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.
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The prominent players of the global Direct-to-Consumer Genetic Testing market are expected to contribute significantly to the revenue generation owing to increasing demand for the Direct-to-Consumer Genetic Testing products in the industry.
Key Players Participating in the Industry:
23andMe, Full Genome Corporation, Color Genomics, Genesis Healthcare, Helix OpCo LLC, FamilyTreeDNA, MyHeritage, Identigene, Pathway genomics, and Living DNA, among others.
Furthermore, the report offers insights into the segmentation of the Direct-to-Consumer Genetic Testing industry based on product types, applications, end-user, technology, and key regions. The study also assesses the market segment expected to show significant growth in the coming years.
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Global Direct-to-Consumer Genetic Testing Market Report – Table of Contents:
1. Report Overview
1.1 Research Scope
1.2 Key Direct-to-Consumer Genetic Testing market segments
1.3 Target players
1.4 Market analysis by type
1.5 Market analysis by application
1.6 Key learning objectives
1.7 Report timeline
2. Global Growth Trends
2.1 Global Direct-to-Consumer Genetic Testing market size
2.2 Latest trends of the Direct-to-Consumer Genetic Testing market by region
2.3 Key corporate trends
3. Global Direct-to-Consumer Genetic Testing Market share by key players
3.1 Global Direct-to-Consumer Genetic Testing Market size by manufacturers
3.2 Global Direct-to-Consumer Genetic Testing Market key players
3.3 Products/solutions/services of major players
3.4 New entrants in the Direct-to-Consumer Genetic Testing market
3.5 Mergers, acquisitions, joint ventures, and expansion plans
4. Global Direct-to-Consumer Genetic Testing Market by product type
4.1 Global Direct-to-Consumer Genetic Testing Sales by Product
4.2 Global Direct-to-Consumer Genetic Testing by Product Revenue
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Media ContactCompany Name: Emergen ResearchContact Person: Eric LeeEmail: Send EmailPhone: +1 (604) 757-9756Address:14671 110 Avenue Surrey, British Columbia, V3R2A9City: SurreyState: British ColumbiaCountry: CanadaWebsite: https://www.emergenresearch.com/industry-report/direct-to-consumer-genetic-testing-market
