Direct-to-Consumer Wellness Testing Growth Opportunities

Direct-to-Consumer Wellness Testing Growth Opportunities

Telehealth Integration to Reveal the Potential of DTC Genetic Tests and Boost Their Expansion

RELEASE DATE
17-Jan-2024
REGION
Global
Deliverable Type
Market Research
Research Code: K9D2-01-00-00-00
SKU: HC_2023_523
AvailableYesPDF Download
$2,450.00
In stock
SKU
HC_2023_523

Direct-to-Consumer Wellness Testing Growth Opportunities
Published on: 17-Jan-2024 | SKU: HC_2023_523

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The COVID-19 pandemic accelerated the shift toward greater adoption of decentralized healthcare, building trust by demonstrating the feasibility and ease of testing at home and in pharmacies with accurate results, including self-sampling options. Increasing technological advancements have created several opportunities for market expansion in direct-to-consumer (DTC) wellness testing. Many diverse factors are driving continual market growth globally, including an increasing interest in and development of personalized medicine, the prevalence of chronic diseases, and the development of customized testing kits. The cancer and infectious diseases segments are also boosting market growth as the prevalence of these conditions is trending upward.

In addition, people are becoming more proactive about managing their health and seeking personalized insights into their genetic makeup, nutritional needs, and overall well-being. This drives market expansion and creates new opportunities for market convergence, such as the DTC testing market with large eCommerce companies and wearables manufacturers.

This study examines the global DTC wellness testing market and provides an analysis of its drivers and growth opportunities across the different types of tests, samples, and distribution channels. This report will help vendors understand critical trends emerging in various domains.

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Direct-to-Consumer (DTC) Wellness Testing Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Segmentation

Competitive Landscape

COVID-19 Pandemic Impact

Growth Drivers

Growth Restraints

Market Overview

Growth Environment

Growth Environment (continued)

Growth Environment (continued)

Growth Environment (continued)

State of the Industry—Geographic Highlights

State of the Industry—Geographic Highlights (continued)

Trend 1: The Integration of DTC Wellness Testing with Telehealth Services

Trend 2: The Expansion of Clinical Laboratories across the DTC Testing Frontier

Trend 3: Genetic Testing and Personalized Risk Assessments for Cardiovascular and Metabolic Conditions

Trend 4: The Development and Expansion of Nutrigenomics Offering

Trend 5: DTC Tests for Multi-pathogenic STIs

Competitive Environment

Companies to Watch

Companies to Watch (continued)

Business Models

Operating Models of Companies

Customer Acquisition Models

Regulatory Landscape

Regulatory Landscape (continued)

Regulatory Landscape (continued)

Growth Opportunity 1: Contract Reference Labs for Sample Collection and Analysis

Growth Opportunity 1: Contract Reference Labs for Sample Collection and Analysis (continued)

Growth Opportunity 2: Partnerships between DTC Wellness Testing Companies and Insurance Providers

Growth Opportunity 2: Partnerships between DTC Wellness Testing Companies and Insurance Providers (continued)

Growth Opportunity 3: Technological Evolution of Molecular Diagnostics for DTC Wellness Tests

Growth Opportunity 3: Technological Evolution of Molecular Diagnostics for DTC Wellness Tests (continued)

Growth Opportunity 4: Convergence of DTC Wellness Tests and Consumer Wearables

Growth Opportunity 4: Convergence of DTC Wellness Tests and Consumer Wearables (continued)

List of Exhibits

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The COVID-19 pandemic accelerated the shift toward greater adoption of decentralized healthcare, building trust by demonstrating the feasibility and ease of testing at home and in pharmacies with accurate results, including self-sampling options. Increasing technological advancements have created several opportunities for market expansion in direct-to-consumer (DTC) wellness testing. Many diverse factors are driving continual market growth globally, including an increasing interest in and development of personalized medicine, the prevalence of chronic diseases, and the development of customized testing kits. The cancer and infectious diseases segments are also boosting market growth as the prevalence of these conditions is trending upward. In addition, people are becoming more proactive about managing their health and seeking personalized insights into their genetic makeup, nutritional needs, and overall well-being. This drives market expansion and creates new opportunities for market convergence, such as the DTC testing market with large eCommerce companies and wearables manufacturers. This study examines the global DTC wellness testing market and provides an analysis of its drivers and growth opportunities across the different types of tests, samples, and distribution channels. This report will help vendors understand critical trends emerging in various domains.
More Information
Deliverable Type Market Research
Author Lucila Martin
Industries Healthcare
No Index No
Is Prebook No
Keyword 1 Wellness Testing Analysis
Keyword 2 Wellness Industry Trends
Keyword 3 Healthcare Testing Innovations
Podcast No
WIP Number K9D2-01-00-00-00