DUBLIN--(BUSINESS WIRE)--The "Genomics Market to 2025 - Global Analysis and Forecasts by Technology, Product & Service, Application End User and Geography" report has been added to ResearchAndMarkets.com's offering.
In the report the genomics market, the market is expected to reach US$ 32,995.3 Mn in 2025 from US$ 14,728.6 in 2017. The market is estimated to grow with a CAGR of 10.8% from 2017-2025.
The genomics market is driven by the driving factor such as growth in investments & funds for genomics, declining cost of sequencing procedures, increasing number of start-up companies and technological developments in genomics are likely to drive the market in the coming years. The market is likely to restrain its growth due to the factors such as nonexistence of skilled professionals and high cost of equipment used in genomics. Whereas the trend of utilizing the technologies in genomics for various applications are likely to propel the growth of the market.
The genomics market as per the technology the segment is segmented as sequencing, microarray, polymerase chain reaction, nucleic acid extraction & purification and others. The market of sequencing has the highest market share in 2017, contributing a market share of 38.1% and is expected to retain its dominance during the forecast period from 2018 to 2025. The higher acceptance of the sequencing procedures for the genomics are likely to propel the genomics market in the coming future. Likewise the microarray contributed 28.0% of the market share in the year 2017 and is expected to be the fastest growing market in the coming near future.
The product & service segment of the genomics market includes instruments/systems, consumables and services. The product & service segment for the genomics market was valued at US$ 14,728.6 Mn in 2017 and is estimated to grow at a CAGR of 10.8% during the forecast period from 2017 to 2025, to reach US$ 32,995.3 Mn by 2025.
The instruments/systems segments is likely to dominate the market in the coming future owing to the offerings such as accuracy, speed, support across the globe for the systems used in the gene synthesis and genomics. The consumables segments are the fastest growing segment in the product & service as these are extensively used for the genomics projects. The segment is expected to be the fastest growing segment in the forecast period.
Key Topics Covered:
2. Global Genomics Market - Key Takeaways
3. Global Genomics Market - Market Landscape
3.2 Market Segmentation
3.3 Pest Analysis
4. Global Genomics Market - Key Market Dynamics
4.1 Key Market Drivers
4.1.1 Growth In Investments & Funds For Genomics
4.1.2 Declining Cost of Sequencing Procedures
4.1.3 Increasing Number of Start-Up Companies
4.1.4 Technological Developments In Genomics
4.2 Key Market Restraints
4.2.1 Nonexistence of Skilled Professionals
4.2.2 High Cost of Equipment Used In Genomics
4.3 Key Market Opportunities
4.3.1 Scopes For the Consumer Genomics
4.3.2 Extensive Use of Genomics For Medical Applications
4.4 Future Trends
4.4.1 Technologies of Genomics
5. Genomics Market - Global Analysis
5.1 Global Genomics Market Revenue Forecasts and Analysis
5.2 Global Genomics Market, by Geography - Forecasts and Analysis
5.3 Market Positioning/ Market Share
5.4 Performance of Key Players
5.4.1 Thermo Fisher Scientific Inc.
5.4.2 Illumina, Inc.
5.5 Expert Opinions
6. Global Genomics Market Analysis- by Technology
6.2 Global Genomics Market Share, by Technology, 2017 & 2025 (%)
6.3 Sequencing Market
6.4 Microarray Market
6.5 Polymerase Chain Reaction (Pcr) Market
6.6 Nucleic Acid Extraction and Purification Market
7. Genomics Market Analysis- by Product & Service
7.2 Global Genomics Market Share, by Product & Service, 2017 & 2025 (%)
7.3 Instruments/Systems Market
7.4 Consumables Market
7.5 Services Market
8. Global Genomics Market Analysis- by Application
8.2 Global Genomics Market Share, by Application, 2017 & 2025 (%)
8.3 Diagnostics Market
8.4 Drug Discovery & Development Market
8.5 Precision/Personalized Medicine Market
8.6 Agriculture & Animal Research Market
9. Global Genomics Market Analysis - by End User
9.2 Global Genomics Market Share, by End User, 2017 & 2025 (%)
9.3 Research Centers Market
9.4 Hospitals & Clinics Market
9.5 Pharmaceutical & Biotechnology Companies Market
9.6 Others Market
10. North America Genomics Market Revenue and Forecasts To 2025
11. Europe Genomics Market Revenue and Forecasts To 2025
12. Asia Pacific Genomics Market Revenue and Forecasts To 2025
13. Middle East and Africa Genomics Market Revenue and Forecasts To 2025
14. South and Central America Genomics Market Revenue and Forecasts To 2025
15. Genomics Market - Industry Landscape
15.2 Growth Strategies In the Genomics Devices Market, 2015-2018
15.3 Organic Growth Strategies
15.3.2 Product Launch
15.3.5 Product Expansion
15.4 Inorganic Growth Strategies
16. Genomics Market - Key Company Profiles
- Thermo Fisher Scientific Inc.
- Illumina Inc.
- Agilent Technologies
- Bio-Rad Laboratories, Inc.
- F. Hoffmann-La Roche AG
- GE Healthcare
For more information about this report visit https://www.researchandmarkets.com/research/fl3fc9/genomics_market?w=4