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Consumer Genomics Market Size is projected to reach USD 4.63 billion by 2019 - 2025

The global consumer genomics market size is projected to reach USD 4.63 billion by 2025 expanding at a CAGR of 20.3% during the forecast period, Key factors driving the market include increasing awareness about implementing the genomic tests for the prediction of disease susceptibility and adoption of these tests as a personalized guide to fitness. Consumer genomic products are marketed through online websites that encourage customers to implement end-to-end solutions. These solutions can be applied for screening vulnerabilities of inherited diseases, person's ancestry, carrier screening with just a swab of the saliva sample at their home settings.

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Consumer Genomics Market Size is projected to reach USD 4.63 billion by 2019 - 2025

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  1. Consumer Genomics Market Size is projected to reach USD 4.63 billion by 2019 - 2025 “Consumer Genomics Market Size, Share & Trends Analysis Report By Application (Genetic Relatedness, Diagnostics, Lifestyle, Wellness, & Nutrition, Ancestry), By Region, And Segment Forecasts, 2019 - 2025.” The global consumer genomics market size is projected to reach USD 4.63 billion by 2025 expanding at a CAGR of 20.3% during the forecast period. Key factors driving the market include increasing awareness about implementing the genomic tests for the prediction of disease susceptibility and adoption of these tests as a personalized guide to fitness. Consumer genomic products are marketed through online websites that encourage customers to implement end-to-end solutions. These solutions can be applied for screening vulnerabilities of inherited diseases, person's ancestry, carrier screening with just a swab of the saliva sample at their home settings. The emergence of new consumer genomics market participants, such as Helix and Pathway Genomics, and the development of specific and user-friendly DTC tests lead to increased competition. Expanding scope of application of personalized medicine with the advancements in genetic technologies and single nucleotide polymorphism genotyping has paved the path for the treatment of complex diseases. Reducing costs of sequencing has made it possible to deliver genetic test analysis at affordable prices. Thus, the growing trend of DTC testing has evolved and is empowering the customers to have an in-depth analysis of their genomic data to assist them in making proactive health-related decisions. Request A Sample Copy Of This Report at: https://www.radiantinsights.com/research/consumer-genomics-market/request- sample Follow Us:

  2. Further key findings from the study suggest: Advancements in the field of diagnostics supports the use of genomic data to extract the information about disease susceptibility, thereby fueling the consumer genomics market growth Easy availability of maternal and paternal tests with minimal requirement of genetic counseling attributes to the dominant share of genetic relatedness Growing awareness about non-invasive prenatal testing among drives the reproductive health application segment Presence of key companies like AncestryDNA and 23andMe and number of ongoing genomics- related studies in U.S. contribute to the largest share of North America Asia Pacific is expected to witness fastest CAGR from 2019 to 2025 owing to rising awareness about consumer genetic tests along with evolving genomic landscape in China Companies in the global market include Ancestry; 23andMe, Inc.; Helix OpCo LLC; Xcode Life; Diagnomics, Inc.; Gene By Gene, Ltd. (FamilyTree DNA); Color Genomics; Positive Biosciences, Ltd.; Futura Genetics; Mapmygenome; Pathway Genomics; MyHeritage Ltd.; and Toolbox Genomics These companies have undertaken several initiatives, such as the inclusion of pre- and post- genetic counseling for consumers Browse Full Research Report at: https://www.radiantinsights.com/research/consumer- genomics-market Table of Contents: Chapter 1 Executive Summary 1.1 Market Snapshot Chapter 2 Research Methodology 2.1 Information Procurement 2.1.1 Purchased Database 2.1.2 GVR's Internal Database 2.2 Data Analysis 2.3 Market Formulation & Validation 2.4 Approaches for Market Estimation 2.4.1 Approach 1: Commodity Flow & Bottom Up Approach Follow Us:

  3. Chapter 3 Consumer Genomics Market Variables, Trends, & Scope 3.1 Market Segmentation & Scope 3.1.1 Market driver analysis 3.1.1.1 Rise in interest of consumers & physicians in DTC kits & consequent rise in sales of DNA test kits Continued… See More Reports of This Category by Radiant Insights at: https://www.radiantinsights.com/catalog/pharmaceuticals-and-healthcare About Radiant Insights,Inc: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. Contact Details: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc 28 2nd Street, Suite 3036, San Francisco, CA 94105, United States Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Web: http://www.radiantinsights.com/ Visit Our Blog: http://industryinsightreport.blogspot.com Follow Us:

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