Global Carrier Screening Market Insights Report Overview
According to the latest market study by MarkNtel Advisors titled “Global Carrier Screening Market Size, Share, Trends, Growth, Opportunity Analysis 2024-2030” presents a thorough examination of market drivers, opportunities and challenges.
Utilizing a quantitative approach, it offers precise insights into market size, share, and growth. Crafted by industry experts, the report delves into consumption patterns, geographical analysis, and competitive landscapes. Its objective is to furnish valuable insights for clients seeking to comprehend and leverage market dynamics. With a dual focus on historical achievements and future projections, it furnishes a nuanced understanding of the market terrain.
Global Carrier Screening Market Insight:
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 Challenge:
High Cost of Carrier Screening to Impede Market Growth – The considerable expense associated with carrier screening poses a notable barrier to the growth & expansion of the industry. The steep costs involved may restrict the accessibility of carrier screening services for those with constrained financial resources. Consequently, this can lead to disparities in healthcare, wherein only those with the financial capacity to undergo testing can reap its benefits, thus perpetuating inequalities in access. Likewise, the considerable expense associated with carrier screening might result in diminished acceptance rates, as people and couples might be discouraged by the financial strain of undergoing the procedure. This could influence the general utilization of carrier screening services.
Competitor Insight: Carrier Screening Market
This report focuses on major market participants like:
- 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
- Others
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Segmentation Summary: Carrier Screening Market
This segmentation analysis outlines prominent sections in the report’s table of contents. Each segment undergoes thorough analysis, including sub-segments, to showcase both current and historical market sizes. The analysis underscores investment opportunities for rapid growth, particularly in the Carrier Screening Market, with notable highlighting on:
-By Medical Condition
- Hematologic Conditions
- Pulmonary Conditions
- Neurological Conditions
- Others
Among all, the hematologic conditions segment holds a major share of the market and is projected to experience substantial market expansion during the forecast period as well. This growth is attributed to the escalating prevalence of thalassemia worldwide, a genetic disorder impacting the production of hemoglobin and resulting in anemia. Carrier screening plays a crucial role in detecting individuals harboring mutations linked to thalassemia, particularly within populations exhibiting a heightened prevalence of these mutations. Moreover, the incidence of particular hematologic disorders within a population could significantly contribute to the demand for carrier screening targeting these conditions.
-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)
- Targeted Disease Carrier Screening- 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)
Carrier Screening Market Geographical Reach:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Key Questions Addressed:
- Factors Driving Market Growth: Understand the primary drivers propelling the Carrier Screening market forward.
- Access to Reliable Reports: Learn where to access dependable market reports for informed decision-making.
- Growth Projections: Gain insights into anticipated growth projections for the coming years.
- Geographical Hotspots: Identify geographical poised for significant market growth soon.
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