The Carrier Screening Market in 2023 is US$ 3.49 billion, and is expected to reach US$ 13.14 billion by 2031 at a CAGR of 18.00%.
FutureWise Research published a report that analyzes Carrier Screening Market trends to predict the market's growth. The report begins with a description of the business environment and explains the commercial summary of the chain structure. Based on the market trends and driving factors presented in the report, clients will be able to plan the roadmap for their products and services taking into account various socio-economic factors.
Carrier Screening Market Share, Overview, Competitive Analysis and Forecast 2031.
1. Carrier Screening Market Share, Overview, Competitive Analysis and Forecast 2031
The Carrier Screening Market in 2023 is US$ 3.49 billion, and is expected to reach US$ 13.14
billion by 2031 at a CAGR of 18.00%.
Carrier Screening Introduction
Carrier screening is a genetic test used to identify individuals who are carriers of recessive
genetic disorders but usually do not show symptoms. The test is typically offered to individuals
prior to or during pregnancy to determine the risk of passing a genetic disorder to their children.
Traditionally, the tests focused on common conditions like cystic fibrosis and sickle cell anemia.
However, the scope has expanded, encompassing an extraordinary number of conditions such as
spinal muscular atrophy, fragile X syndrome, and hundreds of others with emerging gene panels.
Market Dynamics Shaping the Carrier Screening Landscape
Several factors are contributing to the expansion of carrier screening market:
Technological Advancements: With the advent of next-generation sequencing (NGS), it is
now feasible to screen for multiple carrier genes across a wide range of conditions,
providing unprecedented accuracy and reliability.
Rising Awareness: A growing number of healthcare professionals are recognizing the
importance of carrier screening, leading to increased referrals and higher patient
demand.
Consumer-Driven Market: Patients are becoming more proactive about their genetic
health, often choosing to undergo carrier screening before conception.
Policy and Reimbursement Changes: Expansive reimbursement policies in various
countries are reducing the financial barriers to testing, enhancing accessibility.
Expanded Disease Panels: Genetic screening panels are no longer limited to a handful of
common conditions and now cover broader categories, including severe childhood-onset
conditions and adult-onset disorders.
The Mechanics of Growth in the Carrier Screening Market
The carrier screening market is characterized by a number of growth factors:
Technological Innovations
The market is consistently seeing the development of more advanced technologies:
NGS Platforms: NGS is the gold standard due to its ability to process large quantities of genetic
data quickly and accurately.
2. Microarray Analysis: This technology has its own niche, particularly for screening large cohorts
efficiently.
Partnerships and Collaborations
Many companies are forming strategic alliances to leverage each other's strengths and
accelerate product development and distribution.
Diverse Service Models
The carrier screening market is brimming with service models to cater to various healthcare
settings and patient needs:
Direct-to-Consumer Tests: Some companies are offering tests directly to individuals,
bypassing the traditional healthcare provider route.
Clinic-Based Testing: For patients who prefer a more guided approach, testing in clinical
settings is available.
FutureWise Research published a report that analyzes Carrier Screening Market trends to predict
the market's growth. The report begins with a description of the business environment and
explains the commercial summary of the chain structure. Based on the market trends and driving
factors presented in the report, clients will be able to plan the roadmap for their products and
services taking into account various socio-economic factors.
Additionally, it illustrates the corporate profiles and situation of competitive landscape amongst
numerous associated corporations including the analysis of market evaluation and options
associated with the worth chain. This Carrier Screening research report provides insights on
market overview, market segmentation, current and future pricing, growth analysis, competitive
landscape and other such premium insights within the forecast period.
Request a Sample Report @ Request for Carrier Screening Market Sample
Carrier Screening Market Segmentation:
By Product and Service
Service
Product
By Type
3. Expanded Carrier Screening
Customized Panel Testing
Predesigned Panel Testing
Targeted Disease Carrier Screening
By Medical Condition
Pulmonary Conditions
Hematological Conditions
Neurological Conditions
Others
By End User
Hospitals
Reference Laboratories
Physician Offices and Clinics
Others
By Technology
DNA Sequencing
Polymerase Chain Reaction
Microarrays
By Region
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Major players included in the Carrier Screening Market:
MedGenome Inc.
Luminex Corporation
Illumina Inc
Otogenetics Corporation
Myriad Genetics Inc
Thermo Fisher Scientific Inc.
Natera Inc
Gene By Gene Ltd
Corporation of America Holdings
Mount Sinai Genomics Inc,
4. Eurofins Scientific
Invitae Corporation
Opko Health
Fulgent Genetics Inc
Quest Diagnostics Incorporated
Please visit full report of the Carrier Screening market @ Visit Carrier Screening Market
Competitive Landscape:
Tier one players - market players with a significant share of the market
Tier two players
Players with rapid growth
New Entries
FutureWise Key Takeaways:
• Prospects for growth
• Analysis of SWOT
• Key trends
• Key Data-points affecting market growth
Objectives of the Study:
• To provide report with an in-depth analysis of the Carrier Screening Market By Type, By
Application and By Region
• To offer data-points and comprehensive data on factors affecting the market (Opportunities,
drivers, and industry-specific restraints)
• Analysis and forecasting of micro-markets, as well as the scope of the market.
• To predict the size and share, market forecast, in key regions — North America, Europe, Asia
Pacific, and rest of the world
• To record and evaluate competition -mergers and expansions, product launches, and
technological advancements within the market
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• With our flexible delivery model, you will be able to suggest changes within the scope/table
of content based on your requirement.
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• Customization requests can be sent directly to: sales@futurewiseresearch.com
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