Research Methodology – Direct-to-Consumer Genetic Testing Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Direct-to-Consumer Genetic Testing Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Direct-to-Consumer Genetic Testing Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share:
- Number of testing companies operating in the market.
- Yearly sales of these testing companies.
- Price of the genetic testing kits.
- Current consumer base for genetic tests.
- Growth rate of the consumer base.
- Geographical dispersion of the market (location of consumers and their purchasing power).
- Impact of regulations and guidelines on the market.
- Integration of genetic testing in the healthcare system.
Key Market Indicators:
- Total revenue generated by the Direct-to-Consumer Genetic Testing market.
- Market growth rate, both current and projected.
- Market concentration ratio.
- Latest trends and developments in the market.
- Number of new entrants in the market.
- Change in consumer behavior or demands.
- Changes in relevant government policies and regulations.
Growth Trends:
- An increasing number of individuals getting tested.
- Increasing awareness about genetic diseases and conditions.
- Advancement in technology and adoption of artificial intelligence in genetic testing.
- Rising investment in Research and Development.
- Increasing partnerships between genetic testing companies and healthcare organizations.
- Expansion of vendor landscape.
- Growth in thevolume of direct-to-consumer sales
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Direct-to-Consumer Genetic Testing Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Direct-to-Consumer Genetic Testing Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights