Genomics Market Future Aspect Analysis, Growth Evaluation 2016-2025 | Bio-Rad Laboratories, Inc; Danaher, BGI F. Hoffmann-La Roche Ltd

Genomics Market expects a drastic growth in future
A recent report published by QMI on the genomics market is a detailed assessment of the most important market dynamics. After carrying out a thorough research of genomics market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision.

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The study identifies specific and important factors affecting the market for genomics during the forecast period. It can enable manufacturers of genomics to change their production and marketing strategies in order to envisage maximum growth.

According to the report, the genomics market is expected to promise high growth owing to increasing cases of genetic predisposition to certain diseases in the recent years. Increasing demand from applications including diagnostic, precision medicine is expected to drive the growth of genomics market. There has been a growth of genomic data pool due to research activities that have enabled the physicians, biologists, and patients to further investigate the genetic predisposition to certain diseases. The clinical application of this plays a vital role in the transformation of the healthcare system was it provides more accurate, effective, and reliable disease management solutions.

Segmentation for better understanding of this market and its growth prospects:

By-products and services, it is segmented into systems & software, consumables, services. The consumables segment is majorly used and its growth is attributed to the rising number of genomic services start-ups.

By the basis of technology, it is segregated into sequencing, microarray, and PCR. The PCR segment has seen a rise in its growth. The technological advancements, increasing research in the field of genomics, and the lower cost of DNA amplification using PCR are the key factors that are driving the growth of this market.

By application, it is segregated into, diagnostic applications, and precision medicine. There has been a significant rise in the growth of diagnostic applications in the genomics market. The growth of diagnostics can be attributed to the increasing research on diseases such as cancer and genetic disorders and the decreasing cost of sequencing.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Bio-Rad Laboratories, Inc
2. Danaher
3. BGI
4. F. Hoffmann-La Roche Ltd
5. Illumina, Inc
6. Pacific Biosciences
7. Oxford Nanopore Technologies.
8. 23andMe, Inc
9. Foundation Medicine, Inc
10. Myriad Genetics, Inc

Factors that will have a significant impact on the market are:
o Increasing cases of genetic predisposition to certain diseases
o It provides more accurate, effective, and reliable disease management solutions.

Insights about the regional distribution of market:

The market has been segmented in major regions to understand the global development and demand patterns of this market.

For the genomics market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific, and Western Europe are expected to be major regions on the genomics market.

North America and Western Europe have been one of the key regions as they have an established healthcare infrastructure for product innovations and early adaptations. This is estimated to drive demand for the genomics market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.

Asia Pacific is estimated to register a high CAGR for the genomics market. The APAC region has witnessed strategic investments by global companies to cater to the growing demand for healthcare solutions in recent years. The Middle East and Rest of the World are estimated to be emerging regions for the genomics market.

Market Segmentation:

By Product and Service:
Systems & Software
Consumables
Services

By Technology:
Sequencing
Microarray
PCR
By Application:
Diagnostic
Precision Medicine

By Region:
North America
By Country (US, Canada, Mexico)
By Product and Service
By Technology
By Application
Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Product and Service
By Technology
By Application
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Product and Service
By Technology
By Application
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Product and Service
By Technology
By Application
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Product and Service
By Technology
By Application
Rest of the World
By Region (South America, Africa)
By Product and Service
By Technology
By Application

Reasons to Buy This Report:
o Market size estimation of the global genomics market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

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This release was published on openPR.