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.                      

Global Carrier Screening Market Driver:

Rising Prevalence of Genetic Disorders – The increasing occurrence and understanding of genetic disorders are major factors driving the growth & expansion of carrier screening services. Carrier screening is a crucial methodology for pinpointing individuals who possess one copy of a gene mutation linked to a particular genetic ailment. Approximately 10,000 distinct types of single-gene diseases, also known as monogenic diseases, exist, wherein mutations in a single gene cause the ailment. According to the World Health Organization Report, it has been estimated that 9 out of every 999 individuals are adversely impacted by these conditions. This suggests that about 85 million people are grappling with one of these diseases worldwide.

Furthermore, the escalating incidence of hereditary cancer stands as a significant catalyst for market growth. Carrier screening, especially concerning genes linked to cancer susceptibility, holds vital importance in identifying individuals carrying genetic mutations associated with heightened risks of specific cancer types. For example, according to the NIH, as much as 10% of all cancers might stem from inherited genetic alterations. Thus, the increasing prevalence of genetic disorders emphasizes the critical role of carrier screening as both a preventive measure and a means for informed decision-making in family planning. As awareness expands, the market is poised to assume an increasingly pivotal role in the management and prevention of genetic diseases.

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Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Global Carrier Screening Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2023

-Historical Period: 2019 to 2022

-Forecast Period: 2024 to 2030

• By Product & Service
• Services- Market Size & Forecast 2019-2030, (USD Million)
• Products- Market Size & Forecast 2019-2030, (USD Million)
• By Type
• Expanded Carrier Screening- Market Size & Forecast 2019-2030, (USD Million)
• Predesigned Panel Testing- Market Size & Forecast 2019-2030, (USD Million)
• Customized Panel Testing- Market Size & Forecast 2019-2030, (USD Million)
• Targeted Disease Carrier Screening- Market Size & Forecast 2019-2030, (USD Million)
• By Medical Condition
• Pulmonary Conditions- Market Size & Forecast 2019-2030, (USD Million)
• Hematological Conditions- Market Size & Forecast 2019-2030, (USD Million)
• Neurological Conditions- Market Size & Forecast 2019-2030, (USD Million)
• Others- Market Size & Forecast 2019-2030, (USD Million)
• By Technology
• DNA Sequencing- Market Size & Forecast 2019-2030, (USD Million)
• PCR- Market Size & Forecast 2019-2030, (USD Million)
• DNA Microarrays- Market Size & Forecast 2019-2030, (USD Million)
• Others- Market Size & Forecast 2019-2030, (USD Million)
• By End-User
• Hospitals & Medical Centers- Market Size & Forecast 2019-2030, (USD Million)
• Clinical Laboratories- Market Size & Forecast 2019-2030, (USD Million)
• Fertility Clinics- Market Size & Forecast 2019-2030, (USD Million)
• Others- Market Size & Forecast 2019-2030, (USD Million)
• By Region
• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   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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