Technological developments that allow predictive analytics are expected to increase demand for genetic testing directed to the customer. Also, the increasing prevalence of rare genetic disorders is expected to fuel the growth of the market for direct-to-consumer genetic testing

Vancouver, BC -- (SBWire) -- 03/09/2021 --Direct-to-Consumer Genetic Testing Market is forecasted to reach USD 3.33 Billion by 2027, according to a new report by Emergen Research. Increasing genetic disease incidence would fuel competition for direct-to-consumer genetic testing and accelerate market development across the expected timeframe. Increasing cases of hereditary disorders such as breast cancer, achondroplasia, colorectal cancer and other diseases have increased the need for cost-effective and reliable avenues of genetic testing in the healthcare industry. For reference, according to the World Cancer Research Fund (WCRF), more than 2 million new cancer cases were reported globally in 2018. Breast cancer is now considered to be the second most prevalent disease.

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Key participants include 23andMe, Full Genome Corporation, Color Genomics, Genesis Healthcare, Helix OpCo LLC, FamilyTreeDNA, MyHeritage, Identigene, Pathway genomics, and Living DNA, among others.

North America dominated the market for Direct-to-Consumer Genetic Testing in 2019, due to evolving customer outlook for genetic testing, and increased spending, along with a large amount of disposable income, makes it possible for customers to spend more on direct-to-consumer genetic testing, such as genetic and nutrigenomics testing. The North America region held approximately 34.5% of the market, followed by Europe, which contains around 28.3% market in the year 2019.

Furthermore, the report divides the Direct-to-Consumer Genetic Testing market into key segments and sub-segments to offer an analysis of the product type and application spectrum of the industry. It also offers predictions about the segments expected to show significant growth during the projected timeline.

Test Type Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
Carrier Testing
Predictive Testing
Ancestry & Relationship Testing
Nutrigenomics Testing
Others

Distribution Channel Outlook (Volume, Kilotons; 2017-2027, Revenue, USD Billion; 2017-2027)
Online Platforms
Over-the-Counter

Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
Targeted Analysis
Single Nucleotide Polymorphism Chips (SNP)
Whole Genome Sequencing (WGS)

The report addresses the following key points:

The report estimates the expected market size from 2020-2027
The report provides a forecast of market drivers, restraints, and future opportunities for the Direct-to-Consumer Genetic Testing market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights

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Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Table of Content

Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Indicative Metrics

Chapter 4. Direct-to-Consumer Genetic Testing Market Segmentation & Impact Analysis

    4.1. Direct-to-Consumer Genetic Testing Market Product Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increasing income level in emerging economies

                    4.2.2.2. Growing incidences of genetic disorders globally

          4.2.3. Market restraints analysis

                    4.2.3.1. High cost of DTC genetic testing

                    4.2.3.2. Defects in the DTC testing kits

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. ETOP Analysis

    4.6. Porter's Five Forces Analysis

    4.7. Competitive Metric Space Analysis

    4.8. Price trend Analysis

    4.9. Customer Mapping

    4.10. Covid-19 Impact Analysis

    4.11. Global Recession Influence

Chapter 5. Direct-to-Consumer Genetic Testing Market By Test Type Insights & Trends

    5.1. Test Type Dynamics & Market Share, 2020 & 2027

    5.2. Carrier Testing

          5.2.1. Market estimates and forecast, 2017 – 2027 (USD Billion) (Kilotons)

          5.2.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion) (Kilotons)

    5.3. Predictive Testing

          5.3.1. Market estimates and forecast, 2017 – 2027 (USD Billion) (Kilotons)

          5.3.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion) (Kilotons)

    5.4. Ancestry & Relationship Testing

          5.4.1. Market estimates and forecast, 2017 – 2027 (USD Billion) (Kilotons)

          5.4.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion) (Kilotons)

    5.5. Nutrigenomics Testing

          5.5.1. Market estimates and forecast, 2017 – 2027 (USD Billion) (Kilotons)

          5.5.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion) (Kilotons)

    5.6. Others

          5.6.1. Market estimates and forecast, 2017 – 2027 (USD Billion) (Kilotons)

          5.6.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion) (Kilotons)

Chapter 6. Direct-to-Consumer Genetic Testing Market By Distribution Channel Insights & Trends

    6.1. Distribution Channel Dynamics & Market Share, 2020 & 2027

    6.2. Online Platforms

          6.2.1. Market estimates and forecast, 2017 – 2027 (USD Billion) (Kilotons)

          6.2.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion) (Kilotons)

    6.3. Over-the-Counter

          6.3.1. Market estimates and forecast, 2017 – 2027 (USD Billion) (Kilotons)

          6.3.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion) (Kilotons)

Chapter 7. Direct-to-Consumer Genetic Testing Market By Application Insights & Trends

    7.1. Application Dynamics & Market Share, 2020 & 2027

    7.2. Targeted Analysis

          7.2.1. Market estimates and forecast, 2017 – 2027 (USD Billion) (Kilotons)

          7.2.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion) (Kilotons)

    7.3. Single Nucleotide Polymorphism Chips (SNP)

          7.3.1. Market estimates and forecast, 2017 – 2027 (USD Billion) (Kilotons)

          7.3.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion) (Kilotons)

    7.4. Whole Genome Sequencing (WGS)

          7.4.1. Market estimates and forecast, 2017 – 2027 (USD Billion) (Kilotons)

          7.4.2. Market estimates and forecast, By Region, 2017 – 2027 (USD Billion) (Kilotons)

Continue…!

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