Genomics Market Outlook, Size, Growth Factors, and Forecast 2025 - 2032

Genomics is the study of genomes, which is the structure, function, evolution and mapping of an organism's DNA. Overall, the market has influenced this area of human life in a great way over the years. Hence, medicine and biomedical sciences are in the process of a rapid transformation due to the genomics revolution. The increasing global cancer incidence has led to higher levels of government support in the form of grants for genomics projects. The idea of personalized medicine has been made possible by studying the Human Genome and has revolutionized the way clinical oncology and rare genetic disorders are managed/ treated.

Genomics Market size was valued at USD 33.25 Billion in 2023 and is poised to grow from USD 39.7 Billion in 2024 to USD 491.15 Billion by 2032, growing at a CAGR of 19.4% during the forecast period (2025-2032).

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This Genomics Market report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future. Production and consumption patterns are being carefully compared to forecast the Genomics Market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth. The Genomics Market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. To determine the growth of the Genomics Market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

Genomics Market Segments Analysis:

The genomics market is segmented into Product & Service, Technology, Study Type, Application, End Use, and Region.

Based on Product and Service, the market is segmented into Consumables and Reagents, Services, Instruments, Systems, and Software.
Based on Technology, the market is segmented into Sequencing, PCR, Flow Cytometry, Microarrays, Other Technologies.
Based on Study Type, the market is segmented into Functional Genomics, Biomarker Discovery, Pathway Analysis, Epigenomics, and Other Study Types.
Based on Application, the market is segmented into Drug Discovery and Development, Diagnostics, Agriculture and Animal Research, and Other Applications.
Based on End User, the market is segmented into Government and Academic Institutes, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, and Other End Users.
Based on Region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.

Top Players in Genomics Market:

Illumina, Inc. (US)
Thermo Fisher Scientific (US)
Qiagen N.V. (Netherlands)
BGI Group (China)
F. Hoffmann-La Roche AG (Switzerland)
Danaher Corporation (US)
Pacific Biosciences of California, Inc. (US)
Oxford Nanopore Technologies, Ltd. (United Kingdom)
Agilent Technologies, Inc. (US)
Eurofins Scientific SE (Luxembourg)
Bio-Rad Laboratories, Inc. (US)
Myriad Genetics, Inc. (US)
Fluidigm Corporation (US)
PerkinElmer, Inc. (US)
Twist Bioscience Corporation (US)
Natera, Inc. (US)
Veracyte, Inc. (US)
Personalis, Inc. (US)
10x Genomics, Inc. (US)
Quest Diagnostics (US)

Essential regions of the Genomics market are:

• Genomics North America Market includes (Canada, Mexico, USA)
• Genomics Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• Genomics Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• Genomics South America Market includes (Brazil, Argentina)

Genomics Key Market Trends:

Switch to a customised Illumina global screening array (GSA) microarray instead of the Illumina OmniExpress chip. The OmniExpress chip from Illumina will be phased out in favour of the GSA chip. As a result, organisations like Ancestry.com will be obliged to convert to the GSA, acquire Thermo Fisher Scientific goods, or implement next-generation sequencing technology if they continue to utilize this equipment.

Third-Generation Sequencing (TGS) marks the third revolution in sequencing technology. To stay up with the shifting trends, several firms began developing TGS technology. These new tools allow us to examine genomes in higher detail than ever before. Next-generation sequencing (NGS) has raised the bar in genomic research by allowing for high-throughput sequencing that is quicker, more efficient, and less expensive than Sanger sequencing.

What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Genomics industry.

Objectives of the Study:

• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
• To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
• To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

Looking ahead, the Genomics Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Genomics Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.

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Table of Contents

Global Genomics Market Research Report
Chapter 1 Genomics Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Genomics Market Forecast
...

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