What is the market size of genetic testing | Key Players & Strategic Developments 2025

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Code: MTA10682

Publication Date: Nov 2025

What is the size of Genetic Testing Market?

According to 6Wresearch internal database and industry insights, the Global Genetic Testing Market was valued at USD 18 Billion in 2024 and is expected to reach USD 28.32 Billion by 2031, growing at a compound annual growth rate of 5.30% during the forecast period (2025-2031).

There are numbers of factors which are contributing in the expansion of the market include increasing awareness about personalized medicine, rising prevalence of hereditary disorders, growing demand for early disease detection, and advancements in genetic sequencing technologies. Supportive government policies for genomics research and the integration of AI in genetic analysis are further fueling market growth.

Key Growth Drivers of the Genetic Testing Market

Rising demand for early diagnosis of genetic disorders
Increasing awareness of precision and personalized medicine
Technological advancements in next-generation sequencing
Growing application in oncology, prenatal testing, and pharmacogenomics
Expanding use of direct-to-consumer genetic testing services
Rising partnerships between biotech companies and research institutions

Genetic Testing Market Trends

Genetic Testing Market is witnessing strong growth with trends emphasizing automation and accuracy in genetic analysis. More people are using next-generation sequencing and whole-genome analysis, which makes testing faster and cheaper. Personalized medicine is becoming more popular due to it lets doctors make treatment plans based on a person genetic profile. People with family histories of disease are also asking for predictive and carrier testing at a much higher rate. Additionally, healthcare providers are using genetic data in their daily work, which makes it easier to manage patients and provide preventive care.

Emerging Developments in the Genetic Testing Market

Genetic Testing Market is evolving with innovations in multi-gene panel testing and AI-driven interpretation platforms. Companies are investing heavily in developing portable and at-home testing kits for accessibility. Advancements in bioinformatics are enhancing the accuracy of variant interpretation. Additionally, collaborations between diagnostics companies and pharmaceutical firms are fostering the development of targeted therapies. The expansion of tele-genetics services is improving access to genetic counseling. Increased R&D in rare disease testing and epigenetic profiling is also contributing to the market advancement.