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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Market Analysis
The global consumer genomics market is being driven by the rapidly advancing technology and rising consumer awareness regarding the risk of developing hereditary or other diseases. The rise in the interest of consumers and physicians in DTC (direct-to-consumer) test kits, consequent growth in sales of DNA test kits, and the increase in the access to DTC services, with the reduced cost of genotyping, are the significant drivers for the industry growth.
Consumer Genomics Market Report Snapshots
Consumer Genomics Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global consumer genomics market attained a value of nearly USD 2.59 billion.
The market is projected to grow at a CAGR of 20% between 2024 and 2032.
The major drivers of the industry such as rapidly advancing technology, rising awareness about the risk of developing hereditary, improvement in the implementation of genealogy services, and growing applications of consumer genomics in genetic analysis in lifestyle, diet, nutritional plans, and others are expected to aid the industry growth.
The rise in the interest of consumers and physicians in DTC (direct-to-consumer) test kits, and the increasing sales of DNA test kits are the key market trends guiding the growth of the consumer genomics market.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa.
The major applications of the market include oncology, genetic relatedness, diagnostics, lifestyle, wellness and nutrition, ancestry, reproductive health, personalised medicine and pharmacogenetic testing, and sports nutrition and health, among others.
The major players in the industry are Ancestry.com LLC, 23andMe, Inc., Gene by Gene, Ltd., Mapmygenome India LTD, Color Genomics, Inc., Positive Biosciences, Ltd., and Futura Genetics, among others.
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