Growing Interest in Pharmacogenetics and Increasing Adoption of Telehealth Fuels the Middle East & Africa Direct-to-Consumer Genetic Testing Market
The direct-to-consumer genetic testing market will benefit from the increasing popularity of the pharmacogenetics field. A well-known application of gene-based personalization is pharmacogenetics, where genetic variations determine the selection of drug therapy that supports a company's growth. A comprehensive characterization of the genetic component underlying many complex diseases, traits, and drug responses has been enabled with the help of recent technological advances. This information has made genetic testing available more extensively in healthcare and can be used to assess the risk of inherited diseases and predict response to medications. Such tests can reduce drug-related adverse events, thereby increasing the effectiveness of drugs by the means of assessing the sensitivity of a person toward a particular drug. Pharmacogenetic testing is an interesting aspect for DTC companies because test results are actionable once a relevant drug is prescribed, which may be at the time of testing or many years later. Pharmacogenetic testing is one of the primary genetic testing services of DTC-GT companies. Pharmacogenetic testing reveals genetic variations associated with drug efficacy and responses. Therefore, most people are interested in finding out the function of their genome concerning their medication intake. DTC genetic testing companies such as 23andMe allow consumers to directly access their genetic information through an online service without the involvement of medical professionals.A new model of DTC telemedicine is becoming increasingly popular. Patients select their clinical problem on a DTC company's website or mobile phone application and submit a medical intake form online. A doctor reviews this information and may or may not contact the patient for further information. While COVID-19 testing has contributed to the rapid expansion of the direct-to-consumer diagnostic testing (DTC) market, DTC goes far beyond COVID-19 testing. This rapid transition to a digital workflow includes every step, from sample collection to analysis and archiving final results. Therefore, owing to the revolutionary technologies growing interest in pharmacogenetics, and rising adoption of telehealth, DTC genetic testing is becoming convenient, accessible, and effective, which is expected to boost the market growth in future.
Middle East & Africa Direct-to-Consumer Genetic Testing Market Overview
The Middle East & Africa direct-to-consumer genetic testing market is segmented into the UAE, South Africa, Saudi Arabia, and the Rest of Middle East & Africa. The market for direct-to-consumer genetic testing is estimated to have several growth opportunities during the forecast period due to awareness of neurological disorders and neurological services and facilities. In addition, the market is also expected to grow due to the increasing incidences of cancer across the region.Middl
e East & Africa Direct-to-Consumer Genetic Testing Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Direct-to-Consumer Genetic Testing Market Segmentation
The Middle East & Africa direct-to-consumer genetic testing market is segmented into test type, technology, distribution channel, and country.Based on test type, the Middle East & Africa direct-to-consumer genetic testing market is segmented into ancestry testing, predictive testing, nutrigenomics testing, carrier testing, and others. The ancestry testing market segment held the largest share in 2022.
In terms of technology, the Middle East & Africa direct-to-consumer genetic testing market is categorized into whole genome sequencing, single nucleotide polymorphism chips, targeted analysis, and others. The single nucleotide polymorphism chips segment held the largest share in 2022.
Based on distribution channel, the Middle East & Africa direct-to-consumer genetic testing market is bifurcated into online, and offline. The online segment held a larger share in 2022.
Based on country, the Middle East & Africa direct-to-consumer genetic testing market is segmented Saudi Arabia, South Africa, the UAE, and the Rest of Middle East and Africa. Saudi Arabia dominated the Middle East & Africa direct-to-consumer genetic testing market in 2022.
Ancestry Genomics Inc, Living DNA Ltd, 23andMe Inc, and Genetic Technologies Ltd are some of the leading companies operating in the Middle East & Africa direct-to-consumer genetic testing market.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa direct-to-consumer genetic testing market.
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
Companies Mentioned
- Ancestry Genomics Inc
- Living DNA Ltd
- 23andMe Inc
- Genetic Technologies Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 65 |
Published | February 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 47.58 Million |
Forecasted Market Value ( USD | $ 166.21 Million |
Compound Annual Growth Rate | 16.9% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 4 |