PUBLISHER: Lucintel | PRODUCT CODE: 1455954
PUBLISHER: Lucintel | PRODUCT CODE: 1455954
DTC Laboratory Testing Trends and Forecast
The future of the global DTC laboratory testing market looks promising with opportunities in the hospital, clinic, specialty lab, and diagnostic center markets. The global DTC laboratory testing market is expected to reach an estimated $4.6 billion by 2030 with a CAGR of 8.4% from 2024 to 2030. The major drivers for this market are increased awareness about personal health management, rising prevalence of chronic and infectious diseases, as well as, growing customer knowledge of genealogy and ancestry testing, and rise in aging population.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
DTC Laboratory Testing by Segment
The study includes a forecast for the global DTC laboratory testing by sample type, test type, end use, and region.
List of DTC Laboratory Testing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies DTC laboratory testing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the DTC laboratory testing companies profiled in this report include-
DTC Laboratory Testing Market Insights
Lucintel forecasts that blood will remain the largest segment over the forecast period due to great degree of ease with which phlebotomists can take blood samples at home, the availability of several assays for blood samples, and the high degree of dependability with which blood sample findings can be received.
North America will remain the largest region over the forecast period due to elevated knowledge among consumers regarding personal health management, substantial disposable income, and significant market participants within the area.
Features of the Global DTC Laboratory Testing Market
Market Size Estimates: DTC laboratory testing market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: DTC laboratory testing market size by sample type, test type, end use, and region in terms of value ($B).
Regional Analysis: DTC laboratory testing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different sample type, test type, end use, and regions for the DTC laboratory testing market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the DTC laboratory testing market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the DTC laboratory testing market size?
Answer: The global DTC laboratory testing market is expected to reach an estimated $4.6 billion by 2030.
Q2. What is the growth forecast for DTC laboratory testing market?
Answer: The global DTC laboratory testing market is expected to grow with a CAGR of 8.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the DTC laboratory testing market?
Answer: The major drivers for this market are increased awareness about personal health management, rising prevalence of chronic and infectious diseases, as well as, growing customer knowledge of genealogy and ancestry testing, and rise in aging population.
Q4. What are the major segments for DTC laboratory testing market?
Answer: The future of the global DTC laboratory testing market looks promising with opportunities in the hospital, clinic, specialty lab, and diagnostic center markets.
Q5. Who are the key DTC laboratory testing market companies?
Answer: Some of the key DTC laboratory testing companies are as follows:
Q6. Which DTC laboratory testing market segment will be the largest in future?
Answer: Lucintel forecasts that blood will remain the largest segment over the forecast period due to great degree of ease with which phlebotomists can take blood samples at home, the availability of several assays for blood samples, and the high degree of dependability with which blood sample findings can be received.
Q7. In DTC laboratory testing market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to elevated knowledge among consumers regarding personal health management, substantial disposable income, and significant market participants within the area.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.