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.
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Direct-to-Consumer (DTC) Genetic Testing Market Scope and Methodology:
The Direct-to-Consumer (DTC) Genetic Testing Market requires a mix of both qualitative and quantitative research methods. Direct-to-Consumer (DTC) Genetic Testing Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.
The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Direct-to-Consumer (DTC) Genetic Testing market. The bottom-up approach was used to determine the global and regional Direct-to-Consumer (DTC) Genetic Testing market sizes.
Direct-to-Consumer (DTC) Genetic Testing Market Regional Insights:
The Direct-to-Consumer (DTC) Genetic Testing Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.
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Direct-to-Consumer (DTC) Genetic Testing Market Segmentation:
by Test Type
Carrier Testing
Predictive Testing
Ancestry & Relationship Testing
Others
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 xx% in 2023, 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.
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 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
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Key questions answered in the Direct-to-Consumer (DTC) Genetic Testing Market are:
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