Carrier Screening Market Size is Projected to grow at 13.8% CAGR between the Forecast period.
The Global carrier screening market size was valued at $1.9 billion in 2022 and is projected to reach $6.5 billion by 2030, growing at a CAGR of 13.8% over the forecast period. The global carrier screening market is a segment of the broader genetic testing market and involves the identification of individuals who are carriers of genetic mutations that can cause inherited diseases. Carrier screening tests are designed to identify whether an individual carries a genetic mutation that can be passed on to their offspring and can help individuals make informed decisions about family planning.
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The carrier screening market is driven by factors such as increasing awareness and acceptance of genetic testing, the growing incidence of genetic diseases, and advancements in technology that have made carrier screening tests more accessible and affordable.
Market Dynamics
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Ethical and legal concerns: There are ethical and legal concerns related to genetic testing, including privacy concerns and the potential for discrimination based on genetic information. These concerns may limit the demand for carrier screening tests and slow the growth of the market.
Limited awareness in developing countries: While carrier screening is becoming more popular in developed countries, awareness and access to carrier screening tests may be limited in developing countries due to factors such as lack of resources, infrastructure, and education.
Ethical and legal concerns: As genetic testing becomes more widespread, there are concerns about the ethical and legal implications of genetic information, including privacy concerns and the potential for discrimination based on genetic information.
Complexity of test results: Carrier screening tests can produce complex and difficult-to-interpret results, which can be a challenge for healthcare providers and patients.
Increasing demand for genetic testing: As awareness of genetic testing continues to grow, demand for carrier screening tests is likely to increase, particularly in developed countries where genetic testing is becoming more mainstream.
Technological advancements: Advancements in technology, such as next-generation sequencing and CRISPR-Cas9, are driving innovation in carrier screening tests and expanding the range of genetic conditions that can be screened.
The market is segmented by technology, product and services, and geography. By technology, the market is segmented into DNA sequencing, polymerase chain reaction (PCR), microarrays, and others. By product and services, the market is segmented into kits and reagents, software and services, and others. By geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Biochemical assays are used to measure the activity of enzymes or proteins associated with genetic disorders, such as lysosomal storage disorders. These assays are highly specific and can be used to confirm carrier status in individuals with ambiguous genetic test results.
Regional Analysis
Other technologies used in carrier screening include fluorescence in situ hybridization (FISH), which can detect chromosomal abnormalities associated with genetic disorders, and gene editing technologies such as CRISPR-Cas9, which may have potential applications in correcting genetic mutations.
Latin America is an emerging market for carrier screening, with increasing awareness of genetic testing and improving healthcare infrastructure driving growth. Brazil and Mexico are among the largest markets in the region.
The Middle East and Africa are expected to experience moderate growth in the carrier screening market, driven by factors such as increasing healthcare spending, improving healthcare infrastructure, and growing awareness of genetic testing. South Africa and the United Arab Emirates are among the largest markets in the region.
Competitive Analysis
Some of the key players operating in the global carrier screening market include Illumina Inc., Agilent Technologies Inc., BGI Genomics Co. Ltd., F. Hoffmann-La Roche AG, Quest Diagnostics, LabCorp, Natera Inc., Invitae Corporation, Myriad Genetics, and Centogene AG.
The carrier screening market is expected to continue to grow in the coming years, driven by increasing demand for genetic testing and advancements in technology that are making carrier screening tests more accurate and affordable. However, the market is also likely to face challenges related to regulatory issues and ethical concerns related to genetic testing.
In January 2021, Thermo Fisher Scientific completed its acquisition of Mesa Biotech, a company focused on developing rapid molecular diagnostic tests for infectious diseases, including COVID-19.
In September 2020, Illumina acquired Grail, a company focused on developing blood tests for early cancer detection, in a deal worth $8 billion.
In February 2020, Qiagen announced that it had agreed to be acquired by Thermo Fisher Scientific for $11.5 billion.
In November 2019, Invitae acquired YouScript, a clinical decision support company focused on personalized medication management.
In September 2019, Natera announced that it had entered into a partnership with QIAGEN to develop cell-free DNA-based diagnostic tests for cancer.
In June 2019, Fulgent Genetics acquired GeneDx, a leading provider of genetic testing services, for $75 million.
In March 2019, Centogene raised $43.5 million in an initial public offering (IPO) on the Nasdaq stock exchange.
In February 2019, Agilent Technologies acquired Genohm, a software company focused on laboratory management solutions.
In January 2019, PerkinElmer acquired Tulip Diagnostics Private Limited, a leading provider of in-vitro diagnostic reagents and kits, to expand its diagnostics portfolio.
In December 2018, Natera announced that it had secured $200 million in funding from a consortium of investors to support the development of its genetic testing business.
Segmentation Analysis of The Global Carrier Screening Market 2022-2030
The report forecasts revenue growth at global, regional, and country matrics and analyzes the latest industry trends in each of the sub-segments ranging from 2016-2030. For this, CDI has segmented the global Carrier Screening market report based on capacity, vehicle, application, and propulsion type along with regional analysis.
Type Scope Outlook (Revenue, USD Million, 2018 - 2030)
- Expanded Carrier Screening
- Targeted Disease Carrier Screening
Medical Condition Scope Outlook (Revenue, USD Million, 2018 - 2030)
- Cystic Fibrosis
- Tay-Sachs
- Gaucher Disease
- Sickle Cell Disease
- Spinal Muscular Atrophy
- Other
Technology Scope Outlook (Revenue, USD Million, 2018 - 2030)
- DNA Sequencing
- Polymerase Chain Reaction
- Microarrays
- Other
End-user Scope Outlook (Revenue, USD Million, 2018 - 2030)
- Hospitals
- Laboratories
- Physician Offices & Clinics
- Other
Regional Outlook (Revenue, USD Million, 2017 - 2030)
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America