India genetic testing market is expected to grow at a significant CAGR in the forecast period, FY2023-FY2027. The increasing prevalence of genetic disorders occurring around the globe and the rising use of genetic tests which are used for the diagnosis of cardiovascular diseases, cancer diagnosis, genetic disease diagnosis, amongst others is expected to accelerate the growth of the genetic testing market. The growing awareness and demand for the personalized medicines and treatment to ensure quality treatment and witness improved results is expected to pave the way for the genetic testing market growth. Advancements and technological up-gradation in the field of genetic testing is expected to create lucrative opportunities for market growth in the next five years. The improvement in the economic conditions of the developing economies and the allocation of funds for the development of the healthcare sector to provide quality treatment is expected to boost the genetic testing market growth in the next five years. The early detection of genetic diseases can help in the treatment of diseases more efficiently. The rising disposable income of middle-class families is enabling them to afford quality healthcare services which in turn is expected to influence the genetic testing market growth in the next five years.

India genetic testing market is segmented into type, technology, application, regional distribution, and company. Based on the type, the market can be divided into prescribed genetic testing and direct-to-consumer genetic testing. The direct-to-consumer genetic testing segment is expected to account for major market share, FY2023-FY2027. The growing awareness among consumers about the benefits of genetic testing and the technological advancements providing more accurate results is fostering the growth of the genetic testing market. 

The major players operating in the India genetic testing market are Mapmygenome India Ltd., The Gene Box, MedGenome Labs Ltd., Strand Life Sciences Pvt. Ltd., Centogene India Private Limited, Eurofins Product Testing India Private Limited, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: FY2017-FY2020

Base Year: FY2021

Estimated Year: FY2022

Forecast Period: FY2023–FY2027

Objective of the Study:

  • To analyze the historical growth of the market size of India genetic testing market from FY2017 to FY2020.
  • To estimate and forecast the market size of India genetic testing market from FY2021 to FY2027 and growth rate until FY2027.
  • To classify and forecast India genetic testing market based on type, technology, application, regional distribution, and company.
  • To identify dominant region or segment in the India genetic testing market
  • To identify drivers and challenges for India genetic testing market
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India genetic testing market.
  • To identify and analyze the profile of leading players operating in India genetic testing market.
  • To identify key sustainable strategies adopted by market players in India genetic testing market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of India genetic testing market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Genetic testing service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to genetic testing market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India genetic testing market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         India Genetic Testing Market, By Type:

    • Prescribed Genetic Testing
    • Direct-to-Consumer Genetic Testing
  • India Genetic Testing Market, By Technology:
    • Cytogenetic Testing
    • Biochemical Testing
    • Molecular Testing
  • India Genetic Testing Market, By Application:
    • Reproductive Health
      • Newborn Screening
      • Prenatal Screening
      • Carrier Screening
    • Cancer Screening
      • Hereditary Cancer
      • Breast Cancer
      • Ovarian Cancer
      • Colon Cancer
    • Ancestry, Predictive & Pre-Symptomatic Testing
    • Others
  • India Genetic Testing Market, By Region:
    • North
    • South
    • East
    • West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India genetic testing market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
India genetic testing market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on India Genetic Testing Market

4.    Executive Summary

5.    Voice of Customer

6.    India Genetic Testing Market Outlook

6.1.  Market Size & Forecast

6.1.1. By Value & Volume (Different Genetic Tests)

6.2.  Market Share & Forecast

6.2.1. By Type (Prescribed Genetic Testing v/s Direct-to-Consumer Genetic Testing)

6.2.2. By Technology (Cytogenetic Testing, Biochemical Testing, and Molecular Testing)

6.2.3. By Application (Reproductive Health (Newborn Screening, Prenatal Screening and Carrier Screening), Cancer Screening (Hereditary Cancer, Breast Cancer, Ovarian Cancer and Colon Cancer), Ancestry, Predictive & Pre-Symptomatic Testing, Others)

6.2.4. By Region

6.2.5. By Company (FY2021)

6.3.  Product Market Map

7.    India Prescribed Genetic Testing Market Outlook

7.1.  Market Size & Forecast          

7.1.1. By Value

7.2.  Market Share & Forecast

7.2.1. By Technology

7.2.2. By Application

8.    India Direct-to-Consumer Genetic Testing Market Outlook

8.1.  Market Size & Forecast          

8.1.1. By Value

8.2.  Market Share & Forecast

8.2.1. By Technology

8.2.2. By Application

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  Pricing Analysis

13.  India Economic Profile

14.  Competitive Landscape

14.1.              Competition Outlook

14.2.              Company Profiles

14.2.1.   Mapmygenome India Ltd.

14.2.2.   The Gene Box

14.2.3.   MedGenome Labs Ltd.

14.2.4.   Strand Life Sciences Pvt. Ltd.

14.2.5.   Centogene India Private Limited

14.2.6.   Eurofins Product Testing India Private Limited

15.  Strategic Recommendations

16.  About us & Disclaimer