The global genomics market is anticipated to grow at a CAGR of around 7.9% during the forecast period 2020 to 2027 and to reach around US$ 31.4 Bn by 2027.
Market Dynamics
Genomics uses a combination of recombinant DNA, DNA sequencing methods, and bioinformatics to sequence, assemble, and analyze the structure and function of genomes. Increasing government spending on development present biotechnology infrastructure and focus on various collaborative works for introduction of innovative solutions are major factors expected to drive the growth of global market. In addition, major players focus on lowering the sequencing cost, coupled with inclination towards enhancing the product portfolio are factors expected to support the growth of target market.
Major players focus on developing the business their inclination towards increasing customer base and enhance the profit ration this is expected to augment the growth of target market.
In 2020, Roche a multinational healthcare company that operates worldwide under two divisions: Pharmaceuticals and Diagnostics acquired Stratos Genomics. The acquisition is expected to help the company to develop DNA based sequencing for diagnostic use and enhance the product portfolio.
In 2020, BioNano Genomics, Inc. a global provider of platform to analyze the long segments of genomic DNA and other biomolecules structural variations acquired Lineagen, Inc. The acquisition is expected to help the company to provide centralized lab services as well as a platform technology and increase the customer base.
In 2020, Ancestry.com LLC is a privately held online company launched next generation sequencing product that is expected to help the customers gain insights into their healt
However, factors such as high cost of genomic equipment and lack of trained professionals are expeh and risk factors. This product launch is expected to help the company to enhance the customer base and increase the revenue share.
In 2020, the company acquired Lineagen that is provider of genetic diagnostic services covering childhood neurodevelopmental disorders and autism spectrum disorder. This acquisition will help the company to enhance the product portfolio and increase the revenue.
In 2020, Nebula Genomics a global provider of privacy-focused personal genomics service launched direct-to-consumer whole genome sequencing. This launch is expected to help the company to increase the revenue share.cted to hamper the growth of global genomics market. In addition, unavailability of developed infrastructure in developing countries is expected to challenge the growth of target market.
Rapid technological advancements by major players and focus on use of genomics in specialized/personalized medicine are factors expected to create new opportunities for players operating in the target market over the forecast period.
Segment Analysis by Region
The market in North America is expected to account for major revenue share due to high government spending on biotechnology sector. In addition, presence of large number of players operating in the country and focus on introduction of innovative service & solutions in order to attract new customers are factors expected to support the growth of target market.
Moreover, increasing business acquisition activities in order to strengthen the business is another factor expected to impact the growth of target market.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
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Market
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Global Genomics Market
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Analysis Period
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2016 – 2027
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Base Year
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2019
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Forecast Data
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2020 – 2027
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Market Stratification
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Product & Services, Technology, Application, End Use and Geography
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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Genomics Market Segment Analysis, 2019
The global market is segmented into product & services, technology, application, and end use. The product & service segment is bifurcated into consumables, systems and software, and services. Among the product & service the system & service segment is expected to account for significant revenue share in the target market. The end use segment is divided into research centers and academic & government institutes, hospitals & clinics, pharmaceutical & biotechnology companies, and other. Among the end use the hospitals & clinics segment is expected to account for major revenue share in the global market.
The players profiled in the report are Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Inc., 23andMe, Inc., Illumina, Inc., Myriad Genetics, Inc., Foundation Medicine, Inc., Danaher; Pacific Biosciences, F. Hoffmann-La Roche Ltd.., Agilent Technologies, Oxford Nanopore Technologies, and BGI.
Market Segmentation
Market By Product & Services
Consumables
Systems and software
Services
Market By Technology
Sequencing
Microarray
PCR (polymerase chain reaction)
Nucleic acid extraction and purification
Other
Market By Application
Diagnostics
Drug discovery and development
Precision medicine
Agriculture and animal research
Other
Market By End Use
Research centers and academic & government institutes
Hospitals & clinics
Pharmaceutical & biotechnology companies
Other
Market By Region
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Genomics
1.1. Definition and Scope
1.1.1. Definition of Genomics
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Genomics Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Genomics Market By Product & Service
1.2.3. Genomics Market By Technology
1.2.4. Genomics Market By Application
1.2.5. Genomics Market By End Use
1.2.6. Genomics Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Genomics Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Genomics Market
3.7. Value Chain Analysis
3.8. Cost Structure Analysis
3.8.1. Proportion of Manufacturing Cost Structure
3.8.1.1. Raw Material
3.8.1.2. Labor Cost
3.8.1.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2019
4.2. R&D Status and End Use Source of Genomics Major Manufacturers in 2019
CHAPTER 5. Genomics Market By Product & Service
5.1. Introduction
5.2. Genomics Revenue By Product & Service
5.2.1. Genomics Revenue (US$ Mn) and Forecast, By Product & Service, 2016-2027
5.2.2. Consumables
5.2.2.1. Consumables Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Systems and software
5.2.3.1. Systems and software Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.4. Services
5.2.4.1. Services Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. Genomics Market Revenue By Technology
6.1. Introduction
6.2. Genomics Revenue (US$ Mn) By Technology
6.2.1. Genomics Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
6.2.2. Sequencing
6.2.2.1. Sequencing Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3. Microarray
6.2.3.1. Microarray Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.4. PCR (polymerase chain reaction)
6.2.4.1. PCR (polymerase chain reaction) Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.5. Nucleic acid extraction and purification
6.2.5.1. Nucleic acid extraction and purification Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.6. Others
6.2.6.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. Genomics Market By Application
7.1. Introduction
7.2. Genomics Revenue (US$ Mn) By Application
7.2.1. Genomics Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
7.2.2. Diagnostics
7.2.2.1. Diagnostics Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.3. Drug discovery and development
7.2.3.1. Drug discovery and development
7.2.4. Precision medicine
7.2.4.1. Precision medicine Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.5. Agriculture and animal research
7.2.5.1. Agriculture and animal research Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.6. Others
7.2.6.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 8. Genomics Market By End Use
8.1. Introduction
8.2. Genomics Revenue (US$) By End Use
8.2.1. Genomics Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
8.3. Research centers and academic & government institutes
8.3.1. Research centers and academic & government institutes Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
8.4. Hospitals & clinics
8.4.1. Hospitals & clinics Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
8.5. Pharmaceutical & biotechnology companies
8.5.1. Pharmaceutical & biotechnology companies Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
8.6. Other
8.6.1. Other Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 9. North America Genomics Market By Country
9.1. North America Genomics Overview
9.2. U.S.
9.2.1. U.S. Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016-2027
9.2.2. U.S. Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
9.2.3. U.S. Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.2.4. U.S. Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
9.3. Canada
9.3.1. Canada Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016-2027
9.3.2. Canada Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
9.3.3. Canada Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.3.4. Canada Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
9.4. North America PEST Analysis
CHAPTER 10. Europe Genomics Market By Country
10.1. Europe Genomics Market Overview
10.2. U.K.
10.2.1. U.K. Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016-2027
10.2.2. U.K. Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
10.2.3. U.K. Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
10.2.4. U.K. Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
10.3. Germany
10.3.1. Germany Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016-2027
10.3.2. Germany Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
10.3.3. Germany Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
10.3.4. Germany Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
10.4. France
10.4.1. France Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016-2027
10.4.2. France Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
10.4.3. France Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
10.4.4. France Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
10.5. Spain
10.5.1. Spain Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016-2027
10.5.2. Spain Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
10.5.3. Spain Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
10.5.4. Spain Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
10.6. Rest of Europe
10.6.1. Rest of Europe Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016-2027
10.6.2. Rest of Europe Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016-2027
10.6.3. Rest of Europe Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
10.6.4. Rest of Europe Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016-2027
10.7. Europe PEST Analysis
CHAPTER 11. Asia Pacific Genomics Market By Country
11.1. Asia Pacific Genomics Market Overview
11.2. China
11.2.1. China Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016 - 2027
11.2.2. China Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
11.2.3. China Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.2.4. China Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
11.3. Japan
11.3.1. Japan Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016 - 2027
11.3.2. Japan Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
11.3.3. Japan Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.3.4. Japan Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
11.4. India
11.4.1. India Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016 - 2027
11.4.2. India Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
11.4.3. India Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.4.4. India Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
11.5. Australia
11.5.1. Australia Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016 - 2027
11.5.2. Australia Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
11.5.3. Australia Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.5.4. Australia Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
11.6. South Korea
11.6.1. South Korea Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016 - 2027
11.6.2. South Korea Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
11.6.3. South Korea Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.6.4. South Korea Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
11.7. Rest of Asia-Pacific
11.7.1. Rest of Asia-Pacific Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016 - 2027
11.7.2. Rest of Asia-Pacific Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
11.7.3. Rest of Asia-Pacific Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.7.4. Rest of Asia-Pacific Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
11.8. Asia Pacific PEST Analysis
CHAPTER 12. Latin America Genomics Market By Country
12.1. Latin America Genomics Market Overview
12.2. Brazil
12.2.1. Brazil Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016 - 2027
12.2.2. Brazil Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
12.2.3. Brazil Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.2.4. Brazil Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
12.3. Mexico
12.3.1. Mexico Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016 - 2027
12.3.2. Mexico Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
12.3.3. Mexico Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.3.4. Mexico Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
12.4. Rest of Latin America
12.4.1. Rest of Latin America Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016 - 2027
12.4.2. Rest of Latin America Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
12.4.3. Rest of Latin America Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.4.4. Rest of Latin America Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
CHAPTER 13. Middle East & Africa Genomics Market By Country
13.1. Middle East & Africa Genomics Market Overview
13.2. Saudi Arabia
13.2.1. Saudi Arabia Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016 - 2027
13.2.2. Saudi Arabia Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
13.2.3. Saudi Arabia Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
13.2.4. Saudi Arabia Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
13.3. UAE
13.3.1. UAE Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016 - 2027
13.3.2. UAE Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
13.3.3. UAE Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
13.3.4. UAE Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
13.4. Rest of Middle East & Africa
13.4.1. Rest of Middle East & Africa Genomics Market Revenue (US$ Mn) and Forecast By Product & Service, 2016 - 2027
13.4.2. Rest of Middle East & Africa Genomics Market Revenue (US$ Mn) and Forecast By Technology, 2016 - 2027
13.4.3. Rest of Middle East & Africa Genomics Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
13.4.4. Rest of Middle East & Africa Genomics Market Revenue (US$ Mn) and Forecast By End Use, 2016 - 2027
CHAPTER 14. COMPANY PROFILE
14.1. Genomics Market Company Share Analysis
14.2. Thermo Fisher Scientific, Inc.
14.2.1. Company Snapshot
14.2.2. Business Overview
14.2.3. Financial Overview
14.2.3.1. Revenue (US$ Mn), 2019
14.2.3.2. PSC Biotech 2019 Genomics Business Regional Distribution
14.2.4. Product/ Service and Specification
14.2.5. Manufacturing Plant Footprint Analysis
14.3. Bio-Rad Laboratories, Inc.
14.4. 23andMe, Inc.
14.5. Illumina, Inc.
14.6. Myriad Genetics, Inc.
14.7. Foundation Medicine, Inc.
14.8. Danaher
14.9. Pacific Biosciences
14.10. F. Hoffmann-La Roche Ltd.
14.11. Agilent Technologies
14.12. Others
