Genotyping Market to Grow with a CAGR of 8.74% through 2030
Research and development in healthcare and
biotechnology are expected to drive the Global Genotyping Market growth in the
forecast period, 2026-2030.
According to TechSci Research report, “Genotyping Market
– Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2030F”, the Global Genotyping Market stood at USD 16.25 billion in 2024 and is anticipated to grow with a CAGR of 8.74% in the
forecast period, 2026-2030. This can be attributed to big data and
bioinformatics. The genotyping market's growth is intrinsically linked to the
handling and analysis of vast amounts of genetic data. The development of
bioinformatics tools and data analytics platforms has made it possible to
process, interpret, and derive meaningful insights from these extensive
datasets. As these tools continue to improve, genotyping becomes more valuable
for research and clinical applications.
Moreover, genotyping is increasingly applied in
prenatal and newborn care. Early genetic screening and diagnosis are becoming
more accurate and accessible, allowing for the identification of genetic
disorders and conditions in fetuses and newborns. This trend has implications
for early intervention and improved patient outcomes.
The global genotyping market is experiencing significant growth, driven by increasing demand for genetic testing across various applications, including personalized medicine, disease research, and agriculture. The market is witnessing rapid advancements in technology, which are making genetic analysis more accurate, efficient, and accessible. Reagents and kits, essential for the extraction, amplification, and analysis of genetic material, are at the forefront of this growth. The rising prevalence of genetic disorders, coupled with the growing emphasis on precision medicine and tailored healthcare solutions, is fueling the demand for genotyping products. Additionally, the ongoing research and development efforts in genomics, along with the increasing adoption of genetic testing in clinical and research settings, are further driving the expansion of the genotyping market worldwide.
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The Global Genotyping Market is segmented into product, technology, application, end use, regional distribution, and company.
Based on product, The reagents and kits category is expected to show the fastest growth in the global genotyping market over the forecast period. This growth can be attributed to the increasing demand for genetic testing in various fields, including personalized medicine, disease prevention, and agriculture. Reagents and kits are essential components in genotyping procedures, facilitating the extraction, amplification, and analysis of genetic material. As advancements in technology make genetic testing more accessible and affordable, the need for high-quality reagents and kits continues to rise. Additionally, the growing trend of research and development in genomics, along with the increasing adoption of precision medicine, is driving demand for these products. As a result, the reagents and kits segment is poised for significant growth in the coming years.
The Asia Pacific (APAC) region is showing significant growth in the global genotyping market. This growth can be attributed to several factors, including the increasing prevalence of genetic disorders, rising awareness about personalized medicine, and the expanding healthcare infrastructure in countries like China, India, and Japan. The growing adoption of advanced technologies in genomics, coupled with increased investments in research and development, is further driving the demand for genotyping services and products, including reagents and kits. Moreover, the rise of biotechnology and pharmaceutical industries in the region, along with government initiatives to improve healthcare access, is contributing to the market’s rapid expansion. As a result, the APAC region is becoming a key player in the global genotyping market.
Major companies operating in Global Genotyping Market
are:
- Thermo Fisher Scientific Inc.
- Illumina Inc.
- QIAGEN N.V.
- F Hoffmann-La Roche AG
- Danaher Corporation
- Agilent Technologies, Inc.
- Eurofins Scientific Inc.
- GE HealthCare
- Bio-Rad Laboratories Inc.
- Standard BioTools™
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“The global genotyping market is at the forefront of
innovation, and the upcoming trends are poised to revolutionize the field. The
integration of multi-omics approaches, the rise of single-cell genotyping,
genome editing technologies, epigenomics, and pharmacogenomics expansion are
reshaping how we use genetic data. Additionally, the application of AI in data
analysis, the extension into metagenomics and microbiome research, prenatal and
newborn genotyping, and environmental genotyping are opening new frontiers for
genotyping technology. These trends offer opportunities for advancements in
personalized medicine, disease research, and environmental conservation, making
the genotyping market a dynamic and influential force in the field of genomics.
Researchers, healthcare professionals, and industries must adapt to these
trends to harness the full potential of genotyping technology and its
contributions to science and healthcare,” said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based management consulting firm.
“Genotyping Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Instruments, Reagents & Kits, Software and Services), By Technology (PCR, Capillary Electrophoresis, Microarrays, Sequencing, Mass Spectrometry, Others), By Application (Pharmacogenomics, Diagnostics and Personalized Medicine, Agricultural Biotechnology, Animal Genetics, Others), By End Use (Pharmaceutical and Biopharmaceutical Companies, Diagnostics and Research Laboratories, Academic Institutes, Others), By Region, and By Competition 2020-2030F”, has evaluated the future growth potential of Global
Genotyping Market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Global Genotyping Market.
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