A recent report published by Infinium Global Research on DNA test kits market provides in-depth analysis of segments and sub-segments in the global as well as regional DNA test kits market
Pune, India -- (SBWIRE) -- 12/03/2019 -- The Infinium Global Research analyzes the "DNA Test Kits Market (Sample Type - Saliva, and Cheek Swab; Application - Health & Fitness, Diet & Nutrition, Ancestry Testing, Disease Risk Assessment, and Other Applications): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025."
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Growing Demand for DNA Kits Anticipated to Drive Growth for DNA Test Kits Market
The growing number of hereditary disorders globally is one of the major factors driving the growth of the DNA test kits market. An increase in demand for DNA kits for disease risk calculation and the demand for DNA test kits used for health and fitness is increasing that in turn is increasing the demand for DNA test kits market.
Moreover, a growing number of research laboratories and growing awareness about DNA testing for gynecological purposes are other key factors that drive the growth of the market. Though, lack of information about the company offering DNA test kits and difficulty in understanding results are some of the main factors that hamper the growth of the DNA testing kits market. However, planned methods such as product launch, marketing efforts, distribution agreements, and others are anticipated to boost the global DNA test kits market.
Saliva Segment Dominates the Global DNA Test Kits Market
The report on the DNA test kits market covers segments on sample type and application. Based on the sample type, the DNA test kits market has been classified into saliva and cheek swab. The saliva segment holds the largest share due to the increase in the number of DNA testing companies offering saliva-based DNA test kits.
Also, a rise in the volume of DNA test kits sold by major market players is the other factor that drives the growth of the segment. By applications, the market is further segmented into health and fitness, diet and nutrition, ancestry testing, disease risk assessment, and other applications.
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North America Holds Dominance in the Market of DNA Test Kits
North America is leading the DNA test kit market owing to the growing incidence of genetic abnormalities, promising government initiatives for genetic diagnosis. Furthermore, Asia Pacific is likely to witness positive growth in this market due to progress in healthcare infrastructure in the region.
Growing populations suffering from acute as well as chronic disorders is one of the factors that drive the growth of this region in this market. Additionally, acquisitions, product launches and geographic expansion by local players especially in China and Japan drive the growth of the market in the region.
DNA Test Kits Market: Competitive Analysis
The global DNA test kits market comprises with the players such as MyHeritage Ltd., Living DNA Ltd., 23andMe, Gene by Gene, Helix OpCo LLC, Veritas, FitnessGenes. The leading companies in the global DNA test kits market are focused on product portfolio expansion and strengthening the distribution channels to gain market share. In November 2018, Helix OpCo, LLC launched a new DNA test kits for wellness and ancestry DNA testing with customer access to two embedded apps, wellness basic and ancestry basics.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the DNA test kits.
=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.