Press release
North America Genomics Market to Reach US$ 20.35 Billion by 2027 | Fueled by Declining Sequencing Costs and Personalized Medicine
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Executive Summary: North America Genomics Market
The North America genomics market is witnessing significant growth driven by increasing government support, rising number of genomic studies, reduced sequencing costs, and expanding applications in diagnostics, personalized medicine, and drug development. Genomics plays a vital role in understanding genetic functions, disease mechanisms, and gene-environment interactions.
With the rise of precision healthcare and technological advancements in sequencing, this market is becoming a cornerstone for the future of healthcare and research innovation.
Get Full Report: https://www.businessmarketinsights.com/reports/north-america-genomics-market
Strategic Insights
The report provides actionable insights for industry stakeholders, helping them identify untapped market segments and differentiate with unique value propositions. Strategic frameworks assist stakeholders in anticipating future shifts, aligning resource allocation, and enhancing long-term positioning within the North America genomics sector.
Segments Covered: North America Genomics Market
By Technology
Sequencing
Microarray
Polymerase Chain Reaction (PCR)
Nucleic Acid Extraction and Purification
Others
By Product and Services
Instruments/Systems
Consumables
Services
By Application
Diagnostics
Drug Discovery and Development
Precision/Personalized Medicine
Agriculture & Animal Research
Others
By End User
Research Centers
Hospitals and Clinics
Pharmaceutical & Biotechnology Companies
Others
By Country
US
Canada
Mexico
Market Leaders and Key Company Profiles
Illumina, Inc.
Danaher
F. Hoffmann-La Roche Ltd.
Bio-Rad Laboratories Inc.
General Electric Company
Thermo Fisher Scientific Inc.
Agilent Technologies, Inc.
Eurofins Scientific
QIAGEN
BGI
Market Drivers and Opportunities
Increased Government Support and Genomic Studies
Expanding research funding and national genomics initiatives are driving innovation and accessibility in genomics across North America.
Declining Sequencing Costs
Affordability of advanced sequencing technologies is enabling broader adoption in clinical and research settings.
Expanding Applications Across Industries
Genomics is being increasingly used in agriculture, drug development, precision medicine, and diagnostics, driving overall market growth.
Regional Insights: US Market Leads Growth
The United States dominates the North America genomics market, backed by robust healthcare infrastructure, ongoing genomic initiatives, and a high concentration of key market players. Canada and Mexico are also emerging with increased investments in genomics research.
Report Scope and Deliverables
Report Code: TIPRE00004301
No. of Pages: 234
Historic Data: 2017-2018
Base Year: 2019
Forecast Period: 2020-2027
This report includes:
Market size and forecast across segments and countries
SWOT and Porter's Five Forces analysis
Key drivers, restraints, and growth opportunities
Competitive landscape and company profiles
Strategic recommendations for stakeholders
Contact Us:
Contact Person: Ankit Mathur
Phone: +16467917070
Email: sales@businessmarketinsights.com
About Us:
Business Market Insights is a market research platform offering subscription-based access to comprehensive industry and company reports. Our areas of expertise include Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media & Telecommunications.
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