UK Genotyping Market Size & Outlook, 2023-2030
UK genotyping market, 2018-2030 (US$M)
Related Markets
UK genotyping market highlights
- The UK genotyping market generated a revenue of USD 790.8 million in 2023 and is expected to reach USD 2,107.6 million by 2030.
- The UK market is expected to grow at a CAGR of 15% from 2024 to 2030.
- In terms of segment, reagents & kits was the largest revenue generating product in 2023.
- Reagents & kits is the most lucrative product segment registering the fastest growth during the forecast period.
Genotyping market data book summary
| Market revenue in 2023 | USD 790.8 million |
| Market revenue in 2030 | USD 2,107.6 million |
| Growth rate | 15% (CAGR from 2023 to 2030) |
| Largest segment | Reagents & kits |
| Fastest growing segment | Reagents & kits |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Reagents & kits, Services |
| Key market players worldwide | Illumina Inc, Thermo Fisher Scientific Inc, Qiagen NV, Roche, Fluidigm Corporation, Danaher Corp, Agilent Technologies, Eurofins Scientific SE, GE HealthCare Technologies Inc Common Stock, Bio-Rad Laboratories Inc |
Other key industry trends
- In terms of revenue, UK accounted for 4.4% of the global genotyping market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany genotyping market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2,107.6 million by 2030.
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Genotyping Market Scope
Genotyping Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK genotyping market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to genotyping market will help companies and investors design strategic landscapes.
Reagents & kits was the largest segment with a revenue share of 61.14% in 2023. Horizon Databook has segmented the UK genotyping market based on instruments, reagents & kits, services covering the revenue growth of each sub-segment from 2018 to 2030.
Presence of established healthcare infrastructure, high disposable income, and rising awareness among people pertaining to early diagnosis of diseases are some of the key factors responsible for market growth in this region. Prenatal genetic testing is performed primarily to identify the risk of developing genetic conditions based on identification of genetic aberrations in the unborn.
DNA screening tests are available for couples in the UK. According to Genomic England, Around 7% population of the UK is estimated to be affected with rare diseases in their lifetime, and 80% of rare diseases have genetic components.
Prenatal genetic testing is performed primarily to identify the risk of developing a genetic condition, based on the identification of genetic aberration in the unborn. 23andMe is a DNA genotypingbased screening test available for couples in the UK.
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Target buyers of UK genotyping market databook
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Our clientele includes a mix of genotyping market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK genotyping market , including forecasts for subscribers. This country databook contains high-level insights into UK genotyping market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK genotyping market size, by product, 2018-2030 (US$M)
UK Genotyping Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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