U.S. genetic testing market
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The U.S. genetic testing market size was USD 4.11 billion in 2019. The impact of COVID-19 has been unprecedented and staggering, with genetic testing witnessing a negative impact on demand amid the pandemic. Based on our analysis, the market exhibited a lower growth of 6.7% in 2020 as compared to the average year-on-year growth during 2016-2019. The market is projected to grow from USD 4.38 billion in 2020 to USD 10.29 billion in 2027 at a CAGR of 13.0% during the 2020-2027 period.
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U.S. genetic testing market
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