This report focuses on the Genomics Market by Manufacturers, Regions, Type and Application, exclusively in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on type, application, regions, and manufacturers.
Industry Outlook and Trend Analysis:
The global genomics market was evaluated around USD 10.06 billion in the 2012 and is expected to reach approximately USD 27.24 billion by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of 10.48% over the forecast period. Genomics is a division of biology that includes the study of genes and their works and implements bioinformatics, recombinant DNA, and DNA sequencing methods to study sequence, and pull together the function and structure of genomes. It involves functional genomics, comparative genomics, Pharmacogenomics, structural genomics, and epigenomics. Genomics has rendered numerous applications in several fields like biotechnology, anthropology, genomic medicine, and other sciences. The global genomics market has experienced a rise in industry potential owing to technological innovations as new informatics accesses that amalgamate various forms of data with genomic data in illness research which permitting researchers to understand the genetic bases of a variety of drug response and diseases more effectively. Additionally, a rise in partial or full compensation for this industry by the government of particular countries, growing the occurrence of fatal diseases like diabetes, cancer, and others provide the rise in their requirement in the global development. Escalating accesses for novel genomics tools and techniques, calculate their benefit to the patient and concentrate on steps to execute it and rising genome profiling technologies are anticipated to expand the genomics industry at the rapid rate. The finely-distributed network of medical laboratories is contributing to faster and easy acceptance of genomics techniques and products.
Major Key Players:
The major market players for global genomics market include Affymetrix, Inc., Agilent Technologies, BGI, Bio-Rad Laboratories Inc., GE Healthcare, Illumina Inc., Qiagen, Roche Diagnostics, Life Technologies Corporation, Cepheid, Inc., and others. Tactical partnerships, acquisitions, new product launches and geographic growth are the most frequently used strategies by the majority companies in the global market.
Regional Outlook and Trend Analysis:
In 2013, European regional market reported for the leading share of the global genomics market at around 43.0% market share. The rising incidence of cardiovascular disorders and genetic disorders along with growing investments in genomics and proteomics is anticipated to fuel the market growth. Though, the market is anticipated to lose its share over the projected period since European economic crisis and the occurrence of irregular refund policies are a few of the restraining factors for the market growth. The Asia Pacific regional genomics market is projected to grow at the top compound annual growth rate of around 12.7% over the forecast period owing to rising awareness as well as adoption of a variety of genomics techniques in developing countries like China and India for treatment, prognosis and detecting a range of genetic diseases like diabetes, cancer, and others. Besides to this, amending medical infrastructure, high unfulfilled medical requirements, increasing disposable earnings of incomes and rising health care spendings are also the driving factors for the expansion of this market.
The global genomics market is segmented as follows :
By Product: Instruments, Consumables & Services
By Application: Drug Discovery and Development, Academic Research, Agriculture, Diagnostics & Personalized Medicines
By Technology: DNA Microarray, Nucleic Acid Extraction and Purification, PCR & DNA Sequencing
By Region: North America: (U.S, Canada & Mexico), Europe: (Germany, France, UK, Italy, Spain & Rest of Europe), Asia-Pacific: (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific) and Rest of the World: (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates & Others)
Product Outlook and Trend Analysis:
According to the product, the global genomics market is split into consumables, services, and instruments. In 2013, consumables seized the major share of the global product market at around 59.6% and are predicted to grow at the maximum compound annual growth rate over the forecast years as a result of rising commercial implementation of genomic testing for diverse applications together with decreasing the price of mounting applications and consumables.
Major ToC Genomics Market:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.2. Market Dynamics
Chapter 4. Genomics Market, By Product
4.2. Genomics Market Assessment and Forecast, By Product, 2012-2022
Chapter 5. Genomics Market, By Application
5.2. Genomics Market Assessment and Forecast, By Application, 2012-2022
5.3. Drug Discovery and Development
5.4. Academic Research
5.7. Personalized Medicines
Chapter 6. Genomics Market, By Technology
6.2. Genomics Market Assessment and Forecast, By Technology, 2012-2022 ($Million)
6.3. DNA Microarray
6.4. Nucleic Acid Extraction and Purification
6.6. DNA Sequencing
Chapter 7. Genomics Market, By Region
7.2. Genomics Market Assessment and Forecast, By Region, 2012-2022 ($Million)
7.3. North America
7.6. Rest of the World
Chapter 8. Company Profiles
8.2. Bio-Rad Laboratories Inc.
8.3. Agilent Technologies
8.4. Affymetrix, Inc.
8.5. GE Healthcare
8.7. Illumina Inc.
8.8. Roche Diagnostics
8.10. Life Technologies
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