Genomics Market Projected to Expand at 10.5% CAGR Through 2025
The factors for the growth of the Genomics market are the gradually increasing number of genomics projects and rising government funding are catalyzing the growth of genomics. According to MarkNtel Advisors’ research report titled “Global Genomics Market Analysis, 2020”, the Global Genomics market is anticipated to grow at a CAGR of around 10.5% during 2020-25.
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Strategic Takeaways from the Report:
- Market Sizing and Forecasting
- Regulatory and Policy Influence
- Competitive Trends and M&A Activity
- Innovation Drivers and Disruptive Technologies
- Investment Hotspots and Emerging Niches
- Geographical Dynamics and Trade Flows
Genomics Market Segment Overview & Classification
This market is categorized to offer targeted insights across various operational and consumer-related verticals.
Segment List:
By Technology
- PCR
- Sequencing
- Micorarray
- Nucleic Acid Extraction and Purification
By Application
- Diagnostics
- Drug Discovery and Development
- Precision Medicine
- Agriculture and Animal Research
- Functional Genomics
- Epigenetics
- Pathway Analysis
- Biomarker Discovery
By Deliverable
- Products
- Instruments and Software
- Consumables and Regents
- Services
- Core Genomics Service
- NGS-Based Service
- Biomarker Translation Service
- Computational Service
By End-User
- Research Centers and Academic & Government Institutes
- Hospitals and Clinics
- Pharmaceutical and Biotechnology Companies
By Region
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa.
These divisions help clarify demand patterns and expected shifts.
Genomics Market Competitive Snapshot from 2020-2025
The report highlights established and emerging players in the global Genomics Market, evaluating their strengths, challenges, and potential for innovation.
Key Competitors Include:
- Thermofisher Scientific
- Qiagen
- Illumina
- Danaher Corporation
- Bio-Rad Laboratories
- GE Healthcare
- Agilent Technologies
- Oxford Nanopore Technologies
- Perkin Elmer
- Luminex Corporation.
Their activities include partnerships, product launches, and geographic expansions.
Frequently Asked Questions (FAQs):
- What industries are most impacted by this market?
- How is technology reshaping operations and offerings?
- Which competitors dominate the landscape?
- What risks could disrupt market expansion?
- How should businesses respond to demand fluctuations?
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