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Genealogy Products And Services Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth
Genealogy Products And Services Market
How Large Will the Genealogy Products And Services Market Size By 2025?
The overall scope of the genealogy products and services industry has experienced swift expansion lately, projected to reach $5.14 billion in 2025 from $4.61 billion in 2024, demonstrating an 11.5% compound annual growth rate during this timeframe; this upward trajectory in the past period is largely fueled by increasing consumer fascination with genetic data pertinent to health, the impact of well-known personalities, broader media coverage, more effective promotional efforts and educational initiatives, advancements in data processing techniques, and the increasing adoption of testing kits marketed directly to the public.
How Big Is the Genealogy Products And Services Market Size Expected to Grow by 2029?
Projections indicate that the market encompassing genealogy products and services is poised for substantial expansion over the ensuing years, reaching a valuation of $7.73 billion by 2029, fueled by a consistent compound annual growth rate (CAGR) of 10.7%. This upward trajectory during the projection window is underpinned by several factors: heightened consumer fascination with lineage and ancestry, greater recognition of hereditary health predispositions, the proliferation of digital resources for family history research, the rising adoption of genetic screening accessible directly to consumers, and an increased drive to obtain genetic data pertinent to well-being. Key developments anticipated throughout this period feature the incorporation of artificial intelligence (AI), broader deployment of blockchain methodology, closer ties with wearable gadgets, the augmentation of worldwide genetic repositories, and more sophisticated methods for assessing inherited characteristics.
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Which Key Market Drivers Powering Genealogy Products And Services Market Expansion and Growth?
Anticipation suggests that burgeoning utilization of genetic screening will fuel the expansion within the genealogy goods and solutions sector in the forthcoming period; this process, which entails scrutinizing deoxyribonucleic acid to pinpoint alterations or differences potentially signaling hereditary ailments, lineage, or other characteristics, is gaining traction as public understanding of its advantages for both well-being and heritage broadens, offering individuals deep dives into their roots, facilitating connections with kin, and substantiating family narratives via DNA evidence; for illustration, official data from the National Library of Medicine, a United States government entity, indicated that across the world, 76,302 genetic screenings were actively being conducted in November 2022, with the US alone accounting for 37,271 of these tests as of April 2023, thus confirming that heightened interest in genetic analysis is the catalyst propelling the genealogy market forward.
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Which Fast-Growing Trends Are Poised to Disrupt the Genealogy Products And Services Market?
Leading participants within the genealogy goods and solutions sector are concentrating efforts on pioneering sophisticated methods, like next-generation sequencing (NGS) assays, aiming to supply more granular and precise data concerning genetic origins, thereby facilitating profound comprehension of ancestry and lineage. This particular NGS test represents a high-capacity DNA sequencing method allowing for swift and exhaustive scrutiny of genetic constructs; by way of illustration, in the opening month of 2024, Nonacus, a firm headquartered in the United Kingdom specializing in genetic assessment products, introduced its GALEAS HereditaryPlus panel. The GALEAS HereditaryPlus examination utilizes next-generation sequencing (NGS) technology to probe 146 distinct genes, conforming to the established ESMO and AMP directives governing genetic evaluations across the European Union and the United States, simultaneously satisfying the criteria set forth by the United Kingdom's National Genomics Test Directory for identifying less common inherited ailments such as Lynch syndrome, uncommon hereditary malignancies like phaeochromocytoma, and childhood malignancies including Wilms tumor.
What Are the Emerging Segments in the Genealogy Products And Services Market?
The genealogy products and servicesmarket 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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Who Are the Global Leaders 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
Which are the Top Profitable Regional Markets for the Genealogy Products And Services Industry?
North America was the largest region in the genealogy products and services market in 2024. 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.
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