United States Predictive Genetic Testing And Consumer Genomics Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 12 Billion by 2030, growing at a CAGR of 13% from 2024 to 2030.
The US Predictive Genetic Testing and Consumer Genomics market has emerged as one of the most revolutionary areas in modern healthcare. With advancements in genetic sequencing and an increasing interest in personalized medicine, individuals and industries alike are now seeking ways to use genetic data for a variety of purposes. Predictive genetic testing allows for the identification of potential genetic risks, which can inform healthcare decisions, while consumer genomics offers insights into ancestry, traits, and health predispositions. The demand for these technologies has seen an exponential rise, driven by a desire for personalized, proactive health management and an expanding interest in genetic research.
In the US, predictive genetic testing has been embraced by a diverse range of industries, from healthcare providers to insurance companies, and even the beauty and wellness sectors. These industries rely on accurate genetic data to offer tailored services or products, such as personalized health plans, insurance policies based on genetic risk, and beauty treatments designed to optimize skin health based on an individual’s genetic makeup. The trend is also gaining traction within the fitness industry, where companies offer DNA-based workout and diet plans to enhance personal performance and well-being.
As the demand for predictive genetic testing and consumer genomics grows, companies are becoming more focused on how to make genetic data accessible and actionable. Consumers are seeking more accurate and easily interpretable results, leading to the rise of user-friendly platforms that deliver genetic insights directly to individuals without the need for a healthcare provider’s intermediary. This accessibility is empowering individuals to take control of their health, which is a key reason for the rapid growth of this market in the US.
The potential for predictive genetic testing to predict and prevent chronic diseases has also raised interest in the healthcare industry. Hospitals and clinics are increasingly incorporating genetic screening into their routine services, looking to predict genetic conditions that may develop later in life. By offering early intervention options, these organizations aim to reduce long-term healthcare costs and improve patient outcomes.
As we look to the future, the US Predictive Genetic Testing and Consumer Genomics market is poised for continuous growth, with innovations in technology driving new applications across various industries. The continued need for personalized healthcare, combined with consumer interest in understanding their genetic backgrounds, ensures that this market will remain a key player in the future of health and wellness.
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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
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Predictive Genetic Testing And Consumer Genomics Market
Diagnostic Testing
Predictive Testing
Pharmacogenomic Testing
Carrier Screening
Health Risk Assessment
Personalized Medicine
Nutrition & Fitness
Reproductive Health
Ancestry & Genealogy
Polymerase Chain Reaction (PCR)
Next-Generation Sequencing (NGS)
Microarray Technology
DNA Sequencing
Healthcare Providers
Research Institutions
Diagnostic Laboratories
Consumers (Direct-to-Consumer Testing)
Genetic Counseling Services
Sample Collection & Analysis
Data Interpretation & Reporting
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Predictive Genetic Testing And Consumer Genomics Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Predictive Genetic Testing And Consumer Genomics Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Predictive Genetic Testing And Consumer Genomics Market, By Type
6. US Predictive Genetic Testing And Consumer Genomics Market, By Application
7. US Predictive Genetic Testing And Consumer Genomics Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Predictive Genetic Testing And Consumer Genomics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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