DNA Test Kits Market Size, Share, Forecast Report 2021-2030
The global DNA Test Kits market gathered revenue around 713.7 Million in 2020 and market is set to grow USD 2.8 Billion by the end of 2030. The global DNA Test Kits market is estimated to expand at a modest CAGR of 16.2% during the prediction period2021 to 2030.
DNA test kits are used to collect saliva, which enables the laboratory to extract DNA from it. Subsequently, the laboratory processes the DNA sample on a genotyping chip that recites thousands of genomic variants. Genetic knowledge is processed and personalized reports generated, based on well-established science and medical studies. In terms of sample type, the global DNA test kits market has been bifurcated into saliva and cheek swab. Based on application, the global DNA test kits market has been classified into ancestry testing, diet & nutrition, health & fitness, disease risk assessment, and others.
In terms of distribution channel, the global DNA test kits market has been categorized into online stores and retail stores. Advancements in this area are further due to rise in demand for newborn and pre-natal screening for the detection of congenital defects and increase in use of biobanking services involving DNA testing as a key move for cord blood banking. North America dominated the global DNA test kits market in 2020, and the trend is anticipated to continue during the forecast period
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the DNA Test Kits market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global DNA Test Kits market reportaids in comprehendingmarket structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-downimpact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilaracross various industry verticals. The research reportofferspresent short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lastingtactics for recovery and by region.
DNA Test Kits market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplish sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share.Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Significant Market Participants Operational in the DNA Test Kits Market are:
The global market for DNA test kits. These include Ancestry, 23andMe, Inc., MyHeritage Ltd., Gene by Gene, Ltd., Living DNA Ltd., Helix OpCo, LLC, Veritas, FitnessGenes, and EasyDNA.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects includingproduct type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2030 and covers subsequent region in its scope:
Global DNA Test Kits Market: Segmentation
- DNA Test Kits Market, by Sample Type
- Cheek Swab
- DNA Test Kits Market, by Application
- Ancestry Testing
- Diet & Nutrition
- Health & Fitness
- Disease Risk Assessment
- DNA Test Kits Market, by Distribution Channel
- Online Stores
- Retail Stores
By Regional Outlook
- United States
- United Kingdom
- Rest of EU
- Southeast Asia
- Rest of APAC
Central & South America
- Rest of Central & South America
Middle East and Africa
- North Africa
- South Africa