What are the Historic and Forecasted Market Sizes for the Global Carrier Screening Market?
The carrier screening market size has witnessed impressive growth in recent years. It was pegged at $2.72 billion in 2024 and is predicted to reach $3.17 billion in 2025, registering a compound annual growth rate (CAGR) of 16.4%. The growth during the historic period was attributed to increasing genetic disorders awareness, rising maternal age, the emphasis on family planning and early pregnancy awareness, initiatives towards the prevention of genetic diseases, public health initiatives, and increased focus on inherited conditions.
The carrier screening market size is set to witness a dashing growth in the next few years, reaching $5.76 billion in 2029 at a compound annual growth rate (CAGR) of 16.2%. Advancements in precision medicine, expanded panel offerings, the rise of consumer genomics and direct-to-consumer testing, a growing focus on rare and ultra-rare diseases, as well as government and insurance support, and the integration of pharmacogenomics are expected to drive the growth during the forecasted period.
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What is Driving the Ascending Carrier Screening Market Trajectory?
The carrier screening market is being driven by an increase in incidences of fetal chromosomal abnormalities and genetic disorders. For instance, according to the World Health Organization, birth defects cause almost 240,000 newborns to pass away within the first 28 days of life every year. Moreover, Down syndrome is estimated to affect 1 in 1,000 to 1 in 1,100 live births worldwide, making early screening procedures vital and pushing the demand for carrier screening tests up.
Which Segments are taking the lead in the Global Carrier Screening Market?
The carrier screening market in this report is segmented by:
1) Type: Expanded Carrier Screening, Targeted Disease Carrier Screening
2) Medical Condition: Pulmonary Conditions, Hematological Conditions, Neurological Conditions, Other Medical Conditions
3) Technology: DNA Sequencing, Polymerase Chain Reaction, Microarrays, Other Technologies
4) End User: Hospitals, Reference Laboratories, Physician Offices And Clinics, Other End Users
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Who are the Top Players in the Global Carrier Screening Market?
Major companies in the carrier screening market include Invitae Corporation, BGI Genomics Co. Ltd., Centogene NV, Eurofins Scientific SE, Fulgent Genetics Inc., Genealogy by Genetics Ltd., Illumina Inc., Laboratory Corporation of America Holdings, Luminex Corporation, MedGenome Inc., Myriad Genetics Inc., among others.
What are the Emerging Trends in the Global Carrier Screening Market?
Product developments in the form of new screening tests are the major trends being observed in the carrier screening market. An example is Blueprint Genetics’ new offering called the Screening Tests family, introduced in June 2023. This product helps identify potential risks for purposes such as pregnancy, family planning, and comprehensive health checks, thus empowering individuals to make informed decisions.
Which Region Holds the Largest Share and Expected to Grow the Fastest in the Carrier Screening Market?
North America was the largest region for the carrier screening market in 2024. However, Asia-Pacific is forecasted as the fastest-growing region during the forecast period.
What Does The Carrier Screening Market Report 2025 Offer?
Carrier screening refers to a genetic test that can determine the presence of a gene causing certain genetic illnesses. It identifies people having one copy of a gene mutation, causing a hereditary illness when two copies are present. The Carrier Screening Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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