The genetic testing services market size is projected to reach US$ 12,480.80 million by 2031 from US$3,860.14 million in 2023. The market is expected to register a CAGR of 15.8% during 2023–2031. Artificial intelligence-powered genetic testing is likely to bring new trends in the genetic testing services market in the coming years.
The factors driving the genetic testing services market include the introduction of reimbursement programs, growing demand for efficient treatment choices, and implementation of innovative technologies in research centers. Growing awareness of the advantages of genetic testing and the increase in consumer spending on healthcare are boosting the growth of the genetic testing services market. Increasing demand for genetic testing to diagnose chronic conditions has supported players in investing in the development of new services and expansion strategies. Moreover, the increase in the incidence of genetic disorders and cancer plays a vital role in the development of the genetic testing industry.
Genetic testing is a medical and scientific procedure that involves the examination and analysis of a person's DNA to understand their genetic makeup and genetic information. The genetic testing services market in the UK is anticipated to grow substantially due to a rise in the prevalence of genetic disorders and cancer. For instance, as per Genetic Alliance UK 2021, rare diseases affect 3.5 million people in the country; that is 1 in 17 people. As per Gene People UK 2023, it is estimated that 1 in 25 children suffer from a genetic disorder, meaning that 30,000 babies and children are newly diagnosed yearly in the UK, and over 2.4 million children and adults are suffering from a genetic disorder.
In Germany, noninvasive prenatal testing became available as a publicly reimbursed test in 2022. In addition, significant advances are being made in genomics, paving the way for enhanced access to personalized medicine. The UK established the infrastructure to support greater access to genomic testing, including a national network of genomic laboratories and Genomic Medicine Centers that provide clinical services. In 2019, the government announced Early Disease Detection Research Project UK, which is a significant new initiative that focuses on the major chronic diseases of adult life, including all cancers, cardiovascular disease, and other such diseases.
The prevalence of genetic diseases is rising across the world and impacting the health of people at a severe level. Genetic diseases show many symptoms that are uncommon and are mostly non-curable. According to The World Health Organization (WHO) 2021, 10 out of every 1,000 people are affected by single-gene diseases, signifying that 70 million and 80 million people worldwide are living with any one service type of single-gene disease. As per the Global Genes, ~7,000 known rare diseases and disorders have been identified worldwide, and more are being discovered every year. In 2022, a report by MJH Life Sciences (US) estimated that 300,000 newborns worldwide are born with sickle cell disease every year, accounting for ∼5% of the global population. In June 2020, as per Novartis AG (Switzerland) report, ∼15,000 individuals were suffering from sickle cell disease in the UK, and 270 newborns are diagnosed with the condition every year. Thus, the rising prevalence of genetic diseases fuels the demand for genetic testing, which in turn drives genetic testing services market growth.
Emerging countries such as China, India, Brazil, and Mexico offer significant growth opportunities to market players. The quality and availability of genetic services may differ between high-income countries and low- to middle-income countries. For instance, in the US, Australia, Canada, the UK, and other European countries, genetic services are well-advanced, established, and extensive. These services include newborn screening, carrier identification screening, and prenatal diagnosis. Yet, in many high-income countries, genetic services that are offered in multiple settings still need improved systems of assessment. Major market players are focusing on strategies and initiatives, such as agreements, collaborations, partnerships, and expansions, to improve their product availability, accessibility, and distribution networks in these countries, as it will help them address the growing need for early diagnosis and treatment.
The Chinese government identifies genomics as an important strategic field in its 14th Five-Year Plan (2016–2020) for the country's economic and social development. In 2016, the Chinese Academy of Sciences launched the Precision Medicine Initiative, a 14-year project worth US$ 9.2 billion to sequence more than 100 million human genomes by 2030. In December 2017, China's Ministry of Science and Technology collaborated with a human genome research project to document the genetic makeup of 100,000 people. Employing the genetic data of nine different minority groups, researchers desire to decode hereditary information within genes. Therefore, emerging markets in developing countries are expected to offer lucrative opportunities for the growth of the genetic testing services market during the forecast period.
Key segments that contributed to the derivation of the genetic testing services market analysis are service type, disease, and service provider.
The geographic scope of the genetic testing services market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. North America held a significant share of the market in 2023. The growth of the market is driven by rising number of cancer patients, increasing government funding, and rising incidence of genetic diseases among the population in the US and Canada during recent years. As per the estimates of the US Government Accountability Office published in October 2021, ~25 to 30 million people suffer from rare diseases in the country; nearly 50% of patients with rare diseases are children. Rare diseases are often the result of a genetic mutation; it is estimated that 80% of rare diseases are genetic.
In addition, increasing focus on advanced method incorporation in healthcare, government, and private initiatives for the promotion of precision medicine, and massive funds from government and private bodies for genetic research are projected to accelerate the growth of the genetic testing services market in the region.
The genetic testing services market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the genetic testing services market are listed below:
The “Genetic Testing Services Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2.1 Key Insights
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Data Triangulation:
3.2.4 Country level data:
4.1 Overview
4.2 PEST Analysis
5.1 Key Market Drivers
5.1.1 Rising Prevalence of Genetic Diseases
5.1.2 Increasing Awareness and Acceptance of Personalized Medicines
5.1.3 Growing Preference for Direct-To-Consumer (DTC) Genetic Testing
5.2 Market Restraints
5.2.1 Social and Ethical Implications of Genetic Testing
5.2.2 Affordability of Genetic Services
5.3 Market Opportunities
5.3.1 Untapped Emerging Markets in Developing Countries
5.4 Future Trends
5.4.1 Artificial Intelligence-Powered Genetic Testing
5.5 Impact Analysis:
6.1 Genetic Testing Services Market Revenue (US$ Million), 2021–2031
6.2 Genetic Testing Services Market Forecast Analysis
7.1 Predictive Testing
7.1.1 Overview
7.1.2 Predictive Testing: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Carrier Testing
7.2.1 Overview
7.2.2 Carrier Testing: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Prenatal Testing
7.3.1 Overview
7.3.2 Prenatal Testing: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
7.4 Newborn Screening
7.4.1 Overview
7.4.2 Newborn Screening: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
7.5 Diagnostic Genetic Testing
7.5.1 Overview
7.5.2 Diagnostic Genetic Testing: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
8.1 Cancer
8.1.1 Overview
8.1.2 Cancer: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Cardiovascular Diseases
8.2.1 Overview
8.2.2 Cardiovascular Diseases: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Metabolic Diseases
8.3.1 Overview
8.3.2 Metabolic Diseases: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Other Diseases
8.4.1 Overview
8.4.2 Other Diseases: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
9.1 Hospital-Based Laboratories
9.1.1 Overview
9.1.2 Hospital-Based Laboratories: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Diagnostic Laboratories
9.2.1 Overview
9.2.2 Diagnostic Laboratories: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Others
9.3.1 Overview
9.3.2 Others: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.1 Overview
10.2 North America
10.2.1 North America Genetic Testing Services Market Overview
10.2.2 North America: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.2.2.1 North America: Genetic Testing Services Market – Revenue and Forecast Analysis – by Service Type
10.2.2.2 North America: Genetic Testing Services Market – Revenue and Forecast Analysis – by Disease
10.2.2.3 North America: Genetic Testing Services Market – Revenue and Forecast Analysis – by Service Provider
10.2.3 North America: Genetic Testing Services Market – Revenue and Forecast Analysis – by Country
10.2.3.1 US
10.2.3.1.1 Overview
10.2.3.2 United States: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.2.3.2.1 United States: Genetic Testing Services Market Breakdown, by Service Type
10.2.3.2.2 United States: Genetic Testing Services Market Breakdown, by Disease
10.2.3.2.3 United States: Genetic Testing Services Market Breakdown, by Service Provider
10.2.3.3 Canada
10.2.3.3.1 Overview
10.2.3.4 Canada: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.2.3.4.1 Canada: Genetic Testing Services Market Breakdown, by Service Type
10.2.3.4.2 Canada: Genetic Testing Services Market Breakdown, by Disease
10.2.3.4.3 Canada: Genetic Testing Services Market Breakdown, by Service Provider
10.2.3.5 Mexico
10.2.3.5.1 Overview
10.2.3.6 Mexico: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.2.3.6.1 Mexico: Genetic Testing Services Market Breakdown, by Service Type
10.2.3.6.2 Mexico: Genetic Testing Services Market Breakdown, by Disease
10.2.3.6.3 Mexico: Genetic Testing Services Market Breakdown, by Service Provider
10.3 Europe
10.3.1 Europe Genetic Testing Services Market Overview
10.3.2 Europe: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.3.2.1 Europe: Genetic Testing Services Market – Revenue and Forecast Analysis – by Service Type
10.3.2.2 Europe: Genetic Testing Services Market – Revenue and Forecast Analysis – by Disease
10.3.2.3 Europe: Genetic Testing Services Market – Revenue and Forecast Analysis – by Service Provider
10.3.3 Europe: Genetic Testing Services Market – Revenue and Forecast Analysis – by Country
10.3.3.1 UK
10.3.3.1.1 Overview
10.3.3.2 United Kingdom: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.3.3.2.1 United Kingdom: Genetic Testing Services Market Breakdown, by Service Type
10.3.3.2.2 United Kingdom: Genetic Testing Services Market Breakdown, by Disease
10.3.3.2.3 United Kingdom: Genetic Testing Services Market Breakdown, by Service Provider
10.3.3.3 Germany
10.3.3.3.1 Overview
10.3.3.4 Germany: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.3.3.4.1 Germany: Genetic Testing Services Market Breakdown, by Service Type
10.3.3.4.2 Germany: Genetic Testing Services Market Breakdown, by Disease
10.3.3.4.3 Germany: Genetic Testing Services Market Breakdown, by Service Provider
10.3.3.5 France
10.3.3.5.1 Overview
10.3.3.6 France: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.3.3.6.1 France: Genetic Testing Services Market Breakdown, by Service Type
10.3.3.6.2 France: Genetic Testing Services Market Breakdown, by Disease
10.3.3.6.3 France: Genetic Testing Services Market Breakdown, by Service Provider
10.3.3.7 Spain
10.3.3.7.1 Overview
10.3.3.8 Spain: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.3.3.8.1 Spain: Genetic Testing Services Market Breakdown, by Service Type
10.3.3.8.2 Spain: Genetic Testing Services Market Breakdown, by Disease
10.3.3.8.3 Spain: Genetic Testing Services Market Breakdown, by Service Provider
10.3.3.9 Italy
10.3.3.9.1 Overview
10.3.3.10 Italy: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.3.3.10.1 Italy: Genetic Testing Services Market Breakdown, by Service Type
10.3.3.10.2 Italy: Genetic Testing Services Market Breakdown, by Disease
10.3.3.10.3 Italy: Genetic Testing Services Market Breakdown, by Service Provider
10.3.3.11 Rest of Europe
10.3.3.11.1 Overview
10.3.3.12 Rest of Europe: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.3.3.12.1 Rest of Europe: Genetic Testing Services Market Breakdown, by Service Type
10.3.3.12.2 Rest of Europe: Genetic Testing Services Market Breakdown, by Disease
10.3.3.12.3 Rest of Europe: Genetic Testing Services Market Breakdown, by Service Provider
10.4 Asia Pacific
10.4.1 Asia Pacific: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.4.1.1 Asia Pacific: Genetic Testing Services Market – Revenue and Forecast Analysis – by Service Type
10.4.1.2 Asia Pacific: Genetic Testing Services Market – Revenue and Forecast Analysis – by Disease
10.4.1.3 Asia Pacific: Genetic Testing Services Market – Revenue and Forecast Analysis – by Service Provider
10.4.2 Asia Pacific: Genetic Testing Services Market – Revenue and Forecast Analysis – by Country
10.4.2.1 China
10.4.2.1.1 Overview
10.4.2.2 China: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.4.2.2.1 China: Genetic Testing Services Market Breakdown, by Service Type
10.4.2.2.2 China: Genetic Testing Services Market Breakdown, by Disease
10.4.2.2.3 China: Genetic Testing Services Market Breakdown, by Service Provider
10.4.2.3 Japan
10.4.2.3.1 Overview
10.4.2.4 Japan: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.4.2.4.1 Japan: Genetic Testing Services Market Breakdown, by Service Type
10.4.2.4.2 Japan: Genetic Testing Services Market Breakdown, by Disease
10.4.2.4.3 Japan: Genetic Testing Services Market Breakdown, by Service Provider
10.4.2.5 India
10.4.2.5.1 Overview
10.4.2.6 India: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.4.2.6.1 India: Genetic Testing Services Market Breakdown, by Service Type
10.4.2.6.2 India: Genetic Testing Services Market Breakdown, by Disease
10.4.2.6.3 India: Genetic Testing Services Market Breakdown, by Service Provider
10.4.2.7 Australia
10.4.2.7.1 Overview
10.4.2.8 Australia: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.4.2.8.1 Australia: Genetic Testing Services Market Breakdown, by Service Type
10.4.2.8.2 Australia: Genetic Testing Services Market Breakdown, by Disease
10.4.2.8.3 Australia: Genetic Testing Services Market Breakdown, by Service Provider
10.4.2.9 South Korea
10.4.2.9.1 Overview
10.4.2.10 South Korea: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.4.2.10.1 South Korea: Genetic Testing Services Market Breakdown, by Service Type
10.4.2.10.2 South Korea: Genetic Testing Services Market Breakdown, by Disease
10.4.2.10.3 South Korea: Genetic Testing Services Market Breakdown, by Service Provider
10.4.2.11 Rest of Asia Pacific
10.4.2.11.1 Overview
10.4.2.12 Rest of APAC: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.4.2.12.1 Rest of APAC: Genetic Testing Services Market Breakdown, by Service Type
10.4.2.12.2 Rest of APAC: Genetic Testing Services Market Breakdown, by Disease
10.4.2.12.3 Rest of APAC: Genetic Testing Services Market Breakdown, by Service Provider
10.5 Middle East and Africa
10.5.1 Middle East and Africa Genetic Testing Services Market Overview
10.5.2 Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.5.2.1 Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast Analysis – by Service Type
10.5.2.2 Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast Analysis – by Disease
10.5.2.3 Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast Analysis – by Service Provider
10.5.3 Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast Analysis – by Country
10.5.3.1 Saudi Arabia
10.5.3.1.1 Overview
10.5.3.2 Saudi Arabia: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.5.3.2.1 Saudi Arabia: Genetic Testing Services Market Breakdown, by Service Type
10.5.3.2.2 Saudi Arabia: Genetic Testing Services Market Breakdown, by Disease
10.5.3.2.3 Saudi Arabia: Genetic Testing Services Market Breakdown, by Service Provider
10.5.3.3 South Africa
10.5.3.3.1 Overview
10.5.3.4 South Africa: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.5.3.4.1 South Africa: Genetic Testing Services Market Breakdown, by Service Type
10.5.3.4.2 South Africa: Genetic Testing Services Market Breakdown, by Disease
10.5.3.4.3 South Africa: Genetic Testing Services Market Breakdown, by Service Provider
10.5.3.5 UAE
10.5.3.5.1 Overview
10.5.3.6 United Arab Emirates: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.5.3.6.1 United Arab Emirates: Genetic Testing Services Market Breakdown, by Service Type
10.5.3.6.2 United Arab Emirates: Genetic Testing Services Market Breakdown, by Disease
10.5.3.6.3 United Arab Emirates: Genetic Testing Services Market Breakdown, by Service Provider
10.5.3.7 Rest of Middle East & Africa
10.5.3.7.1 Overview
10.5.3.8 Rest of Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.5.3.8.1 Rest of Middle East and Africa: Genetic Testing Services Market Breakdown, by Service Type
10.5.3.8.2 Rest of Middle East and Africa: Genetic Testing Services Market Breakdown, by Disease
10.5.3.8.3 Rest of Middle East and Africa: Genetic Testing Services Market Breakdown, by Service Provider
10.6 South and Central America
10.6.1 South and Central America Genetic Testing Services Market Overview
10.6.2 South and Central America: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.6.2.1 South and Central America: Genetic Testing Services Market – Revenue and Forecast Analysis – by Service Type
10.6.2.2 South and Central America: Genetic Testing Services Market – Revenue and Forecast Analysis – by Disease
10.6.2.3 South and Central America: Genetic Testing Services Market – Revenue and Forecast Analysis – by Service Provider
10.6.3 South and Central America: Genetic Testing Services Market – Revenue and Forecast Analysis – by Country
10.6.3.1 Brazil
10.6.3.1.1 Overview
10.6.3.2 Brazil: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.6.3.2.1 Brazil: Genetic Testing Services Market Breakdown, by Service Type
10.6.3.2.2 Brazil: Genetic Testing Services Market Breakdown, by Disease
10.6.3.2.3 Brazil: Genetic Testing Services Market Breakdown, by Service Provider
10.6.3.3 Argentina
10.6.3.3.1 Overview
10.6.3.4 Argentina: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.6.3.4.1 Argentina: Genetic Testing Services Market Breakdown, by Service Type
10.6.3.4.2 Argentina: Genetic Testing Services Market Breakdown, by Disease
10.6.3.4.3 Argentina: Genetic Testing Services Market Breakdown, by Service Provider
10.6.3.3 Chile
10.6.3.3.1 Overview
10.6.3.4 Chile: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.6.3.4.1 Chile: Genetic Testing Services Market Breakdown, by Service Type
10.6.3.4.2 Chile: Genetic Testing Services Market Breakdown, by Disease
10.6.3.4.3 Chile: Genetic Testing Services Market Breakdown, by Service Provider
10.6.3.3 Colombia
10.6.3.3.1 Overview
10.6.3.4 Colombia: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.6.3.4.1 Colombia: Genetic Testing Services Market Breakdown, by Service Type
10.6.3.4.2 Colombia: Genetic Testing Services Market Breakdown, by Disease
10.6.3.4.3 Colombia: Genetic Testing Services Market Breakdown, by Service Provider
10.6.3.5 Rest of South & Central America
10.6.3.5.1 Overview
10.6.3.6 Rest of South and Central America: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
10.6.3.6.1 Rest of South and Central America: Genetic Testing Services Market Breakdown, by Service Type
10.6.3.6.2 Rest of South and Central America: Genetic Testing Services Market Breakdown, by Disease
10.6.3.6.3 Rest of South and Central America: Genetic Testing Services Market Breakdown, by Service Provider
11.1 Overview
11.2 Growth Strategies in Genetic Testing Services Market
11.3 Organic Growth Strategies
11.3.1 Overview
11.4 Inorganic Growth Strategies
11.4.1 Overview
12.1 Eurofins Scientific SE
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Exact Sciences Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Laboratory Corp of America Holdings
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4andMe Holding Co
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Ambry Genetics Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Quest Diagnostics Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Illumina Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 F. Hoffmann-La Roche Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 NeoGenomics Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Centogene NV
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 Ancestry Genomics Inc
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 Gene By Gene Ltd
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
12.13 SIVOTEC BioInformatics LLC
12.13.1 Key Facts
12.13.2 Business Description
12.13.3 Products and Services
12.13.4 Financial Overview
12.13.5 SWOT Analysis
12.13.6 Key Developments
12.14 Progenesis
12.14.1 Key Facts
12.14.2 Business Description
12.14.3 Products and Services
12.14.4 Financial Overview
12.14.5 SWOT Analysis
12.14.6 Key Developments
12.15 Fulgent Genetics, Inc
12.15.1 Key Facts
12.15.2 Business Description
12.15.3 Products and Services
12.15.4 Financial Overview
12.15.5 SWOT Analysis
12.15.6 Key Developments
12.16 VERITAS INTERCONTINENTAL
12.16.1 Business Description
12.16.2 Products and Services
12.16.3 Financial Overview
12.16.4 SWOT Analysis
12.16.5 Key Developments
12.17 GeneDx, LLC
12.17.1 Key Facts
12.17.2 Business Description
12.17.3 Products and Services
12.17.4 Financial Overview
12.17.5 SWOT Analysis
12.17.6 Key Developments
13.1 About The Insight Partners
13.2 Glossary of Terms
Table 1. Genetic Testing Services Market Segmentation
Table 2. Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Table 3. North America: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 4. North America: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 5. North America: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 6. United States: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 7. United States: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 8. United States: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 9. Canada: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 10. Canada: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 11. Canada: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 12. Mexico: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 13. Mexico: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 14. Mexico: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 15. Europe: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 16. Europe: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 17. Europe: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 18. United Kingdom: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 19. United Kingdom: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 20. United Kingdom: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 21. Germany: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 22. Germany: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 23. Germany: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 24. France: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 25. France: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 26. France: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 27. Spain: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 28. Spain: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 29. Spain: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 30. Italy: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 31. Italy: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 32. Italy: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 33. Rest of Europe: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 34. Rest of Europe: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 35. Rest of Europe: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 36. Asia Pacific: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 37. Asia Pacific: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 38. Asia Pacific: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 39. China: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 40. China: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 41. China: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 42. Japan: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 43. Japan: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 44. Japan: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 45. India: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 46. India: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 47. India: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 48. Australia: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 49. Australia: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 50. Australia: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 51. South Korea: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 52. South Korea: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 53. South Korea: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 54. Rest of APAC: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 55. Rest of APAC: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 56. Rest of APAC: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 57. Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 58. Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 59. Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 60. Saudi Arabia: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 61. Saudi Arabia: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 62. Saudi Arabia: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 63. South Africa: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 64. South Africa: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 65. South Africa: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 66. United Arab Emirates: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 67. United Arab Emirates: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 68. United Arab Emirates: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 69. Rest of Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 70. Rest of Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 71. Rest of Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 72. South and Central America: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 73. South and Central America: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 74. South and Central America: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 75. Brazil: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 76. Brazil: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 77. Brazil: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 78. Argentina: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 79. Argentina: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 80. Argentina: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 78. Chile: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 79. Chile: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 80. Chile: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 81. Colombia: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Type
Table 82. Colombia: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Disease
Table 83. Colombia: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 84. Rest of South and Central America: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million) – by Service Type
Table 85. Rest of South and Central America: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million) – by Disease
Table 86. Rest of South and Central America: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million) – by Service Provider
Table 87. Recent Organic Growth Strategies in Genetic Testing Services Market
Table 88. Recent Inorganic Growth Strategies in the Genetic Testing Services Market
Table 89. Glossary of Terms, Genetic Testing Services Market
Figure 1. Genetic Testing Services Market Segmentation, by Geography
Figure 2. PEST Analysis
Figure 3. Genetic Testing Services Market - Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Genetic Testing Services Market Revenue (US$ Million), 2021–2031
Figure 6. Genetic Testing Services Market Share (%) – by Service Type (2023 and 2031)
Figure 7. Predictive Testing: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Carrier Testing: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Prenatal Testing: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Newborn Screening: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Diagnostic Genetic Testing: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Others: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Genetic Testing Services Market Share (%) – by Disease (2023 and 2031)
Figure 14. Cancer: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Cardiovascular Diseases: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Metabolic Diseases: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Other Diseases: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Genetic Testing Services Market Share (%) – by Service Provider (2023 and 2031)
Figure 19. Hospital-Based Laboratories: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. Diagnostic Laboratories: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Others: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Genetic Testing Services Market Breakdown by Region, 2023 and 2031 (%)
Figure 23. North America: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 24. North America: Genetic Testing Services Market, by Key Country – Revenue (2022) (US$ Million)
Figure 25. North America: Genetic Testing Services Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 26. United States: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 27. Canada: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 28. Mexico: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 29. Europe: Genetic Testing Services Market, by Key Country – Revenue (2022) (US$ Million)
Figure 30. Europe: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 31. Europe: Genetic Testing Services Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 32. United Kingdom: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 33. Germany: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 34. France: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 35. Spain: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 36. Italy: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 37. Rest of Europe: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 38. Asia Pacific Genetic Testing Services Market, by Key Country – Revenue, 2022 (US$ Million)
Figure 39. Asia Pacific: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 40. Asia Pacific: Genetic Testing Services Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 41. China: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 42. Japan: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 43. India: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 44. Australia: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 45. South Korea: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 46. Rest of APAC: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 47. Middle East & Africa Genetic Testing Services Market, by Key Country – Revenue, 2022 (US$ Million)
Figure 48. Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 49. Middle East and Africa: Genetic Testing Services Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 50. Saudi Arabia: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 51. South Africa: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 52. United Arab Emirates: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 53. Rest of Middle East and Africa: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 54. South & Central America Genetic Testing Services Market, by Key Country – Revenue, 2022 (US$ Million)
Figure 55. South and Central America: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 56. South and Central America: Genetic Testing Services Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 57. Brazil: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 58. Argentina: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 59. Chile: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 60. Colombia: Genetic Testing Services Market – Revenue and Forecast to 2031(US$ Million)
Figure 61. Rest of South and Central America: Genetic Testing Services Market – Revenue and Forecast to 2031 (US$ Million)
Figure 62. Growth Strategies in Genetic Testing Services Market
The List of Companies - Genetic Testing Services Market
The rising prevalence of genetic diseases and increasing awareness and acceptance of personalized medicines are the most influential factors responsible for the market growth.
Laboratory Corporation of America Holdings; F. Hoffmann-La Roche Ltd; Illumina, Inc.; Quest Diagnostics Inc.; Exact Sciences Corp; NeoGenomics Inc.; Eurofins Scientific; Ambry Genetics; Centogene NV; 23andMe, Inc; Ancestry Genomics Inc.; Gene By Gene Ltd; SIVOTEC BioInformatics LLC; Progenesis; Fulgent Genetics, Inc.; Veritas Intercontinental; and GeneDx, LLC are among the key players operating in the genetic testing services market.
The global genetic testing services market is estimated to register a CAGR of 15.8% during the forecast period.
North America dominated the genetic testing services market in 2023.
The estimated value of the genetic testing services market can reach US$ 12,480.80 million by 2031.