Selbyville, Delaware, Global Direct-To-Consumer Genetic Testing Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2028. Direct-To-Consumer Genetic Testing Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Direct-To-Consumer Genetic Testing market and provides information regarding the revenue for the period 2020 to 2028.
Direct-to-consumer genetic testing market size is anticipated to record a substantial growth rate over the coming years due to ongoing technological advancements. Direct-to-consumer genetic testing differs from typical genetic testing. These genetic tests are marketed directly to consumers through the medium of print advertisements, internet, or television, and can be bought in stores or online.
Request a Sample Report of Direct-To-Consumer Genetic Testing Market at: https://www.marketstudyreport.com/request-a-sample/1434129/?utm_source=Marketwatch.com/&utm_medium=SP
Numerous companies are now offering DTC genetic tests for several purposes. The most common tests use genetic deviations to make estimates about health, give information regarding common traits, and also offer clues about an individual’s ancestry. There is a rise in a number of companies providing DTC testing together with the range of health conditions and traits covered by these tests.
DTC genetic testing, home DNA testing, direct-access genetic testing, and at-home genetic testing are other names for direct-to-consumer genetic testing.
Consumers send the company a DNA sample like urine or saliva and collect their results directly from a written report or from a secure website. DTC genetic testing further provides access to people for their genetic information without the need for involving any health insurance company or a healthcare provider in the process.
Not all DTC tests are genetic tests, some are helpful in measuring other things like levels of toxins in urine, or levels of proteins in the human body and types of bacteria flora usually referred as microbiome.
The direct-to-consumer genetic testing market size is bifurcated in terms of test type, technology, distribution channel, and regional landscape.
From a regional frame of reference, the Latin America direct-to-consumer genetic testing market size is anticipated to record a market value of around $377 million by 2028, attributable to the rising awareness about cost-effective genetic testing options among general population.
With respect to test type, the market is classified into predictive testing, nutrigenomic testing, ancestry, and relationship testing, carrier testing, and others. Among these, carrier testing is set to observe around 14% CAGR between 2020 to 2028, owing to the growing cases of rare genetic diseases that is affecting millions of people globally.
Based on technology, the market is segmented into whole genome sequencing (WGS), single nucleotide polymorphism (SNP) chips, and targeted analysis. Among these, SNP chips held around 50% market share, owing to the technology’s efficacy and cost-effectiveness.
Based on distribution channel, the market is categorized into online platforms and over the counter. Among these, the over the counter distribution channel is likely to observe a market value of more than $730 million by 2028, owing to the ease for the customers in purchasing a test kit, especially those living in rural areas of developing nations.
For More Details on Direct-To-Consumer Genetic Testing Market Report at: https://www.marketstudyreport.com/reports/direct-to-consumer-dtc-genetic-testing-market?utm_source=Marketwatch.com/&utm_medium=SP
Market Study Report, LLC. is a hub for market intelligence products and services.
We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.
Our customers partner with Market Study Report, LLC. to ease their search and evaluation of market intelligence products and services and in turn focus on their company’s core activities.
If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, LLC. is the platform that can help you in achieving any of these objectives.
Market Study Report LLC.
4 North Main Street,
Selbyville, Delaware 19975
US Toll Free: 1-866-764-2150