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SNP Genotyping Market Soars USD 19.48 Bn by 2034

Single Nucleotide Polymorphism (SNP) Genotyping Market Trends & Competitive Benchmarking

Market insights predict the global single nucleotide polymorphism (SNP) genotyping industry will increase from USD 6.48 billion in 2024 to USD 19.48 billion by 2034, achieving a CAGR of 11.7%. The single nucleotide polymorphism (SNP) genotyping market is expanding due to rising genetic disorders as well as increasing developments in precision medicines. North America led the market due to the presence of advanced R&D sectors.

Category: Biotechnology Insight Code: 5616 Format: PDF / PPT / Excel

Shivani Zoting

Principal Consultant

Aditi Shivarkar

Reviewed By

Single Nucleotide Polymorphism (SNP) Genotyping Market Size, Analysis, Demand and Growth Rate Forecast 2034

The global single nucleotide polymorphism (SNP) genotyping market size is calculated at USD 6.48 in 2024, grew to USD 7.24 billion in 2025, and is projected to reach around USD 19.48 billion by 2034. The market is expanding at a CAGR of 11.7% between 2025 and 2034.

Single Nucleotide Polymorphism (SNP) Genotyping Market Size 2024 - 2034

Key Takeaways

  • The single nucleotide polymorphism (SNP) genotyping market is projected to exceed USD 6.48 Bn in 2024.
  • The value is expected to scale up to USD 19.48 Bn in 2034.
  • With rising demand and digital acceleration, 11.7% CAGR.
  • North America dominated the global single nucleotide polymorphism (SNP) genotyping market in 2024.
  • Asia Pacific is expected to be the fastest-growing during the forecast period.
  • By technology type, the PCR-based genotyping segment dominated the market in 2024.
  • By technology type, the sequencing-based genotyping segment is estimated to grow significantly at a notable CAGR during the forecast period.
  • By application type, the pharmacogenomics segment dominated the market in 2024.
  • By application type, the genetic testing segment is anticipated to be the fastest growing during the forecast period.
  • By sample type, the DNA segment dominated the market in 2024.
  • By sample type, the RNA segment is anticipated to grow significantly during the forecast period.
  • By end user, the pharmaceutical companies segment dominated the global single nucleotide polymorphism (SNP) genotyping market in 2024.
  • By end user, the research labs segment is predicted to grow significantly during the forecast period.

Key Metrics and Overview

Metric Details
Market Size in 2024 USD 6.48 Billion
Projected Market Size in 2034 USD 19.48 Billion
CAGR (2025 - 2034) 11.7%
Leading Region North America
Market Segmentation By Technology, By Application, By Sample Type, By End User, By Region
Top Key Players Invivoscribe, Veracyte, Thermo Fisher Scientific, 10X Genomics, Myriad Genetics, Illumina, Nanostring Technologies, QIAGEN, Roche, Oxford Nanopore Technologies, Personalis, Pacific Biosciences of California, Invitae, Bio-Rad Laboratories, Agilent Technologies

Market Overview

One of the most frequently occurring genetic variations is the single-nucleotide polymorphisms (SNPs). As per the public SNP databases, the total number of SNPs surpasses 9 million. For connecting the sequence variations to phenotypic changes, SNPs are used as markers. By utilizing this application of SNPs, the human physiology, as well as the molecular basis of diseases, can be easily understood. Thus, for this reason, new rapid, affordable, and accurate approaches for SNP analysis are being developed. Thus, with the help of SNP genotyping techniques, various strategies, as well as detection methods, are being developed.

  • In May 2025, Alpha-1 Antitrypsin Deficiency (AATD), a molecular diagnostic test that can accurately diagnose a major genetic cause of chronic obstructive pulmonary disease (COPD), was developed by the collaboration between National Jewish Health researchers and Advanced Diagnostic Laboratories. As per their studies, the speed and precision of AATD diagnosis are enhanced with the help of a novel 23-SNP alpha-1 antitrypsin (AAT) assay, by identifying multiple genetic mutations associated with the disease.
  • In April 2025, as an official 2025-2026 genetic testing partner, Baylor Genetics collaborated with the Child Neurology Society (CNS). This collaboration will help in the comprehensive genetic testing for the patients and families suffering from epilepsy, neurodevelopmental disorders (NDD), and other neurological concerns.

AI Integration in the Single Nucleotide Polymorphism (SNP) Genotyping Market

The data collected by the SNP genotyping method is complex to understand or interpret. Thus, with the help of AI integration as well as machine learning (ML) algorithms, the effects of the variants in the datasets can be understood more effectively. Hence, the algorithms such as neural networks, classification, ensemble, and regression are linked with genome-wide association studies (GWAS), which help in the collection of data related to the variants associated with diseases. Furthermore, it can be used in the identification of the significant single-nucleotide polymorphisms (SNP), detection of epistatic non-linear interaction, and integrated with other omics sets, as well as in disease risk assessment & prediction.

Market Dynamics

Driver

Growing Genetic Disorders

The genetic disorder within the population is rising. This, in turn, increases the demand for new diagnostic as well as treatment options. With the help of early diagnosis using SNP genotyping, early detection of risk factors is possible. Similarly, this helps in the effective management and treatment of genetic disorders. Furthermore, using SNP genotyping, precision medicine, as well as personalized medications depending on the characteristics of the patients, can be developed. Thus, all these factors drive the single nucleotide polymorphism (SNP) genotyping market growth, which in turn enhances patient outcomes.

Total No. of Genetic Disorders

The graph represents the total number of genetic disorders present. It indicates that there are different types of genetic disorders that are rising. Hence, it increases the demand for new diagnostic and treatment options for the effective management of these disorders. Thus, this in turn will ultimately promote the market growth.

Restraint

Complex Data Analysis

The data acquired with the help of SNP genotyping is highly complex, which requires the help of experts in the field of genetics, statistics, as well as bioinformatics. If the data is misinterpreted, it may increase the errors associated with it, increasing the risk of misdiagnosis. Furthermore, it also requires highly sophisticated equipment during the analysis procedures. Thus, all these factors make the data complex to analyze, which in turn makes the process time-consuming.

Opportunity

Increasing Precision Medications

SNP genotyping has various applications in diagnosis as well as treatment options. At the same time, it helps in delivering personalized and precise medications to the patients. Hence, with the rising genetic disease, the demand for the same is increasing. It helps in identifying the genetic characteristics of individuals, which helps in the formation of personalized medications. Moreover, this data is being used to identify the drug metabolism in the patients. Therefore, this helps in formulating effective precision medicines depending on the genetic factors of the patient. Thus, this promotes the single nucleotide polymorphism (SNP) genotyping market growth.

For instance,

  • In May 2025, new advanced precision medicines are being developed for the treatment of Alzheimer’s disease by utilizing APOE E4 genotyping into the pharmacogenomics (PGx) by the collaboration between the Department of Health- Abu Dhabi (DoH) and M42’s Biogenix Lab

Segmental Insights

PCR-Based Genotyping Segment Dominated in 2024

By technology type, the PCR-based genotyping segment dominated the market in 2024. The PCR-based genotyping provided fast results, along with enhanced accuracy and sensitivity. Moreover, it was affordable, which contributed to the market growth.

Sequencing-Based Genotyping Segment: Significant

By technology type, the sequencing-based genotyping segment is estimated to grow significantly at a notable CAGR during the forecast period. The sequencing-based genotyping is being used in the studies of various diseases. At the same time, it is also being used in personalized therapies.

Pharmacogenomics Segment Led in 2024

By application type, the pharmacogenomics segment dominated the market in 2024. The pharmacogenomics application provided various personalized treatment options for different diseases. Furthermore, different diagnostic options also enhanced the single nucleotide polymorphism (SNP) genotyping market growth.

Genetic Testing Segment: Fastest Growing

By application type, the genetic testing segment is anticipated to be the fastest growing during the forecast period. The increasing awareness, as well as diseases, are increasing the use of genetic testing for early detection of genetic variations. Similarly, the affordability and accuracy also contribute to the same.

DNA Segment Held the Major Share in 2024

By sample type, the DNA segment dominated the market in 2024. The easy collection without any use of invasive techniques, as well as faster identification of polymorphism, as SNPs may be present in it, were the factors due to the DNA samples dominating the market.

RNA Segment: Significantly Growing

By sample type, the RNA segment is anticipated to grow significantly during the forecast period. With the help of RNA samples, the mechanisms of various diseases can be easily understood. Moreover, the RNA-based biomarkers are also being used in the diagnosis and treatment of different diseases.

Pharmaceutical Companies Segment Dominated

By end user, the pharmaceutical companies segment dominated the global single nucleotide polymorphism (SNP) genotyping market in 2024. The pharmaceutical companies provided various personalized treatment options along with new diagnostic techniques for genetic disorders with enhanced safety. This increased the patient outcomes.

Research Labs Segment: Significantly Growing

By end user, the research labs segment is predicted to grow significantly during the forecast period. The research labs are developing various new precision medicines as well as diagnostic options, increasing the research conducted. This, in turn, is promoting the market growth.

Well-Developed R&D Drives North America

North America dominated the single nucleotide polymorphism (SNP) genotyping market in 2024. North America consisted of well-developed research and development facilities. This increased the research conducted using SNP genotyping for various diagnostic as well as treatment options. This contributed to the market growth.

The U.S. Single Nucleotide Polymorphism (SNP) Genotyping Market Trends

The research conducted in the U.S. is rising due to increasing demand for the use of early diagnostic methods for the detection of genetic mutations associated with cancer. This, in turn, is supported by the investments or the funding provided by the government.

The Canada Single Nucleotide Polymorphism (SNP) Genotyping Market Trends

Due to the increasing research and development in the industries as well as the institutes, the collaboration between them is also increasing. This contributes to the enhanced rates of the development of new diagnostic and treatment options using SNP genotyping.

Increasing Diseases Boost the Asia Pacific

Asia Pacific is estimated to host the fastest-growing single nucleotide polymorphism (SNP) genotyping market during the forecast period. Asia Pacific is facing a rise in the number of patients suffering from genetic disorders. This increases the demand for the use of SNP genotyping in the development of new screening and treatment approaches for the disease. This is also supported by the government, which enhances the market growth.

The China Single Nucleotide Polymorphism (SNP) Genotyping Market Trends

China is focused on the development of new diagnostic as well as treatment options to deal with the rising incidences of genetic disorders by utilizing SNP genotyping technologies. This is also supported by the government investments. 

The India Single Nucleotide Polymorphism (SNP) Genotyping Market Trends

 The rising genetic disorders are increasing the demand for early diagnosis and precision medications for their management in India. Thus, this increases the research and development procedure. Moreover, the government is also supporting it to make these approaches affordable.

Europe Driven by Increasing Research

Europe is expected to grow significantly in the single nucleotide polymorphism (SNP) genotyping market during the forecast period. Europe is experiencing a rise in the research conducted due to the increasing demand for the use of precision medication for the management of genetic disorders. It is further supported by the government investments and funding.

The Germany Single Nucleotide Polymorphism (SNP) Genotyping Market Trends

Germany is driven by the increasing demand for the use of precision medication. This, in turn, is increasing the research conducted in the industries as well as institutes. These are supported by the investments or funding provided by the government.

The UK Single Nucleotide Polymorphism (SNP) Genotyping Market Trends

New research is being conducted in the UK to develop effective precision medication for various genetic disorders. Furthermore, the rule and regulation laid by the regulatory bodies helps in their development as well as their approval process.

Top Companies in the Single Nucleotide Polymorphism (SNP) Genotyping Market

Single Nucleotide Polymorphism (SNP) Genotyping Market

Latest Announcements by Industry Leaders

  • In May 2025, to introduce a wellness genetic testing service through the Zest Wellness Biometric Screening programme, a collaboration between CariGenetics and CG Insurance was formed. During this, they stated that, by using education and evidence-based testing, precision wellness will be made available and accessible throughout the Caribbean by CariGenetics. Furthermore, a Caribbean Genome Programme, which is aimed at collecting the genetic data for approximately 100,000 Caribbean people for broader medical research, will also be conducted.
  • In April 2025, a surgical oncologist at Cedars-Sinai in Los Angeles, Alexandra Gangi, MD, stated that the parents with MEN1 carriers should begin the testing of their children at least at the age of 5 years. This is because if the test is positive, then there is a high chance of developing a tumor. Thus, this will help to plan for appropriate surveillance for the patients.

Recent Developments in the Single Nucleotide Polymorphism (SNP) Genotyping Market

  • In May 2025, a collaboration between the Philippines' The Medical City (TMC) and Gene Solutions was announced to develop a next-generation sequencing facility in Ortigas, which will provide DNA testing for cancer and prenatal screening.
  • In May 2025, for early and accurate identification of genetic mutations, including the ones associated with cancer, a quantum AI nanotechnology was developed by the Indian Institute of Technology, Indore. It will provide a quick, high-resolution, affordable, epigenetic, and artificial DNA sequencing.

Segments Covered in the Report

By Technology

  • PCR-Based Genotyping
  • Sequencing-Based Genotyping
  • Chip-Based Genotyping

By Application

  • Pharmacogenomics
  • Genetic Testing
  • Disease Diagnosis
  • Forensic Science

By Sample Type

  • DNA
  • RNA
  • Blood
  • Saliva

By End User

  • Research Labs
  • Pharmaceutical Companies
  • Clinical Laboratories
  • Forensic Labs

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
    • Europe
  • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 14 May 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Shivani Zoting is a healthcare market research expert with 2+ years of experience, specializing in analyzing trends, identifying growth opportunities, and providing actionable insights for businesses across healthcare sectors.

Learn more about Shivani Zoting

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

The measurement of genetic variations in the single-nucleotide polymorphisms (SNPs) among the members of the species is known as single-nucleotide polymorphism (SNP) genotyping.

Growing genetic disorders drive the market.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.