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Direct-to-consumer Genetic Testing Market Set to Reach US$ 4521.7 Million, Driven by 15.7% CAGR Amid Growing Demand for Personalized Healthcare

Synopsis

Direct-to-consumer (DTC) genetic testing is a type of genetic test that is accessible directly to the consumer without having to go through a health care professional. Usually, to obtain a genetic test, health care professionals (such as doctors) acquire their patient’s permission and then order the desired test. DTC genetic tests, however, allow consumers to bypass this process and order DNA tests themselves.

Highlights

The global Direct-to-consumer Genetic Testing Market was valued at US$ 1600.3 million in 2022 and is anticipated to reach US$ 4521.7 million by 2029, witnessing a CAGR of 18.9% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global direct-to-consumer genetic testing main players include 23andMe, MyHeritage, LabCorp, Myriad Genetics, Ancestry.com, etc., totally accounting for about 50% of the market. North America is the largest market, with a share over 60%. As for the types of products, it can be divided into diagnostic screening, preimplantation genetic diagnosis (PGD) and relationship testing. The most common product is relationship testing, with a share over 55%. In terms of applications, it is widely used in online and offline. Online is the largest application, holding a share over 68%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Direct-to-consumer Genetic Testing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Direct-to-consumer Genetic Testing.

The Direct-to-consumer Genetic Testing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Direct-to-consumer Genetic Testing market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Direct-to-consumer Genetic Testing companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

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By Company

• 23andMe
• MyHeritage
• LabCorp
• Myriad Genetics
• Ancestry.com
• Quest Diagnostics
• Gene By Gene
• DNA Diagnostics Center
• Invitae
• IntelliGenetics
• Ambry Genetics
• Living DNA
• EasyDNA
• Pathway Genomics
• Centrillion Technology
• Xcode
• Color Genomics
• Anglia DNA Services
• African Ancestry
• Canadian DNA Services
• DNA Family Check
• Alpha Biolaboratories
• Test Me DNA
• 23 Mofang
• Genetic Health
• DNA Services of America
• Shuwen Health Sciences
• Mapmygenome
• Full Genomes

Segment by Type

• Diagnostic Screening
• Preimplantation Genetic Diagnosis (PGD)
• Relationship Testing

Segment by Application

• Online Direct-to-consumer Genetic Testing
• Offline Direct-to-consumer Genetic Testing

By Region

• North America (United States, Canada)
• Europe (Germany, France, U.K., Italy, Russia)
• Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
• Latin America (Mexico, Brazil, Argentina, Colombia)

Core Chapters

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Direct-to-consumer Genetic Testing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

Read More Related Research Reports:

DTC Genetic Testing Market: https://www.themarketreports.com/report/global-dtc-genetic-testing-market-research-report

Newborn and Prenatal Genetic Testing Market: https://www.themarketreports.com/report/global-newborn-and-prenatal-genetic-testing-market-research-report

Genetic Testing Services Market: https://www.themarketreports.com/report/global-genetic-testing-services-market-research-report

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