The use of genomics is expanding in the medical industry, which is creating growth opportunities for the Global Genomics Market. Fortune Business Insights in a new report, titled “Genomics: Global Market Analysis, Insights and Forecast, 2019-2026” offers valuable insights into the factors enabling growth in the market.
Genomics Market is most commonly used for the diagnosis of cancer. Recent advancements in personalized medicine and genomics have bought significant transformations in disease management. The growing use of genomics in several clinical trials is reflecting a growing trend. Consequently, The Global Genomics Market is expected to rise at an exponential CAGR of 18.7% between 2018 and 2026. In 2018, the market was valued at US$ 15,888.8 Mn and it is anticipated to reach US$ 62,614.6 Mn by 2026.
By Product Type
- DNA Methylation
- Histone Methylation
- Histone Acetylation
- MicroRNA Modification
- Large Non-coding RNA
- Chromatin Structures
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Veritas Genetics Launched myGenome to Offer Personalized Services to its Customers
General Electric Company, Thermo Fisher Scientific Inc., Oxford Nanopore Technologies, Agilent Technologies, Inc., IntegraGen, QIAGEN, BGI, F. Hoffmann-La Roche Ltd, Danaher, and Illumina, Inc. are some of the leading players in the global genomics market. Among these, F. Hoffmann-La Roche Ltd, Agilent Technologies, Inc., and Illumina, Inc. are projected to dominate the global market. Strong geographical presence and robust portfolio are factors responsible for their prominent position in the market. Several companies are entering into strategic alliances to better their market position and increase revenue.
Bristol Myers Squibb collaborated with Foundation Medicine in March 2017. This collaboration will help the former company to leverage the latter’s molecular information and genomic profiling solutions. Furthermore, it will help Bristol Myers to identify biomarkers such as Microsatellite Instability (MSI) and Tumor Mutational Burden (TMB) in cancer patients. Another company called 10X Genomics acquired an epigenomics-based startup called Epinomics in August 2018. This acquisition will help the company strengthen its market position.
Some major points from Table of Content:
4.1GenomicsResearch Spending – For Key Countries, 2018
4.2RegulatoryScenario – For Key Countries
4.3Overview ofGenomics Service Provider
4.5Start-upswith their Funding Overview
4.5Key IndustryDevelopments – Mergers, Acquisitions and Partnerships
5.Global Genomics Market Analysis,Insights and Forecast, 2015-2026
5.1.KeyFindings / Summary
5.2.MarketAnalysis, Insights and Forecast – By Type
5.3.MarketAnalysis, Insights and Forecast – By Technology
5.3.1PolymeraseChain Reaction (PCR)
5.4.MarketAnalysis, Insights and Forecast – By Application
5.5.MarketAnalysis, Insights and Forecast – By End User
5.5.2HealthcareFacilities & Diagnostic Centers
5.5.3Pharmaceutical& Biotechnological Companies
5.5.4ContractResearch Organization (CROs)
5.6.MarketAnalysis, Insights and Forecast – By Region
5.6.5MiddleEast & Africa
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