Genomics Market Report: Latest Development, Trends, Top Key Players and Outlook 2025

12/gen/2021 06:39:09 IMARC Group Contatta l'autore

According to IMARC Group's latest report, titled “Genomics Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the market the global genomics market size to continue its strong growth during the next five years.

Genomics refers to the study of structure, function, and inheritance of the genetic material present in the deoxyribonucleic acid (DNA) of an organism. It identifies the effect of a combined intrarelationship of genes on the overall growth and development of the organism. Genomics includes various consumables, software, and services for diagnostics, drug discovery, precision medicine development, and agricultural research. It aids in the production of targeted and personalized medicines, along with enabling newborn genetic screening programs and military genomics. Few technologies used in genomics are microarray, sequencing, polymerase chain reaction (PCR), nucleic acid extraction and purification, and single-cell genomics analysis.

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Market Trends:

The growth in non-invasive cancer screening-based research, along with the high prevalence of chronic diseases has augmented the demand for personalized medicines, involving genomics. Additionally, the integration of clinical workflows with genomic data has further catalyzed the market growth. Moreover, the propelling demand for genetically modified plants and organisms in the agriculture industry is also catalyzing the market growth. Rising technological advancements have led to the development of genomics-based apps and tests, thereby inducing the demand for genomics. Robust research and development (R&D) in the bioinformatics sector, coupled with the growing demand for next-generation sequencing services, is further anticipated to bolster the genomics market.

Genomics Market 2020-2025 Analysis and Segmentation:

The report has segmented the market on the basis of component, application, technology, end-user and region.

Breakup by Component:

  1. Products
    1. Instruments and Software
    2. Consumables and Reagents
  2. Services
    1. Core Genomics Services
    2. NGS-Based Services
    3. Biomarker Translation Services
    4. Computational Services
    5. Others

Breakup by Application:

  1. Functional Genomics
  2. Epigenomics
  3. Biomarkers Discovery
  4. Pathway Analysis
  5. Others

Breakup by Technology:

  1. Sequencing
  2. Microarrays
  3. Polymerase Chain Reaction
  4. Nucleic Acid Extraction and Purification
  5. Others

Breakup by End-User:

  1. Research Centers
  2. Hospitals and Clinics
  3. Pharmaceutical and Biotechnology Companies
  4. Others

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Breakup by Region:

  1. North America
  2. Asia Pacific
  3. Europe
  4. Latin America
  5. Middle East and Africa

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