Covid-19 Update : Consumer Genomics Market 2020 Next Big Thing | Global Players - 23andMe, Gene by Gene, QIAGEN, Genomics, Veritas Genetics, Myriad Genetics, Illumina, Xcode Life, Diagnomics, Toolbox Genomics

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.

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Consumer Genomics Market report offers noteworthy data along with future forecast and thorough analysis of the market on international and regional level. Some of the data models employed for the research methodology are vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis & vendor share analysis. This market report studies the trends in consumer & supply chain dynamics that have been observed to be helpful in developing production strategies for Healthcare industry. The global Consumer Genomics Market analysis report covers market shares for Global, Europe, North America, Asia Pacific and South America.

This Consumer Genomics Market research report focuses on numerous industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares & possible sales volume of the company. To attain actionable market insights to form sustainable & money-spinning business strategies with an ease, this market research report is a great option. A team of passionate analysts, skilled researchers & qualified forecasters work meticulously to generate such kind of market report. The credible Consumer Genomics Market report describes CAGR (compound annual growth rate) values and its fluctuations for the definite forecast period.

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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

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
Europe
Asia-Pacific
South America
Middle East and 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.

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