Germany Hereditary Testing Market Size & Outlook, 2023-2030
Germany hereditary testing market, 2018-2030 (US$M)
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Germany hereditary testing market highlights
- The Germany hereditary testing market generated a revenue of USD 485.0 million in 2023 and is expected to reach USD 798.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, hereditary non-cancer testing was the largest revenue generating disease type in 2023.
- Hereditary Cancer Testing is the most lucrative disease type segment registering the fastest growth during the forecast period.
Hereditary testing market data book summary
| Market revenue in 2023 | USD 485.0 million |
| Market revenue in 2030 | USD 798.2 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Hereditary non-cancer testing |
| Fastest growing segment | Hereditary Cancer Testing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hereditary Cancer Testing, Hereditary Non-cancer Testing |
| Key market players worldwide | Myriad Genetics Inc, Invitae Corp, Illumina Inc, Natera Inc, Labcorp Holdings Inc, Roche Holding AG ADR, Quest Diagnostics Inc, CooperSurgical, Agilent Technologies Inc, Thermo Fisher Scientific Inc, Twist Bioscience Corp, Sophia Genetics SA, Fulgent Genetics Inc, MedGenome, Centogene NV Ordinary Shares, The Cooper Companies Inc |
Other key industry trends
- In terms of revenue, Germany accounted for 6.7% of the global hereditary testing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany hereditary testing 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 426.9 million by 2030.
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Hereditary Testing Market Scope
Hereditary Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany hereditary testing 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 hereditary testing market will help companies and investors design strategic landscapes.
Hereditary non-cancer testing was the largest segment with a revenue share of 91.79% in 2023. Horizon Databook has segmented the Germany hereditary testing market based on hereditary cancer testing, hereditary non-cancer testing covering the revenue growth of each sub-segment from 2018 to 2030.
Germany accounted for leading revenue share in European market, owing to substantial number of key players operating in this region and their efforts to reinforce market presence. Some of the major players engaged in offering hereditary testing solutions are Centogene N.V., LifeCodexx AG, CeGaT GmbH, and Eluthia.
For instance, in June 2019, BGI Genomics and Eluthia introduced an NIPT called NIFTY test, in Germany. The test was launched under the brand name PreviaTest. This product launch enabled patient access to comprehensive NIPT solutions in Germany. Furthermore, key vendors are collaborating with other companies to leverage core competencies and strengthen their market position.
For instance, in March 2016, LifeCodexx AG partnered with several leading laboratory groups in Germany and Switzerland to expand its NIPT technology access to include new partners. This significantly enhanced access to PrenaTest, Europe's first NIPT, for gynecologists via a strong medical customer and support network, provided by the partner laboratories.
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Our clientele includes a mix of hereditary testing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany hereditary testing market, including forecasts for subscribers. This country databook contains high-level insights into Germany hereditary testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany hereditary testing market size, by disease type, 2018-2030 (US$M)
Germany Hereditary Testing Market Share, 2023 & 2030 (US$M)
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