Genomics Market

Genomics Market by Product & Service (System & Software, Consumables, Services), Technology (Sequencing, PCR), Application (Drug Discovery & Development, Diagnostic, Agriculture), End User (Hospital & Clinics, Research Centers) – Global Forecast to 2025

Report Code: BT 2209 Feb, 2021, by marketsandmarkets.com

[194 Pages Report] The global genomics market is projected to reach USD 54.4 billion by 2025 from USD 22.7 billion in 2020, at a CAGR of 19.0% during the forecast period. The major factors driving the growth of this market include the increasing government funding to support genomics projects, the growing incidence of cancer and increasing applications of NGS in cancer research, the entry of new players and start-ups in the genomics market, and the growing application areas of genomics.

Genomics Market

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Genomics Market Dynamics

Driver: Increasing government funding to support genomics projects

In recent years, governments in various countries have made significant investments in the field of genomics. These government investments have played a major role in the development of new technologies. Listed below are some examples of developments on this front:

  • In January 2020, the Department of Biotechnology (DBT) initiated the “Genome India Project” (GIP). The project aims to collect 10,000 genetic samples from citizens across India to build a reference genome. Some of the areas of focus of this project are precision health, rare genetic disorders, mutation spectrum of genetic and complex diseases in the Indian population, genetic epidemiology of multifactorial lifestyle diseases, and translational research.
  • In September 2019, a whole-genome sequencing project of USD 224 million was created, forming a partnership of pharmaceutical firms and health experts, which will examine and sequence the genetic code of 500,000 volunteers at the UK Biobank, based in Stockport, UK. The project aims to improve health through genetic research and improve the prevention, diagnosis, and treatment of a wide range of serious and life-threatening illnesses, including cancer, heart diseases, diabetes, arthritis, and dementia.
  • In February 2019, the Minister of Science and Sport (Canada) announced funding of USD 22.7 million in addition to funding of USD 33.4 million by provincial governments to support 36 research projects through Genome Canada. The projects include various sectors such as health, agriculture, natural resources, and the environment.

These funding initiatives are expected to increase the usage of genomics products, which will drive overall market growth.

Opportunity: Use of genomics in specialized/personalized medicine

Growth in the personalized medicine market is set to offer an array of opportunities for players operating in the genomics market. Various pharmaceutical companies are increasingly investing in personalized medicine research. Personalized medicine enables medical practitioners to identify the exact needs of a patient and then prescribe medicines and treatments accordingly. This approach guarantees better care outcomes. Moreover, it is expected that advancements in the field of gene therapy have the potential to replace traditional drugs and surgeries by enabling doctors to treat a disorder by inserting a gene into a patient’s cell.

The use of personalized medicine therapy is on the rise as it offers cost savings, patient compliance, drug safety, early detection of diseases, and optimization of therapies. The advent of DNA and gene microarray technologies has revolutionized the field of personalized medicine, making it possible to understand the expression of all genes in the human genome in a single experiment.

Research organizations and even big pharmaceutical companies are increasing their focus on precision medicine for the development of new drugs and disease therapies and clinical testing. In 2020, Chigene and MGI signed a cooperation agreement to enable breakthroughs in precision diagnosis using whole-genome sequencing. Under the terms of this agreement, the two companies will leverage their combined advantages in medical testing based on MGI’s gene sequencing platform, DNBSEQ-T7, and Chigene’s big data analysis & storage system to lead the whole-genome sequencing project. In 2019, Thermo Fisher Scientific, Inc. (US) introduced the Oncomine Precision Assay, an innovative pan-cancer panel, for its Genexus platform to advance precision medicine in clinical settings. In 2018, GlaxoSmithKline plc (UK) entered into a four-year collaboration with 23andMe (US) to use human genetics to guide drug development. It also invested USD 300 million in 23andMe as a part of the collaboration.

Challenge: Dearth of trained professionals

Genomics data can be used for various applications such as pharmacogenomics, diagnostics, and toxicogenomics. However, the analysis of huge volumes of data generated in genomics research is a major challenge. In certain cases, technological advancements have enabled the instruments in use to present an analysis; however, the interpretation is still dependent on the reader. Due to the complexities involved and the need for in-depth knowledge in the field of genomics, it is necessary to hire trained professionals to analyze and interpret the results of genomic sequencing data. However, owing to the shortage of trained professionals, a number of end users face significant challenges in analyzing genomic data.
The Association of the British Pharmaceutical Industry identified new areas of rising challenges, which suggested that there were shortages within immunology and genomics in biological sciences. This is mainly because of rapid increases in the development of innovation in medicine, which is changing the skills requirements. This impacts the ability to develop suitable training and qualifications to meet current needs.

With major regions across the globe facing a shortage of skilled professionals to effectively analyze genomic data, short-term developments in this field are expected to be affected to a certain extent.

By product segment, the consumables segment accounted for the largest share of the genomics market in 2019.

On the basis of product & service, the genomics market is segmented into consumables, systems & software, and services. In 2019, consumables accounted for the largest share of the genomics market. Consumables are used in large numbers in genomic systems, and their use will continue to increase with the growing number of genomic tests performed across the globe. This is a key factor driving the market growth.

By technology, the sequencing technology segment accounted for the largest share of the genomics market in 2019.

On the basis of technology, the genomics market is segmented into sequencing technologies, PCR, nucleic acid extraction and purification, microarrays, and other technologies. In 2019, the sequencing segment accounted for the largest share of the genomics market. The advantages associated with sequencing technologies, such as ultra-high-throughput, scalability, and high speed, enable researchers to perform a wide variety of applications, including animal breeding, agriculture, and human genomics. This is one of the major drivers of this segment.

By application, drug discovery and development segment accounted for the largest share of the genomics market in 2019.

On the basis of application, the genomics market is segmented into drug discovery and development, diagnostics, agriculture and animal research, and other applications. Drug discovery and development accounted for the largest application segment in the genomics market in 2019. The large share of this segment can be attributed to the increasing research on diseases such as cancer and genetic disorders and the decreasing cost of sequencing.

North America accounted for the largest share of the genomics market in 2019.

In 2019, North America accounted for the largest share of the overall market, followed by Europe. Increasing government initiatives for promoting precision medicine, adoption of several strategies by key players to provide efficient genomics solutions in this region, and the presence of prominent players are the major drivers of the North American market.

Genomics Market   by Region

Key Market Players

The genomics market is dominated by a few globally established players such as Illumina, Inc. (US),Thermo Fisher Scientific (US) QIAGEN N.V. (Netherlands), Agilent Technologies, Inc. (US),Bio-Rad Laboratories, Inc. (US), F. Hoffmann-La Roche Ltd. (Switzerland), and BGI (China).

Scope of the report

Report Metric

Details

Market Size Available for Years

2018–2025

Base Year Considered

2019

Forecast Period

2020–2025

Forecast Units

Value (USD)

Segments Covered

Product & Service, Technology, Application, End User, and Region

Geographies Covered

North America, Europe, APAC and the RoW

Companies Covered

The major market players include Illumina, Inc. (US), Thermo Fisher Scientific (US), QIAGEN N.V. (Netherlands), Agilent Technologies, Inc. (US), F. Hoffmann-La Roche Ltd. (Switzerland), Bio-Rad Laboratories, Inc. (US), and BGI (China). (Total 30 companies)

 

The study categorizes the genomics market into the following segments and subsegments:

Genomics Market, by Product & Service

  • Systems & Software
  • Consumables
  • Services

Genomics Market, by Technology

  • Sequencing
  • PCR
  • Nucleic Acid Extraction and Purification
  • Microarray
  • Other Technologies

Genomics Market, by Application 

  • Drug Discovery and Development
  • Diagnostics
  • Agriculture and Animal Research
  • Other Applications

Genomics Market, by End User

  •  Hospitals & Clinics  
  • Research Centers and Academic & Government Institutes,
  • Pharmaceutical & Biotechnology Companies
  • Other End Users

Genomics Market, by Region

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • The Middle East and Africa

Recent Developments

  • In 2021, Illumina (US) collaborated with Helix OpCo (US) to improve the national surveillance infrastructure in the US so as to track the emergence and prevalence of novel strains of SARS-CoV-2 with support from the CDC. Illumina’s sequencing technology and expertise and Helix’s national COVID-19 testing footprint will significantly expand the country’s existing surveillance efforts to detect and characterize emerging variants of SARS-CoV-2.
  • In 2020, BGI (China) expanded its DNA sequencing and laboratory automation products available in Latin America by signing agreements with top distributors in Brazil, Argentina, Peru, Ecuador, Colombia, and Mexico.
  • In2020, QIAGEN (Netherlands) acquired NeuMoDx Molecular (US) to strengthen its leadership position in automated molecular testing. Medium- and high-throughput NeuMoDx automation solutions based on PCR testing technology will now be integrated into QIAGEN’s portfolio
  • In 2020, Thermo Fisher Scientific (US) launched the Oncomine Myeloid Assay GX.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 20)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS & EXCLUSIONS
    1.3 MARKET SCOPE
           1.3.1 MARKETS COVERED
           1.3.2 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 25)
    2.1 RESEARCH DATA
           2.1.1 SECONDARY DATA
           2.1.2 PRIMARY DATA
           2.1.3 MARKET DATA ESTIMATION AND TRIANGULATION
           2.1.4 DATA TRIANGULATION
           FIGURE 1 DATA TRIANGULATION METHODOLOGY
    2.2 MARKET ESTIMATION METHODOLOGY
           FIGURE 2 MARKET SIZE ESTIMATION: APPROACH 1 (COMPANY REVENUE ANALYSIS-BASED ESTIMATION)
           FIGURE 3 GENOMICS MARKET SIZE (USD BILLION)
           FIGURE 4 GENOMICS MARKET: FINAL CAGR PROJECTIONS (2020−2025)
           FIGURE 5 GENOMICS MARKET: CAGR PROJECTIONS FROM THE ANALYSIS OF DEMAND-SIDE DRIVERS, OPPORTUNITIES, AND CHALLENGES
           FIGURE 6 GENOMICS MARKET: SEGMENTAL ASSESSMENT
    2.3 INDUSTRY INSIGHTS
    2.4 RESEARCH ASSUMPTIONS

3 EXECUTIVE SUMMARY (Page No. - 33)
           FIGURE 7 GENOMICS MARKET, BY PRODUCT & SERVICE, 2020 VS. 2025 (USD BILLION)
           FIGURE 8 GENOMICS MARKET SHARE, BY TECHNOLOGY, 2019
           FIGURE 9 GENOMICS MARKET, BY APPLICATION, 2020 VS. 2025 (USD BILLION)
           FIGURE 10 GENOMICS MARKET, BY END USER, 2020−2025
           FIGURE 11 GEOGRAPHICAL SNAPSHOT OF THE GENOMICS MARKET

4 PREMIUM INSIGHTS (Page No. - 37)
    4.1 GENOMICS MARKET OVERVIEW
           FIGURE 12 INCREASING GOVERNMENT FUNDING TO SUPPORT GENOMICS PROJECTS TO DRIVE MARKET GROWTH
    4.2 ASIA PACIFIC: GENOMICS MARKET, BY APPLICATION & COUNTRY (2019)
           FIGURE 13 DRUG DISCOVERY AND DEVELOPMENT ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2019
    4.3 GENOMICS MARKET FOR SEQUENCING, BY TYPE
           FIGURE 14 NEXT-GENERATION SEQUENCING PROJECTED TO WITNESS THE HIGHEST GROWTH IN THE FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 40)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 15 GENOMICS MARKET: DRIVERS, OPPORTUNITIES, CHALLENGES, AND TRENDS
           5.2.1 DRIVERS
                    5.2.1.1 Increasing government funding to support genomics projects
                    5.2.1.2 Growing incidence of cancer and increasing applications of next-generation sequencing in cancer research
           TABLE 1 GLOBAL CANCER INCIDENCE, 2020 VS. 2040
                    5.2.1.3 Entry of new players and start-ups in the genomics market
                    5.2.1.4 Growing application areas of genomics
           5.2.2 OPPORTUNITIES
                    5.2.2.1 Use of genomics in specialized/personalized medicine
           5.2.3 CHALLENGES
                    5.2.3.1 High cost of genomic equipment
                    5.2.3.2 Dearth of trained professionals
                    5.2.3.3 Secure storage of large volumes of sequenced data
           5.2.4 TRENDS
                    5.2.4.1 Partnerships and collaborations for technological advancements in genomics
                    5.2.4.2 Impact of COVID-19 on the genomics market
    5.3 TECHNOLOGICAL ANALYSIS
           TABLE 2 COMPARISON OF SANGER SEQUENCING AND NGS
    5.4 VALUE CHAIN ANALYSIS
           FIGURE 16 VALUE CHAIN ANALYSIS—MAXIMUM VALUE IS ADDED DURING THE SEQUENCING AND ANALYSIS PHASE
    5.5 REGULATORY ANALYSIS
           5.5.1 NORTH AMERICA
                    5.5.1.1 US
           TABLE 3 US FDA: MEDICAL DEVICE CLASSIFICATION
           TABLE 4 US: MEDICAL DEVICE REGULATORY APPROVAL PROCESS
           5.5.2 EUROPE
           FIGURE 17 EUROPE: REGULATORY APPROVAL PROCESS FOR MEDICAL DEVICES (MDR)
                    5.5.2.1 Asia Pacific
                               5.5.2.1.1 China
           TABLE 5 CHINA: CLASSIFICATION OF MEDICAL DEVICES
    5.6 ECOSYSTEM ANALYSIS OF THE GENOMICS MARKET
           FIGURE 18 ECOSYSTEM ANALYSIS OF THE GENOMICS MARKET

6 GENOMICS MARKET, BY PRODUCT & SERVICE (Page No. - 57)
    6.1 INTRODUCTION
           TABLE 6 GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
    6.2 CONSUMABLES
           6.2.1 CONSUMABLES FORM THE LARGEST PRODUCT SEGMENT OF THE GENOMICS MARKET
           TABLE 7 GENOMICS CONSUMABLES MARKET, BY REGION, 2018–2025 (USD MILLION)
           TABLE 8 GENOMICS CONSUMABLES MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
    6.3 SYSTEMS & SOFTWARE
           6.3.1 DECLINING RATES OF GENOME SEQUENCING TO INCREASE THE DEMAND FOR GENOMICS SYSTEMS & SOFTWARE
           TABLE 9 GENOMICS SYSTEMS & SOFTWARE MARKET, BY REGION, 2018–2025 (USD MILLION)
           TABLE 10 GENOMICS SYSTEMS & SOFTWARE MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
    6.4 SERVICES
           6.4.1 HIGH COST OF GENOMIC INSTRUMENTS AND THE POSSIBILITY OF INSTRUMENT OBSOLESCENCE HAVE DRIVEN END USERS TO OUTSOURCE THEIR SEQUENCING NEEDS
           TABLE 11 GENOMICS SERVICES MARKET, BY REGION, 2018–2025 (USD MILLION)
           TABLE 12 GENOMICS SERVICES MARKET, BY COUNTRY, 2018–2025 (USD MILLION)

7 GENOMICS MARKET, BY TECHNOLOGY (Page No. - 65)
    7.1 INTRODUCTION
           TABLE 13 GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
    7.2 SEQUENCING
           7.2.1 INCREASING APPLICATIONS OF SEQUENCING IN HUMAN GENOMICS TO DRIVE MARKET GROWTH
           TABLE 14 GENOMICS MARKET FOR SEQUENCING, BY REGION, 2018–2025 (USD MILLION)
           TABLE 15 GENOMICS MARKET FOR SEQUENCING, BY COUNTRY, 2018–2025 (USD MILLION)
           TABLE 16 GENOMICS MARKET FOR SEQUENCING, BY TYPE, 2018–2025 (USD MILLION)
    7.3 PCR
           7.3.1 PCR ALLOWS RESEARCHERS TO PRODUCE MILLIONS OF COPIES OF A SPECIFIC DNA SEQUENCE WITHIN HOURS
           TABLE 17 GENOMICS MARKET FOR PCR, BY REGION, 2018–2025 (USD MILLION)
           TABLE 18 GENOMICS MARKET FOR PCR, BY COUNTRY, 2018–2025 (USD MILLION)
    7.4 NUCLEIC ACID EXTRACTION AND PURIFICATION
           7.4.1 ADVANCES IN NUCLEIC ACID EXTRACTION AND PURIFICATION TECHNOLOGIES ARE EXPECTED TO SUPPORT THE GROWTH OF THIS MARKET
           TABLE 19 GENOMICS MARKET FOR NUCLEIC ACID EXTRACTION AND PURIFICATION, BY REGION, 2018–2025 (USD MILLION)
           TABLE 20 GENOMICS MARKET FOR NUCLEIC ACID EXTRACTION AND PURIFICATION, BY COUNTRY, 2018–2025 (USD MILLION)
    7.5 MICROARRAYS
           7.5.1 HIGH ADOPTION OF NGS MAY LIMIT THE GROWTH OF MICROARRAY TECHNOLOGIES IN THIS MARKET TO A CERTAIN EXTENT
           TABLE 21 GENOMICS MARKET FOR MICROARRAYS, BY REGION, 2018–2025 (USD MILLION)
           TABLE 22 GENOMICS MARKET FOR MICROARRAYS, BY COUNTRY, 2018–2025 (USD MILLION)
    7.6 OTHER TECHNOLOGIES
           TABLE 23 GENOMICS MARKET FOR OTHER TECHNOLOGIES, BY REGION, 2018–2025 (USD MILLION)
           TABLE 24 GENOMICS MARKET FOR OTHER TECHNOLOGIES, BY COUNTRY, 2018–2025 (USD MILLION)

8 GENOMICS MARKET, BY APPLICATION (Page No. - 75)
    8.1 INTRODUCTION
           TABLE 25 GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
    8.2 DRUG DISCOVERY AND DEVELOPMENT
           8.2.1 DRUG DISCOVERY AND DEVELOPMENT FORMS THE LARGEST APPLICATION SEGMENT OF THE GENOMICS MARKET
           TABLE 26 GENOMICS MARKET FOR DRUG DISCOVERY AND DEVELOPMENT APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
           TABLE 27 GENOMICS MARKET FOR DRUG DISCOVERY AND DEVELOPMENT APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION)
    8.3 DIAGNOSTICS
           8.3.1 GROWING APPLICATIONS OF GENOMICS IN THE DIAGNOSTICS FIELD TO PROPEL MARKET GROWTH
           TABLE 28 GRANTS, BY CANCER TYPE (AS OF OCTOBER 2020)
           TABLE 29 GENOMICS MARKET FOR DIAGNOSTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
           TABLE 30 GENOMICS MARKET FOR DIAGNOSTIC APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION)
           TABLE 31 GENOMICS MARKET FOR DIAGNOSTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
    8.4 AGRICULTURE AND ANIMAL RESEARCH
           8.4.1 GENOMICS HELPS IN IMPROVING THE PRODUCTIVITY OF CROPS AND LIVESTOCK—A KEY FACTOR DRIVING MARKET GROWTH
           TABLE 32 GENOMICS MARKET FOR AGRICULTURE AND ANIMAL RESEARCH APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
           TABLE 33 GENOMICS MARKET FOR AGRICULTURE AND ANIMAL RESEARCH APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION)
    8.5 OTHER APPLICATIONS
           TABLE 34 GENOMICS MARKET FOR OTHER APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
           TABLE 35 GENOMICS MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION)

9 GENOMICS MARKET, BY END USER (Page No. - 85)
    9.1 INTRODUCTION
           TABLE 36 GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
    9.2 HOSPITALS & CLINICS
           9.2.1 INCREASING DEMAND FOR PHARMACOGENOMICS TO DRIVE THE ACCEPTANCE OF NGS IN HOSPITALS
           TABLE 37 GENOMICS MARKET FOR HOSPITALS & CLINICS, BY REGION, 2018–2025 (USD MILLION)
           TABLE 38 GENOMICS MARKET FOR HOSPITALS & CLINICS, BY COUNTRY, 2018–2025 (USD MILLION)
    9.3 RESEARCH CENTERS AND ACADEMIC & GOVERNMENT INSTITUTES
           9.3.1 INCREASE IN RESEARCH INTENSITY TO DRIVE THE USAGE OF GENOMICS PRODUCTS AMONG ACADEMIC & GOVERNMENT INSTITUTES
           TABLE 39 GENOMICS MARKET FOR RESEARCH CENTERS AND ACADEMIC & GOVERNMENT INSTITUTES, BY REGION, 2018–2025 (USD MILLION)
           TABLE 40 GENOMICS MARKET FOR RESEARCH CENTERS AND ACADEMIC & GOVERNMENT INSTITUTES, BY COUNTRY, 2018–2025 (USD MILLION)
    9.4 PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES
           9.4.1 GROWING IMPORTANCE OF BIOMARKERS TO DRIVE THE USE OF GENOMICS PRODUCTS & SERVICES AMONG PHARMA & BIOTECH COMPANIES
           TABLE 41 GENOMICS MARKET FOR PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES, BY REGION, 2018–2025 (USD MILLION)
           TABLE 42 GENOMICS MARKET FOR PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES, BY COUNTRY, 2018–2025 (USD MILLION)
    9.5 OTHER END USERS
           TABLE 43 GENOMICS MARKET FOR OTHER END USERS, BY REGION, 2018–2025 (USD MILLION)
           TABLE 44 GENOMICS MARKET FOR OTHER END USERS, BY COUNTRY, 2018–2025 (USD MILLION)

10 GENOMICS MARKET, BY REGION (Page No. - 93)
     10.1 INTRODUCTION
           FIGURE 19 NORTH AMERICA WILL CONTINUE TO DOMINATE THE GENOMICS MARKET DURING THE FORECAST PERIOD
           TABLE 45 GENOMICS MARKET, BY REGION, 2018–2025 (USD MILLION)
     10.2 NORTH AMERICA
           FIGURE 20 NORTH AMERICA: GENOMICS MARKET SNAPSHOT
           TABLE 46 NORTH AMERICA: GENOMICS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
           TABLE 47 NORTH AMERICA: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 48 NORTH AMERICA: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 49 NORTH AMERICA: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 50 NORTH AMERICA: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
             10.2.1 US
                        10.2.1.1 US dominates the North American genomics market
           TABLE 51 US: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 52 US: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 53 US: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 54 US: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
             10.2.2 CANADA
                        10.2.2.1 Increasing research in the field of genomics to drive market growth
           TABLE 55 CANADA: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 56 CANADA: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 57 CANADA: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 58 CANADA: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
     10.3 EUROPE
           TABLE 59 EUROPE: GENOMICS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
           TABLE 60 EUROPE: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 61 EUROPE: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 62 EUROPE: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 63 EUROPE: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
             10.3.1 UK
                        10.3.1.1 Availability of government funding and strategic collaborations with biotech firms to boost the market
           TABLE 64 UK: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 65 UK: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 66 UK: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 67 UK: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
             10.3.2 GERMANY
                        10.3.2.1 Increasing awareness of NGS in the country to boost the market growth in Germany
           TABLE 68 GERMANY: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 69 GERMANY: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 70 GERMANY: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 71 GERMANY: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
             10.3.3 FRANCE
                        10.3.3.1 Increasing government investments in genomics to boost the growth of the French genomics market
           TABLE 72 FRANCE: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 73 FRANCE: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 74 FRANCE: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 75 FRANCE: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
             10.3.4 ROE
           TABLE 76 ROE: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 77 ROE: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 78 ROE: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 79 ROE: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
     10.4 ASIA PACIFIC
           FIGURE 21 ASIA PACIFIC: GENOMICS MARKET SNAPSHOT
           TABLE 80 ASIA PACIFIC: GENOMICS MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
           TABLE 81 ASIA PACIFIC: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 82 ASIA PACIFIC: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 83 ASIA PACIFIC: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 84 ASIA PACIFIC: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
             10.4.1 CHINA
                        10.4.1.1 China is expected to command the largest share of the Asia Pacific market
           TABLE 85 CHINA: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 86 CHINA: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 87 CHINA: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 88 CHINA: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
             10.4.2 JAPAN
                        10.4.2.1 Growing conferences and workshops on newer genomics technologies such as NGS to increase awareness and drive the market
           TABLE 89 JAPAN: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 90 JAPAN: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 91 JAPAN: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 92 JAPAN: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
             10.4.3 INDIA
                        10.4.3.1 Emergence of local players & increasing adoption of genomics technologies is expected to aid the growth of the genomics market in India
           TABLE 93 INDIA: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 94 INDIA: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 95 INDIA: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 96 INDIA: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
             10.4.4 REST OF ASIA PACIFIC
           TABLE 97 ROAPAC: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 98 ROAPAC: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 99 ROAPAC: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 100 ROAPAC: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
     10.5 REST OF THE WORLD
           TABLE 101 ROW: GENOMICS MARKET, BY REGION, 2018–2025 (USD MILLION)
           TABLE 102 ROW: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 103 ROW: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 104 ROW: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 105 ROW: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
             10.5.1 LATIN AMERICA
                        10.5.1.1 Expansions of key players in Latin American regions to boost the market
           TABLE 106 LATIN AMERICA: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 107 LATIN AMERICA: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 108 LATIN AMERICA: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 109 LATIN AMERICA: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)
             10.5.2 MIDDLE EAST & AFRICA
                        10.5.2.1 Increasing adoption of genetic testing in the Middle East and rising HIV & cancer incidence in Africa are driving market growth
           TABLE 110 MIDDLE EAST & AFRICA: GENOMICS MARKET, BY PRODUCT & SERVICE, 2018–2025 (USD MILLION)
           TABLE 111 MIDDLE EAST & AFRICA: GENOMICS MARKET, BY TECHNOLOGY, 2018–2025 (USD MILLION)
           TABLE 112 MIDDLE EAST & AFRICA: GENOMICS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
           TABLE 113 MIDDLE EAST & AFRICA: GENOMICS MARKET, BY END USER, 2018–2025 (USD MILLION)

11 COMPETITIVE LANDSCAPE (Page No. - 130)
     11.1 INTRODUCTION
     11.2 MARKET SHARE ANALYSIS
           FIGURE 22 GENOMICS MARKET SHARE ANALYSIS, BY KEY PLAYER, 2019
     11.3 MARKET EVALUATION FRAMEWORK
           TABLE 114 MARKET EVALUATION FRAMEWORK: PRODUCT & SERVICE LAUNCHES —THE MAJOR STRATEGY ADOPTED BY PLAYERS
     11.4 COMPETITIVE BENCHMARKING
             11.4.1 ANALYSIS OF THE PRODUCT PORTFOLIO OF MAJOR PLAYERS IN THE GENOMICS MARKET
     11.5 COMPETITIVE SCENARIO
             11.5.1 KEY PRODUCT LAUNCHES
             11.5.2 KEY COLLABORATIONS, PARTNERSHIPS, AND AGREEMENTS
             11.5.3 KEY EXPANSIONS
             11.5.4 KEY ACQUISITIONS
     11.6 COMPANY EVALUATION MATRIX
             11.6.1 GLOBAL GENOMICS MARKET: COMPANY EVALUATION MATRIX (OVERALL MARKET) (2019)
                        11.6.1.1 Stars
                        11.6.1.2 Emerging leaders
                        11.6.1.3 Pervasive players
                        11.6.1.4 Participants
           FIGURE 23 GLOBAL GENOMICS MARKET: COMPANY EVALUATION MATRIX, 2019
             11.6.2 COMPETITIVE LEADERSHIP MAPPING (START-UPS) (2019)
                        11.6.2.1 Progressive companies
                        11.6.2.2 Starting blocks
                        11.6.2.3 Dynamic companies
                        11.6.2.4 Responsive companies
           FIGURE 24 COMPETITIVE LEADERSHIP MAPPING: GENOMICS MARKET

12 COMPANY PROFILES (Page No. - 139)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)* 
     12.1 MAJOR PLAYERS
             12.1.1 ILLUMINA, INC.
           FIGURE 25 ILLUMINA, INC.: COMPANY SNAPSHOT (2019)
             12.1.2 THERMO FISHER SCIENTIFIC, INC.
           FIGURE 26 THERMO FISHER SCIENTIFIC, INC.: COMPANY SNAPSHOT (2019)
             12.1.3 QIAGEN N.V.
           FIGURE 27 QIAGEN N.V.: COMPANY SNAPSHOT (2019)
             12.1.4 AGILENT TECHNOLOGIES
           FIGURE 28 AGILENT TECHNOLOGIES: COMPANY SNAPSHOT (2020)
             12.1.5 F. HOFFMANN-LA ROCHE, LTD.
           FIGURE 29 F. HOFFMANN-LA ROCHE, LTD.: COMPANY SNAPSHOT (2019)
             12.1.6 BIO-RAD LABORATORIES, INC.
           FIGURE 30 BIO-RAD LABORATORIES, INC.: COMPANY SNAPSHOT (2019)
             12.1.7 EUROFINS SCIENTIFIC
           FIGURE 31 EUROFINS SCIENTIFIC: COMPANY SNAPSHOT (2019)
             12.1.8 OXFORD NANOPORE TECHNOLOGIES
             12.1.9 BGI
             12.1.10 DANAHER CORPORATION
           FIGURE 32 DANAHER CORPORATION: COMPANY SNAPSHOT (2019)
             12.1.11 EPPENDORF AG
           FIGURE 33 EPPENDORF AG: COMPANY SNAPSHOT (2019)
             12.1.12 MERCK KGAA
           FIGURE 34 MERCK KGAA: COMPANY SNAPSHOT (2019)
             12.1.13 NEW ENGLAND BIOLABS
             12.1.14 PROMEGA CORPORATION
             12.1.15 CREATIVE BIOGENE
             12.1.16 START-UP/SME PLAYERS
                        12.1.16.1 Novogene Co., Ltd.
                        12.1.16.2 Helix OpCo, LLC
                        12.1.16.3 23andMe, Inc.
                        12.1.16.4 Personal Genome Diagnostics Inc. (PGDx)
                        12.1.16.5 Personalis, Inc.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies. 

13 APPENDIX (Page No. - 185)
     13.1 DISCUSSION GUIDE
     13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     13.3 AVAILABLE CUSTOMIZATIONS
     13.4 RELATED REPORTS
     13.5 AUTHOR DETAILS

This market research study involved the extensive use of secondary sources, directories, and databases to identify and collect information useful for this technical, market-oriented, and financial study of the global genomics market. In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and to assess market prospects. The size of the genomics market was estimated through various secondary research approaches and triangulated with inputs from primary research to arrive at the final market size.

Secondary Research

The secondary sources referred to for this research study included publications from government sources such as the International Chromosome and Genome Society (ICGS), International Mammalian Genome Society (IMGS), International Agency for Research on Cancer (IARC), National Human Genome Research Institute (NHGRI), International Service for Acquisition of Agri-Biotech Applications (ISAAA), Genome Canada, European Society of Human Genetics (ESHG), Genomics England, Centre for Cellular & Molecular Biology (India) (CCMB), Japan Agency for Medical Research and Development, Kinghorn Centre for Clinical Genomics (Australia) (KCCG), King Abdulaziz City for Science and Technology (KACST), and Sγo Paulo Research Foundation (FAPESP).

Secondary sources also include corporate and regulatory filings (such as annual reports, SEC filings, investor presentations, and financial statements); business magazines and research journals; press releases; and trade, business, and professional associations, among others. Secondary data was collected and analyzed to arrive at the overall size of the global genomics market, which was validated through primary research.

Primary Research

Extensive primary research was conducted after acquiring basic knowledge about the global genomics market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand side (such as personnel from hospitals & clinics, research centers, government & academic institutes, and pharmaceutical & biopharmaceutical companies) and supply side (such as C-level and D-level executives, product managers, marketing and sales managers of key manufacturers, distributors, and channel partners, among others) across four major regions, namely, North America, Europe, the Asia Pacific, and the Rest of the World. Approximately 80% and 20% of primary interviews were conducted with supply-side and demand-side participants, respectively. This primary data was collected through questionnaires, e-mails, online surveys, personal interviews, and telephonic interviews.

Genomics Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Data Triangulation

After arriving at the overall size of the genomics market through the methodology mentioned above, this market was split into several segments and subsegments. Market breakdown procedures were employed, wherever applicable, to arrive at the exact market value for the key segments and subsegments. The extrapolated market data was triangulated by studying various macroindicators and regional trends from both demand- and supply-side participants.

Report Objectives

  • To define, describe, and forecast the genomics market on the basis of product & service, application, technology, end user, and region
  • To provide detailed information regarding the factors influencing the market growth (such as drivers, opportunities, challenges, and trends)
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall genomics market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
  • To profile the key players in the global genomics market and comprehensively analyze their core competencies and market rankings
  • To forecast the size of the market segments in North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
  • To track and analyze competitive developments such as product launches, product approvals, product enhancements, expansions, acquisitions, partnerships, collaborations, and agreements in the genomics market

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per your company’s specific needs. The following customization options are available for the report:

Geographical Analysis

  • Further breakdown of the European genomics market into RoE countries
  • Further breakdown of the Asia Pacific genomics market into RoAPAC countries
  • Further breakdown of the Rest of the World (RoW) genomics market into Mexico, Argentina, and the RoW countries

Company Information

  • Detailed analysis and profiling of additional market players (Up to 5)
COVID-19

Get in-depth analysis of the COVID-19 impact on the Genomics Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Genomics Market

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Published ON
Feb, 2021
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