Overview

Genomics Market is poised to register a CAGR of 19.4% during the forecast period 2022 to 2028.

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Genomics is a field of science that studies genes and their function, structure, evolution, and mapping of genomes in short creatures. The genetic test is commonly used to learn more about illness susceptibility, treatment response, and human biology. The study of genomics entails analysing the structure and function of DNA, sequencing it, and using bioinformatics to sequence it, as well as recombinant DNA. The market is divided into three categories: systems and software, consumables, and services. The market is divided into three segments based on technology: sequencing, microarray, and PCR.

Diagnostic Applications and Precision Medicine are two examples of genomics applications. Because of its applicability in numerous fields of research, including as intragenomic phenomena such as epistasis, pleiotropy, heterosis, and other interactions between loci and alleles inside the genome, the Genomics Market is gaining pace. Genomic research is primed for exponential expansion as a result of vital genetic innovations feeding off it in this era of medical and life science advancements establishing itself as an unavoidable uptake for the sustainability of mankind.

Healthcare, agriculture, biotechnology, DNA sequencing, and diagnostics all make substantial use of genomics. In the healthcare industry, genomics is utilised to generate vaccines and medications. Genomics is important in the diagnosis of numerous genetic illnesses. It has a lot of potential in personalised medicine since it can provide medical care based on a person's genetic profile using clinical data and AI. It is used in synthetic biology and bioengineering as well.

FutureWise Market Research has instantiated a report that provides an intricate analysis of Genomics Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.

According to the research study conducted by FutureWise research analysts, the Genomics Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.

Key market players include
Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., Merck KGaA, Danaher Corporation, Waters Corporation, Bio-Rad Laboratories, Inc., Bruker Corporation, GE Healthcare, Perkinelmer, Inc., Luminex Corporation, Creative Proteomics, Promega Corporation.

Genomics Market Segmentation:

By Product and Service

Consumables
Systems & Software
Services

By Technology

PCR
Sequencing
Microarray
Nuclei Acid Extraction and Purification
Other Technologies

By Application

Diagnostics
Drug Discovery
Precision Medicine
Agriculture & Animal Research
Other Applications

By End User

Research Centres and Academic & Government Institutes
Hospitals & Clinics
Pharmaceutical & Biotechnology Companies
Other End Users

By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Genomics Market Sample Video:

Competitive Landscape:

Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants

FutureWise Key Takeaways:

Growth prospects
SWOT analysis
Key trends
Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on the global genomics market by product and service, by technology, by application, by end user and by region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific Latin America and Middle East & Africa
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencie

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