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Genomics Market Insights on Trends, Technology, and Growth Opportunities | Top key players - BGI Genomics, Color Genomics, Inc., Danaher Corporation.

06-20-2025 07:02 AM CET | Health & Medicine

Press release from: DataM Intelligence 4Market Research

Genomics Market

Genomics Market

The Global 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, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.

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The Genomics Market involves the study, analysis, and manipulation of genomes using technologies like sequencing, gene editing, and bioinformatics. It supports advancements in precision medicine, diagnostics, agriculture, and biotechnology. Growing investments, decreasing sequencing costs, and rising demand for personalized healthcare drive market growth, while ethical concerns and data privacy challenges remain key considerations in this rapidly evolving sector.

Prominent Industry players in the Genomics Market

The prominent players in Genomics market research report are: 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.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

Industry News

On July 12, 2023, Illumina, Inc. announced the release of DRAGEN 4.2, the latest version of its powerful software for next-generation sequencing (NGS) data analysis. DRAGEN 4.2 enhances accuracy, flexibility, and scalability, enabling researchers and clinicians to streamline genomic workflows and extract deeper, more meaningful insights from complex genetic data.

On April 25, 2023, Apollo Hospitals expanded its genomics footprint with the launch of a new Apollo Genomics Institute in Chennai. This marks the healthcare group's third genomics facility in India, adding to its existing centers in Mumbai and Delhi, and reinforcing its commitment to advancing precision medicine through cutting-edge genetic research and diagnostics.

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Market Segments

By Application & Technology: Functional Genomics, Pathway Analysis, Biomarker Discovery, Epigenomics, Others.

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

By End User: Clinical Research, Academic & Government Institutes, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Others.

The Genomics industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.

Regions Covered:

The global Genomics Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

FAQs:

✒ What is driving the growth of the Genomics Market?
✒ Who are the prominent players in the Genomics Market?
✒ How is the regulatory landscape affecting the Genomics Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Genomics Market?

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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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