Predictive Genetic Testing & Consumer/Wellness Genomics Market to reach USD 16.35 billion by 2030 | Industry Share, Revenue, Growth and SWOT Analysis Report

The Predictive Genetic Testing & Consumer/Wellness Genomics Market Size was valued at USD 5.73 billion in 2022. It is projected to reach USD 16.35 billion by 2030, with a compound annual growth rate (CAGR) of 14% during the forecast period from 2023 to 2030.

This industry has witnessed significant growth and is expected to continue its upward trajectory in the coming years. The increasing demand for personalized healthcare solutions and the advancements in genetic testing technologies are driving the market's expansion.

With the rise in awareness about the potential benefits of predictive genetic testing and consumer/wellness genomics, more individuals are seeking these services. The ability to identify genetic predispositions to diseases and make informed decisions about lifestyle choices has become increasingly appealing to consumers.

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Moreover, the integration of genetic testing into mainstream healthcare practices has further fueled the market's growth. Healthcare providers are recognizing the value of incorporating genetic information into patient care, enabling more targeted and personalized treatment plans.

The market's potential is also bolstered by the continuous advancements in genomics research and technology. Innovations such as next-generation sequencing and bioinformatics tools have revolutionized the field, making genetic testing more accessible, accurate, and cost-effective.

Furthermore, the increasing prevalence of chronic diseases and the growing aging population worldwide are driving the demand for predictive genetic testing and consumer/wellness genomics. These tests offer valuable insights into disease risk assessment, prevention, and early detection, empowering individuals to take proactive measures for their health.

Major Players Listed in the Report are as Follows:
Abbott Laboratories, Bio-Rad Laboratories Inc., Counsyl, Inc., Agilent Technologies, Bureau Gravimétrique International, Genesis Genetics, ARUP Laboratories, Hoffmann-La Roche Ltd., Illumina, Inc., Myriad Genetics, Inc., Thermo Fisher Scientific, Inc. and Other Players.

Predictive Genetic Testing & Consumer/Wellness Genomics (GA) Market Segmentation as Follows:

By Test Type
• Predictive Testing
• Consumer Genomics
• Wellness Genomics

By Application
• Breast & Ovarian Cancer
• Cardiovascular Screening
• Diabetic Screening & Monitoring
• Colon Cancer
• Parkinsonism/Alzheimer's Disease
• Urologic Screening/Prostate Cancer Screening
• Orthopedic & Musculoskeletal

By Setting Type
• Proteomic Testing
• Metabolic Testing
• Genomic Testing

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In conclusion, the Predictive Genetic Testing & Consumer/Wellness Genomics market is poised for substantial growth in the coming years. The combination of increasing consumer awareness, integration into healthcare practices, technological advancements, and the rising prevalence of chronic diseases creates a favorable environment for market expansion.

Table of Content
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Predictive Genetic Testing & Consumer/Wellness Genomics (GA) Market Dynamics
Chapter 4 Impact Analysis (COVID-19, Ukraine- Russia war, Ongoing Recession on Major Economies)
Chapter 5 Value Chain Analysis
Chapter 6 Porter's 5 forces model
Chapter 7 PEST Analysis
Chapter 8 Predictive Genetic Testing & Consumer/Wellness Genomics (GA) Market Segmentation, By Test Type
Chapter 9 Predictive Genetic Testing & Consumer/Wellness Genomics (GA) Market Segmentation, By Application
Chapter 10 Predictive Genetic Testing & Consumer/Wellness Genomics (GA) Market Segmentation, By Setting Type
Chapter 11 Regional Analysis
Chapter 12 Company profile
Chapter 13 Competitive Landscape
Chapter 14 Use Case and Best Practices
Chapter 15 Conclusion

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