Global Genetic Testing Market to 2032
Overview
The Global Genetic Testing Market is expected to reach a 84.55 USD Billion by 2032 and is projected to grow at a CAGR of 18.15% from 2025 to 2032.
Revenue, 2024 (USD Billion)
24.54
Forecast, 2032 (USD Billion)
84.55
CAGR, 2024 - 2032
18.15%
Report Coverage
Global
Global Genetic Testing Market 2018-2032 USD Billion
Global Genetic Testing Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 24.54 USD Billion
- Projected Market Size (2032): 84.55 USD Billion
- CAGR (2025-2032): 18.15%
Key Findings of Global Genetic Testing Market
- The Global Genetic Testing Market was valued at 84.55 USD Billion in 2024.
- The Global Genetic Testing Market is likely to grow at a CAGR of 18.15% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Cancer in Diseases Segment accounted for the largest share of the market with a revenue of 13.06 USD Billion
- The fastest growing segment Diagnostic Testing in Type Segment grew Fastest with a CAGR of 20.29% during the forecast period from 2024 to 2032.
Global Genetic Testing Market Scope
Global Genetic Testing Market Segmentation & Scope
End User
- Private Laboratories
- Laboratory Service Providers
- Private Clinics
- Diagnostic Centers
- Clinics
- Hospitals
Type
- Other Types
- Carrier Testing
- Predictive and Presymptomatic Testing
- New Born Screening
- Prenatal Testing
- Diagnostic Testing
Diseases
- Others
- Cystic Fibrosis
- Huntington's Disease
- Duchenne Muscular Dystrophy
- Fragile X Syndrome
- Rare Genetic Disorder
- Thalassemia
- Sickle Cell Anemia
- Cancer
Technology
- Others
- Fluorescence In Situ Hybridization (FISH)
- Microarrays
- Whole Genome Sequencing
- DNA Sequencing (NGS-Based Testing)
- Polymerase Chain Reaction
Global Genetic Testing Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 24.54 USD Billion |
| Market Value in 2032 | 84.55 USD Billion |
| CAGR (2025-2032) | 18.15% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Type,Diseases,Technology |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 24.54 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 8,755.11 USD Million in 2024.
Segments and Scope
-
Global Genetic Testing Market to 2032, By End User
- Hospitals is the largest segment in Global Genetic Testing Market to 2032 with a revenue of 8.38 USD Billion in the year 2024.
- Hospitals is the Fastest growing segment in Global Genetic Testing Market to 2032 with a Growth rate of 20.06 % in forecast period 2025-2032.
-
Global Genetic Testing Market to 2032, By Type
- Diagnostic Testing is the largest segment in Global Genetic Testing Market to 2032 with a revenue of 8.54 USD Billion in the year 2024.
- Diagnostic Testing is the Fastest growing segment in Global Genetic Testing Market to 2032 with a Growth rate of 20.29 % in forecast period 2025-2032.
-
Global Genetic Testing Market to 2032, By Diseases
- Cancer is the largest segment in Global Genetic Testing Market to 2032 with a revenue of 13.06 USD Billion in the year 2024.
- Cancer is the Fastest growing segment in Global Genetic Testing Market to 2032 with a Growth rate of 19.12 % in forecast period 2025-2032.
-
Global Genetic Testing Market to 2032, By Technology
- Polymerase Chain Reaction is the largest segment in Global Genetic Testing Market to 2032 with a revenue of 9.22 USD Billion in the year 2024.
- Polymerase Chain Reaction is the Fastest growing segment in Global Genetic Testing Market to 2032 with a Growth rate of 19.93 % in forecast period 2025-2032.
Global Genetic Testing Market Company Share Analysis
| Company Name |
|
||
| PerkinElmer Inc. | |||
| Illumina, Inc. | |||
| Thermo Fisher Scientific Inc. | |||
| Cepheid | |||
| Fulgent Genetics | |||
Global Genetic Testing Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Genetic Testing Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Genetic Testing Market is segmented based on Segmentation End User,Type,Diseases,Technology.
Global Genetic Testing Market was valued at USD 24.54(Revenue in USD Billion) in 2021.
Global Genetic Testing Market is projected to grow at a CAGR of 18.15% during the forecast period of 2024 to 2032.
The Cancer segment is expected to dominate the Global Genetic Testing Market, holding a largest market share of 13.06 USD Billion in 2024
Global Genetic Testing Market Scope
Global Genetic Testing Market Segmentation & Scope
End User
- Private Laboratories
- Laboratory Service Providers
- Private Clinics
- Diagnostic Centers
- Clinics
- Hospitals
Type
- Other Types
- Carrier Testing
- Predictive and Presymptomatic Testing
- New Born Screening
- Prenatal Testing
- Diagnostic Testing
Diseases
- Others
- Cystic Fibrosis
- Huntington's Disease
- Duchenne Muscular Dystrophy
- Fragile X Syndrome
- Rare Genetic Disorder
- Thalassemia
- Sickle Cell Anemia
- Cancer
Technology
- Others
- Fluorescence In Situ Hybridization (FISH)
- Microarrays
- Whole Genome Sequencing
- DNA Sequencing (NGS-Based Testing)
- Polymerase Chain Reaction
Frequently Asked Questions
The Global Genetic Testing Market is segmented based on Segmentation End User,Type,Diseases,Technology.
Global Genetic Testing Market was valued at USD 24.54(Revenue in USD Billion) in 2021.
Global Genetic Testing Market is projected to grow at a CAGR of 18.15% during the forecast period of 2024 to 2032.
The estimated market value of the Global Genetic Testing Market for final year is USD 84.55 (USD Billion).
Global Genetic Testing Market Company Profiling
Frequently Asked Questions
The Global Genetic Testing Market is segmented based on Segmentation End User,Type,Diseases,Technology.
Global Genetic Testing Market was valued at USD 24.54(Revenue in USD Billion) in 2021.
Global Genetic Testing Market is projected to grow at a CAGR of 18.15% during the forecast period of 2024 to 2032.
The estimated market value of the Global Genetic Testing Market for final year is USD 84.55 (USD Billion).
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