Gene Panel Market Size and Share
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.
Global Gene Panel Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Oncology-focused clinical adoption through broader NGS reimbursement | +3.2% | North America & Europe, expanding to Asia-Pacific | Medium term (2-4 years) |
| Rising prevalence of multi-gene pharmacogenomic labels in FDA approvals | +2.8% | Global | Long term (≥ 4 years) |
| Integration into newborn and carrier screening programs | +2.1% | Global, led by developed markets | Long term (≥ 4 years) |
| AI-powered interpretation tools cutting VUS rates and turnaround | +3.5% | Global, concentrated in high-volume labs | Short term (≤ 2 years) |
| Custom panel demand from decentralized sequencing labs | +1.9% | Asia-Pacific core, spill-over to Middle East & Africa | Medium term (2-4 years) |
| Population-scale genomic initiatives | +2.0% | National programs worldwide | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Accelerating Oncology-Focused Clinical Adoption Through NGS Reimbursement Expansion
Expanded payer coverage transforms oncology testing economics and speeds the shift from sequential single-gene assays to comprehensive panels. CMS Local Coverage Determination L37810 now covers advanced solid tumors, while Blue Cross Blue Shield networks codify medical-necessity criteria such as pre-test counseling and relevant family histories. Value-based care reimbursement aligns with upfront genomic profiling because early molecular stratification reduces downstream chemotherapy failures. Community oncology practices adopt panel testing as standard of care, shortening diagnostic odysseys and boosting targeted-therapy utilization. Laboratories leverage this demand spike by bundling tissue and blood-based assays, thereby enlarging the total order value per patient. The resulting volume gains reinforce economies of scale and lower the unit cost curve across the gene panel market.
AI-Powered Interpretation Tools Slashing VUS Rates and Turnaround Times
Artificial-intelligence engines digest millions of prior case variants and real-world outcomes, converting raw NGS data into concise clinical reports within hours. Invitae’s Clinical Variant Modeling lowered variants of uncertain significance by 24% for Lynch syndrome genes across 4 million samples [2]Invitae Corp., “Clinical Variant Modeling: Reducing Uncertainty in Genetic Testing,” invitae.com . QIAGEN’s QCI Interpret now handles 850,000 cases annually, delivering batch-level interpretation for high-throughput laboratories [3]QIAGEN N.V., “QCI Interpret Powers High-Throughput Clinical NGS,” qiagen.com . Early deployments show 30-50% reductions in report-generation labor and meaningful acceleration of patient management decisions. Academic consortia such as AI-MARRVEL demonstrate 98% precision in rare-disease variant classification, doubling diagnostic yields over traditional curation workflows. As AI models continue to learn from federated clinical repositories, algorithmic interpretation becomes a must-have differentiator across the gene panel market.
Increasing Prevalence of Multi-Gene Pharmacogenomic Labels in FDA Approvals
FDA labels referencing CPIC or PharmGKB pharmacogenomic guidance jumped sharply during 2024–2025 drug approvals, spanning cardiovascular, psychiatric, and oncology classes. The PREPARE study under the Department of Veterans Affairs showed a 30% cut in adverse drug reactions using a 12-gene panel before prescription. Medicare’s draft Local Coverage Determination requires panels to demonstrate actionability per CPIC tables, cementing coverage for multi-gene assays. Hospital antimicrobial stewardship programs incorporate pharmacogenomic alerts into electronic medical records, creating consistent test pull-through. Pharmaceutical sponsors co-develop companion diagnostics to derisk new-drug launches, fueling demand for analytically validated pharmacogenomic panels.
Wider Integration Into Newborn and Carrier Screening Programs
Sequencing costs abated at a 14% annual clip between 2021 and 2024, prompting policymakers to re-evaluate newborn screening menus. The U.S. Recommended Uniform Screening Panel now lists 35 conditions, with SMA reaching full state adoption in 2.1 years. China’s multicenter NGS newborn pilot confirmed feasibility for monogenic disorders, while India’s National Biobank Consortium earmarked funds for expanded carrier screening infrastructure. Pilot data show that broad panels identify risk variants in nearly 10% of couples pursuing assisted reproduction. Pay-for-performance incentives allow regional labs to bundle postpartum pharmacogenomic screening, generating recurring revenue streams within the gene panel market.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Bioinformatics workforce shortage | −2.3% | Global, acute in emerging markets | Medium term (2-4 years) |
| Data-sovereignty & cross-border restrictions | −1.8% | European Union, expanding to Asia-Pacific | Long term (≥ 4 years) |
| Payer push-back on hereditary panels with limited utility | −1.5% | North America & Europe | Medium term (2-4 years) |
| Supply-chain fragility for oligo and enzymes | −1.2% | Global, specialized manufacturing hubs | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Escalating Bioinformatics Workforce Shortage
Clinical labs confront a tight supply of accredited variant scientists as test complexity rises. Training pipelines lag behind job growth, with only 20 U.S. molecular genetics fellowship slots graduating annually. AI tools offset routine interpretation, but oversight roles still require certified professionals, creating bottlenecks in high-volume centers. African initiatives under H3Africa demonstrate similar gaps, prompting distance-learning programs for local researchers. Until broad upskilling closes the gap, turnaround-time gains from sequencing hardware will be capped, moderating expansion of the gene panel market.
Data Sovereignty and Cross-Border Transfer Restrictions
The European Health Data Space regulation permits secondary health-data use but demands explicit patient-level consent for cross-border transfers, raising compliance costs for multinational labs. Singapore’s Personal Data Protection Act imposes contractual clauses for genomic exports, while U.S. anti-China biotech bills tighten supply-chain scrutiny. These hurdles fragment global reference labs into regional silos, reducing dataset diversity and slowing AI model improvement. Consequently, test developers must stand-up in-country bioinformatics pipelines, inflating overhead and tempering the gene panel market’s scale benefits.
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.
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.
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.
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
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Illumina, Inc.
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Agilent Technologies, Inc.
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Thermo Fisher Scientific
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QIAGEN
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Danaher Corporation
- *Disclaimer: Major Players sorted in no particular order
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.
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.
| Test Kits |
| Testing Services |
| Others |
| Amplicon-Based |
| Hybridization Capture |
| Others |
| Cancer Risk Assessment |
| Pharmacogenetics |
| Congenital & Rare Disorders Diagnosis |
| Carrier Screening |
| Others |
| Hospitals and Clinics |
| Diagnostic Laboratories |
| Pharmaceutical & Biotech Companies |
| Others |
| 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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