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Direct-To-Consumer (DTC) Genetic Testing Market Analysis, Trends, Growth, Research And Forecast 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Direct-To-Consumer (DTC) Genetic Testing Market Size, Growth Rate, And Forecast
The global direct-to-consumer (DTC) genetic testing market size is expected to grow from $1.35 billion in 2022 to $1.58 billion in 2023 at a compound annual growth rate (CAGR) of 16.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global direct-to-consumer (DTC) genetic testing market size is expected to grow to $2.81 billion in 2027 at a CAGR of 15.5%.
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Direct-To-Consumer (DTC) Genetic Testing Market Drivers
The rising prevalence of diseases and disorders with genetic transmission capabilities is expected to propel the growth of the direct-to-consumer (DTC) genetic testing market going forward. Genetic disorder refers to an illness caused by changes (mutation) in a person's DNA and it includes single-gene, multifactorial and chromosomal disorders. Direct-to-consumer genetic testing promotes awareness of various genetic disorders that helps in making predictions about health and provides personalized information about an individual's health, disease risk, and other traits, thus, helps in taking effective health and lifestyle decisions to reduce the disease risk.
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Direct-To-Consumer (DTC) Genetic Testing Market Segments
• By Type: Carrier Testing, Predictive Testing, Ancestry And Relationship Testing, Nutrigenomic Testing, Other Types
• By Sample: Saliva, Urine, Blood
• By Technology: Single Nucleotide Polymorphism Chips, Whole Genome Sequencing, Targeted Analysis
• By Business Model: Health Planning Model, Comprehensive Genome Tests Model, Medical Precision Tests Model, Restricted Trait Tests Mode
• By End User: Laboratories, Blood Banks, Nursing Homes, Hospitals, Imaging Centres, Home Care, Cosmetics, Other End-User
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the direct-to-consumer (DTC) genetic testing market.
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Direct-To-Consumer (DTC) Genetic Testing Market Key Players
Major competitors in the direct-to-consumer (DTC) genetic testing market include 23andMe Holding Co., Ancestry.com LLC, Color Health Inc., EasyDNA, Full Genomes Corporation, Helix, Identigene LLC, Living DNA, MyHeritage Ltd.
The Business Research Company's "Global Direct-To-Consumer (DTC) Genetic Testing Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Direct-To-Consumer (DTC) Genetic Testing Market Include:
1. Executive Summary
2. Direct-To-Consumer (DTC) Genetic Testing Market Characteristics
3. Direct-To-Consumer (DTC) Genetic Testing Market Trends And Strategies
4. Direct-To-Consumer (DTC) Genetic Testing Market - Macro Economic Scenario
5. Direct-To-Consumer (DTC) Genetic Testing Market Size And Growth
……
26. Africa Direct-To-Consumer (DTC) Genetic Testing Market
27. Direct-To-Consumer (DTC) Genetic Testing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Direct-To-Consumer (DTC) Genetic Testing Market
29. Direct-To-Consumer (DTC) Genetic Testing Market Future Outlook and Potential Analysis
30. Appendix
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