2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Drivers Are Shaping the Growth and Development of theGenomics Market?

Government funding dedicated to genomics research is driving the expansion of the single-cell genomics market. These funds focus on understanding the complexities of the human genome, identifying the genetic foundations of health and diseases, and ensuring genomics is applied safely to enhance patient care and benefit society through government, public, and private institutions. For example, in December 2022, the UK government allocated £175 million ($229.83 million) to improve genomic healthcare, emphasizing innovative technologies to better diagnose and treat various diseases, such as cancer and rare genetic disorders.

Get Your Free Sample Report Now – Explore Exclusive Market Insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=2813&type=smp

#How Will the CAGR of the Genomics Market Influence Its Overall Growth by 2034?

The genomics market has grown rapidly in recent years. It will increase from $45.47 billion in 2024 to $53.92 billion in 2025, at a CAGR of 18.6%. The growth is attributed to a reduction in sequencing costs, advancements in research and discovery, healthcare applications, and personalized medicine.

The genomics market is anticipated to see exponential growth, projected to reach $112.78 billion by 2029 at a CAGR of 20.3%. This growth is driven by increased awareness and education, advancements in drug development and therapeutics, diagnostic applications, and regulatory frameworks. Key trends include technological advancements, genomic sequencing in agriculture, and the growth of genomic data analytics through collaboration and partnerships.

You can Directly Purchase the Report Here:

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2813

Which Upcoming Market Trends and Innovations Are Set to Influence theGenomics Market’s Path Forward?

In the genomics market, major companies are focusing on advancements like long-read sequencing technology to improve the accuracy of genome sequencing, enabling the analysis of larger and more complex genetic regions. This technology provides deeper insights into genetic variations that were previously hard to detect. For example, in March 2023, Illumina Inc., a US-based biotechnology company, introduced the Complete Long Read Prep, an efficient, low-input solution for whole-genome sequencing that combines both long and short-read data on the same device, with simplified workflows and fewer required materials compared to other technologies.

What Are the Leading Market Players Impacting theGenomics Market’s Growth Trend?

Major companies operating in the genomics market include 10X Genomics Inc., Qiagen NV, Standard BioTools Inc., Johnson and Johnson, Illumina Inc., Affymetrix Inc., Angle plc, Denovo Sciences Inc., Diagnologix LLC, DNA Electronics Ltd., Epic Sciences, Kellbenx Inc., Resolution Bioscience Inc., Wafergen Bio-systems Inc., Yikon Genomics Co. Ltd., Thermo Fisher Scientific Inc., Beckman Coulter Inc., Becton, Dickinson and Company, Bio-Rad Laboratories Inc., Carl Zeiss Microscopy GmbH, Cell Microsystems Inc., CellSorter, CYTENA GmbH, Dolomite Bio Limited, Agilent Technologies Inc., Fluxion Biosciences Inc., BGI Group, F. Hoffmann-La Roche AG, Oxford Nanopore Technologies Ltd., Pacific Biosciences of California Inc., Eurofins Scientific SE, Danaher Corporation, PerkinElmer Inc.

Order Your Report Now For A Swift Delivery:

https://www.thebusinessresearchcompany.com/report/genomics-global-market-report

How Are the Key Segments of the Genomics Market Driving Opportunities and Innovations?

The genomics market covered in this report is segmented –

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

Subsegments:

1) By Instrument: Systems, Service Contracts, Software

2) By Reagents: Kits, Consumables

Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!

https://www.thebusinessresearchcompany.com/customise?id=2813&type=smp

What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theGenomics Market?# Market Expansion?

North America was the largest region in the genomics market in 2023. Western Europe was the second largest region in the genomics market. The regions covered in the genomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Browse Through More Reports Similar to the Global Genomics Market 2025, By The Business Research Company:

Molecular Diagnostics Global Market Report 2022

https://www.thebusinessresearchcompany.com/report/molecular-diagnostics-global-market-report

Microbiome Global Market Opportunities And Strategies To 2031

https://www.thebusinessresearchcompany.com/report/microbiome-market

Laboratory Automation Systems Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/laboratory-automation-systems-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: