MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Global Carrier Screening Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Global Carrier Screening Market: 2024-2030
The Global Carrier Screening Market size was valued at around USD 2.09 billion in 2023 & is estimated to grow at a CAGR of around 20.7% during the forecast period, i.e., 2024–30.
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Global Carrier Screening Market Driver:
Rising Prevalence of Genetic Disorders – The increasing occurrence and understanding of genetic disorders are major factors driving the growth & expansion of carrier screening services. Carrier screening is a crucial methodology for pinpointing individuals who possess one copy of a gene mutation linked to a particular genetic ailment. Approximately 10,000 distinct types of single-gene diseases, also known as monogenic diseases, exist, wherein mutations in a single gene cause the ailment. According to the World Health Organization Report, it has been estimated that 9 out of every 999 individuals are adversely impacted by these conditions. This suggests that about 85 million people are grappling with one of these diseases worldwide.
Furthermore, the escalating incidence of hereditary cancer stands as a significant catalyst for market growth. Carrier screening, especially concerning genes linked to cancer susceptibility, holds vital importance in identifying individuals carrying genetic mutations associated with heightened risks of specific cancer types. For example, according to the NIH, as much as 10% of all cancers might stem from inherited genetic alterations. Thus, the increasing prevalence of genetic disorders emphasizes the critical role of carrier screening as both a preventive measure and a means for informed decision-making in family planning. As awareness expands, the market is poised to assume an increasingly pivotal role in the management and prevention of genetic diseases.
Global Carrier Screening Market Segmentation:
The Global Carrier Screening Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Product & Service
-Services- Market Size & Forecast 2019-2030, (USD Million)
-Products- Market Size & Forecast 2019-2030, (USD Million)
By Type
-Expanded Carrier Screening- Market Size & Forecast 2019-2030, (USD Million)
-Predesigned Panel Testing- Market Size & Forecast 2019-2030, (USD Million)
-Customized Panel Testing- Market Size & Forecast 2019-2030, (USD Million)
-Targeted Disease Carrier Screening- Market Size & Forecast 2019-2030, (USD Million)
By Medical Condition
-Pulmonary Conditions- Market Size & Forecast 2019-2030, (USD Million)
-Hematological Conditions- Market Size & Forecast 2019-2030, (USD Million)
-Neurological Conditions- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
By Technology
-DNA Sequencing- Market Size & Forecast 2019-2030, (USD Million)
-PCR- Market Size & Forecast 2019-2030, (USD Million)
-DNA Microarrays- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million)
By End-User
-Hospitals & Medical Centers- Market Size & Forecast 2019-2030, (USD Million)
-Clinical Laboratories- Market Size & Forecast 2019-2030, (USD Million)
-Fertility Clinics- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million).
Geographical Analysis into the Global Carrier Screening Market:
· North America
· South America
· Europe
· The Middle East & Africa
· Asia-Pacific
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/carrier-screening-market.html
Competitive Landscape and Global Carrier Screening Market Share Analysis:
The competitive landscape of the Global Carrier Screening Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Natera, Inc., Quest Diagnostics Incorporated, Fulgent Genetics, Invitae Corporation, Eurofins Scientific, Opko Health, Inc., Thermo Fisher Scientific Inc., Myriad Genetics, Inc., Illumina, Inc., Centogene N.V., Diasorin S.P.A., Otogenetics, Genetech, Laboratory Corporation of America Holdings, and others.
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
· What factors are driving the Global Carrier Screening Market growth?
· How is the Global Carrier Screening Market expected to grow over the next five years?
· What are the key insights into the current trends in the Global Carrier Screening Market?
· What is the current size of the Global Carrier Screening Market, and how is it projected to change in the future?
· What is the future outlook for the Global Carrier Screening Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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