Global Gene Panel Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product and Services;

Test Kits and Testing Services

By Techniques;

Amplicon Based Approach and Hybridization Based Approach

By Design;

Predesigned Gene Panel and Customized Gene Panel

By Application;

Cancer Risk Assessment, Pharmacogenetics, Diagnosis of Congential Disorders, and Others

By End User;

Hospitals, Diagnostic Laboratories, Pharmaceutical Companies, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn414268225 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Gene Panel Market (USD Million), 2021 - 2031

Gene Panel Market was valued at USD 17,427.98 million in the year 2024. The size of this market is expected to increase to USD 40,145.35 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.7%.


Global Gene Panel Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 12.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)12.7 %
Market Size (2024)USD 17,427.98 Million
Market Size (2031)USD 40,145.35 Million
Market ConcentrationLow
Report Pages359
17,427.98
2024
40,145.35
2031

Major Players

  • Illumina, Inc.
  • Agilent Technologies, Inc.
  • Thermo Fisher Scientific
  • QIAGEN
  • Integrated DNA Technologies, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Gene Panel Market

Fragmented - Highly competitive market without dominant players


The Gene Panel Market is experiencing significant growth due to the rising emphasis on precision healthcare and genetic diagnostics. These panels are widely used to detect genetic mutations associated with inherited diseases and various cancers. Recent trends show a more than 45% rise in adoption, fueled by expanding clinical applications and technological innovations in genomics.

Technological Advancements
With the rise of next-generation sequencing (NGS), gene panels now offer faster, more precise, and scalable testing solutions. Sequencing costs have dropped by over 60%, enabling broader access to high-quality diagnostics. The improved speed and accuracy are helping healthcare providers make quicker, more informed decisions.

Clinical and Research Applications
There has been a notable 35% increase in gene panel usage within clinical diagnostics, particularly in oncology, rare genetic disorders, and prenatal screening. This highlights the expanding role of genetic insights in patient care and biomedical research, as institutions move toward molecular-based diagnostics for better outcomes.

Regulatory and Quality Frameworks
The market is also benefiting from tighter regulatory oversight and improved quality standards. Adoption of regulatory frameworks has risen by nearly 40%, building greater confidence in the reliability and safety of gene panel technologies. This enables laboratories and providers to offer more consistent and compliant testing services.

Future Outlook
The future of the gene panel market looks promising, supported by increased investment in genomics infrastructure and tailored diagnostic approaches. Development initiatives are projected to grow by

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product and Services
    2. Market Snapshot, By Techniques
    3. Market Snapshot, By Design
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Gene Panel Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Next-Generation Sequencing (NGS) Technology
        2. Rising Demand for Precision Medicine
        3. Increasing Incidence of Genetic Disorders and Cancer
      2. Restraints
        1. High Cost of Implementation
        2. Limited reimbursement in developing countries
        3. Shortage of skilled genetic professionals
        4. Data privacy and ethical concerns
      3. Opportunities
        1. Expansion of Clinical Genomics Testing

        2. Focus on Rare and Undiagnosed Diseases

        3. Integration of Artificial Intelligence (AI) and Machine Learning

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Gene Panel Market, By Product and Services, 2021 - 2031 (USD Million)
      1. Test Kits
      2. Testing Services
    2. Global Gene Panel Market, By Techniques, 2021 - 2031 (USD Million)
      1. Amplicon Based Approach
      2. Hybridization Based Approach
    3. Global Gene Panel Market, By Design, 2021 - 2031 (USD Million)
      1. Predesigned Gene Panel
      2. Customized Gene Panel
    4. Global Gene Panel Market, By Application, 2021 - 2031 (USD Million)
      1. Cancer Risk Assessment

      2. Pharmacogenetics

      3. Diagnosis of Congential Disorders

      4. Others

    5. Global Gene Panel Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals

      2. Diagnostic Laboratories

      3. Pharmaceutical Companies

      4. Others

    6. Global Gene Panel Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Illumina, Inc.
      2. Agilent Technologies, Inc.
      3. Thermo Fisher Scientific
      4. QIAGEN
      5. Integrated DNA Technologies, Inc.
  7. Analyst Views
  8. Future Outlook of the Market