Market Definition
Genomics is the study of genes and their function. The market for genomics is expected to grow in the coming years as the technology becomes more affordable and accessible.
Market Outlook
Products in the genomics market include sequencing, microarrays, and PCR. Sequencing is the most popular product, accounting for over half of the market share. Microarrays are used for gene expression and SNP analysis, while PCR is used for DNA amplification and sequencing.
The applications of genomics include drug discovery, disease diagnosis, and agricultural biotechnology. The drug discovery market is the largest application, accounting for over half of the market share. Genomics is also used in disease diagnosis, such as cancer, and in agricultural biotechnology, such as crop improvement.
The global Genomics Market was valued at US$ 45.9 billion in 2023 and it is anticipated to grow up to US$ 126.8 billion by 2033, at a CAGR of 10.5% during the forecast period.
The key trends in the genomics market are the increasing demand for personalized medicine and the increasing funding for genomics research.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segmentation:
By Products and Services
- Consumables & Reagents
- Services
- Instruments, Systems & Software
By Technology
- PCR
- Sequencing
- Microarray
- Flow Cytometry
- Others
By Application
- Diagnostics
- Drug Discovery and Development
- Agriculture and Animal Research
- Others
By Study Type
- Functional Genomics
- Transfection
- Real-Time PCR
- RNA Interference
- SNP Analysis
- Mutational Analysis
- Microarray Analysis
- Epigenomics
- Bisulfite Sequence
- High-Resolution Melt
- Microarray Analysis
- Chromatin Accessibility
- Pathway Analysis
- Bead-Based Analysis
- Microarray Analysis
- Real-Time PCR
- Proteomics Tools
- Biomarker Discovery
- Mass Spectrometry
- DNA Sequencing
- Bioinformatics
- Statistical Analysis
- Real-Time PCR
- Others
By End-Use
- Research Centers and Academic Institutes
- Hospitals & Clinics
- Pharmaceutical & Biotechnology Companies
- Others
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Key Players
The Genomics Market Report includes players such as Oxford Nanopore Technologies (U.K), Danaher Corporation (U.S), Thermo Fisher Scientific Inc. (U.S), Eurofins Scientific (Luxembourg), F. Hoffmann-La Roche Ltd. (Switzerland), Illumina Inc. (U.S), Bio-Rad Laboratories (U.S), Agilent Technologies (U.S), Eppendorf (Germany), GE Healthcare Inc. (U.S), among others.
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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