Consumer Genomics Market is valued at USD 2259.0 Million in 2021 and expected to reach USD 7806.3 Million by 2028 with a CAGR of 19.38% over the forecast period.
Growing health awareness owing to the increasing prevalence of the diseases, rising adoption of personalized medicine and growing government initiatives for genomics project are some of the major driving factors anticipated to drive the growth of the Global Consumer Genomics Market.
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Scope of Global Consumer Genomics Market Report–
Genomics is the branch of genetics which predict individual risk for disease and modify health care accordingly. Consumer genetics based on the principle that each person’s DNA is unique and that certain variations in genes can predispose to certain diseases related to sequencing, analysis and interpretation of the genome of an individual. A specific medical condition is recommended by healthcare provider for investigation. The genetic test can be purchased online without help of the healthcare provider while consumer-driven genetic testing ordered by a health care provider in response to an informed patient request. Consumer genomics tests can determine how body makes certain proteins or how it processes different nutrients. Genomic test information helps understand how food, exercise, stress, sleep and the impacts body.
Consumer Genomics Market Key Players:
- Merk
- GlaxoSmithKline
- 23andMe
- Gene by Gene, Ltd.
- Positive Biosciences, Ltd.
- Mapmygenome
- Color Genomics, Inc.
- Futura Genetics
- Johnson and Johnson
- Pfizer
- Sanofi
- AstraZeneca
- CSL Ltd
- Abbott and Serum Institute of India
Global Consumer Genomics Market Segmentation:
By Technology
- Nuclear Acid Extraction & Purification
- Microarray
- Next Generation Sequencing
- PCR
- Others
By Application
- Reproductive Health
- Personalized Medicine & Pharmacogenetic Testing Diagnostics
- Genetic Relatedness
- Ancestry Testing
- Sports & Nutrition
- Precision Medicine
- Genetic Screening
- Others
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North America is Expected to Dominate the Global Consumer Genomics Market
North America is expected to dominate the global consumer genomics market due the increasing research in this field, presence of major players, and rising investments in the industry in this region. One of the major factors driving the global consumer genomics in North America is increasing research in this field.
Asia-Pacific is anticipated to be fastest growing region in the global consumer genomics market due the increasing research & development activities, rising awareness regarding DTC testing and growing number of supportive government initiatives and fundings for research in this region.
By Region Analysis
North America
- U.S.
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Netherland
- Turkey
- Switzerland
- Belgium
- Rest of Europe
Asia-Pacific
- China
- South Korea
- Japan
- India
- Australia
- Philippines
- Singapore
- Malaysia
- Thailand
- Indonesia
- Rest Of APAC
Latin America
- Brazil
- Mexico
- Colombia
- Argentina
- Peru
- Rest of South America
Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest Of MEA
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of the market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are the main factors responsible for new product launches?
- How big are the global & regional markets in terms of revenue, sales, and production?
- How far will the market grow in the forecast period in terms of revenue, sales, and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2028?
- Which region has more opportunities?
Key Benefits of Global Consumer Genomics Market Report-
- Global Consumer Genomics Market report covers in-depth historical and forecast analysis.
- Global Consumer Genomics Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
- Global Consumer Genomics Market report helps to identify opportunities in marketplace.
- Global Consumer Genomics Market report covers extensive analysis of emerging trends and competitive landscape.
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