Global Direct to Consumer Laboratory Testing Market 2023-2027: From Genes to Wellness: A Deep Dive into Market Segmentation and Trends in DTC Laboratory Testing

Dublin, Sept. 26, 2023 (GLOBE NEWSWIRE) -- The "Global Direct to Consumer Laboratory Testing Market 2023-2027" report has been added to's offering.

The direct-to-consumer laboratory testing market is poised for significant growth during the forecast period. Here are some key insights from the report:

Market Growth Forecast:

  • The direct-to-consumer laboratory testing market is projected to grow by USD 9,703.47 million during the period of 2022-2027.
  • The market is expected to accelerate at a remarkable CAGR of 31.59% during this period.

Market Drivers:

  • Convenience and Accessibility of DTC Laboratory Testing: The convenience and accessibility offered by direct-to-consumer (DTC) laboratory testing are major drivers of market growth.
  • Increased Disposable Income: Rising disposable income among consumers is contributing to increased spending on health and wellness, including DTC laboratory testing.
  • Rising Geriatric Population: With the aging of the population, there is a growing demand for health-related services, including laboratory testing.

Market Segmentation:

  • The direct-to-consumer laboratory testing market is segmented by type into blood, urine, saliva, and others.
  • It is also segmented by application, with categories including routine clinical testing, diabetes testing, genetic testing, thyroid stimulating hormone testing, and others.
  • Geographically, the market is segmented into North America, Europe, Asia, and the Rest of the World (ROW).

Trends Driving Market Growth:

  • Increased Internet Penetration: The growth in internet penetration is fueling market growth, making it easier for consumers to access DTC laboratory testing services online.
  • Advances in Testing Technology: Continuous technological advancements in testing kits are expanding the scope and accuracy of DTC laboratory testing.
  • Robust Growth of the Healthcare Industry: The healthcare industry's overall growth and emphasis on preventive healthcare are contributing to the demand for DTC laboratory testing.

Vendor Analysis:

  • The report provides a detailed analysis of around 25 leading vendors in the DTC laboratory testing market.
  • These vendors play a crucial role in providing a range of testing services to consumers.

Key Players:

  • 23andMe Holding Co.
  • Any Lab Test Now Inc.
  • Color Health Inc
  • DecodeME Partnership
  • Direct Laboratory Services LLC
  • EasyDNA
  • Everlywell Inc.
  • Genesis Healthcare Co.
  • International Biosciences
  • Konica Minolta Inc.
  • Laboratory Corp. of America Holdings
  • LetsGetChecked
  • MyMedLab Inc.
  • Myriad Genetics Inc.
  • Quest Diagnostics Inc.
  • Sonora Quest Laboratories
  • Ulta Lab Tests LLC
  • Walk In Lab LLC.
  • WellnessFX

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