DNA Test Kit Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030
Page: 215 | Report Code: LS240503 | Research Suite: Report (PDF) & Market Data (Excel)
The global market value of the DNA test kit market was valued at USD 1.2 billion in 2022, and a CAGR of 23.1% is expected during the forecast period. It provides convenient and accessible solutions for genetic testing and personal genomics. It allows people to explore their ancestry, assess genetic health risks, and learn about their heritage.
Increasing demand for diagnosing certain chronic diseases like cancer, stroke, and a range of genetic disorders is driving growth in the market significantly. There is an increasing demand to diagnose genetic disorders, including the risk of certain types of cancer, strokes, and heart disease. Rising awareness about ancestry and origin is driving demand in the DNA test kit market.
Impact of Covid-19
COVID-19 has had a negative impact on the market due to
supply-chain disruption, stringent lockdown and social distancing, and economic
uncertainties. The market had to witness a slowdown in the initial phase; later
on, there was a surge in demand as people sought to learn more about their
health and ancestry. Supply chain disruptions have negatively impacted
production. People are curious to know about their ancestors. Increased focus
on health and wellness during the pandemic has also spurred interest in DNA
testing, leading to innovation and growth opportunities. Rising awareness about
ancestry and origin is driving growth in the market significantly. Increasing
adoption of organic growth strategies is driving market demand.
Growth Drivers
There is an increasing interest among people in personalized healthcare solutions, including understanding their genetic predispositions to various health conditions. The popularity of genealogy and ancestry tracing has surged, with many individuals curious about their ethnic origins and family history. Advancements in DNA sequencing technologies have made DNA testing cheaper, accessible, and accurate, making it a making it a driving option among consumers.
The growing focus on health and wellness, coupled with the desire
for proactive healthcare measures, has led to increased demand for DNA tests
that provide insight into nutrition, fitness, and disease risk. Increased
awareness about the benefits of DNA testing is driving the market
significantly. The integration of DNA testing into clinical practice for
disease diagnosis, treatment selection, and pharmacogenomics is expanding
further. Growing global awareness of personalized medicine and genetic testing
is driving significant growth in the market.
Segmentation
Sample Type
·
Saliva
·
Blood
·
Tissue
·
Teeth and Bones
·
Hairs
·
Others
Application Insight
·
Ancestry Testing
·
Diet and Nutrition
·
Disease Risk Assessment
·
Others
End-Users Insight
·
Hospitals
·
Forensic Laboratories and Diagnostics
·
Academics and Research Institutes
·
Others
Regional Outlook
·
Asia Pacific
·
North America
·
Latin America
·
Europe
·
Middle East and Africa
DNA Test KIT Market by End-Users
Segmentation
On the basis of end-users, the DNA Test Kit Market is segmented into hospitals, forensic laboratories and diagnostics, academic and research institutes, and others. Diagnostic and forensic facilities are the leading segment in the market because DNA testing is widely used in forensic applications for identifying individuals, solving crimes, and establishing familiar relationships.
This includes DNA profiling, paternity testing, and criminal investigations. The accuracy and reliability of DNA tests make them indispensable tools for law enforcement and legal proceedings. The use of DNA tests in research and development is another significant factor driving this segment. Scientists and researchers utilize DNA testing to study genetic variations, population genetics, evolutionary biology, and gene expression.
This contributes to advancement in medical science, agriculture, anthropology,
and other fields. Regulatory agencies often require DNA testing for various
purposes, such as ensuring food safety, monitoring infectious diseases, and
maintaining quality control in healthcare settings, which is driving the growth
of the market significantly.
DNA Test KIT Market by Application
Segmentation
On the basis of the application, the DNA Test KIT market is segmented into Ancestry Testing, Diet and Nutrition, Disease Risk Assessment, and Others. Ancestry testing is a leading segment and is expected to dominate the market during the forecast period due to consumer interest and advancements in technology. Companies offering ancestry DNA tests have made the process convenient by allowing consumers to collect DNA samples at home using saliva or cheek swabs and mailing them to laboratories for analysis.
Growing fascination
with genealogy and discovering one’s roots among consumers worldwide. Ancestry
testing provides individuals with insight into their ethnic origins, migration
patterns of their ancestors, and connections to distant relatives, satisfying
this curiosity. Ancestry testing companies heavily promote their services
through targeted marketing campaigns, celebrity endorsements, and media
coverage. Many ancestry DNA tests also provide health-related information, such
as genetic predispositions to certain diseases or traits associated with
wellness.
Regional Outlook
On the basis of the regions, the DNA test kit market is segmented into 5 types: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. North America is the dominant market and is expected to dominate the market during the forecast period due to a strong biotechnology market and high consumer awareness about personal genetics. Ease of access and high disposable income in the U.S.A. provide an opportunity to purchase DNA test kits for health, ancestry, and genealogy purposes.
Asia Pacific is also experiencing significant growth in the market due to rising disposable income, and middle-class population awareness about health is driving the growth in the market significantly. Awareness in these countries is currently lower than in western countries. Increasing healthcare expenditure and the growing adoption of personalized medicine in the region are driving growth in the market. In Europe, the DNA test kits market is experiencing significant growth, fueled by factors such as increasing consumer awareness of ancestry testing and genetic health risk assessments.
Advancements in
technology and supportive government initiatives. Countries like the U.K.,
Germany, and France are among the leading markets in the region. Both regions
are witnessing robust growth in the DNA test kit market. Rising awareness about
ancestry and increasing product launches are driving significant growth in the
market. Advancements in technology have made DNA testing more accessible and
affordable to the general public. Companies offering ancestry DNA tests have
made the process convenient.
Key Players
·
Devyser
·
Illumina
·
Living DNA Ltd
·
MyHeritage Ltd
·
Gene by Gene
·
Ancestry
·
Easy DNA
·
Helix OpCo LLC
·
Veritas
·
Genesis and Co.
·
MapmyGenome
·
Pathway Genomics
· Other Players