Genomics Market was worth US$ 26.74 Bn. in 2022 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.
Genomics Market Report Scope and Research Methodology
The qualitative and quantitative data collected by primary research resources, free and paid databases, surveys, Google forms, etc. is further analysed by tools such as SWOT and PESTLE analysis to understand the Genomics market.
Genomics Market Overview
The report insights about top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors which helps to analyse the Genomics Market.
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Genomics Market Regional Insights
A regional analysis typically includes a precise examination of market trends, competitive landscape, consumer behaviour, and regulatory environment in each region.
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%, 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%. 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.
The market is further divided into the Application sub-segments of Diagnostic, Drug Discovery, Precision Medicine, and Others. The genomics market’s largest and fastest-growing application sector is diagnostics. The expansion of this market can be due to rising study of diseases including cancer and genetic disorders as well as falling sequencing costs. With more research being done on diseases like cancer and genetic disorders, together with lower sequencing costs, the drug discovery segment is currently holding the second-place spot in the market.
The market is further divided into Consumables, Systems and software, and Services based on Product and Service. In 2022, consumables will have the biggest market share. Consumables are still being used in the genomic system, and the number of genomic tests being performed worldwide is rising. This is one of the market-influencing elements. The segment’s income is produced by significant players using nucleic acids and reagents. With the debut of a product meant to make whole genome sequencing accessible and inexpensive for laboratories of all sizes in June 2021, Illumina Inc. announced the NovaSeqTM 6000 reagent kit in August 2021. The Magbind viral RNA Xpress kit was introduced by Omega bio-tek Inc. to quickly and accurately isolate viral RNA from swab samples.
Global Genomics Market Analysis and Forecast, by Product & Service
1. Introduction and Definition
2. Key Findings
3. Global Genomics Market Value Share Analysis, by Product & Service
4. Global Genomics Market Size (US$ Bn) Forecast, by Product & Service
5. Global Genomics Market Analysis, by Product & Service
6. Global Genomics Market Attractiveness Analysis, by Product & Service
Global Genomics Market Analysis and Forecast, by Technology
1. Introduction and Definition
2. Key Findings
3. Global Genomics Market Value Share Analysis, by Technology
4. Global Genomics Market Size (US$ Bn) Forecast, by Technology
5. Global Genomics Market Analysis, by Technology
6. Global Genomics Market Attractiveness Analysis, by Technology
Global Genomics Market Analysis and Forecast, by Test Type
1. Introduction and Definition
2. Key Findings
3. Global Genomics Market Value Share Analysis, by Test Type
4. Global Genomics Market Size (US$ Bn) Forecast, by Test Type
5. Global Genomics Market Analysis, by Test Type
6. Global Genomics Market Attractiveness Analysis, by Test Type
Global Genomics Market Analysis and Forecast, by Method
1. Introduction and Definition
2. Key Findings
3. Global Genomics Market Value Share Analysis, by Method
4. Global Genomics Market Size (US$ Bn) Forecast, by Method
5. Global Genomics Market Analysis, by Method
6. Global Genomics Market Attractiveness Analysis, by Method
Global Genomics Market Analysis and Forecast, by Application
1. Introduction and Definition
2. Key Findings
3. Global Genomics Market Value Share Analysis, by Application
4. Global Genomics Market Size (US$ Bn) Forecast, by Application
5. Global Genomics Market Analysis, by Application
6. Global Genomics Market Attractiveness Analysis, by Application
Global Genomics Market Analysis and Forecast, by End User
1. Introduction and Definition
2. Key Findings
3. Global Genomics Market Value Share Analysis, by End User
4. Global Genomics Market Size (US$ Bn) Forecast, by End User
5. Global Genomics Market Analysis, by End User
6. Global Genomics Market Attractiveness Analysis, by End User
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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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Key questions answered in Genomics Market are:
- What is the Genomics market size of the dominating region?
- What was the Genomics market size in 2022?
- What is the expected Genomics market size by 2029?
- What is the growth rate of the Genomics Market?
- Which are the factors expected to drive the Genomics market growth?
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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