Genomics Market Growth Opportunity by 2025 - A Comprehensive Analysis states that industry is growing with a CAGR of 10.8% with $32,995.3 Million in Forecast Period
Genomics uses a mixture of recombinant DNA, DNA sequencing methods, and bioinformatics to sequence, assemble, and analyze the structure and function of genomes. For instance, in July 2018, Innovate UK, the UK’s innovation agency, funded approximately US$ 1.76 million (£1.3 million) project, Evonetix Ltd, (UK) that will be in partnership with Durham University. The funds will be utilized for the development of a new enzymatic approach to DNA synthesis. Similarly, in April 2018, DNA Script received approximately US$5.5 million in grant funds from the European Commission and Bpifrance (French investment bank). The technology platform, and other related resources are helping the company to accelerate the development of the genomes. The large-scale Genome Centers will present the All of Us genomics platform.The global genomics market is expected to reach US$ 32,995.3 Mn in 2025 from US$ 14,728.6 in 2017. The market is estimated to grow with a CAGR of 10.8% from 2018-2025.
Genomics Market to 2025 - Global Analysis and Forecasts by Technology (Sequencing, Microarray, PCR, Nucleic Acid Extraction and Purification, and Others), Product & Service (Instruments/Systems, Consumables, and Services), Application (Diagnostics, Drug Discovery and Development, Precision/Personalized Medicine, Agriculture & Animal Research, and Others) End User (Research Centers, Hospitals and Clinics, Pharmaceutical & Biotechnology Companies, and Others) and Geography
Get Sample Copy at https://www.theinsightpartners.com/sample/TIPTE100000730
The genomics is defined as the study of a gene and its functioning. The concept of genomics is aimed to understand the architecture of the genome which is comprised of the deoxyribo nucleic acid (DNA), ribo nucleic acid (RNA) and proteins. Genomics is meant to examine the molecular mechanisms and the interaction of genetic and environmental factors in the diseases. The report would be of an interest to various stakeholders operating in the genomics market. These stakeholders include hospitals, research institutes, medical device suppliers, diagnostic centers, academic institutes, market research, equipment manufacturers, and consulting firms.
Key Players Influencing Genomics Market -
1. Thermo Fisher Scientific Inc.
2. Illumina Inc.
3. Eurofins
4. Qiagen
5. Agilent Technologies
6. BGI
7. Bio-Rad Laboratories, Inc.
8. F. Hoffmann-La Roche AG
9. Danaher
10. GE Healthcare
The report analyzes factors affecting genomics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key genomics manufacturing companies along with their SWOT analysis and market strategies.
Have Queries? Ask us at https://www.theinsightpartners.com/inquiry/TIPTE100000730
Key Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Genomics market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
Major Market Development-
-In 2016, Twist Bioscience raised its revenue with US$ 61 million for the scale-up and commercial operation of the silicon chip-based high throughput low-cost gene synthesis platform. Similarly, In March 2018, SynbiCITE (UK) received around US$ 17.6 million (£13M) grants and US$ 318.5 million (£234M) private investment. Notably, SynbiCITE is made for increasing synbio applications in the UK. Thus, a huge investments made by the government, companies is anticipated to increase the growth of the global genomics market over the forecast years.
-The developments by the companies are developing technologies and services and are investing more for the research and developments. For instance, Thermo Fisher Scientific Inc. invested 3.7%, 4.1% and 4.2% of its total revenue on R&D activity in 2015, 2016 and 2017 respectively. Since the last three years, the company is focusing on research and development activities which is indicated by increasing R&D expenditure. Therefore, the company strives towards technological developments thereby offering new products in the market.
The developments by the companies are developing technologies and services and are investing more for the research and developments. For instance, Thermo Fisher Scientific Inc. invested 3.7%, 4.1% and 4.2% of its total revenue on R&D activity in 2015, 2016 and 2017 respectively. Since the last three years, the company is focusing on research and development activities which is indicated by increasing R&D expenditure. Therefore, the company strives towards technological developments thereby offering new products in the market.
Buy this Report at https://www.theinsightpartners.com/buy/TIPTE100000730
About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
Contact us –
Contact Person : Sameer Joshi
Phone : +1-646-491-9876
Email Id : sam@theinsightpartners.com
Website: https://www.theinsightpartners.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Genomics Market Growth Opportunity by 2025 - A Comprehensive Analysis states that industry is growing with a CAGR of 10.8% with $32,995.3 Million in Forecast Period here
News-ID: 1616366 • Views: …
More Releases from The Insight Partners
Drywall Panels Market Worth US$ 70,723.39 million by 2028 by Focusing Global Ind …
The drywall panels market size is expected to grow from US$ 48,719.96 million in 2022 to US$ 70,723.39 million by 2028; it is estimated to grow at a CAGR of 6.4% from 2022 to 2028. The Drywall Panels Market report by "The Insight Partners" entails detailed information regarding the dynamics affecting market valuation over the analysis period. It also covers the competitive landscape, market scope, and market segmentation.
Get…
Video Game Engine : The Future of Upcoming Years
Get PDF Sample Report + All Related Table and Graphs Download PDF@: https://www.theinsightpartners.com/sample/TIPRE00004383?utm_source=openpr&utm_medium=10392
A video game engine is a software development environment used by the developers to develop videogames for consoles. Advancements in technologies and the growing popularity of high-end video game are the major factors that are expected to drive the growth of the video game engine market. The increasing popularity of mobile gaming is anticipated to provide opportunities for…
Medical Imaging Market Revenue to Reach US$ 33,002.52 Million by 2028
An exclusive Medical Imaging Market research report has been fabricated through the in depth analysis of the market dynamics across five regions including North America, Europe, South America, Asia-Pacific, Middle East and Africa. The segmentation of the market by components, end users, and region was done based on the thorough market analysis and validation through extensive primary inputs from industry experts (key opinion leaders of companies, and stakeholders) and secondary…
Atherosclerosis Therapeutics Market by Demand Analysis, Manufacturers Share, Reg …
The Atherosclerosis Therapeutics Market report provides a basic overview of the market including definitions, classifications, applications and industry chain structure. The Atherosclerosis Therapeutics Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions' development status.
Download Sample PDF at https://www.theinsightpartners.com/sample/TIPRE00008170/?utm_source=OpenPR&utm_medium=10831
Key Players Analysis:
• Novartis AG
• Merck and Co., Inc.
• Sanofi
• F. Hoffmann-La Roche Ltd.
• GlaxoSmithKline plc
• Isis Pharmaceuticals, Inc.
• Anthera Pharmaceuticals
• Bayer AG
• Johnson and Johnson
• Cardium Therapeutics
• AstraZeneca Plc
The report covers key developments…
More Releases for DNA
AUTUMN DNA Reviews: Here are what TOP CONSUMERS say about the AUTUMN DNA
As a human, there are some specific vitamins and nutrients required by your body to run efficiently. Without those vitamins and nutrients, you may encounter issues such as body weakness, fatigue, headaches, and an imperiled immune system in general. This sets you at the risk of getting ill, and in some cases, leads to the development of chronic conditions.
With that said, they are not the only reasons why you should…
DNA Paternity Testing Market Trends 2020 | Growth by Top Companies: DNA Diagnost …
The report begins with the overview of the DNA Paternity Testing Market and offers throughout development. It presents a comprehensive analysis of all the regional and major player segments that gives closer insights upon present market conditions and future market opportunities along with drivers, trending segments, consumer behaviour, pricing factors and market performance and estimation. The forecast market information, SWOT analysis, DNA Paternity Testing market scenario, and feasibility study are…
DNA Paternity Testing Market Rapidly Growing in Healthcare, Competitor Analysis …
The exclusive research report on the Global DNA Paternity Testing Market 2020 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global DNA Paternity Testing Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.
Overview of Global DNA Paternity Testing Market:
This report studies the Global DNA Paternity Testing…
DNA Testing Kits Market Progresses for Huge Profits by 2025 | Top Players- Ances …
Orian Research recently published a latest research report titled “Global DNA Testing Kits Industry 2019” which highlights top companies, DNA Testing Kits market segmentation by Types, Application and market division based on Geographical Locations. The DNA Testing Kits research report primarily focuses on providing in-depth research analysis and forecast for DNA Testing Kits Market from 2019 to 2025.
Get Sample Copy at https://www.orianresearch.com/request-sample/965177
Global DNA Test Kits Market: Key Drivers and…
DNA Testing Services Market 2019-2025: Statistics Influencing the Industry- MyHe …
DNA Testing Services Market report is based on present industry situations, market demands, business strategies utilized by prominent players involved in this market along with their growth synopsis. This report has been segmented into types, applications and regions. The report also comprises major drivers boosting this market. DNA Testing Services market worth about XX million USD in 2018 and it is expected to reach YY million USD in 2025 with…
DNA Sequencing Market: DNA Sequencing Industry is Expected to Penetrate the Clin …
The global DNA sequencing market is forecast to grow to $6.6 billion over the year 2016 at the compounded annual growth rate of 17.5% as a result of emerging technologies in this field and its use in a number of applications.
DNA sequencing industry is segmented into instruments and consumables, services, and workflow products. Instruments and consumables segment are the rapidly emerging segments accounting for about $2.2 billion by the year…