Genomics Market Report Overview
The report encompasses the latest revenue and trends within the Genomics market. It provides an introduction to the Genomics market, defining its scope, structure, and strategies for proactive and pre-planned management. The report hones in on the factors that impact the Genomics Market in both positive and negative ways. Additionally, it assists in gauging the prospective growth of the Genomics Market in the upcoming forecast years. The report serves as a valuable tool for shaping market strategies and understanding the contextual landscape of the Genomics industry.
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Genomics Market Report Scope and Research Methodology
The primary objective of the Global Genomics Market report is to deliver a comprehensive analysis of the market in accessible language for stakeholders. The research has involved segmenting the Genomics market into major categories, which were further subdivided into various sub-segments. The report offers a detailed examination of drivers, opportunities, restraints, and challenges within the Genomics industry, segmented both regionally and by segment.
The report on the Genomics Market furnishes an exhaustive analysis, incorporating historical data, insightful perspectives, facts, and statistically validated market statistics. These statistics are based on a well-founded set of assumptions and methodologies. The collection of data for the Genomics market report relied on both primary and secondary research methods. This amalgamated data was meticulously analyzed to produce precise and reliable findings.
Incorporating secondary research, the report delves into annual and financial reports of leading players, while primary research involves interviews with key opinion leaders and experts within the Genomics industry, including frontline personnel, entrepreneurs, and marketing professionals. The estimation of the Genomics market size was achieved through a bottom-up approach. The report employs SWOT analysis to outline the strengths and weaknesses of the Genomics Market, and leverages PESTLE and PORTER analyses to outline the impacts of macroeconomic and microeconomic factors on the global Genomics Market.
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Genomics Market Regional Insights
Geographically, the report is segmented into several key countries, with Genomics market size, growth rate, import and export of Genomics market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.
Genomics Market Segmentation
by Product & Service
Consumables
Systems and software
Services
The market is divided into three segments: services, systems and software, and consumables. In 2024, consumables will have the largest market share. Consumables in the genomic system continue to be used as the number of genetic tests worldwide rises. This is among the elements propelling the market. Key players' use of reagents and nucleic acids produces the segment's income. Illumina Inc. launched a product in June that will make whole genome sequencing affordable and accessible for labs of all sizes, and in August it debuted the NovaSeq 6000 reagent kit.
by Technology
Sequencing
Microarray
PCR
Nucleic Acid Extraction and Purification
Others
Sequencing, microarray, PCR, nucleic acid extraction and purification, and others are the subsegments of the market. In 2024, the genomics market's greatest share was held by the PCR sector. The main drivers of the genomics market's expansion include advancements in technology, a rise in genomics research, and the decreased cost of PCR DNA amplification. The market is primarily driven by technical investment and DNA expansion using PCR. In 2024, the second segment will have the biggest share. The benefits of sequencing technology, which is utilized in a variety of fields like agriculture and animal breeding, include ultra-high throughput, scalability, and fast speed.
by Test Type
Diagnostic Test
Genetic Test
Newborn Screening
Pre-implantation Testing
Prenatal Testing
Carrier Testing
by Application
Diagnostic
Drug Discovery
Precision Medicine
Others
The market is divided into several sub-sectors, including precision medicine, drug discovery, and diagnostics. The genomics market's largest and fastest-growing application sector is diagnostics. The growing research on genetic abnormalities and diseases like cancer, as well as the falling cost of sequencing, are the reasons for this segment's growth. Due to decreased sequencing costs and increased research on diseases including cancer and genetic disorders, the drug discovery segment currently maintains the second position in the market.
by Method
Molecular Test
Chromosomal Test
Biochemical Test
by End User
Research Centers
Hospitals and Clinics
Pharmaceutical Companies
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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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Key Questions answered in the Genomics Market Report are:
- What is Genomics?
- Which segment held the largest share in the Genomics market?
- Which are the key factors driving the Genomics market growth?
- Which region holds the maximum share in the Genomics market?
- What is the expected CAGR of the Genomics market during the forecast period?
- Who are the major players in the Genomics market?
- What key trends are expected to emerge in the Genomics market in the coming years?
Key Offerings:
- A detailed Analysis of the Market Overview
- Market Share, Size & Forecast by Revenue
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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