Genetic testing markets are experiencing significant growth, driven by advancements in technology, increasing interest in pharmacogenetics, and rising awareness about gene-based screening. The direct-to-consumer genetic testing market is projected to reach USD 1.93 billion by 2030, with a CAGR of 24.4% from 2024 to 2030. The global genetic testing market is projected to reach USD 16844 million by 2029, with a CAGR of 9.86% from 2024 to 2029. The genetic testing market is estimated at USD 19.66 billion in 2024, with a projected CAGR of 10.81% until 2029. Key market players are heavily investing in advertising to promote their products, with the online platform segment dominating the market in 2023.

Genetic Testing Markets' Rapid Growth