According to the new market research report by IndustryARC titled “Genomics
Market: Product Types (DNA Microarrays, Sequencers, PCR)
Services (Bioinformatics, DNA Sample Sequencing, De Novo, SNPS, Gene
Expression) and Geography and Forecast (2018– 2023)”, the
market is driven by different end user applications such as medicine,
Biotechnology, and Anthropology.
Americas dominates the Genomics Market
Americas will dominate the Genomics Market during the forecast period.
This growth isdue to investments in the life sciences projects and boom in the
pharmaceuticals manufacturing,both at the domestic and global level. The
American region is expected to reach $3625.71 million by 2023 at a CAGR of
7.74%. In Europe, Germany and UK are the leading regions in the market due to
increasing investments in healthcare and pharmaceutical sectors. The European
countries are now choosing advanced products such as genetic engineered drugs,
precision medicine, and others. In the Asia Pacific, China and Japan are the
dominant regions, whereas the improvement in healthcare infrastructure in India
and South East Indian nations is expected to spur the Genomics Market in the
future.
Selected Analysis done in the full Report:
The Anthropology segment reached a revenue of $183.2 million in 2014. It
is expected to generate revenue of $284.6 million by 2023 growing at a CAGR of
4.59% during the forecast period. Anthropology is one of the most important end
user an application in Genomics .It is also known as molecular anthropology. It
studies the primate phylogeny and human evolution through the genetic
information decoded by the proteins and polynucleotides. Molecular Anthropology
covers important aspects of the human evolution such as restoration of the
history of human population, and characterization of DNA in extinct humans.
Using DNA sequences, scientists can trace the familiarity of the relationships
between populations. It can also determine the evolution of humans and other
primates, including the associated species like chimps and gorillas.
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of our sales representative about the full report by providing your details in
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Excerpts on Market Growth Factors
- The pharmaceutical industry is moving towards the concept of personalized medicine whichinvolves identifying the genomic sequence to provide correct drugs along with the right dosage. The involvement of human genes in drug development has changed the paradigm of the pharmaceutical industry. This factor drives the growth of Genomics.
- Various government initiatives for promoting genomics favors the growth of the Genomics Market. For example, Stratified Medicine Scotland Innovation Centre developed in 2014, maps genetic mutations to battle chronic diseases and improve the treatment process.
- The price of DNA sequencing has been reduced. The entire human genome sequence can be mapped in $1,000 dollars, which was close to $3000 million dollars in the last decade. This has been possible due to the grant scheme which is run by the U.S. government. This scheme provides grants to scientists and researchers which has led to the growth of the market as new companies enter this market.
Key players of the Genomics Market
Roche Diagnostics, Life Technologies and
Illumina dominate the Genomics Market. There are two business divisions in
Roche Diagnostics namely pharmaceuticals and diagnostics. In pharmaceuticals,
there are products for Oncology, infectious diseases, immunology and other
areas. In Diagnostics division, there are products for molecular diagnostics,
tissue diagnostics, and diabetes. Sequencing and array based solutions are
offered by Illumina for genetic analysis. Products for sequencing, arrays, and
consumables are manufactured by Illumina. Life Technologies is a Biotechnology
company that provides services that help researchers to speed up scientific
exploration.
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Genomics Market is segmented as below
Growth of end user applications such as anthropology, agriculture,
cytogenetics, and diagnostics drives the Genomics Market.
A. Genomics Market By Service Industry Analysis
1. Bio-Informatics
Database
2. Bio-Informatics Tools
3. Laboratory Services
3.1 DNA Sample
Sequencing
3.2 . De Novo Sequencing
3.3 Targeted Re-Sequencing
3.4 Individual Genome Sequencing
3.5 .Snps Analysis
3.6 Molecular
Biology
3.7 Gene Expression
Analysis
3.8 . Genotyping Service
3.9. Biomarker
Solutions
B. Genomics Market By End user Application
1. Anthropology
2. Agriculture
3. Cytogenetics
4. Diagnostics
5. Drug Discovery
6. Toxicogenomics
7. Others
C. Genomics Market by Geography(covers 9+ countries)
D. Genomics Market Entropy
E. Companies Citied / Interviewed
1. LUMINEX CORPORATION
2. MYRIAD GENETICS INC
3. THERMO FISHER
SCIENTIFIC INC.
4. PACIFIC BIOSCIENCES OF CALIFORNIA, INC
5. GE HEALTHCARE
6. PERKINELMER INC.
7. BAYER HEALTHCARE LLC
8. F. HOFFMANN-LA ROCHE
LTD
9. ILLUMINA, INC.
10. AGILENT TECHNOLOGIES
INC.
11. Company 15+
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What can you expect from the report?
The Genomics Market Report is Prepared with the Main Agenda to Cover the
following 20 points:
1.
Market Size by Product Categories
2.
Market trends
3.
Manufacturer Landscape
4.
Distributor Landscape
5.
Pricing Analysis
6.
Top 10 End user Analysis
7.
Product Benchmarking
8.
Product Developments
9.
Mergers & Acquisition Analysis
10.
Patent Analysis
11.
Demand Analysis (By Revenue &
Volume)
12.
Country level Analysis (15+)
13.
Competitor Analysis
14.
Market Shares Analysis
15.
Value Chain Analysis
16.
Supply Chain Analysis
17.
Strategic Analysis
18.
Current & Future Market Landscape
Analysis
19.
Opportunity Analysis
20.
Revenue
and Volume Analysis
Frequently Asked Questions:
Q. Does IndustryARC publish country or application based reports in
Genomics segment?
Response: Yes, we do have separate reports as mentioned below:
1.
Americas Genomics Market(2018-2023)
2.
Europe Genomics Market(2018-2023)
3.
Asia Pacific Genomics Market(2018-2023)
4.
Anthropology Genomics Market(2018-2023)
5.
Agriculture Genomics Market(2018-2023)
6.
Cytogenetics Genomics Market(2018-2023)
7.
Diagnostics Genomics Market(2018-2023)
Q. Does IndustryARC provide customized reports and
charge additionally for limited customization?
Response: Yes, we can customize the report by extracting data
from our database of reports and annual subscription databases. We can provide
the following free customization:
1. Increase the level of data in application or end user industry.
2. Increase the number of countries in geography chapter.
3. Find out market shares for other smaller companies or companies which
are of interest to you.
4. Company profiles can be requested based on your interest.
5. Patent analysis, pricing, product analysis, product benchmarking,
value and supply chain analysis can be requested for a country or end use
segment.
Any other custom requirements can be discussed with our team, drop an
e-mail to sales@industryarc.com to discuss more about our consulting
services.
To request for a proposal, provide your details in the below link:
Media Contact:
Mr. Venkat Reddy
Sales Manager
Email 1: sales@industryarc.com
Contact Sales: +1-614-588-8538 (Ext-101)
About IndustryARC:
IndustryARC is a
Research and Consulting Firm that publishes more than 500 reports annually, in
various industries such as Agriculture, Automotive, Automation &
Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food
& Beverages, Information Technology, Life sciences & Healthcare.
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