Genomics Market worth 19.99 Billion USD by 2020 Genomics Market worth 19.99 Billion USD by 2020 | Page 14

TABLE OF CONTENTS 4 PREMIUM INSIGHTS.................................................................................................................37 • 4.1 GLOBAL GENOMICS MARKET OVERVIEW.......................................................................................................................37 • 4.2 GLOBAL GENOMICS MARKET, BY TECHNOLOGY...........................................................................................................38 • 4.3 GEOGRAPHIC ANALYSIS OF THE GENOMICS MARKET, BY END USER..........................................................................39 • 4.4 GLOBAL GENOMICS MARKET, BY PROCESS..................................................................................................................40 • 4.5 GEOGRAPHICAL SNAPSHOT OF THE GENOMICS MARKET...........................................................................................41 5 MARKET OVERVIEW..................................................................................................................42 • 5.1 INTRODUCTION...............................................................................................................................................................43 • 5.2 EVOLUTION......................................................................................................................................................................43 • 5.3 MARKET SEGMENTATION................................................................................................................................................45 • 5.4 MARKET DYNAMICS........................................................................................................................................................46 • 5.4.1 DRIVERS........................................................................................................................................................47 • 5.4.1.1 RISING GOVERNMENT FUNDING AND GROWTH IN THE NUMBER OF GENOMICS PROJECTS................................................................................47 • 5.4.1.2 DECREASING SEQUENCING COSTS........................................................................................48 • 5.4.1.3 GROWING APPLICATION AREAS OF GENOMICS.....................................................................48 • 5.4.1.4 INCREASING AWARENESS OF GENOMICS..............................................................................48 • 5.4.1.5 ENTRY OF NEW PLAYERS AND START-UPS IN THE GENOMICS MARKET..............................50 • 5.4.2 RESTRAINTS..................................................................................................................................................51 • 5.4.2.1 HIGH COST OF GENOMIC EQUIPMENT...................................................................................51 • 5.4.2.2 PRIVACY ISSUES RELATED TO GENETIC INFORMATION.........................................................51 • 5.4.2.3 SHORTAGE OF TRAINED PROFESSIONALS..............................................................................52 • • • • 5.4.3 OPPORTUNITY...............................................................................................................................................53 5.4.3.1 USE OF GENOMICS IN SPECIALIZED/PERSONALIZED MEDICINE..........................................53 5.4.4 CHALLENGE...................................................................................................................................................54 5.4.4.1 SECURE STORAGE OF LARGE VOLUME OF SEQUENCED DATA..............................................54 • [email protected] www.marketsandmarkets.com 14