Global consumer genomics market is set to witness a healthy CAGR of 20.45% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Increasing trend of DTC testing and growing application areas of genomics are the factor for the growth of this market.
Marketing executives, stakeholders, and business owners can refer this market research report to design their offerings & understand how competitors attract their potential customers and manage their supply and distribution channels.. Besides, this industry research report helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively. When tracking the market trends, researchers have made a careful effort to analyse and interpret the consumer behaviour. This global Consumer Genomics Market analysis report provides a unique insight into the Healthcare industry over the forecasted period.
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This promotional business report puts light on the significant aspects which are backing to the growth of the global Consumer Genomics Market. The prime objective of this business document is to highlight the various key market dynamics including drivers, trends, and restraints. These market dynamics factors have the potential to impact the market. This industry analysis report has provided the detailed information to the audience about the way Healthcare industry has been heading since past few months & how it is going to take a shape in the years to come. The global Consumer Genomics Market report offers a comprehensive analysis of the Healthcare industry.
Few of the major competitors currently working in the global consumer genomics market are 23andMe, Inc., Gene by Gene, Mapmygenome – Know Yourself, Color Genomics, Inc., Helix OpCo LLC, MyHeritage Ltd, Pathway Genomics, Veritas Genetics, Myriad Genetics, Inc., Illumina, Inc., Xcode Life, Diagnomics, Inc., Toolbox Genomics, Thermo Fisher Scientific Inc., QIAGEN, Eurofins Scientific, Genomic Health, Invitae Corporation, Nebula Genomics, PerkinElmer Inc., Oxford Nanopore Technologies and others
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Market Definition: Global Consumer Genomics Market
Consumer genomics is related with the sequencing, interpretation and sequencing of the genome. They are widely used in application such as diagnostics, wellness and nutrition, reproductive healthcare, genetic relatedness, ancestry and others. If genotypes are known, this helps the individual to know about their ancestry inference, disease risks and other trait expression. Increasing prevalence for personalized genomics is the factor fueling the growth of this market.
Segmentation: Global Consumer Genomics Market
Consumer Genomics Market : By Application
- Genetic Relatedness
- Wellness, & Nutrition
- Reproductive Health
- Personalized Medicine & Pharmacogenetic Testing
- Sports Nutrition & Health
Consumer Genomics Market : By Technology
- Nucleic Acid Extraction and Purification
- Other Technologies
Consumer Genomics Market : By Product and Service
- Systems & Software
Consumer Genomics Market : By Geography
- North America
- South America
- Middle East and Africa
Key Developments in the Market:
- In April 2019, PerkinElmer along with Helix announced the launch of their new consumer gene testing product GenePrism. This product has the ability to analyze 59 genes and is very suitable for individuals who don’t have any information about their family history of disease. Helix will be sequencing the user’s DNA and further passing the result to PerkinElmer medical geneticists so that they can provide data analysis and interpretative service. With this product launch the company has expanded its product portfolio in the market.
- In November 2018, Nebula Genomics announced the launch of consumer genetics: the ability for individuals to have their full genome sequenced. This new platform will connect the consumer with the researchers so that they can help them in advance biomedical research. This is specially designed so the consumer can share their genomic data in a fair and transparent ecosystem and assisting the scientists in performing the transformative research.
Global consumer genomics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of consumer genomics market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Key questions answered in the report :
- What are the challenges being faced by the new entrants?
- Which will be the Consumer Genomics Market application and sorts and estimate joined intently by makers?
- Which will be the dangers which will attack growth?
- The length of the global Consumer Genomics market opportunity?
- How Consumer Genomics Market share advance vacillations their value from various assembling brands?
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