Direct-to-Consumer Genetic Testing Market: Agile and Customer-Centric Approaches for Untapped Opportunities
The latest report, titled ‘Global Direct-to-Consumer Genetic Testing Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Direct-to-Consumer Genetic Testing market scenario. The research report provides the reader with an in-depth interpretation of the Direct-to-Consumer Genetic Testing market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Direct-to-Consumer Genetic Testing industry. The market intelligence report is a prototype of the 360° overview of the global Direct-to-Consumer Genetic Testing industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.
The global Direct-to-Consumer Genetic Testing Market is forecasted to reach USD 3.33 Billion by 2027, according to a new report by Emergen Research. Increasing genetic disease incidence would fuel competition for direct-to-consumer genetic testing and accelerate market development across the expected timeframe. Increasing cases of hereditary disorders such as breast cancer, achondroplasia, colorectal cancer and other diseases have increased the need for cost-effective and reliable avenues of genetic testing in the healthcare industry. For reference, according to the World Cancer Research Fund (WCRF), more than 2 million new cancer cases were reported globally in 2018. Breast cancer is now considered to be the second most prevalent disease. The introduction of a superior standard and innovative direct-to-consumer genetic testing has significantly lowered mortality levels of people with cancer by maintaining diligence surveillance data even before the onset of the disease. The preceding conditions would, therefore, accelerate the demand for direct-to-consumer genetic testing to reverse the timetable for the prediction.
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The latest research report is dubbed as the first document encompassing the latest information about the Direct-to-Consumer Genetic Testing market that has been gravely affected by the COVID-19 pandemic. The global health crisis poses significant threats to the future growth of the Direct-to-Consumer Genetic Testing industry. The report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.
Market Overview:
The report bifurcates the Direct-to-Consumer Genetic Testing market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Direct-to-Consumer Genetic Testing Market Segmentation:
-
Test Type Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Carrier Testing
- Predictive Testing
- Ancestry & Relationship Testing
- Nutrigenomics Testing
- Others
-
Distribution Channel Outlook (Volume, Kilotons; 2017-2027, Revenue, USD Billion; 2017-2027)
- Online Platforms
- Over-the-Counter
-
Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Targeted Analysis
- Single Nucleotide Polymorphism Chips (SNP)
- Whole Genome Sequencing (WGS)
It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as
23andMe, Full Genome Corporation, Color Genomics, Genesis Healthcare, Helix OpCo LLC, FamilyTreeDNA, MyHeritage, Identigene, Pathway genomics, and Living DNA, among others
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Global Direct-to-Consumer Genetic Testing Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- R&D Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers & Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Regional Landscape section of the Direct-to-Consumer Genetic Testing report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Highlights of Table of Contents (TOC):
- Overview of Global Direct-to-Consumer Genetic Testing Market
- Competitive analysis of the Direct-to-Consumer Genetic Testing market
- Regional analysis of Global Direct-to-Consumer Genetic Testing market production and revenue
- Regional analysis of Global Direct-to-Consumer Genetic Testing market supply, consumption, and export & import
- Type-based market analysis of global Direct-to-Consumer Genetic Testing production, revenue, and price trends
- Application-based analysis of the global Direct-to-Consumer Genetic Testing market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Direct-to-Consumer Genetic Testing market
- Global Direct-to-Consumer Genetic Testing market forecast (2020-2027)
- Conclusion of the research report
- Appendix
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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