Portland, OR, November 02, 2021 (GLOBE NEWSWIRE) – According to the report published by Allied Market Research, the carrier screening market amounted to $ 1.37 billion in 2020 and is expected to reach $ 4.00 billion by 2030, with a CAGR of 11.5% from 2021 to 2030.
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The emphasis on early disease detection and prevention and advancements in technology are driving the growth of the global carrier testing market. However, the lack of standard guidelines for carrier screening is hampering market growth. On the contrary, a growing awareness of carrier screening would open up new opportunities for market players in the future.
- The Covid-19 epidemic has encouraged pharmaceutical and biotech companies to join forces to develop vaccines and solve problems in the drug supply chain.
- The increased demand for managing Covid-19 has increased the opportunities for the carrier display market.
The report segments the global operator screening market on the basis of type, technology, end-user, and region.
On the basis of type, the expanded carrier control segment held the largest share in 2020, accounting for almost two-thirds of the market. In addition, the segment is expected to have the highest CAGR of 12.4% from 2021 to 2030. The report includes an analysis of the target carrier screening segments.
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On the basis of technology, DNA sequencing segment dominated the market in terms of revenue in 2020, contributing almost half of the market. However, the polymerase chain reaction segment should record 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 North American market held the largest share in 2020, accounting for over a third of the market. However, the Asia-Pacific market 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 major 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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âWe have also published some syndicated market research in the same area that you may be interested in. Below is the report title for your reference, given the impact of Covid-19 on this market which will help you assess the aftermath of the pandemic on the short and long term growth trends of this market. “
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Pawan Kumar, CEO of Allied Market Research, leads the organization towards providing high quality data and information. We have professional relationships with various companies, which helps us extract market data which helps us generate accurate research data tables and confirm the highest accuracy in our market forecast. Each of the data presented in the reports we publish is extracted through primary interviews with senior officials of the main companies in the field concerned. Our secondary data sourcing methodology includes in-depth online and offline research and discussions with industry-savvy professionals and analysts.