U.S. DTC Genetic Testing Market - Focused Insights 2023-2028

Published Date :  OCT 2023

price

$0
$0

Get this report for lesser with our subscription services

While subscription services provide a hassle-free experience and cost savings.

GO TO SECTION:

Speak With Us

Want to know more about the report or any specific requirement?

About The Report

DOWNLOAD SAMPLE

Americans are prioritizing early diagnosis to combat and shield themselves from potential genetic disorders. Add to this the inherent human desire to explore deeply into one's ancestry, and it's evident why DNA testing is more than simply a fad, but a powerful tool that provides nuanced insights into our past spanning generations.

The U.S. DTC Genetic Testing Market was valued at $0.89 billion in 2022 and is projected to surge to $1.65 billion by 2028, growing at a CAGR of 10.86%. The modern U.S. generation is increasingly curious about their family lineage, with DNA testing emerging as the primary tool offering detailed insights into multiple generations. As per the Genetic Testing Registry in November 2022, of the 12,962 genetic tests conducted, 90% were for clinical purposes. This rise can be attributed to increasing knowledge about genetic disorders, spurring preventive testing, and a rising trend in at-home DNA ancestry testing. Significant market players like Ancestry.com dominate the ancestry domain, and the accessibility of tests has been heightened by online DTC genetic testing.

However, the market faces challenges such as stringent regulations, lack of FDA reviews for many DTC tests, ethical concerns, and quality issues that can lead to false-positive or false-negative results. Additionally, the military's post-2019 advisory against popular DTC genetic testing acts as a limitation. On the technological front, there's been a shift from single-nucleotide variation profiling to gene-specific mutation analysis and from single-nucleotide polymorphism to whole genome sequencing (WGS). However, WGS has raised concerns about privacy.

Services such as health data subscriptions, which provide detailed insights over time, are becoming a new revenue model for companies. Major players like 23andMe and Ancestry collectively occupy over 70% of the U.S. market share. Interestingly, 23andMe has been making strides and challenging Ancestry's dominance. Numerous startups are securing funding for innovative product launches focused on ancestry and carrier testing. The market saw a downturn during the COVID-19 pandemic, with reduced testing volumes in 2020-2021. However, recovery began in 2022 with predictions of regaining pre-pandemic levels by 2023-2024. Factors like renewed interest in ancestral roots, increased health awareness among the younger generation, and expecting couples have spurred the genetic tests' demand. The growing patient population with conditions like cancer and diabetes has also driven testing volume, especially during pregnancy. Launches based on WGS technology are set to reduce testing costs, further broadening market accessibility. As the dynamics of the US DTC Genetic Testing Market evolve, a comprehensive understanding of these intricacies is essential for stakeholders.

KEY HIGHLIGHTS:

  • In the US, genetic tests are usually done for multipurpose, as they are not mutually exclusive. The number of genetic tests is increasing over time.
  • Around 90% of genetic tests carried out are for clinical purposes. Only a limited number of genetic tests are performed for research purposes. Increasing disease populations will increase the demand for DTC testing in the market as a part of preventive care.
  • The increasing demand for personalized nutrition medicine is increasing the demand for DTC in the market, especially among celebrities and bodybuilders.
  • At-home DNA ancestry testing provides complete information about one’s family lineage by analyzing their genetic code and by comparing it with millions of other people’s DNA. The test is usually done with a saliva sample. The current generation of the US is more curious to know about their family history. 
  • 23andMe is the only US FDA that has approved DTC tests for cancer patients. The DTC test has increased the number of people undergoing cancer tests. Some of the companies are providing consultations regarding genetic testing through telehealth platforms.
  • People prefer the subscription model of genetic testing in the market. The longer the subscription more detailed results for the sequences are provided. This provides more personalized solutions to the patients.


solution

Client Oriented Solutions

Arizton provides in-depth market insights and intelligence across various sectors, including Automotive & Mobility, Data Centers, Consumer Goods, and Healthcare & Lifesciences.

marktet

Analytical Approach

Arizton focuses on providing information related to key issues facing the industry, Existing market landscape, regulatory concerns, risk & opportunities, technology evolution, future commercial potential.

folder

Comprehensive Data Repository

The reports provide historical and forecast data for 20+ key countries worldwide. We track product approvals/launches, M&A activities, and collaboration/partnership activities.

application

Publication Analysis

Arizton delivers timely industry updates and customized insights by analyzing peer-reviewed research and business publications.

price

$0
$0

Get this report for lesser with
our subscription services

Summary

REPORT HIGHLIGHTS

SEGMENTATION & FORECAST

  • Test Type
  • Ancestry & Relationship
  • Predictive Testing
  • Nutrigenomics
  • Carrier Testing
  • Others
  • Technology
  • Single Nucleotide polymorphism
  • Whole Genome Sequencing
  • Targeted Analysis
  • Distribution Channel
  • Online
  • Offline
  • MARKET STRUCTURE
  • Market Dynamics
  • Competitive Landscape
  • Key Vendors
  • Other Prominent Vendors
  • Strategic Recommendations
  • Quantitative summary
  • Abbreviations
  • APPENDIX
  • Research Methodology
  • Abbreviations
  • About Arizton

Key Vendors

  • Ancestry
  • 23andME

Other Prominent Vendors

  • 24GENETICS
  • Molecular vision 
  • Dante Genomics
  • Living DNA
  • Family Tree DNA
  • FullGenomes
  • Genebase
  • MyHeritage
  • NebulaGenomics
  • Veritas
  • Homedna
  • ColorHealth
  • Nucleus

Report Preview

U.S. DTC Genetic Testing Market Focused InsightsDOWNLOAD SAMPLE

Please Note : Arizton critically analyzes the industry and market sectors to provide reliable and valuable market intelligence. The research-based knowledge empowers clients to formulate intelligent strategies, resulting in creative, cost-effective, and efficient execution.

Table Of Contents

  • Executive Summary
  • Introduction
  • Key Takeaway

  • Test Type
  • Ancestry & Relationship
  • Predictive Testing
  • Nutrigenomics
  • Carrier Testing
  • Others
  • Technology
  • Single Nucleotide polymorphism
  • Whole Genome Sequencing
  • Targeted Analysis
  • Distribution Channel
  • Online
  • Offline

  • US DTC Genetic Testing Trends
  • US DTC Genetic Testing Drivers
  • US DTC Genetic Testing Constraints

  • US DTC Genetic Testing - Competitive Landscape
  • US DTC Genetic Testing - Key Players
  • US DTC Genetic Testing – Other Prominent Players

  • Research Methodology
  • Abbreviations
  • About Arizton

Exhibit 1: DTC Genetic Testing Market Size & Forecast ($ Bn)

Exhibit 2: Ancestry & Relationship Market Size & Forecast ($ Bn)

Exhibit 3: Predictive Testing Market Size & Forecast ($ Bn)

Exhibit 4: Nutrigenomics Market Size & Forecast ($ Bn)

Exhibit 5: Carrier Testing Market Size & Forecast ($ Bn)

Exhibit 6: Others Market Size & Forecast ($ Bn)

Exhibit 7: Single Nucleotide Polymorphism Market Size & Forecast ($ Bn)

Exhibit 8: Whole Genome Sequencing Market Size & Forecast ($Bn)

Exhibit 9: Targeted Analysis Market Size & Forecast ($Bn)

Exhibit 10: Online Market Size & Forecast ($Bn)

Exhibit 11: Offline Market Size & Forecast ($Bn)

Interested in this report?

Other Related Reports

Europe Cell & Gene Therapy Market - Focused Insights 2023-2028

$ 1800

Navigate the complexities of the Europe Cell & Gene Therapy Market with our comprehensive report. This analysis allows you to identify emerging contenders with robust product portfolios and craft effective counter strategies to secure your competitive edge.

View

Europe Wound Care Market - Focused Insights 2023-2028

$ 1800

Take advantage of our in-depth market insights of the Europe wound care market. Stay ahead of the curve by identifying emerging players with potentially strong service portfolios, and devise counter strategies to gain a competitive edge. Invest in our expert guidance to navigate your business to new heights of success.

View

US Wound Care Market - Focused Insights 2023-2028

$ 1500

Experience the cutting-edge insights of the wound care market in the US. Investments in R&D and the launch of pioneering wound care products and devices are pivotal in boosting sales growth and increasing market shares in the fiercely competitive US wound care market.

View

Frequently Asked Questions

The modern U.S. generation is increasingly curious about their family lineage, leading to a rise in DNA testing to gain detailed insights into multiple generations.

In 2022, the market was valued at $0.89 billion.

The market is projected to reach $1.65 billion by 2028, growing at a CAGR of 10.86%.

According to the Genetic Testing Registry, 12,962 genetic tests were conducted in November 2022.

Download Free Sample

Download free market research reports by Focus Reports covering, industry overview, market size, market share.

Speak with our analyst

Download free market research reports by Arizton covering, industry overview, market size, market share, markets trends.

Our Clients

client2
client3
client4
client5

Interested in this report?

DOWNLOAD SAMPLE