Genomics Market Growth, Regional Analysis, Trends and Forecast 2023 to 2033

Posted by Ganesh Shinde on March 2nd, 2023

According to Future Market Insights' newly released Genomics Market analysis report, global sales of Genomics in 2021 are expected to be .3 billion. The estimated market growth rate from 2022 to 2032 is 19.8%, which is much greater than the historical rate. Functional Genomics is predicted to provide the most income, growing at a CAGR of 23% from 2022 to 2032.

According to Future Market Insights, a market research and competitive intelligence provider, the market value of the Genomics industry increased at a CAGR of around 16% from 2017 to 2021, with countries such as the United States, United Kingdom, China, South Korea, and Japan holding a significant share of the global market.

Due to an increase in the number of research programmes, numerous strategic alliances, and a bigger proportion of FDA approvals by the USA FDA, the United States dominated the global market with a share of more than 30% in 2021. Reimbursement and usage policy choices in this market may enhance the uptake of genetic tests.

Color Genomics, Inc., in conjunction with NorthShore University Health System, incorporated clinical genomics into routine care under the US health programme in January 2020. Furthermore, the company assisted Sanford in its Imagenetics genomics programme to improve medical decision-making.

By 2032, the market in the United Kingdom is anticipated to be worth US$ 7.5 billion. From 2022 to 2032, the country's market is predicted to increase at a CAGR of 20.4%, generating an absolute monetary potential of US$ 6.3 billion.

Competitive Landscape:

The key players in the market include Thermo Fisher Scientific, Agilent Technologies, Beijing Genomics Institute, Bio-Rad Laboratories, Danaher Corporation, F. Hoffmann-La Roche Ltd., GE Healthcare, Illumina Inc., Oxford Nanopore Technologies, QIAGEN N.V., Myriad Genetics, Inc., Quest Diagnostics Incorporated, Eppendorf AG, and Eurofins Scientific.

Browse More@ https://www.futuremarketinsights.com/reports/genomics-market

Market Segments Covered in Genomics Industry Analysis

By Application:

• Functional Genomics
• Real-time PCR
• Transfection
• SNP Analysis
• Mutational Analysis
• Microarray Analysis
• RNA Interference
• Pathway Analysis
• Microarray Analysis
• Bead-based Analysis
• Proteomics Tools
• Real-time PCR
• Mass Spectrometry
• Biomarker Discovery
• DNA Sequencing
• Microarray Analysis
• Real-time PCR
• Mass Spectrometry
• Other Biomarker Discoveries
• Epigenetics
• Bisulfite Sequencing
• Microarray Analysis
• Chromatin Immunoprecipitation
• Methylated DNA Immunoprecipitation
• Other Epigenetics

• Other Applications & Technologies

By Deliverable:

• Products
• Services

By End-use:

• Pharmaceutical and Biotechnology Companies
• Hospitals and Clinics
• Academic and Government Institutes
• Clinical Research
• Other End Users