Europe Genetic Testing Services Market Forecast to 2030

According to the Research Team’ research, the Europe genetic testing services market was valued at US$ 931.11 million in 2022 and is expected to reach US$ 2,778.42 million by 2030, registering a CAGR of 14.6% from 2022 to 2030. Growing preference for direct-to-consumer (DTC) genetic testing and increasing awareness and acceptance of personalized medicines are among the critical factors attributed to drive the Europe genetic testing services market growth.

Personalized genetic testing and treatment have long been used globally to help individuals and families learn more about hereditary diseases. Most of the time, genetic testing is done through healthcare personnel, such as genetic counselors. Healthcare providers decide which test is needed, order the test from a test center, collect and send the DNA sample, read the test results, and share the results with the patient. Thus, these tests have traditionHally been ordered and interpreted in a clinical or medical research setting. In contrast, DTC genetic testing has witnessed tremendous growth in the past decade and is becoming increasingly widespread. A genetic test offered, advertised, and sold by companies directly to the consumer, without the direct involvement of a conventional healthcare system, is called DTC genetic testing. DTC genetic testing is relatively new and helps people find out about the disease-associated genes they may carry without the need for a prescription or guidance from a genetic counselor or medical practitioner. Several consumers of DTC testing view it as another method of gathering medical information about themselves. Unlike other genetic tests performed in clinics or hospitals, the consumer independently initiates and completes a DTC genetic test. The public understanding and acceptance of genetic testing is gradually increasing. Additionally, there is a rise in consumers seeking customized products and experiences for the identification and addressing of unique needs. The launch of innovative products and the increase in the adoption of DTC genetic testing kits have made genetic testing more accessible to people. These kits enable users to undergo personalized health management within the comfort of their homes. Key industry players are also developing DTC genetic tests and implementing special marketing efforts that positively impact sales of DTC tests. A rising number of manufacturers are providing direct-to-consumer genetic testing that covers various health conditions and traits. The increasing demand for direct-to-consumer genetic testing products to learn about the genetic makeup and assess the risk of developing hereditary conditions for early disease detection or prevention drives the market.

On the contrary, social and ethical implications of genetic testing hampers the growth of Europe genetic testing services market.

Based on service type, the Europe genetic testing services market is segmented predictive testing, carrier testing, prenatal testing, newborn screening, and others. The predictive testing segment held 38.9% market share in 2022, amassing US$ 362.50 million. It is projected to garner US$ 1,185.45 million by 2030 to register 16.0% CAGR during 2022–2030.

In terms of disease, the Europe genetic testing services market is categorized into cancer, metabolic diseases, cardiovascular diseases, and other diseases. The cancer segment held 45.3% share of Europe genetic testing services market in 2022, amassing US$ 421.40 million. It is anticipated to garner US$ 1,362.63 million by 2030 to expand at 15.8% CAGR during 2022–2030.

By service provider, the Europe genetic testing services market is segmented into hospital-based laboratories, diagnostic laboratories, and others. The hospital-based laboratories segment held 63.4% share of Europe genetic testing services market in 2022, amassing US$ 590.51 million. It is projected to garner US$ 1,903.84 million by 2030 to expand at 15.8% CAGR from 2022 to 2030.

By country, the Europe genetic testing services market is segmented into the UK, Germany, France, Spain, Italy, and the Rest of Europe. Our regional analysis states that Germany captured 23.1% share of Europe genetic testing services market in 2022. It was assessed at US$ 215.28 million in 2022 and is likely to hit US$ 668.15 million by 2030, registering a CAGR of 15.2% during 2022–2030.

Key players operating in the Europe genetic testing services market are Eurofins Scientific SE, Exact Sciences Corp, Laboratory Corp of America Holdings, 23andMe Holding Co, Quest Diagnostics Inc, Illumina Inc, F. Hoffmann-La Roche Ltd, NeoGenomics Inc, and Centogene AG, among others.

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Genetic Testing Services Market – Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Rising Prevalence of Genetic Diseases
4.1.2 Increasing Awareness and Acceptance of Personalized Medicines
4.1.3 Growing Preference for Direct-To-Consumer (DTC) Genetic Testing
4.2 Market Restraints
4.2.1 Social and Ethical Implications of Genetic Testing
4.2.2 Affordability of Genetic Services
4.3 Market Opportunities
4.3.1 Rising Demand for Pharmacogenomics
4.4 Future Trends
4.4.1 Artificial Intelligence-Powered Genetic Testing
4.5 Impact Analysis:
5. Genetic Testing Services Market – Europe Market Analysis
5.1 Europe Genetic Testing Services Market Revenue (US$ Mn), 2022 – 2030
6. Europe Genetic Testing Services Market – Revenue and Forecast to 2030 – by Service Type
6.1 Overview
6.2 Europe Genetic Testing Services Market Revenue Share, by Service Type, 2022 & 2030 (%)
6.3 Predictive Testing
6.3.1 Overview
6.3.2 Predictive Testing: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
6.4 Carrier Testing
6.4.1 Overview
6.4.2 Carrier Testing: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
6.5 Prenatal Testing
6.5.1 Overview
6.5.2 Prenatal Testing: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
6.6 Newborn Screening
6.6.1 Overview
6.6.2 Newborn Screening: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
6.7 Others
6.7.1 Overview
6.7.2 Others: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
7. Europe Genetic Testing Services Market – Revenue and Forecast to 2030 – by Disease
7.1 Overview
7.2 Europe Genetic Testing Services Market Revenue Share, by Disease, 2022 & 2030 (%)
7.3 Cancer
7.3.1 Overview
7.3.2 Cancer: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Cardiovascular Diseases
7.4.1 Overview
7.4.2 Cardiovascular Diseases: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Metabolic Diseases
7.5.1 Overview
7.5.2 Metabolic Diseases: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
7.6 Other Diseases
7.6.1 Overview
7.6.2 Other Diseases: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
8. Europe Genetic Testing Services Market – Revenue and Forecast to 2030 – by Service Provider
8.1 Overview
8.2 Europe Genetic Testing Services Market Revenue Share, by Service Provider, 2022 & 2030 (%)
8.3 Hospital-Based Laboratories
8.3.1 Overview
8.3.2 Hospital-Based Laboratories: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Diagnostic Laboratories
8.4.1 Overview
8.4.2 Diagnostic Laboratories: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
9. Europe Genetic Testing Services Market – Country Analysis
9.1 Europe
9.1.1 Europe Genetic Testing Services Market, by Country
9.1.1.1 UK
9.1.1.1.1 Overview
9.1.1.1.2 UK Genetic Testing Services Market Revenue and Forecast to 2030 (US$ Mn)
9.1.1.1.3 UK Genetic Testing Services Market, by Service Type, 2020–2030 (US$ Million)
9.1.1.1.4 UK Genetic Testing Services Market, by Disease, 2020–2030 (US$ Million)
9.1.1.1.5 UK Genetic Testing Services Market, by Service Provider, 2020–2030 (US$ Million)
9.1.1.2 Germany
9.1.1.2.1 Overview
9.1.1.2.2 Germany: Europe Genetic Testing Services Market Revenue and Forecast to 2030 (US$ Mn)
9.1.1.2.3 Germany: Europe Genetic Testing Services Market, by Service Type, 2020–2030 (US$ Million)
9.1.1.2.4 Germany: Europe Genetic Testing Services Market, by Disease, 2020–2030 (US$ Million)
9.1.1.2.5 Germany: Europe Genetic Testing Services Market, by Service Provider, 2020–2030 (US$ Million)
9.1.1.3 France
9.1.1.3.1 Overview
9.1.1.3.2 France Genetic Testing Services Market Revenue and Forecast to 2030 (US$ Mn)
9.1.1.3.3 France Genetic Testing Services Market, by Service Type, 2020–2030 (US$ Million)
9.1.1.3.4 France Genetic Testing Services Market, by Disease, 2020–2030 (US$ Million)
9.1.1.3.5 France Genetic Testing Services Market, by Service Provider, 2020–2030 (US$ Million)
9.1.1.4 Italy
9.1.1.4.1 Overview
9.1.1.4.2 Italy Genetic Testing Services Market Revenue and Forecast to 2030 (US$ Mn)
9.1.1.4.3 Italy Genetic Testing Services Market, by Service Type, 2020–2030 (US$ Million)
9.1.1.4.4 Italy Genetic Testing Services Market, by Disease, 2020–2030 (US$ Million)
9.1.1.4.5 Italy Genetic Testing Services Market, by Service Provider, 2020–2030 (US$ Million)
9.1.1.5 Spain
9.1.1.5.1 Overview
9.1.1.5.2 Spain Genetic Testing Services Market Revenue and Forecast to 2030 (US$ Mn)
9.1.1.5.3 Spain Genetic Testing Services Market, by Service Type, 2020–2030 (US$ Million)
9.1.1.5.4 Spain Genetic Testing Services Market, by Disease, 2020–2030 (US$ Million)
9.1.1.5.5 Spain Genetic Testing Services Market, by Service Provider, 2020–2030 (US$ Million)
9.1.1.6 Rest of Europe
9.1.1.6.1 Overview
9.1.1.6.2 Rest of Europe Genetic Testing Services Market Revenue and Forecast to 2030 (US$ Mn)
9.1.1.6.3 Rest of Europe Genetic Testing Services Market, by Service Type, 2020–2030 (US$ Million)
9.1.1.6.4 Rest of Europe Genetic Testing Services Market, by Disease, 2020–2030 (US$ Million)
9.1.1.6.5 Rest of Europe Genetic Testing Services Market, by Service Provider, 2020–2030 (US$ Million)
10. Genetic Testing Services Market–Industry Landscape
10.1 Overview
10.2 Growth Strategies in Genetic Testing Services Market
10.3 Organic Growth Strategies
10.3.1 Overview
10.4 Inorganic Growth Strategies
10.4.1 Overview
11. Company Profiles
11.1 Eurofins Scientific SE
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Exact Sciences Corp
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Laboratory Corp of America Holdings
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 23andMe Holding Co
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Quest Diagnostics Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Illumina Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 F. Hoffmann-La Roche Ltd
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 NeoGenomics Inc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Centogene AG
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About Us
12.2 Glossary of Terms

Table 1.             Europe Genetic Testing Services Market Segmentation
Table 2.             UK Genetic Testing Services Market, by Service Type – Revenue and Forecast to 2030 (US$ Million)
Table 3.             UK Genetic Testing Services Market, by Disease – Revenue and Forecast to 2030 (US$ Million)
Table 4.             UK Genetic Testing Services Market, by Service Provider – Revenue and Forecast to 2030 (US$ Million)
Table 5.             Germany: Europe Genetic Testing Services Market, by Service Type – Revenue and Forecast to 2030 (US$ Million)
Table 6.             Germany: Europe Genetic Testing Services Market, by Disease – Revenue and Forecast to 2030 (US$ Million)
Table 7.             Germany: Europe Genetic Testing Services Market, by Service Provider – Revenue and Forecast to 2030 (US$ Million)
Table 8.             France Genetic Testing Services Market, by Service Type – Revenue and Forecast to 2030 (US$ Million)
Table 9.             France Genetic Testing Services Market, by Disease – Revenue and Forecast to 2030 (US$ Million)
Table 10.          France Genetic Testing Services Market, by Service Provider – Revenue and Forecast to 2030 (US$ Million)
Table 11.          Italy Genetic Testing Services Market, by Service Type – Revenue and Forecast to 2030 (US$ Million)
Table 12.          Italy Genetic Testing Services Market, by Disease – Revenue and Forecast to 2030 (US$ Million)
Table 13.          Italy Genetic Testing Services Market, by Service Provider – Revenue and Forecast to 2030 (US$ Million)
Table 14.          Spain Genetic Testing Services Market, by Service Type – Revenue and Forecast to 2030 (US$ Million)
Table 15.          Spain Genetic Testing Services Market, by Disease – Revenue and Forecast to 2030 (US$ Million)
Table 16.          Spain Genetic Testing Services Market, by Service Provider – Revenue and Forecast to 2030 (US$ Million)
Table 17.          Rest of Europe Genetic Testing Services Market, by Service Type – Revenue and Forecast to 2030 (US$ Million)
Table 18.          Rest of Europe Genetic Testing Services Market, by Disease – Revenue and Forecast to 2030 (US$ Million)
Table 19.          Rest of Europe Genetic Testing Services Market, by Service Provider – Revenue and Forecast to 2030 (US$ Million)
Table 20.          Recent Organic Growth Strategies in Genetic Testing Services Market
Table 21.          Recent Inorganic Growth Strategies in the Genetic Testing Services Market
Table 22.          Glossary of Terms, Genetic Testing Services Market
 
 

Figure 1.           Europe Genetic Testing Services Market Segmentation, By Country
Figure 2.           Europe Genetic Testing Services Market – Key Industry Dynamics
Figure 3.           Impact Analysis of Drivers and Restraints
Figure 4.           Europe Genetic Testing Services Market Revenue (US$ Mn), 2022 – 2030
Figure 5.           Europe Genetic Testing Services Market Revenue Share, by Service Type, 2022 & 2030 (%)
Figure 6.           Predictive Testing: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
Figure 7.           Carrier Testing: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8.           Prenatal Testing: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9.           Newborn Screening: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10.        Others: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11.        Europe Genetic Testing Services Market Revenue Share, by Disease, 2022 & 2030 (%)
Figure 12.        Cancer: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13.        Cardiovascular Diseases: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14.        Metabolic Diseases: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15.        Other Diseases: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16.        Europe Genetic Testing Services Market Revenue Share, by Service Provider, 2022 & 2030 (%)
Figure 17.        Hospital-Based Laboratories: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18.        Diagnostic Laboratories: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19.        Others: Europe Genetic Testing Services Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20.        Europe Genetic Testing Services Market, by Key Country – Revenue, 2022 (US$ Million)
Figure 21.        Europe Genetic Testing Services Market, By Key Countries, 2022 and 2030 (%)
Figure 22.        UK Genetic Testing Services Market Revenue and Forecast to 2030 (US$ Mn)
Figure 23.        Germany: Europe Genetic Testing Services Market Revenue and Forecast to 2030 (US$ Mn)
Figure 24.        France Genetic Testing Services Market Revenue and Forecast to 2030 (US$ Mn)
Figure 25.        Italy Genetic Testing Services Market Revenue and Forecast to 2030 (US$ Mn)
Figure 26.        Spain Genetic Testing Services Market Revenue and Forecast to 2030 (US$ Mn)
Figure 27.        Rest of Europe Genetic Testing Services Market Revenue and Forecast to 2030 (US$ Mn)
Figure 28.        Growth Strategies in Genetic Testing Services Market