The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest genomics market share.

The global genomics market is expected to grow from $32.56 billion in 2022 to $38.45 billion in 2023 at a compound annual growth rate (CAGR) of 18.1%. The genomics market is expected to grow from $76.28 billion in 2027 at a CAGR of 18.7%.

Major Driver In The Genomics Market ­– Rise In Government Funds For Research On Genomics
For example, the US government announced a $1.7 billion investment in April 2021 to improve the identification, monitoring, and reduction of SARS-CoV-2 mutations, as well as to strengthen infrastructure for additional genome sequencing. The money was announced by the American Rescue Plan. The funds would be distributed at different times through three unique programmes.

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Key Genomics Market Segments
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

Recent Genomics Market Trend – Launching New Product
Companies are investing in new product releases to grow revenue, expand their consumer base, and gain a competitive advantage over their competitors. For example, QIAGEN, a Netherlands-based provider of sample and assay technologies for molecular diagnostics, applied testing, academic, and pharmaceutical research, announced the release of the QIAprep& CRISPR Kit and CRISPR Q-Primer Solutions in June 2021, allowing researchers to analyse edited genetic material with unprecedented speed and efficiency to determine how their interventions have changed the function of the DNA sequence in question.

Genomics Market Prominent Players
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.

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The Genomics Global Market Report 2023  provides a comprehensive overview on the genomics market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the genomics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Genomic science is the study of genomes. Single-cell genomics is a novel way of classifying individual cells from a tissue sample, capable of defining distinct characteristics and detecting unusual cell types. Intragenomic phenomena such as pleiotropy, epistasis, heterosis, and other interactions between loci and alleles inside the genome are studied using genomics.

View More Related Reports –
Genomics In Cancer Care Global Market Report 2023
Pharmacogenomics Global Market Report 2023
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