Press release
Genomics Personalized Health Market Set to Surge Significantly During 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 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.Browse Full Report Details@ https://www.transparencymarketresearch.com/personalized-genomics-market.html
The global genomics personalized health market has been segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa in terms of geography. The North America genomics personalized health market accounts for major share of the global market in 2016, followed by Europe. Asia Pacific is expected to grow at a faster rate due to advanced acceptance rate for innovative technology in the region. Latin America is anticipated to provide lucrative opportunities to the global manufacturers in the region due to increasing awareness and increase in healthcare expenditure, the industry will enhance the demand for genomics personalized health system in this region. Others reason for the market growth are expanding pharmaceutical and biotechnology companies in Mexico and Brazil has provided lucrative growth prospects for the genomics personalized health market in the region. The MEA genomics personalized health market is expected to grow at a lower rate when compared to other regions in global genomics personalized health market.
Leading players in the genomics personalized health market include are QIAGEN, Illumina, Inc. Thermo Fisher Scientific, Inc. Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche AG, Lonza Group, INVITAE Corporation, Genetic Technologies Limited, Interleukin Genetics Inc., Eastern Biotech and Life Sciences, DNA Genotek Inc. (Subsidiary of OraSure Technologies, Inc.), uBiome, Inc., and XCode Life Sciences Private Limited.
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About TMR
Transparency Market Research (TMR) is a global 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 data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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