Direct-to-consumer Genetic Testing Market 2020
Description: –
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.
The analysts forecast the global direct-to-consumer genetic testing market to grow at a CAGR of 11.68% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global direct-to-consumer genetic testing market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of DTC genetic testing services. It does not include the cost of test kits and shipping charges.
The global markets are a very unstable and unpredictable environment, which needs careful assessment and understanding. The global Direct-to-consumer Genetic Testingmarket requires appropriate and timely research to survive the overpopulated market and escape the challenges with smart working. This report will cover all the major aspects of the market like competition, technological developments, pros & cons, regional analysis, openings, etc. This report will also cover historical importance points while uncovering the market from 2020 to 2025 and will define the yearly growth rates during this tenure. This report also defines the annual growth of the market during this period.
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Major Key Company Profiles:-
• 23andMe
• LabCorp
• Myriad Genetics
• Quest Diagnostics
Other prominent vendors
• 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
Market Characteristics
While entering the market or fighting the competition, understanding the market’s momentum and challenges during the operation is important. The global Direct-to-consumer Genetic Testingmarket has been moving haphazardly, making it difficult to trace this market’s track and define the path concerning the future. Market trends, technological developments, and research & developments in the respective fields are among the major factors that require real-time surveillance to stay in touch with the success rate for which an appropriate report is required. All these points are carefully added to this report to ensure the success of the new and struggling market players.
Segment Assessment
In this well-connected world, the businesses are moving from local to global markets, which has increased the competition and is rising. For understanding the global Direct-to-consumer Genetic Testingmarket, North America, Europe, Asia Pacific, and The Rest of the world are the major markets observed from 2020 to 2025. In this report, it is clearly defined that which region will hold the market share and will have the highest growth rate. Understanding the changes in governmental regulations and introducing new rules is also important to save the firm from any losses. This report covers all the challenges of this kind.
Research Methodology
The report on the global Direct-to-consumer Genetic Testingmarket is prepared on Porter’s Five Force Model and SWOT analysis. Porter’s Five Force Model defines market competition, threats from new players, the threat from substitutes, suppliers’ power, and customers’ power. SWOT analysis defines strengths, weaknesses, opportunities, and threats included, which helps compile the complete report with high efficiency and dependency.
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Table of Contents – Major Key Points
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Segmentation by service
PART 07: Segmentation by channel
PART 08: Segmentation by geography
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
Continued…
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