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Global direct-to-consumer (DTC) genetic testing market forecast to 2022 just published

Global direct-to-consumer (DTC) genetic testing market forecast to 2022 just published

This research report titled ‘Global DTC genetic testing Market 2017-2022’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.

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This report studies Direct-to-Consumer (DTC) Genetic Testing in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering

23andMe

deCODEme

DNA DTC

GeneByGene

Genecodebook Oy

Genetrainer

MD Revolution

Myriad Genetics

Navigenics

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The global DTC genetic testing market grew due to increasing awareness about whole genomic analysis for the early detection of diseases. The growing incidence of chronic diseases such as breast and colorectal cancer, neurological disorders such as Parkinson’s disease, and other diseases such as sickle cell anemia (SCA) is also driving the growth of the market.

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The DTC genetic testing market contains two business models; one-to-one and one-to-many. In the one-to-one model, the results are discussed directly by the companies with the consumer or with the physician.

In the one-to-many model, DTC companies will only conduct a genetic test once they receive consent from the consumer and the data is owned by the companies. DTC genetic testing companies obtains profit from the sales of DTC genetic testing kits to the consumer, physician, and the sales of genetic data to pharmaceutical companies.

The paradigm shift in business models is identified as one of the key trends behind the growth of the DTC genetic testing market.

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  • www.kminsights.com/reports/global-…report-2016-75361
  • goo.gl/5Z7Vqr