The Global Genomics Market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2018 and 2025. The Asia-Pacific countries will occupy a majority of the market share in coming years. North America, especially the United States, will play an important role which cannot be ignored. Any changes from the United States might affect the development world trend of Genomics. European and Middle Eastern countries are planning to invest heavily in this particular market.
Genomics Market report studies the status and outlook of Global and major regions, from angles of players, countries and end industries; this report analyses the top players in the global market, and splits the Genomics Market by Product, by Application, by Technology and by Geography. Also highlighted are the Statistics, Market Size, Recent trends, Drivers and Restraints, Opportunities, etc.
Genome can be defined as set of DNAs in an organism. Genomics is a branch of science that helps to understand the functions, structure, and evolution of genes. In the recent years, there has been an increase in the usage of genomics owing to rising research activities and increase in number of initiatives to promote personalized medicine. The genomics market is also driven by increasing applications of genomics in cancer therapy and in early detection of other diseases.
The genomics market has been witnessing significant growth over the past few years owing to, owing to rise in availability of funding for research activities, increasing government initiatives in various countries, increasing adoption of personalized medicine, declining costs of sequencing, and increase in number of genomic sequencing initiatives. Factors such as rise in number of star-up companies in India and China and application of genomics in prevention & treatment of genetic diseases are expected to offer opportunities for the market growth in the years to come. However, the high costs of sequencing, data privacy and lesser availability of skilled labor are expected to restraint the market growth to a certain extent during the forecast period.
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The Key Players included in the Global Genomics Market:
- Agilent Technologies
- Eurofins Scientific
- GE Healthcare
- Illumina, Inc.
- Oxford Nanopore Technologies
- Thermo Fisher Scientific Inc.
- F. Hoffmann-La Roche
- Bio-Rad Laboratories
- Beijing Genomics Institute
The genomics market based on the product, technology, process application, and end user is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for genomics in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE.
North America held the largest share of genomics market owing to factors such as, increasing focus of market players to expand their presence in US, availability of research funding to develop new products & applications, growth in the pharmaceutical & biotechnology industry, and initiatives such as, personalized medicine.
The genomics market for Asia Pacific includes consolidated markets for countries such as, India, China, Japan, and Rest of Asia Pacific. This region accounted for a major share in the global genomics market owing to the large population countries such as China and India, increasing focus of market players, and rising number of conferences & meetings. Genomics market in Asia Pacific is expected to grow at a CAGR of 15.0% during the forecast period.
Global Genomics Market – By Product
Global Genomics Market – By Process
- Library Preparation
- Data Analysis
Global Genomics Market- By Technology
- Nucleic Acid Extraction & Purification
Global Genomics Market -2013 By Application
- Drug Discovery & Development
- Precision Medicine
- Agriculture & Animal Research
Global Genomics Market -2013 By End User
- Hospitals & Clinics
- Academic & Research Centers
- Pharmaceutical & Biotechnology Companies
Table of Contents
The market report includes the following sections:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Global Genomics market -2013 Market Dynamics
Chapter 4: Global Genomics Market – By Product
Chapter 5: Global Genomics Market – By Process
- Library Preparation
- Data Analysis
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