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Digital Genome Market: Segmentation Application, Technology and Market Analysis Report 2018-2026
Digital Genome
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Market Dynamics
Engagement of various key players and government regulatory organizations to launch digital genome-based products and services to conduct extensive research and development (R&D) in development of personalized medicines for cancer, diabetes, and other infectious diseases are expected to drive growth of the global digital genome market. Furthermore, integration of Artificial Intelligence (AI) to efficiently analyze the complex genome data and thereby, easy utilization of these genomic data by heathcare professionals, clinicians, and researchers is expected to increase adoption of digital genome technologies over the forecast period.
Increasing Technological Advancement in Digital Genome field is expected to augment the Market Growth
Increasing technological advancements and growing awareness related to use of genomes for diagnosis of diseases such as cancer, diabetes, and Attention Deficit Hyperactivity Disorder (ADHD) are expected to drive growth of the digital genome market. For instance, in February 2018, the National Human Genome Research Institute (NHGRI) launched a strategic planning, which will establish a 2020, vision for genomics research aimed at accelerating scientific and medical breakthroughs. Furthermore, in the development of this strategic planning, the institute will engage experts and diverse public communities to identify diverse areas of genomics, which will expand the novel applications in human health and disease treatments.
Increasing Adoption of Personalized Medicine is expected to propel the Market Growth
Increasing inclination towards using genome to predict reaction of medication for safe and effective treatment of cancer, Attention Deficit Hyperactivity Disorder (ADHD), diabetes for personalized and safe treatment to choose most appropriate treatment for ADHD, and nutrition profiling where DNA is used to prevent development of chronic diseases are expected to be major growth drivers for the digital genome market.
Key Companies
Key players operating in the global digital genome market include, Illumina, Inc., PerkinElmer, Inc., Pacific Biosciences of California, Inc., Thermo Fisher Scientific Inc., Oxford Nanopore Technologies Limited, Nanostring Technologies, Inc., IBM Corporation, Google LLC, Amazon.com, Inc., Deep Genomics, Deep Genomics, Deep Genomics, Desktop Genetics Ltd., and Ancestry.com LLC.
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Detailed Segmentation:
Global Digital Genome Market, By Product Type:
Sequencer & Analyzers
Reagents & Kits
Sequencing & Analysis Software
Global Digital Genome Market, By Application:
Clinical
Reproductive Health
Oncology
Others
Forensics
Drug Discovery and Development
Other Applications
Global Digital Genome Market, By End User:
Hospitals
Diagnostic Centers
Research Institutes
Biotechnology and Pharmaceutical Companies
Others
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