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Global genomics market size is expected to reach $93.79 Bn by 2028 at a rate of 19.5% segmented as by product type, instrument (including systems, service contract and software), reagents (including reagents and consumables)<br>
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Genomics Report 2024 Market Size, Trends and Global Forecast 2024-2033
Genomics Segments The Business Research Company segments it’s Genomics report as: By Product Type Instrument (Including Systems, Service Contract And Software), Reagents (Including Reagents And Consumables) Cell Isolation, Sample Preparation, Genomic Analysis By Process By End User Academic Institutes, Biopharmaceutical Companies, Clinical Research Institutes
Market Statistics The genomics market size has grown rapidly in recent years. It will grow from $38.7 billion in 2023 to $45.95 billion in 2024 at a compound annual growth rate (CAGR) of 18.7%. The growth in the historic period can be attributed to reduction in sequencing costs, research and discovery, healthcare applications, personalized medicine. The genomics market size is expected to see rapid growth in the next few years. It will grow to $93.79 billion in 2028 at a compound annual growth rate (CAGR) of 19.5%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers Rising government funds for research on genomics drives the growth of the single-cell genomics market. Trends The technology limitation in single-cell genomics hinders the growth of the single-cell genomics market. • Region North America was the largest region in the genomics market in 2023.
Key Market Players • Major players in the Genomics are: • 10X Genomics Inc. • Qiagen NV • Standard BioTools Inc. • Johnson and Johnson • Illumina Inc Get More Information On The Genomics Report
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