Genomics Market Headed to USD 118.67 Billion by 2030, Fueled by Sequencing, AI in Bioinformatics, and Asia‐Pacific Surge

Mordor Intelligence has published a new report on the Genomics Market, offering a comprehensive analysis of trends, growth drivers, and future projections.

The Genomics Market is poised to nearly double, expanding from an expected USD 59.28 billion in 2025 to approximately USD 118.67 billion by 2030, reflecting a robust compound annual growth rate of 14.89%. This remarkable growth stems from widespread adoption of technology in healthcare, agriculture, and research. Researchers, clinicians, and pharmaceutical firms increasingly rely on genomic data for precision medicine, drug discovery, and diagnostics. The downtrend in sequencing costs, rising government support, and scaled integration of bioinformatics tools are central elements shaping the market trajectory.

Report Overview: https://www.mordorintelligence.com/industry-reports/genomics-market?utm_source=openpr

Key Trends

Falling Genomic Sequencing Costs and Widespread Adoption
The dramatic reduction in sequencing expenses has transformed genomics from a niche research tool into a mainstream clinical and diagnostic resource. Today's affordability enables routine whole-genome and targeted-panel testing across healthcare systems and labs.

Boom in Data-Driven Bioinformatics Platforms
As data output from sequencing grows, so does reliance on genomics data interpretation. Bioinformatics platforms, AI-enhanced analytic tools, and cloud-based service providers are expanding rapidly to meet demand for user-friendly, actionable insights.

Rapid Growth of Clinical and Research Sequencing
Molecular and clinical genomics labs increasingly deploy next-generation sequencing (NGS) in oncology, rare disease, infectious disease tracking, and prenatal diagnostics. NGS volumes continue to scale as public health and precision medicine initiatives proliferate.

Expansion of Genetic Testing Markets Globally
Direct-to-consumer and clinical genetic testing segments, spanning ancestry screens to pharmacogenomics and newborn screening, are expanding quickly. These services are increasingly positioned as standard offerings in healthcare packages.

Asia-Pacific Leading Regional Momentum
Though North America holds the largest market share today, Asia‐Pacific is advancing at the fastest rate over the forecast period. This reflects growing public and private sector genomics investment in countries such as China, India, Japan, and Singapore.

Market Segmentation

By Product & Services

Consumables

Reagents

Kits

Microplates

Instruments & Systems

NGS Platforms

PCR Machines

Microarray Scanners

Software & Informatics

Analysis Suites

LIMS

AI Decision Support

Services

Sequencing-As-A-Service

Data Analysis

Consulting

By Technology

Polymerase Chain Reaction (PCR)

Sequencing

Long-Read/Single-Molecule Sequencing

Microarray

Nucleic Acid Extraction & Purification

Other Techniques

By Application

Diagnostics

Drug Discovery & Development

Precision/Personalized Medicine

Agriculture & Animal Genomics

Forensics & Ancestry

Other Applications

By End User

Hospitals & Clinics

Diagnostic & Reference Laboratories

Research Institutes & Centers

Pharmaceutical & Biotechnology Companies

Other End Users

By Geography

North America

Europe

Asia‐Pacific

South America

Middle East & Africa

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Key Players

According to Mordor Intelligence, the genomics market includes prominent organizations such as:

Thermo Fisher Scientific

Agilent Technologies

F. Hoffmann-La Roche Ltd

PerkinElmer Inc.

QIAGEN N.V.

These companies lead in sequencing technology, sample preparation kits, bioinformatics solutions, and integrated services. Collaborations with national genomics initiatives, disease-focused research programs, and pharmaceutical companies help reinforce their leadership. They continue expanding into Asian and Latin American markets through partnerships, local manufacturing, or cloud-based bioinformatics platforms.

Conclusion

The genomics market is on track to nearly double in five years, rising from USD 59.28 billion in 2025 to around USD 118.67 billion by 2030, at a 14.89% CAGR. This growth is being driven by reduced sequencing costs, expanded clinical use across disease areas, rising demand for bioinformatics tools, and strong expansion in the Asia‐Pacific region.

Clinical genomics is becoming standard in oncology, rare disease testing, and prenatal care, with research and agri-genomics applications supporting additional market segments. Bioinformatics platforms and AI-based analytics are necessary enablers as sequencing volume escalates. While North America remains dominant, Asia‐Pacific's swift infrastructure build-out and policy focus signal a shift in market dynamics.

Industry Related Reports

Microbial Genomics Market: The Microbial Genomics Market report segments the industry into By Technology (Sequencing, Polymerase Chain Reaction (PCR), Microarray Technology, and more), By Products and Service (Consumables, Systems and Software, and more), By Application (Diagnostics, Drug Discovery, and more), By End-User (Hospitals and Diagnostic Laboratories, and more) and Geography.
Get More Insights: https://www.mordorintelligence.com/industry-reports/microbial-genomics-market?utm_source=openpr

Genomic Biomarkers Market: The Genomic Biomarkers Market is Segmented by Indication (Cancer, Cardiovascular Disorders, and More), End User (Hospitals, Diagnostic Labs, and More), Technology Platform (Next-Generation Sequencing, PCR, and More), Biomarker Type (Predictive Biomarker and Prognostic Biomarker), and Geography (North America, Europe, Asia-Pacific, and More).
Get More Insights: https://www.mordorintelligence.com/industry-reports/genomic-biomarkers-market?utm_source=openpr

Bioinformatics Market: The Bioinformatics Market is Segmented by Products & Services (Knowledge Management Tools, Bioinformatics Platforms, and More), by Application (Genomics & Transcriptomics, Proteomics & Metabolomics, and More), by End-User (Pharmaceutical & Biotechnology Companies, Academics, and More), and Geography (North America, Europe, Asia-Pacific, and More).
Get More Insights: https://www.mordorintelligence.com/industry-reports/global-bioinformatics-market-industry?utm_source=openpr

About Mordor Intelligence:

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.

For any inquiries or to access the full report, please contact:

media@mordorintelligence.com
https://www.mordorintelligence.com/

Mordor Intelligence, 11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli, Hyderabad, Telangana - 500032, India

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.

For any inquiries or to access the full report, please contact:

media@mordorintelligence.com
https://www.mordorintelligence.com/

This release was published on openPR.