Direct-To-Consumer (DTC) Genetic Testing Global Market Report, Revenue Forecast, Insights To 2032


Posted November 2, 2023 by AkhilTBRC

Global direct-to-consumer (dtc) genetic testing market size is expected at $2.81 Bn by 2027 at a growth rate of 15.5%.

 
The Direct-To-Consumer (DTC) Genetic Testing Global Market Report 2023, provides comprehensive information on the direct-to-consumer (DTC) genetic testing market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Direct-To-Consumer (DTC) Genetic Testing Market’s Growth:

https://www.thebusinessresearchcompany.com/report/direct-to-consumer-dtc-genetic-testing-global-market-report

As per The Business Research Company’s Direct-To-Consumer (DTC) Genetic Testing Global Market Report 2023, the market size is expected to grow from $1.35 billion in 2022 to $1.58 billion in 2023 at a compound annual growth rate (CAGR) of 16.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global direct-to-consumer (DTC) genetic testing market is expected to grow to $2.81 billion in 2027 at a CAGR of 15.5%.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=8957&type=smp

Technological advancement is a key trend gaining popularity in the direct-to-consumer (DTC) genetic testing market. Major companies operating in the direct-to-consumer (DTC) genetic testing market are focused on developing technologically advanced solutions to sustain their position in the market. For instance, in March 2020, Superdrug Stores Plc, a UK-based health and beauty retailer, launched CircleDNA, an advanced home DNA test kit that uses next-generation sequencing (NGS) technology. The new technology is capable of offering whole-exome sequencing which measures 31 million DNA positions per person and can detect more than 90% of cancer mutations. Additionally, it provides test findings including cancer risk, illnesses, and brain health to discover actionable insights into their genetic blueprint which can be crucial for people and help them modify their lifestyles for the better.

The direct-to-consumer (DTC) genetic testing market is segmented:

1) By Type: Carrier Testing, Predictive Testing, Ancestry And Relationship Testing, Nutrigenomic Testing, Other Types
2) By Sample: Saliva, Urine, Blood
3) By Technology: Single Nucleotide Polymorphism Chips, Whole Genome Sequencing, Targeted Analysis
4) By Business Model: Health Planning Model, Comprehensive Genome Tests Model, Medical Precision Tests Model, Restricted Trait Tests Mode
5) By End User: Laboratories, Blood Banks, Nursing Homes, Hospitals, Imaging Centres, Home Care, Cosmetics, Other End-User

North America was the largest region in the direct-to-consumer (DTC) genetic testing market in 2022.

The table of contents in TBRC’s direct-to-consumer (DTC) genetic testing market report includes:
1. Executive Summary
2. Direct-To-Consumer (DTC) Genetic Testing Market Characteristics
3. Direct-To-Consumer (DTC) Genetic Testing Market Trends And Strategies
4. Direct-To-Consumer (DTC) Genetic Testing Market - Macro Economic Scenario
5. Direct-To-Consumer (DTC) Genetic Testing Market Size And Growth
………………………………………………………
26. Africa Direct-To-Consumer (DTC) Genetic Testing Market
27. Direct-To-Consumer (DTC) Genetic Testing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Direct-To-Consumer (DTC) Genetic Testing Market
29. Direct-To-Consumer (DTC) Genetic Testing Market Future Outlook and Potential Analysis
30. Appendix

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Last Updated November 2, 2023