Press release
Blockchain In Genomics Market: Major Trends Reshaping the Future of the Industry
Blockchain In Genomics Market
What Will the Blockchain In Genomics Industry Market Size Be by 2025?
In recent times, the market size for blockchain in genomics has seen tremendous growth. It's projected to expand from $0.84 billion in 2024 to $1.01 billion in 2025, recording a compound annual growth rate (CAGR) of 20.8%. The substantial growth in the historic period can be credited to advancements in genomics, increased acceptance of digital tools, the patient-led drive towards digitization in healthcare, growing fascination with blockchain technologies and their potential, and a heightened awareness of how blockchain could potentially benefit genomics.
What's the Long-Term Growth Forecast for the Blockchain In Genomics Market Size Through 2029?
In the coming years, the market size for blockchain in genomics is projected to witness vigorous growth, reaching $2.01 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 18.7%. This growth during the forecast period could be linked to the escalating demand for efficient and secure systems to store and retrieve genomic data, the rising trend of adopting blockchain-based solutions for sharing genomic data, increased investment in genomics research and development, and the enhanced government funding in healthcare research and development. The forecast period will also see major trends such as progress in blockchain-based technologies for genomic data storage and retrieval, advancements in technology, innovative developments, increased investments, and the use of blockchain in bioinformatics.
View the full report here:
https://www.thebusinessresearchcompany.com/report/blockchain-in-genomics-global-market-report
What Are the Key Growth Drivers Fueling the Blockchain In Genomics Market Expansion?
The anticipated surge in the use of digital tools is predicted to fuel the expansion of the blockchain in genomics market. This enhancement involves the integration of innovative digital systems and tools to enhance work procedures and meet goals. The global COVID-19 pandemic significantly increased digital adoption as people and companies were compelled to utilise digital tools for various purposes such as communication, education, shopping, and entertainment due to lockdowns and social distancing protocols. Digital tools, including software, hardware, and online platforms, are used in blockchain in genomics to bolster genomic data's encryption and security, ensuring privacy and protection. A report from Eurostat, a Luxembourg-based government agency, revealed in May 2024 that 8.5% of people in the EU between the ages of 16 and 74 used the internet for online consultations in 2023. Hence, the surging demand for digital health solutions propels the blockchain in genomics market's growth. Blockchain In Genomics Market Driver: Impact Of Personalized Medicine On The Growth Of Blockchain In Genomics Market
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13814&type=smp
How Is the Blockchain In Genomics Market Segmented?
The blockchain in genomics market covered in this report is segmented -
1) By Service: Utility Tokens, Blockchain Platforms
2) By Business Model: Business-To-Business (B2B) Business Model, Business To Consumer (B2C) Business Model, Consumer-to-Business (C2B) Business Model
3) By Application: Automated Health Insurance, Pharmaceutical And Biotechnology Companies, Hospitals And Healthcare Providers, Research Institutes, Data Owners, Other End Users
Subsegments:
1) By Utility Tokens: Access Tokens, Functional Tokens
2) By Blockchain Platforms: Public Blockchain Platforms, Private Blockchain Platforms, Consortium Blockchain Platforms
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=13814&type=smp
Which Companies Are Leading the Charge in Blockchain In Genomics Market Innovation?
Major companies operating in the blockchain in genomics market report are International Business Machines Corporation, Sharecare Inc., WuXi Nextcode Genomics Inc., Health Utility Network Inc., Chronicled Inc., Medicalchain Ltd., Akiri Inc., Futura Genetics LLC, Nebula Genomics Inc., Medicalchain SA, Digital DNAtix Ltd., EncrypGen Inc., Longenesis, Guardtime AS, ProCredEx LLC, Embleema Inc., Patientory Inc., Shivom Ventures Limited, BurstIQ LLC, Genobank.io Inc., LunaDNA LLC, SimplyVital Health Inc., Zenome.io Ltd., Coral Health Research & Discovery Inc., FarmaTrust Holdings Limited
Which Regions Are Leading the Global Blockchain In Genomics Market in Revenue?
North America was the largest region in the blockchain in genomics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blockchain in genomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13814
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with 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.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers 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 Blockchain In Genomics Market: Major Trends Reshaping the Future of the Industry here
News-ID: 4117667 • Views: …
More Releases from The Business Research Company
Future Perspective: Key Trends Shaping the Signal Conditioning Modules Market Up …
The signal conditioning modules market is on track for significant expansion over the coming years, driven by advancements in various industrial and technological sectors. This growth reflects the increasing need for precise signal management and integration with emerging smart technologies that are shaping modern automation and data acquisition systems.
Projected Growth Trajectory of the Signal Conditioning Modules Market
The signal conditioning modules market is anticipated to reach a valuation of $1.77…
Emerging Sub-Segments Transforming the Set-Top Box Market Dynamics
The set-top box market is on the cusp of significant expansion as technology and consumer preferences continue to evolve rapidly. With the increasing demand for advanced streaming and broadcasting solutions, this sector is poised for substantial growth over the coming years. Let's explore the market's projected size, leading companies, key trends, and the segments driving this development.
Projected Market Growth of the Set-Top Box Industry by 2030
The set-top box market…
Market Trend Analysis: The Impact of Recent Innovations on the Semiconductor Waf …
The semiconductor wafer sector is gearing up for significant expansion as technological advancements and diverse industry demands drive its growth. With applications spanning from electric vehicles to telecommunications, this market is positioned for steady development in the years ahead. Let's explore the anticipated market size, key players, emerging trends, and segmentation details shaping the future of this vital industry.
Projected Market Size and Growth Trajectory of the Semiconductor Wafer Market
Forecasts…
Leading Companies Reinforce Their Presence in the Semiconductor Manufacturing Eq …
The semiconductor manufacturing equipment market is poised for significant expansion as the demand for high-performance chips and advanced packaging technologies continues to grow. This evolving sector is driven by technological progress and increased investments, setting the stage for substantial developments through 2030.
Projected Semiconductor Manufacturing Equipment Market Size and Growth
The semiconductor manufacturing equipment market is forecasted to reach a value of $196.07 billion by 2030, growing at a compound annual…
More Releases for Blockchain
Pharmaceutical Blockchain Market to Witness Impressive Growth by 2030: IBM Block …
According to HTF Market Intelligence, the Pharmaceutical Blockchain market to witness a CAGR of 55% during the forecast period (2024-2030).The Latest published a market study on Global Pharmaceutical Blockchain Market provides an overview of the current market dynamics in the Global Pharmaceutical Blockchain space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2030. The study breaks the market by revenue and…
Noticias Blockchain Among the First to Launch of Blockchain for Good Alliance (B …
Noticias Blockchain is a premier Spanish blockchain news portal helmed by tech-savvy highly experienced journalists specializing in cryptocurrencies and blockchain technologies. The company recently published a comprehensive coverage of BGA's launch.
Image: https://www.getnews.info/uploads/70692aa238526d085c2aae051094caca.png
The world of cryptocurrencies and blockchain technologies expands at a rapid pace, witnessing breakthroughs big and small on a seemingly daily basis. To ensure that traders, crypto-curious individuals, investors, and blockchain experts across the globe have instant access…
FinTech Blockchain Market Is Booming Worldwide | Ripple, Guardtime, Cambridge Bl …
FinTech Blockchain Market: The extensive research on FinTech Blockchain Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on FinTech Blockchain Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the market, such as market rate, estimated…
Blockchain Security Market Set for Explosive Growth | DMG Blockchain Solutions, …
Global Blockchain Security Market Growth (Status and Outlook) 2021-2026 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Blockchain Security Market. Some of the key players profiled in the study are Oracle, IBM, Kaspersky, Gemalto,…
Impact of Outbreak of Coronavirus (Covid-19) on Blockchain in IOT Market by 2027 …
The Blockchain in IOT market is expected to garner $6000 million and rise at a CAGR of 70% during the forecast period from 2019 to 2027.
A new market report titled “Blockchain in IOT Market” has been added to the repository of Research N Reports. This report provides comprehensive assessment of the current trends, restrains and futuristic opportunities, which are anticipated to provide lucrative avenues for market proliferation. An in-depth description…
Oodles Blockchain Uses Top Blockchain Platforms To Expedite Blockchain Adoption
With an aim to leverage the blockchain technology to change the centralized system and make it decentralized, Oodles Blockchain has decided to use top blockchain platforms to develop consumer-based blockchain applications.
Oodles Blockchain, a micro-website of Oodles Technologies, developed mainly to focus on blockchain technology, is delighted to announce that it will be expanding its horizon of blockchain development services by using a few latest open source blockchain platforms like…
