Genomics and the Future of Healthcare (2023-2029)


Posted August 7, 2023 by aishwaryammr

Genomics Market was worth US$ 26.74 Bn. in 2022 and total revenue is expected to grow at a rate of 15.35% CAGR from 2023 to 2029, reaching almost US$ 72.67 Bn. in 2029.
 
Genomics Market Overview

Maximize Market Research offers a concise description of the Genomics Market, providing up-to-date snapshots and comprehensive insights into its characteristics. The report presents an overview of the market, covering standard topics that are complemented with tailored data as required. This overview serves as a valuable resource for making informed decisions on market entry and gaining a clear understanding of the current state of the Genomics industry. The research methodology employed ensures a thorough examination of the global Genomics market, with the logical presentation of the findings in the report.

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Genomics Market Scope

The Genomics# Market report offers a comprehensive understanding of the market trends, dynamics, restraints, and opportunities. The research identifies the most significant trends that will impact business operations, providing valuable insights for strategic decision-making. It delves into the competitive landscape of key companies, factors influencing market size and volume, and other aspects that contribute to shaping the current marketing plan. The report includes a SWOT analysis to identify the strengths and weaknesses of the market.

In terms of competitive analysis, the report examines key players, local players, and new entrants in the Genomics Market. The classification criteria for manufacturers include financial status, technological advancements, quality of materials, region, revenue, joint ventures, portfolio, marketing strategies, mergers and acquisitions, strategic alliances, and social media presence. This comprehensive analysis enables a thorough assessment of the competitive landscape and helps businesses stay informed and make informed decisions.

Genomics Market Segmentation

The market is divided into Sequencing, Microarray, PCR, Nucleic Acid Extraction and Purification, and Others based on technology. In 2022, the genomics market's PCR category held the biggest market share of%. The market for genomics is expanding mostly due to technological advancements, an increase in genomics research, and decreased costs for DNA amplification using PCR. The market is primarily driven by technology investment and DNA expansion utilizing PCR. In 2022, the second category will have the highest share of %. Sequencing technology has benefits including ultra-high throughput, scalability, and fast speed. It is utilized for a variety of tasks, including farming and animal breeding.

The market is further divided into the Application sub-segments of Diagnostic, Drug Discovery, Precision Medicine, and Others. The genomics market's largest and fastest-growing application sector is diagnostics. The expansion of this market can be due to rising study of diseases including cancer and genetic disorders as well as falling sequencing costs. With more research being done on diseases like cancer and genetic disorders, together with lower sequencing costs, the drug discovery segment is currently holding the second-place spot in the market.

The market is further divided into Consumables, Systems and software, and Services based on Product and Service. In 2022, consumables will hold the largest market share of%. Consumables are still being used in the genomic system, and the number of genomic tests being performed worldwide is rising. This is one of the market-influencing elements. The segment's income is produced by significant players using nucleic acids and reagents. With the debut of a product meant to make whole genome sequencing accessible and inexpensive for laboratories of all sizes in June 2021, Illumina Inc. announced the NovaSeqTM 6000 reagent kit in August 2021. The Magbind viral RNA Xpress kit was developed by Omega bio-tek Inc. to quickly and accurately isolate viral RNA from swab samples.

Global Genomics Market Analysis and Forecast, by Product & Service
1. Introduction and Definition
2. Key Findings
3. Global Genomics Market Value Share Analysis, by Product & Service
4. Global Genomics Market Size (US$ Bn) Forecast, by Product & Service
5. Global Genomics Market Analysis, by Product & Service
6. Global Genomics Market Attractiveness Analysis, by Product & Service

Global Genomics Market Analysis and Forecast, by Technology
1. Introduction and Definition
2. Key Findings
3. Global Genomics Market Value Share Analysis, by Technology
4. Global Genomics Market Size (US$ Bn) Forecast, by Technology
5. Global Genomics Market Analysis, by Technology
6. Global Genomics Market Attractiveness Analysis, by Technology

Global Genomics Market Analysis and Forecast, by Test Type
1. Introduction and Definition
2. Key Findings
3. Global Genomics Market Value Share Analysis, by Test Type
4. Global Genomics Market Size (US$ Bn) Forecast, by Test Type
5. Global Genomics Market Analysis, by Test Type
6. Global Genomics Market Attractiveness Analysis, by Test Type

Global Genomics Market Analysis and Forecast, by Method
1. Introduction and Definition
2. Key Findings
3. Global Genomics Market Value Share Analysis, by Method
4. Global Genomics Market Size (US$ Bn) Forecast, by Method
5. Global Genomics Market Analysis, by Method
6. Global Genomics Market Attractiveness Analysis, by Method

Global Genomics Market Analysis and Forecast, by Application
1. Introduction and Definition
2. Key Findings
3. Global Genomics Market Value Share Analysis, by Application
4. Global Genomics Market Size (US$ Bn) Forecast, by Application
5. Global Genomics Market Analysis, by Application
6. Global Genomics Market Attractiveness Analysis, by Application

Global Genomics Market Analysis and Forecast, by End User
1. Introduction and Definition
2. Key Findings
3. Global Genomics Market Value Share Analysis, by End User
4. Global Genomics Market Size (US$ Bn) Forecast, by End User
5. Global Genomics Market Analysis, by End User
6. Global Genomics Market Attractiveness Analysis, by End User

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Genomics Market Key Players

1. Thermo Fisher Scientific Inc
2. Illumina Inc.
3. QIAGEN N.V.
4. Agilent Technologies Inc
5. Eurofins Scientific
6. BGI
7. GE Healthcare
8. Bio-Rad Laboratories Inc
9. F. Hoffmann-La Roche Ltd
10.Oxford Nanopore Technologies
11.Beijing Genomics Institute
12.Foundation Medicine, Inc
13.23andMe, Inc
14.Pacific Biosciences of california
15.Myriad Genetics, Inc.

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Regional Analysis

In 2021, the Genomics Market was dominated by the Genomics Region, and it is projected to experience substantial growth in the forecast period. The region's market growth is fuelled by government initiatives in the sector, as well as regulations aimed at curbing rising expenses. The Genomics market report provides insights into the geographic landscape of the market, including revenue, along with comprehensive research on the business network structure, opportunities, and news updates.

Key Questions answered in the Genomics Market Report are:


What is Genomics Market?
What is the forecast period of the Genomics Market?
What is the competitive scenario of the Genomics market?
Which region held the largest market share in the Genomics Market?
What are the opportunities for the Genomics Market?
What factors are affecting the Genomics market growth?
Who are the key players of the Genomics market?
Which company held the largest share in the Genomics market?
What will be the CAGR of the Genomics market during the forecast period?
What key trends are likely to emerge in the Genomics market in the coming years?
Key offerings:

Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Genomics#
Landscape- Leading key players and other prominent key players.
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Issued By Aishwarya
Phone  +91 9607365656
Business Address MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT Park Phase 2,
Pune Bangalore Highway, Narhe, Pune, Maharashtra 411041, India.
Country India
Categories Electronics
Tags genomics market , genomics market share , genomics market business
Last Updated August 7, 2023