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Consumer Genomics Market 2020 : Outlook and in-Depth Analysis By Top Growing Companies Like 23andMe Inc., Gene by Gene, Color Genomics Inc., Helix OpCo LLC, MyHeritage Ltd

04-03-2020 11:58 AM CET | Health & Medicine

Press release from: Data Bridge Market Research Pvt. Ltd.

Consumer Genomics market report is a window to the Healthcare industry which gives explanation about what market definition, classifications, applications, engagements and market trends are. It also gives details regarding the actions of major players such as product launches, joint ventures, developments, mergers and acquisitions and respective effects in terms of sales, import, export, revenue and CAGR values for the Healthcare industry. This industry analysis report is a significant document for every market enthusiast, policymaker, investor, and market player. Global Consumer Genomics market document is a great source of getting information for the major happenings and industry insights which helps succeed in this competitive age.

Consumer Genomics business report consists of basic, secondary and advanced information associated with the global status, recent trends, market size, sales volume, market share, growth, future trends analysis, segment and forecasts from 2020 - 2027. The report is prepared by taking into consideration the client's requirements with respect to the market type, size of the organization, accessibility on-premises and the end-users' organization type, and availability at global level in areas such as North America, South America, Europe, Asia-Pacific, Middle East and Africa. Consumer Genomics market research report supports in adjusting the production depending on the conditions of demand in the market which avoids the wastage of goods.

Get Exclusive Sample Copy of This Report Here https://www.databridgemarketresearch.com/request-a-sample?dbmr=global-consumer-genomics-market

Global consumer genomics market is set to witness a healthy CAGR of 20.45% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Increasing trend of DTC testing and growing application areas of genomics are the factor for the growth of this market.

Few of the major competitors currently working in the global consumer genomics market are 23andMe, Inc., Gene by Gene, Mapmygenome - Know Yourself, Color Genomics, Inc., Helix OpCo LLC, MyHeritage Ltd, Pathway Genomics, Veritas Genetics, Myriad Genetics, Inc., Illumina, Inc., Xcode Life, Diagnomics, Inc., Toolbox Genomics, Thermo Fisher Scientific Inc., QIAGEN, Eurofins Scientific, Genomic Health, Invitae Corporation, Nebula Genomics, PerkinElmer Inc., Oxford Nanopore Technologies and others

Report Highlights : Consumer Genomics Market

Detailed overview of parent market (Consumer Genomics Market)

Changing market dynamics in the Consumer Genomics market

In-depth Consumer Genomics market segmentation

Historical, current, and projected Consumer Genomics market size in terms of volume and value

Recent industry trends and developments in the global Consumer Genomics market

Competitive landscape

Strategies of key players and products offered in the global Consumer Genomics market

Potential and niche segments, geographical regions exhibiting promising growth

A neutral perspective on Consumer Genomics market performance

Must-have information for market players in Consumer Genomics market to sustain and enhance their market footprint

Read Complete Details with TOC Here https://www.databridgemarketresearch.com/toc?dbmr=global-consumer-genomics-market

Market Definition: Global Consumer Genomics Market:

Consumer genomics is related with the sequencing, interpretation and sequencing of the genome. They are widely used in application such as diagnostics, wellness and nutrition, reproductive healthcare, genetic relatedness, ancestry and others. If genotypes are known, this helps the individual to know about their ancestry inference, disease risks and other trait expression. Increasing prevalence for personalized genomics is the factor fueling the growth of this market.

Segmentation: Global Consumer Genomics Market:

Consumer Genomics Market : By Application

Genetic Relatedness
Diagnostics
Lifestyle
Wellness, & Nutrition
Ancestry
Reproductive Health
Personalized Medicine & Pharmacogenetic Testing
Sports Nutrition & Health
Others

Consumer Genomics Market : By Technology

PCR
Sequencing
Microarray
Nucleic Acid Extraction and Purification
Other Technologies

Consumer Genomics Market : By Product and Service

Consumables
Systems & Software
Services

Consumer Genomics Market : By Geography

North America:
U.S.
Canada
Mexico

South America:
Brazil
Rest of South America

Europe:
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe

Asia-Pacific:
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific

Middle East & Africa:
South Africa
Rest of Middle East & Africa

Key Developments in the Market:

In April 2019, PerkinElmer along with Helix announced the launch of their new consumer gene testing product GenePrism. This product has the ability to analyze 59 genes and is very suitable for individuals who don't have any information about their family history of disease. Helix will be sequencing the user's DNA and further passing the result to PerkinElmer medical geneticists so that they can provide data analysis and interpretative service. With this product launch the company has expanded its product portfolio in the market.

In November 2018, Nebula Genomics announced the launch of consumer genetics: the ability for individuals to have their full genome sequenced. This new platform will connect the consumer with the researchers so that they can help them in advance biomedical research. This is specially designed so the consumer can share their genomic data in a fair and transparent ecosystem and assisting the scientists in performing the transformative research.

Consumer Genomics Market Drivers:

Rising demand for personalized genomics is driving the market
Increasing access to DTC service due to decrease rate of genotyping will also drive market

Rising investments by companies in consumer genomics will also propel the market growth
Growing consumer and physicians interest in DTC kits & consequent is also contributing as a factor for the growth of this market

Consumer Genomics Market Restraints:

Increasing clinical and ethical problems related to the use of DTC products & personalized treatment will restrain market growth
Strict norms associated with the use of DTC genetic tests will also hamper the market growth
Lack of adoption of home-based genetic tests due to misleading results will also restrict the growth of the market

Competitive Analysis:

Global consumer genomics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of consumer genomics market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Customization of the Report:

All segmentation provided above in this report is represented at country level

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Key questions answered in the report :

What are the challenges being faced by the new entrants?
Which will be the Consumer Genomics Market application and sorts and estimate joined intently by makers?
Which will be the dangers which will attack growth?

The length of the global Consumer Genomics market opportunity?
How Consumer Genomics Market share advance vacillations their value from various assembling brands?

Reasons to Purchase this Consumer Genomics Market Report:

Current and future of global Consumer Genomics market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

To get this report at an attractive cost, click here https://www.databridgemarketresearch.com/speak-to-analyst?dbmr=global-consumer-genomics-market

Contact Us
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Mail: Corporatesales@databridgemarketresearch.com
https://databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude.We are content with our glorious 99.9 % client satisfying rate.

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