"An all-encompassing Genomics Market report provides insights into valuable trends, consumer behavior, and visualizations that empower businesses to conduct valuable competitor analysis. This comprehensive market research report brings the results of market-driven research to life, offering users a data analysis tool to create actionable strategies from a range of consumer-driven insights. With such a market report, businesses can become more intelligent and efficient, ultimately meeting the needs of the target audience and accelerating commercial success significantly. To obtain a holistic view of the market, the comprehensive Genomics Market research report works best.
The first-class Genomics Market research report helps identify the downsides in the business, including the likes and dislikes of a specific market segment in a certain geographical area, their expectations, and readiness, among other factors. Similarly, this industry analysis report is useful to learn more about the target market and understand the various factors involved in buying decisions. The report provides a broader view of the market, allowing businesses to benchmark against other unfocused companies. By using the credible Genomics Market report, internal research can be validated, ensuring businesses aren't blinded by their own data.
Data Bridge Market Research analyses that the genomics market which was USD 31.56 billion in 2022, is expected to reach USD 106.14 billion by 2030, growing at a CAGR of 16.37% during the forecast period of 2023 to 2030.
Explore Further Details about This Research Genomics Market Report https://www.databridgemarketresearch.com/reports/global-genomics-market
Genomics Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015-2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Deliverables (Product, Software and Services), Technology (Sequencing, Microarray, Polymerase Chain Reaction (PCR), Nucleic Acid Extraction, Purification, Others ), Process ( Library Preparation, Data Analysis), Application (Epigenomics, Functional, Biomarker Discovery, Pathway Analysis, Diagnostics, Drug Discovery, Development, Precision Medicine, Agriculture, Animal Research, Others), End-User (Government and Academic Institutes, Clinical Research, Healthcare Facilities, Biotechnology and Pharmaceutical Companies, Others) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered | Agilent Technologies, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), BGI (China), Color Health, Inc. (U.S.), Danaher (U.S.), Eppendorf SE (Germany), Eurofins Scientific (Luxembourg), F. Hoffmann-La Roche Ltd. (Switzerland), GE Healthcare (U.S.), Illumina, Inc. (U.S.), Myriad Genetics, Inc. (U.S.), Oxford Nanopore Technologies plc. (U.K.), PacBio (U.S.), QIAGEN (Germany), Quest Diagnostics Incorporated (U.S.), Thermo Fisher Scientific, Inc. (U.S.), 23andMe, Inc. (U.S.), FOUNDATION MEDICINE, INC. (U.S.), IntegraGen (France), Genome Diagnostics Pvt. Ltd. (India), Cytiva (U.S.). |
Market Opportunities |
|
Market Definition
Genomics is the study of deciphering, interpreting, applying, and interpreting DNA code to various problems. Genomics is one of the most helpful technologies in today’s world. Genomics is significant for genome sequencing as different generic variants can be identified through genomics which can be riskier for asymptomatic people for disease development. Genomics helps identify different undiscovered antimicrobial compounds and for keeping bacterial diseases away.
Genomics Market Dynamics
Drivers
- Growing incidence of cancer
The incidence of cancer and the increasing applications of next-generation sequencing in cancer research is a significant factors helping in the market's growth. Genomics is modifying the way cancer is diagnosed and treated. Genome research is improving the methods of diagnosing cancer using a blood sample. Screening tests to find cancer that are inherited are increasing due to genomics. Therefore, the growing incidents of cancer and the successful use of genomics for diagnosing and treating cancer are boosting the market's growth.
- Implementation of artificial intelligence
Artificial intelligence (AI) implementation in genomics has increased in the past few years. The data generated through sequencing technologies are analysed by artificial intelligence algorithms, enabling quick and precise diagnosis of genetic variations responsible for a particular disease. Artificial intelligence is also used to develop personalized patient treatment plans. This helps doctors prescribe the most beneficial treatment for the patient. Thus, the use of artificial intelligence provides accurate results, therefore, AI is becoming a major opportunity for the market’s growth.
Opportunities
- Research and development on genomics
The growing focus on genomics research and developments is contributing to the growth of the genomics market. In July 2022, WHO's Science Council of Experts was launched for the equitable expansion of genomics. It includes a focus on increasing access to genomic technologies, majorly in countries with low and middle incomes, by directing the shortfalls in the financing, materials, highly trained professionals, and laboratory infrastructure. Therefore, all these initiatives are expected to help in the significant growth of the market.
- Applications of genomics in rare disorder diagnosis
Through large-scale genetic testing, it is possible to increase diagnosis and treatment options for patients with rare diseases. The ability to understand genomes quickly and inexpensively has led to advances in the diagnosis of rare disorders. This increased diagnosis and treatment provide significant relief to patients suffering from rare disorders, as well as help the patients to understand the risk of disorder to future generations. Thus, applications of genomics in diagnosing and treating rare disorders would help grow the market.
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope Of The Genomics Market Report
Part 03: Research Methodology
Part 04: Genomics Market Landscape
Part 05: Pipeline Analysis
Part 06: Genomics Market Sizing
Part 07: Five Forces Analysis
Part 08: Genomics Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Genomics Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Browse Related Reports:
Sialolithiasis Treatment Market to Observe Prominent CAGR Growth by 2Size, Share, Trends, Demand, Market Growth and Competitive Analysis
https://www.databridgemarketresearch.com/reports/global-sialolithiasis-treatment-market
Allergic Asthma Disease Market To Perceive Highest CAGR Growth by Size, Share, Trends, Key Drivers, Growth Opportunities and Revenue Analysis
https://www.databridgemarketresearch.com/reports/global-allergic-asthma-disease-market
Alport Syndrome Market to Perceive Prominent Growth of Billion by Size, Share, Trends, Demand, Growth and Competitive Analysis
https://www.databridgemarketresearch.com/reports/global-alport-syndrome-market
Angina Pectoris Drugs Market Forecasted to Exhibit an Incredible Growth of Billion by Size, Share, Trends, Key Drivers, Demand and Opportunity Analysis
https://www.databridgemarketresearch.com/reports/global-angina-pectoris-drugs-market
Antitussive Drugs Market Anticipated to Garner Significant Growth of Billion By Size, Share, Trends, Opportunities, Key Drivers, and Revenue Forecast
https://www.databridgemarketresearch.com/reports/global-antitussive-drugs-market
Aripiprazole Market Poised to Achieve Exponential CAGR Growth by Size, Share, Trends, Opportunities, Key Drivers, and Revenue Forecast
https://www.databridgemarketresearch.com/reports/global-aripiprazole-market
Autoimmune hepatitis Market to Notice Prominent CAGR Growth by Size, Share, Trends, Demand, Growth and Competitive Outlook
https://www.databridgemarketresearch.com/reports/global-autoimmune-hepatitis-market
Cataracts Market to Observe Utmost Growth of Billion by Size, Share, Trends, Demand, Key Players and Growth Factors
https://www.databridgemarketresearch.com/reports/global-cataracts-market
Echinocandins Market is Probable to Influence the Value of Billion by Size, Share, Trends, Growth and Competitive Outlook
https://www.databridgemarketresearch.com/reports/global-echinocandins-market
Galectin Inhibitor Therapeutics Market is Likely to Upsurge at Billion Globally by Size, Share, Trends, Demand, Growth and Opportunity Analysis
https://www.databridgemarketresearch.com/reports/global-galectin-inhibitor-therapeutics-market
About Data Bridge Market Research:
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – [email protected]
"
