Genomic Data Analysis And Interpretation Market Trends, Top Companies, Share, Growth And Forecast 2033

The new report published by The Business Research Company, titled Genomic Data Analysis And Interpretation Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the genomic data analysis and interpretation market size has grown rapidly in recent years. It will grow from $1.14 billion in 2023 to $1.29 billion in 2024 at a compound annual growth rate (CAGR) of 13.1%. The genomic data analysis and interpretation market size is expected to see rapid growth in the next few years. It will grow to $2.14 billion in 2028 at a compound annual growth rate (CAGR) of 13.4%.

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Cancer Surge Drives Growth In Genomic Data Analysis Market
The increasing number of cancer cases is expected to propel the growth of the genomic data analysis and interpretation market going forward. Cancer is the uncontrolled growth and spread of abnormal cells within the body, often infiltrating other tissues and organs. Cancer cases are rising due to an aging population, lifestyle changes including smoking and poor diet, environmental pollution, and improved detection methods leading to earlier diagnosis. Genomic data analysis and interpretation in cancer aid in identifying genetic mutations, biomarkers, and personalized treatment strategies for improved patient outcomes. For instance, in 2021, according to the American Cancer Society, a US-based community-based voluntary health organization, there were 1.9 million new cancer cases diagnosed and 608,570 cancer deaths in the United States 2021, an increase from 1.8 million new cancer cases diagnosed and 606,520 cancer deaths in 2020. Therefore, the increasing number of cancer cases is driving the growth of the genomic data analysis and interpretation market.

Product Offerings With Advanced Long-Read Sequencing Services
Major companies operating in the genomic data analysis and interpretation market are focusing on developing innovative services, such as advanced long-read sequencing services, to gain a competitive edge in the market. Advanced long-read sequencing services involve cutting-edge technologies to analyze genetic material with longer sequence reads, allowing for more comprehensive and accurate characterization of DNA and RNA. For instance, in April 2024, Clinical-Microbiomics A/S, a Denmark-based biotechnology company, launched Advanced Long-Read 16S, ITS, 18S, Isolate, and metagenomics sequencing services. These services are intended to meet the needs of academic, clinical, and industrial researchers. These services provide higher-resolution insights into microbial communities by generating longer reads, which help distinguish between closely related organisms and link specific functions to these organisms. The data collected through long-read sequencing also supports the construction of high-quality metagenome-assembled genomes, providing a more precise and complete understanding of the microbial ecosystem.

The genomic data analysis and interpretation market covered in this report is segmented -

1) By Product: Software, Services
2) By Application: Functional Genomics, Real-time Polymerase Chain Reaction (PCR), Transfection, Single Nucleotide Polymorphisms (SNP) Analysis, Mutational Analysis, Microarray Analysis, Ribonucleic Acid (RNA) Interference, Pathway Analysis
3) By End User: Research And Academic Institutions, Biotechnology And Biopharmaceutical Companies, Hospitals And Diagnostic Laboratories, Contract Research Organizations, Forensic Laboratories, Other End Users

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Major companies operating in the genomic data analysis and interpretation market are F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Agilent Technologies Inc., Illumina Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Beijing Genomics Institute (BGI) Genomics Co. Ltd, Guardant Health Inc., 10x Genomics Inc., Oxford Nanopore Technologies Inc., Pacific Biosciences of California Inc., SOPHiA GENETICS Inc., DNAnexus Inc., Seven Bridges Genomics Inc., ASURAGEN INC., Fabric Genomics Inc., DNASTAR Inc., Genoox, Golden Helix Inc., Partek Inc., SoftGenetics LLC, Cantada Bio, Geneyx Genomex Ltd., Freenome Holdings Inc, BlueBee Inc.

Contents of the report:
1. Executive Summary
2. Genomic Data Analysis And Interpretation Market Report Structure
3. Genomic Data Analysis And Interpretation Market Trends And Strategies
4. Genomic Data Analysis And Interpretation Market - Macro Economic Scenario
5. Genomic Data Analysis And Interpretation Market Size And Growth
…..
27. Genomic Data Analysis And Interpretation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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