Press release
Shaping the DNA Testing Market in 2025: Advancements In Precancer Detection DNA Tests
How Big Is the DNA Testing Market Expected to Be, and What Will Its Growth Rate Be?
The market size of DNA testing has experienced rapid growth recently. Its expansion will continue from a value of $17.9 billion in 2024 and will increase to $20.08 billion by the end of 2025, reflecting a compound annual growth rate (CAGR) of 12.2%. This growth during the historical period can be linked to several factors, including the escalating prevalence of chronic health conditions, an increase in the need for precision medicine, a surge in direct-to-consumer (DTC) testing, rising demand for population genomics, an increase in forensic investigations, and the growing interest in genetic screening.
The market for DNA testing is anticipated to experience a quick expansion in the coming years, reaching a value of $31.38 billion by 2029, with a compound annual growth rate of 11.8%. This boost during the forecasting period is related to the increasing frequency of genetic disorders, a wider application of DNA diagnostics, an improved healthcare infrastructure, an increased consciousness about preventing diseases, a surge in manufacturer investment, and a higher rate of companion diagnostics usage. Key trends for the forecast period are next-generation sequencing (NGS), polymerase chain reaction (PCR), preimplantation genetic diagnosis (PGD) within assisted reproductive technologies, miniaturizing testing apparatus, new DNA testing offerings, and the development of new assays, biomarkers, diagnostic instruments, point-of-care testing and non-invasive prenatal testing (NIPT).
What Are the Main Catalysts for Growth in the DNA Testing Market?
The escalating occurrence rate of genetic conditions is anticipated to fuel the expansion of the DNA testing market. Genetic conditions are diseases triggered by anomalies in a person's DNA, resulting in physical or developmental irregularities. The growing occurrence of such disorders is attributed to an augmented awareness, enhanced diagnostic methods, broadened genetic screening, and a growing trend of marriages between close relatives in some communities. DNA testing is increasingly being used in diagnosing, predicting, and establishing treatment plans for individuals with genetic disorders, facilitating personalized healthcare and family planning approaches that take into account a person's genetic composition. As an illustration, the World Health Organization, a Swiss-based specialist agency of the United Nations in charge of global public health, declared in February 2023 that congenital ailments accounted for around 240,000 infant deaths worldwide within the first 28 days after birth each year. Furthermore, according to the US government agency the Centers for Disease Control and Prevention, approximately 6,000 infants are born with Down syndrome in the United States alone every year, equating to about 1 in every 700 babies. Hence, the growing incidence of genetic conditions is propelling the DNA testing market.
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Who Are the Dominant Companies Influencing DNA Testing Market Trends?
Major companies operating in the DNA testing market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers GmbH, Becton, Dickinson and Company, GE HealthCare Technologies Inc., Laboratory Corporation of America Holdings (LabCorp), Quest Diagnostics Incorporated, Eurofins Scientific SE, Agilent Technologies, Illumina Inc., PerkinElmer Inc., bioMérieux SA, Beckman Coulter Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Natera Inc., Myriad Genetics Inc., BGI Genomics Co. Ltd., Cepheid, NeoGenomics Laboratories Inc., Ancestry.com LLC, 23andMe Holding Co, Ambry Genetics Corporation, MyHeritage Ltd., Biocartis SA, CENTOGENE N.V., Everlywell Inc., Atlas Biomed Group Limited, Veritas Genetics
How Is the DNA Testing Market Evolving?
Key players in the DNA testing market are concentrating their efforts on the creation of advanced testing options such as precancer detection DNA examinations, which aid in the early identification and treatment of cancer. These precancer detection tests are diagnostic assays constructed to spot genetic changes or markers linked to the early stages of cancer formation. For example, in November 2023, Lucid Diagnostics Inc., a medical diagnostics enterprise based in the US that focuses on preventing esophageal cancer, released a new version of the EsoGuard Esophageal DNA Test, called EsoGuard 2.0. This latest esophageal DNA examination uses molecular methods and augmenting sample DNA outputs to boost assay effectiveness and decrease expenses. The testing procedure encompasses the gathering of DNA from esophageal cells using the EsoCheck Cell Collection Device, followed by bisulfite conversion, PCR (polymerase chain reaction) magnification, and next-generation sequencing to tag the methylation on particular genes correlated with precancerous and cancerous esophageal conditions. The test yields results that denote the presence or absence of epigenetic alterations in line with esophageal precancer and cancer, making it a critical DNA testing instrument for cancer prevention and early detection.
What Are the Different Segmentations in the DNA Testing Market?
The DNA testing market covered in this report is segmented -
1) By Product Type: Equipment, Consumables, Software And Services
2) By Technology: Polymerase Chain Reaction (PCR) Based, In-Situ Hybridization, Microarray, Next-Generation Sequencing (NGS) DNA Diagnosis
3) By Application: Newborn DNA Screening, Pre-Natal DNA Carrier Screening, Oncology Diagnostics And Histopathology, Pre-implantation Diagnosis, Infectious Disease Diagnostics, Pharmacogenomics Diagnostic Testing, Identify Diagnostics And Forensic, Other Applications
Subsegments:
1) By Equipment: DNA Analyzers, PCR (Polymerase Chain Reaction) Machines, Sequencers, Electrophoresis Systems, Other DNA Testing Instruments
2) By Consumables: Reagents And Kits, PCR Consumables (Primers, Probes), DNA Extraction Kits, Sample Collection Devices, Others (DNA Markers, Electrophoresis Gels)
3) By Software: Data Analysis Software, Laboratory Information Management System (LIMS), Genetic Analysis Software, Bioinformatics Software, Other DNA Testing Software Solutions
4) By Services: Testing Services (Genetic Testing, Forensic Testing, Etc.), Data Interpretation Services, Consultation Services (Genetic Counseling), Laboratory Services (Sample Processing, DNA Sequencing Services), Other DNA Testing Services
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/dna-testing-global-market-report
Which Region Is at the Forefront of the DNA Testing Market?
North America was the largest region in the DNA testing market in 2024. The regions covered in the DNA testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The DNA Testing Global Market Report?
- Market Size Analysis: Analyze the DNA Testing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the DNA Testing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall DNA Testing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the DNA Testing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15358
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
The market size of DNA testing has experienced rapid growth recently. Its expansion will continue from a value of $17.9 billion in 2024 and will increase to $20.08 billion by the end of 2025, reflecting a compound annual growth rate (CAGR) of 12.2%. This growth during the historical period can be linked to several factors, including the escalating prevalence of chronic health conditions, an increase in the need for precision medicine, a surge in direct-to-consumer (DTC) testing, rising demand for population genomics, an increase in forensic investigations, and the growing interest in genetic screening.
The market for DNA testing is anticipated to experience a quick expansion in the coming years, reaching a value of $31.38 billion by 2029, with a compound annual growth rate of 11.8%. This boost during the forecasting period is related to the increasing frequency of genetic disorders, a wider application of DNA diagnostics, an improved healthcare infrastructure, an increased consciousness about preventing diseases, a surge in manufacturer investment, and a higher rate of companion diagnostics usage. Key trends for the forecast period are next-generation sequencing (NGS), polymerase chain reaction (PCR), preimplantation genetic diagnosis (PGD) within assisted reproductive technologies, miniaturizing testing apparatus, new DNA testing offerings, and the development of new assays, biomarkers, diagnostic instruments, point-of-care testing and non-invasive prenatal testing (NIPT).
What Are the Main Catalysts for Growth in the DNA Testing Market?
The escalating occurrence rate of genetic conditions is anticipated to fuel the expansion of the DNA testing market. Genetic conditions are diseases triggered by anomalies in a person's DNA, resulting in physical or developmental irregularities. The growing occurrence of such disorders is attributed to an augmented awareness, enhanced diagnostic methods, broadened genetic screening, and a growing trend of marriages between close relatives in some communities. DNA testing is increasingly being used in diagnosing, predicting, and establishing treatment plans for individuals with genetic disorders, facilitating personalized healthcare and family planning approaches that take into account a person's genetic composition. As an illustration, the World Health Organization, a Swiss-based specialist agency of the United Nations in charge of global public health, declared in February 2023 that congenital ailments accounted for around 240,000 infant deaths worldwide within the first 28 days after birth each year. Furthermore, according to the US government agency the Centers for Disease Control and Prevention, approximately 6,000 infants are born with Down syndrome in the United States alone every year, equating to about 1 in every 700 babies. Hence, the growing incidence of genetic conditions is propelling the DNA testing market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15358&type=smp
Who Are the Dominant Companies Influencing DNA Testing Market Trends?
Major companies operating in the DNA testing market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers GmbH, Becton, Dickinson and Company, GE HealthCare Technologies Inc., Laboratory Corporation of America Holdings (LabCorp), Quest Diagnostics Incorporated, Eurofins Scientific SE, Agilent Technologies, Illumina Inc., PerkinElmer Inc., bioMérieux SA, Beckman Coulter Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Natera Inc., Myriad Genetics Inc., BGI Genomics Co. Ltd., Cepheid, NeoGenomics Laboratories Inc., Ancestry.com LLC, 23andMe Holding Co, Ambry Genetics Corporation, MyHeritage Ltd., Biocartis SA, CENTOGENE N.V., Everlywell Inc., Atlas Biomed Group Limited, Veritas Genetics
How Is the DNA Testing Market Evolving?
Key players in the DNA testing market are concentrating their efforts on the creation of advanced testing options such as precancer detection DNA examinations, which aid in the early identification and treatment of cancer. These precancer detection tests are diagnostic assays constructed to spot genetic changes or markers linked to the early stages of cancer formation. For example, in November 2023, Lucid Diagnostics Inc., a medical diagnostics enterprise based in the US that focuses on preventing esophageal cancer, released a new version of the EsoGuard Esophageal DNA Test, called EsoGuard 2.0. This latest esophageal DNA examination uses molecular methods and augmenting sample DNA outputs to boost assay effectiveness and decrease expenses. The testing procedure encompasses the gathering of DNA from esophageal cells using the EsoCheck Cell Collection Device, followed by bisulfite conversion, PCR (polymerase chain reaction) magnification, and next-generation sequencing to tag the methylation on particular genes correlated with precancerous and cancerous esophageal conditions. The test yields results that denote the presence or absence of epigenetic alterations in line with esophageal precancer and cancer, making it a critical DNA testing instrument for cancer prevention and early detection.
What Are the Different Segmentations in the DNA Testing Market?
The DNA testing market covered in this report is segmented -
1) By Product Type: Equipment, Consumables, Software And Services
2) By Technology: Polymerase Chain Reaction (PCR) Based, In-Situ Hybridization, Microarray, Next-Generation Sequencing (NGS) DNA Diagnosis
3) By Application: Newborn DNA Screening, Pre-Natal DNA Carrier Screening, Oncology Diagnostics And Histopathology, Pre-implantation Diagnosis, Infectious Disease Diagnostics, Pharmacogenomics Diagnostic Testing, Identify Diagnostics And Forensic, Other Applications
Subsegments:
1) By Equipment: DNA Analyzers, PCR (Polymerase Chain Reaction) Machines, Sequencers, Electrophoresis Systems, Other DNA Testing Instruments
2) By Consumables: Reagents And Kits, PCR Consumables (Primers, Probes), DNA Extraction Kits, Sample Collection Devices, Others (DNA Markers, Electrophoresis Gels)
3) By Software: Data Analysis Software, Laboratory Information Management System (LIMS), Genetic Analysis Software, Bioinformatics Software, Other DNA Testing Software Solutions
4) By Services: Testing Services (Genetic Testing, Forensic Testing, Etc.), Data Interpretation Services, Consultation Services (Genetic Counseling), Laboratory Services (Sample Processing, DNA Sequencing Services), Other DNA Testing Services
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/dna-testing-global-market-report
Which Region Is at the Forefront of the DNA Testing Market?
North America was the largest region in the DNA testing market in 2024. The regions covered in the DNA testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The DNA Testing Global Market Report?
- Market Size Analysis: Analyze the DNA Testing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the DNA Testing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall DNA Testing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the DNA Testing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15358
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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