Portland, OR, Nov. 02, 2021 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the global carrier screening market was accounted for at $1.37 billion in 2020, and is expected to reach $4.00 billion by 2030, growing at a CAGR of 11.5% from 2021 to 2030.
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Emphasis on early disease detection and prevention and technological advancements drive the growth of the global carrier screening market. However, lack of standard guidelines for carrier screening hinders the market growth. On the contrary, growing awareness of carrier screening would open new opportunities for the market players in the future.
Covid-19 scenario:
- The Covid-19 outbreak encouraged pharmaceutical and biotechnology companies to join forces to develop vaccines and address the issues of medicine supply chain.
- The increased demand for management of Covid-19 increased the opportunities for carrier screen market.
The report segments the global carrier screening market on the basis of type, technology, end user, and region.
Based on type, the expanded carrier screening segment held the largest share in 2020, accounting for nearly two-thirds of the market. Moreover, the segment is expected to manifest the highest CAGR of 12.4% from 2021 to 2030. The report includes an analysis of the targeted disease carrier screening segments.
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On the basis of technology, the DNA sequencing segment dominated the market in terms of revenue in 2020, contributing to nearly half of the market. However, the polymerase chain reaction segment is expected to register the highest CAGR of 12.5% during the forecast period.
The global carrier screening market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the largest share in 2020, accounting for more than one-third of the market. However, the market across Asia-Pacific is expected to register the highest CAGR of 13.8% during the forecast period.
The global carrier screening market report includes an in-depth analysis of the prime market players such as Invitae, OPKO Health, Fulgent Genetics, Myriad Genetics, Sema4, Illumina, Eurofins Scientific, Thermo Fisher Scientific, and Quest Diagnostics.
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“We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.”
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
