Zion Market Research Global Genomics Market, 2016–2024 | страница 3

Genomics Market
Global Genomics Market: Growth Factors
The major factors contributing to boosting the growth of the global genomics market include the
rising grants, funds, & expenditure by the government, growing research in the genomics field,
rising digit of start-up industries; and growing application in diagnostics for genomic sequencing.
However, strict regulatory authorities and the huge cost of the systems and instruments of
genomic sequencing are few factors that can hinder the growth of the market.
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Global Genomics Market: Segmentation
The global genomics market can be segmented based on technology, application, product, end-
user, process, and region. The technology segment of the market is sub-segmented into
polymerase chain reaction, sequencing, nucleic acid extraction and purification, microarray
technology, and other applications. The application segment of the market is divided into
personalized medicine, diagnostics, agriculture and animal research, drug discovery and
development, and other applications. The product segment of the genomics market is diversified
into services, instruments/systems, and consumables. The end-user segment of the market is
sub-segmented into pharmaceutical & biotechnology companies, research centers, academic
institutes & government institutes, hospitals & clinics, and other end users. The process
segment of the genomics market is classified into sequencing & imaging, library preparation,