United States Pet Genetic Testing Service Market was valued at USD 0.70 Billion in 2022 and is projected to reach USD 1.80 Billion by 2030, growing at a CAGR of 12.50% from 2024 to 2030.
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The Us Pet Genetic Testing Service Market Is Experiencing Significant Growth As Pet Owners Increasingly Seek Insights Into Their Pets' Genetic Makeup. With A Rising Demand For Personalized Pet Care, Genetic Testing Services Have Become A Popular Option For Understanding A Pet’S Health, Breed, And Potential Inherited Conditions. This Expanding Market Caters To A Broad Spectrum Of Pet Owners, From Those Seeking To Ensure The Well-Being Of Their Pets To Those Curious About Their Pet’S Breed Composition And Genetic Traits.
Pet Genetic Testing Services Offer A Variety Of Tests, Including Dna Testing To Identify Breed Composition, Health Risks, And Behavioral Traits. These Tests Are Powered By Cutting-Edge Biotechnology And Are Accessible Through At-Home Kits, Making Them Convenient For Pet Owners. Companies Like Embark And Wisdom Panel Have Revolutionized The Market By Offering Easy-To-Use Kits That Deliver Comprehensive Results In Just A Few Weeks. As Of 2023, The Market Has Been Valued At Billions Of Dollars, With Continued Growth Expected Due To Advancements In Technology And An Increasing Number Of Pet Owners Looking For More Personalized Care Solutions For Their Furry Companions.
One Of The Driving Forces Behind This Market Expansion Is The Rising Number Of Pet Owners Who Treat Their Animals As Family Members. The Desire To Understand A Pet'S Genetic Health And Potential Hereditary Issues Has Led To Greater Demand For Genetic Testing. According To Recent Reports, Nearly 40% Of Pet Owners In The Us Are Now Considering Genetic Testing For Their Pets, Driven By Concerns Over Inherited Health Conditions Like Hip Dysplasia And Certain Cancers.
Moreover, The Introduction Of Advanced Testing Methods Such As Whole-Genome Sequencing Has Led To More Precise And Accurate Results. Pet Owners Now Have The Ability To Detect Potential Genetic Disorders Early, Providing Better Treatment Options And Improving The Overall Quality Of Life For Their Pets. This Technological Breakthrough Mirrors The Innovations Seen In Related Fields, Such As The “100 Gigabit Fiber Optic Transceiver Market,” Showcasing The Importance Of Ongoing Research And Development In Diverse Industries.
The Market’S Future Also Looks Promising As Companies Continue To Innovate And Introduce New Testing Options. Partnerships With Veterinary Clinics And Animal Hospitals Are Also Expanding, Providing Pet Owners With Direct Access To Professional Advice And Further Enhancing The Credibility Of These Services. As The Pet Genetic Testing Service Market Continues To Evolve, It Is Likely That More Affordable And Accessible Testing Options Will Emerge, Further Boosting The Market'S Reach And Potential.
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Wisdom Panel
Embark
DNA My Dog
Orivet
MGI
Bioinformagics
Wisdom Pet
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 Pet Genetic Testing Service Market
Comprehensive Genetic Testing
Targeted Genetic Testing
Carrier Testing
Breed Identification Testing
Dogs
Cats
Other Pets (e.g., rabbits, ferrets)
Health Screening
Breeding Decisions
Behavioral Analysis
Ancestry and Lineage Exploration
Pet Owners
Veterinarians
Breeders
Shelters and Rescue Organizations
Online Platforms
Veterinary Clinics
Pet Supply Retailers
Direct Mail and Home Testing Kits
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 Pet Genetic Testing Service 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 Pet Genetic Testing Service Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Pet Genetic Testing Service Market, By Type
6. US Pet Genetic Testing Service Market, By Application
7. US Pet Genetic Testing Service Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Pet Genetic Testing Service Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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