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Authored by avatar isha deshpande

Measuring Direct-to-Consumer Genetic Testing Market Growth and Sizing Potential for Business Expansion

The global Direct-to-Consumer Genetic Testing Market is forecasted to reach USD 3.33 Billion by 2027, according to a new report by Emergen Research. Increasing genetic disease incidence would fuel competition for direct-to-consumer genetic testing and accelerate market development across the expected timeframe. Increasing cases of hereditary disorders such as breast cancer, achondroplasia, colorectal cancer and other diseases have increased the need for cost-effective and reliable avenues of genetic testing in the healthcare industry. For reference, according to the World Cancer Research Fund (WCRF), more than 2 million new cancer cases were reported globally in 2018. Breast cancer is now considered to be the second most prevalent disease. The introduction of a superior standard and innovative direct-to-consumer genetic testing has significantly lowered mortality levels of people with cancer by maintaining diligence surveillance data even before the onset of the disease. The preceding conditions would, therefore, accelerate the demand for direct-to-consumer genetic testing to reverse the timetable for the prediction.

The report studies the impact of the COVID-19 pandemic on the Direct-to-Consumer Genetic Testing market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in-depth analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis. The report examines the recent COVID-19 crisis and its impact on the global market. The report explores the present and future impact of the pandemic and provides an insight into the post-pandemic market scenario.

Download Free Sample Report of Global Direct-to-Consumer Genetic Testing Market @ https://www.emergenresearch.com/request-sample/20

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

23andMe, Full Genome Corporation, Color Genomics, Genesis Healthcare, Helix OpCo LLC, FamilyTreeDNA, MyHeritage, Identigene, Pathway genomics, and Living DNA, among others

Research Report on the Direct-to-Consumer Genetic Testing Market Addresses the Following Key Questions:

Who are the dominant players of the Direct-to-Consumer Genetic Testing market? Which regional market is anticipated to have a high growth rate over the projected period? What consumer trends and demands are expected to influence the operations of the market players in the Direct-to-Consumer Genetic Testing market? What are the key growth drivers and restraining factors of the Direct-to-Consumer Genetic Testing market? What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market? What is the overall impact of the COVID-19 pandemic on the Direct-to-Consumer Genetic Testing market and its key segments? Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/direct-to-consumer-genetic-testing-market

Emergen Research has segmented the global Direct-to-Consumer Genetic Testing market on the basis of type, type of care, and region

Segments Covered in this report are:

Test Type Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027) Carrier Testing Predictive Testing Ancestry & Relationship Testing Nutrigenomics Testing Others Distribution Channel Outlook (Volume, Kilotons; 2017-2027, Revenue, USD Billion; 2017-2027) Online Platforms Over-the-Counter Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027) Targeted Analysis Single Nucleotide Polymorphism Chips (SNP) Whole Genome Sequencing (WGS) In conclusion, the Direct-to-Consumer Genetic Testing Market report is an exhaustive database that will help readers formulate lucrative strategies. The Direct-to-Consumer Genetic Testing Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

How will this Report Benefit you?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Direct-to-Consumer Genetic Testing market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Direct-to-Consumer Genetic Testing with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

Request Customization as per your specific requirement@ https://www.emergenresearch.com/request-for-customization/20

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