What is Relationship DNA Tests?
DNA relationship testing can help to determine whether any relatives have biological ties. This type of test can be used between people with varying degrees of relationship, such as siblings, grandparents, aunts, and uncles. DNA testing procedures might reveal information about a family's relationships. It is possible to determine whether two persons are full or half-siblings. analyses, on the other hand, are not as conclusive as paternity testing, which produces extremely definite results. If two people are complete siblings, can assume that they will share 50% of the analyses of the genetics. When two persons are half-siblings, they will share 25% of their genes.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | 23andMe (United States), MyHeritage (Israel), LabCorp (United States), Myriad Genetics (United States), Ancestry.com (United States), Quest Diagnostics (United States), Gene By Gene (United States), DNA Diagnostics Center (United States), Invitae (United States), Ambry Genetics (United States) and Living DNA (Singapore) |
. The study covers a detailed analysis segmented by key business segments i.e. by type (Mitochondrial DNA Test, Y-Chromosome Test, Genetic Reconstruction Test, Maternity DNA Test and Others) , by application (Direct to consumer and Legal service) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Relationship DNA Tests market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Relationship DNA Tests market analysis report suggests strategies Players can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are 23andMe (United States), MyHeritage (Israel), LabCorp (United States), Myriad Genetics (United States), Ancestry.com (United States), Quest Diagnostics (United States), Gene By Gene (United States), DNA Diagnostics Center (United States), Invitae (United States), Ambry Genetics (United States) and Living DNA (Singapore).
Market Overview:
In January 2022- Exact Sciences Corp announced it has acquired PreventionGenetics, a genetic testing laboratory, to complement its advanced cancer diagnostics portfolio and support its entrance into hereditary cancer testing (HCT). PreventionGenetics provides the clinical lab, expertise, and foundational technology required to expedite the availability of HCT and assist more patients in understanding their germline risk of cancer and other diseases.
The market studied is moderately competitive and consists of a few major players. The growing biotech industry is augmenting the rise of new entrants in this market. It is believed that there will be penetration of a few small to mid-sized companies in this market.
Market Trend
Growing Number Of Laboratories Researching The DNA Kits For Gynecological Purposes and Growing Applications Of DNA Testing In Legal Services
Restraints
- Privacy Concerns Related To Personal Genetic Data
Opportunities
Increasing Geriatric Population Is Also Expected To Boost The Demand and Increasing Penetration Across Emerging Regions
Key highlights of the Global Relationship DNA Tests market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Relationship DNA Tests market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Relationship DNA Tests market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Relationship DNA Tests Players
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Relationship DNA Tests market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Relationship DNA Tests market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment>.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.