Direct-to-Consumer Genetic Testing Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Direct-to-Consumer Genetic Testing Market – Report Overview

Pacific Business Consulting’s “Direct-to-Consumer Genetic Testing Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Direct-to-Consumer Genetic Testing market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

In 2022, the Direct-to-Consumer Genetic Testing market surpassed a valuation of US$ 1.8 Billion and is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 10.0% from 2023 to 2030. The market is anticipated to potentially surpass US$ 4.0 Billion by 2030.

The growth of the Direct-to-Consumer (DTC) Genetic Testing market is driven by several factors. There has been a significant rise in awareness and demand for personalized healthcare services in recent years. Personalized medicine, which takes into account an individual’s unique gene makeup and environmental factors to tailor medical treatments, has gained traction. The development of Next-Generation Sequencing (NGS) has contributed to the accessibility and affordability of genome sequencing, enabling large-scale genomic investigations and the identification of genetic markers linked to illness and medication responses.

Public awareness about gene-based screening has increased, with over 26 million people in the U.S. having taken DNA tests, according to MIT Technology Review. The interest in ancestry and genetic testing is fueled by advertisements in digital media and online marketing efforts by key players such as 23andMe and Ancestry. These companies heavily invest in advertising to spread awareness about DTC genetic testing and its associated benefits.

Awareness campaigns emphasizing the benefits of genomic screening, coupled with the support of market players and regulatory bodies promoting testing and integration of these services in healthcare settings, contribute to market growth. DTC genetic testing is seen as a cost-effective solution that can help manage the burden of various targeted diseases by reducing the need for unnecessary screening. According to a WebMD survey, both doctors and patients believe that genetic testing is important for personalized healthcare, with 92% of doctors stating that genetic information is crucial for a patient’s complete health picture.

While DTC genetic testing has gained popularity, it comes with certain drawbacks. The testing may provide a limited snapshot of a patient’s health, as it may not consider factors such as environmental influences on genetics or certain genetic factors leading to disorders. The potential misuse or theft of genetic information, leading to compromised genetic privacy, is also a concern.

As advancements in technology continue and more people seek insights into their genetic information, the DTC genetic testing market is expected to witness significant growth. Key players in the industry will play a crucial role in shaping the future landscape of DTC genetic testing technologies through ongoing innovation.

Key players in the Direct-to-Consumer Genetic Testing segment, including Living DNA Ltd., MyHeritage Ltd, Prenetics Limited, Family Tree DNA, Interleukin Genetics, Myriad Genetics, Inc., Veritas Genetics, Fulgent Genomics, 23andMe, Ancestry DNA, Color Genomics, Inc., Genetic Technology (EasyDNA), and Full Genomes Corporation, Inc., are expected to play a crucial role in shaping the future landscape of Direct-to-Consumer Genetic Testing technologies through ongoing innovation.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Direct-to-Consumer Genetic Testing market. It also delves into the analysis of present and prospective market competition within the global Direct-to-Consumer Genetic Testing market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

• Develop your business strategies by gaining insights into the trends that shape and drive the Direct-to-Consumer Genetic Testing market across the 10MM (Ten Major Markets).
• Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Direct-to-Consumer Genetic Testing market.
• Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
• Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
• Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.

1. Executive Summary: Direct-to-Consumer Genetic Testing
   • Global Market Outlook: Direct-to-Consumer Genetic Testing
2. Competitive Intelligence Analysis: Direct-to-Consumer Genetic Testing
3. Therapeutic Sector SWOT
4. Technology Roadmap Analysis: Direct-to-Consumer Genetic Testing
5. Market Background
   • Drivers
   • Restraints
   • Opportunity
   • Key Market Trends
   • Key Unmet Needs
6. Key Marketed Products Profile – Major Approved Products: Direct-to-Consumer Genetic Testing
   • Product Profile
   • Safety and Efficacy
7. Regulatory Landscape
8. Direct-to-Consumer Genetic Testing: Ten Major Market (10MM) – Market Analysis, By Test Type
   • Pharmacogenetics Tests
   • Cancer Predisposition Tests
   • Carrier Screening Tests
   • Genetic Health Risk (GHR) Tests
   • Low-Risk General Wellness Tests
   • Ancestry Tests
9. Direct-to-Consumer Genetic Testing: Ten Major Market (10MM) – Market Analysis, By Technology
   • Whole Genome Sequencing
   • Single Nucleotide Polymorphism Chips
   • Targeted Analysis
   • Others
10. Direct-to-Consumer Genetic Testing: Ten Major Market (10MM) – Market Analysis, By Distribution Channel
    • Online Channels
    • Pharmacies & Drug Stores
    • Others
11. Direct-to-Consumer Genetic Testing: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Test Type
      • By Distribution Channel
      • By Technology
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Test Type
      • By Distribution Channel
      • By Technology

12. S. Direct-to-Consumer Genetic Testing – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Test Type
      • By Distribution Channel
      • By Technology
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Test Type
      • By Distribution Channel
      • By Technology

13. K. Direct-to-Consumer Genetic Testing – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Test Type
      • By Distribution Channel
      • By Technology
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Test Type
      • By Distribution Channel
      • By Technology

14. Germany Direct-to-Consumer Genetic Testing – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Test Type
      • By Distribution Channel
      • By Technology
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Test Type
      • By Distribution Channel
      • By Technology

15. France Direct-to-Consumer Genetic Testing – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Test Type
      • By Distribution Channel
      • By Technology
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Test Type
      • By Distribution Channel
      • By Technology

16. Italy Direct-to-Consumer Genetic Testing – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Test Type
      • By Distribution Channel
      • By Technology
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Test Type
      • By Distribution Channel
      • By Technology

17. Spain Direct-to-Consumer Genetic Testing – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Test Type
      • By Distribution Channel
      • By Technology
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Test Type
      • By Distribution Channel
      • By Technology

18. Japan Direct-to-Consumer Genetic Testing – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Test Type
      • By Distribution Channel
      • By Technology
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Test Type
      • By Distribution Channel
      • By Technology

19. China Direct-to-Consumer Genetic Testing – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Test Type
      • By Distribution Channel
      • By Technology
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Test Type
      • By Distribution Channel
      • By Technology

20. Australia Direct-to-Consumer Genetic Testing – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Test Type
      • By Distribution Channel
      • By Technology
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Test Type
      • By Distribution Channel
      • By Technology

21. India Direct-to-Consumer Genetic Testing – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Test Type
      • By Distribution Channel
      • By Technology
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Test Type
      • By Distribution Channel
      • By Technology

22. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

23. Assumptions and Acronyms Used
24. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
25. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
26. Copyrights and Disclaimer