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Leading Growth Driver in the Optical Genome Mapping Market in 2025: Precision Medicine Driving Growth In The Optical Genome Mapping Market Driver's Influence
Optical Genome Mapping
The increasing demand for precision medicine is expected to accelerate the growth of the optical genome mapping market. Precision medicine, which tailors treatments based on individual genetic profiles, is gaining traction due to its potential to improve patient care. Optical genome mapping provides detailed insights into genetic variations that are key to precision medicine. In February 2024, the Personalized Medicine Coalition reported that the FDA approved 16 new personalized therapies in 2023, up from six in 2022. This growing demand for precision medicine is driving the growth of optical genome mapping.
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How will the growth rate of the optical genome mapping market shape industry trends by 2034?
The optical genome mapping market has experienced exponential growth, increasing from $0.17 billion in 2024 to $0.23 billion in 2025 at a CAGR of 29.7%. Growth factors include increasing demand for advanced genomic analysis tools, large-scale genome research, industry collaborations, adoption in research and pharma, and cost-effective, high-accuracy genome analysis.
The Optical Genome Mapping Market is expected to grow exponentially to $0.63 billion by 2029, at a CAGR of 29.4%. Growth is driven by advancements in genomic research, precision medicine, and AI/ML-powered data analysis. Trends include advanced DNA mapping technologies, increased government funding, and expanding genomic research initiatives.
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What trends are poised to drive the future success of the optical genome mapping market?
Companies in the optical genome mapping market are developing laboratory-developed tests (LDTs) based on optical genome mapping technology to offer more accurate genomic insights. In September 2022, Bionano Genomics introduced an optical genome mapping-based LDT for diagnosing facioscapulohumeral muscular dystrophy (FSHD). This diagnostic tool aims to enhance genomic research and clinical applications for hospitals and pharmaceutical companies.
Which primary segments of the optical genome mapping market are driving growth and industry transformations?
The optical genome mapping market covered in this report is segmented -
1) By Product: Instruments, Consumables And Reagents, Software, Services
2) By Application: Structural Variant Detection, Genome Assembly, Microbial Strain Typing, Other Applications
3) By End-User: Biotechnology And Pharmaceutical Companies, Clinical Laboratories, Academic Research Institutes, Other End-Users
Subsegments:
1) By Instruments: Optical Genome Mapping Systems, Imaging Systems, Detection And Analysis Devices
2) By Consumables And Reagents: DNA Preparation Kits, Labeling Reagents, Flow Cells
3) By Software: Data Analysis Software, Image Processing Software, Mapping Software
4) By Services: Data Analysis Services, Technical Support Services, Training And Consultation Services
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Which region dominates the optical genome mapping market?
North America was the largest region in the optical genome mapping market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the optical genome mapping market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the optical genome mapping market landscape?
Major companies operating in the optical genome mapping market are Agilent Technologies Inc., Illumina Inc., PerkinElmer Genomics, Bio-Rad Laboratories Inc., Qiagen N.V., Cerba Healthcare, GenScript Biotech Corporation, 10x Genomics Inc., Oxford Nanopore Technologies plc, Pacific Biosciences of California Inc., NanoString Technologies Inc., MedGenome, Element Biosciences, Bionano Genomics Inc., Stratos Genomics, BioSkryb Genomics, Source Genomics, Genoox, Nucleome Informatics Private Limited, Praxis Genomics LLC, Phase Genomics Inc., Daicel Arbor Biosciences, Nabsys, OpGen, Genohub Inc.
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What Is Covered In The Optical Genome Mapping Global Market Report?
•Market Size Forecast: Examine the optical genome mapping market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the optical genome mapping market for a structured understanding.
•Key Players Overview: Analyze major players in the optical genome mapping market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the optical genome mapping market.
•Segment Contributions: Evaluate how different segments drive overall growth in the optical genome mapping market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the optical genome mapping market.
•Industry Challenges: Identify potential risks and obstacles affecting the optical genome mapping market.
•Competitive Landscape: Review strategic developments in the optical genome mapping market, including expansions, agreements, and new product launches.
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