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Direct-to-Consumer Genetic Testing Market Expected To Grow With USD 8.8 Billion By 2030

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  San Francisco, 9 Aug 2023:  The Report  Direct-to-Consumer Genetic Testing Market  Size, Share & Trends Analysis Report By Test Type (Nutrigenomics, Carrier), By Technology (Whole Genome Sequencing), By Distribution Channel, By Region, And Segment Forecasts, 2023 - 2030 The global direct-to-consumer genetic testing market size is expected to reach USD 8.8 billion by 2030, expandingat a CAGR of 24.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. The major drivers of market growth include increasing awareness about the potential benefits of genetic testing, growing demand for personalized medicine, and decreasing the cost of genomic sequencing. Moreover, the number of companies offering direct-to-consumer (DTC) genetic testing services has increased, offering consumers a wider range of options. The marketplace is moderately fragmented, with a large number of medium and large-sized companies accounting for the majority revenue of the market. These entitie