Predictive genetic testing & consumer/wellness genomics market size worth $4.6 billion by 2025
“The global predictive genetic testing & consumer/wellness genomics market is anticipated to reach USD 4.6 billion by 2025. Shifting attention of federal regulatory agencies due to the rising public health concerns for the safety, validity, and effectiveness of genetic tests is anticipated to boost growth over the forecast period�
The global predictive genetic testing & consumer/wellness genomics market is anticipated to reach USD 4.6 billion by 2025, according to a new report by Grand View Research, Inc. Key drivers attributing to the market expansion include rising awareness pertaining to the use of genomic tests for the prediction of gene susceptibility for probability of disease development. Genetic data in the ecosystem increases when consumers buy direct-to-consumer genomics products or participate in clinical research trials. Rising encouragement for the use of these products is anticipated to propel industrial growth. Expansion in the range of consumer genetic tests by market entities is anticipated to fuel progress in the market in the coming years. Introduction of novel platforms anticipates the DNA-powered applications thus rising market penetration.
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