Nutrigenomics Testing Market Analysis

Nutrigenomics Testing Market Analysis

Diabetes segment of the market was valued around USD 70 million in 2018 and it is anticipated to witness robust growth over the analysis timeframe. Lucrative revenue can be attributed to increasing prevalence of diabetes across the globe. Alteration in gene expression and dietary transitions distorts metabolically sensitive cells that causes diabetes. Food stuffs consisting saturated fatty acid and high sugar elicit glucolipotoxicity that negatively impacts beta cell insulin secretion. Nutrigenomics testing plays pivotal role in elucidating contribution of nutrients in pathogenesis of diabetes. Increasing prevalence of diabetes coupled with benefits of nutrigenomics testing will escalate business growth over the forecast period.

Cardiovascular segment of nutrigenomics testing market is anticipated to witness around 14% growth over the forecast timeframe. Significant growth can be attributed to increasing prevalence of cardiovascular diseases across the globe. Candidate gene association and whole genome are major approaches used in cardiovascular genetics to recognize disease-causing genes. Thus, nutrigenomics testing provides scientific evidence for defining individual’s personalized nutrition to prevent cardiovascular diseases and promote health. Above mentioned factors will raise its demand that will exceed segment revenue of nutrigenomic testing market.

Hospitals and clinics segment of nutrigenomics testing market was valued more than USD 117 million in 2018 and it will grow significantly over the analysis timeframe. Patients suffering from chronic diseases such as cardiovascular disorders, cancer and diabetes are often recommended by nutritionists and physicians to perform nutrigenomics test. Some of the companies also market their products to healthcare providers that positively impact segment growth. Patients opting treatment from hospitals and clinics for such several diseases will boost segment revenue.

Online platform segment is anticipated to witness around 16% growth over the forecast timeframe. Now-a-days people are opting online purchase of nutrigenomics testing due to low cost and convenience associated with this platform. Other factors such as increasing digital literacy and penetration of internet in developing and underdeveloped region are propelling the segment growth over the forecast period.

Europe nutrigenomics testing market accounted for around 28.5% revenue share in 2018. Favourable government initiatives to promote health and wellness will augment the demand for nutrigenomics testing in coming years. Moreover, nutritionist in the European region are recommending these tests for personalizing diets. Industry players also provide consumers with innovative solutions on nutritional advices based on their DNA. Aforementioned factors will accelerate demand for nutritional genomic testing over the analysis timeframe.
 

Asia Pacific nutrigenomics testing market was valued more than USD 64 million in 2018 and it is anticipated to witness robust growth over the forecast timeframe. Changing lifestyle and lack of exercise is resulting in numerous disorders and deficiencies. Increasing disposable income will rise the adoption of nutrigenomics testing in the region. Aforementioned factors will create demand for nutrigenomics test to maintain healthy lifestyle that will escalate regional growth over the forecast timeframe.