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Carrier Screening Market Size, Share Analysis, Growth, Drivers, Segment And Forecast 2023-2032
Carrier Screening Market Report
The Business Research Company's Carrier Screening Global Market Report 2023 identifies an increase in fetal chromosomal abnormalities and genetic disorders as the major driver for the Carrier Screening market's growth in the forecast period. Fetal chromosomal abnormalities refer to a fetus with an abnormal number of chromosomes, an abnormal quantity of DNA inside a chromosome. Prenatal testing for chromosomal abnormalities is intended to provide an accurate assessment of a patient's risk of carrying a fetus with a chromosomal disorder.
The global carrier screening market size is expected to grow from $2.03 billion in 2022 to $2.38 billion in 2023 at a compound annual growth rate (CAGR) of 17.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The carrier screening market size is expected to grow to $4.30 billion in 2027 at a CAGR of 15.9%.
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Major competitors in the Carrier Screening market are Invitae Corporation, Fulgent Genetics Inc., Illumina Inc., Sema4 Holdings Corporation, Natera Inc.,
A key trend in the Carrier Screening market includes technological advancements. Major companies operating in the carrier screening market are focused on developing new technological solutions to strengthen their position. For instance, in July 2020, NIPD Genetics, a Cyprus-based biotechnology company, released Adventia, a broader carrier screening test for anyone or a couple interested in learning if they are carriers of a genetic disease. Adventia is a safe, reliable, and exclusive test for up to 229 X-linked and autosomal recessive illnesses that offer healthcare professionals and individuals significant genetic insight and information about their reproductive possibilities.
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The Carrier Screening market is segmented -
•By Type: Expanded Carrier Screening, Targeted Disease Carrier Screening
•By Product and Service: Service, Product
•By Medical Condition: Pulmonary Conditions, Hematological Conditions, Neurological Conditions, Other Medical Conditions
•By Technology: DNA Sequencing, Polymerase Chain Reaction, Microarrays, Other Technologies
•By End User: Hospitals, Reference Laboratories, Physician Offices and Clinics, Other End Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Carrier Screening market.
The Business Research Company's "Global Carrier Screening Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Carrier Screening Market Include:
1. Executive Summary
2. Carrier Screening Market Characteristics
3. Carrier Screening Market Trends And Strategies
4. Carrier Screening Market - Macro Economic Scenario
5. Carrier Screening Market Size And Growth
……
26. Africa Carrier Screening Market
27. Carrier Screening Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Carrier Screening Market
29. Carrier Screening Market Future Outlook and Potential Analysis
30. Appendix
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