Healthcare Services

Global Genomics Services Market Expected to Reach $37.78 Billion by 2030 with 15% CAGR

April 1, 2026 by Marketing Posting

The Business Research Company’s 2026 market reports include new capabilities such as market attractiveness scoring and analysis, total addressable market analysis, company scoring matrix, interactive excel data dashboard, improved supply chain analysis, upcoming startups in the market, and overview of key products, aimed at improving the depth, usability, and strategic value of the insights delivered.

What Market Valuation Is Forecasted For The Genomics Services Market By 2030 Starting From Its 2026 Size?

The genomics services market size has witnessed rapid growth in recent years. This market is expected to expand from $18.29 billion in 2025 to $21.56 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 17.9%. The historical growth of the market can be attributed to factors such as early adoption by research institutes, the commercialization of sequencing services, an increase in biopharma research, the availability of skilled bioinformaticians, and the expansion of laboratory services.

The size of the genomics services market is projected to experience substantial expansion over the coming years. It is anticipated to reach $37.78 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 15.0%. Key drivers for this growth during the forecast period include its integration into routine clinical care, the increasing demand for preventive genomics, the expansion of companion diagnostics, the integration of digital health solutions, and the proliferation of genomics startups. Significant trends expected in the forecast timeframe encompass a rising demand for sequencing and interpretation services, the broadening of personalized genomic health services, an uptick in the outsourcing of genomic analysis, the greater adoption of clinical genomics services, and the development of population-scale genomics projects.

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What Drivers Are Shaping The Future Growth Of The Genomics Services Market?

The increasing demand for gene therapy is anticipated to boost the growth of the genomics services market moving forward. Gene therapy is a medical approach used to treat or prevent diseases by addressing the fundamental genetic issue. It delivers targeted treatments for genetic disorders and chronic diseases by resolving their underlying genetic causes. Genomic services play a role in gene therapy for targeting the correct tissue, quantifying and characterizing viral vectors, and understanding the risk of shedding. For instance, in April 2024, according to U.S. The Food and Drug Administration (FDA), a US-based government regulatory agency, reported that over 80% of rare diseases have a known genetic basis. The FDA has approved 22 gene therapy products, with most being for rare disorders. Therefore, the growing demand for gene therapy is propelling the expansion of the genomics services market.

Which Segment Categories Define The Genomics Services Market?

The genomics services market covered in this report is segmented –

1) By Product: Instruments Or Systems Or Software, Consumables And Reagents

2) By Services Type: Gene Expression Services (RNASeq), Epigenomics Services, Genotyping, Next-Generation Sequencing, Sanger Sequencing, Other Service Types

3) By End-User: Research Institutes, Healthcare Facilities And Diagnostic Centers, Pharmaceutical And Biotechnological Companies, Contract Research Organizations (CROs), Other End Users

Subsegments:

1) By Instruments Or Systems Or Software: Sequencing Instruments and Platforms, Bioinformatics and Genomic Data Analysis Software

2) By Consumables And Reagents: Library Preparation Kits and Sample Preparation Reagents, Sequencing Reagents and Flow Cells

What Key Developments And Trends Are Impacting The Genomics Services Market?

Key players within the genomics services market are concentrating on broadening their service offerings to include sophisticated solutions like advanced long-read sequencing services, driven by the growing need for extensive genomic analysis and tailored medical treatments. These advanced long-read sequencing services leverage state-of-the-art technologies for examining genetic material, utilizing longer sequence reads to enable a more exhaustive and precise characterization of both DNA and RNA. An illustrative example is seen in April 2024, when Clinical-Microbiomics A/S, a biotechnology firm based in Denmark, introduced advanced long-read sequencing services encompassing 16S, ITS, 18S rRNA, isolate, and metagenomics sequencing services. Designed to fulfill the exacting demands of academic, clinical, and industrial researchers, these offerings deliver unmatched resolution and superior quality in microbial analysis. These improved long-read sequencing capabilities, which cover a broad spectrum of sequencing choices, aspire to elevate the benchmarks for microbial analysis and microbiome research. Such progress represents a crucial advancement in microbiome research, equipping investigators with granular understanding of microbial communities and fostering pioneering discoveries in this domain.

Who Are The Top Companies Competing In The Genomics Services Market?

Major companies operating in the genomics services market are Thermo Fisher Scientific Inc., Danaher Corporation, Laboratory Corporation of America Holdings, Quest Diagnostics Incorporated, Eurofins Scientific SE, Agilent Technologies Inc., Illumina Inc., PerkinElmer Inc., QIAGEN Inc., LGC Limited, Myriad Genetics Inc., Q2 Solutions Inc., BGI Genomics Inc., 10x Genomics Inc., Invitae Corporation, Fulgent Genetics Inc., 23andMe Inc., Oxford Nanopore Technologies plc, Color Genomics Inc., GENEWIZ Inc., Foundation Medicine Inc., Pacific Biosciences Inc., Avance Biosciences Inc., Macrogen Inc

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Which Geographic Regions Are Influencing Demand In The Genomics Services Market?

North America was the largest region in the genomics services market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the genomics services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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