Hereditary Testing Market Share, Size, Trends, Industry Analysis Report, By Disease Type (Hereditary Cancer Testing and Hereditary Non-Cancer Testing); By Technology; By Region; Segment Forecast, 2023 - 2032

Hereditary Testing Market Share, Size, Trends, Industry Analysis Report, By Disease Type (Hereditary Cancer Testing and Hereditary Non-Cancer Testing); By Technology; By Region; Segment Forecast, 2023 - 2032

The global hereditary testing market size is expected to reach USD 13.03 billion by 2032, according to a new study by Polaris Market Research. The report “Hereditary Testing Market Share, Size, Trends, Industry Analysis Report, By Disease Type (Hereditary Cancer Testing and Hereditary Non-Cancer Testing); By Technology; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into the current market dynamics and provides analysis on future market growth.

The hereditary testing market has experienced significant growth due to various factors. The increasing prevalence of hereditary disorders, rising awareness about the importance of early disease detection, and advancements in genetic testing technologies have contributed to the expansion of this market. Hereditary testing is crucial in identifying genetic mutations and abnormalities, enabling early intervention, personalized treatments, and informed decision-making for patients and their families.

Moreover, there has been a notable focus on women's healthcare and reproductive genetic health in the hereditary testing market. Companies are developing and offering specialized tests for women's health, such as carrier screening and prenatal testing, to assess the risk of hereditary conditions during pregnancy and enable informed choices.

However, the COVID-19 pandemic has presented challenges to the hereditary testing market. Disruptions in healthcare services, including limitations on in-person consultations and laboratory operations, have impacted the market's growth. Nevertheless, the market has shown resilience with adopting telemedicine and recognizing the importance of prenatal testing in maintaining the demand for hereditary testing services. As the understanding of genetics advances and technology continues to evolve, the hereditary testing market is expected to expand further in the coming years.

Hereditary Testing Market Report Highlights

The hereditary non-cancer testing segment dominated the market in 2022 and is projected to grow significantly. Major players are strategically targeting breast cancer genetic testing for revenue generation.

The molecular testing segment emerged as the market leader in 2022 and is expected to maintain strong growth due to increased adoption and strategic initiatives by market players.

Europe is projected to hold the largest revenue market share in 2022 and maintain dominance due to major genetic testing companies, widespread use of advanced therapies, and government regulations promoting hereditary testing.

The global key market players AL-KO KOBER GROUP, Andreas Stihl AG & Company KG, Ariens Company, Briggs & Stratton, CHEVRON (China) Trading Co., Ltd., Deere & Company, Emak S.p.A., Excel Industries, Inc., HONDA, Husqvarna, Makita Corp, MTD Holdings Inc., Robert Bosch, Schiller Ground Care, Stanley Black & Decker, STIHL Group, Techtronic Industries, The Toro Company (US), and Yamabiko Corp.

Polaris Market Research has segmented the Hereditary Testing market report based on disease type, technology, and region:

Hereditary Testing, Disease Type Outlook (Revenue - USD Billion, 2019 - 2032)

Hereditary Cancer Testing

Lung Cancer

Breast Cancer

Colorectal Cancer

Cervical Cancer

Ovarian Cancer

Prostate Cancer

Stomach/Gastric Cancer

Melanoma

Sarcoma

Uterine Cancer

Pancreatic Cancer

Others

Hereditary Non-Cancer Testing

Genetic Tests

Cardiac Diseases

Rare Diseases

Other Diseases

Newborn Genetic Screening

Preimplantation Genetic Diagnosis & Screening

Non-invasive Prenatal Testing (NIPT) & Carrier Screening Tests

Hereditary Testing, Technology Outlook (Revenue - USD Billion, 2019 - 2032)

Cytogenetic

Biochemical

Molecular Testing

Hereditary Testing, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa