Rare Disease Genetic Testing Market By Disease Type (Immunological Disorders, Neurological Disorders, Hematology Diseases, Endocrine & Metabolism Diseases, Musculoskeletal Disorders, Cancer, Other Diseases), By Technology (Next-Generation Sequencing (NGS) {Whole Exome Sequencing, Whole Genome Sequencing} PCR-based Testing, Array Technology, Fluorescence In Situ Hybridization (FISH), Sanger Sequencing, Karyotyping), By Specialty (Molecular Genetic Tests, Chromosomal Genetic Tests, Biochemical Genetic Tests), By End-User (Research Laboratories, Diagnostic Centers, Hospitals, Clinics), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035
Published Date: Oct 2024 | Report ID: MI1226 | 210 Pages
Industry Outlook
The Rare Disease Genetic Testing market accounted for USD 1.47 Billion in 2024 and is expected to reach USD 4.82 Billion by 2035, growing at a CAGR of around 11.4% between 2025 and 2035. The rare disease genetic testing market is that industry dealing with the development, manufacture, and provision of diagnostic tests that focus on identifying genetic disorders in a smaller population. Such tests are highly essential for the diagnosis of rare diseases, which, more often than not, have highly complex etiology based on genetics and might therefore contribute to early detection, personalized treatment, and even genetic counseling. The market offers several technologies, including next-generation sequencing, single-gene testing, and biochemical assays that are used in the application of clinical and research uses. Advances in genetic technologies and increased awareness regarding rare diseases have given much momentum to the market with increasingly accurate and efficient solutions being sought for diagnostics alongside improvements in healthcare policies and increased access to services involving genetic testing. This market also benefits, not only patients, receiving important information regarding their health states but also providers of healthcare and researchers through understanding the genetic basis for those disorders.
Report Scope:
Parameter | Details |
---|---|
Largest Market | Asia Pacific |
Fastest Growing Market | Europe |
Base Year | 2024 |
Market Size in 2024 | USD 1.47 Billion |
CAGR (2025-2035) | 11.4% |
Forecast Years | 2025-2035 |
Historical Data | 2018-2024 |
Market Size in 2035 | USD 4.82 Billion |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Switzerland, Sweden, Finland, Netherlands, Poland, Russia, China, India, Australia, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Brazil, Argentina, GCC Countries, and South Africa |
What We Cover | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PESTLE analysis, value chain analysis, regulatory landscape, pricing analysis by segments and region, company market share analysis, and 10 companies with scope for including additional 15 companies upon request |
Segments Covered | Disease Type, Technology, Specialty, End-User and Region |
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Market Dynamics
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Increasing Awareness of Rare Diseases and Genetic Testing Driving Demand for Diagnostic Services
The demand for such services has primarily been fueled by increasing rare disease awareness and the options offered through genetic testing. According to estimates from NIH, about one in ten Americans suffers from a rare disease. In an enlightened time, clinicians of today have increasingly come to be made aware of them and will no doubt eventually use genetic testing when making their diagnoses. Advocacy groups also have played a very big role in creating awareness like the National Organization for Rare Disorders.
According to the information given by NORD, of respondents surveyed, more than 70% were interested in getting tested due to increased awareness. Apart from that, genetic testing is gradually being integrated into standard medical practice, especially in pediatric and oncology practices. A study in JAMA recently reported that almost half of the patients with rare genetic disorders benefit from the practice. In this respect, all these factors sum up to increase the demand for diagnostic services that can have better outcomes for the patient.
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Revolutionizing Genetic Testing with NGS and Bioinformatics
New next-generation sequencing (NGS) and advances in bioinformatics have opened up and made more efficient, and affordable access to genetic testing. NGS technology now allows for the sequencing of a human genome at the cost of about $2.7 billion in 2003 to around $1,000 today, according to NHGRI. The reduced price has resulted in increased clinical adoption. For instance, the CDC shows that more than 10% of the U.S. population is undergoing some form of genetic testing.
Moreover, the use of bioinformatics tools enhances data analysis. It therefore enables faster and more accurate interpretations of genetic data. Patients are increasingly empowered in informed decision-making about their health. Surveys have shown that 59% of Americans believe that genetic testing will improve their choices in healthcare. Government initiatives, such as those from the NIH, support this trend by funding genomic research and promoting the integration of NGS in personalized medicine. It has transformed genetic testing into a very vital part of modern health care, and further convergence between NGS and bioinformatics brings improved patient outcomes.
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Financial Barriers to Genetic Testing in Resource-Limited Regions
The cost involved with genetic testing is a drawback to most patients, mainly those within areas that are relatively weak in healthcare. However, with the advancement opening up avenues of accessibility and utilization, some tests will remain pricey. The whole genome sequencing according to the National Academy of Sciences currently stands at approximately $1,000 but extras related to interpretation and even further follow-up may prove costly for the patients.
Insurance coverage varies widely, and only about 30% of patients obtain full coverage, according to a study in Health Affairs.
This situation is particularly burdensome for low-income populations. Access also varies by geography because testing facilities often are not readily available, and a patient may be required to travel long distances to obtain services that may not be covered by insurance, according to the U.S. Department of Health and Human Services, almost 20% of the American population resides in rural areas where the health resources are scarce, and it further complicates the situation of accessing genetic testing. Overall, these financial barriers greatly impede the access of patients to such critical genetic testing and prompt medical interventions.
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Emerging Opportunities for Niche Products in Rare Disease Testing
Growing demands for disease-specific tests mean companies now have opportunities to create niche products targeted toward underserved patient populations. More than 7,000 rare diseases have been identified and affect an estimated 30 million Americans, the NIH says. Both providers and patients are becoming more demanding and are seeking better, targeted diagnostic options as awareness of the conditions increases. Next-generation sequencing and other advances in genetic and molecular testing mean that the genetic variants behind these disorders can now often be identified quickly.
It is also the regulatory environments, such as the Orphan Drug Act, which incentivize diagnostics for rare diseases and thus encourage innovation. Patients and their advocacy groups are also demanding better diagnostics. indeed, 78% of rare disease patients would like access to testing to be improved. Such demand helps companies innovate and diversify by making themselves different in the aspect of specified conditions, thereby making them niche leaders within the set segment. As a result, more rare disease testing means a good prospect for increasing innovation as well as filling the space for market demand.
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Genetic Testing Opportunities in Expanding Healthcare Infrastructure of Developing Countries
Genetic testing services hold tremendous potential in the expansion of healthcare infrastructure in developing countries. There is a significant investment in healthcare, and that fact is also reflected in increased spending as reported by the World Health Organization in the regions of Sub-Saharan Africa and South Asia. Genetic disorders are a major problem with 1 in 200 births in low- and middle-income countries, so there is a need for effective diagnostic tools. With the decreasing cost of the next-generation sequencing technology, genetic testing has become economically viable in resource-poor countries.
Therefore, it requires cooperation between local authorities, NGOs, and the international community to set up testing centers and train relevant healthcare professionals. Rising awareness among the public also stimulates demand for genetic testing while forcing policy reforms in health care. It would bring better diagnosis and treatment of genetic conditions, with subsequent improvements in health outcomes, in the regions in which such expanding healthcare infrastructures integrate genetic testing.
Industry Experts Opinion
“Every diagnosis matters to patients and families experiencing the rare disease diagnostic odyssey,”
- Elizabeth Chao, M.D., Chief Medical Officer at Ambry Genetics
Segment Analysis
Based on disease type, the market for Rare Disease Genetic Testing is categorized into immunological disorders, neurological disorders, hematology diseases, endocrine and metabolism diseases, musculoskeletal disorders, cancer, and other diseases. Such categorization will be helpful in better-targeted genetic testing so that each disease category receives proper attention for accurate diagnosis and effective treatment strategies. The most dominant condition in the hematology disease market currently is sickle cell disease due to its high prevalence and critical need for genetic insights.
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Based on technology type, the market for Rare Disease Genetic Testing is segmented into Next-Generation Sequencing (NGS), Whole Exome Sequencing, Whole Genome Sequencing, PCR-based Testing, Array Technology, Fluorescence In Situ Hybridization (FISH), Sanger Sequencing, and Karyotyping. This categorization will make use of the advanced methodologies unique to one's genetic testing needs, increasing accuracy and efficiency for rare disease diagnosis. Of all these technologies, Next-Generation Sequencing is the current leader as it is highly capable and very inexpensive.
Regional Analysis
The North American regional landscape of the rare disease genetic testing market displays a significant growth rate underpinned by technological advancements along with the increasing prevalence of rare diseases. The strong healthcare infrastructure, high level of investment in research and development, and focus on personalized medicine are also available in this region. The government initiatives and favorable policies for improving access to genetic testing further support its expansion. There are key players in the market working closely with healthcare providers and research institutions to expand the testing capacity and support innovative practices. Patients and physicians are also becoming increasingly aware of the significance of genetic testing, further fueling the growth of the Rare Disease Genetic Testing market. In short, North America remains one of the dominant regions for Rare Disease Genetic Testing.
The Rare Disease Genetic Testing market of the Asia-Pacific region, though changing fast with heightening awareness for rare diseases and advancements in genomic technology, is yet to evolve fully. This will give ample opportunities to develop advanced diagnostic tools. End. Government initiatives that enhance access to healthcare and research in the field of genomics further drive the market. Meanwhile, the increased incidence of genetic disorders further accelerates the demand for advanced testing solutions. Innovations and enhanced testing capabilities through collaboration and expansion with local biotechnology firms and international organizations have supported growth as well. A very big and diversified patient population forms Asia-Pacific, which is an upcoming market in the rare disease genetic testing market with high potential to make the global rare disease genetic testing industry witness better diagnosis and therapy options.
Competitive Landscape
key players have a competitive landscape of companies such as Illumina, Thermo Fisher Scientific, and Genomatica. Such companies are innovating and expanding services. Recent new product development by Illumina is about new genomic sequencing platforms aimed at improving rare disease diagnosis accuracy and speed. Thermo Fisher has collaborated with multiple healthcare organizations to enhance access to genetic testing services, thus ensuring the company's commitment to the development of personalized medicine. Other key players in the market are Agilent Technologies and Bio-Rad Laboratories, supporting market growth through the continuous research and development of advanced testing technologies. Further driving competitive dynamics, there are even more collaborations and strategic partnerships in this marketplace to improve the diagnostic capabilities available and further enhance marketplace reach.
Rare Disease Genetic Testing Market, Company Shares Analysis, 2024
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Recent Developments:
- In May, 2024, Biogen received European Commission approval for QALSODY® (tofersen), the first therapy for a rare genetic form of amyotrophic lateral sclerosis (ALS), offering new hope for patients with this debilitating condition.
- In April 2023, 3 billion receives accreditation from the California Department of Public Health (CDPH) as a clinical laboratory. With the CDPH accreditation, hospitals throughout California will now be able to utilize 3 billion's genetic tests for diagnostic purposes and can claim insurance for the tests.
- In May 2022, the Qatar Genome Program (QGP), a division of the Qatar Foundation (QF), and Thermo Fisher Scientific entered a partnership to advance genomic research and clinical applications of predictive genomics in Qatar as a step toward extending the advantages of precision medicine across Arab populations globally.
Report Coverage:
By Disease Type
- Immunological Disorders
- Neurological Disorders
- Hematology Diseases
- Endocrine & Metabolism Diseases
- Musculoskeletal Disorders
- Cancer
- Other Diseases
By Technology
- Next-Generation Sequencing (NGS)
- Whole Exome Sequencing
- Whole Genome Sequencing
- PCR-based Testing
- Array Technology
- Fluorescence In Situ Hybridization (FISH)
- Sanger Sequencing
- Karyotyping
By Specialty
- Molecular Genetic Tests
- Chromosomal Genetic Tests
- Biochemical Genetic Tests
End-User
- Research Laboratories
- Diagnostic Centers
- Hospitals
- Clinics
By Region
North America
- U.S.
- Canada
Europe
- U.K.
- France
- Germany
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
List of Companies:
- Illumina, Inc.
- Thermo Fisher Scientific Inc.
- Agilent Technologies, Inc.
- Bio-Rad Laboratories, Inc.
- Fulgent Genetics, Inc.
- Myriad Genetics, Inc.
- Bionano Genomics, Inc.
- Macrogen, Inc.
- Quest Diagnostics Incorporated
- Laboratory Corporation of America Holdings (LabCorp)
- Invitae Corporation
- Sema4 Holdings Corp.
- Roche Diagnostics
- Cleveland Clinic Laboratories
- Eurofins Scientific
Frequently Asked Questions (FAQs)
The Rare Disease Genetic Testing market accounted for USD 1.47 Billion in 2024 and is expected to reach USD 4.82 Billion by 2035, growing at a CAGR of around 11.4% between 2025 and 2035.
Key growth opportunities in the Rare Disease Genetic Testing market include advancements in Next-Generation Sequencing (NGS) that improve testing accuracy, alongside increasing awareness of rare diseases driving demand for early diagnosis. Favorable government policies and collaborations between biotech firms and research institutions are also fostering innovation, while the shift toward personalized medicine emphasizes the need for targeted genetic testing.
The largest and fastest-growing segments in the Rare Disease Genetic Testing market are Next-Generation Sequencing (NGS) and Whole Exome Sequencing (WES), known for their comprehensive insights into genetic disorders. Additionally, the segment for infectious disease testing is rapidly growing, driven by advancements in technology and heightened awareness of rare diseases.
North America is set to make a significant contribution to the Global Rare Disease Genetic Testing Market, driven by a strong healthcare infrastructure, substantial research investments, and heightened awareness of rare diseases. Supportive government policies further bolster market growth in the region.
Leading players in the global Rare Disease Genetic Testing Market include Illumina, Thermo Fisher Scientific, Agilent Technologies, Bio-Rad Laboratories, and Fulgent Genetics. Other notable companies are Myriad Genetics, Invitae, Quest Diagnostics, LabCorp, and Bionano Genomics, all driving innovation in genetic testing for rare diseases.
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