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Global Direct to Consumer Laboratory Testing Market Report 2019 | Industry Share, Growth Analysis, Latest Emerging Trends, Revenue, Competitive Landscape, SWOT Analysis and Regional Overview By 2026

09-17-2021 12:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: StraitsResearch

Direct to Consumer Laboratory Testing Market

Direct to Consumer Laboratory Testing Market

The U.S. direct to consumer (DTC) laboratory testing market was valued at USD 94.83 in 2018, growing at a CAGR of 11.2%, during the forecast period 2019–2026. The estimated market for U.S. DTC laboratory testing includes clinical and pathological testing, excluding the DTC genetic testing segment for ancestry and therapeutic testing.

Diagnosis of a disease is the most important step in commencing the treatment for it. Diagnostics field is significantly growing and advancing technologically in the U.S. Direct to consumer (DTC) laboratory testing enables ordering diagnostic tests kit at home. Confidentiality and accuracy of the tests are maintained by service provider laboratories, which stands as the priority for U.S. direct to consumer laboratory testing market. Hectic work life and rising awareness regarding monitoring personal health through complete blood count (CBC) and blood glucose tests, are some of the important factors driving the U.S. direct to consumer laboratory testing market.

For instance, approximately every 40 seconds, an American fall prey to myocardial infarction. During 2013-2016, about 28.5 million, or 11.7%, of American adults had cholesterol issues. The direct-to-consumer laboratory is a convenient method for routine health checkup for the health-conscious population.

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The Major Players Covered in this Report: ANY LAB TEST NOW, DirectLabs, LLC, EverlyWell, Inc., HealthCheckUSA, Home Access Health, Pixel by LabCorp (Laboratory Corporation of America Holdings), Ulta Lab Tests, LLC, MyMedLab, Inc., Quest Diagnostics Incorporated, Request A Test, Sonora Quest Laboratories, Walk-In Lab, LLC., and WellnessFX., & More...

By Type, Complete Blood Count, Cholesterol Level Testing, HIV Testing, Pregnancy Testing, Substance Abuse Testing, Urinalysis, Stool Testing, Glucose Testing, Other Type

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Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Direct to Consumer Laboratory Testing in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Direct to Consumer Laboratory Testing market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Direct to Consumer Laboratory Testing and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Direct to Consumer Laboratory Testing. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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The report covers exhaustive analysis on:
Overview of the parent market
Global Direct to Consumer Laboratory Testing Market Segments, Dynamics, Market Size, Share, Price, Volume, and Cost
Historical, current and projected market size in terms of volume and value
Global Direct to Consumer Laboratory Testing Market Forecast 2021 to 2029
Supply & Demand Value Chain
Global Direct to Consumer Laboratory Testing Market dynamics, including the current trends/drivers/threats/restraints/challenges
Potential and niche segments/regions exhibiting promising growth
Market landscape, competition, and leading companies involved
Strategies of leading companies and product offerings
Technological advancements

Key questions answered in this report:
What will be the market size by the end of the forecast period?
What are the factors driving the growth of the market?
What are the trends and developments that are likely to drive the growth of the market?
Who are the key players operating in the market?
What are the challenges, threats, and opportunities faced by the leading players?
What are the strengths and weaknesses of the key players of the market?

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Would you like to discuss Direct to Consumer Laboratory Testing Market challenges with the experts at Straits Research?

For more details, please contact us -
Straits Research
Address: 825 3rd Avenue, New York, NY 10022
Tel: +1 646 480 7505, +44 208 068 9665

About Us:
Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches.

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