Direct-to-Consumer (DTC) Genetic Testing Market Analysis and Outlook, 2019-2029, Including 23andMe, Ancestry.com, Color Health, Helix, Counsyl and Other Key Players

Global direct-to-consumer (DTC) genetic testing market.

Dublin, April 26, 2024 (GLOBE NEWSWIRE) — The “Direct-to-Consumer (DTC) Genetic Testing Market – Global Industry Size, Share, Trends, Opportunities and Forecasts, 2019-2029F” report has been added to the report. ResearchAndMarkets.com Presentation.

The direct-to-consumer (DTC) genetic testing market is experiencing increased growth, primarily due to consumers’ increasing interest in personalized health. With a projected compound annual growth rate (CAGR) of 8.45% from 2019 to 2029, the market is expected to continue to expand as individuals seek to better understand their genetic predisposition to health conditions. Companies on the market offer a range of services that enable consumers to directly access genetic information related to health, ancestry and traits.

Challenges of privacy and data security

Amid the industry’s growth, privacy and security concerns loom as consumers and companies grapple with the implications of handling sensitive genetic data. DTC Genetic Testing Market is dedicated to maintaining consumer trust through strong confidentiality practices and transparent communication. In parallel, the need for accurate interpretation of complex genetic results remains a priority, with ongoing efforts aimed at refining testing methods and increasing consumer understanding.

Technological advancements emphasize market development

Innovations in genomics, particularly DNA sequencing and data analysis, have been fundamental to market development. As technologies advance, companies can provide more accurate insights at affordable costs, which will help in the widespread adoption of such services. North America has a commanding position in the market with high consumer awareness, favorable regulatory environment and strong presence of industry leading players.

Sectoral insights and regional dominance

This report highlights the growing interest in parentage and relationship testing, along with the predominant use of single nucleotide polymorphism (SNP) chips in testing. In terms of regional insight, North America dominates as the leader in the DTC genetic testing market due to its advanced healthcare infrastructure and favorable conditions for market growth.

Companies adapt to extensive remote services and consulting

In response to evolving consumer expectations, the DTC genetic testing market is witnessing a diversification of test offerings. The move towards telehealth and telecounseling as facilitative measures ensures that genetic counseling and support is readily available to consumers and increases their understanding of test results.

Key Features

Prominent companies

• 23andMe, Inc.

• Ancestry.com, LLC

• Color Health, Inc.

• Helix, Inc

• Council, Inc.

• My Heritage Ltd

• Living DNA Ltd.

• Mapmygenome India Limited

• Full Genomes Inc

• Direct Laboratory Services, LLC

The story continues

For more information on this report visit https://www.researchandmarkets.com/r/u3tc9r

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, top companies, new products and the latest trends.

the attachment

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900