Global Genomics Market Overview:
Genomics Market was worth US$ 26.74 Bn. in 2023 and total revenue is expected to grow at a rate of 15.35% CAGR from 2023 to 2029, reaching almost US$ 72.67 Bn. in 2029.
Genome is one type of genetic material; it includes genes and noncoding DNA, mitochondrial DNA & Chloroplast DNA. The market of genomics is driving because of its application in various industries such as Healthcare, agriculture, biotechnology and DNA sequencing. The use of genomic pools in research and development helps the doctor, patient and biologist to understand the tendency of genomes in specific diseases. Various healthcare communities integrate genetic information from clinical systems. Biotechnological companies heavily invested and the government also speed up their research activities in genomics.
the Global Genomics Market research report published by Maximize Market Research (MMR), provides extensive and top-notch market studies, offering transparency in its findings. The report includes a list of major competitors, strategic insights, and an analysis of key factors shaping the ### industry. This market research encompasses a wide range of markets, marketing strategies, trends, future product possibilities, and burgeoning opportunities, all contributing to the generation of comprehensive market reports.
Dynamic:
Government support for genomics programs is growing. The cost of researching tumor treatments in the US would approach $150 billion in 2021. In India, the department of biotechnology has launched the “Genome India Project.” To create a reference genome, 10,000 samples are being collected as part of that research. For 36 research projects, the Ministry of Science and Sport of Canada raised $33.4 million in financing. How much and to what extent the medical community will employ current genomic information in customized treatment is one of the crucial aspects that is anticipated to have a substantial impact on the genomics market.
Global Genomics Market Report Scope and Research Methodology
The Global Genomics Market report aims to forecast market size by considering segments, regional distribution, and industry competition. The report estimates and forecasts market size and growth using a bottom-up approach. It conducts a comprehensive examination of key players in the ### industry, including revenue figures. The report insights into the global, regional, and local level analysis of the Global Genomics Market, highlighting the factors that restrain, drive, and challenge market growth throughout the forecast period.
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Global Genomics Market Regional Insights
North America is expected to lead the global Global Genomics Market and is expected to continue its dominance during the forecast period. Europe holds a second position in the Global Genomics Market, accounting for a substantial revenue share in 2022. Asia-Pacific region expected significant growth in the Global Genomics Market.
Global Genomics Market Segmentation:
The market is divided into Sequencing, Microarray, PCR, Nucleic Acid Extraction and Purification, and Others based on technology. In 2022, the genomics market’s greatest share, or xx%, belonged to the PCR category. The market for genomics is expanding mostly due to technological advancements, an increase in genomics research, and decreased costs for DNA amplification using PCR. The market is primarily driven by technology investment and DNA expansion utilizing PCR. In 2022, the second segment will have the highest share of xx%. Sequencing technology has benefits including ultra-high throughput, scalability, and fast speed. It is utilized for a variety of tasks, including farming and animal breeding.
Global Genomics Market Key Players:
1. Thermo Fisher Scientific Inc
2. Illumina Inc.
3. QIAGEN N.V.
4. Agilent Technologies Inc
5. Eurofins Scientific
6. BGI
7. GE Healthcare
8. Bio-Rad Laboratories Inc
9. F. Hoffmann-La Roche Ltd
10.Oxford Nanopore Technologies
11.Beijing Genomics Institute
12.Foundation Medicine, Inc
13.23andMe, Inc
14.Pacific Biosciences of california
15.Myriad Genetics, Inc.
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Global Genomics Market are:
- What is the expected Global Genomics Market size by 2029?
- What is the growth rate of the Global Genomics Market?
- Which are the factors expected to drive the Global Genomics Market growth?
- Which segment dominated the Global Genomics Market growth?
- Which region held the largest share in the Global Genomics Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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