Genomics Market Growth, Size, Revenue Analysis, Top Leaders and Forecast 2030
Genomics Market Overview:
Genomics Market was worth US$ 30.84 Bn. in 2023 and total revenue is expected to grow at a rate of 15.35% CAGR from 2024 to 2030, reaching almost US$ 83.81 Bn. in 2030.
A comprehensive analysis of the Genomics market has been released by Maximize Market Research, a top-tier business consultancy firm. This detailed report covers essential business insights, current demand trends, pricing strategies, and the competitive landscape. It provides an in-depth view of the current status of the Genomics market with projections extending to 2030.
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Genomics Market Scope and Methodology:
This report aims to deliver a thorough understanding of the Genomics market, emphasizing market-centric strategies. It identifies key trends, growth drivers, challenges, and potential opportunities. Data is collected through both primary and secondary research methods. Primary data is gathered from interviews and surveys with key industry stakeholders such as manufacturers, suppliers, distributors, customers, and experts. Secondary data is sourced from industry reports, market analyses, corporate websites, annual reports, trade journals, government publications, and databases.
The report offers a detailed analysis of the business strategies of top companies, including partnerships, mergers, acquisitions, and collaborations. A SWOT analysis evaluates the market position of these companies, highlighting strengths, weaknesses, opportunities, and threats. The Genomics market is examined using feasibility studies, investment return analyses, and Porter's Five Forces framework. Global and regional Genomics market sizes are calculated using a bottom-up approach.
Genomics Market Regional Insights:
The Regional Analysis section offers an overview of the current state of the Genomics market in each participating country. Local perspectives are vital due to the complex nature of the Genomics industry. The market is divided into North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region's market size, growth rate, import and export details, and other specifics are examined in detail.
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Genomics Market Segmentation:
by Product & Service
Consumables
Systems and software
Services
by Technology
Sequencing
Microarray
PCR
Nucleic Acid Extraction and Purification
Others
by Test Type
Diagnostic Test
Genetic Test
Newborn Screening
Pre-implantation Testing
Prenatal Testing
Carrier Testing
by Application
Diagnostic
Drug Discovery
Precision Medicine
Others
by Method
Molecular Test
Chromosomal Test
Biochemical Test
by End User
Research Centers
Hospitals and Clinics
Pharmaceutical Companies
The market is divided into three segments based on product and service: consumables, systems and software, and services. Consumables have the largest market share of% in 2023. Consumables are used in the genomic system, and their use is expanding as the number of genetic tests worldwide grows. Which is one of the market's driving forces. The use of nucleic acids and reagents by significant businesses generates income for the market. Illumina Inc. announced the NovaSeqTM 6000 reagent kit in August 2021, following the launch of a product designed to make full genome sequencing accessible and cheap for laboratories of all sizes in June 2021.
Genomics Market Key Players:
1. Thermo Fisher Scientific Inc
2. Illumina Inc.
3. QIAGEN N.V.
4. Agilent Technologies Inc
5. Eurofins Scientific
6. BGI
7. GE Healthcare
8. Bio-Rad Laboratories Inc
9. F. Hoffmann-La Roche Ltd
10.Oxford Nanopore Technologies
11.Beijing Genomics Institute
12.Foundation Medicine, Inc
13.23andMe, Inc
14.Pacific Biosciences of california
15.Myriad Genetics, Inc.
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Key questions answered in the Genomics Market include:
- Who are the leading companies and what are their portfolios in the Genomics Market?
- What segments are covered in the Genomics Market?
- Who are the key players in the Genomics market?
- Which application holds the highest potential in the Genomics market?
- What are the key challenges and opportunities in the Genomics market?
- What is Genomics?
- What was the Genomics market size in 2023?
- What will be the CAGR at which the Genomics market will grow?
- What is the growth rate of the Genomics Market?
- Which factors are expected to drive the Genomics market growth?
- What are the different segments of the Genomics Market?
- What growth strategies are players considering to increase their presence in Genomics?
- What are the upcoming industry applications and trends for the Genomics Market?
- What recent industry trends can be implemented to generate additional revenue streams for the Genomics Market?
Key Offerings:
- Historical Market Size and Competitive Landscape (2018 to 2022)
- Historical Pricing and Price Trends by Region (2018 to 2022)
- Market Size, Share, and Forecast by Different Segments (2024−2030)
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – Detailed Analysis by Segment and Sub-Segment by Region
- Competitive Landscape – Profiles of Key Players by Region from a Strategic Perspective
- Competitive Landscape – Market Leaders, Market Followers, Regional Players
- Competitive Benchmarking of Key Players by Region
- PESTLE Analysis
- PORTER’s Analysis
- Value Chain and Supply Chain Analysis
- Legal Aspects of Business by Region
- Lucrative Business Opportunities with SWOT Analysis
- Recommendations
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About Maximize Market Research:
Maximize Market Research is a versatile market research and consulting firm with experts from various industries. We cover sectors such as medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology and communication, automobiles, chemicals, general merchandise, beverages, personal care, and automated systems. We offer market-verified industry estimates, technical trend analysis, critical market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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