Global Direct-to-Consumer Genetic Testing Market 2017-2021 | Diagnostic Screening Segment Dominates the Global Market | Technavio

Technavio has published a new market research report on the global direct to consumer genetic testing market from 2017-2021. (Graphic: Business Wire)

LONDON--()--According to the latest market research report released by Technavio, the global direct-to-consumer genetic testing market is expected to accelerate at a CAGR of almost 12% during the forecast period. The growing awareness about DTC genetic is one of the key factors triggering the growth of the market.

This research report titled ‘Global Direct-to-consumer Genetic Testing Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

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The market research analysis categorizes the global direct-to-consumer genetic testing market into the following services:

  • Diagnostic Screening
  • Prenatal, newborn screening, pre-implantation diagnosis
  • Relationship testing

In 2016, the diagnostic screening segment accounted for 65% of the global market. It is mostly conducted to evaluate major treatment decisions. Diagnostic testing helps to identify genes that are responsible for chronic diseases such as cancer.

Global direct-to-consumer genetic testing market: Top emerging trend

Next-generation sequencing and biochip for present and future genetic diagnosis is an emerging trend in the market space. The development of sophisticated technologies such as microarrays, next-generation sequencing, fluorescence in situ hybridization (FISH), and automated DNA sequencing has opened new avenues for cancer biomarkers. These can detect abnormalities in the gene expression and the genetic structure of cancer cells. They can also analyze the changes in DNA, ribonucleic acid (RNA), and chromosomes from the tissue sections of tumors. At present, physicians are focusing on the early detection of cancer. Hence, the adoption of tissue-based biomarkers is increasing. This has led many companies such as Illumina and Roche Diagnostics to focus on the development of next-generation sequencers.

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Technavio’s report provides expert market research on the following topics:

Executive Report

  • Market Outline
  • Global Direct-To-Consumer Genetic Testing Market Overview

Market Insights

  • Market Sizing and Forecasts
  • Market Growth
  • Market Drivers and Challenges
  • Key Emerging Trends

Market Segmentation Analysis

  • Regional comparison (APAC, Americas, and EMEA)
  • Key leading countries
  • Market segmentation by service (diagnostic screening, prenatal, newborn screening, pre-implantation diagnosis, and relationship testing)
  • Market segmentation by distribution channel (direct, retail, and laboratory sales)

Vendor Landscape

  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
  • Analysis of top vendors (23andMe, LabCorp, Myriad Genetics, and Quest Diagnostics)

About Technavio

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

According to Technavio, the global direct-to-consumer genetic testing market is expected to accelerate at a CAGR of almost 12% until 2021.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com