Press release
Genomics Personalized Health Market | Growth Opportunities and Forecast up to 2024
As per TMR, the global genomics personalized health market is likely to rise at a cracking pace of 14.9% CAGR between 2017 and 2025, for the market to become worth US$25,112.5 mn by the end of 2025. The market stood at a valuation of US$7,243.0 mn in 2016.
The key segments of the market based on technology are NGS platforms, microarray, RT-PCR, genetic analyzers, and others. Of them, NGS platform held a significant share of more than 32.0% share of the market in 2016. Diagnostic centers and academic and research institutes are the leading end-use segments with the segments collectively accounting for a share of almost 88.0% in 2016.
Amongst the key regional segments, North America genomics personalized health market held the leading share in 2016, trailed by Europe. The region is expected to acquire the leading 41.6% share of the market by the end of 2025. In the coming years, however, Asia Pacific is expected to surpass in terms of growth rate over the forecast period mainly because of increasing demand for innovative technology.
Request to download and view full ToC -
http://www.transparencymarketresearch.com/report-toc/12197
Swelling Demand for Biomarkers to Detect Physiological Impact of Diseases Boost Uptake
The global genomics personalized health market is majorly driven by the increasing investments for research and development of biomarkers. Biomarkers have significance for identifying the physiological state of an organism suffering from a certain disease. The increasing prevalence of chronic diseases such as cancer and diabetes has led to an increased demand for disease diagnostics, which is indirectly benefitting the genomics personalized health market. For instance, the unexpected increase in Ebola incidence has benefitted players in the global genomics personalized health market to introduce an effective course of treatment.
Apart from this, the growth of the pharmaceutical sector and prediction and assessment of response to treatment are leading to a surged demand for genomics personalized health solutions. Burgeoning development in the molecular biology sector coupled with technological innovations are also acting in favor of the global genomics personalized health market. Lastly, the growing geriatric population worldwide that will present a considerable demand for personalized medication is expected to aid the growth of genomics personalized health market in the upcoming years.
Request to view Sample Report -
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12197
Lack of Favorable Reimbursement Policies Challenges Growth
On the other hand, amongst a few factors restraining the growth of this market, a complicated regulatory framework that causes a delay in the approval of newer methods is emerging to be a major roadblock to this market. Furthermore, lack of favorable reimbursement policies is expected to prevent end users from opting for personalized medication. The trend will be more pervasive in emerging economies where the healthcare sector is still in developmental phase.
Genomics Personalized Health Market Report is available @ US$ 5795
http://www.transparencymarketresearch.com/checkout.php?rep_id=12197<ype=S
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
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 Genomics Personalized Health Market | Growth Opportunities and Forecast up to 2024 here
News-ID: 735280 • Views: …
More Releases from Transparecny Market Research
Global Microgrid Controller Market Forecast 2024-2034 - Market Size, Drivers, Tr …
The global microgrid controller market is witnessing significant growth as decentralized energy systems gain traction. Microgrid controllers, the nerve centers of microgrids, manage distributed energy resources (DERs), ensuring efficient energy distribution, storage, and consumption. These systems provide resilience, optimize costs, and integrate renewable energy sources like solar and wind into the grid seamlessly.
The market is projected to grow at a robust compound annual growth rate CAGR 12.8 from 2024 to…
Lithium Tantalate Crystal Market to hit USD 790 million by 2027, Says Transparen …
The Lithium Tantalate Crystal Market has been witnessing a substantial surge from 2019 to 2027, attributed to its diverse applications across various industries. Lithium Tantalate (LiTaO3) crystals find extensive usage in electronics, telecommunications, and optoelectronics owing to their exceptional piezoelectric and electro-optic properties.
Lithium Tantalate Crystal market is expected to reach a valuation of US$ 790 million by the end of the forecast period, which spans from 2019 to 2027. Additionally,…
North America Climbing Gym Market Size & Share to Surpass USD 1.9 billion by 203 …
The global North America Climbing Gym Market (سوق التسلق في أمريكا الشمالية) has been sailing through robust waters, witnessing a valuation of US$ 947.7 million in 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 8.5% from 2023 to 2031. By the end of 2031, the industry is expected…
Multi-functional Printer Market is expected to grow at 7.2% of CAGR through 2023 …
The global Multi-functional Printer Market (複合機市場) has been sailing through robust waters, witnessing a valuation of US$ 31.2 billion in 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 7.2% from 2023 to 2031. By the end of 2031, the industry is expected to anchor at an impressive US$…
More Releases for TMR
Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031.
The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have…
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview
The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,…
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview
The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer.
To evaluate the nature of the gases and their potential threats, dissolved gas…
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000
The…
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview
The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to…
