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Leading Element Driving Change in the Genealogy Products And Services Market in 2025: Surging Demand For Genetic Testing Fuels Growth In Genealogy Products And Services Market Driver
Which drivers are expected to have the greatest impact on the over the genealogy products and services market's growth?The surge in demand for genetic testing is expected to drive the growth of the genealogy products and services market. Genetic testing is becoming more popular due to increased awareness of its benefits for health and ancestry research. Genetic testing aids genealogy by helping individuals trace their ancestral roots and validate family history through DNA analysis. For instance, the National Library of Medicine reported in April 2023 that there were 76,302 active genetic tests globally, with 37,271 in the United States in November 2022. The rising demand for genetic testing is driving the growth of the genealogy products and services market.
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What is the future CAGR of the genealogy products and services market, and how will it impact industry expansion?
The genealogy products and services market has grown rapidly. It will increase from $4.61 billion in 2024 to $5.15 billion in 2025, at a CAGR of 11.8%. The growth is due to increased interest in health-related genetic information, celebrity influences, enhanced marketing, better data analysis algorithms, and the growing popularity of direct-to-consumer genetic testing.
The genealogy products and services market is expected to reach $7.94 billion by 2029 at a CAGR of 11.4%. The growth is fueled by increased consumer interest in ancestry, awareness of genetic health risks, and the rise of direct-to-consumer genetic testing. Trends include AI integration, blockchain technology, and wearable tech integration.
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What are the most significant trends transforming the genealogy products and services market today?
Leading companies in the genealogy products and services market are focusing on developing next-generation sequencing (NGS) tests to provide more detailed and accurate genetic ancestry insights, allowing for a deeper understanding of family lineage. In January 2024, Nonacus, a UK-based genetic testing company, introduced the GALEAS HereditaryPlus panel. This NGS test analyzes 146 genes, in line with genetic testing guidelines in the EU and USA, and is designed to detect rare inherited disorders like Lynch syndrome, hereditary cancers, and pediatric cancers such as Wilms tumor.
Which key market segments comprise the genealogy products and services market and drive its revenue growth?
The genealogy products and services market covered in this report is segmented -
1) By Category: Family Records, Family Trees, Forums, Cemeteries, Newspapers, Blogs, Deoxyribonucleic Acid (DNA) Testing, Other Categories
2) By Application: Households, Institutions
3) By End-User: Direct-To-Consumer Testing Companies, Law Enforcement Agencies, Research Institutes And Academic Organizations, Other End-Users
Subsegments:
1) By Family Records: Birth Records, Marriage Records, Death Records, Census Records, Immigration and Naturalization Records
2) By Family Trees: Online Family Tree Software, Family Tree Books and Charts, Family Tree Consulting Services
3) By Forums: Genealogy Discussion Forums, Ancestry Group Communities, Online Family Research Forums
4) By Cemeteries: Cemetery Records, Burial and Gravestone Information, Cemetery Plot Searching Services
5) By Newspapers: Obituaries, Historical Newspaper Archives, Local News and Events Archives
6) By Blogs: Personal Genealogy Blogs, Ancestral Research Blogs, DNA Testing Blogs
7) By Deoxyribonucleic Acid (DNA) Testing: Y-DNA Testing, Mitochondrial DNA Testing, Autosomal DNA Testing, Ancestry DNA Testing Kits
8) By Other Categories: Genealogy Software, Historical Research Services, Family History Books and Publications, Genealogical Consultation Services
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Which regions are key players in the growth of the genealogy products and services market?
North America was the largest region in the genealogy products and services market in 2023. The regions covered in the genealogy products and services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the genealogy products and services market?
Major companies operating in the genealogy products and services market are Findmypast Limited, Ancestry.com LLC, 23andMe Inc., MyHeritage Ltd., Clooz, Family Tree Maker, Geneanet, Progeny Genealogy, ObitFinder, Geni.com, Family Tree DNA, Gene by Gene Ltd., Legacy Family Tree, GEDmatch, Ancestral Quest, BillionGraves Holdings Inc., Brother's Keeper, Fold3, GenealogyBank.com, Living DNA Ltd., RootsFinder, RootsMagic, WikiTree Inc
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What Is Covered In The Genealogy Products And Services Global Market Report?
•Market Size Forecast: Examine the genealogy products and services market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the genealogy products and services market for a structured understanding.
•Key Players Overview: Analyze major players in the genealogy products and services market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the genealogy products and services market.
•Segment Contributions: Evaluate how different segments drive overall growth in the genealogy products and services market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the genealogy products and services market.
•Industry Challenges: Identify potential risks and obstacles affecting the genealogy products and services market.
•Competitive Landscape: Review strategic developments in the genealogy products and services market, including expansions, agreements, and new product launches.
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