Press release
Multiomics Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Multiomics
The rising demand for personalized medicine is expected to fuel the growth of the multiomics market. Personalized medicine customizes healthcare decisions based on genetic, environmental, and lifestyle factors. Its growing popularity is due to technological advances, the rise in targeted therapies, and improvements in global healthcare. Multiomics aids personalized medicine by providing a detailed understanding of an individual's genetic and metabolic profiles, allowing for more precise treatment. For example, in February 2024, the FDA approved 16 new personalized therapies, including those for rare diseases. As demand for personalized medicine rises, the multiomics market will grow.
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How will the growth rate of the multiomics market shape industry trends by 2034?
The multiomics market has experienced rapid growth, rising from $3.27 billion in 2024 to $3.85 billion in 2025 at a CAGR of 17.9%. Growth factors include increased biomedical research, rising government and private funding, a higher prevalence of chronic diseases, technological advancements, and improved computational tools for data analysis.
The multiomics market is projected to grow significantly, reaching $7.38 billion by 2029, with a CAGR of 17.6%. Growth will be driven by AI and ML advancements, increasing clinical applications, biopharmaceutical industry expansion, the rise of integrated multiomics platforms, and applications in agriculture and environmental research. Emerging trends include new commercial multiomics platforms, spatially resolved multiomics analysis, adoption in biopharmaceutical R&D, and expansion into clinical diagnostics.
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What trends are poised to drive the future success of the multiomics market?
Companies in the multiomics market are advancing single-cell multiomics platforms, which allow large-scale biological studies without compromising sample integrity. For instance, in February 2023, Becton, Dickinson, and Company, a US-based medical device company, launched the BD Rhapsody HT Xpress platform. This system helps scientists analyze up to eight times more cells than previous systems, offering flexible sample analysis, such as stem cells or cancer cells, enhancing research insights with no sample loss.
Which primary segments of the multiomics market are driving growth and industry transformations?
The multiomics market covered in this report is segmented -
1) By Type: Single-Cell Multiomics, Bulk Multiomics
2) By Platform: Genomics, Transcriptomics, Proteomics, Metabolomics, Integrated Omics Platforms
3) By Application: Diagnostics, Drug Discovery And Development, Personalized Medicine, AgriGenomics, Other Applications
4) By End User: Academics And Research Organization, Pharmaceutical And Biotechnology Companies, Clinical research Organization, Other End-Users
Subsegments:
1) By Single-Cell Multiomics: Single-Cell Genomics, Single-Cell Transcriptomics, Single-Cell Epigenomics, Single-Cell Proteomics, Single-Cell Metabolomics
2) By Bulk Multiomics: Genomics, Transcriptomics, Epigenomics, Proteomics, Metabolomics
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Which geographical regions are pioneering growth in the multiomics market?
North America was the largest region in the multiomics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the multiomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the influential players reshaping the multiomics market landscape?
Major companies operating in the multiomics market are Bayer AG, Thermo Fisher Scientific Inc., Novartis AG, Becton Dickinson and Company, Eurofins Scientific SE, Agilent Technologies Inc., Illumina Inc., Shimadzu Corporation, Bruker Corporation, Bio-Techne, Azenta Life Sciences, 10x Genomics, Ginkgo Bioworks, Abcam limited, BioLegend, Oxford Nanopore Technologies Plc, Adaptive Biotechnologies, Pacific Biosciences, Standard BioTools, Parse Biosciences, Mission Bio, CD Genomics, Singleron Biotechnologies, Psomagen, BGI Group
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What Is Covered In The Multiomics Global Market Report?
•Market Size Forecast: Examine the multiomics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the multiomics market for a structured understanding.
•Key Players Overview: Analyze major players in the multiomics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the multiomics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the multiomics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the multiomics market.
•Industry Challenges: Identify potential risks and obstacles affecting the multiomics market.
•Competitive Landscape: Review strategic developments in the multiomics market, including expansions, agreements, and new product launches.
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