HealthcareServices

Genomics Services Industry Growth Insights: Revenue Forecast to 2030

February 27, 2026 by Marketing Posting

Uncover key drivers, emerging technologies, and competitive movements shaping the genomics services market from 2026–2035 with trusted insights from The Business Research Company

What are the forecasted starting (2026) and ending (2030) market sizes for the Genomics Services Market?

The genomics services market has expanded quickly in recent years. It is anticipated to increase from $18.29 billion in 2025 to $21.56 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 17.9%. The market’s past growth is primarily due to early acceptance by research institutes, the commercialization of sequencing services, an uptick in biopharma research, the presence of skilled bioinformaticians, and the broadening of laboratory services.

The genomics services market is anticipated to experience substantial expansion over the next few years. It is projected to reach a value of $37.78 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 15.0%. This forecasted growth can be linked to its increasing integration into routine clinical care, the rising demand for preventive genomics, the development of companion diagnostics, the incorporation of digital health solutions, and the proliferation of genomics startups. Significant trends expected during this period include a growing requirement for sequencing and interpretation services, the broadening of personalized genomic health services, an increase in the outsourcing of genomic analysis, the wider adoption of clinical genomics services, and the advancement of population-scale genomics projects.

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What Drivers Are Supporting Technological Adoption In The Genomics Services Market?

The rising requirement for gene therapy is anticipated to boost the expansion of the genomics services market in the future. This therapy represents a medical approach designed to manage or avert illnesses by tackling their core genetic problem. Gene therapy offers precise interventions for inherited conditions and persistent ailments by rectifying their root genetic factors. In the context of gene therapy, genomic services play a crucial role in identifying the appropriate tissue, measuring and describing viral vectors, and assessing the potential for shedding. For example, in April 2024, the U.S. The Food and Drug Administration (FDA), a US-based government regulatory agency, indicated that more than 80% of rare diseases are rooted in a known genetic foundation. The FDA has given its approval to 22 gene therapy products, with the majority targeting rare disorders. Consequently, the expanding need for gene therapy is fueling the development of the genomics services market.

What Segment Types Are Examined In 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 Upcoming Trends Are Likely To Define The Future Path Of The Genomics Services Market?

Key companies operating in the genomics services market are prioritizing the expansion of their product offerings by integrating advanced options, such as sophisticated long-read sequencing services. This move is intended to address the escalating demand for comprehensive genomic analysis and personalized medicine. Advanced long-read sequencing services employ innovative technologies to scrutinize genetic material, producing more extensive sequence reads which facilitate a deeper and more precise characterization of DNA and RNA. For example, in April 2024, Clinical-Microbiomics A/S, a biotechnology firm located in Denmark, unveiled advanced long-read sequencing services. These offerings include 16S, ITS, 18S rRNA, isolate, and metagenomics sequencing. These services are specifically engineered to satisfy the strict requirements of academic, clinical, and industrial researchers, delivering unparalleled resolution and quality for microbial analysis. The enhanced long-read sequencing capabilities, which cover a wide array of sequencing options, aim to set new standards for microbial analysis and microbiome research. These innovations signify a major leap forward in microbiome research, equipping researchers with detailed insights into microbial communities and enabling transformative discoveries within the field.

Who Are The Top-Performing Companies In The Genomics Services Market In Recent Years?

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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How Does The Genomics Services Market Perform Across Major Global Regions?

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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