The report covers forecast and analysis for the consumer genomics market on a global and regional level. The study provides historic data from 2016 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the consumer genomics market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the consumer genomics market on a global as well as regional level.
According to the report, global demand for consumer genomics market was valued at approximately USD 1,205.0 Million in 2018, and is expected to generate revenue of around USD 4,336.2 Million by end of 2025, growing at a CAGR of around 20.2% between 2019 and 2025.
In order to give the users of this report a comprehensive view on the consumer genomics market we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product and services segment is benchmarked based on their market size, growth rate and general attractiveness.
The report provides company market share analysis in order to give a broader overview of the key players in the consumer genomics market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the consumer genomics market on global and regional basis.
Consumer genomics is the stream of genomics that involves sequencing, investigation, and interpretation of an individual’s genome. The consumer genomics business is growing steadily and fast becoming a mainstream aspect. Consumer genomics is playing an important role in bringing the revolutionary concepts and their applications in the masses.
Factors such as decreasing cost of sequencing, reduction in prices of personal genomic products, increasing accessibility of genomic products to consumers, decrease in fixed costs, in-house resource deployment by corporations, efforts taken by major companies to reduce of cost of whole genome sequencing will act as major driving factors in the growth of global consumer genomics market. Increasing applications of consumer genomics and favorable government policies in developing regions will act as an opportunity for the market players in the consumer genomics market. Nonetheless, lack of awareness, dearth of skilled personnel, and lack of awareness in low income countries will restrict the growth of global consumer genomics market.
The global consumer genomics market has been split into application and region. Based on application, consumer genomics market has been segmented into diagnostics, genetic relatedness, nutrition, wellness, & lifestyle, reproductive health, ancestry, sports nutrition & health, pharmacogenetic testing, personalized medicine, and others. The genetic relatedness segment accounted for the highest market share in 2018.
North America will be the leading region during the forecast period. Presence of major market players, existence of leading market players, and rapid uptake of new technologies will boost the market growth in this region. Europe will be the second largest market. The major reasons are presence of skilled professionals and rise in awareness regarding use of consumer genomics products. Asia Pacific will propagate at speedy rate over the forecast period due to rapid technological updation in the healthcare sector. Latin America market will develop at a significant rate during the forecast period. The Africa and Middle Eastern countries are likely to experience perceptible growth in the estimated time-frame.
The report also includes detailed profiles of key players such as 23andMe, Inc., Ancestry, Xcode Life, Helix OpCo LLC, Diagnomics, Inc., Gene By Gene, Ltd., Positive Biosciences, Ltd., Color Genomics, Futura Genetics, Pathway Genomics, Mapmygenome, Toolbox Genomics, and MyHeritage Ltd. among others.
This report segments the Global Consumer Genomics Market as follows:
Global Consumer Genomics Market: By Application
Global Consumer Genomics Market: By Region
According to the report, global demand for consumer genomics market was valued at approximately USD 1,205.0 Million in 2018, and is expected to generate revenue of around USD 4,336.2 Million by end of 2025, growing at a CAGR of around 20.2% between 2019 and 2025.
In order to give the users of this report a comprehensive view on the consumer genomics market we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product and services segment is benchmarked based on their market size, growth rate and general attractiveness.
The report provides company market share analysis in order to give a broader overview of the key players in the consumer genomics market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the consumer genomics market on global and regional basis.
Consumer genomics is the stream of genomics that involves sequencing, investigation, and interpretation of an individual’s genome. The consumer genomics business is growing steadily and fast becoming a mainstream aspect. Consumer genomics is playing an important role in bringing the revolutionary concepts and their applications in the masses.
Factors such as decreasing cost of sequencing, reduction in prices of personal genomic products, increasing accessibility of genomic products to consumers, decrease in fixed costs, in-house resource deployment by corporations, efforts taken by major companies to reduce of cost of whole genome sequencing will act as major driving factors in the growth of global consumer genomics market. Increasing applications of consumer genomics and favorable government policies in developing regions will act as an opportunity for the market players in the consumer genomics market. Nonetheless, lack of awareness, dearth of skilled personnel, and lack of awareness in low income countries will restrict the growth of global consumer genomics market.
The global consumer genomics market has been split into application and region. Based on application, consumer genomics market has been segmented into diagnostics, genetic relatedness, nutrition, wellness, & lifestyle, reproductive health, ancestry, sports nutrition & health, pharmacogenetic testing, personalized medicine, and others. The genetic relatedness segment accounted for the highest market share in 2018.
North America will be the leading region during the forecast period. Presence of major market players, existence of leading market players, and rapid uptake of new technologies will boost the market growth in this region. Europe will be the second largest market. The major reasons are presence of skilled professionals and rise in awareness regarding use of consumer genomics products. Asia Pacific will propagate at speedy rate over the forecast period due to rapid technological updation in the healthcare sector. Latin America market will develop at a significant rate during the forecast period. The Africa and Middle Eastern countries are likely to experience perceptible growth in the estimated time-frame.
The report also includes detailed profiles of key players such as 23andMe, Inc., Ancestry, Xcode Life, Helix OpCo LLC, Diagnomics, Inc., Gene By Gene, Ltd., Positive Biosciences, Ltd., Color Genomics, Futura Genetics, Pathway Genomics, Mapmygenome, Toolbox Genomics, and MyHeritage Ltd. among others.
This report segments the Global Consumer Genomics Market as follows:
Global Consumer Genomics Market: By Application
- Diagnostics
- Genetic Relatedness
- Nutrition, Wellness, & Lifestyle
- Reproductive Health
- Ancestry
- Sports Nutrition & Health
- Pharmacogenetic Testing
- Personalized Medicine
- Others
Global Consumer Genomics Market: By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Contents
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Consumer Genomics Market, 2016–2025 (USD Million)
- 2.2. Consumer Genomics Market: Snapshot
- Chapter 3. Consumer Genomics Market – Industry Analysis
- 3.1. Consumer Genomics Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Decreasing cost of sequencing
- 3.2.2. Reduction in prices of personal genomic products
- 3.3. Restraints
- 3.3.1. Lack of awareness
- 3.3.2. Dearth of skilled personnel
- 3.4. Opportunities
- 3.4.1. Increasing applications of consumer genomics
- 3.4.2. Favorable government pulicies in developing regions
- 3.5. Porter’s Five Forces Analysis
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market attractiveness analysis By Application
- 3.6.2. Market attractiveness analysis by Region
- Chapter 4. Consumer Genomics Market– Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Consumer Genomics Market: company market share, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Product launches
- 4.2.3. Agreements, partnerships, collaborations and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Consumer Genomics Market –Application Analysis
- 5.1. Global Consumer Genomics Market overview: By Application
- 5.1.1. Global Consumer Genomics Market share, By Application,2018 and 2025
- 5.2. Diagnostics
- 5.2.1. Global Consumer Genomics Market by Diagnostics, 2016–2025 (USD Million)
- 5.3. Genetic Relatedness
- 5.3.1. Global Consumer Genomics Market by Genetic Relatedness, 2016–2025 (USD Million)
- 5.4. Nutrition, Wellness, & Lifestyle
- 5.4.1. Global Consumer Genomics Market by Nutrition, Wellness, & Lifestyle, 2016–2025 (USD Million)
- 5.5. Reproductive Health
- 5.5.1. Global Consumer Genomics Market by Reproductive Health, 2016–2025 (USD Million)
- 5.6. Ancestry
- 5.6.1. Global Consumer Genomics Market by Ancestry, 2016–2025 (USD Million)
- 5.7. Sports Nutrition & Health
- 5.7.1. Global Consumer Genomics Market by Sports Nutrition & Health, 2016–2025 (USD Million)
- 5.8. Pharmacogenetic Testing
- 5.8.1. Global Consumer Genomics Market by Pharmacogenetic Testing, 2016–2025 (USD Million)
- 5.9. Personalized Medicine
- 5.9.1. Global Consumer Genomics Market by Personalized Medicine, 2016–2025 (USD Million)
- 5.10. Others
- 5.10.1. Global Consumer Genomics Market by Others, 2016–2025 (USD Million)
- 5.1. Global Consumer Genomics Market overview: By Application
- Chapter 6. Global Consumer Genomics Market - Regional Analysis
- 6.1. Global Consumer Genomics Market overview: by Region
- 6.1.1. Global Consumer Genomics Market share, by Region, 2018 and 2025
- 6.2. North America
- 6.2.1. North America Consumer Genomics Market, 2016–2025 (USD Million)
- 6.2.2. North America Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.2.3. U.S.
- 6.2.3.1. U.S. Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.2.4. Rest of North America
- 6.2.4.1. Rest of North America Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Consumer Genomics Market, 2016–2025 (USD Million)
- 6.3.2. Europe Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.3.3. UK
- 6.3.3.1. U.K. Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.3.4. France
- 6.3.4.1. France Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.3.5. Germany
- 6.3.5.1. Germany Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.3.6. Rest of Europe
- 6.3.6.1. Rest of Europe Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Consumer Genomics Market, 2016–2025 (USD Million)
- 6.4.2. Asia Pacific Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.4.3. China
- 6.4.3.1. China Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.4.4. Japan
- 6.4.4.1. Japan Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.4.5. India
- 6.4.5.1. India Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.4.6. Rest of Asia Pacific
- 6.4.6.1. Rest of Asia Pacific Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Consumer Genomics Market, 2016–2025 (USD Million)
- 6.5.2. Latin America Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.5.3. Brazil
- 6.5.3.1. Brazil Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.5.4. Rest of Latin America
- 6.5.4.1. Rest of Latin America Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.6. The Middle East and Africa
- 6.6.1. The Middle East and Africa Consumer Genomics Market, 2016–2025 (USD Million)
- 6.6.2. The Middle East and Africa Consumer Genomics Market revenue, By Application,2016–2025 (USD Million)
- 6.1. Global Consumer Genomics Market overview: by Region
- Chapter 7. Company Profiles
- 7.1. 23andMe, Inc.
- 7.1.1. Overview
- 7.1.2. Financials
- 7.1.3. Application Portfolio
- 7.1.4. Business Strategy
- 7.1.5. Recent Developments
- 7.2. Ancestry
- 7.2.1. Overview
- 7.2.2. Financials
- 7.2.3. Application Portfolio
- 7.2.4. Business Strategy
- 7.2.5. Recent Developments
- 7.3. Xcode Life
- 7.3.1. Overview
- 7.3.2. Financials
- 7.3.3. Application Portfolio
- 7.3.4. Business Strategy
- 7.3.5. Recent Developments
- 7.4. Helix OpCo LLC
- 7.4.1. Overview
- 7.4.2. Financials
- 7.4.3. Application Portfolio
- 7.4.4. Business Strategy
- 7.4.5. Recent Developments
- 7.5. Diagnomics, Inc.
- 7.5.1. Overview
- 7.5.2. Financials
- 7.5.3. Application Portfolio
- 7.5.4. Business Strategy
- 7.5.5. Recent Development
- 7.6. Gene By Gene, Ltd.
- 7.6.1. Overview
- 7.6.2. Financials
- 7.6.3. Application Portfolio
- 7.6.4. Business Strategy
- 7.6.5. Recent Development
- 7.7. Positive Biosciences, Ltd.
- 7.7.1. Overview
- 7.7.2. Financials
- 7.7.3. Application Portfolio
- 7.7.4. Business Strategy
- 7.7.5. Recent Development
- 7.8. Culor Genomics
- 7.8.1. Overview
- 7.8.2. Financials
- 7.8.3. Application Portfolio
- 7.8.4. Business Strategy
- 7.8.5. Recent Development
- 7.9. Futura Genetics
- 7.9.1. Overview
- 7.9.2. Financials
- 7.9.3. Application Portfolio
- 7.9.4. Business Strategy
- 7.9.5. Recent Development
- 7.10. Pathway Genomics
- 7.10.1. Overview
- 7.10.2. Financials
- 7.10.3. Application Portfolio
- 7.10.4. Business Strategy
- 7.10.5. Recent Development
- 7.11. Mapmygenome
- 7.11.1. Overview
- 7.11.2. Financials
- 7.11.3. Application Portfolio
- 7.11.4. Business Strategy
- 7.11.5. Recent Development
- 7.12. Toulbox Genomics
- 7.12.1. Overview
- 7.12.2. Financials
- 7.12.3. Application Portfolio
- 7.12.4. Business Strategy
- 7.12.5. Recent Development
- 7.13. MyHeritage Ltd.
- 7.13.1. Overview
- 7.13.2. Financials
- 7.13.3. Application Portfolio
- 7.13.4. Business Strategy
- 7.13.5. Recent Development
- 7.1. 23andMe, Inc.
