Latest Industry study on Contract Research Organizations , Industry Global Genomics Market Analysis by Product

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
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).
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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