Global Predictive Genetic Testing & Consumer/Wellness Genomics Market was worth US$ 2.62 Bn. in 2022 and total revenue is expected to grow at a rate of 6.73 % CAGR from 2022 to 2029, reaching almost US$ 4.14 Bn. in 2029.
Global Predictive Genetic Testing & Consumer/Wellness Genomics Market Overview
The research released by Maximize Market Research assists clients in thoroughly comprehending the competitive environment, which serves as a roadmap for strategic planning. The market overview for Global Predictive Genetic Testing & Consumer/Wellness Genomics Market contains in-depth information on the market’s size, trade data, top players, and different market metrics, including life cycle, trends, etc.
Global Predictive Genetic Testing & Consumer/Wellness Genomics Market Report Scope and Research Methodology
The competitive environment for the Global Predictive Genetic Testing & Consumer/Wellness Genomics Market market include technological adoption, financial standing, portfolio, merger and acquisition, joint ventures, and strategic alliances. The market’s drivers, constraints, opportunities, and challenges are all covered in-depth in the report. A bottom-up technique was utilised in the analysis to comprehend market estimations and growth rates for Global Predictive Genetic Testing & Consumer/Wellness Genomics Market.
To comprehend market penetration, pricing and demand analysis, and the competitive environment, regional analysis of the Global Predictive Genetic Testing & Consumer/Wellness Genomics Market market was carried out at the local, regional, and international levels. The study offers fundamental data on the Global Predictive Genetic Testing & Consumer/Wellness Genomics Market market, including stakeholders, investors, and new entrants, which is utilized to create marketing strategies and raise capital.
The market’s data was collected using both primary and secondary data methods. In addition to press headlines, annual reports and financial reports, white papers, etc., secondary data collection techniques include surveys, questionnaires, and telephone interviews with market leaders and business owners. While PORTER is used to assess the level of industry competition in the Global Predictive Genetic Testing & Consumer/Wellness Genomics Market, SWOT analysis is used to pinpoint the market’s risks and weaknesses.
Global Predictive Genetic Testing & Consumer/Wellness Genomics Market Regional Insights
North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa make up the bulk of the market’s segmentation. The report’s Regional Analysis aids in comprehending the Global Predictive Genetic Testing & Consumer/Wellness Genomics Market market industry in various nations. The research provides a thorough analysis of all the variables, including market size, growth rate, and regional import and export.
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Global Predictive Genetic Testing & Consumer/Wellness Genomics Market Segmentation
The predictive genetic testing and consumer/wellness genomics markets are divided into predictive testing, consumer genomics, and wellness genomics based on the test type. Genetic susceptibility tests, predictive diagnostics, and population screening are further categories of predictive testing.
The market segment with the largest revenue share in 2019 was predictive genetic testing. The rise is a result of clinical trials and translational research using testing more frequently. Research and development initiatives in the field of predictive genetics for deciphering complex genes have advanced the market sector. Susceptibility testing has become more popular as a result of the availability of multigene panels for identifying different gene mutations or variants, which has increased revenue.
1. Market Size (Value) Estimates & Forecast By Test Type, 2023-2029
1. Predictive Testing
1. Genetic Susceptibility Test
2. Predictive Diagnostics
3. Population Screening
2. Consumer Genomics
3. Wellness Genomics
1. Nutria Genetics
2. Skin & Metabolism Genetics
3. Others
2. Market Size (Value) Estimates & Forecast By Application, 2023-2029
1. Predictive Genetic Testing & Consumer Genomics
1. Breast & Ovarian Cancer
2. Cardiovascular screening
3. Diabetic Screening & Monitoring
4. Colon Cancer
5. Parkinsonism / Alzheimer’s Disease
6. Urologic screening/ Prostate cancer screening
7. Orthopedic & Musculoskeletal
8. Other cancer screening
9. Other diseases
3.Market Size (Value) Estimates & Forecast By Setting Type, 2023-2029
1. DTC
2. Professional
Global Predictive Genetic Testing & Consumer/Wellness Genomics Market Key Players
• 23andMe, Inc.
• Myriad Genetics, Inc.
• F.Hoffmann-La Roche Ltd.
• Abbott Laboratories
• Genesis Genetics
• Agilent Technologies
• Thermo Fisher Scientific, Inc.
• BGI
• Bio-Rad Laboratories Inc.
• Illumina, Inc.
• Counsyl, Inc.
• ARUP Laboratories
• Pathway Genomics
• Color Genomics Inc.
• Helix
• Other Key Players
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Key questions answered in the Global Predictive Genetic Testing & Consumer/Wellness Genomics Market are:
- What is Global Predictive Genetic Testing & Consumer/Wellness Genomics Market?
- What was the Global Predictive Genetic Testing & Consumer/Wellness Genomics Market market size in 2022?
- What is the growth rate of the Global Predictive Genetic Testing & Consumer/Wellness Genomics Market?
- Which are the factors expected to drive the Global Predictive Genetic Testing & Consumer/Wellness Genomics Market market growth?
- What are the different segments of the Global Predictive Genetic Testing & Consumer/Wellness Genomics Market?
- What are the factors restraining the growth of the Global Predictive Genetic Testing & Consumer/Wellness Genomics Market?
- What is the demand pattern of the Global Predictive Genetic Testing & Consumer/Wellness Genomics Market?
- What major challenges could the Global Predictive Genetic Testing & Consumer/Wellness Genomics Market face in the future?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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