According to the latest report published by Credence Research, Inc. “Direct-to-Consumer Genetic Testing: Market Growth, Future Prospects and Competitive Analysis, 2016-2022,” the direct-to-consumer genetic testing market was valued at USD 70.2 Mn in 2015, and is expected to reach USD 340 Mn by 2022, expanding at a CAGR of 25.1% from 2016 to 2022. Browse the full report Direct-to-Consumer Genetic Testing: Market Growth, Future Prospects and Competitive Analysis, 2016-2022 report at http://www.credenceresearch.com/report/direct-to-consumer-genetic-testing-market

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Global Direct-to-Consumer Genetic Testing Market to
Reach Worth USD 340 Mn by 2022 Rising Awareness
about Genetic Diseases to Drive the Market Growth
Report Description:
According to the latest report published by Credence Research, Inc. “Direct-to-Consumer
Genetic Testing: Market Growth, Future Prospects and Competitive Analysis, 2016-2022,” the
direct-to-consumer genetic testing market was valued at USD 70.2 Mn in 2015, and is expected
to reach USD 340 Mn by 2022, expanding at a CAGR of 25.1% from 2016 to 2022.
Browse the full report Direct-to-Consumer Genetic Testing: Market Growth,
Future Prospects and Competitive Analysis, 2016-2022 report at
http://www.credenceresearch.com/report/direct-to-consumer-genetic-
testing-market
Market Insights
Conventionally, genetic tests have been made available only through healthcare providers at
recommendations from physicians . Direct-to-consumer (DTC) genetic testing is defined as
genetic teats marketed directly to individuals through agencies such as internet, pharmacies
and others. DTC genetic testing market is predominantly driven by growing awareness in public
about genetic diseases, growing tendency to take proactive role in personal healthcare and the
ongoing trend of understanding ancestral origins.
Since 2010, the prices of genome testing solutions have observed a sharp decline in prices and
the market is mostly concentrated in the hands of a few market players.
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The utilization of genomic data is yet not perfected, however increasing researches and
growing availability of these solutions will pave way for further improvements in the business
dynamics. On the other hand, notable risks such as vulnerability to misleading outcomes from
unproven or invalid diagnosis, taking improper precautions or health decisions sans
involvement of physician assistance and the associated repercussions may hold back the pace
of this market. Another challenge to the market growth is potential risk of invasion of genetic
privacy through unauthorized use of consumer data.
Genetic data services are roughly categorized into two sections namely, genome reading and
interpretation of genomic data. The current market players mostly offer services that club the
two categories into a single product. However some players have a differentiated their portfolio

2. http://www.credenceresearch.com/report/direct-to-consumer-genetic-testing-market
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by offering DNA genotype as an individual product. Companies offering DTC genetic tests have
varied portfolio and have varied revenue sources.
The global DTC genetic testing market is highly concentrated, with a handful of companies
offering testing solutions. Some of the major players offering direct-to-consumer genetic
testing solutions are 23andMe, MD Revolution, GeneByGene, DNA DTC, Genetrainer, Myriad
Genetics, Genecodebook Oy and others.
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