(EMAILWIRE.COM, September 05, 2018 ) DTC genetic testing is a service that is offered by companies, retail, and clinical diagnostic laboratories directly to the consumer. DTC genetic testing services are marketed to consumers through television and print and online advertisements. DTC genetic testing is widely adopted owing to increasing awareness about gene sequencing for the early detection of diseases. However, in many countries, companies also conduct gene sequencing for matchmaking, to ascertain ancestry, and to check the vitamin level in the body.

The prevalence of chronic diseases among the adult and older population such as cardiovascular diseases (CVDs), type 2 diabetes, diabetic retinopathy, and age-related macular degeneration is contributing to the increasing customer awareness about directto consumer (DTC) genetic testing. The rising prevalence of chronic diseases has resulted in increased healthcare expenditure and the DTC genetic testing aids in early diagnosis.

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The DTC genetic testing market is highly fragmented due to the presence of several Tier 1, Tier 2, and Tier 3 companies who compete based on factors such as aggressive pricing, product differentiation, capital support for product upgrades, and distribution partnerships. The competition among the manufacturers will intensify due to the advances in technology and product upgrades.

The DTC genetic testing market contains two business models; one-to-one and one-to-many. In the one-to-one model, the results are discussed directly by the companies with the consumer or with the physician. In the one-to-many model, DTC companies will only conduct a genetic test once they receive consent from the consumer and the data is owned by the companies. DTC genetic testing companies obtains profit from the sales of DTC genetic testing kits to the consumer, physician, and the sales of genetic data to pharmaceutical companies. The paradigm shift in business models is identified as one of the key trends behind the growth of the DTC genetic testing market.

A comprehensive analysis of the Global Direct-to-consumer Genetic Testing Market is been done in this intelligence report. It includes the investigations done on the past progress, ongoing market scenarios, and future prospects. An accurate data of the products, strategies and market shares of leading companies in this particular market is mentioned.

The following manufacturers are covered in this report:
23andMe
LabCorp
Myriad Genetics
Quest Diagnostics
African Ancestry
Alpha Biolaboratories
Ambry Genetics
AncestrybyDNA
Anglia DNA Services
Canadian DNA Services
Centrillion Technology
Color Genomics
Counsyl
Dante Labs
DNA Diagnostics Center
DNA Family Check
DNA4Life
DNA Services of America

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Market segment by Type, the product can be split into
Diagnostic Screening
Prenatal, newborn screening, pre-implantation diagnosis
Relationship testing

Market segment by Application, split into
Direct sales
Retail sales
Laboratory sales

The study objectives are:

To analyze and research the global Direct-to-consumer Genetic Testing status and future forecast, involving, production, revenue, consumption, historical and forecast.
To present the key Direct-to-consumer Genetic Testing manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

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