Global Direct-to-Consumer (DTC) Genetic Testing Market Growth, Trends, Size, Future Plans, Revenue and Forecast 2026


Global Direct-to-Consumer (DTC) Genetic Testing Market size was valued at US$ 1.24 Bn in 2019 and the total revenue is expected to grow at 13.1% through 2021 to 2027, reaching nearly US$ 3.33 Bn.

Global Direct-to-Consumer (DTC) Genetic Testing Market Overview:

The research study on the Global Direct-to-Consumer (DTC) Genetic Testing Market offers a comprehensive analysis of critical factors, including growth drivers, key obstacles, and opportunities, which will have an impact on market trends over the projection period. It provides the essential data and in-depth analysis to help in formulating the best commercial strategy and choosing the best course for the market's participants to experience the greatest growth. It thoroughly examines the geographic landscape of the industry, focusing on crucial elements including total sales, revenue, growth rate, and future prospects of the regional markets.

Various approaches are used in the Global Direct-to-Consumer (DTC) Genetic Testing Market report investigations and analyses to give accurate and comprehensive market information. The reader is then provided further details about each area to help them comprehend its potential for growth and position in the market. The researchers gathered the information for the report using both primary and secondary methods. The same facts were also used to establish the current market scenario. This study is intended to assist readers in gaining broader, better, and clearer understanding of the market.

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Global Direct-to-Consumer (DTC) Genetic Testing Market Segmentation:

Based on test type, the direct-to-consumer (DTC) genetic testing market is sub-segmented into Carrier Testing, Predictive Testing, Ancestry & Relationship Testing, and Others. The Ancestry & Relationship Testing segment held the largest share of in 2019, owing to the growing demand for ancestry tests. Ancestry & Relationship Testing are easy to use, it gives an accurate count of the heartbeats, it provides personalized information about your health, disease risk, and other traits. Direct-to-consumer genetic testing promotes awareness of genetic diseases. Ancestry and relationship tests segment are now approved in major developed countries like Europe and Asia.

Global Direct-to-Consumer (DTC) Genetic Testing Market key players:

• Ancestry.com, LLC
• 23andMe
• Any Lab Test Now
• Color Genomics, Inc.
• Direct Laboratory Services, LLC
• Easy DNA
• Full Genomes Corporation, Inc.
• Gene by Gene, Ltd.
• Genesis Healthcare
• Helix OpCo LLC
• IDENTIGENE, LLC
• Laboratory Corporation of America® Holdings
• Living DNA
• Mapmygenome India Limited
• MyHeritage
• Pathway Genomics
• Positive Bioscience, Inc.
• Quest Diagnostics, Inc.
• Request A Test, Ltd.
• Sonora Quest Laboratories LLC
• Xcode Life Sciences

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The readers will be informed about the key rivals in this area. This study has looked at the crucial growth strategies employed by these participants to maintain their position, including new product invention, product portfolio intensification, mergers and acquisitions, collaborations, and regional development. Along with business strategy, the report typically includes recent developments and important financial data.

COVID-19 Impact:

The complete supply chain of the Global Direct-to-Consumer (DTC) Genetic Testing market has been significantly damaged by the COVID-19 pandemic. The market has been impacted by the stoppage of production and end-use sector operations. The pandemic has an impact on the industry's overall growth. The sudden spread of the COVID-19 pandemic caused the imposition of strict lockdown laws across various nations in 2020 and at the beginning of 2021, causing in disruptions in the import and export activities of Global Direct-to-Consumer (DTC) Genetic Testing services.

The three primary ways that COVID-19 can have an effect on the economy are by directly altering supply and demand, by disrupting the market and supply chain. Furthermore by having an effect on the economy's commercial and financial markets. According to our analysts who are keeping an eye on the situation ly, the market will present producers with enticing opportunities following the COVID-19 issue.

Our research experts will assist you in getting precise information for your report that is customized to a certain region, application, or statistical detail. In order to make the market research more comprehensive from your perspective, we are also always willing to work with research that has been triangulated with your own data.

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Published in

Health , Health

Published on

Dec 03, 2022

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