Global market valuation was derived through revenue mapping and test volume analysis. The methodology included:
Identification of 55+ key manufacturers and service providers across North America, Europe, Asia-Pacific, and Latin America covering sequencing platforms, consumables/reagents, testing services, and bioinformatics interpretation
Product and service mapping across single gene tests, multi-gene panels (hereditary cancer, cardiovascular, neurological), whole exome sequencing, whole genome sequencing, non-invasive prenatal testing (NIPT), and pharmacogenomic testing categories
Analysis of reported and modeled annual revenues specific to genetic testing portfolios and laboratory service operations
Coverage of manufacturers and laboratory service providers representing 75-80% of global market share in 2024
Extrapolation using bottom-up (test volume × average selling price by country by test type: newborn screening volumes from national programs, prenatal testing adoption rates, oncology companion diagnostic penetration) and top-down (manufacturer revenue validation and NGS platform installation base analysis) approaches to derive segment-specific valuations
Integration of reimbursement data from CMS fee schedules (CPT 81400-81479 codes), commercial payor coverage policies, and out-of-pocket direct-to-consumer pricing to model average revenue per test (ARPT) across clinical and homecare settings
Validation against public health newborn screening databases (approximately 4 million annual births screened in US alone) and global prenatal cfDNA testing volumes to anchor market sizing in verifiable procedure statistics