Market Overview

The Global Consumer Genomics Market was valued at USD 1,577.2 million in 2023 and is expected to reach USD 9,281.3 million by 2031 while growing at a CAGR of 24.8% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global Consumer Genomics market growth. Consumer genomics, a branch of genomics, delivers genetic information directly to individuals through commercial services. This involves analyzing an individual's DNA to reveal details about ancestry, genetic traits, health risks, and more. Users leverage these services to gain insights into their genetic makeup, enabling informed decisions about health, lifestyle, and relationships.

Advancements in genomics technology and growing awareness of privacy issues tied to genetic data are expected to drive significant growth in the Consumer Genomics market. Despite this potential, challenges such as heightened privacy concerns and the absence of standardized guidelines, along with stringent regulations, may impede market expansion.

Furthermore, the global Consumer Genomics industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Application Analysis

The Global Consumer Genomics Market is segmented among Genetic Relatedness, Diagnostics, Lifestyle, Wellness, & Nutrition, Ancestry, Personalized Medicine & Pharmacogenetic Testing, Sports Nutrition & Health, and Other Application Types, based on Application. In 2023, Genetic Relatedness accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Consumer Genomics Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are 23andMe, Inc., Positive Biosciences, Ltd, Futura Genetics, Helix OpCo LLC, MyHeritage Ltd, Pathway Genomics, Veritas, Illumina, Inc., Xcode Life, and Toolbox Genomics.

 Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Consumer Genomics Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Consumer Genomics Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Consumer Genomics Market Segmentation, By Application

• Global Consumer Genomics Market Share Analysis, By Application

• Global Consumer Genomics Market Growth Analysis, By Application

• Global Consumer Genomics Market Trends, By Application

o Genetic Relatedness

o Diagnostics

o Lifestyle, Wellness, & Nutrition

o Ancestry

o Personalized Medicine & Pharmacogenetic Testing

o Sports Nutrition & Health

o Other Application Types

6. Global Consumer Genomics Market Segmentation, By Region

• Global Consumer Genomics Market Share Analysis, By Region

• Global Consumer Genomics Market Growth Analysis, By Region

• Global Consumer Genomics Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

7. Competitive Landscape

• 23andMe, Inc.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Positive Biosciences, Ltd

• Futura Genetics

• Helix OpCo LLC

• MyHeritage Ltd

• Pathway Genomics

• Veritas

• Illumina, Inc.

• Xcode Life

• Toolbox Genomics

 *Similar analysis will be provided for each company listed above.