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Classified in: Health
Subject: MRR

Direct-to-Consumer Genetic Testing Market Size to Grow by USD 1.38 billion | 23andMe Inc. and Alpha Biolaboratories Ltd. Among Key Vendors | Technavio


NEW YORK, July 1, 2022 /PRNewswire/ -- The direct-to-consumer genetic testing market is fragmented, and the vendors are deploying growth strategies such as market expansion, investments, and distribution networks to compete in the market.

The direct-to-consumer genetic testing market size is anticipated to grow by USD 1.38 bn from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 16.37% during the forecast period.

For more insights related to the growth of the direct-to-consumer genetic testing
market,
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Market Dynamics

The growing adoption of direct-to-consumer genetic testing in early disease diagnosis is driving the growth of the direct-to-consumer genetic testing market. However, factors such as doubts over analytical and clinical validity may challenge the market growth during the forecast period.

Company Profiles

The direct-to-consumer genetic testing market report provides complete insights on key vendors, including 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. The key offerings of some of the vendors are listed below:

Competitive Analysis

The competitive scenario provided in the direct-to-consumer genetic testing market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation

Find out the contribution of each segment of the direct-to-consumer genetic
testing market,
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Related Reports

Bioinformatics Market by Product and Geography - Forecast and Analysis 2022-2026

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Direct-To-Consumer Genetic Testing Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 16.37%

Market growth 2021-2025

USD 1.38 billion

Market structure

Fragmented

YoY growth (%)

15.76

Regional analysis

North America, Europe, Asia, ROW, North America, Europe, Asia, and ROW

Performing market contribution

North America at 39%

Key consumer countries

US, UK, Germany, France, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Distribution channel

6 Market Segmentation by Service

7 Customer landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

 

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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