What Is The Genomics Market Overview In 2022?
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The genomics market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 18%, as per The Business Research Company’s market report!
Read More On The Genomics Market Report 2022 – https://www.thebusinessresearchcompany.com/report/genomics-global-market-report
The Genomics Market Size In 2022 And Forecast
The global genomics market is expected to grow from $27.58 billion in 2021 to $32.56 billion in 2022 at a compound annual growth rate (CAGR) of 18.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The genomics market is expected to reach $63.50 billion in 2026 at a CAGR of 18.2%.
The genomics market consists of sales of single-cell genomics and related goods.
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Rising Government Funds For Research On Genomics Is Driving The Growth Of The Genomics Market
For instance, in 2019, the HudsonAlpha Institute for Biotechnology in Huntsville, Alabama, has been selected by the All of Us Research Program to investigate the application of cutting-edge DNA sequencing technologies that could potentially enhance diagnosis and treatment of many common and rare diseases. The National Center for Advancing Translational Sciences (NCATS) has funded $7 million for the research.
Competitive Landscape And The Regional Analysis Of The Genomics Market
Major players in the genomics market are 10X Genomics, Qiagen NV, Fluidigm Corporation, Johnson & Johnson Private Limited, Zephyrus Biosciences Inc., Illumina Inc., Affymetrix, Angle PLC, Denovo Sciences Inc., Diagnologix LLC, DNA Electronics Ltd, Enumeral, Epic Sciences, Kellbenx Inc., Resolution Bio Science Inc., Wafergen Bio-systems Inc., Yikon Genomics Co. Ltd, Thermo Fisher Scientific Inc., CellBio, Beckman Coulter, Becton Dickinson, Bio-Rad, Carl Zeiss Microscopy, Cell Microsystems, Cellsee Diagnostics, CellSorter, Cytena, CytoTrack, Dolomite Bio, Agilent Technologies Inc., and Fluxion Biosciences.
The Genomics Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the genomics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the 3D cell culture technologies market.
New Product Launches – A Key Trend In The Genomics Market
Companies are investing in new product launches to increase their revenue and expand their consumer base and also for gaining a competitive edge over their rivals.
Genomics Market Segmentation By The Business Research Company
1) By Product Type: Instrument (Including Systems, Service Contract And Software), Reagents (Including Reagents And Consumables)
2) By Process: Cell Isolation, Sample Preparation, Genomic Analysis
3) By End User: Academic Institutes, Biopharmaceutical Companies, Clinical Research Institutes
Here Are Some Reports Related To The Genomics Market –
3D Cell Culture Technologies Global Market Report 2022
Cell Culture Global Market Report 2022
Single-Cell Analysis Global Market Report 2022
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