About DNA Test Kit
Technological advancement in the field of Scientific research, as well as in research instrument, it is increasing the importance of Genetic testing. DNA testing//Gynecological DNA Testing has wide applications in the healthcare industry especially in the field of Gynecology. Gynecological DNA testing helps to determine the ancestral relationship between individuals. DNA testing kits are being used and it is becoming popular due to various advantages such as easy to use and their affordability. These Kits are used for DNA-based test which looks at specific locations of a person's genome in order to determine ancestral ethnicity and genealogical relationships. The procedure for testing involves extracting DNA from the sample, the companies search DNA for certain genetic variants. The building blocks of DNA are chemical bases called nucleotides (A, T, G, C). DNA testing companies determine which of the four letters is present at which locations in the genome. Sequence shared among humans depends on specific letters that vary from person to person, known as Single Nucleotide Polymorphisms (SNPs).
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key players are fragmented with many players who are highly focused on innovation in production technologies to improve efficiency and shelf life. A large number of market players are offering Autosomal DNA test kits and an increase in the demand for autosomal DNA testing services. A number of market players is offering DNA test kits which are used in research, forensic investigations and home healthcare care. Such as, AncestryDNA, a manufacturer of DNA test kits, allows the user to link up the information about their relatives with family tree software. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global DNA Test Kit market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AncestryDNA (Ireland), 23andMe (United States), National Geographic Partners LLC (United States), LivingDNA (United Kingdom), Thermo Fischer Scientific Inc., (United States), FamilyTree DNA (United States), MyHeritage (Israel) and uBiome, Inc., (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are DNAFit (India), DNA Testing Center of America (United States), EasyDNA. (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global DNA Test Kit market by Type (Autosomal DNA Tests, mtDNA Tests and Y-DNA tests), Application (Scientific Research, Medical, Forensic and Others) and Region.
On the basis of geography, the market of DNA Test Kit has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Test type Analysis, the sub-segment i.e. Animal DNA Test Kit will boost the DNA Test Kit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Type of DNA Testing Kits Industry, the sub-segment i.e. Whole Blood Bacterial will boost the DNA Test Kit market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The increasing prevalence of diseases such as cancer, cystic fibrosis, Alzheimer’s and other genetic diseases
Market Growth Drivers:
Increasing awareness about DNA testing for the gynecological purpose and The growing number of research laboratories testing DNA test kits.
Challenges:
Lack of skilled professionals in research laboratories for carrying out DNA testing may pose a challenge for this market.
Restraints:
Cost factor associated with DNA test kits may hamper the Global DNA test kit market.
Opportunities:
The rising number of startup companies acquiring DNA test kits is providing an opportunity for this market.
Market Leaders and their expansionary development strategies
In August 2022, Verogen, Inc. and Gene by Gene have entered into a partnership aimed at expediting the adoption of forensic investigative genetic genealogy. Under this collaboration, Gene by Gene, the parent company of FamilyTreeDNA, provide support for DNA uploads originating from the Verogen ForenSeq Kintelligence kit. Notably, this kit is the sole ANAB accredited technology authorized for forensic investigative genetic genealogy (FIGG).
In June 2023, Endocanna Health ("Endocanna"), a pioneering company in endocannabinoid system genomic testing, has been granted a groundbreaking U.S. patent for its DNA test. This unique test enables hyper-personalized cannabinoid therapies in healthcare by leveraging user genetics. With this test, consumers can potentially steer clear of cannabis products that might lead to adverse health effects like cannabis-induced psychosis and rapid heart rate.
Key Target Audience
DNA test Kit Manufacturers, Research organizations, Government and Regulatory bodies, Traders, Distributors, and Suppliers and Investors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.