Healthcare Industry Genomics In Cancer Care Market Insights, 2024 | Page 2

Hexa Research

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The worldwide Genomics In Cancer Care Market is categorized on the basis of the following parameters : products , applications , technologies , end users , and regions . As per products , the trifurcations are consumables & reagents , instruments , and services . When it comes to target specific treatment , demand for instruments is by far the highest . This segment may witness robust growth over the next couple of years . Rising awareness among the masses about the availability of several treatment & diagnostic options can drive the market for services . Based on applications , the industry is segmented into personalized medicine , research , diagnostics , and drug discovery & development . The research segment is highly lucrative and thus holds a major share in the overall industry .
Various technologies employed in the Genomics In Cancer Care Market are nucleic acid extraction & purification , genome sequencing , microarray , PCR ( polymerase chain reaction ), and others . ‘ Others ’ refers to bioinformatics and flow cytometry . Genome sequencing facilitates effective & precise diagnosis . This is a key aspect that may fuel the genome sequencing segment in the years to come . The introduction of highly advanced instruments for genomics processes may drive the PCR & microarrays segments . Furthermore , these instruments are widely employed in biotechnological applications . Key end users in the genomics in cancer care industry are academic institutes , research organizations , and hospitals . The other end users are commercial organizations , physician offices , and even diagnostic laboratories .
As per regions , the worldwide Genomics In Cancer Care Market is divided into Latin America , North America , Europe , Asia Pacific , and the Middle East & Africa . Due to widespread awareness , North America may continue leading the biotechnology industry from 2016 to 2024 . Asia Pacific may register a high growth rate due to factors , such as better healthcare infrastructure , steady government assistance , and untapped
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