United States Direct To Consumer Genetic Testing Market
United States Direct-to-Consumer Genetic Testing Market, By Test Type (Nutrigenomics Testing, Predictive Testing, Carrier Testing); By Technology (Whole Genome Sequencing, Single Nucleotide Polymorphism Chips, Targeted Analysis); By Distribution Channel (Online Platform, OTC), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
- Published Date: September 2023
- Report ID: BWC23739
- Available Format: PDF
- Page: 200
Report Overview
The rising consumer interest in personalized health and increasing convenience and accessibility are projected to propel the expansion of the United States direct-to-consumer genetic testing market during the forecast period between 2023 and 2029.United States Direct-to-Consumer Genetic Testing Market - Industry Trends & Forecast Report, 2029
United States direct-to-consumer genetic testing market size was estimated at USD 1.1 billion in 2022. During the forecast period between 2023 and 2029, the size of United States direct-to-consumer genetic testing market is projected to grow at a CAGR of 11.34% reaching a value of USD 2.33 billion by 2029. Major growth drivers for the United States direct-to-consumer genetic testing market include increasing awareness among the general public regarding the accessibility of direct-to-consumer genetic tests, spanning both developed and developing nations. Prominent participants in the market have strategically focused on developing high-quality solutions for direct-to-consumer genetic testing, ensuring the delivery of precise and dependable genetic test outcomes. This trend significantly drives the global Direct-To-Consumer (DTC) Genetic Testing Market. Also, enterprises like 23andMe have undertaken deliberate marketing initiatives to promote their direct-to-consumer genetic tests through both brick-and-mortar and online pharmaceutical outlets. Additionally, businesses are enticing customers with attractive discounts and promotional incentives for their offerings. Genetic testing encompasses medical procedures aimed at examining variations in genes, chromosomes, or proteins, with the objective of confirming or negating the presence of a genetic disorder, or estimating an individual's predisposition towards one. Through direct-to-consumer genetic testing, individuals can access genetic tests with minimal or no involvement of a third-party healthcare professional.
United States Direct-to-Consumer Genetic Testing Market – Overview
Genetic testing encompasses the analysis of genetic material to identify genetic alterations, aiding in diagnosing disorders and predicting susceptibility. In the early 2000s, direct-to-consumer (DTC) genetic testing emerged, empowering individuals to access genetic insights independently. This approach bypasses the need for healthcare intermediaries. DTC genetic testing kits are marketed through online platforms and printed materials, making genetic information accessible to a wider audience. Leading players like 23andMe and Ancestry dominate this landscape, offering insights into both medical and non-medical traits. However, growth is challenged by privacy concerns as companies handle sensitive data. Despite this, positive public perception and continuous investments foreshadow substantial market expansion.
United States Direct-to-Consumer Genetic Testing Market
Growth Drivers
Consumer Interest in Personalized Health
The direct-to-consumer genetic testing market is expected to experience advantageous growth due to the increasing popularity of pharmacogenetics. One notable application of genetics-based personalization lies in the realm of pharmacogenetics, where genetic variations influence the selection of drug therapies, fostering business expansion. Notably, the evaluation and regulation of individualized tests are facilitated through consumer comprehension. Service providers furnish comprehensive information about the analytical and clinical validity of tests, consequently elevating demand within the industry. Moreover, the cost-effectiveness of these personalized tests compared to traditional genetic screenings contributes to their appeal. Also, the results yielded by personalized direct-to-consumer genetic tests can be swiftly obtained using user-friendly and non-invasive methodologies. These factors collectively projects a significant enhancement in the overall market share of direct-to-consumer genetic testing. As this trend gains momentum, the market landscape is likely to witness further evolution and innovation.
Restraints
Regulatory and Ethical Concerns
Regulatory challenges and ethical concerns could affect the expansion of the United States direct-to-consumer genetic testing market. These issues, rooted in concerns about data privacy, accuracy, and appropriate use of genetic information, are causing a restraint in the market's growth trajectory. While DTC genetic testing offers personalized insights to consumers, navigating the complex landscape of regulations and ensuring ethical practices are crucial factors that need to be addressed for sustainable market development. As stakeholders work towards establishing a balance between innovation and responsible practices, the market's future dynamics will be influenced by the resolution of these challenges.
Impact of COVID-19 on United States Direct-to-Consumer Genetic Testing Market
COVID-19 pandemic had a mixed impact on the United States direct-to-consumer genetic testing market. Widespread diagnostic and serological testing have played a pivotal role in containing the disease, facilitating the easing of lockdown measures, and shaping policies for economic recovery. While healthcare providers traditionally administer most diagnostic and serological tests, an emerging trend involves certain companies offering COVID-19 testing directly to consumers (DTC). In this approach, consumers initiate tests through the company's website, diverging from the conventional involvement of healthcare professionals. While limited interactions with healthcare experts are possible, they might primarily involve brief reviews of questionnaires completed during the purchasing process. Consequently, consumers might require increased engagement with healthcare professionals, although select companies do allow post-test consultations for positive results. Also, as these DTC testing entities function independently from established healthcare systems, the integration of test results into patients' medical records remains sporadic.
United States Direct-to-Consumer Genetic Testing Market
Segmental Coverage
United States Direct-to-Consumer Genetic Testing Market – By Test Type
By test type, the United States direct-to-consumer (DTC) genetic testing market is divided into Nutrigenomics Testing, Predictive Testing, and Carrier Testing segments. The carrier testing segment holds the highest share in the United States DTC genetics testing market by test type in 2022. It can be attributed to increasing prevalence of genetic disorders stemming from chromosomal and gene mutations. Many instances of genetic mutations arise from preexisting conditions, familial history complications, or congenital disabilities. Consequently, carrier screening is routinely conducted among pregnant women to assess the risk of transmitting particular genetic disorders to their offspring. These factors collectively contribute to market expansion, propelling the global growth of the direct-to-consumer genetic testing sector. Furthermore, the mounting acknowledgment of the significance of early identification and diagnosis of genetic disorders empowers market stakeholders to formulate strategies across diverse geographical regions.
United States Direct-to-Consumer Genetic Testing Market – By Technology
Based on technology, the United States direct-to-consumer genetic testing market is divided into Whole Genome Sequencing, Single Nucleotide Polymorphism Chips, and Targeted Analysis segments. The whole genome sequencing segment held the highest market share by technology. Whole genome sequencing stands out as an optimal approach for comprehending specific malignancies, affording comprehensive insights spanning from single-base alterations to extensive chromosomal rearrangements. The escalating demand for malignant tumor identification is concurrent with the market's expansion. Whole-genome sequencing (WGS) presents an unparalleled understanding of pathogenesis and cancer biology, carrying implications for diagnostics, prognostics, and the selection of therapeutic interventions. WGS has the capacity to detect sequence and structural variants, effectively merging the core facets of cytogenetics and molecular genetics. Meanwhile, the single nucleotide polymorphism chips segment is expected to witness the fastest growth rate during the forecast period due to its precision in identifying genetic variations at the single nucleotide level. This technology offers comprehensive insights into health predispositions and ancestry, making it a preferred choice among consumers seeking accurate and personalized genetic information. Additionally, SNP chips are cost-effective and offer a wide array of applications, further contributing to their prominent market share.
United States Direct-to-Consumer Genetic Testing Market – By Distribution Channel
Based on distribution channel, the United States direct-to-consumer genetic testing market is bifurcated into Online Platform and OTC segments. The online platform segment held a higher market share by distribution channel due to its convenience and accessibility. Consumers are increasingly drawn to the ease of ordering and receiving genetic testing kits from the comfort of their homes. This segment also benefits from effective marketing strategies, user-friendly interfaces, and the ability to reach a wide audience. These factors collectively contribute to the online platform's prominent position in the market.
Competitive Landscape
Major players operating in the United States direct-to-consumer genetic testing market include 23andMe, AncestryDNA, MyHeritage DNA, Helix, Color, Veritas Genetics, Living DNA, Gene by Gene, TellmeGen, and Pathway Genomics. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Recent Developments
-
In January 2022 - 23andMe declared that its Direct-to-Consumer (DTC) Genetic Test had received approval from the FDA for a hereditary prostate cancer marker. This marked the third instance of the company obtaining clearance for its cancer risk reports.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period – 2023–2029 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
United States |
Product/ Service Segmentation |
Test Type, Technology, Distribution Channel |
Key Players |
23andMe, AncestryDNA, MyHeritage DNA, Helix, Color, Veritas Genetics, Living DNA, Gene by Gene, TellmeGen, Pathway Genomics |
By Test Type
-
Nutrigenomics Testing
-
Predictive Testing
-
Carrier Testing
By Technology
-
Whole Genome Sequencing
-
Single Nucleotide Polymorphism Chips
-
Targeted Analysis
By Distribution Channel
-
Online Platform
-
OTC
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- United States Direct-to-Consumer (DTC) Genetic Testing Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Consumer Interest in Personalized Health
- Convenience and Accessibility
- Restraints
- Privacy Concerns
- Regulatory and Ethical Issues
- Opportunities
- Healthcare Integration
- Continuous Innovation
- Challenges
- Data Security
- Interpretation Complexity
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- United States Direct-to-Consumer (DTC) Genetic Testing Market Overview
- Market Size & Forecast, 2019–2029
- By Value (USD Million)
- Market Share and Forecast
- By Test Type
- Nutrigenomics Testing
- Predictive Testing
- Carrier Testing
- Others
- By Technology
- Whole Genome Sequencing
- Single Nucleotide Polymorphism Chips
- Targeted Analysis
- Others
- By Distribution Channel
- Online Platform
- OTC
- By Test Type
- Market Size & Forecast, 2019–2029
- Competitive Landscape
- List of Key Players and Their Offerings
- United States Direct-to-Consumer (DTC) Genetic Testing Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Covid-19 on United States Direct-to-Consumer (DTC) Genetic Testing Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 23andMe
- AncestryDNA
- MyHeritage DNA
- Helix
- Color
- Veritas Genetics
- Living DNA
- Gene by Gene
- TellmeGen
- Pathway Genomics
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 United States Direct-to-Consumer (DTC) Genetic Testing Segmentation
Figure 2 United States Direct-to-Consumer (DTC) Genetic Testing Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 United States Direct-to-Consumer (DTC) Genetic Testing Market Size, By Value (USD Million), 2019–2029
Figure 5 United States Direct-to-Consumer (DTC) Genetic Testing Market Share, By Test Type, By Value, 2019–2029
Figure 6 United States Direct-to-Consumer (DTC) Genetic Testing Market Share, By Technology, By Value, 2019–2029
Figure 7 United States Direct-to-Consumer (DTC) Genetic Testing Market Share, By Distribution Channel, By Value, 2019–2029
List of Tables
Table 1 United States Direct-to-Consumer (DTC) Genetic Testing Market Size, By Value (USD Million), 2019–2029
Table 2 United States Direct-to-Consumer (DTC) Genetic Testing Market Size, By Test Type, By Value, 2019–2029
Table 3 United States Direct-to-Consumer (DTC) Genetic Testing Market Size, By Technology, By Value, 2019–2029
Table 4 United States Direct-to-Consumer (DTC) Genetic Testing Market Size, By Distribution Channel, By Value, 2019–2029
Table 5 23andMe Company Overview
Table 6 23andMe Financial Overview
Table 7 AncestryDNA Company Overview
Table 8 AncestryDNA Financial Overview
Table 9 MyHeritage DNA Company Overview
Table 10 MyHeritage DNA Financial Overview
Table 11 Helix Company Overview
Table 12 Helix Financial Overview
Table 13 Color Company Overview
Table 14 Color Financial Overview
Table 15 Veritas Genetics Company Overview
Table 16 Veritas Genetics Financial Overview
Table 17 Living DNA Company Overview
Table 18 Living DNA Financial Overview
Table 19 Gene by Gene Company Overview
Table 20 Gene by Gene Financial Overview
Table 21 TellmeGen Company Overview
Table 22 TellmeGen Financial Overview
Table 23 Pathway Genomics Company Overview
Table 24 Pathway Genomics Financial Overview
Table 25 Other Prominent Players Company Overview
Table 26 Other Prominent Players Financial Overview
Market Segmentation
To request a free sample copy of this report, please complete the form below.
We value your investment and offer free customization with every report to fulfil your exact research needs.
Frequently Asked Questions (FAQs):
RELATED REPORTS
WHY CHOOSE US
-
24/7 Research Support
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
-
Custom Research Service
Ask the Analyst to customize an exclusive study to serve your research needs
-
Quality & Accuracy
Ask the Analyst to customize an exclusive study to serve your research needs
-
Data Visualization
As the business world is changing dynamically every day. We need to stay pin point in relation to data management and optimum data utilization
-
Information security
We never share your personal and confidential information. Your personal information is safe and secure with us.