Global Genomics Market research report published by Reports and Data provides a comprehensive overview of the Genomics market and its economic landscape to offer insightful information pertaining to the current and future trends and demands in the market. The report is an all-inclusive document covering recent technological advancement, value chain analysis, volume and raw materials, and overall industry outlook. The report is equipped with an extensive analysis of trends that are expected to impact revenue growth of the market during the forecast period of 2021-2028. It also offers strategic recommendations to established players and novice players to overcome barriers and gain a robust footing in the market.
Furthermore, the report covers various important aspects of the industry such current and emerging trends, updated outlines, growth factors, restraints, growth prospects and opportunities, regulatory framework and government policies, macro and micro economic factors, and other factors that enable to draw projections for the estimated market growth in the forecast period.
Genomics Market Size – USD 11.89 Billion in 2019, Market Growth - CAGR of 16.3%, Market Trends –Advancement in technology.
The research offered by the Genomics report has been formulated through key analytical tools and extensive primary and secondary research further validated and verified by industry experts, industry professionals and analysts. The report includes SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis to impart better understanding of the Genomics market dynamics.
Prominent companies in the market include Agilent Technologies, Bio-Rad Laboratories, Qiagen, GE Healthcare, Roche Diagnostics, Abbott Laboratories, Illumina Inc., Cancer Genetics Inc., Sigma Aldrich, and Perkin Elmer, among others.
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The report on the global Genomics market offers a comprehensive analysis of the competitive landscape with special focus on the production and manufacturing capacity, pricing, product portfolio, gross profit margin, global position, and financial standing. It also covers recent mergers and acquisitions, product launches and brand promotions, joint ventures, collaborations, partnerships, and agreements, among others.
For the purpose of this report, Reports and Data has segmented the global Genomics market based on type, end-use, and region:
Product Type Outlook (Revenue, USD Million; 2017-2027)
- Instruments
- Consumables
- Services
Technology Outlook (Revenue, USD Million; 2017-2027)
- PCR
- Genome Sequencing
- Nucleic Acid Extraction Purification
- Microarray
- Others
Application Outlook (Revenue, USD Million; 2017-2027)
- Diagnostics
- Personalized Medicine
- Drug Discovery Development
- Others
End-User Outlook (Revenue, USD Million; 2017-2027)
- Hospitals
- Research Institutes
- Others
Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further key findings from the report suggest
- Pharmaceutical companies are making use of the available genomic information in personalized medicine, which is forecasted to significantly impact the growth of the market. The reduction in the cost of sequencing has enabled the whole genome sequencing at a very affordable price, which has made it more attractive to pharmaceutical and biotechnology companies.
- NGS-based services held a major market share due to its adoption of whole-genome sequencing and application of the sequence databases for disease prognosis and screening. The demand is expected to grow owing to the expansion of the customer base from limited to academic and research centers to CROs, biotech, and pharma players.
- Polymerase chain reaction (PCR) has several advantages, which is boosting the demand for the market. The reaction is simple, easy to understand, and also produces results quickly. The technique is very sensitive, with the potential to produce billions of copies of a certain product for cloning, sequencing, and analysis. Thus, it finds its use in analyzing alterations of gene expression levels in tumors, microbes, or other disease states.
- A major goal of the genome in animal research is to use the information to enhance the response of animals to selection. The dairy industry witnessed an agri-dairy revolution with the implementation of genome-enables genetic predictions. In the U.S., more than 2 million dairy cattle from 5 breeds have incorporated genome information into the national dairy genetic evaluation. The impact on genetic improvement has been profound….Continue
Key Questions Answered by Genomics Market Report
- What was the Genomics Market size; what are the estimated growth trends and market forecast (2021-2028)
- What will be the CAGR of 10% Market during the forecast period (2021-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2028).
- Which manufacturer/vendor/players in the Genomics Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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