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Future of Personalized Genomics--Technical Insights

  • March 2014
  • 49 pages
  • Frost & Sullivan
Report ID: 2075018

Summary

Table of Contents

The future of healthcare is moving towards become more personalized. An individual’s genetic information is become a crucial component to assess the risks and predispositions one has towards acquiring a while host of indications. Embracing genetic best tests, will help world economies by reducing the millions of dollars spent in present diagnostic approaches. Preventative healthcare will also become a more concrete lifestyle choice due to the awareness that they received from their genomic data. Personalized genomic tests are present across various applications, and have multiple firms working with innovative business models. The direct to consumer industry which was close to absent a decade ago, is currently a thriving market segment within the personal genomics space. When looking at the stakeholders that are present in the personal genomics industry, it can be divided as those that provide the core genetic tests producing all the genomic raw data an the interpretation service providers who built most of their platform revolving around the genomic data production. This industry is rapidly growing, and there will be an increased effort towards creating awareness for greater adoption of genetic tests.


Research Scope

The future of healthcare is moving towards become more personalized. An individual’s genetic information is become a crucial component to assess the risks and predispositions one has towards acquiring a while host of indications. Embracing genetic best tests, will help world economies by reducing the millions of dollars spent in present diagnostic approaches. Preventative healthcare will also become a more concrete lifestyle choice due to the awareness that they received from their genomic data.


Personalized genomic tests are present across various applications, and have multiple firms working with innovative business models. The direct to consumer industry which was close to absent a decade ago, is currently a thriving market segment within the personal genomics space.


When looking at the stakeholders that are present in the personal genomics industry, it can be divided as those that provide the core genetic tests producing all the genomic raw data an the interpretation service providers who built most of their platform revolving around the genomic data production. This industry is rapidly growing, and there will be an increased effort towards creating awareness for greater adoption of genetic tests.



This study provides:


Snap-shot of the technologies for use in personal genomics, and a description of the various application areas that are present and have emerged.

Key technical and business challenges for personal genomics

Key technical and business drivers that are fuelling adoption and success of personal genomics market and the associated technologies.

Potential application areas of personal genomics and the types of genomic tests that are present in the industry

Highlighting the direct to consumer genetic testing industry with an assessment of the types of business models present in this market segment.

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