Genomics Market Trends in Precision Medicine and Drug Discovery | Growth in Genetic Testing, Cancer Therapies, and Personalized Healthcare to 2031

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.

The Genomics Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.

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Market Overview :

The genomics market is witnessing rapid expansion due to its growing integration into pharmaceutical development and personalized healthcare. Technological advancements in sequencing are accelerating drug discovery and patient-specific treatment strategies.

Evolving Market Forces and Opportunities:

The increasing demand for precision medicine and genomic testing in disease management is driving innovation across diagnostics and therapeutics. Growing public and private investments in genomic research are opening new avenues for cancer treatment, wellness screening, and rare disease targeting.

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.

Research Methodology:

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 And Technology - Functional Genomics, Pathway Analysis, Biomarker Discovery, Epigenetics, Others

By-Products and services - Products, Services, Core Genomics Services, Biomarker Translation Services, Computational Services

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

Regional Analysis for Genomics Market:

⇥ 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)

Most Frequently Asked Questions in the Genomics Market Research Industry:

➠ What are the global figures for sales, production, consumption, imports, and exports in the Genomics market?

➠ Who are the top manufacturers in the global Genomics industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?

➠ What key opportunities are available for vendors in the Genomics market, and what challenges are they likely to encounter?

➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?

➠ What are the major drivers and barriers influencing the growth trajectory of the Genomics market?

➠ What are the primary sales, marketing, and distribution strategies used across the global Genomics industry landscape?

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