Genomics Market: Rising Application Areas of Genomics with Major Competitors Eppendorf AG, Novogene Corporation, SciGenom Labs Pvt. Ltd and Global Forecast 2024

Genomics Market
Genomics Market” By Product and Services (Instruments/Systems, Consumables, Services), Technology (Sequencing, Microarray, PCR, Nucleic Acid Extraction and Purification), Application (Diagnostics, Drug Discovery and Development, Precision Medicine, Agriculture & Animal Research), Process (Sequencing, Library Preparation, Data Analysis), End-User, Geography – Industry Trends and Forecast to 2024

Global Genomics Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of genomics market for global, Europe, North America, Asia Pacific and South America.

Genomics Market accounted to USD 14.0 billion in 2016 growing at a CAGR of 9.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Major Market Drivers:

  • Increasing Government Funding and Development in the Number of Genomics Projects
  • Rising Application Areas of Genomics
  • Declining Cost Of Sequencing

Major Market Competitors:

Some of the major players operating in global genomics market are:-

  • General Electric,
  • Danaher,
  • Thermo Fisher Scientific Inc.,
  • F. Hoffmann-La Roche Ltd,
  • Illumina, Inc.,
  • QIAGEN,
  • Merck & Co. Inc.,
  • Agilent Technologies,
  • Bio-Rad Laboratories Inc.,
  • Genotypic Technology Pvt Ltd,
  • QIAGEN, Macrogen Inc.,
  • Eurofins Scientific,
  • PerkinElmer Inc.,
  • Personalis Inc.,
  • Pacific Biosciences of California Inc.,
  • Oxford Nanopore Technologies,
  • Pacific Biosciences of California Inc.,
  • Eppendorf AG,
  • Novogene Corporation,
  • SciGenom Labs Pvt. Ltd,
  • TAKARA HOLDINGS INC.,
  • Kohlberg Kravis Roberts & Co. L.P.,
  • GENEWIZ,
  • Agilent Technologies,
  • Genomatix GmbH,
  • Biomatters Limited,
  • Strand Life Sciences Pvt. Ltd,
  • DNASTAR Inc., and
  • New England Biolabs among others

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Market Segmentation: Global Genomics Market

By Product and Services the global genomics market is segmented into:-

  • Instruments/Systems,
  • Consumables, And
  • Services.

On the basis of Technology the global genomics market is segmented into:-

  • Sequencing,
  • Microarray,
  • Pcr,
  • Nucleic Acid Extraction and
  • Purification.

On the basis of Application the global genomics market is segmented into:-

  • Research,
  • Drug Discovery, And
  • Diagnostics.
    • cancer diagnostics,
    • monogenic (mendelian) disorders, and
    • other diagnostic applications
      • Common Diseases And
      • Complex Disorders,
      • Movement disorders, and
      • HIV.

On the basis of Process the global genomics market is segmented into:-

  • Sequencing,
  • Library Preparation, And
  • Data Analysis.

On the basis of End-User the global genomics market is segmented into:-

  • Research Centers And Academic & Government Institutes,
  • Hospitals And Clinics,
  • Pharmaceutical & Biotechnology Companies,

On the basis of Geography, global genomics market report covers data points for 28 countries across multiple geographies such as:-

  • North America &
  • South America,
  • Europe,
  • Asia-Pacific, and
  • Middle East & Africa.

Market Definition: Global Genomics Market

Genomics, the branch of science that deals with the study of genomes and their communication with variety of stimuli, that has been the focus of widespread research and development activities in the few years. Genomics has witnessed an important rise in technologies that offer a better understanding of genomes and their interaction with the environment and apparatus that use research results for the understanding of genomes in the growth and survival of all organisms.

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