Genomics Market market is projected to reach US$ 49,996.15 million by 2027 from US$ 19,084.74 million in 2019; it is estimated to grow at a CAGR of 13.1% during 2020–2027.
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The Prominent/Emerging Players in the Genomics Market includes: Illumina, Inc.; Danaher; F. HOFFMANN-LA ROCHE LTD.; BIO-RAD LABORATORIES INC.; General Electric Company; Thermo Fisher Scientific Inc.; Agilent Technologies, Inc.; Eurofins Scientific; QIAGEN; and BGI
The primary technologies used in the genomics market are sequencing, microarray, PCR, nucleic acid extraction and purification, and others. The sequencing segment is expected to hold the major share of the genomics market size, which is expected to see robust growth during the forecast period. The growth of the segment is attributed to the increasing applications of sequencing to provide more precise treatment for ailments.
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