India Hereditary Testing Market Size & Outlook, 2023-2030
India hereditary testing market, 2018-2030 (US$M)
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India hereditary testing market highlights
- The India hereditary testing market generated a revenue of USD 209.8 million in 2023 and is expected to reach USD 417.9 million by 2030.
- The India market is expected to grow at a CAGR of 10.3% from 2024 to 2030.
- In terms of segment, hereditary non-cancer testing was the largest revenue generating disease type in 2023.
- Hereditary Non-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 209.8 million |
| Market revenue in 2030 | USD 417.9 million |
| Growth rate | 10.3% (CAGR from 2023 to 2030) |
| Largest segment | Hereditary non-cancer testing |
| Fastest growing segment | Hereditary Non-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, India accounted for 2.9% 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 Asia Pacific, China hereditary testing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 417.9 million by 2030.
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Hereditary Testing Market Scope
Hereditary Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 85.94% in 2023. Horizon Databook has segmented the India hereditary testing market based on hereditary cancer testing, hereditary non-cancer testing covering the revenue growth of each sub-segment from 2018 to 2030.
Genetic testing solutions are gaining popularity in diagnosis and treatment of inherited medical conditions in India. An increasing number of genetic tests are adopted to monitor a patient’s predisposition to diseases and making decisions for treatment for certain cancers.
The lost cost of a genetic test in India, compared to other countries, supports the expansion of genetic testing in this country. For example, a genetic test for thalassemia, an inherited blood disorder, costs around USD 42.06 (Rs 3,000).
In addition, processing of multiple samples at the same time acts as a cost-effective choice, such as 152-gene Strand Advantage test provided by Strand Life Sciences. These factors are expected to propel genetic testing in India. Hereditary testing companies operating in India include local and international companies.
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Our clientele includes a mix of hereditary testing 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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Horizon Databook provides a detailed overview of country-level data and insights on the India hereditary testing market, including forecasts for subscribers. This country databook contains high-level insights into India hereditary testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India hereditary testing market size, by disease type, 2018-2030 (US$M)
India Hereditary Testing Market Share, 2023 & 2030 (US$M)
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