CARRIER SCREENING MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)


Carrier Screening Market Analysis:

The projected growth of the Carrier Screening Market is anticipated to be substantial, with an increase from USD 4.67 billion in 2023 to USD 7.37 billion by 2028, representing a Compound Annual Growth Rate (CAGR) of 9.53% during the forecast period (2023–2028).

The COVID-19 pandemic has had a significant impact on the market’s growth. The implementation of worldwide lockdowns resulted in limitations in the development of the global carrier screening market, as there was a decrease in the number of patients seeking genetic counseling. A study published in Prenatal Diagnosis in July 2021 revealed that the pandemic influenced the decisions of pregnant women regarding prenatal genetic testing. The access to and utilization of prenatal genetic tests were affected by the pandemic. However, there was an increase in genetic testing for COVID-19 diagnosis. The relaxation of restrictions in the post-pandemic period has contributed to the growth of the market. A study published in the European Journal of Human Genetics in November 2022 indicated a significant increase in the willingness to undergo genetic testing between 2020 and 2022. Therefore, it is expected that the market will continue to grow throughout the forecast period.

The growth of the carrier screening market can be attributed to several significant factors. There is an increasing emphasis on early detection and prevention of diseases, which drives the demand for screening tests. Additionally, the application of screening tests in genetic disorders is expected to expand during the forecast period. For example, data updated by the Centers for Disease Control and Prevention (CDC) in May 2022 revealed that sickle cell disease affects millions of individuals worldwide, particularly those with ancestors from sub-Saharan Africa, Spanish-speaking regions such as South America, the Caribbean, and Central America, as well as Saudi Arabia, India, and Mediterranean countries.

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