Genotyping Assay Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The Genotyping Assay Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Genotyping Assay Market Size and Its Estimated Growth Rate?
The market size for the genotyping assay has seen explosive growth in the past few years. The projections show an increase from $33.98 billion in 2024 to $41.6 billion in 2025, showing a compound annual growth rate (CAGR) of 22.4%. The substantial growth during the former years is largely credited to the practice of using traditional glassware, cultural and lifestyle impacts, economic conditions, the expansion of the hospitality and foodservice sectors, and the trends in gifts and decor.

In the coming years, the genotyping assay market is projected to experience dramatic expansion, reaching a value of $95.5 billion in 2029, representing a compound annual growth rate (CAGR) of 23.1%. This significant growth projected for the forecast period can be attributed to factors such as customization and personalization trends, health and wellness tendencies, the expansion of e-commerce, intelligent and functional glassware, as well as culinary and mixology trends. The forecast period is expected to be characterized by key trends such as material innovation, innovative shapes and designs, smart glassware, specialized beverage glassware, and health and safety features.

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How Are Emerging Segments Shaping the Genotyping Assay Market Landscape?
The genotyping assay market covered in this report is segmented -

1) By Product And Service: Reagents And Kits, Genotyping Services, Instruments, Bioinformatics
2) By Technology: Microarrays, Polymerase Chain Reaction, Sequencing, Capillary Electrophoresis, Matrix-assisted Laser Desorption Or Ionization-Time Of Flight Mass Spectrometry, Other Technologies
3) By End-User: Pharmacogenomics, Personalized Medicine And Diagnostics, Animal Genetics, Agricultural Biotechnology, Research And Diagnostic Laboratories, Academic Institutes

Subsegments:
1) By Reagents And Kits: DNA Extraction Kits, PCR Reagents, SNP Genotyping Kits, Genotyping Services, Genotyping by PCR, Whole Genome Sequencing Services, SNP Genotyping Services
2) By Instruments: PCR Machines, Sequencing Instruments, Microarrays
3) By Bioinformatics: Data Analysis Software, Genotyping Data Management Tools

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Which Growth Factors Are Influencing Genotyping Assay Market Expansion?
The surge in genetic disorders is anticipated to stimulate the expansion of the genotyping assay market. Genetic disorders refer to various medical conditions triggered by irregularities or mutations in a person's DNA. Genotyping assays are used to contrast the DNA of afflicted individuals to that of healthy individuals, identifying changes and revealing specific genetic mutations or variations associated with a certain genetic disorder. For example, in June 2023, Gene People, a UK-based charity supporting people with genetic conditions, reported that one in 25 children in the UK have a genetic disorder. This equates to about 30,000 newborns and young children in the country and more than 2.4 million children and adults each year. Consequently, the soaring prevalence of genetic disorders is fueling the growth of the genotyping assay market. Genotyping Assay Market Driver: The Growing Need For Personalized Medicine Stimulates Expansion In The Genotyping Assay Market

Who Are the Dominant Players Across Different Genotyping Assay Market Segments?
Major companies operating in the genotyping assay market report are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific, Danaher Corporation, Eurofins Scientific SE, Agilent Technologies Inc., PerkinElmer Inc., Illumina Inc., Bio-Rad Laboratories Inc., Qiagen NV, BGI Genomics, LGC Biosearch Technologies, GenScript Biotech, Inotiv Inc., Promega Corporation, Luminex Corporation, Integrated DNA Technologies Inc., Integrated DNA Technologies Ltd., Sequenom Inc., 23andMe Inc., Novogene Corporation, Oxford Nanopore Technologies PLC, GenMark Diagnostics Inc., Macrogen Inc., Pacific Biosciences of California Inc., Standard BioTools Inc., Genewiz Inc., New England Biolabs, TrimGen Corporation, Xcelris Genomics

What Are the Latest Developing Trends in the Genotyping Assay Market?
Prominent players in the genotyping assay market are working on advancements like CE-IVD marked assays for detecting HIV-1 strains that are resistant to treatments. This specific assay, Applied Biosystems TaqPath Seq HIV-1 Genotyping Kit, is a Sanger sequencing-based test that analyzes samples of HIV to detect genetic variants resistant to traditional antiretroviral medications. Thermo Fisher Scientific, a company from the US, launched this kit in January 2023. It not only detects treatment-resistant strains of HIV-1, but also evaluates genomic mutations via HIV RNA and identifies drug-resistant mutations through gold-standard Sanger sequencing technology. It's intended for clinical application. The introduction of this kit has made detection of treatment-resistant HIV-1 strains more efficient. It also provides ready-to-use agents and controls, complies with regulatory standards, offers excellent performance, and can be seamlessly integrated into existing sequencing platforms and workflows.

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Which Geographic Regions Are Expected to Dominate the Genotyping Assay Market in the Coming Years?
North America was the largest region in the genotyping assay market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the genotyping assay market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Genotyping Assay Market?
2. What is the CAGR expected in the Genotyping Assay Market?
3. What Are the Key Innovations Transforming the Genotyping Assay Industry?
4. Which Region Is Leading the Genotyping Assay Market?

Why This Report Matters:

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Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

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