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Optical Genome Mapping Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

02-23-2024 04:47 PM CET | IT, New Media & Software

Press release from: Evolve Business Intelligence

Optical Genome Mapping Market Growth Factors, Segmentation,

As per the study initiated by Evolve Business Intelligence, the global Optical Genome Mapping Market size accounted for USD 90.2 million in 2022, growing at a CAGR of 29.6% from 2023 to 2033. The optical genome mapping market is a rapidly growing industry that offers researchers and clinicians a powerful method for studying structural variations in the genome, thereby enhancing their understanding of genetic diseases and facilitating personalized medicine. The market is expected to reach a compound annual growth rate of 29.1% from 2023 to 2030, with a projected market size of USD 418.4 million by 2030. Key drivers of this market include the increasing demand for advanced genomic analysis tools and techniques, rising government spending on genomics research, and the growing adoption of optical genome mapping in research institutions and pharmaceutical companies. The market is segmented into instruments, consumables and reagents, software, and services.

The Optical Genome Mapping market is being primarily driven by advancements in genomic research and the increasing demand for high-resolution genomic analysis tools. This technology offers a comprehensive view of structural variations in genomes, aiding in the detection of disease-causing mutations and facilitating personalized medicine. Additionally, its ability to complement next-generation sequencing techniques by providing long-range genomic information fuels its adoption in various applications, including cancer research, rare disease diagnosis, and agricultural genomics.

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Key Highlights:
• The global Optical Genome Mapping Market size was valued at USD 90.2 million in 2022 growing at a CAGR of 29.6% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Optical Genome Mapping Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..

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Key Players
Some of the major Optical Genome Mapping Market players holding high market shares include Bionano Genomics, Nucleome Informatics Private Limited, Praxis Genomics, LLC, and SourceBio International Limited (Source BioScience). These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Bionano Genomics
• Nucleome Informatics Private Limited
• Praxis Genomics, LLC,
• SourceBio International Limited (Source BioScience)
• MedGenome
• INRAE (French Plant Genomic Resources Center (CNRGV))
• PerkinElmer (PerkinElmer Genomics)
• Genohub Inc.
• Hofkens Lab
• Cerba

Segmental Analysis
Market Segment By Product
• Instruments
• Consumables and Reagents
• Software
• Services

Market Segment By Application
• Structural Variant Detection
• Genome Assembly
• Microbial Strain Typing
• Others

Market Segment By End-user
• Biotechnology and Pharmaceutical Companies
• Clinical Laboratories
• Academic research institutes
• Others

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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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