Direct-to-consumer Genetic Testing Market Trends 2019 - Global Industry Growth, Business Development, Size, Top Key Players, Demand and 2025 Forecast

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The report offers exclusive analysis on Global Direct-to-consumer Genetic Testing Market 2019 Overview, market size, trends, application, type, growth, demand, challenges, forecasts and top key players involved.

This report studies the Global Direct-to-consumer Genetic Testing Market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Direct-to-consumer Genetic Testing market by companies, region, type and end-use industry.

In 2017, the global Direct-to-consumer Genetic Testing Industry size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

DTC genetic testing is a service that is offered by companies, retail, and clinical diagnostic laboratories directly to the consumer. DTC genetic testing services are marketed to consumers through television and print and online advertisements.
DTC genetic testing is widely adopted owing to increasing awareness about gene sequencing for the early detection of diseases. However, in many countries, companies also conduct gene sequencing for matchmaking, to ascertain ancestry, and to check the vitamin level in the body.

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What you can expect from our report:
• Total Addressable Market [ Present Market Size forecasted to 2026 with CAGR ]
• Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
• Country wise Market Size Split [Important countries with major market share]
• Market Size Breakdown by Product/ Service Types – [ ]
• Market Size by Application/Industry verticals/ End Users – [ ]
• Market Share and Revenue/Sales of 10-15 Leading Players in the Market
• Production Capacity of Leading Players whenever applicable
• Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
• Pricing Trend Analysis – Average Pricing across regions
• Brandwise Ranking of Major Market Players globally

This report focuses on the global top players, covered – 23andMe, LabCorp, Myriad Genetics, Quest Diagnostics, African Ancestry, Alpha Biolaboratories, Ambry Genetics, AncestrybyDNA, Anglia DNA Services, Canadian DNA Services, Centrillion Technology, Color Genomics, Counsyl, Dante Labs, DNA Diagnostics Center, DNA Family Check, DNA4Life, DNA Services of America, EasyDNA, Full Genomes, 24genetics, Gene By Gene, GHC GENETICS, Genetic Health, IDENTIGENE, IntelliGenetics, Invitae, Living DNA, Walk-In Lab, Xcode, Mapmygenome, MyHeritage, Pathway Genomics, Positive Bioscience, SureGenomics, Shuwen Health Sciences, Sonora Quest Laboratories, Test Me DNA, VCGS.

The prevalence of chronic diseases among the adult and older population such as cardiovascular diseases (CVDs), type 2 diabetes, diabetic retinopathy, and age-related macular degeneration is contributing to the increasing customer awareness about direct-to-consumer (DTC) genetic testing. The rising prevalence of chronic diseases has resulted in increased healthcare expenditure and the DTC genetic testing aids in early diagnosis.

The DTC genetic testing market is highly fragmented due to the presence of several Tier 1, Tier 2, and Tier 3 companies who compete based on factors such as aggressive pricing, product differentiation, capital support for product upgrades, and distribution partnerships. The competition among the manufacturers will intensify due to the advances in technology and product upgrades.

The DTC genetic testing market contains two business models; one-to-one and one-to-many. In the one-to-one model, the results are discussed directly by the companies with the consumer or with the physician. In the one-to-many model, DTC companies will only conduct a genetic test once they receive consent from the consumer and the data is owned by the companies.

DTC genetic testing companies obtains profit from the sales of DTC genetic testing kits to the consumer, physician, and the sales of genetic data to pharmaceutical companies. The paradigm shift in business models is identified as one of the key trends behind the growth of the DTC genetic testing market.

Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India

Market segment by Type, the product can be split into
• Diagnostic Screening
• Prenatal, newborn screening, pre-implantation diagnosis
• Relationship testing

Market segment by Application, split into
• Direct sales
• Retail sales
• Laboratory sales

The study objectives of this report are:
• To study and forecast the market size of Direct-to-consumer Genetic Testing in global market.
• To analyze the global key players, SWOT analysis, value and global market share for top players.
• To define, describe and forecast the market by type, end use and region.
• To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
• To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Direct-to-consumer Genetic Testing are as follows:
• History Year: 2013-2017
• Base Year: 2017
• Estimated Year: 2018
• Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
• Direct-to-consumer Genetic Testing Manufacturers
• Direct-to-consumer Genetic Testing Distributors/Traders/Wholesalers
• Direct-to-consumer Genetic Testing Subcomponent Manufacturers
• Industry Association
• Downstream Vendors

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Table of Content

1 Report Overview
2 Global Growth Trends
3 Market Share by Manufacturers
4 Market Size by Type
5 Market Size by Application
6 United States
7 European Union
8 China
9 Rest of World
10. Company Profiles
11 Value Chain and Sales Channels Analysis
12 Market Forecast
13 Research Findings and Conclusion
14 Appendix
15. Key Insights
End of the report

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Release ID: 88931753