Global Genetic Testing Market Research Report 2023

Genetic testing, also known as DNA testing, allows the determination of bloodlines and the genetic diagnosis of vulnerabilities to inherited diseases. In agriculture, a form of genetic testing known as progeny testing can be used to evaluate the quality of breeding stock. In population ecology, genetic testing can be used to track genetic strengths and vulnerabilities of species populations.

The global Genetic Testing market was valued at US$ 7669.2 million in 2022 and is anticipated to reach US$ 12860 million by 2029, witnessing a CAGR of 9.0% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The demand for genetic testing is growing owing to the increasing genetic mutations in fetuses and newborns and growing prevalence of hereditary genetic disorders, and infectious diseases. In the US, a large number of infants are being born with congenital heart disease (CHD). Owing to factors such as genetic conditions, the consumption of medications or alcohol during pregnancy, or viral infection, infants are susceptible to developing CHD. Technavio’s market study identifies the growing prevalence of genetic disorders to be one of the primary growth factors for the genetic testing market. CHD may occur in infants in varying patterns such as autosomal dominant, autosomal recessive, X-linked dominant, and X-linked recessive. A key vendor manufactured Invitae Congenital Heart Disease Panel, that can analyze efficiently 42 genes that cause CHD prematurely.

This report aims to provide a comprehensive presentation of the global market for Genetic Testing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Genetic Testing.

The Genetic Testing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Genetic Testing market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Genetic Testing companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Genetic Testing Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Analyzers

1.2.3 Consumables

1.3 Market by Application

1.3.1 Global Genetic Testing Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Predictive and Diagnostic Testing

1.3.3 Prenatal, Newborn, and Pre-Implantation Testing

1.3.4 Pharmacogenomic Testing

1.3.5 Forensic, Relationship, and Ancestry Testing

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Genetic Testing Market Perspective (2018-2029)

2.2 Genetic Testing Growth Trends by Region

2.2.1 Global Genetic Testing Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Genetic Testing Historic Market Size by Region (2018-2023)

2.2.3 Genetic Testing Forecasted Market Size by Region (2024-2029)

2.3 Genetic Testing Market Dynamics

2.3.1 Genetic Testing Industry Trends

2.3.2 Genetic Testing Market Drivers

2.3.3 Genetic Testing Market Challenges

2.3.4 Genetic Testing Market Restraints

3.1 Global Top Genetic Testing Players by Revenue

3.1.1 Global Top Genetic Testing Players by Revenue (2018-2023)

3.1.2 Global Genetic Testing Revenue Market Share by Players (2018-2023)

3.2 Global Genetic Testing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Genetic Testing Revenue

3.4 Global Genetic Testing Market Concentration Ratio

3.4.1 Global Genetic Testing Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Genetic Testing Revenue in 2022

3.5 Genetic Testing Key Players Head office and Area Served

3.6 Key Players Genetic Testing Product Solution and Service

3.7 Date of Enter into Genetic Testing Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Genetic Testing Historic Market Size by Type (2018-2023)

4.2 Global Genetic Testing Forecasted Market Size by Type (2024-2029)

5.1 Global Genetic Testing Historic Market Size by Application (2018-2023)

5.2 Global Genetic Testing Forecasted Market Size by Application (2024-2029)

6.1 North America Genetic Testing Market Size (2018-2029)

6.2 North America Genetic Testing Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Genetic Testing Market Size by Country (2018-2023)

6.4 North America Genetic Testing Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Genetic Testing Market Size (2018-2029)

7.2 Europe Genetic Testing Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Genetic Testing Market Size by Country (2018-2023)

7.4 Europe Genetic Testing Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Genetic Testing Market Size (2018-2029)

8.2 Asia-Pacific Genetic Testing Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Genetic Testing Market Size by Region (2018-2023)

8.4 Asia-Pacific Genetic Testing Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Genetic Testing Market Size (2018-2029)

9.2 Latin America Genetic Testing Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Genetic Testing Market Size by Country (2018-2023)

9.4 Latin America Genetic Testing Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Genetic Testing Market Size (2018-2029)

10.2 Middle East & Africa Genetic Testing Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Genetic Testing Market Size by Country (2018-2023)

10.4 Middle East & Africa Genetic Testing Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Abbott

11.1.1 Abbott Company Detail

11.1.2 Abbott Business Overview

11.1.3 Abbott Genetic Testing Introduction

11.1.4 Abbott Revenue in Genetic Testing Business (2018-2023)

11.1.5 Abbott Recent Development

11.2 bioMérieux

11.2.1 bioMérieux Company Detail

11.2.2 bioMérieux Business Overview

11.2.3 bioMérieux Genetic Testing Introduction

11.2.4 bioMérieux Revenue in Genetic Testing Business (2018-2023)

11.2.5 bioMérieux Recent Development

11.3 Bio-Rad Laboratories

11.3.1 Bio-Rad Laboratories Company Detail

11.3.2 Bio-Rad Laboratories Business Overview

11.3.3 Bio-Rad Laboratories Genetic Testing Introduction

11.3.4 Bio-Rad Laboratories Revenue in Genetic Testing Business (2018-2023)

11.3.5 Bio-Rad Laboratories Recent Development

11.4 F. Hoffmann-La Roche

11.4.1 F. Hoffmann-La Roche Company Detail

11.4.2 F. Hoffmann-La Roche Business Overview

11.4.3 F. Hoffmann-La Roche Genetic Testing Introduction

11.4.4 F. Hoffmann-La Roche Revenue in Genetic Testing Business (2018-2023)

11.4.5 F. Hoffmann-La Roche Recent Development

11.5 Myriad Genetics

11.5.1 Myriad Genetics Company Detail

11.5.2 Myriad Genetics Business Overview

11.5.3 Myriad Genetics Genetic Testing Introduction

11.5.4 Myriad Genetics Revenue in Genetic Testing Business (2018-2023)

11.5.5 Myriad Genetics Recent Development

11.6 QIAGEN

11.6.1 QIAGEN Company Detail

11.6.2 QIAGEN Business Overview

11.6.3 QIAGEN Genetic Testing Introduction

11.6.4 QIAGEN Revenue in Genetic Testing Business (2018-2023)

11.6.5 QIAGEN Recent Development

11.7 Quest Diagnostics

11.7.1 Quest Diagnostics Company Detail

11.7.2 Quest Diagnostics Business Overview

11.7.3 Quest Diagnostics Genetic Testing Introduction

11.7.4 Quest Diagnostics Revenue in Genetic Testing Business (2018-2023)

11.7.5 Quest Diagnostics Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Genetic Testing Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Analyzers

    Table 3. Key Players of Consumables

    Table 4. Global Genetic Testing Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 5. Global Genetic Testing Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global Genetic Testing Market Size by Region (2018-2023) & (US$ Million)

    Table 7. Global Genetic Testing Market Share by Region (2018-2023)

    Table 8. Global Genetic Testing Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 9. Global Genetic Testing Market Share by Region (2024-2029)

    Table 10. Genetic Testing Market Trends

    Table 11. Genetic Testing Market Drivers

    Table 12. Genetic Testing Market Challenges

    Table 13. Genetic Testing Market Restraints

    Table 14. Global Genetic Testing Revenue by Players (2018-2023) & (US$ Million)

    Table 15. Global Genetic Testing Market Share by Players (2018-2023)

    Table 16. Global Top Genetic Testing Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Genetic Testing as of 2022)

    Table 17. Ranking of Global Top Genetic Testing Companies by Revenue (US$ Million) in 2022

    Table 18. Global 5 Largest Players Market Share by Genetic Testing Revenue (CR5 and HHI) & (2018-2023)

    Table 19. Key Players Headquarters and Area Served

    Table 20. Key Players Genetic Testing Product Solution and Service

    Table 21. Date of Enter into Genetic Testing Market

    Table 22. Mergers & Acquisitions, Expansion Plans

    Table 23. Global Genetic Testing Market Size by Type (2018-2023) & (US$ Million)

    Table 24. Global Genetic Testing Revenue Market Share by Type (2018-2023)

    Table 25. Global Genetic Testing Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 26. Global Genetic Testing Revenue Market Share by Type (2024-2029)

    Table 27. Global Genetic Testing Market Size by Application (2018-2023) & (US$ Million)

    Table 28. Global Genetic Testing Revenue Market Share by Application (2018-2023)

    Table 29. Global Genetic Testing Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 30. Global Genetic Testing Revenue Market Share by Application (2024-2029)

    Table 31. North America Genetic Testing Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 32. North America Genetic Testing Market Size by Country (2018-2023) & (US$ Million)

    Table 33. North America Genetic Testing Market Size by Country (2024-2029) & (US$ Million)

    Table 34. Europe Genetic Testing Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. Europe Genetic Testing Market Size by Country (2018-2023) & (US$ Million)

    Table 36. Europe Genetic Testing Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Asia-Pacific Genetic Testing Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Asia-Pacific Genetic Testing Market Size by Region (2018-2023) & (US$ Million)

    Table 39. Asia-Pacific Genetic Testing Market Size by Region (2024-2029) & (US$ Million)

    Table 40. Latin America Genetic Testing Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Latin America Genetic Testing Market Size by Country (2018-2023) & (US$ Million)

    Table 42. Latin America Genetic Testing Market Size by Country (2024-2029) & (US$ Million)

    Table 43. Middle East & Africa Genetic Testing Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Middle East & Africa Genetic Testing Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Middle East & Africa Genetic Testing Market Size by Country (2024-2029) & (US$ Million)

    Table 46. Abbott Company Detail

    Table 47. Abbott Business Overview

    Table 48. Abbott Genetic Testing Product

    Table 49. Abbott Revenue in Genetic Testing Business (2018-2023) & (US$ Million)

    Table 50. Abbott Recent Development

    Table 51. bioMérieux Company Detail

    Table 52. bioMérieux Business Overview

    Table 53. bioMérieux Genetic Testing Product

    Table 54. bioMérieux Revenue in Genetic Testing Business (2018-2023) & (US$ Million)

    Table 55. bioMérieux Recent Development

    Table 56. Bio-Rad Laboratories Company Detail

    Table 57. Bio-Rad Laboratories Business Overview

    Table 58. Bio-Rad Laboratories Genetic Testing Product

    Table 59. Bio-Rad Laboratories Revenue in Genetic Testing Business (2018-2023) & (US$ Million)

    Table 60. Bio-Rad Laboratories Recent Development

    Table 61. F. Hoffmann-La Roche Company Detail

    Table 62. F. Hoffmann-La Roche Business Overview

    Table 63. F. Hoffmann-La Roche Genetic Testing Product

    Table 64. F. Hoffmann-La Roche Revenue in Genetic Testing Business (2018-2023) & (US$ Million)

    Table 65. F. Hoffmann-La Roche Recent Development

    Table 66. Myriad Genetics Company Detail

    Table 67. Myriad Genetics Business Overview

    Table 68. Myriad Genetics Genetic Testing Product

    Table 69. Myriad Genetics Revenue in Genetic Testing Business (2018-2023) & (US$ Million)

    Table 70. Myriad Genetics Recent Development

    Table 71. QIAGEN Company Detail

    Table 72. QIAGEN Business Overview

    Table 73. QIAGEN Genetic Testing Product

    Table 74. QIAGEN Revenue in Genetic Testing Business (2018-2023) & (US$ Million)

    Table 75. QIAGEN Recent Development

    Table 76. Quest Diagnostics Company Detail

    Table 77. Quest Diagnostics Business Overview

    Table 78. Quest Diagnostics Genetic Testing Product

    Table 79. Quest Diagnostics Revenue in Genetic Testing Business (2018-2023) & (US$ Million)

    Table 80. Quest Diagnostics Recent Development

    Table 81. Research Programs/Design for This Report

    Table 82. Key Data Information from Secondary Sources

    Table 83. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Genetic Testing Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Genetic Testing Market Share by Type: 2022 VS 2029

    Figure 3. Analyzers Features

    Figure 4. Consumables Features

    Figure 5. Global Genetic Testing Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 6. Global Genetic Testing Market Share by Application: 2022 VS 2029

    Figure 7. Predictive and Diagnostic Testing Case Studies

    Figure 8. Prenatal, Newborn, and Pre-Implantation Testing Case Studies

    Figure 9. Pharmacogenomic Testing Case Studies

    Figure 10. Forensic, Relationship, and Ancestry Testing Case Studies

    Figure 11. Genetic Testing Report Years Considered

    Figure 12. Global Genetic Testing Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 13. Global Genetic Testing Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 14. Global Genetic Testing Market Share by Region: 2022 VS 2029

    Figure 15. Global Genetic Testing Market Share by Players in 2022

    Figure 16. Global Top Genetic Testing Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Genetic Testing as of 2022)

    Figure 17. The Top 10 and 5 Players Market Share by Genetic Testing Revenue in 2022

    Figure 18. North America Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 19. North America Genetic Testing Market Share by Country (2018-2029)

    Figure 20. United States Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 21. Canada Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 22. Europe Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Europe Genetic Testing Market Share by Country (2018-2029)

    Figure 24. Germany Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. France Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. U.K. Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Italy Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Russia Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Nordic Countries Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Asia-Pacific Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Asia-Pacific Genetic Testing Market Share by Region (2018-2029)

    Figure 32. China Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Japan Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. South Korea Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Southeast Asia Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. India Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Australia Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Latin America Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Latin America Genetic Testing Market Share by Country (2018-2029)

    Figure 40. Mexico Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Brazil Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Middle East & Africa Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Middle East & Africa Genetic Testing Market Share by Country (2018-2029)

    Figure 44. Turkey Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Saudi Arabia Genetic Testing Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Abbott Revenue Growth Rate in Genetic Testing Business (2018-2023)

    Figure 47. bioMérieux Revenue Growth Rate in Genetic Testing Business (2018-2023)

    Figure 48. Bio-Rad Laboratories Revenue Growth Rate in Genetic Testing Business (2018-2023)

    Figure 49. F. Hoffmann-La Roche Revenue Growth Rate in Genetic Testing Business (2018-2023)

    Figure 50. Myriad Genetics Revenue Growth Rate in Genetic Testing Business (2018-2023)

    Figure 51. QIAGEN Revenue Growth Rate in Genetic Testing Business (2018-2023)

    Figure 52. Quest Diagnostics Revenue Growth Rate in Genetic Testing Business (2018-2023)

    Figure 53. Bottom-up and Top-down Approaches for This Report

    Figure 54. Data Triangulation

    Figure 55. Key Executives Interviewed