Ancestry Testing Market Global Industry Analysis, Growth, Trends and Forecast 2021 to 2027 |23andMe, MyHeritage, LabCorp, Myriad Genetics, Ancestry.com

The Global Ancestry Testing Market from 2021 to 2027 study investigated by Market Intelligence Data examines the market in depth, emphasising data on many areas such as drivers, constraints, opportunities, threats, and worldwide markets, covering development trends, competitive landscape analysis, and key region expansion status. This report is a comprehensive numerical analysis of the Ancestry Testing industry that provides data for developing strategies to boost market growth. Ancestry Testing identifies key elements of the market in light of current industry, market requests, business methodologies used by Ancestry Testing Market players, and future prospects from various angles.

The research report examines the Ancestry Testing market utilising several techniques and analysis in order to offer reliable and in-depth market information. It is broken into many segments to cover various elements of the market for a better understanding. The goal of this study is to help consumers gain a more thorough, better, and clearer understanding of the industry.

Ancestry Testing market is expected to register a CAGR of 24.43 % during the forecast period 2021-2027

DOWNLOAD FREE SAMPLE REPORT:

https://www.marketintelligencedata.com/reports/805370/global-and-united-states-ancestry-testing-market-size-status-and-forecast-2021-2027/inquiry?Mode=Radhika

The Ancestry Testing major players include:

23andMe, MyHeritage, LabCorp, Myriad Genetics, Ancestry.com, Quest Diagnostics, Gene By Gene, DNA Diagnostics Center, Invitae, IntelliGenetics, Ambry Genetics, Living DNA, EasyDNA, Pathway Genomics, Centrillion Technology, Xcode, Color Genomics, Anglia DNA Services, African Ancestry, Canadian DNA Services, DNA Family Check, Alpha Biolaboratories, Test Me DNA, 23 Mofang, Genetic Health, DNA Services of America, Shuwen Health Sciences, Mapmygenome, Full Genomes

INDUSTRY NEWS

LabCorp has acquired 39 companies, including 11 in the last 5 years. A total of 6 acquisitions came from private equity firms. It has also divested 2 assets.

LabCorp’s largest acquisition to date was in 2014, when it acquired Covance for $6.2B. It’s largest disclosed sale occurred in 2018, when it sold Covance Food Solutions to Eurofins Scientific SE for $670M. LabCorp has acquired in 17 different US states, and 2 countries. The Company’s most targeted sectors include life science (50%) and healthcare services (24%).

Key Market Trends

The Ancestry Testing  Market is Expected to Dominate in the Cancer Disease Segment Over the Forecast Period

Ancestry Testing helps in identifying the risk of developing various types of cancers during the individual's lifetime. Genetic tests are available to test inherited variants and mutations in the DNA sequence, which could lead to excessive growth of the cells and lead to tumor/cancer. For instance, genetic testing for the identification of PALB2 (associated with increased risks of breast and pancreatic cancers), CHEK2 (breast and colorectal cancers), BRIP1 (ovarian cancer), and RAD51C and RAD51D (ovarian cancer).

According to the research study published in Clinical Cancer Research 2020, COVID-19 is expected to reshape the oncology practice, clinical trials, diagnostics, and delivery of cancer care to the patients, which can endure well beyond the short- to mid-term of the active pandemic, and thus, COVID-19 is expected to impact the market over the pandemic era.

Ancestry Testing is divided into four categories: firm, geography, type, and application. Players, stakeholders, and other players in the worldwide Ancestry Testing will gain an advantage by utilising the report as a valuable resource.

Type segment covers:

Y chromosome testing

Mitochondrial DNA testing

Single nucleotide polymorphism testing

Application segment covers:

Online

Offline

Purchase Report Here

https://www.marketintelligencedata.com/report/purchase/805370?mode=su?Mode=Radhika

Regions covered in the report are:

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

REGIONAL ANALYSIS

North America Captured the Largest Market Share and is Expected to Retain its Dominance Over the Forecast Period

North America dominates the market for genetic testing currently, owing to factors, like increasing demand for personalized genetic testing services in the region and the rise in the prevalence of chronic and genetic disorders.

According to the Globocon 2020, the new cancer cases diagnosed were 2,281,658 in the United States in 2020, with 612,390 deaths. Among all cancers, breast cancer had the highest incidence with 253,465 cases, followed by lung (227,875), prostate (209,512), and colon (101,809).

ACCESS FULL REPORT:

https://www.marketintelligencedata.com/reports/805370/global-and-united-states-ancestry-testing-market-size-status-and-forecast-2021-2027?Mode=Radhika

The major Ancestry Testing market reports of:

– Detailed overview of Ancestry Testing Market

– Changing Ancestry Testing market dynamics in the industry – In-depth market segmentation by type, application, etc.

– Historical, current and projected Ancestry Testing market size in terms of size and value

– Recent industry trends and developments

– Competitive landscape of Ancestry Testing Market

– Key players and product offering strategies

– Potential and niche sectors/regions showing promising growth.

The research makes a fantastic endeavour to uncover important opportunities accessible in the worldwide Ancestry Testing to assist businesses achieve a strong market position, with industry-standard precision in analysis and excellent data integrity. Buyers of the research will get access to validated and trustworthy market predictions, for the worldwide Ancestry Testing in terms of revenue.

We will get in touch with you within 24hrs and help you find the research reports and Additional Customization you need.

About Us:

Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

Mail to: sales@marketintelligencedata.com

This release was published on openPR.