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Global Genomics Market Analysis by Product (Instruments and Consumables);
Application (Precision Medicine, Diagnostics, Drug Discovery & Development, and
Other Applications); Technology (PCR, Sequencing, Nucleic Acid Extraction &
Purification, Microarray and Other Technologies) to 2025
Genome can be defined as an organism-2019s set of DNAs. Genomics is a branch of science
that helps to understand the functions, structure, and evolution of genes. In the recent
years, there has been an increase in the genomics owing to rising research activities and
increase in number of initiatives to promote personalized medicine. The genomics market is
also driven by increasing applications of genomics in cancer therapy and in early detection
of other diseases.
The genomics market is expected to witness a significant growth rate in the coming years
owing to rise in availability of funding for research activities, increasing government
initiatives by governments of various countries, growth in the adoption of personalized
medicine, declining costs of sequencing, and increase in number of genomic sequencing
initiatives. Factors such as rise in number of star-up companies in India and China and
application of genomics in prevention & treatment of genetic diseases are expected to offer
opportunities for the market growth in the years to come.
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The Global Genomics Market can be segmented based on product & service, application,
technology, and geography. The market based on product can be segmented into
instruments and consumables. Based on the application the market can be classified as
precision medicine, diagnostics, drug discovery & development, and other applications. The
Genomics market based on technology can be segmented as PCR, sequencing, nucleic acid
extraction & purification, microarray and other technologies. The market based on region, is
segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and
Africa (MEA).
Top Players:-
 Agilent Technologies
 Illumina
 Thermo Fisher Scientific
 Qiagen
 Eurofins Scientific