CARRIER SCREENING MARKET ANALYSIS

Global Carrier Screening Market – Dynamics

Rising mergers, agreements, and acquisitions by market players are expected to drive the global carrier screening market over the forecast period. For instance, in July 2017, Counsyl, Inc., entered into an expanded agreement with Angsana Molecular & Diagnostics Laboratory, a multinational laboratory services company, to commercialize expanded carrier screening (ECS) test in Hong Kong. Furthermore, in July 2018, Counsyl, Inc. was acquired by Myriad Genetics, Inc. The acquisition is expected to strengthen the genetic tests portfolio of Myriad Genetics, Inc.

Moreover, various launches and approvals of new carrier screening tests are likely to propel growth of the carrier screening market during the forecast period. For instance, in June 2018, Invitae Corporation, announced the launch of Invitae Carrier Screen, which is a test designed for enhanced risk assessment to determine the possibility of the child having a genetic disorder.