How Big is the Genetic Testing Market | Growth Insights & Size 2025

Q: How big is the genetic testing market?

The genetic testing market was estimated at USD 18 billion in 2024 and is projected to reach USD 28.32 billion by 2031

Q: What is the growth rate of the genetic testing market?

The genetic testing market is projected to grow at a CAGR of 5.81% from 2025 to 2031.

Q: What are the main drivers of market growth?

Growth is driven by rising awareness, increasing genetic disease cases, and advances in personalized medicine.

Q: Who are the major players in the market?

Key players include 23andMe, Invitae, Myriad Genetics, Roche, and Illumina.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA6351

Publication Date: Jul 2025

What is the size of Genetic Testing Market?

According to 6Wresearch internal database and industry insights, Global Genetic Testing Market was estimated atUSD 18 billion in 2024 and is projected to reachUSD 28.32 billion by 2031, growing at aCAGR of 5.81% during the forecast period 2025â€“2031.

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Due to increasing awareness of genetic disorders, advancements in testing technologies, and rising demand for personalized medicine and early disease detection, the genetic testing market is predicted for exceptional growth in the forthcoming years.

Key Growth Drivers of the Genetic Testing Market

Rising prevalence of genetic and hereditary diseases
Increasing use of genetic testing in prenatal and newborn screening
Growing adoption of personalized medicine and targeted therapies
Technological advancements in non-invasive and rapid testing methods
Government initiatives and healthcare investments in genomics

Genetic Testing Market Trends

Genetic testing market is accelerating with strong trends such as increasing demand for direct-to-consumer (DTC) genetic tests for ancestry and health insights. Also, the expansion of next-generation sequencing (NGS) has enabled more accurate and affordable testing. This market is integrated with artificial intelligence is improving genetic data interpretation. The interest is growing in pharmacogenomics is driving testing for drug compatibility. Market is seeing rise in telehealth-based genetic counselling and remote sample collection.

Emerging Developments in the Genetic Testing Market

Innovations are bringing developments in genetic testing market which include liquid biopsy and cell-free DNA testing for early cancer detection and expanded carrier screening for inherited conditions. Aside from these, whole genome and exome sequencing are becoming more accessible for clinical use. Startups are developing at-home genetic testing kits with faster turnaround. Companies are investing in blockchain-based platforms for secure genetic data sharing. Further, AI-powered risk assessment tools are supporting predictive health modelling.