Genetic Testing Market Size, Share, Growth, Report 2024 to 2033

Genetic Testing Market Size and Growth 2024 to 2033

The global genetic testing market size was valued at USD 13.81 billion in 2023 and is expected to be worth around USD 54.92 billion by 2033, growing at a compound annual growth rate (CAGR) of 14.80% from 2024 to 2033.

Genetic testing is a medical procedure involving the analysis of an individual's DNA for changes or mutations in genes, chromosomes, or proteins. These tests may identify the probability of disease, diagnosis of genetic disorders, or risk assessment about passing on a condition to offspring and can be performed on different types of biological samples, including blood, saliva, or tissue, often on a background of prenatal screening, cancer risk assessment, and ancestry determination. The results help inform personalized medical treatment, early interventions, and preventive care, thus providing valuable insight into an individual's health and genetic predisposition issues.

Report Highlights

• North America has dominated the market with revenue share of 45.30% in 2023.
• Europe has held second position and accounted 24.10% in 2023.
• By testing type, the prenatal and newborn testing segment has generated revenue share of 39.80% in 2023.
• By product, the consumable segment has captured revenue share of 60% in 2023.
• By channel, the offline segment has held 63.20% revenue share in 2023.
• By end user, the hospital and clinics segment has accounted revenue share of 44.10% in 2023.

Genetic Testing Market Growth Factors

The rising incidences of genetic disorders and cancer

The rising number of cases of genetic disorders, such as cystic fibrosis and hereditary cancers, has contributed towards the demand for genetic testing. This, in turn, has driven early detection and personalized treatment through the adoption of genetic tests across the globe. Thus, healthcare providers and patients are acknowledging the importance of genetic testing in managing and preventing these conditions.

Growing awareness and acceptance

Rising awareness and acceptance within the public of genetic testing for personalized healthcare and preventive medicine are the major drivers of the market growth. The more informed the consumers as well as healthcare providers become on the benefits that genetic testing can yield, the more adoptive are they for screening for conditions, prenatal testing, and risk assessment. This growing demand is thereby fueling the growth of the genetic testing market globally.

Newborn Screening Initiatives

Campaigns, initiated by governments, inclined towards newborn genetic screening, are gaining prominence and thereby contributing to the expansion of the genetic testing market. The intent is to diagnose life-threatening genetic disorders in the earliest stages of a child's life so treatment can be initiated on time. Growing funding and awareness around such initiatives trigger rising demand for genetic tests, especially in developed countries where the potential for improved long-term health through early diagnosis exists.

Genetic Testing Market Trends

Rise in Direct-to-Consumer (DTC) testing

The genetic testing market is being driven by a surge of DTC testing-a new form of stratum that permits consumers to access genetic information without a physician's involvement. This rising demand probably stems from freedom from medical supervision, financial viability, and customer's yearning for their personalized healthcare solutions. Widespread consumer accessibility will likely result in market expansion, as Ancestry and 23andMe drive this. Besides, there are important challenges of accuracy regarding results and result interpretation and, privacy concerns that constrain widespread adoption in this area.

Increased Usage of Pharmacogenomics

Pharmacogenomics is taking new lengths in personalizing drug therapies based on one’s genetic profile. The scientific rubric thus allows for therapy modulation between high-dose and low-dose prescriptions, giving the highest safety and efficacy, particularly within the oncology and psychiatry corners of medicine. The straight integration of a patient’s genetic data into routine medical care is widely considered a primary market driver that could improve patient outcomes while reducing trial-and-error prescribing. With the deeper integration of pharmacogenomics into general healthcare, the pressing regulatory issues and training will need to be addressed to realizing the full benefits thereof.

Expanded prenatal and newborn screening

Continued prenatal and newborn screening is becoming an expanding trend in genetic testing, as some of the former allows for such detection of fetal and newborn disorders early in their lives. Demand for diagnosis at early stages is growing with the launch of non-invasive prenatal testing (NIPT) which detected genetic disorders. It is especially vital for Down syndrome and cystic fibrosis. Additional government efforts toward newborn screening programs have buoyed this market along. However, the ethics and high costs with adoption in certain areas cause limits.

Gene Editing and CRISPR Technologies

Gene modifying technologies using gene editing like CRISPR have shaped the growth of the gene testing market. This technology offers very precise changes in the genome and provides an opportunity to ration treatment benefits for genetic disorders. The application of CRISPR includes not only diagnosis but also other therapeutic applications, treatment of cancer. The growing focus on research and innovation in gene editing is poised to further drive market growth; however, ethical questions and regulatory scrutiny could pose hurdles to an expansive reach.

Report Scope

Area of Focus	Details
Market Size in 2024	USD 15.85 Billion
Projected Market Size (2033)	USD 54.92 Billion
Growth Rate (2024 to 2033)	14.80%
Dominating Region	North America
Fastest Expanding Region	Asia-Pacific
Key Segments	Technology, Test, Channel, Product, Application, End User, Region
Key Companies	24 genetics, Circle DNA, Tellmegen, 23andme, AncestryDNA, MyDNA, Everly Well, Igenomix, VitaGen, Myriad Genetics, Inc., Mapmygenome, Helix OpCo LLC, MyHeritage Ltd., Illumina, Inc., Color Genomics, Inc., Amgen, Inc.

Gene Testing Market Dynamics

Drivers

Growing Incidence of Genetic Disorders

• Growth of genetic disorders like cystic fibrosis, hemophilia, and Huntington's disease is a main driver for the genetic testing market. Given the growing awareness and technological advancement in diagnosis, early detection and personalized therapies are gaining traction. Genetic testing helps with early intervention, thus improving patient outcomes. The rise in fertility treatments, together with an increasing trend toward prenatal diagnostics, is predicted to increase the global demand for genetic testing services.

Strong Demand for Personalized Medicine

• Personalized medicine is rapidly gaining traction. In this area, genetic testing plays a pivotal role in the tailoring of treatments to individual patients. Genetic analysis allows healthcare providers to develop a more effective treatment plan in the areas of cancer, cardiovascular disease, and rare disorders. Genetic testing from the one-sizefits-all to the more personalized approach is what drives conception. Technological developments and decreasing costs will make personalized medicine more available.

Availability of Direct-to-Consumer Testing

• DTC genetic test kits are among the major driving forces for the market. Organizations such as 23andMe and Ancestry are changing the consumer market by putting genetic aptitudes in the hands of consumers. DTC offers individuals information about their ancestry, health risks, and traits without needing a medical expert. With increasing demand for personalized healthcare, the DTC segment becomes a faster-growing market. Still, data privacy and test accuracy are pending challenges.

Acceptance in Developing Markets

• The genetic testing market is growing in developing countries, thanks to greater infrastructure in answer to healthcare, improved awareness about genetic disorders, and favorable government initiatives. As economies in the brink of APAC, Latin America, and Africa flourish, the rise in availability of advanced medical technologies, including genetic anyway, testing opens doors of opportunities. The market is also being supported with the advent of international collaborations and partnerships aimed at enhancing the quality of genetic research in these regions.

Market Restraints

High Costs of Advanced Testing

• Despite advancements in technology, the cost of advanced genetic tests remains a significant barrier to widespread adoption. While the cost of basic genetic testing has decreased, more comprehensive tests, such as whole-genome sequencing, remain expensive. This limits access for many individuals, especially in developing regions. The high costs also pose a challenge for healthcare systems and insurers, as genetic testing becomes more integrated into routine care. Lowering the cost of testing will be crucial for broader market growth.

Lack of Regulatory Standardization

• The genetic testing market faces challenges due to a lack of standardized regulations across different regions. This creates inconsistencies in test quality, accuracy, and interpretation, affecting the reliability of results. In some countries, the regulatory environment for genetic testing is still developing, leading to gaps in oversight. Without standardized regulations, there is a risk of misinterpretation of results, which could impact patient outcomes. Harmonizing regulatory frameworks is essential for the market’s continued growth.

Limited Infrastructure in Developing Countries

• In developing countries, the genetic testing market faces significant challenges due to limited healthcare infrastructure, lack of trained professionals, and high costs of testing. While awareness of genetic testing is growing, access to advanced diagnostics remains restricted in rural and underdeveloped regions. Governments in these regions are working to improve healthcare systems, but the pace of development is slow. To accelerate growth, investment in healthcare infrastructure and workforce training will be necessary.

Market Challenges

Integration with Healthcare Systems

• One of the biggest challenges in the genetic testing market is integrating genetic data into existing healthcare systems. The complexity of genetic information requires advanced software and databases to store and analyze the data, which many healthcare systems are not equipped to handle. Ensuring that genetic data can be seamlessly integrated into electronic health records (EHRs) is crucial for its adoption in clinical practice. Overcoming this challenge will require significant investment in healthcare IT infrastructure.

Educating Healthcare Professionals

• There is a growing need to educate healthcare professionals about the applications and limitations of genetic testing. Many doctors and clinicians are not well-versed in interpreting genetic test results, which can lead to misdiagnosis or inappropriate treatment. Training programs and continuous education initiatives are needed to ensure that healthcare providers can effectively use genetic information in patient care. This challenge is particularly pronounced in regions where access to advanced medical training is limited.

Handling Inconclusive or Uncertain Results

• Genetic testing can sometimes yield inconclusive or uncertain results, which presents a challenge for both healthcare providers and patients. These ambiguous results can lead to anxiety for patients and complicate decision-making for clinicians. Managing these situations requires clear communication, counseling, and sometimes additional testing. Improving the accuracy of tests and developing guidelines for handling uncertain results will be key to overcoming this challenge.

Gene Testing Market Segmental Analysis

Technology Analysis

Next Generation Sequencing (NGS): NGS is a rapidly evolving technology that allows for high-throughput sequencing of DNA, providing fast and accurate genetic information. It is widely used for diagnosing genetic disorders, personalized medicine, and detecting mutations associated with cancer. The ability to sequence multiple genes simultaneously makes NGS highly cost-effective and efficient, contributing to its dominance in the genetic testing market.

Array Technology: Array technology is used for analyzing multiple genetic variations in a single test, including SNPs (Single Nucleotide Polymorphisms) and chromosomal abnormalities. It is particularly useful in cancer genomics, identifying genetic predispositions, and pharmacogenomics. This technology offers high throughput and is relatively affordable, making it a popular choice in clinical diagnostics and research applications, especially for large-scale genetic screening.

PCR-based Testing: Polymerase Chain Reaction (PCR) is one of the most widely used techniques in genetic testing for amplifying small DNA segments. Its high specificity and sensitivity make it ideal for detecting infectious diseases, genetic mutations, and hereditary conditions. PCR-based testing remains a cornerstone technology in genetic diagnostics due to its cost-effectiveness and reliability in providing rapid and precise results.

FISH (Fluorescence in Situ Hybridization): FISH is a cytogenetic technique used to detect and localize the presence or absence of specific DNA sequences on chromosomes. It is frequently employed for identifying chromosomal abnormalities, cancer diagnostics, and prenatal testing. FISH provides detailed insight into genetic rearrangements, making it highly valuable for diagnosing conditions like leukemia, lymphoma, and other genetic disorders.

Others: This category includes other technologies such as Sanger sequencing, southern blotting, and comparative genomic hybridization (CGH). These methods play specific roles in niche applications, including rare disease diagnostics, detecting genetic translocations, and analyzing gene expression patterns. While not as widely adopted as NGS or PCR, these technologies offer critical solutions for specialized genetic testing requirements.

Test Type Analysis

Predictive Testing: Predictive genetic testing is performed to assess the risk of developing certain genetic conditions before symptoms appear. It is used primarily for hereditary diseases like breast cancer and Huntington’s disease. Predictive tests allow for early intervention and risk management, helping individuals make informed decisions about preventive healthcare strategies.

Carrier Testing: Carrier testing identifies individuals who carry a single copy of a gene mutation that, when present in two copies, causes genetic disorders. It is commonly offered to individuals planning to have children, especially when there's a family history of certain genetic conditions. This test helps assess the risk of passing on genetic disorders like cystic fibrosis or sickle cell anemia to offspring.

Prenatal and Newborn Testing: The prenatal and newborn testing segment has captured 39.40% in 2023. Prenatal and newborn testing is used to detect genetic disorders in fetuses and newborns. Non-invasive prenatal testing (NIPT) and newborn screening are widely employed for early diagnosis of conditions like Down syndrome, cystic fibrosis, and congenital heart defects. These tests help in timely medical interventions, improving long-term health outcomes for affected children.

Diagnostic Testing: Diagnostic testing is performed to identify a specific genetic disorder in individuals showing symptoms. It confirms the presence of genetic mutations responsible for conditions such as cancer, muscular dystrophy, or cystic fibrosis. Diagnostic testing enables healthcare providers to prescribe tailored treatments based on genetic findings, significantly enhancing patient care.

Pharmacogenomic Testing: Pharmacogenomic testing examines how an individual's genetic makeup influences their response to medications. It helps in optimizing drug selection and dosages for patients, particularly in areas like oncology, psychiatry, and cardiovascular diseases. This test is essential for personalized medicine, reducing adverse drug reactions and improving treatment outcomes.

Nutrigenomics: Nutrigenomics explores the interaction between an individual’s genes and their diet, influencing how their body responds to certain foods. This emerging field helps create personalized nutrition plans aimed at preventing chronic diseases like diabetes or obesity. Nutrigenomic testing is gaining popularity among health-conscious consumers looking for tailored dietary recommendations based on their genetic profile.

Others: This segment includes various other tests such as preimplantation genetic testing, which is used during IVF to identify genetic abnormalities in embryos, and mitochondrial testing for rare genetic diseases. These specialized tests cater to niche markets but are growing in importance as advancements in genetic testing continue to expand their applications

Application Analysis

Cancer Treatment: Genetic testing plays a crucial role in cancer treatment by identifying mutations in genes like BRCA1/BRCA2, which are associated with a higher risk of developing cancer. Tests guide treatment options, such as targeted therapies or immunotherapies, and help in prognosis. This personalized approach enhances treatment outcomes and minimizes side effects, making it a rapidly growing segment in the market.

Tissue Typing for Transplantation: Tissue typing involves genetic testing to match organ donors and recipients, reducing the risk of transplant rejection. It ensures compatibility by comparing HLA (Human Leukocyte Antigen) markers, which are critical for immune system function. Tissue typing is essential in transplant procedures, improving success rates and reducing complications, especially in kidney, bone marrow, and stem cell transplants.

Forensic Identity Testing: Forensic genetic testing is widely used in criminal investigations, paternity disputes, and disaster victim identification. Techniques such as DNA profiling and short tandem repeat (STR) analysis help establish biological relationships or identify individuals with high accuracy. This application is key to law enforcement and legal proceedings, making genetic testing indispensable in forensic science.

Ancestry Testing: Ancestry testing analyzes genetic markers to trace familial and ancestral origins. By comparing DNA to reference populations, individuals can discover their ethnic background and genetic heritage. Companies like 23andMe and AncestryDNA offer these tests to consumers, contributing to the growing trend of using genetic testing for personal and genealogical purposes.

Paternity Testing: Paternity testing determines biological relationships between a father and child. It is widely used in legal cases, custody disputes, and immigration applications. The test compares DNA sequences from both individuals to confirm a biological link with high accuracy. Paternity testing is a well-established market segment, driven by its legal, social, and medical applications.

Other: This category includes lesser-known applications like pharmacogenetic testing for drug efficacy, genetic counseling for inherited conditions, and population genetics studies. These tests serve specialized needs across various fields, including public health research, sports genetics, and rare disease diagnostics, contributing to the expanding scope of the genetic testing market.

Genetic Testing Market Regional Analysis

Why is North America dominates the genetic testing market?

The North America genetic testing market size was estimated at USD 6.26 billion in 2023 and is expected to reach around USD 24.88 billion by 2033. North America dominates the market due to advanced healthcare infrastructure, high awareness, and widespread adoption of personalized medicine. The U.S. leads this region, driven by rising cancer cases and increased direct-to-consumer (DTC) genetic testing services. The presence of major market players and extensive research in genomics further strengthens its position. Canada follows with a growing focus on preventive healthcare and public funding for genetic screening programs. Favourable government policies and growing demand for pharmacogenomics are also key growth factors in this region.

Why is Europe holds a significant share in the genetic testing market?

The Europe genetic testing market size was reached at USD 3.33 billion in 2023 and is projected to hit around USD 13.24 billion by 2033. Europe holds a significant share in the genetic testing market, supported by a strong regulatory framework, high healthcare expenditure, and growing public awareness of genetic conditions. Countries like the UK, Germany, and France are leading in adopting genetic testing for personalized medicine and prenatal screening. The UK has invested in initiatives like the 100,000 Genomes Project, driving demand for genetic research. Germany’s advanced healthcare system and growing focus on rare diseases contribute to the region’s market expansion, while France is investing in national genomics strategies.

Why is Asia-Pacific witnessing rapid growth in the genetic testing market?

The Asia-Pacific genetic testing market size was valued at USD 2.72 billion in 2023 and is predicted to surpass around USD 10.82 billion by 2033. Asia-Pacific is witnessing rapid growth in the genetic testing market, propelled by increasing healthcare investments, expanding middle-class populations, and rising awareness of genetic disorders. China and Japan lead the market, with China’s growing biotechnology sector and Japan’s advancements in precision medicine driving demand. India is also emerging as a key player, with a focus on prenatal and cancer screening. Government support and improved healthcare access across developing countries are expected to boost market growth further, making this region highly lucrative for future investments.

LAMEA region shows gradual growth in the genetic testing market

The LAMEA genetic testing market was valued at USD 1.51 billion in 2023 and is anticipated to reach around USD 5.99 billion by 2033. The LAMEA region shows gradual growth in the market, driven by increasing awareness and improving healthcare infrastructure. Brazil and Mexico are key markets in Latin America, with rising investments in genetic research and diagnostics. In the Middle East, countries like Saudi Arabia and the UAE are embracing genetic testing for inherited conditions, driven by higher incidences of genetic disorders in consanguineous populations. However, limited healthcare access and affordability issues pose challenges in many African nations, though emerging public health initiatives are expected to stimulate growth in the coming years.

Genetic Testing Market Top Companies

• 24 genetics
• Circle DNA
• Tellmegen
• 23andme
• AncestryDNA
• MyDNA
• Everly Well
• Igenomix
• VitaGen
• Myriad Genetics, Inc.
• Mapmygenome
• Helix OpCo LLC
• MyHeritage Ltd.
• Illumina, Inc.
• Color Genomics, Inc.
• Amgen, Inc.

The genetic testing industry is dominated by a few central players, including 4 genetics; Circle DNA; Illumina Inc.; tellmegene; 23andme; AncestryDNA; MyDNA; Everly Well; Igenomix; VitaGen; and Myriad Genetics, Inc, among others. These organizations are recognized for their commitment to innovation and advancement in genetic testing. They leverage cutting-edge technologies and develop innovative solutions that enhance the capabilities of genetic testing, making significant contributions to the field and expanding accessibility for consumers. Through their efforts, these companies are shaping the future of personalized medicine and genetic analysis.

CEO Statements

Sean George - CEO of Invitae:

“We aim to make genetic information part of every healthcare decision, helping to drive proactive and informed patient care.”

Steven Chapman - CEO of Natera: 

“Our goal is to expand access to non-invasive prenatal testing and hereditary cancer testing, allowing more patients to benefit from our innovative solutions.”

Recent Developments

The genetic testing industry is seeing dynamic advancements and strategic launches as key players focus on improving technological capabilities. Industry leaders are heavily investing in research, collaborations, and manufacturing innovations to enhance their competitive positioning. Some notable examples of key developments in the market include:

• In February 2024, Sysmex Corporation and Hitachi High-Tech Corporation announced a collaboration aimed at developing advanced genetic testing systems utilizing capillary electrophoresis sequencers (CE sequencers). This strategic partnership is designed to enhance both companies' reach into emerging markets, capitalizing on new opportunities for growth.
• In July 2023, Quest Diagnostics launched its first consumer-initiated genetic test, named Genetic Insights. This innovative offering allows individuals to assess their potential risk for inheritable health conditions, featuring cutting-edge technology and comprehensive support. It includes personalized health reports and access to genetic counseling, thereby broadening the company’s product range and enhancing consumer engagement.

Market Segmentation

By Technology

• Polymerase Chain Reaction
• DNA Sequencing
  
  • Sanger sequencing
  • Next generation sequencing
• Array Technology
• PCR-based Testing
• Cytogenetic testing
  
  • Chromosome analysis (karyotyping)
  • Fluorescence in situ hybridization (FISH)
• Others

By Test Type

• Predictive Testing
• Carrier Testing
• Prenatal and Newborn Testing
• Diagnostic Testing
• Pharmacogenomic Testing
• Nutrigenomics
• Other

By Product

• Consumables
• Equipment
• Software & Services

By Channel

• Online
• Offline

By Application

• Cancer treatment
• Tissue Typing for Transplantation
• Ancestry Testing
• Forensic Identity Testing
• Paternity Testing
• Other

By End-user

• Hospitals & Clinics
• Diagnostic Laboratories
• Others

By Region

• North America
• APAC
• Europe
• LAMEA

...