Global Direct-To-Consumer Genetic Testing Market 2021-2025 The analyst has been monitoring the direct-to-consumer genetic testing market and it is poised to grow by $ 1. 39 bn during 2021-2025, progressing at a CAGR of over 16% during the forecast period.
New York, July 14, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Direct-To-Consumer Genetic Testing Market 2021-2025" - https://www.reportlinker.com/p05028419/?utm_source=GNW
Our report on direct-to-consumer genetic testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing adoption of direct-to-consumer genetic testing in early disease diagnosis, rising disposable income, and increasing regulatory approvals of direct-to-consumer genetic testing kits. In addition, growing adoption of direct-to-consumer genetic testing in early disease diagnosis is anticipated to boost the growth of the market as well.
The direct-to-consumer genetic testing market analysis includes distribution channel segment, service segment, and geographic landscape.
The direct-to-consumer genetic testing market is segmented as below:
By Distribution Channel
• Direct sales
• Retail sales
• Diagnostic screening
• Prenatal, newborn screening, and pre-implantation diagnosis
• Relationship testing
By Geographical Landscape
• North America
This study identifies the advances in next-generation genetic sequencing as one of the prime reasons driving the direct-to-consumer genetic testing market growth during the next few years. Also, reduction in the cost of services and growing adoption of online service platforms will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on direct-to-consumer genetic testing market covers the following areas:
• Direct-to-consumer genetic testing market sizing
• Direct-to-consumer genetic testing market forecast
• Direct-to-consumer genetic testing market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading direct-to-consumer genetic testing market vendors that include 23andMe Inc., Alpha Biolaboratories Ltd., Centrillion Technology Holdings Ltd., Color Genomics Inc., Dante Labs Inc., DNA Diagnostic Center Inc., Full Genomes Corp., Laboratory Corp. of America Holdings, Myriad Genetics Inc., and Quest Diagnostics Inc. Also, the direct-to-consumer genetic testing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p05028419/?utm_source=GNW
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
CONTACT: Clare: firstname.lastname@example.org US: (339)-368-6001 Intl: +1 339-368-6001