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Digital Genome Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

09-04-2018 12:54 PM CET | Health & Medicine

Press release from: CMI - Biotechnology Industry

Digital Genome Market

Digital Genome Market

Digital genome is the complete digital set of genes or genetic material present in a cell or organism. Genome is the branch of biology that deals with the study of genes and their functions. Digital genome allows the conversion of this large volume of data into products and services. A digital genome act as a pivot table that allows instant access to trait combinations to solve seemingly endless custom queries. The development of polymerase chain reaction (PCR) enabled researchers to characterize the genome at gene level. Digital genome allows researchers to study and review a broad range of genome in-depth, base by base interrogation of particular loci, research and development for drug discovery and precision medicine application.

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Digital genome market is segmented on the basis of component type, application, and end users. On the basis of component, the market is segmented to hardware, software and services. Services and software segment is expected to contribute the major market share in the overall digital genome industry. On the basis of application, digital genome market is segmented into diagnosis, drug discovery, personalized medicine, academic research, and agricultural. Diagnostic and drug discovery application segment of market is expected to contribute major share to the overall market in the foreseeable future.

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Key Vendors of Digital Genome Market: Illumina Inc., Umbel, BiogeniQ, GenomeMe, NanoString Technologies and NanoString.

Global Digital Genome Market Taxonomy

The global digital genome market is classified on the basis of the following segments:

Component Type

Hardware

Software
Services

Application

Diagnostics
Drug Discovery
Personalizes Medicine
Academic Research
Agricultural
Others

End Users

Biotechnology and Pharmaceutical Company
Forensic Company
Academic and research Institute
Others

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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