Genetic Testing Market Share

  • Report ID: 4745
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Genetic Testing Market Share

APAC Market Forecast

Genetic Testing market in Asia Pacific is predicted to account for the largest share of 36% by 2037 impelled by the growing healthcare sector. This has led to an increase in awareness and accessibility in developing countries such as India and China to genetic testing services. Moreover, more and more people in the region are gaining knowledge about the importance of genetic testing in disease prevention. There were more than 8,000 more healthcare facilities in China at the end of 2021 than there were in 2020.

North American Market Statistics

The North America genetic testing market is estimated to be the second largest, during the forecast timeframe led by the rising number of improvements in technology. As a result, genetic testing technology is widely being adopted in the region since more efficient, cost-effective, and precise genetic insights are being provided to the people.

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Author Credits:  Radhika Pawar


  • Report ID: 4745
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of genetic testing is estimated at USD 24.43 billion.

The genetic testing market size was over USD 22.74 billion in 2024 and is projected to cross USD 72.05 billion by the end of 2037, witnessing more than 9.2% CAGR during the forecast period i.e., between 2025-2037. Rising prevalence of hereditary illnesses and the growing popularity of personalized medicine will boost the market growth.

Asia Pacific industry is predicted to account for the largest share of 36% by 2037, impelled by growing healthcare sector in the region.

The major players in the market include Genentech Inc., Sorenson Genomics, Abbott Molecular, Bayer AG, Biocartis, BioHelix, Quest Diagnostics, Exact Sciences Corporation, HTG Molecular Diagnostics, Inc., PacBio.
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