Digital Genome market led by exposure suits segment growing at 8.4 % CAGR to 2027

Posted by kartik joshi on September 30th, 2022

Digital Genome Market is expected to reach US$ 20,812.81 million in 2027 from US$ 11,065.31 million in 2019. The market is estimated to grow at a CAGR of 8.4% from 2020 to 2027. The report highlights trends prevailing in the global digital genome market and the factors driving market along with those that act as hindrances.

Digital genome is a complete digital set of genetic material that is present in an organism or a cell. Digital genome technology deals with genes and their functions to identify the causes behind the chronic diseases and also to fix them. The technology is associated with the advancements that help to make healthcare more personal and more effective for the treatment. Digital genome facilitates instant access to trait sequences to resolve unending custom queries.

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Digital genome is a technology which deals with the genes and their functions to help to find the causes behind the chronic diseases and also to fix them. Digital genome is a complete digital set of genetic material that present in an organism or a cell. The technology is associated with the advancements that helps to make healthcare more personal and more effective for the treatment. Moreover, the digital genome is an easier way to gathering the information about the chronic disease. The technology is used by the professionals to get a closer look of genetic composed diseases, such as cancer.

Market leaders operating in the market have undertaken various organic growth strategies in the digital genome Market. The digital genome market majorly consists of the players such as THERMO FISHER SCIENTIFIC INC., F. HOFFMANN-LA ROCHE LTD, Illumina, Inc., QIAGEN, GenomeMe, NanoString Technologies, Inc., BD, bioMerieux SA, GenMark Diagnostics, Inc., and Perkin Elmer, Inc. among others. Several organic approaches, such as product launches, and expansion in the digital genome market, have resulted in the positive growth of the market. Product launches help the company to strengthen its product offering and the customer base, which allows the company to hold a strong position in the market. Similarly, utilizing expansion activities, it is easy to venture into untapped economies and use the opportunities being offered.

Below is the list of the growth strategies done by the players operating in the digital genome market:

Year

News

Mar-2020

Thermo Fisher Scientific announced the launch of new instrument that fully automates sample preparation for the analysis of per- and polyfluoroalkyl substances (PFAS) in drinking water by EPA method 537.1 and is designed to help laboratories overcome the challenges associated with current labor-intensive manual methods.

Mar-2020

Thermo Fisher Scientific Inc., and QIAGEN N.V., a leading worldwide provider of molecular diagnostics and sample preparation technologies, announced the approval of Thermo Fisher’s proposal to acquire QIAGEN. The transaction, is expected to be completed in the first half of 2021

Jan-2020

Roche announced that it has entered into a 15-year, non-exclusive partnership with Illumina to broaden the adoption of distributable next-generation sequencing (NGS) based testing in oncology

Nov-2019

QIAGEN launched novel NGS workflow for simultaneous DNA and RNA analysis for use in cancer profiling. The new QIAseq Multimodal Panels are the only solution to offer a consolidated workflow to simultaneously detect DNA variants, RNA fusions and gene expression levels from a single sample, with an input as low as 10 ng of total nucleic acid

Jul-2017

Illumina and BioRad introduced first next-generation sequencing solution for single-cell analysis called Illumina Bio-Rad Single-Cell Sequencing Solution at the J.P. Morgan Healthcare Conference, San Francisco.

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kartik joshi

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kartik joshi
Joined: September 27th, 2022
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