What is Carrier Screening Market?
Carrier screening is a type of genetic test used to determine if a healthy person is a carrier of a recessive genetic disease. These persons display no symptoms of a genetic disorder but may be at risk of passing it on to their children. Carrier screening test provides life-lasting information about an individual's reproductive risk and their chances of having a child with a genetic disease. There are two types of this test including molecular testing and biochemical testing. Molecular testing analyzes the DNA-genetic code and biochemical testing measures enzyme activity.
Highlights from Carrier Screening Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Abbott Laboratories (United States), Roche Holding AG (Switzerland), Thermo Fisher Scientific (United States), 23andMe (United States), Danaher Corporation (United States), QIAGEN (Germany), Illumina, Inc. (United States), Luminex Corporation (United States), LabCorp (United States), Myriad Genetics, Inc. (United States) and Autogenomics (United States) |
Manufacturers focus on technological advancements to streamline the carrier screening process. This can include automation of laboratory processes, integration with electronic medical record systems, and efficient sample collection methods. Utilize cutting-edge technologies to improve turnaround time, reduce costs, and enhance the overall user experience. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Carrier Screening market throughout the forecasted period.
Abbott Laboratories (United States), Roche Holding AG (Switzerland), Thermo Fisher Scientific (United States), 23andMe (United States), Danaher Corporation (United States), QIAGEN (Germany), Illumina, Inc. (United States), Luminex Corporation (United States), LabCorp (United States), Myriad Genetics, Inc. (United States) and Autogenomics (United States) are some of the key players profiled in the study. Carrier Screening Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Hospitals, Clinics and Ambulatory Surgical Centers |
Type | Molecular Screening Test and Biochemical Screening Test |
Medical Conditions | Fragile x syndrome,Spinal muscular atrophy,Alpha thalassemia,Cystic fibrosis |
Solution | Service,Product |
On the basis of geography, the market of Carrier Screening has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Focus on Preventive Healthcare
Market Growth Drivers:
Increased Prevalence of Genetic Disorders and Technological Advancements in the Medical Science
Challenges:
Lack of Skilled Professionals
Restraints:
Stringent Regulations for the Approval of Carrier Screening Tests
Opportunities:
Growing Healthcare Infrastructure in Developing Regions, Increasing Number of Hospitals and Clinics and Rising Awareness among People about Healthy Lifestyle
Key Target Audience
Carrier Screening Testing Providers, Emerging Companies, Research Professionals, End-users and Others
Market Leaders & Development Strategies
In February 2019, Roche and Spark Therapeutics, Inc. announced that they have entered into a definitive merger agreement for Roche to fully acquire Spark Therapeutics. Spark Therapeutics is a leader in discovering, developing, and delivering gene therapies with one commercial asset and four programs currently in clinical trials.
In August 2022, QIAGEN announced the expansion of its next-generation sequencing (NGS) portfolio with the launch of QIAseq Targeted DNA Pro Panels and the QIAseq UPXome RNA Library Kit, both of which set new standards in preparing samples for determining their nucleic acid sequences.