Press release
Genomics Market to Reach USD 72.67 Bn by 2029, emerging at a CAGR of 15.35 percent and forecast 2023-2029
Genomics Market
The report explores the multifaceted aspects of the global Genomics market, covering the drivers, restraints, and the potential impact of utilizing genomic information in personalized medicine within the medical community.
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Genomics Market Research Methodology:
A robust research methodology is employed to simplify complex data, making it easily comprehensible for the reader. The report also includes a dedicated study of key players, including market leaders, followers, and newcomers, providing a comprehensive analysis of the industry.
What are Genomics Market Dynamics:
Governments worldwide are increasing funding for genomics projects, aiming to advance research in the field. Initiatives like the 'Genome India Project' in India, which aims to collect 10,000 samples to build a reference genome, are gaining traction. In the U.S., efforts to study tumor treatment expenses are expected to increase by 7% to 10% annually in 2021, with a projected cost exceeding $150 billion. One significant factor impacting the genomics market is the extent to which the medical community will utilize existing genomic information in personalized medicine.
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What is Genomics Market Segmentation:
by Product & Service
Consumables
Systems and software
Services
by Technology
Sequencing
Microarray
PCR
Nucleic Acid Extraction and Purification
Others
by Test Type
Diagnostic Test
Genetic Test
Newborn Screening
Pre-implantation Testing
Prenatal Testing
Carrier Testing
by Application
Diagnostic
Drug Discovery
Precision Medicine
Others
by Method
Molecular Test
Chromosomal Test
Biochemical Test
by End User
Research Centers
Hospitals and Clinics
Pharmaceutical Companies
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Who are Genomics Market Key Players:
1. Thermo Fisher Scientific Inc
2. Illumina Inc.
3. QIAGEN N.V.
4. Agilent Technologies Inc
5. Eurofins Scientific
6. BGI
7. GE Healthcare
8. Bio-Rad Laboratories Inc
9. F. Hoffmann-La Roche Ltd
10.Oxford Nanopore Technologies
11.Beijing Genomics Institute
12.Foundation Medicine, Inc
13.23andMe, Inc
14.Pacific Biosciences of california
15.Myriad Genetics, Inc.
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Table of content for the Genomics Market includes:
Genomics Market : Research Methodology
Genomics Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Genomics Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Genomics Market Regional Insights:
In 2022, North America accounted for over 39% of the global genomics market. Developed regions like North America and Europe lead the global genomics market, thanks to ample funds and numerous companies conducting research in molecular biology. In Europe, the European Union's initiatives to promote genomics research have accelerated market growth.
During the forecast period, the Asia Pacific region is expected to experience the most significant market growth. This is attributed to the strengthening economies of developing countries such as India and China, along with their respective governments' increased focus on encouraging research in genomics. Notably, China hosts the world's largest genomic research institute, the Beijing Genomics Institute, further boosting the Asia Pacific genomics market.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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