Genomics Market Expansion | Future Trends & Investment Insights To Reach USD 115.4 Bn By 2031 | Agilent Technologies, Bio-Rad Laboratories, Inc., BGI Genomics, Color Genomics, Inc

Latest Research Study on Genomics Market

Global Genomics Market reached USD 27.9 billion in 2022 and is expected to reach USD 115.4 billion by 2031, growing with a CAGR of 18.7% during the forecast period 2024-2031.

Genomics Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Genomics is the study of an organism's complete set of DNA, including all of its genes and their functions. It focuses on understanding genetic structures, interactions, and variations to analyze biological processes, disease mechanisms, and potential medical advancements. Genomics plays a crucial role in personalized medicine, biotechnology, and evolutionary biology.

List of the Key Players in the Genomics Market:

Agilent Technologies, Bio-Rad Laboratories, Inc., BGI Genomics, Color Genomics, Inc., Danaher Corporation, Eurofins Scientific, F. Hoffmann-La Roche Ltd., GE Healthcare, Illumina, Inc., and Myriad Genetics, Inc., among others.

Industry Development:

On July 18, 2023, Genomic Vision, a biotechnology company listed on Euronext, announced the launch of HexaCard, a new service designed for precise DNA sequence characterization. HexaCard utilizes Genomic Vision's proprietary Molecular Combing Technology (MCT) to provide highly accurate visualization and measurement of individual DNA molecules. This innovative solution integrates multiple genome modification assessment technologies into a single, streamlined platform, catering to the cell and gene therapy (CGT) and biomanufacturing industries. By incorporating six analytical parameters into one assay, HexaCard enhances efficiency in bioproduction and CGT applications.

On July 12, 2023, Illumina, Inc. introduced DRAGEN 4.2, the latest version of its advanced software for analyzing next-generation sequencing (NGS) data. The new version enhances accuracy, flexibility, and scalability, enabling efficient workflows and deeper insights from genomic data.

On April 25, 2023, Apollo Hospitals expanded its Apollo Genomics Institute with a new facility in Chennai, marking its third location after Mumbai and Delhi. This expansion strengthens Apollo's commitment to advancing genomic research and personalized healthcare.

Growth Forecast Projected:

The Global Genomics Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Genomics Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Genomics Market:

By Application & Technology: Functional Genomics, Transfection, Real-Time PCR, RNA Interference, Mutational Analysis, SNP Analysis, Microarray Analysis, Epigenomics , Bisulfite Sequencing, Chromatin Immunoprecipitation (CHIP & CHIP-Seq), Methylated DNA Immunoprecipitation (MEDIP), High-Resolution Melt (HRM), Chromatin Accessibility Assays, Microarray Analysis, Pathway Analysis, Bead-Based Analysis, Microarray Analysis, Real-Time PCR, Proteomics Tools, Biomarker Discovery , Mass Spectrometry, Real-Time PCR, Microarray Analysis, Statistical Analysis, Bioinformatics, DNA Sequencing, Others

By Products and Services: Products, Instruments/Systems/Software , Consumables & Reagents, ServicesNGS-Based Services, Core Genomics Services, Biomarker Translation Services, Computational Services, Others

By End-User: Clinical Research, Academic & Government Institutes, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Others,

Regional Analysis for Genomics Market:

The regional analysis of the Genomics Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Genomics market?

➠ Who are the leading manufacturers in the global Genomics industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Genomics industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Genomics market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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