Direct-to-Consumer (DTC) Genetic Testing Market Development Status, Sales Revenue And Worldwide Opportunities

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Direct-to-Consumer (DTC) Genetic Testing Market size was valued at US$ 2.02 Bn in 2023 and the total revenue is expected to grow at 13.1% through 2024 to 2030, reaching nearly US$ 4.79 Bn.

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

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Direct-to-Consumer (DTC) Genetic Testing Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Direct-to-Consumer (DTC) Genetic Testing market, with forecasts outspreading to the year.

By 2023, the direct-to-consumer (DTC) genetic testing market is expected to reach a valuation of 2.02 billion. During the specified forecast period of 2024–2030, the global direct-to-consumer (DTC) genetic testing market is anticipated to rise at a compound annual growth rate (CAGR) of 13.1%, reaching US$ 4.79 billion by 2030.

Due to the large population and rising incidence of chronic illnesses, the global Direct-To-Shopper (DTC) Testing market sector is dependent on these factors. The market is developing due to factors like rising medical service consumption spurred on by chronic disease prevalence and increased public awareness of Direct-To-Customer (DTC) testing. Furthermore, the Direct-To-Buyer (DTC) testing market is expanding due to the rising demand for Direct-to-Shopper (DTC) tests for the early diagnosis of various ailments.

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

by Test Type

Carrier Testing
Predictive Testing
Ancestry Relationship Testing
Others

The direct-to-consumer (DTC) genetic testing industry can be further classified into four categories based on the type of test: Carrier Testing, Predictive Testing, Ancestry Relationship Testing, and Others. Due to the rising demand for ancestry testing, the Ancestry Relationship Testing sector held the biggest share of in 2023. Easy to use, Ancestry Relationship Testing provides personalized information about your health, disease risk, and other traits, as well as an accurate heartbeat count. Genetic testing available directly to consumers raises awareness of hereditary illnesses. Major industrialized nations like Europe and Asia have now legalized the use of ancestry and connection tests.

by Distribution channel

Online-platform
Over-the-counter

by Application

Targeted analysis
Single Nucleotide Polymorphism Chip(SNP)
Whole Genome Sequence(WGS)

Direct-to-Consumer (DTC) Genetic Testing Market Scope and Methodology:

The report offers a detailed view of the Direct-to-Consumer (DTC) Genetic Testing market segments formed by combining various aspects. In addition, the report also discusses key drivers, restraints, potential growth opportunities, and challenges of the market. The report provides a comprehensive overview of the competitive market and in-depth analysis that helps companies identify significant changes in industry practices. The market report also studies the current state of the Direct-to-Consumer (DTC) Genetic Testing industry with projected future growth, technological developments, investment outlook, market economics and financial data. The study provides an in-depth description of each regional market size, growth rates and provides an overall picture. It provides in-depth information on key players in the industry and explains their approach to maintaining and growing Direct-to-Consumer (DTC) Genetic Testing market share.

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 Direct-to-Consumer (DTC) Genetic Testing Market Regional Insights

Direct-to-Consumer (DTC) Genetic Testing market is segmented into major regions such as North America, South America, Europe, Middle East and Africa, and Asia Pacific. These regions are divided into countries like the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia, and South Korea.

Direct-to-Consumer (DTC) Genetic Testing Market Key Players

1. Ancestry.com, LLC
2. 23andMe
3. Any Lab Test Now
4. Color Genomics, Inc.
5. Direct Laboratory Services, LLC
6. Easy DNA
7. Full Genomes Corporation, Inc.
8. Gene by Gene, Ltd.
9. Genesis Healthcare
10. Helix OpCo LLC
11. IDENTIGENE, LLC
12. Laboratory Corporation of America® Holdings
13. Living DNA
14. Mapmygenome India Limited
15. MyHeritage
16. Pathway Genomics
17. Positive Bioscience, Inc.
18. Quest Diagnostics, Inc.
19. Request A Test, Ltd.
20. Sonora Quest Laboratories LLC
21. Xcode Life Sciences

Table of content for the Direct-to-Consumer (DTC) Genetic Testing Market includes: 

Part 01: Executive Summary

Part 02: Scope of the Direct-to-Consumer (DTC) Genetic Testing Market Report

Part 03: Direct-to-Consumer (DTC) Genetic Testing Market Landscape

Part 04: Direct-to-Consumer (DTC) Genetic Testing Market Sizing

Part 05: Direct-to-Consumer (DTC) Genetic Testing Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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

  • What is Direct-to-Consumer (DTC) Genetic Testing?
  • What is the growth rate of the Direct-to-Consumer (DTC) Genetic Testing Market?
  • Which is the fastest-growing region in the Direct-to-Consumer (DTC) Genetic Testing market?
  • Which are the factors expected to drive the Direct-to-Consumer (DTC) Genetic Testing market growth?
  • What is the CAGR at which the Direct-to-Consumer (DTC) Genetic Testing market will grow during the forecast period?
  • What growth strategies are the players considering to increase their presence in Direct-to-Consumer (DTC) Genetic Testing?
  • What are the upcoming opportunities and trends for the Direct-to-Consumer (DTC) Genetic Testing Market?
  • What are the different segments of the Direct-to-Consumer (DTC) Genetic Testing Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Direct-to-Consumer (DTC) Genetic Testing Market?

Key Offerings:

  • Past Market Size and Competitive Landscape
  • Past Pricing and price curve by region
  • Market Size, Share, Size Forecast by Different Segment
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis

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