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The global wellness genomics market attained a value of USD 4 billion in 2019. The wellness genomics market is further expected to grow in the forecast period of 2020-2025 at a CAGR of 14% to reach USD 8.8 billion by 2025. The increased awareness of healthcare and the changing preferences of the population for a healthier lifestyle have contributed to the growth of the wellness genomics industry.
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Properties and Applications
Genomics or genome sequencing had been previously synonymous with the threat of a disease or more death. With genome sequencing becoming cheaper and more affordable, numerous bioinformatics companies offer services that use DNA-based information to treat ageing, manage or detect wellness, or even the sports a person must pursue in accordance with genetic information, and eventually attempt to combine a healthy approach to his life. Genetic data can be used for a substantially healthy life. This is now referred to as wellness genomics.
Based on type, the wellness genomics market can be divided into predictive testing and consumer genomics.
Predictive testing can be further divided into:
Consumer genomics is further segmented into:
The setting type is divided into the following:
The wellness genomics market can be broadly categorised based on its applications into:
The EMR report looks into the regional wellness genomics markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The increased awareness of healthcare and the changing population preferences to a healthy lifestyle contributed to the growth of the predictive genetics research and the wellness genomics industry. The global genetic testing and wellness genomics market are expected to be driven by factors such as increased public and private regulatory attention to public health, improved genetic test efficacy and efficiency, the prevalence of genetically modified chronic diseases, and diseases such as Parkinson’s and cystic fibroids. In addition, the growing need to comprehend one’s family history also drives the global market. Strict regulatory regulations and ethics to allow genetic testing could, however, restrict the market growth.
The report presents a detailed analysis of the following key players in the global wellness genomics market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Market Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraints
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Wellness Genomics Market Analysis
6.1 Figure: Global Wellness Genomics Historical Market (2015-2019) & Forecast (2020-2025)
6.2 Chart: Global Wellness Genomics Market Breakup by Type
6.2.1 Predictive Testing
220.127.116.11 Genetic Susceptibility Test
18.104.22.168 Predictive Diagnostics
22.214.171.124 Population Screening Programs
6.2.2 Consumer Genomics
126.96.36.199 Wellness Genetics
188.8.131.52 Nutria Genetics
184.108.40.206 Skin and Metabolism Genetics
6.3 Figure: Global Wellness Genomics Market Breakup by Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.1 Predictive Testing
220.127.116.11 Genetic Susceptibility Test
18.104.22.168 Predictive Diagnostics
22.214.171.124 Population Screening Programs
6.3.2 Consumer Genomics
126.96.36.199 Wellness Genetics
188.8.131.52 Nutria Genetics
184.108.40.206 Skin and Metabolism Genetics
6.4 Chart: Global Wellness Genomics Market Breakup by Setting Type
6.5 Figure: Global Wellness Genomics Market Breakup by Setting Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.6 Chart: Global Wellness Genomics Market Breakup by Application
6.6.1 Breast and Ovarian Cancer Screening
6.6.2 Cardiovascular Screening
6.6.3 Diabetic Screening & Monitoring
6.6.4 Colon Cancer Screening
6.6.5 Alzheimer’s Disease
6.6.6 Prostate Cancer Screening
6.6.7 Orthopaedic and Musculoskeletal Screening
6.6.8 Other Cancer Screening
6.6.9 Other Diseases Screening
6.7 Figure: Global Wellness Genomics Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
6.7.1 Breast and Ovarian Cancer Screening
6.7.2 Cardiovascular Screening
6.7.3 Diabetic Screening and Monitoring
6.7.4 Colon Cancer Screening
6.7.5 Alzheimer’s Disease
6.7.6 Prostate Cancer Screening
6.7.7 Orthopaedic and Musculoskeletal Screening
6.7.8 Other Cancer Screening
6.7.9 Other Diseases Screening
6.8 Chart: Global Wellness Genomics Market Breakup by Region
6.8.1 North America
220.127.116.11 United States of America
18.104.22.168 United Kingdom
6.8.3 Asia Pacific
6.8.4 Latin America
6.8.5 Middle East and Africa
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
6.9 Figure: Global Wellness Genomics Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.9.1 North America
184.108.40.206 United States of America
220.127.116.11 United Kingdom
6.9.3 Asia Pacific
6.9.4 Latin America
6.9.5 Middle East and Africa
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Competitive Landscape & Supplier Analysis
9.1 F. Hoffmann-La Roche Ltd. (SWX: ROG)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Abbott Laboratories (NYSE: ABT)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 Thermo Fisher Scientific, Inc. (NYSE: TMO)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Agilent Technologies, Inc. (NYSE: A)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Bio-Rad Laboratories, Inc. (NYSE: BIO)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Illumina, Inc. (NASDAQ: ILMN)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7 Qiagen NV (NYSE: QGEN)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8 Myriad Genetics, Inc. (NASDAQ: MYGN)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.9 Siemens AG (ETR: SIE)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.10 Cooper Surgical, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
10 Events and Development
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