Genetic Testing Market Size, Share, Growth Analysis 2031
The genetic testing market has experienced significant growth over the past decade, driven by advancements in technology, increasing awareness of genetic disorders, and a rising emphasis on personalized medicine. As we look toward 2031, the market is poised for continued expansion, influenced by various factors such as technological innovations, regulatory changes, and the growing prevalence of genetic conditions. As of 2023, the global genetic testing market was valued at approximately $7.42 billion. Analysts project that by 2031, the market will reach an estimated $36.40 billion, representing a compound annual growth rate (CAGR) of around 22% over the forecast period. This growth is fueled by a surge in demand for genetic tests in various applications, including prenatal testing, cancer screening, and pharmacogenomics. To Learn More About This Report, Request a Free Sample Copy - https://www.skyquestt.com/sample-request/genetic-testing-market Growth Drivers 1. Technologica...