Summary:
The Global Carrier Screening Market size was valued at around USD 2.09 billion in 2023 & is estimated to grow at a CAGR of around 20.7% during the forecast period, i.e., 2024–30. The growth of this market primarily stems from the advancement and accessibility of expanded carrier screening panels, which encompass a broad spectrum of genetic conditions, driving market expansion. Comprehensive panels deliver more comprehensive evaluations, prompting healthcare providers to embrace them for furnishing patients with extensive genetic insights.
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Carrier Screening Market Dynamics:
Key Driver-
Rising Prevalence of Genetic Disorders – The increasing occurrence and understanding of genetic disorders are major factors driving the growth & expansion of carrier screening services. Carrier screening is a crucial methodology for pinpointing individuals who possess one copy of a gene mutation linked to a particular genetic ailment. Approximately 10,000 distinct types of single-gene diseases, also known as monogenic diseases, exist, wherein mutations in a single gene cause the ailment. According to the World Health Organization Report, it has been estimated that 9 out of every 999 individuals are adversely impacted by these conditions. This suggests that about 85 million people are grappling with one of these diseases worldwide.
Furthermore, the escalating incidence of hereditary cancer stands as a significant catalyst for market growth. Carrier screening, especially concerning genes linked to cancer susceptibility, holds vital importance in identifying individuals carrying genetic mutations associated with heightened risks of specific cancer types. For example, according to the NIH, as much as 10% of all cancers might stem from inherited genetic alterations. Thus, the increasing prevalence of genetic disorders emphasizes the critical role of carrier screening as both a preventive measure and a means for informed decision-making in family planning. As awareness expands, the market is poised to assume an increasingly pivotal role in the management and prevention of genetic diseases.
Carrier Screening Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Type
- Expanded Carrier Screening- Market Size & Forecast 2019-2030, (USD Million)
- Predesigned Panel Testing- Market Size & Forecast 2019-2030, (USD Million)
- Customized Panel Testing- Market Size & Forecast 2019-2030, (USD Million)
- Targeted Disease Carrier Screening- Market Size & Forecast 2019-2030, (USD Million)
The targeted disease carrier screening segment is set to hold a major share of the market throughout the forecast period in the carrier screening industry.
By Medical Condition
- Pulmonary Conditions- Market Size & Forecast 2019-2030, (USD Million)
- Hematological Conditions- Market Size & Forecast 2019-2030, (USD Million)
- Neurological Conditions- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
Among all, the hematologic conditions segment holds a major share of the market and is projected to experience substantial market expansion during the forecast period as well.
By Technology
- DNA Sequencing- Market Size & Forecast 2019-2030, (USD Million)
- PCR- Market Size & Forecast 2019-2030, (USD Million)
- DNA Microarrays- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
By End-User
- Hospitals & Medical Centers- Market Size & Forecast 2019-2030, (USD Million)
- Clinical Laboratories- Market Size & Forecast 2019-2030, (USD Million)
- Fertility Clinics- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
During the forecast period, North America is expected to dominate the Global Carrier Screening Market in terms of market size & volume.
As indicated in the latest market research report published by Markntel Advisors, “Carrier Screening Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Carrier Screening industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/carrier-screening-market.html
Top Companies Operating in the Carrier Screening Market:
- NATERA, INC.
- QUEST DIAGNOSTICS INCORPORATED
- FULGENT GENETICS
- INVITAE CORPORATION
- EUROFINS SCIENTIFIC
- OPKO HEALTH, INC.
- THERMO FISHER SCIENTIFIC INC.
- MYRIAD GENETICS, INC.
- ILLUMINA, INC.
- CENTOGENE N.V.
- DIASORIN S.P.A.
- OTOGENETICS
- GENETECH
- LABORATORY CORPORATION OF AMERICA HOLDINGS
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Frequently Asked Questions (FAQs)-
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