Covid-19 Updates : Consumer Genomics Market May Set New Growth Story in 2020 | Global Players - 23andMe Inc., Helix OpCo LLC, MyHeritage Ltd, Pathway Genomics

Today’s businesses call for the highly focused, comprehensive and detail-oriented information about the market so that they get a clear idea about the market landscape. The Consumer Genomics market research report is generated with a combination of detailed industry insights, and use of latest tools and technology. The study of this market research report covers a market attractiveness analysis, wherein each segment is targeted based on its market size, growth rate & general attractiveness. The Consumer Genomics market research report plays a key role in developing the strategies for sales, advertising, marketing, and promotion.

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Not to mention, the data included in this Consumer Genomics market document is collected only from the trustworthy sources such as journals, newspapers, company websites and annual reports of the companies on which businesses can rely confidently. Other data models used for the research methodology are vendor positioning grid, market time line analysis, market overview & guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis & vendor share analysis. The studies related to competitor analysis in this Consumer Genomics market document keeps competitive landscape clearly into focus with which businesses can decide or advance their own strategies to thrive in the 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

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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.

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.

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
Europe
Asia-Pacific
South America
Middle East and 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?

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