Gene Panel Market Size and Share

Gene Panel Market Summary
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Gene Panel Market Analysis by Mordor Intelligence

The gene panel market stands at USD 3.33 billion in 2025 and is projected to reach USD 6.98 billion by 2030, advancing at a 15.95% CAGR. Growing clinical adoption, expanding payer coverage, and AI-enabled interpretation technologies underpin this rapid scale-up. Larger commercial laboratories adopt multi-cancer and pharmacogenomic panels as bundled services, spurring reagent demand and repeat testing volumes. Payer acceptance widens following the Centers for Medicare & Medicaid Services (CMS) National Coverage Determination 90.2 and parallel private-insurer guidelines, easing the reimbursement barrier for high-complexity assays [1]Centers for Medicare & Medicaid Services, “Decision Memo for Next Generation Sequencing (NGS) for Medicare Beneficiaries with Advanced Cancer (CAG-00450R2),” cms.gov . At the same time, global population-scale sequencing initiatives and newborn screening pilots broaden the addressable test universe. Competitive intensity increases as full-stack providers knit sequencing platforms, informatics, and clinical reporting into single-vendor solutions, accelerating consolidation within the gene panel market.

Key Report Takeaways

  • By product category, Test Kits led with 65.45% revenue share in 2024; Testing Services are forecast to expand at a 16.77% CAGR through 2030.  
  • By technique, amplicon-based workflows held 62.34% of the gene panel market share in 2024, while hybridization capture approaches are poised to grow at 16.71% CAGR by 2030.  
  • By application, Cancer Risk Assessment accounted for 48.91% share of the gene panel market size in 2024 and Pharmacogenetics is set to rise at a 16.67% CAGR to 2030.  
  • By end user, Hospitals & Clinics captured 56.98% share in 2024; Diagnostic Laboratories are projected to advance at a 16.56% CAGR through 2030.  
  • By geography, North America commanded 42.45% revenue in 2024, while Asia-Pacific is forecast to expand at a 16.87% CAGR to 2030.

Segment Analysis

By Products & Services: Testing Services Drive Market Evolution

Testing Services revenue is on track for a 16.77% CAGR through 2030, reflecting laboratories’ pivot from kit sales toward bundled sequencing-plus-interpretation offerings. The gene panel market size for Testing Services is projected to climb as reimbursement and clinician familiarity encourage send-out testing. Multi-gene oncology panels anchor referral volumes, enabling labs to amortize infrastructure and cross-sell pharmacogenomic screening.  

Test Kits remain foundational, holding 65.45% revenue share in 2024 because hospitals still value in-house control over sample flows. Yet as CLIA-certified labs like Labcorp integrate Invitae’s oncology assets, they gain the scale to undercut hospital lab costs while guaranteeing 10-day turnaround for complex cases. Bioinformatics-only subscriptions—classified in the Others segment—grow as laboratories license AI pipelines such as QIAGEN QCI Interpret to process legacy FASTQ files, opening an asset-light entry path for regional players.

Gene Panel Market: Market Share by Products and Services
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Note: Segment shares of all individual segments available upon report purchase

By Technique: Hybridization Capture Gains on Amplicon Dominance

Amplicon-based methods generated 62.34% of total revenue, underpinned by rapid PCR amplification workflows suited to FFPE tissue and liquid biopsy applications. Nevertheless, hybridization capture systems will deliver a 16.71% CAGR to 2030, increasing their contribution as laboratories prioritize even coverage over speed for comprehensive genomic profiling.  

The gene panel market share held by amplicon platforms erodes gradually because hybrid capture demonstrates lower GC-bias and superior detection of copy-number variants in high-throughput oncology testing. Vendors like Roche and QIAGEN commercialize ready-to-run capture panels for circulating tumor DNA, allowing community labs to deploy liquid biopsy with minimal validation. Enzymatic DNA synthesis, while nascent, promises longer oligo length and greener chemistry, setting the stage for custom panel manufacturing at scale and further reshaping technique preferences.

By Application: Pharmacogenetics Accelerates Beyond Cancer Risk Assessment

Cancer Risk Assessment retained 48.91% revenue share in 2024 thanks to well-established hereditary cancer pathways and universal BRCA testing guidelines. Yet Pharmaco­genetics, is forecast to log the fastest 16.67% CAGR through 2030, lifting its share of the gene panel market size to nearly one-quarter. Hospital stewardship programs embed prescription alerts that automatically order pharmacogenomic panels before high-risk therapy initiation, normalizing routine testing.  

Multi-gene drug-metabolism panels save payers treatment-failure costs, helping negotiate value-based reimbursement contracts. Congenital and rare-disease diagnosis advances in parallel, fueled by ultra-rapid whole-genome protocols that return results in 20 hours for NICU admissions. Population-scale preventive programs, from Vermont’s 431-gene voluntary adult screen to South Korea’s Welfare Genome pilot, demonstrate high participant uptake, broadening future test demand within the gene panel market.

Gene Panel Market: Market Share by Application
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Note: Segment shares of all individual segments available upon report purchase

By End User: Diagnostic Laboratories Outpace Hospital Growth

Hospitals and clinics generated 56.98% of spending in 2025, because embedded genetic counselors and on-site phlebotomy simplify testing logistics. Diagnostic laboratories, however, will compound at 16.56% annually through 2030 as they exploit scale economies across centralized sample intake, robotics, and AI interpretation pipelines.  

Pharmaceutical and biotech companies raise demand for gene panels as companion diagnostics become prerequisites for market access. Agilent’s alliance with Incyte on hematology assays exemplifies co-development deals that lock specific panels into late-stage clinical trials. Research institutes leverage discounted panel pricing to sequence hundreds of thousands of samples for drug-target discovery, indirectly expanding the commercial installed base and cementing a service-oriented supply chain.

Geography Analysis

North America contributed 42.45% of global revenue in 2024, buoyed by CMS coverage under National Coverage Determination 90.2 and private-payer parity laws. U.S. reference labs roll out tumor-agnostic panels paired with real-time prescription decision support, capturing recurrent monitoring orders. Canada trials pan-province pharmacogenomic reimbursement frameworks to mitigate adverse drug events, while Mexico’s national genomics consortium negotiates cross-border sample logistics and shared variant databases.  

Asia-Pacific is the fastest growing geography with a 16.87% CAGR to 2030. China’s newborn sequencing pilots span more than 20 provincial hospitals, demonstrating cost per sample under USD 150 by pooling barcoded libraries. India’s GenomeIndia project seeds regional testing hubs and incentivizes private labs to meet a projected 12-million sample backlog by 2030. South Korea’s Welfare Genome Project links lifestyle coaching apps to sequencing results, increasing test completion rates and post-test engagement. Meanwhile, Japan’s national insurance funds 2 comprehensive cancer panels per patient lifetime, though rural access disparities persist due to specialist concentration in metropolitan centers.  

Europe posts steady adoption as the European Health Data Space clarifies secondary-use rights, albeit at the cost of stricter cross-border transfer compliance. Germany funnels de-identified genomic data into federally managed trusted research environments, catalyzing AI model training partnerships with health-tech start-ups. Switzerland mirrors Japanese reimbursement breadth but contends with patient-awareness gaps in non-urban cantons. Middle East and Africa remain latency markets; however, H3Africa builds local sequencing core facilities and distance-learning programs that nurture the talent base necessary for long-run gene panel market expansion.

Gene Panel Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The gene panel market features moderate fragmentation: platform leaders Illumina, Thermo Fisher, and Agilent anchoring sequencing chemistry, while service specialists such as Guardant Health, GeneDx, and QIAGEN scale proprietary interpretation software. Illumina’s NovaSeq X drives sub-USD 100 whole-genome sequencing economics, positioning the firm for expanded oncology and population-screening deals. Its partnership with Tempus AI extends into multimodal data integration, signaling a shift toward clinic-ready informatics pipelines.  

Acquisition activity intensifies as incumbents buy informatics assets. Labcorp’s USD 239 million Invitae oncology purchase folds panel design, wet-lab operations, and electronic-medical-record integration into a single invoice, enhancing clinician stickiness. GeneDx pursues the same model via the USD 51 million Fabric Genomics bid, aiming to decentralize wet-lab operations while balancing interpretive oversight centrally.  

Niche players chase white-space in population genomics and prenatal screens. Guardant Health launched a blood-based hereditary test covering 82 genes, compressing phlebotomy-to-report timelines. Start-ups building enzymatic DNA-synthesis platforms promise greener reagent supply chains and rapid custom-panel cycle times, threatening incumbent oligonucleotide manufacturers. As scale advantages accrue, the combined market share of the top five providers is estimated near 55%, leaving room for innovative entrants yet nudging the structure toward oligopolistic rivalry within the gene panel market.

Gene Panel Industry Leaders

  1. Illumina, Inc.

  2. Agilent Technologies, Inc.

  3. Thermo Fisher Scientific

  4. QIAGEN

  5. Danaher Corporation

  6. *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments

  • May 2025: Guardant Health released the Guardant Hereditary Cancer blood-based panel spanning 82 genes, delivering results in as little as two weeks.
  • April 2025: GeneDx agreed to acquire Fabric Genomics for up to USD 51 million, integrating AI interpretation with decentralized sequencing.
  • April 2025: Illumina partnered with Tempus AI to expand multi-disease genomic testing beyond oncology.
  • March 2025: Bio-Techne’s Asuragen brand and Oxford Nanopore launched the AmplideX Nanopore Carrier Plus Kit for carrier-screening research.

Table of Contents for Gene Panel Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Accelerating oncology-focused clinical adoption (NGS reimbursement expansion, 2025-2027)
    • 4.2.2 Increasing prevalence of multi-gene pharmacogenomic labels in FDA approvals
    • 4.2.3 Wider integration into newborn & carrier screening programs (post-2026 policy shifts)
    • 4.2.4 AI-powered interpretation tools slashing VUS rates and turnaround times
    • 4.2.5 Surge in custom gene-panel design demand from decentralized sequencing labs
    • 4.2.6 Untapped demand from population-scale genomic initiatives
  • 4.3 Market Restraints
    • 4.3.1 Escalating bio-informatics workforce shortage
    • 4.3.2 Data-sovereignty & cross-border transfer restrictions
    • 4.3.3 Payer push-back on large hereditary panels with limited clinical utility
    • 4.3.4 Supply-chain fragility for oligo/reagent-grade enzymes
  • 4.4 Regulatory Landscape
  • 4.5 Porters Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Products and Services
    • 5.1.1 Test Kits
    • 5.1.2 Testing Services
    • 5.1.3 Others
  • 5.2 By Technique
    • 5.2.1 Amplicon-Based
    • 5.2.2 Hybridization Capture
    • 5.2.3 Others
  • 5.3 By Application
    • 5.3.1 Cancer Risk Assessment
    • 5.3.2 Pharmacogenetics
    • 5.3.3 Congenital & Rare Disorders Diagnosis
    • 5.3.4 Carrier Screening
    • 5.3.5 Others
  • 5.4 By End User
    • 5.4.1 Hospitals and Clinics
    • 5.4.2 Diagnostic Laboratories
    • 5.4.3 Pharmaceutical & Biotech Companies
    • 5.4.4 Others
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 Australia
    • 5.5.3.5 South Korea
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East and Africa
    • 5.5.4.1 GCC
    • 5.5.4.2 South Africa
    • 5.5.4.3 Rest of Middle East and Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 Illumina Inc.
    • 6.3.2 Thermo Fisher Scientific
    • 6.3.3 Agilent Technologies Inc.
    • 6.3.4 QIAGEN
    • 6.3.5 F. Hoffmann-La Roche AG
    • 6.3.6 Danaher Corporation
    • 6.3.7 BGI Group
    • 6.3.8 Eurofins Scientific
    • 6.3.9 Novogene Co.
    • 6.3.10 Guardant Health
    • 6.3.11 Invitae Corporation
    • 6.3.12 Myriad Genetics
    • 6.3.13 Color Genomics
    • 6.3.14 Twist Bioscience
    • 6.3.15 ArcherDX (Invitae)
    • 6.3.16 Sophia Genetics
    • 6.3.17 Personalis Inc.
    • 6.3.18 Helix OpCo
    • 6.3.19 Geneseeq Technology
    • 6.3.20 GENEWIZ (Azenta)

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessmen

Global Gene Panel Market Report Scope

A gene panel is a study that analyzes several genes for cancer-related mutations at once. "Gene panels provide common ground among sequencing only one gene like BRCA1 that we are sure is engaged in disease risk and sequencing each gene in the genome.

By Products and Services
Test Kits
Testing Services
Others
By Technique
Amplicon-Based
Hybridization Capture
Others
By Application
Cancer Risk Assessment
Pharmacogenetics
Congenital & Rare Disorders Diagnosis
Carrier Screening
Others
By End User
Hospitals and Clinics
Diagnostic Laboratories
Pharmaceutical & Biotech Companies
Others
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
By Products and Services Test Kits
Testing Services
Others
By Technique Amplicon-Based
Hybridization Capture
Others
By Application Cancer Risk Assessment
Pharmacogenetics
Congenital & Rare Disorders Diagnosis
Carrier Screening
Others
By End User Hospitals and Clinics
Diagnostic Laboratories
Pharmaceutical & Biotech Companies
Others
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America

Key Questions Answered in the Report

What is the current value of the gene panel market?

The market is valued at USD 3.33 billion in 2025 and is forecast to reach USD 6.98 billion by 2030.

Which region is growing fastest for gene panel testing?

Asia-Pacific shows the quickest expansion with a projected 16.87% CAGR through 2030, driven by large-scale programs in China and India.

Why are hybridization capture techniques gaining traction?

They deliver more uniform coverage and better detection of complex variants, helping laboratories meet stringent quality metrics for comprehensive cancer panels.

How is AI changing gene panel interpretation?

AI reduces variants of uncertain significance, cuts reporting times, and scales analysis to hundreds of thousands of samples per year, boosting laboratory efficiency.

What factors limit wider adoption of gene panels?

Key hurdles include bioinformatics workforce shortages, data-sovereignty rules governing cross-border genomic data, and payer skepticism toward large hereditary panels with uncertain clinical utility.

Which application segment is projected to grow the fastest?

Pharmacogenetics leads with a 16.67% CAGR as FDA drug labels increasingly require multi-gene guidance for optimal therapy selection.

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