Carrier Screening Market Forecast 2030: Key Players and Emerging Trends

 

Future of Carrier Screening Market: Key Dynamics, Size & Share Analysis

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.

Top Challenges Impacting the Carrier Screening Market Growth

High Cost of Carrier Screening to Impede Market Growth – The considerable expense associated with carrier screening poses a notable barrier to the growth & expansion of the industry. The steep costs involved may restrict the accessibility of carrier screening services for those with constrained financial resources. Consequently, this can lead to disparities in healthcare, wherein only those with the financial capacity to undergo testing can reap its benefits, thus perpetuating inequalities in access. Likewise, the considerable expense associated with carrier screening might result in diminished acceptance rates, as people and couples might be discouraged by the financial strain of undergoing the procedure. This could influence the general utilization of carrier screening services.

Understanding the Core Segments in the Carrier Screening Market

Carrier Screening Market Size, Share & Industry Trends Analysis- By Product & Service (Services, Products) By Type (Expanded Carrier Screening, (Predesigned Panel Testing, Customized Panel Testing), Targeted Disease Carrier Screening), By Medical Condition (Pulmonary Conditions, Hematological Conditions, Neurological Conditions, Others), By Technology (DNA Sequencing, PCR, DNA Microarrays, Others), By End-User (Hospitals & Medical Centers, Clinical Laboratories, Fertility Clinics, Others), and Others.

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Geographical Analysis of the Carrier Screening Market

  • North America
  • South America
  • Europe
  • The Middle East and Africa
  • Asia-Pacific

During the forecast period, North America is expected to dominate the Global Carrier Screening Market in terms of market size & volume. 

Who Dominates the Carrier Screening Market Insights on Key Industry Players?

Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.d

  • 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 and others.

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