Press release
Gene Therapy Demand Drives Growth In Genomics Services Market Driver: A Major Catalyst in the Evolution of the Genomics Services Market in 2025
Gene Therapy Demand Drives Growth In Genomics Services Market Driver
The increasing demand for gene therapy is expected to accelerate the growth of the genomics services market. Gene therapy targets genetic causes of diseases, providing treatments for genetic disorders and chronic conditions. Genomic services play a key role in gene therapy by helping identify the right tissues and understanding risks. In January 2023, the American Society of Gene & Cell Therapy reported that the gene therapy pipeline expanded by 6%, with five new gene therapies approved in 2022. This growing demand for gene therapy is driving the genomics services market.
Get Your Genomics Services Market Report Here:
https://www.thebusinessresearchcompany.com/report/genomics-services-global-market-report
What Is the projected market size and growth rate for the genomics services market?
The genomics services market has experienced rapid growth. It will increase from $15.51 billion in 2024 to $18.34 billion in 2025, reflecting a CAGR of 18.3%. This growth is attributed to the advent of next-generation sequencing technologies, a greater focus on genomics in cancer research, advances in pharmacogenomics, increasing applications of genomics in agriculture, and the rise of direct-to-consumer genetic testing services.
The genomics services market is projected to reach $35.41 billion by 2029, growing at a CAGR of 17.9%. Growth is attributed to precision medicine adoption, research on complex diseases, microbiome research, companion diagnostics, and genomics integration in healthcare. Key trends include single-cell genomics, personalized services, multi-omics analysis, AI in genomics interpretation, and cloud-based platforms.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15576&type=smp
What new trends are reshaping the genomics services market and its opportunities?
Companies in the genomics services market are expanding their offerings by incorporating advanced services such as long-read sequencing to meet rising demand for comprehensive genomic analysis and personalized medicine. Long-read sequencing technologies allow for more detailed DNA and RNA characterization by reading longer sequences. For instance, in April 2024, Clinical-Microbiomics A/S, a Denmark-based biotech firm, introduced advanced long-read sequencing services covering 16S, ITS, 18S rRNA, isolate, and metagenomics sequencing, designed for academic, clinical, and industrial research, offering high-resolution insights into microbial communities.
What major market segments define the scope and growth of the genomics services market?
The genomics services market covered in this report is segmented -
1) By Product: Instruments Or Systems Or Software, Consumables And Reagents
2) By Services Type: Gene Expression Services (RNASeq), Epigenomics Services, Genotyping, Next-Generation Sequencing, Sanger's Sequencing, Other Service Types
3) By End-User: Research Institutes, Healthcare Facilities And Diagnostic Centers, Pharmaceutical And Biotechnological Companies, Contract Research Organizations (CROs), Others End Users
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15576
Which geographical regions are pioneering growth in the genomics services market?
North America was the largest region in the genomics services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the genomics services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the genomics services industry growth?
Major companies operating in the genomics services market are Thermo Fisher Scientific Inc., Danaher Corporation, Laboratory Corporation of America Holdings, Quest Diagnostics Incorporated, Eurofins Scientific SE, Agilent Technologies Inc., Illumina Inc., PerkinElmer Inc., QIAGEN Inc., LGC Limited, Myriad Genetics Inc., Q2 Solutions Inc., BGI Genomics Inc., 10x Genomics Inc., Invitae Corporation, Fulgent Genetics Inc., 23andMe Inc., Oxford Nanopore Technologies plc, Color Genomics Inc., GENEWIZ Inc., Foundation Medicine Inc., Pacific Biosciences Inc., Avance Biosciences Inc., Macrogen Inc
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=15576&type=smp
What Is Covered In The Genomics Services Global Market Report?
•Market Size Forecast: Examine the genomics services market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the genomics services market for a structured understanding.
•Key Players Overview: Analyze major players in the genomics services market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the genomics services market.
•Segment Contributions: Evaluate how different segments drive overall growth in the genomics services market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the genomics services market.
•Industry Challenges: Identify potential risks and obstacles affecting the genomics services market.
•Competitive Landscape: Review strategic developments in the genomics services market, including expansions, agreements, and new product launches.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Gene Therapy Demand Drives Growth In Genomics Services Market Driver: A Major Catalyst in the Evolution of the Genomics Services Market in 2025 here
News-ID: 3929690 • Views: …
More Releases from The Business research company
Leading Companies Fueling Innovation and Growth in the Partyline Intercom System …
The partyline intercom systems market is gearing up for significant expansion as communication needs evolve across various industries. With increasing demand for more versatile and efficient communication tools, this sector is set to witness rapid advancements and growing adoption over the coming years. Let's explore the market size projections, key drivers, major players, emerging trends, and important segments shaping this dynamic industry.
Projected Market Size and Growth Trajectory of the Partyline…
Open Source Vulnerability Scanner Market Analysis: Major Segments, Strategic Dev …
The open source vulnerability scanner market is positioned for significant growth as cybersecurity concerns intensify across industries. With the increasing complexity of IT environments and the widespread adoption of cloud-native technologies, demand for effective and automated vulnerability management tools is surging. This overview explores the predicted market expansion, key industry players, emerging trends, and segmentation that define this evolving landscape.
Open Source Vulnerability Scanner Market Size and Projected Growth Through 2030…
Segment Breakdown and Major Growth Areas in the Off Highway Vehicle Lighting Mar …
The off highway vehicle lighting market is poised for significant expansion in the coming years, driven by technological advancements and evolving industry demands. This sector is witnessing a surge in innovation and adoption, which is expected to shape its trajectory through 2030. Let's explore the market size, key players, emerging trends, and detailed segmentation to better understand this growing industry.
Off Highway Vehicle Lighting Market Size Forecast and Growth Drivers …
Key Strategic Developments and Emerging Changes Shaping the Network Slicing Anal …
The network slicing analytics market is on the verge of remarkable expansion as industries increasingly rely on advanced network technologies. With the rapid evolution of 5G and edge computing, there is a growing need for sophisticated analytics to manage complex network slices efficiently. This overview will explore the market's projected growth, key players, emerging trends, and segment breakdowns shaping the future of network slicing analytics.
Projected Growth and Market Size of…
More Releases for Gene
DNA and Gene Cloning Services Market Expands with Growing Focus on Complex Gene …
InsightAce Analytic Pvt. Ltd. has announced the publication of a market research report titled "Global DNA and Gene Cloning Services Market by Type of Service Offered (Custom Cloning, Sub-cloning, Gene Synthesis, and Others), Type of Gene (Complex Gene, Standard Gene, and Others), End-User Industry (Pharmaceutical, Academic and R&D, and Biotechnology Companies, and Others)- Market Outlook and Industry Analysis 2034"
The DNA and Gene Cloning Services Market Size is valued…
Evolving Market Trends In The CRISPR Gene Editing Industry: Innovative Gene Ther …
The CRISPR Gene Editing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected CRISPR Gene Editing Market Size During the Forecast Period?
The CRISPR gene editing market has grown exponentially in recent years. It will grow from $2.26 billion in 2024 to $2.88…
Cell and Gene Therapy Market Global Analysis By Type (Cell Therapy, Gene Therapy …
Gene and cell therapy uses genes and cells for the treatment of genetic diseases. Genetic diseases are caused by mutations, or errors in genes which can be passed down from one generation to another. Gene therapy aims to treat diseases by using genetic material, or DNA, to manipulate a patient's cells by replacing, changing or introducing genome into cells- either internally or externally. Cell therapy aims to treat diseases by…
Competitive and Opportunities Analysis of Gene Therapy Market of Gene Therapy Ma …
Global Gene Therapy Market accounted for US$ 2.05 billion in 2020 and is estimated to be US$ 12.29 billion by 2030 and is anticipated to register a CAGR of 19.8%. Gene therapy means fixing a working gene to an individual who features a damaged gene. The European Commission has approved this method for one particular treatment. The treatment by the merchandise Glybera uses an epidemic to infect muscle cells with…
Genetic Testing Market Size by Growth Opportunities, Top Key Players: GeneDx, In …
Genetic Testing Market Report provides an in-depth analysis of the overall market, The ripple effect of Coronavirus-Covid19 on the market needs to become part of strategy discussions to emerge strong. The report focuses on major key players, production details, their application, countries and also analyzes the global and key regions market potential and advantage, opportunity, and challenge, restraints, and risks.
The Top players Covered in report are GeneDx, Invitae, Pathway Genomics,…
Gene Synthesis Market by Top Manufacturers - Gene script, Gene Art (Thermofische …
The "Gene Synthesis Market" report Added by "Big Market Research", enumerates information about the industry in terms of market share, market size, revenue forecasts, and regional outlook. The report further illustrates competitive insights of key players in the business vertical followed by an overview of their diverse portfolios and growth strategies.
In the Gene Synthesis Market 2018 research report professionals describe the different facets of the industry with a specific goal…
