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Direct-to-Consumer (DTC) Genetic Testing - Global Market Trajectory & Analytics

  • ID: 2255350
  • Report
  • May 2021
  • Region: Global
  • 245 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • 23andMe, Inc.
  • Any Lab Test Now
  • Easy DNA
  • Genesis Healthcare
  • IDENTIGENE, LLC
  • Mapmygenome India Limited

Global Direct-to-Consumer (DTC) Genetic Testing Market to Reach US$2.3 Billion by the Year 2027


Amid the COVID-19 crisis, the global market for Direct-to-Consumer (DTC) Genetic Testing estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$2.3 Billion by 2027, growing at a CAGR of 11.5% over the analysis period 2020-2027.Ancestry & Relationship Testing, one of the segments analyzed in the report, is projected to grow at a 9.1% CAGR to reach US$960.8 Million by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Nutrigenomics Testing segment is readjusted to a revised 12.7% CAGR for the next 7-year period. This segment currently accounts for a 21% share of the global Direct-to-Consumer (DTC) Genetic Testing market.

The U.S. Accounts for Over 43.3% of Global Market Size in 2020, While China is Forecast to Grow at a 14.1% CAGR for the Period of 2020-2027


The Direct-to-Consumer (DTC) Genetic Testing market in the U.S. is estimated at US$465.1 Million in the year 2020. The country currently accounts for a 43.27% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$173.3 Million in the year 2027 trailing a CAGR of 14.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 12.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.8% CAGR while Rest of European market (as defined in the study) will reach US$173.3 Million by the year 2027.

Predictive Testing Segment Corners a 16.2% Share in 2020


In the global Predictive Testing segment, USA, Canada, Japan, China and Europe will drive the 14.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$152.5 Million in the year 2020 will reach a projected size of US$395.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$116.7 Million by the year 2027.

Select Competitors (Total 75 Featured) -

  • 23andMe, Inc.
  • Ancestry.com, LLC
  • Any Lab Test Now
  • Color Genomics, Inc.
  • Direct Laboratory Services, LLC
  • Easy DNA
  • Full Genomes Corporation, Inc.
  • Gene by Gene, Ltd.
  • Genesis Healthcare
  • Helix OpCo LLC
  • IDENTIGENE, LLC
  • Laboratory Corporation of America® Holdings
  • Living DNA
  • Mapmygenome India Limited
  • MyHeritage
  • Pathway Genomics
  • Positive Bioscience, Inc.
  • Quest Diagnostics, Inc.
  • Request A Test, Ltd.
  • Sonora Quest Laboratories LLC
  • Xcode Life Sciences
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • 23andMe, Inc.
  • Any Lab Test Now
  • Easy DNA
  • Genesis Healthcare
  • IDENTIGENE, LLC
  • Mapmygenome India Limited
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Direct-to-Consumer (DTC) Genetic Testing: An Overview
  • Pros and Cons of Direct-to-Consumer (DTC) Genetic Testing
  • Market Segments
  • Ancestry Tests
  • Predictive Tests
  • Carrier Tests
  • Nutrigenomics Tests
  • Market Prospects and Outlook
  • US Dominates the Global DTC Genetic Tests Market
  • Ancestry Testing Holds Major Share, Predictive Testing Witnesses Rapid Growth
  • Competitive Scenario
  • Recent Market Activity
  • Innovations by Leaders
  • Recent Launches by New Entrants
  • Changing Landscape of DTC Genetic Testing
  • Regulations to Determine Market Viability
  • Potential Benefits Outweigh Concerns
  • DTC Genetic Testing: High Potential Benefits, But Concerns Persist
  • Quality Assurance
  • Confidentiality of Genetic Information
  • Price and Related Services
  • Greater Chances of Misinterpretation
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Consumers Self-Managing Treatments: The New Trend
  • DTC Genetic Testing Players Join War against COVID-19
  • Increasing Cases of Genetic Disorders to Drive Market Growth
  • Exhibit 1: Worldwide Breast Cancer Incidence and Mortality Rates by Region: 2018
  • Advances in Genome Sequencing
  • DTC Genetic Testing Presents Lucrative Personalization Opportunities
  • Regulatory Headwinds and Data Paucity Impacting DTC Genetic Testing Market
  • Despite Progress in DTC Genetic Testing Regulations, Concerns Still Linger
  • Transparency of Data: Bugbear of DTC Genetic Testing Companies
  • Association for Molecular Pathology Releases New Standards for Genetic Test Providers
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES

CANADA

JAPAN

CHINA

EUROPE
  • Advantages of Liberalization of DTC Genetic Testing Regulations
  • EU Policymakers Need to Liberalize Regulations and Create Single Market for DTC Genetic Testing
FRANCE

GERMANY

ITALY

UNITED KINGDOM

REST OF EUROPE

ASIA-PACIFIC
  • Primary Issues Faced by DTC Genetic Testing in India
REST OF WORLD

IV. COMPETITION
  • Total Companies Profiled: 75
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • 23andMe, Inc.
  • Ancestry.com, LLC
  • Any Lab Test Now
  • Color Genomics, Inc.
  • Direct Laboratory Services, LLC
  • Easy DNA
  • Full Genomes Corporation, Inc.
  • Gene by Gene, Ltd.
  • Genesis Healthcare
  • Helix OpCo LLC
  • IDENTIGENE, LLC
  • Laboratory Corporation of America® Holdings
  • Living DNA
  • Mapmygenome India Limited
  • MyHeritage
  • Pathway Genomics
  • Positive Bioscience, Inc.
  • Quest Diagnostics, Inc.
  • Request A Test, Ltd.
  • Sonora Quest Laboratories LLC
  • Xcode Life Sciences
Note: Product cover images may vary from those shown
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