Demand for Genetic and DNA Testing Spurring Adoption of Genealogy Products and Services: Fact.MR

Surging demand for genetic and DNA testing and integration of big data science in genetic are creating lucrative opportunities

Fact.MR, Rockville MD: Fact.MR’s recent study on the global genealogy products and services market has projected the market to grow at a healthy pace through 2021. Surging demand for genetics and DNA testing in the developed countries is anticipated to drive the market demand through 2021. Rising prevalence of genetic diseases such as autoimmune disease, cancer, diabetes has majorly augmented the demand for genetic testing across the globe. According to the study, the market is significantly fragmented and with leading players establishing their online presence in various regions is helping the market to grow rapidly.

Furthermore, genetic and DNA testing plays a vital role for the early diagnostics and preventive healthcare in case of rare autoimmune diseases, which is aiding the market demand. Also, the adoption of artificial intelligence and data science has provided ample of expansion opportunities to the market players. The growth of the market is highly dependent on the growth of Artificial Intelligence and information technology. Also, demand for genealogy in tracing lineage with the help of big data analytics has provided wide growth opportunities for genealogy products and services manufacturers.

Request a report sample to gain comprehensive insights at

“DNA and genetic testing are finding lucrative opportunities in the field of forensics as they adopt advance technologies to enhance the efficiency of investigation. This is boosting the adoption genealogy products and services in the forensics domain,” says the Fact.MR analyst.

Key Takeaways

  • The genealogy products and services market is projected to expand at 11.4% CAGR through 2021 and beyond
  • Family records segment is accounted to hold the largest market share
  • China anticipated to be one of the most lucrative market for genealogy products and services
  • Rising demand for DNA testing across United States to provide growth opportunities for market players in North America
  • DNA testing expected to be one of the most lucrative segment through 2021 and beyond

Prominent Drivers

  • Technological advancement and adoption of data science in genealogy industry is expected to drive the market growth
  • Rising prevalence of new genealogical DNA testing products and kits are anticipated to improve the demand of genealogy products and services
  • Rising investment and funding on the genetic genealogy by the research institutes will bolster the market growth

Key Restraints

  • Increasing risk of data theft in genetic genealogy testing is expected to limit the growth of genealogy products and services market
  • Lack of regulations for genealogy products and services is expected to challenge the market growth

Discover more about the Genealogy products and services market with 32 figures, data tables and the table of contents.

Competitive Landscape

Key market players listed by Fact.MR for global genealogy products and services market includes MyHeriatge, WHSmith, 23andMe Inc., FamilySearch, Geneanet, WikiTree, FindmyPast, GenealogyBank, Living DNA, Billion Graves, and Family Tree DNA among others. According to the study, the market is expected to be fragmented. Key players are focused bolstering their online presence along with new product launches and novel services to attract more customer base.

For instance, in December 2020, Blackstone completed the acquisition of Ancestry®, an online global leader in digital family history business, operating in more than 30 countries, for the price of US$ 4.7 Billion.

Also in 2019, Bode Technology, a leading provider of forensic DNA analysis products and services announced the launch of new forensic genealogy service offering to the law enforcement investigators and crime laboratories.

More Insights on the Genealogy products and services Market

In its latest report on genealogy products and services market, Fact.MR gives a detailed segmentation on the key growth drivers and opportunities expected to prevail the market in upcoming years. In order to understand the market perspective, trends and challenges, the market is segmented on the basis of category (family records, family tree, forum, cemetery, newspapers, blogs, links, and DNA testing), and across major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Request more information about Report Methodology

Explore Fact.MR’s Coverage on the Healthcare Domain

Genetic Testing Services Market: A recent study by Fact.MR on the genetic testing services market offers an unbiased analysis on the opportunities and trends through 2021 and beyond. The study analyzes crucial trends that are currently determining market growth. This report explicates on vital dynamics, such as the challenges, restraints, and opportunities for key market players along with key stakeholders and emerging players.

Genetic Analyzer Systems Market: Fact.MR gives a detailed assessment of Genetic analyzer systems market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the market along with their product portfolios enhances the reliability of this comprehensive research study.  

Genetic Testing Panels Market: Fact.MR delivers an in-depth analysis on global genetic testing panels market with the strategies and competitive landscape through 2021 and beyond. The key players’ market share data provided by the report given you a detailed insights on the shortcomings and forthcomings of the market for the forecast period. 

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Follow Us: LinkedIn | Twitter
Source: Fact.MR

Back to news