Direct-to-Consumer Genetic Testing Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Published Date: April 25, 2020 |

The global Direct-To-Consumer Genetic Testing market size was accounted more than USD 800 million in 2019 and expected to register at significant CAGR more than 13% during the forecast period 2020 to 2027. Increased prevalence of genetic diseases such as alzheimer’s, cancer, and cystic fibrosis are some of the key factors to drive the market growth positively. According to new scientific study published by European Journal of Human Genetics, more than 300 people worldwide are suffering from rare disease. It is 3.5% - 5.9% of the world population. Therefore, the adaptation of DTC genetic testing for early detection of diseases will increase the market growth.

Increasing demand for DTC genetic kits and demand for personalized medicine to treat genetic diseases drive the market growth. However, the high cost of DTC genetic testing kits and defects may inhibit the growth of the direct-to-consumer genetic testing market. The market is segmented on the basis of distribution channel, business model, and region. On the basis of business model, the medical precision test segment is expected to fastest growing segment during the forecast period. By distribution channel, online sales segment was accounted the largest market share in terms of revenue and expected to grow at highest CAGR during the forecast period.

The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The report titled "Direct-to-Consumer Genetic Testing Market: Global Industry Size, Share, Market Trends, Competitive Analysis and Forecast - 2020-2027", recently published by Research Corridor covering global market size for direct-to-consumer genetic testing market for the key segments and further cross-regional segmentation of these segments for the period 2020 to 2027.

According to Research Corridor, this study will provide in-depth analysis of segments on the basis of current trends, market dynamics and country level analysis of direct-to-consumer genetic testing industry. This report provides market estimates and forecast for the period 2018-2027, along with respective CAGRs for each segment and regional distribution for the period 2020-2027. In depth analysis of competitive landscape, porter's five forces model, value chain analysis, and pricing strategies are also covered in the report scope.

Historical & Forecast Period

  • 2018 - Historical Year for Direct-to-Consumer Genetic Testing Market
  • 2019 - Base Year for Direct-to-Consumer Genetic Testing Market
  • 2020-2027 - Forecast Period for Direct-to-Consumer Genetic Testing Market

The direct-to-consumer genetic testing market report offers a primary overview of the direct-to-consumer genetic testing industry covering different product definitions, classifications, and participants in the industry chain structure. The quantitative and qualitative analysis is provided for the global market considering competitive landscape, development trends, and key critical success factors (CSFs) prevailing in the direct-to-consumer genetic testing industry.

Direct-to-Consumer Genetic Testing Market Segmentation:

By Business Model:

  • Genome Data Bank Material Model
  • Individual Health Planning Model
  • Comprehensive Genome Tests Model
  • Medical Precision Tests Model
  • Restricted Trait Tests Model

By Distribution Channel:

  • On-line Sales
  • OTC Sales
  • Doctor’s Office

List of Key Companies:

  • deCODE Genetics, Inc.
  • Color Genomics, Inc.
  • Gene By Gene, Ltd.
  • com, Inc.
  • Myriad Genetics, Inc.

Geographic Coverage

  • North America Market Revenue and/or Volume
  • Europe Market Revenue and/or Volume
  • Asia Pacific Market Revenue and/or Volume
  • Middle-East and Africa Market Revenue and/or Volume
  • Latin America Market Revenue and/or Volume

Key Questions Answered by Direct-to-Consumer Genetic Testing Market Report

  • Which segments (product type/applications/end-use/technology, etc) were most attractive for investments in 2019? How are these segments expected to fare during the forecast period 2020-2027?
  • What will be the CAGR (Compound Annual Growth Rate) of direct-to-consumer genetic testing market during the forecast period?
  • What was the direct-to-consumer genetic testing market size in 2018 and 2019; what are the estimated growth trends and market forecast for 2020-2027?
  • Which manufacturer/vendor/provider in the direct-to-consumer genetic testing industry was the market leader in 2019? Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market?

(Reports will be updated due to COVID-19 impacts on the market)

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