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    DNA Paternity Testing Market Report

    DNA Paternity Testing Market Report
    Report code - SRHL324 Delivery - 2 Weeks
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    Global DNA Paternity Testing Market, Dynamics, Trends, Market Analysis
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    Impact of COVID-19 on DNA Paternity Testing Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on DNA Paternity Testing Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Global DNA Paternity Testing Market is projected to grow from USD xx billion in 2020 to USD xx billion by 2026 at a CAGR of over xx% during the forecast period.

    Figure: Global DNA Paternity Testing Market Size, 2020-2026 (USD Billion)

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    What is DNA Paternity Testing?

    DNA (deoxyribonucleic acid) is referred to as a double helix structure that is present in humans. It is passed on from one generation to the next, thus the DNA of a child is similar to that of his/her father. A paternity test is an examination test conducted to match the DNA of a child to that of the potential father. This testing is vital to prove the right of inheritance, avail social security, identify siblings, and life insurance benefits.

    Key Players

    Key players operating in the global DNA paternity testing market are-

    • DNA Diagnostics Center, Inc. (The U.S),
    • EasyDNA (The U.S),
    • LabCorp (The U.S),
    • Orchid PRO-DNA (Canada),
    • 800dnaexam (The U.S),
    • Genetica Dna Laboratories (The U.S),
    • Metroplex (The U.S),
    • Endeavor DNA Laboratories (The U.S),
    • Angelscope DNA Diagnostic (UK), and
    • DDC Laboratories (India).

    Market Dynamics

    Rising population growth and an increase in medical and social awareness regarding paternity testing result in a surge in the rate of paternity in both developed and developing economies.

    • Also, the rise in R&D funding and grants by the government and key players as well as strong technological advancements are further expected to offer lucrative growth opportunities to the industry participants.
    • However, the regulatory scenario of paternity testing equipment and paternity laws is expected to hinder market growth.

    Segment Analysis

    Product Trends

    By product, the DNA paternity testing market has been bifurcated into test service and test kits. Under these, the test service segment witnessed the largest market share in 2020 and is likely to register a healthy CAGR in the following years. This is mainly attributed to the rising need for DNA Paternity testing treatment to give legal rights to the child.

    Regional Trends

    By region, the North America market garnered the highest market share in 2020 and is projected to grow at a steady CAGR during the assessment period.

    • This is mainly attributed to presence of a large number of industry players and strong R&D investments in the region, which augments the regional growth.
    • In addition, advanced technology, surge in medical awareness about the importance of paternity testing, and presence of well-established health care infrastructure has further driven the regional demand for DNA Paternity Testing.

    COVID-19 Impact on Global DNA Paternity Testing Market

    The ongoing COVID-19 pandemic has negatively affected the DNA paternity testing industry. Governments across the globe are responding to the rise in COVID-19 cases with all essential measures, such as social distancing, nationwide lockdowns, and large-scale quarantine to prevent the spread of the virus. Also, due to the restricted movement of people, there is limited DNA paternity testing conducted, thus affecting the market growth.

    Critical Questions Answered in the Report

    • What are the key trends in the global DNA paternity testing market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the global DNA paternity testing market?
    • What are the key strategies adopted by the major vendors to lead in the global DNA paternity testing market?
    • What is the market share of the top vendors?

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    Target Audience

    • DNA paternity testing companies
    • DNA paternity testing clinics
    • Hospitals
    • R&D labs
    • NGOs

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    DNA Diagnostics Center, Inc. (The U.S), EasyDNA (The U.S), LabCorp (The U.S), Orchid PRO-DNA (Canada), 800dnaexam (The U.S), Genetica Dna Laboratories (The U.S), Metroplex (The U.S), Endeavor DNA Laboratories (The U.S), Angelscope DNA Diagnostic (UK) and DDC Laboratories (India) are among the key players in the DNA paternity testing market.

    North America market garnered the highest market share in 2020 and is projected to grow at a steady CAGR.

    The test service segment witnessed the largest market share in 2020 and is likely to register a healthy CAGR.

    Rising population growth and an increase in medical and social awareness regarding paternity testing, rise in R&D funding and grants by the government and key players as well as strong technological advancements are the factors driving the growth of DNA paternity testing market.

    DNA paternity testing companies, DNA paternity testing clinics, Hospitals, R&D labs, NGOs are the target audience in the DNA Paternity Testing Market.

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