Market Analysis 2027 Consumer Genomics Market International Future | Seite 2

Global Consumer Genomics Market to 2027 www.theinsightpartners.com MARKET INTRODUCTION Consumer genomics market is growing as it is very frictionless. A patient can purchase a genetic test online and then receive a test kit by mail, and collect a DNA sample in their own home. Patients will receive the results at home and don't need any guidance of a genetic counselor or medical practitioner. Moreover, there are growing applications of consumer genomics in genetic analysis in lifestyle, diet, nutritional plans, noninvasive prenatal testing, sports research, carrier screening, and others. MARKET DYNAMICS The consumer genomics market is anticipated to grow in the forecast, owing to increasing uses of genetic tests, declining cost of sequencing, increasing funds from the market participants to support the consumer genomics-based operations and others. Moreover, improvement in regulatory reforms for consumer genomics products and continuous initiatives for product development is likely to enhance the growth of the market. MARKET SCOPE The "Global Consumer genomics market Analysis to 2027" is a specialized and in-depth study of the biotechnology industry with a special focus on the global market trend analysis. The report aims to provide an overview of consumer genomics market with detailed market segmentation by application, product type and geography. The global consumer genomics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading consumer genomics market players and offers key trends and opportunities in the market. MARKET SEGMENTATION The global consumer genomics market is segmented on the basis of application, product type and geography. Based on application, the market is segmented as genetic relatedness, diagnostics, lifestyle wellness and nutrition, ancestry, reproductive health, personalized medicine and pharmacogenetic testing, sports nutrition and health and others. Based on product type, the market is segmented into instruments and consumables. 2