U.S. Carrier Screening Market on the basis of Type (Expanded Carrier Screening and Targeted Disease Carrier Screening), Technology (DNA Sequencing, Polymerase Chain Reaction, Microarrays and Others) and End User (Hospitals & Clinics, Reference Laboratories, Physician Offices and Others) Forecast up to 2023 - 2028
.The U.S. Carrier Screening Market is projected to grow at a rate of 14.1% CAGR by 2028.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
14
REPORT DESCRIPTION
Carrier screening is generally performed for inherited diseases in which both parents must be carriers as to have an affected child. Carrier screening finds out whether or not an individual carries a change in one of their genes and if they are at high risk of having a child affected with an inherited disease. Everyone pass on abnormal genes, and in common, carriers have no symptoms or signs of the disease they carry. The increase in the occurrence of inherited and chromosomal diseases such as fragile x syndrome, alpha thalassemia, spinal muscular atrophy, cystic fibrosis, and several others and the increase in technological advancement for the development of the advanced carrier screening kits and devices fuels the growth of the U.S. carrier screening market. On the other hand, the limited skilled professionals and dearth of standard guidelines for carrier screening are the factors restraining the U.S. Carrier Screening market growth. The U.S. Carrier Screening Market is projected to grow at a rate of 14.1% CAGR by 2028.
The U.S. Carrier Screening Market has been segmented as below:
U.S. Carrier Screening Market on the basis of Type
U.S. Carrier Screening Market on the basis of Technology
U.S. Carrier Screening Market on the basis of End User
On the basis of type, the U.S. Carrier Screening market is divided into Expanded Carrier Screening and Targeted Disease Carrier Screening. The expanded carrier screening is likely to hold the maximum share in the market growth. The expanded carrier screening is further divided into Customized Panel Testing and Predesigned Panel Testing. Since, the ECS is the rising carrier screening type as it considers a wide technique by screening for various genetic disorders regardless of ethnic background. Companies in the market are indulging in strategic initiatives such as product development to increase their market share.
In the market based on technology, the U.S. Carrier Screening market is segmented into Polymerase Chain Reaction, Microarrays DNA Sequencing, and Others. DNA Sequencing segment holds the highest share in the market. This is owing to the advantages of the DNA Sequencing such as precise accuracy is one of the key factors which define the usefulness of a genetic carrier testing workflow in a clinical laboratory fuels the growth of the market. Moreover, various prenatal diagnostics clinics integrate sequencing technology in the carrier screening tests due to their advantages.
Based on the End User, the U.S. Carrier Screening market is categorized into Hospitals & Clinics, Reference Laboratories, Physician Offices and Others. The Hospitals & Clinics segment holds the substantial share of the Carrier Screening market. This is due to the developing healthcare facilities; facilities for medical and surgical treatment as well as nursing care to patients, physical rehabilitation post surgeries, and the availability of advanced equipment are the major aspects which accelerate the growth of the market in the forecasted years.
Apart from this, the surge in the increasing demand for the early detection of genetic disorders among the population and broad access to advanced screening techniques accelerates the growth of the U.S market. The rise of the U.S. carrier screening market is projected to be driven by the increase in awareness regarding the prominence of early detection of genetic disorders, and a surge in the demand for tele consultancy services. In addition, the rise in the number of R&D activities in the area of carrier screening kits or medical devices improved healthcare services, and extensive investments by the government to enhance healthcare infrastructure has become significant tool for small and large businesses which fuel the growth of the market.
Key players operating in the market include Myriad Genetics Inc., Thermo Fisher Scientific Inc., PerkinElmer Inc., Fulgent Genetics Inc., Quest Diagnostics Incorporated, Invitae Corporation, Illumina Inc., Natera Inc., LabCorp, and Sema4.
Genetic disease is the major cause of infant death in the United States, accounting for around 20% of annual infant mortality. Therefore, the wide implementation of screening programs has majorly reduced the incidence of genetic Disease in the country among infants.
1. Executive Summary
2. Industry Outlook
2.1. Industry Overview
2.2. Industry Trends
3. Market Snapshot
3.1. Market Definition
3.2. Market Outlook
3.2.1. Porter Five Forces
3.3. Related Markets
4. Market characteristics
4.1. Market Overview
4.2. Market Segmentation
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. DRO - Impact Analysis
5. Product: Market Size & Analysis
5.1. Overview
5.2. Expanded Carrier Screening
5.2.1. Customized Panel Testing
5.2.2. Predesigned Panel Testing
5.3. Targeted Disease Carrier Screening
6. Technology: Market Size & Analysis
6.1. Overview
6.2. DNA Sequencing
6.3. Polymerase Chain Reaction
6.4. Microarrays
6.5. Others
7. End User: Market Size & Analysis
7.1. Overview
7.2. Hospitals & Clinics
7.3. Reference Laboratories
7.4. Physician Offices
7.5. Others
8. Competitive Landscape
8.1. Competitor Comparison Analysis
8.2. Market Developments
8.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships
8.2.2. Product Launches and execution
9. Vendor Profiles
9.1. Myriad Genetics Inc.
9.1.1. Overview
9.1.2. Financial Overview
9.1.3. Product Offerings
9.1.4. Developments
9.1.5. Business Strategy
9.2. Thermo Fisher Scientific Inc.
9.2.1. Overview
9.2.2. Financial Overview
9.2.3. Product Offerings
9.2.4. Developments
9.2.5. Business Strategy
9.3. PerkinElmer Inc.
9.3.1. Overview
9.3.2. Financial Overview
9.3.3. Product Offerings
9.3.4. Developments
9.3.5. Business Strategy
9.4. Fulgent Genetics Inc.
9.4.1. Overview
9.4.2. Financial Overview
9.4.3. Product Offerings
9.4.4. Developments
9.4.5. Business Strategy
9.5. Quest Diagnostics Incorporated
9.5.1. Overview
9.5.2. Financial Overview
9.5.3. Product Offerings
9.5.4. Developments
9.5.5. Business Strategy
9.6. Invitae Corporation
9.6.1. Overview
9.6.2. Financial Overview
9.6.3. Product Offerings
9.6.4. Developments
9.6.5. Business Strategy
9.7. Illumina Inc.
9.7.1. Overview
9.7.2. Financial Overview
9.7.3. Product Offerings
9.7.4. Developments
9.7.5. Business Strategy
9.8. Natera Inc.
9.8.1. Overview
9.8.2. Financial Overview
9.8.3. Product Offerings
9.8.4. Developments
9.8.5. Business Strategy
9.9. LabCorp
9.9.1. Overview
9.9.2. Financial Overview
9.9.3. Product Offerings
9.9.4. Developments
9.9.5. Business Strategy
9.10. Sema4
9.10.1. Overview
9.10.2. Financial Overview
9.10.3. Product Offerings
9.10.4. Developments
9.10.5. Business Strategy
10. Analyst Opinion
11. Annexure
11.1. Report Scope
11.2. Market Definitions
11.3. Research Methodology
11.3.1. Data Collation and In-house Estimation
11.3.2. Market Triangulation
11.3.3. Forecasting
11.4. Report Assumptions
11.5. Declarations
11.6. Stakeholders
11.7. Abbreviations
The U.S. Carrier Screening Market has been segmented as below:
U.S. Carrier Screening Market on the basis of Type
U.S. Carrier Screening Market on the basis of Technology
U.S. Carrier Screening Market on the basis of End User
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