Analysts’ Viewpoint on Japan Direct-to-Consumer Laboratory Testing Market Scenario
With the COVID-19 pandemic triggering interest in telehealth and consumer-initiated testing, companies in the Japan direct-to-consumer laboratory testing market are aiming to expand their DTC operations. DTC genetic testing aimed at guiding a patient’s diet or exercise remains largely unproven in producing better outcomes. Hence, market stakeholders should implement laboratory stewardship programs that improve patient-centered care. Moreover, genetic counseling sessions are being conducted to explain details and options at appropriate education levels. Mobile apps are being developed to facilitate patient retrieval of results. Healthcare providers in the Japan direct-to-consumer laboratory testing market are increasing patient access to their electronic medical records. Furthermore, educational materials are being written in patient’s language of choice. Enhanced communication between patients and physicians through text, phone, and electronic medical record is helping to improve the patient quality of life.
Telehealth is making it possible for increasing the availability of direct-to-consumer (DTC) laboratory testing. Patient-centered laboratory stewardship is acting as a key driver for growth of the Japan direct-to-consumer laboratory testing market. There is a rising need for patient care that is respectful of and responsive to individual patient preferences, values, and needs. These trends are helping in ensuring that patient values guide all clinical decisions.
The concept of patient centered capitalism is storming the Japan direct-to-consumer laboratory testing market. Stakeholders are prioritizing the interests of patients over those of financial and other stakeholders within both the healthcare system & its suppliers. Patient-centered laboratory stewardship is proving beneficial to improve important areas of lab testing and DTC testing such as test ordering, result retrieval, result interpretation, and financial fairness for patients & other stakeholders.
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The sudden rise in coronavirus cases in India, China, and the U.K. has once again put healthcare companies in Japan under great scrutiny. Since the U.S. Food and Drug Administration (FDA) has authorized the use of COVID-19 home test collection kits, companies in the Japan direct-to-consumer laboratory testing market are taking cues from the same. Manufacturers are developing COVID-19 test home collection kits that can be used by individuals of 18 years & above without the need for a prescription.
Companies in the Japan direct-to-consumer laboratory testing market are innovating in COVID-19 test home collection kits that enable positive or invalid results that are delivered to the user by phone call from a healthcare provider or lab. Such kits are allowing users to self-collect a nasal swab sample at home and then send that sample for testing to labs.
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Risks and benefits of DTC tests are influencing the growth of the Japan market of COVID-19 home test collection kits. Convenience, low cost, and confidentiality advantages are bolstering the market growth, whereas difficult to interpret results & risk of incorrect self-diagnosis are creating concerns among individuals. Nevertheless, advantages such as non-health tests and increase in the number of people becoming health conscious tend to offset the disadvantages of DTC tests. The popularity of at-home DNA test kits is contributing to the growth of the market for direct-to-consumer laboratory testing.
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Personalized, precision, and genomic medicine based on DNA sequencing holds potentials to offer opportunities for improving the overall public health. The Japan direct-to-consumer laboratory testing market is undergoing significant changes with DNA sequencing being applied for disease prevention such as heart diseases, cancers, and metabolic diseases.
The identification of patients’ risk profile is becoming necessary in the Japan direct-to-consumer laboratory testing market. DTC genetic testing is giving access to information on their risks of suffering from a wide range of chronic diseases.
The Japan direct-to-consumer laboratory testing market is slated to clock an astonishing CAGR throughout the assessment period. Market stakeholders and telecommunication companies are anticipated to enter into collaborations to help individuals stay informed about their health status by sending lab results directly to their mobile devices.
Smartphone based healthcare services are growing prominent in the market of direct-to-consumer laboratory testing. The combination of artificial intelligence (AI) and cloud computing is being deployed for genetic decoding to provide services like tailored health management. Cloud computing is helping to store and manage personal genome analysis information.
Attribute |
Detail |
Market Size Value in 2020 |
US$ 190.84 Mn |
Market Forecast Value in 2031 |
US$ 2,471.01 Mn |
Growth Rate (CAGR) |
26.1% |
Forecast Period |
2021–2031 |
Quantitative Units |
US$ Mn for Value |
Market Analysis |
It includes cross segment as well as country level analysis. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, and parent industry overview. |
Competition Landscape |
|
Format |
Electronic (PDF) + Excel |
Market Segmentation |
|
Country Covered |
Japan |
Companies Profiled |
|
Customization Scope |
Available upon request |
Pricing |
Available upon request |
Japan Direct-to-Consumer Laboratory Testing Market – Segmentation
TMR’s study on the direct-to-consumer laboratory testing market in Japan includes information divided into three segments: sample type, test type, and region. Changing industry trends and other crucial market dynamics associated with these segments of the direct-to-consumer laboratory testing market in Japan are discussed in detail.
Sample Type |
|
Test Type |
|
Country | Japan |
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Japan Direct-to-Consumer Laboratory Testing Market
4. Market Overview
4.1. Introduction
4.1.1. Sample Type Definition
4.1.2. Industry Evolution / Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Japan Direct-to-Consumer Laboratory Testing Market Analysis and Forecast, 2017–2031
4.4.1. Market Revenue Projections (US$ Mn)
5. Key Insights
5.1. Disease Epidemiology
5.2. Regulatory Scenario by Country
5.3. Key Industry Events (mergers, acquisitions, partnerships, etc.)
5.4. COVID-19 Pandemic Impact on Industry (value chain and short / mid / long term impact)
6. Japan Direct-to-Consumer Laboratory Testing Market Analysis and Forecast, by Sample Type
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value Forecast, by Sample Type, 2017–2031
6.3.1. Blood
6.3.2. Urine
6.3.3. Saliva
6.3.4. Others
6.4. Market Attractiveness Analysis, by Sample Type
7. Japan Direct-to-Consumer Laboratory Testing Market Analysis and Forecast, by Test Type
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Market Value Forecast, by Test Type, 2017–2031
7.3.1. Genetic Testing
7.3.2. Disease Risk Assessment Testing
7.3.2.1. Cancer
7.3.2.2. STDs
7.3.2.3. Others
7.3.3. CBC
7.3.4. TSH Testing
7.3.5. Diabetes Testing
7.3.6. Others
7.4. Market Attractiveness Analysis, by Test Type
8. Japan Direct-to-Consumer Laboratory Testing Market Analysis and Forecast, by Region
8.1. Key Findings
8.2. Market Value Forecast, by Region
8.2.1. Japan
8.3. Market Attractiveness Analysis, by Country/Region
9. Competition Landscape
9.1. Market Player – Competition Matrix (by tier and size of companies)
9.2. Company Profiles
9.2.1. Quest Diagnostics Incorporated
9.2.1.1. Company Overview (HQ, Business Segments, Employee Strength)
9.2.1.2. Product Portfolio
9.2.1.3. Financial Overview
9.2.1.4. Strategic Overview
9.2.1.5. SWOT Analysis
9.2.2. WellnessFX
9.2.2.1. Company Overview (HQ, Business Segments, Employee Strength)
9.2.2.2. Product Portfolio
9.2.2.3. Financial Overview
9.2.2.4. Strategic Overview
9.2.2.5. SWOT Analysis
9.2.3. Ulta Lab Tests, LLC
9.2.3.1. Company Overview (HQ, Business Segments, Employee Strength)
9.2.3.2. Product Portfolio
9.2.3.3. Financial Overview
9.2.3.4. Strategic Overview
9.2.3.5. SWOT Analysis
9.2.4. Walk-In Lab, LLC
9.2.4.1. Company Overview (HQ, Business Segments, Employee Strength)
9.2.4.2. Product Portfolio
9.2.4.3. Financial Overview
9.2.4.4. Strategic Overview
9.2.4.5. SWOT Analysis
9.2.5. Genesis Healthcare Co.
9.2.5.1. Company Overview (HQ, Business Segments, Employee Strength)
9.2.5.2. Product Portfolio
9.2.5.3. Financial Overview
9.2.5.4. Strategic Overview
9.2.5.5. SWOT Analysis
9.2.6. MyHeritage Ltd.
9.2.6.1. Company Overview (HQ, Business Segments, Employee Strength)
9.2.6.2. Product Portfolio
9.2.6.3. Financial Overview
9.2.6.4. Strategic Overview
9.2.6.5. SWOT Analysis
9.2.7. Gene by Gene, Ltd.
9.2.7.1. Company Overview (HQ, Business Segments, Employee Strength)
9.2.7.2. Product Portfolio
9.2.7.3. Financial Overview
9.2.7.4. Strategic Overview
9.2.7.5. SWOT Analysis
9.2.8. Full Genomes Corporation, Inc.
9.2.8.1. Company Overview (HQ, Business Segments, Employee Strength)
9.2.8.2. Product Portfolio
9.2.8.3. Financial Overview
9.2.8.4. Strategic Overview
9.2.8.5. SWOT Analysis
9.2.9. OME Care
9.2.9.1. Company Overview (HQ, Business Segments, Employee Strength)
9.2.9.2. Product Portfolio
9.2.9.3. Financial Overview
9.2.9.4. Strategic Overview
9.2.9.5. SWOT Analysis
List of Tables
Table 01: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn) Forecast, by Sample Type, 2017–2031
Table 02: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn) Forecast, by Test Type, 2017–2031
Table 03: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn) Forecast, by Disease Risk Assessment Testing, 2017–2031
Table 04: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn) Forecast, by Country, 2017–2031
List of Figures
Figure 01: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn) Forecast, 2017–2031
Figure 02: Japan Direct-to-Consumer Laboratory Testing Market Value Share, by Sample Type, 2020
Figure 03: Japan Direct-to-Consumer Laboratory Testing Market Value Share, by Test Type, 2020
Figure 04: Japan Direct-to-Consumer Laboratory Testing Market Value Share Analysis, by Sample Type, 2021 and 2031
Figure 05: Japan Direct-to-Consumer Laboratory Testing Market Attractiveness Analysis, by Sample Type, 2017–2031
Figure 06: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn), by Blood, 2017–2031
Figure 07: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn), by Urine. 2017–2031
Figure 08: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn), by Saliva, 2017–2031
Figure 09: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn), by Others, 2017–2031
Figure 10: Japan Direct-to-Consumer Laboratory Testing Market Value Share Analysis, by Test Type, 2021 and 2031
Figure 11: Japan Direct-to-Consumer Laboratory Testing Market Attractiveness Analysis, by Test Type, 2017–2031
Figure 12: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn), by Genetic Testing, 2017–2031
Figure 13: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn), by Disease Risk Assessment Testing, 2017–2031
Figure 14: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn), by CBC, 2017–2031
Figure 15: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn), by Diabetes Testing, 2017–2031
Figure 16: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn), by TSH Testing, 2017–2031
Figure 17: Japan Direct-to-Consumer Laboratory Testing Market Value (US$ Mn), by Others, 2017–2031
Figure 18: Japan Direct-to-Consumer Laboratory Testing Market Value Share Analysis, by Country, 2021 and 2031
Figure 19: Japan Direct-to-Consumer Laboratory Testing Market Attractiveness Analysis, by Country, 2017–2031