Genomics Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Genomics Market – Report Overview

Pacific Business Consulting’s “Genomics Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Genomics market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

The global Genomics market, valued at US$ 28.0 Billion in 2022, is projected to grow at a Compound Annual Growth Rate (CAGR) of more than 15.0% from 2023 to 2030, reaching a value of more than US$ 50.0 Billion by 2030.

Genomics is a field of science that studies the genetic material of an organism, encompassing the structure, function, evolution, mapping, and editing of genomes. It deals with the collective characterization and quantification of an organism’s genes, their interrelations, and impact on the organism. Genomics involves the sequencing and analysis of genomes through bioinformatics, using DNA sequencing to gather and analyze the function and structure of complete genomes.

Key factors driving the growth of the genomics market include increased use of genomics in R&D of new drugs, rising competition in the global pharmaceutical industry, a surge in demand for genetically modified animals and plants, reducing prices of genetic procedures, market growth initiatives by private and public organizations, increased demand for nucleic acid sequencing, and the entry of new players in the genomics market. However, challenges such as a lack of skilled professionals, high equipment costs required in genomics, and lack of awareness in some countries are anticipated to restrict market growth.

The growth of the market is attributed to factors such as the growing demand for gene therapy, personalized medicine, drug discovery, increasing cancer incidence, and a significant increase in demand for consumer genomics. The increasing number of joint ventures and partnerships among market players is expected to have a positive impact on market growth.

Genomic surveillance programs launched country-wise, such as the Indian SARS-CoV-2 Genomics Consortium (INSACOG) in India, aimed at understanding the dynamics of the pandemic situation. Companies providing consumer genomics services, such as Mapmygenome in India, contribute to the market’s size.

The increasing prevalence of inherited cancers is expected to create a high demand for cancer genomics. The implementation of Artificial Intelligence (AI) in genomics is gaining popularity, with AI algorithms used to analyze genomic data generated through sequencing technologies.

High-throughput sequencing technologies, including Next-Generation Sequencing (NGS) and microarrays, have generated massive amounts of genomic data. Phenome-wide association study (PheWAS) and genome-wide association study (GWAS) help researchers investigate correlations between genotype and phenotype.

Market players are actively working on collaborations, expansions, acquisitions, and significant capital investments for advanced research. For instance, Pacific Biosciences collaborated with Genomics England for the utility of Pacific Biosciences’s technology to detect genetic variation in unexplained rare disorders.

Key players in the Genomics segment, including Illumina, Inc., Pacific Biosciences, Oxford Nanopore Technologies, Foundation Medicine, Inc., Myriad Genetics, Inc., Agilent Technologies, Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Inc., Danaher, and BGI, are expected to shape the future landscape of Genomics technologies through ongoing innovation.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Genomics market. It also delves into the analysis of present and prospective market competition within the global Genomics market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

• Develop your business strategies by gaining insights into the trends that shape and drive the Genomics market across the 10MM (Ten Major Markets).
• Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Genomics market.
• Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
• Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
• Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.

1. Executive Summary: Genomics
   • Global Market Outlook: Genomics
2. Competitive Intelligence Analysis: Genomics
3. Therapeutic Sector SWOT
4. Technology Roadmap Analysis: Genomics
5. Market Background
   • Drivers
   • Restraints
   • Opportunity
   • Key Market Trends
   • Key Unmet Needs
6. Key Marketed Products Profile – Major Approved Products: Genomics
   • Product Profile
   • Safety and Efficacy
7. Regulatory Landscape
8. Genomics: Ten Major Market (10MM) – Market Analysis, By Technology
   • PCR
   • Microarray
   • Sequencing
   • Others
9. Genomics: Ten Major Market (10MM) – Market Analysis, By Application
   • Functional Genomics
   • Biomarker Discovery
   • Pathway Analysis
   • Epigenetics
   • Others
10. Genomics: Ten Major Market (10MM) – Market Analysis, By End User
    • Hospitals & Clinics
    • Pharmaceutical and Biotechnology Companies
    • Academic & Research Organizations
    • Others
11. Genomics: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Application
      • By End User

12. S. Genomics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Application
      • By End User

13. K. Genomics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Application
      • By End User

14. Germany Genomics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Application
      • By End User

15. France Genomics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Application
      • By End User

16. Italy Genomics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Application
      • By End User

17. Spain Genomics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Application
      • By End User

18. Japan Genomics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Application
      • By End User

19. China Genomics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Application
      • By End User

20. Australia Genomics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Application
      • By End User

21. India Genomics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Technology
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Technology
      • By Application
      • By End User

22. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

23. Assumptions and Acronyms Used
24. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
25. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
26. Copyrights and Disclaimer