Genetic Testing Market Size Worth USD 30 Billion | 10.30% CAGR by 2027
Market Research Future (MRFR) expects the genetic testing market size is projected to reach USD 30.10 Billion at CAGR of 10.30% by 2027. Thalassemia is one of the most burdensome and prevalent genetic disorders worldwide, proving to be a massive health concern. This will be a major growth booster for the genetic testing market in the following years. The escalating demand in oncology combined with the surging use of genetic tests in clinical care will also foster the market share during the projection timeline. Rising preference for personalized medicines can be another salient reason for the strong growth of the genetic testing industry.
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