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New Report seeks to Unravel the Ethical Issues Around Direct-to-Consumer Genetic Testing

Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report that focuses on the decision-making applications of DTC genetic tests and examines the components of this emerging business environment.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - May 13, 2009 -
The report “Direct-To-Consumer Genetic Testing Business Prospects in the United States” available at http://www.reportbuyer.com/go/IPR00001  examines the social and ethical issues of direct-to-consumer genetic testing, including genetic privacy. It considers consumers' attitudes toward genetic testing and provides the views of industry leaders through exclusive interviews.

According the new 336 page report the current marketplace for direct-to-consumer (DTC) genetic testing is very dynamic and fluid. At least 42 DTC genetic testing companies have been identified to date, and additional market entrants are likely. However, firms marketing and selling genetic tests DTC have numerous factors to consider.

Genetic testing has come a long way since development of the first genetic test in 1963. According to the National Institutes of Health, almost 1,500 genetic tests are now in use. Under the traditional business model, tests are performed with a physician's involvement, from ordering the test to communication of its results. But with the confluence of the Internet and completion of the Human Genome Project, the procurement of genetic tests is migrating from health professional-controlled domains to cyberspace, where these tests are available to anyone.

Marketing and selling genetic tests directly to consumers not only adds a new business model that can exclude the consumer's physician but raises scientific, regulatory, and even ethical issues. Direct-To-Consumer Genetic Testing: Business Prospects in the United States aims to sort out these complex issues surrounding the consumer business of scanning or sequencing genomes for health-related genetic information.

The report “Direct-To-Consumer Genetic Testing Business Prospects in the United States” is available from Report Buyer at:
http://www.reportbuyer.com/pharma_healthcare/therapeutic/...

Report Buyer product ID: IPR00001
About Report Buyer.
Report Buyer (http://www.reportbuyer.com/pharma_healthcare/therapeutic/...) is a UK-based independent online store supplying business information. The website now carries over 95,000 business information products, including market reports, studies, books and events. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest

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Report Buyer is a UK-based independent online store supplying business information on major industry sectors. These include the Automotive Industry, Banking & Finance, Energy & Utilities, Food & Drink, Telecoms and Pharma & Healthcare.

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Industry:Testing
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Last Updated:May 13, 2009
Shortcut:http://prlog.org/10235712
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