openPR Logo
Press release

In Depth Analysis on Direct-to-Consumer (DTC) Genetic Testing Market| Key Players: 23andMe, AncestryProGenealogists, Color Genomics

03-11-2019 06:06 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc

Direct-to-Consumer (DTC) Genetic Testing Market

Direct-to-Consumer (DTC) Genetic Testing Market

Direct-to-Consumer (DTC) Genetic Testing Market is set to exceed USD 2.5 billion by 2024; according to a new research report by Global Market Insights. Growing incidences of genetic and rare disorders worldwide coupled with wide applications of direct-to-consumer genetic testing in early detection and prevention of oncology as well as other genetic diseases will drive the DTC genetic testing market growth in the coming years.

Rising awareness among patients pertaining to early disease diagnosis will result in timely treatment and reduced mortality rate. Additionally, technological innovations in direct-to-consumer genetic testing to offer enhanced efficiency, high sensitivity and accuracy will serve to be a significant impact rendering factor. Moreover, increasing adoption of carrier testing at a very early stage of pregnancy will further augment the business growth during forecast period.

Request for a sample of this research report @

DTC predictive testing segment accounted for USD 110.8 million revenue in 2017 and is expected to witness significant growth over the analysis timeframe. Ability of predictive tests to provide information regarding likelihood of acquiring certain diseases at a later stage in life increases its adoption among the consumers. Increasing awareness among people pertaining to early disease detection to undergo timely treatment and minimize the severity of diseases will further foster segment growth in the coming years.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• 23andMe
• AncestryProGenealogists
• Color Genomics
• EasyDNA
• Family Tree DNA
• Full Genomes, Inc.
• Genesis Healthcare System
• Helix
• Karmagenes SA
• Living DNA
• Mapmygenome
• Pathway Genomics Corporation

DTC carrier testing segment is projected to show robust growth with a CAGR of 19.8% during the forecast period. Carrier testing is primarily done before or during pregnancy to determine whether an individual is a carrier of certain genetic disorders. As per the Centers for Disease Control and Prevention (CDC), each year about 3% of all the new-borns in the U.S. are affected by some or other birth defects resulting in infant mortality. This will increase the adoption of carrier testing among the pregnant women, to determine the risks of child inheriting one of genetic disorders after birth, thereby augmenting the segment growth.

Whole genome sequencing (WGS) segment was valued at USD 77.8 million revenue in 2017 and will witness considerable growth by 2024. The segment growth is attributed to the ability of whole genome sequencing technology to examine entire human genome and provide information regarding majority of variation present in individual genome. However, high price associated with whole genome sequencing may impede the segment growth up to certain extent during the forthcoming years.

Make an inquiry for purchasing this report @

U.S. direct-to-consumer genetic testing market accounted for more than 91% revenue share of total North America Market in 2017 and will show robust growth over the analysis period. The growth is attributed to the rising incidences of genetic diseases in the country, high awareness among people regarding genetic testing as well as technological advancements. Moreover, regulatory support for direct to consumer genetic testing coupled with high healthcare spending will boost the business growth over the forecast timeline.

Direct-to-Consumer Genetic Testing Market, by Test Type (USD Million) (000’ Units)
o Carrier testing
o Predictive testing
o Ancestry and relationship testing
o Nutrigenomics testing

Direct-to-Consumer Genetic Testing Market, by Technology (USD Million)
o Targeted analysis
o Single nucleotide polymorphism (SNP) chips
o Whole genome sequencing (WGS)

Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.

Global Market Insights, Inc.
4 North Main Street
Selbyville, Delaware 19975 USA
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release In Depth Analysis on Direct-to-Consumer (DTC) Genetic Testing Market| Key Players: 23andMe, AncestryProGenealogists, Color Genomics here

News-ID: 1646627 • Views: 490

More Releases from Global Market Insights, Inc

Refractories Market 2020 by top key players Saint-Gobain, Morgan Advanced Materi …
Global Refractories Market size was estimated at USD 30 billion in 2018 and is projected to surpass USD 41 billion by the year 2025. Refractories market is classified into monolithic, brick & shapes and others. Other refractories products is expected to gain close to 3% by 2025. Other refractory products include ceramic fibers and refractories raw materials used for manufacturing refractories inhouse. Ceramic fibers are lightweight, has high temperature stability and
Offshore Crane Market Trends 2020 By Industry Players Liebherr Group, National O …
The size of the overall Offshore Crane Market was recorded at USD 2.5 billion in the year 2018 and is now projected to surpass around USD 5 billion by 2026. The ongoing exploration of new offshore oil & gas fields will surge the demand for offshore cranes. The growing demand for maintenance & repair of oil & gas extraction systems will drive the offshore crane market growth. The equipment is primarily
Assisted Reproductive Technology Market Top Players | Cooper Surgical Inc., Cook …
Assisted Reproductive Technology Market will reach over USD 32.5 billion by 2024; as per a new research report. Increasing number of people suffering from infertility issues coupled with rising awareness about assisted reproductive technology (ART) will drive ART market over the forecast timeframe. Furthermore, changing social factors and rising disposable income should positively impact industry expansion. Procedures such as in-vitro fertilization are offered at low cost in developing countries such as
What's driving the Lithopone Market growth? | Leading Key Players Titanos, Langf …
A report by DecResearch estimates that the lithopone market size will be valued at over $235 million by 2025. Rapid global urbanization has given rise to a thriving construction industry which is a significant contributor to the lithopone market growth. The strong reducing power and chemically inert nature of lithopone has led to its extensive application across numerous industries including paints & coatings, paper& pulp, rubber, leather, plastics and linoleum

All 5 Releases

More Releases for DTC

Global Genetic Testing for Consumers (DTC) Market Share 2020-2025
Coronavirus-Covid 2019 has a significant impact on the global market economy, so it is important to find a correct strategy to deal with it. Our analysis team will track key datasets including Revised Vendor Landscape Mix, Revenue Impact analysis, New opportunities mapping, ?Disruptions and New opportunities in the Supply Chain etc. The?research report published by GLOBAL INFO RESEARCH?is a comprehensive study of the global Genetic Testing for Consumers (DTC)?market. The subject
Easyops Launches EasyOMS 3.0 to help DTC brands
EasyOMS 3.0 is a culmination of 3 years of effort working with some of the most successful DTC brands in India. EasyOMS provides DTC brands with an integrated platform to manage integrate their inventory in the cloud and manage their multi-channel sales. EasyOMS comes with powerful OMS features to manage unified order fulfillment and handle complex supply chain requirements for cross border dropshipping. Direct to Consumer (DTC) brands are disrupting the traditional
DTC Testing Market Size, Share, Development by 2024
Market Research Report Store offers a latest published report on DTC Testing Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables:   With advances in technology, the completion of
Global DTC Testing Market 2019 - MD Revolution, Myriad Genetics, Navigenics
With advances in technology, the completion of the sequencing of the human genome and the pressures of capitalism, direct to consumer (DTC) laboratory testing is becoming increasingly popular. The growing market for DTC laboratory testing may promote awareness of health issues and genetic diseases, which could allow patients to take a more proactive role in their healthcare. In 2019, the market size of DTC Testing is xx million US$ and
Global Direct-to-Consumer (DTC) Genetic Testing Market Research Report 2018: deC …
Qyresearchreports include new market research report Global Direct-to-Consumer (DTC) Genetic Testing Market Professional Survey Report 2018 to its huge collection of research reports. This report studies Direct-to-Consumer (DTC) Genetic Testing in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. The report gave here gives significant bits of knowledge in
Direct-to-Consumer (DTC) Genetic Testing Market By Key Vendors: 23andMe, deCODEm …
Qyresearchreports include new market research report Direct-to-Consumer (DTC) Genetic Testing to its huge collection of research reports. The global Direct-to-Consumer (DTC) Genetic Testing market is comprehensively assessed in this report bears ponders on top-need development viewpoints and how they could affect amid the fulfillment of the figure residency under thought. The investigators have played out a splendid activity of exhaustively surveying every development factor of the market, other than indicating how