Consumer Genomics Market 2028 Growing Worldwide By Best Key players- Ancestry; Gene By Gene, Ltd. (FamilyTree DNA); 23andMe, Inc.; Color Genomics, Inc; Myriad Genetics, Inc; Mapmygenome; Positive Biosciences, Ltd; Futura Genetics; Helix OpCo LLC; MyHeritage Ltd.; Pathway Genomics; Veritas
The global consumer genomics market size is projected to reach USD 8.1 billion by 2028 , according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 19.4% from 2021 to 2028 . Technological advances in genetic research have helped to raise awareness among physicians as well as consumers pertaining to the use of gene-based testing. Genomics testing enables the determination of common traits by studying a DNA molecule, predictions about health, and offers evidence of a person’s ancestry. Several companies are providing DNA tests directly to customers by which they have access to their genetic information without involving the healthcare professional. Rising awareness about DNA testing has driven the adoption rate, which in turn provides healthy growth prospects for the implementation of DNA tests in home settings. The continuously declining costs of genotyping have resulted in direct-to-consumer services becoming more accessible to the avera