The Consumerization of Genomics: DTC Genetic Testing Market to Surge to by 2029


Direct-to-Consumer (DTC) Genetic Testing Market size was valued at US$ 1.58 Bn in 2021 and the total revenue is expected to grow at 13.1% through 2021 to 2029, reaching nearly US$ 4.24 Bn.

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Market Overview

The Direct-to-Consumer (DTC) Genetic Testing Market research report (2022-2029) analyses the market's size, share, future development, cost structure, and factual and comprehensive data. Planners and industry participants may find the research useful in developing their future business approaches. Market research Direct-to-Consumer (DTC) Genetic Testing Market  covers current and future trends that are driving the development of the market.

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Market Scope:

The analysis by Maximize Market Research focuses on the most important regional market share data. Simultaneously, it highlights the most important aspects of each regional market's growth tendencies. The research also provides critical information on important variables such as market share, size, and growth rate, based on the in-depth analysis. Other areas of the economic prognosis, such as investment feasibility, demand and supply, import and export status, supply chain management, and growth predictions, disclose a lot about the economy's prospects between 2022 and 2029. Each and every numerical and statistical data is presented in the tabular form and graphic images which are going to help incorporate in business presentation and quick decision making.

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Segmentation: 

The direct-to-consumer (DTC) genetic testing market is further divided into four categories based on the sort of test: carrier testing, predictive testing, ancestry & relationship testing, and others. Due to the rising demand for ancestry tests, the Ancestry & Relationship Testing segment had the biggest proportion of xx% in 2021. It is simple to use, provides an exact count of heartbeats, and offers personalised data about your health, disease risk, and other characteristics. Genetic testing offered directly to consumers raises public knowledge of genetic diseases. The use of relationship and ancestry tests is now permitted in many industrialised nations, including Asia and Europe.

The direct-to-consumer (DTC) genetic testing market is divided into targeted analysis, single nucleotide polymorphism chip (SNP), and whole genome sequencing based on an application (WGS). The Single Nucleotide Polymorphism Chip (SNP) segment had the largest market share of xx% in 2021 because of its adaptability and ease of quick data administration. The growth of the market is ascribed to rising research expenditures as well as escalating demand for advanced and next-generation diagnostic and detection tools for genetic disorders. During the forecast period, the market's growth is anticipated to be enhanced by the growing usage of SNP chips in applications such as gene expression profiling, novel drug identification, identifying differences in gene expression levels in cells, and detecting mutations in specific genes.

 

Key Players:

  • • 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

COVID-19 Impact Analysis on Direct-to-Consumer (DTC) Genetic Testing Market : https://www.maximizemarketresearch.com/request-sample/113891 

Regional Analysis:

The global Direct-to-Consumer (DTC) Genetic Testing Market 's report focuses on the global regions such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Report also covers market Size of Direct-to-Consumer (DTC) Genetic Testing Market  along with growth forecast 2022-2029, including industries, major regional players/suppliers, and market share by regions. Government initiatives in the sector and regulations and rein in rising expenses drive the Direct-to-Consumer (DTC) Genetic Testing Market  growth in the region.

Key Questions answered in the Direct-to-Consumer (DTC) Genetic Testing Market  Report are:

  • What is Direct-to-Consumer (DTC) Genetic Testing Market ?
  • What is the forecast period of the Direct-to-Consumer (DTC) Genetic Testing Market ?
  • What is the competitive scenario of the Direct-to-Consumer (DTC) Genetic Testing Market ?
  • Which region held the largest market share in the Direct-to-Consumer (DTC) Genetic Testing Market ?
  • What are the opportunities for the Direct-to-Consumer (DTC) Genetic Testing Market ?
  • What factors are affecting the Direct-to-Consumer (DTC) Genetic Testing Market  growth?
  • Who are the key players of the Direct-to-Consumer (DTC) Genetic Testing Market ?
  • Which company held the largest share in the Direct-to-Consumer (DTC) Genetic Testing Market ?
  • What will be the CAGR of the Direct-to-Consumer (DTC) Genetic Testing Market  during the forecast period?
  • What key trends are likely to emerge in the Direct-to-Consumer (DTC) Genetic Testing Market  in the coming years?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Direct-to-Consumer (DTC) Genetic Testing Market
  • Landscape- Leading key players and other prominent key players.

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Published in

Health , Business

Published on

Mar 08, 2023

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