Global Genomics Market To Be Driven At A CAGR Of 9.3% In The Forecast Period Of 2021-2026

0
571

The new report by Expert Market Research titled, ‘Global Genomics Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global genomics market, assessing the market based on its segments like product, technology, application end use, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/genomics-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

• Historical Market Size (2020): USD 16.21 Billion
• Forecast CAGR (2021-2026): 9.3%

The growth of the global market for genomics is driven by the increasing research and development activities in life sciences sector. The widespread application of genomics in pharmaceutical and biotechnology industries for drug development, diagnostics, toxicogenomic and pharmacogenomics, among others are expected to propel the market growth. Additionally, rising government funding, increasing genome studies, and declining cost for genome sequencing may likely push the growth further. Moreover, the factors such as the ability to diagnose predisposition for genetic illness at earlier stage and development of precise and efficient personalised medicines through genomic studies are anticipated to bolster the genomics market growth over the forecast period.

Industry Definition and Major Segments

Genomics is the branch of molecular biology dealing with the study of genomes. Genome refers to the genetic material of an organism consisting of nuclear, plasmid, mitochondrial and chloroplast DNA and RNA. Genomics includes study of structure, function, evolution, and mapping of genomes.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/genomics-market

The genomics industry is broadly divided on the basis of product into:

• Consumables
• Systems and Software
• Services

Based on technology, the genomics market is divided into:

• PCR
• Sequencing
• Microarray
• Nucleic Acid Extraction and Purification
• Others

The genomics market is segmented on the basis of application into:

• Diagnostics
• Drug Discovery and Development
• Precision Medicine
• Agriculture and Animal Research
• Others

Based on end-uses, the genomics market is divided into:

• Research Centres and Academic and Government Institutes
• Hospitals and Clinics
• Pharmaceutical and Biotechnology Companies
• Others

The regional markets for genomics include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Trends

Regionally, North America is expected to dominate the global genomics market. This can be attributed to the increasing research activities and demand for precision medicines. Europe is projected to follow North America due to the presence of key biotechnology and pharmaceutical players in the region. Additionally, the rising incidences of genetic disorders in the geriatric population is further expected to aid the market growth. Meanwhile, Asia Pacific is projected to witness the fastest growth rate over the forecast period owing to the increasing expenditure for pharmaceutical industry.

Key Market Players

The major players in the market are Oxford Nanopore Technologies, F. Hoffmann-La Roche, Illumina, Inc. (NASDAQ: ILMN), Qiagen, Eurofins Scientific, Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., BGI Group and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Merino Wool Market: https://www.expertmarketresearch.com/reports/merino-wool-market

Smart TV Market: https://www.expertmarketresearch.com/reports/smart-tv-market

Indian Facility Management Market: https://www.expertmarketresearch.com/reports/indian-facility-management-market

Sealing and Strapping Packaging Tapes Market: https://www.expertmarketresearch.com/reports/sealing-and-strapping-packaging-tapes-market

Global Medical Textiles Manufacturers: https://www.expertmarketresearch.com/articles/top-medical-textiles-companies

Kombucha Tea Market: https://www.expertmarketresearch.com/reports/kombucha-tea-market

Fish Collagen Peptides Market: https://www.expertmarketresearch.com/reports/fish-collagen-peptides-market

Global Lithium-Ion Battery Manufacturers: https://www.expertmarketresearch.com/articles/top-lithium-ion-battery-companies

Global Retail Market: https://www.expertmarketresearch.com/reports/retail-market

Facade Market: https://www.expertmarketresearch.com/reports/facade-market

Hypervolt plus Cordless Vibration Massager Market: https://www.expertmarketresearch.com/reports/hypervolt-plus-cordless-vibration-massager-market

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact

Company Name: Claight Corporation
Contact Person: Mathew Williams, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Search
Categories
Read More
Other
Unveiling Excellence: The Journey of Nenad Savic
In the dynamic landscape of entrepreneurship, certain individuals stand out not just for their...
By Nenad Savic 2024-05-07 11:52:37 0 158
Networking
Grow your online business with digital marketing.
Embarking on the journey of growing your online business with digital marketing opens up a...
By Mcavoy Group 2024-02-29 17:42:02 0 286
Party
Desi Bhabhi Escorts Services in Malviya Nagar
Grab The Chance Of Having Romance With Malviya Nagar Escorts Are you intending to enjoy a...
By Aisha Bhatt 2023-01-07 11:20:10 0 1K
Art
H12-811-ENU Latest Test Labs | H12-811-ENU Latest Test Guide & Practice H12-811-ENU Test Online
DOWNLOAD the newest 2Pass4sure H12-811-ENU PDF dumps from Cloud Storage for free:...
By Fosyriry Fosyriry 2022-11-22 07:14:49 0 693
Other
Your Dream Abode: Techniques to Invest in a Dwelling
The purchase of a home is more than solely a financial deal; it's a critical action in direction...
By Liam Henry 2023-12-22 09:02:41 0 326