How big is the consumer genomics market?

The global consumer genomics market size was estimated at USD 1.23 billion in 2022 and is expected to reach USD 1.52 billion in 2023.

What is the consumer genomics market growth?

The global consumer genomics market is expected to grow at a compound annual growth rate of 24.8% from 2023 to 2030 to reach USD 7.20 billion by 2030.

Which application segment led the consumer genomics market?

The genetic relatedness segment led the global consumer genomics market and accounted for the largest revenue share of 19.8% in 2022.

Who are the key players in the consumer genomics market?

Some key players operating in the consumer genomics market include 23andMe, Inc.; Ancestry; Color Genomics, Inc.; Helix OpCo LLC; Gene By Gene, Ltd. (FamilyTree DNA); Mapmygenome; Positive Biosciences, Ltd.; Futura Genetics; MyHeritage Ltd.; Pathway Genomics; Xcode Life; Diagnomics, Inc.; and Toolbox Genomics.

What are the factors driving the consumer genomics market?

Key factors that are driving the consumer genomics market growth include a rise in the interest of consumers & physicians in DTC kits & consequent rise in sales of DNA test kits, increase in access to DTC services due to reducing the cost of genotyping, expansion in applications of DTC genetics, significant investments & initiatives by companies to maintain their competitive edge in the market, and growing trend of personalized genomics.

Which region accounted for the largest consumer genomics market share?

North America dominated the consumer genomics market with a share of 36.56% in 2022. This can be attributed to the early commercialization of genomics in North America as well as the presence of a substantial number of key players dealing with consumer genetic tests.