Genomics Market by Deliverables (Products, Services), Application & Technology (Epigenomics, Biomarker Discovery), End User (Academic & Government Institutes, Clinical Research), and by Region - Global Forecast to 2022-2033

The genomics market size is estimated to be USD 24,306.1 million in 2022 and is expected to witness a CAGR of 16.52% during the forecast period 2023-2033. Surge in inherited cancer incidences, growing number of joint ventures and partnerships among industry participants and rising demand for customised medicine, gene therapy, and other treatments are factors contributing to the market growth. Furthermore, substantial research, drug discovery strategies used by biopharmaceutical companies is expected to fuel the market growth. However, lack of skilled workforce is expected to hinder the growth.

Surge in inherited cancer incidences is expected to propel the market growth. The extensive understanding of the human genome has intense focus on the application of various gene therapies for cancer treatment using advanced gene editing techniques including CRISPR-Cas technology. For instance, in September 2022, a team of researchers from the University of California presented the management of inherited retinal diseases using precision genome editing agents (IRDs).

The substantial research, drug discovery strategies used by biopharmaceutical companies, and improvements in technology-enabled personalised medicine are factors supporting to the genomics market’s growth. For instance, in August 2022, Clemson University researchers introduced an open-source model that is intended to help researchers create prediction models to represent intricate cellular interactions and enable the integration of sizable datasets for personalised medicine applications such as drug-matching for cancer therapeutics.

Segmentation

By Deliverables

The market is categorized into products and services. In 2022, the products segment accounted for the highest revenue share. The products used in genomics can be largely divided into two groups systems and instruments for synthesizing and sequencing nucleic acid sequences. The introduction of NGS technology resulted in an increase in the demand for customized treatments and a decrease in sequencing costs, which resulted in the development of new products or systems. With the introduction of new products, the genomics market is gradually becoming more competitive. For instance, PerkinElmer launched an automated benchtop NGS system in June 2022. Only the BioQule NGS System was used in the study to automate library preparation. The service sector is predicted to exhibit a substantial CAGR. The main drivers of the services industry are the high price of the product, the demand for knowledge required for genomics, and the end user’s concentration on core activities.

By Application & Technology

The market is categorized into epigenomics, biomarker discovery, functional genomics, pathway analysis, and others. In the global market, the functional genomics segment accounted for the largest revenue share in 2022 owing to studies that aim to comprehend a specific phenotypical expression of a particular disease state. Functional genomics provides a major basis for the design of several gene treatments for cancer. For instance, in June 2020, scientists at the European Molecular Biology Laboratory (EMBL) in Heidelberg use targeted single-cell RNA sequencing to improve the precision and scalability of functional genomics CRISPR/Cas9 gene-based screens. Single-cell RNA sequencing can assess CRISPR/Cas9 functional genomics screens and provides in-depth insights into the levels of gene expression in individual cells. The biomarker discovery segment is anticipated to register a significant growth rate over the course of the projection year due to the high level of efficiency provided by genomics in several diagnostic applications.

By End User

The market is segmented into academic & government institutes, clinical research, pharmaceutical & biotechnology companies, hospitals & clinics, and others. In 2022, the pharmaceutical & biotechnology companies segment accounted for the largest revenue share owing to rising demand for the usage of genomics in drug discovery. Additionally, the demand for precision and customized treatment is being spurred by novel therapeutic alternatives including gene editing. The use of underlying genomics knowledge is being used in numerous studies for the discovery of novel drugs. For instance, Illumina Inc. states that it will present seven of its abstracts at the American Society of Clinical Oncology (ASCO) 2022 in addition to a meeting to discuss the transformative effects of comprehensive genomic profiling in precision medicine. These abstracts pertain to the key oncology research

Regional Markets

In 2022, North America region accounted for the highest revenue in the genomics market and is expected to maintain its dominance during the forecast period. This is attributed to the assistance of major pharmaceutical companies and research institutions. Genomics is now an important factor of any disease research and drug discovery due to effects of genetic expression on human health. With cooperative efforts, there are new developments in the region for the application of genomics. For instance, in January 2022, Illumina, Inc. collaborates with Nashville Biosciences, LLC (a unit of Vanderbilt University Medical Center in Tennessee) to develop drugs using genomics and to create a premier clinico-genomic resource. Asia Pacific is anticipated to be the fastest expanding segment over the course of the projection period due to rising need for novel therapeutic medications to combat the region’s increasing disease prevalence, and growing demand for genomics applications in diagnostics.

Competitor Insights

Some of the key players operating in the genomics market are Bio-Rad Laboratories, Inc., Myriad Genetics, Inc., Thermo Fisher Scientific, Inc., Pacific Biosciences of California, Inc., BGI Genomics, Eppendorf AG, F. Hoffmann-La Roche Ltd., GE Healthcare, Eurofins Scientific,  Illumina, Inc., Oxford Nanopore Technologies, QIAGEN N.V., Agilent Technologies, Color Genomics, Inc., Quest Diagnostics Incorporated, Danaher Corporation, and 23andMe, Inc.

To achieve a competitive edge, these businesses are implementing a variety of growth strategies. Strategic partnerships, alliances, and agreements with different businesses and research institutions are seen to be the main strategies used by businesses in this sector.

  • For instance, Thermo Fisher Scientific announced a partnership with the Qatar Genome Program of the Qatar Foundation in May 2022 to advance genomics research and its clinical applications in predictive genomics for the benefit of the entire Arab population by custom genotyping using the whole genome sequencing data from the 19 Arab nations.

This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including deliverables, application & technology and end user from 2023 to 2033.

Report Scope:

Key Parameters Details
Market size in 2022
  • USD 24,306.1Million
CAGR
  • 16.52%
Base Year
  • 2022
Forecast Period
  • 2023-2033
Study Coverage
  • Global and regional market size and revenue forecast
  • Segment market size and revenue forecast at global, regional, and country level
  • Competitive landscape (company share analysis, company profiles, recent development, competitive map analysis)
  • Conclusion and recommendations
Qualitative Analysis
  • Market drivers
  • Market restraints
  • Market opportunities
  • Recent market trends
  • Market challenges
  • Porter’s Five Forces analysis
  • PEST analysis
  • COVID-19 impact analysis
Segment Market Scope
  • Deliverables
  • Application & Technology
  • End user
Regional Market Scope
  • North America
    (U.S. and Canada)
  • Europe
    (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
  • Asia Pacific
    (China, Japan, India, Australia, South Korea, Rest of APAC)
  • Latin America
    (Brazil, Mexico, Argentina, Rest of LATAM)
  • MEA
    (South Africa, GCC, Rest of MEA)
Company Profiles
  • Exhaustive profiles of top 10 players
  • Other major players listing
15% Free Customization Available
  • You can customize the study scope to meet your exact requirement. Click here for more details

Segmentation: Genomics Market Report 2022 – 2033

Deliverables (Revenue, USD Million), 2022 – 2033

  • Products
    • Consumables & Reagents
    • Instruments/Systems/Software
  • Services
    • Biomarker Translation Services
    • NGS-based Services
    • Computational Services
    • Core Genomics Services
    • Others

Application & Technology (Revenue, USD Million), 2022 – 2033

  • Epigenomics
  • Biomarker Discovery
  • Functional Genomics
  • Pathway Analysis
  • Others

End user (Revenue, USD Million), 2022 – 2033

  • Academic & Government Institutes
  • Clinical Research
  • Pharmaceutical & Biotechnology Companies
  • Hospitals & Clinics
  • Others

By Region (Revenue, USD Million), 2022 – 2033

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Table of Contents: Genomics Market 2022-2033

  1. Research Methodology
    1. Study Objectives
    2. Study Scope
    3. Research Framework
      1. Research Models
        1. Bottom-up Approach
        2. Top-down Approach
        3. Data Triangulation
      2. Data Analysis
        1. Data Validation
        2. Market Size Estimation
        3. Market Forecast Model
  1. Introduction: Genomics
  2. Executive Summary
  3. Market Dynamics
    1. Market Drivers
      1. Driver 1
      2. Driver 2
      3. Driver 3
      4. Driver 4
    2. Market Restraint
      1. Restraint 1
      2. Restraint 2
      3. Restraint 3
    3. Market Opportunities
      1. Opportunity 1
      2. Opportunity 2
      3. Opportunity 3
    4. Market Trends
      1. Trend 1
      2. Trend 2
      3. Trend 3
    5. Market Challenges
      1. Challenge 1
      2. Challenge 2
      3. Challenge 3
  1. Market Environment Analysis
    1. Porter’s 5 Forces Analysis
    2. PESTEL Analysis
    3. SWOT Analysis
  2. COVID-19 Impact Analysis: Genomics Market
  3. Market Analysis by Deliverables
    1. Products
      1. Products Market Forecast, 2022-2033(USD Million)
        1. Consumables & Reagents
          1. Consumables & ReagentsMarket Forecast, 2022-2033 (USD Million)
        2. Instruments/Systems/Software
          1. Instruments/Systems/SoftwareMarket Forecast, 2022-2033 (USD Million)
        3. Services
          1. Services Market Forecast, 2022-2033(USD Million)
            1. Biomarker Translation Services
              1. Biomarker Translation ServicesMarket Forecast, 2022-2033 (USD Million)
            2. NGS-based Services
              1. NGS-based ServicesMarket Forecast, 2022-2033 (USD Million)
            3. Computational Services
              1. Computational ServicesMarket Forecast, 2022-2033 (USD Million)
            4. Core Genomics Services
              1. Core Genomics ServicesMarket Forecast, 2022-2033 (USD Million)
            5. Others
              1. OthersMarket Forecast, 2022-2033 (USD Million)
  1. Market Analysis by Application & Technology
    1. Epigenomics
      1. Epigenomics Market Forecast, 2022-2033(USD Million)
    2. Biomarker Discovery
      1. Biomarker Discovery Market Forecast, 2022-2033(USD Million)
    3. Functional Genomics
      1. Functional Genomics Market Forecast, 2022-2033(USD Million)
    4. Pathway Analysis
      1. Pathway Analysis Market Forecast, 2022-2033(USD Million)
    5. Others
      1. Others Market Forecast, 2022-2033(USD Million)
  1. Market Analysis by End User
    1. Academic & Government Institutes
      1. Academic & Government Institutes Market Forecast, 2022-2033(USD Million)
    2. Clinical Research
      1. Clinical Research Market Forecast, 2022-2033(USD Million)
    3. Pharmaceutical & Biotechnology Companies
      1. Hospitals & Clinics Market Forecast, 2022-2033(USD Million)
    4. Others
      1. Others Market Forecast, 2022-2033(USD Million)
  1. Regional Market Analysis
    1. Regional Market Trends Analysis
  2. North America Genomics Market
    1. North America Genomics Market
      1. North America Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
        2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
        3. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. S. Genomics Market
        1. S. Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
          2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
          3. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. Canada Genomics Market
          1. Canada Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
            2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
            3. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. Europe Genomics Market
    1. Europe Genomics Market
      1. Europe Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
        2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
        3. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. Germany Genomics Market
        1. Germany Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
          2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
          3. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. UK Genomics Market
          1. UK Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
            2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
            3. Market Size and Forecast by End User, 2022-2033(USD Million)
          2. France Genomics Market
            1. France Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
              2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
              3. Market Size and Forecast by End User, 2022-2033(USD Million)
            2. Spain Genomics Market
              1. Spain Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
                2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
                3. Market Size and Forecast by End User, 2022-2033(USD Million)
              2. Italy Genomics Market
                1. Italy Market Size and Forecast, 2022-2033(USD Million)
                  1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
                  2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
                  3. Market Size and Forecast by End User, 2022-2033(USD Million)
                2. Rest of Europe Genomics Market
                  1. Rest of Europe Market Size and Forecast, 2022-2033(USD Million)
                    1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
                    2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
                    3. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. Asia Pacific Genomics Market
    1. Asia Pacific Genomics Market
      1. Asia Pacific Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
        2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
        3. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. Japan Genomics Market
        1. Japan Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
          2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
          3. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. China Genomics Market
          1. China Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
            2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
            3. Market Size and Forecast by End User, 2022-2033(USD Million)
          2. India Genomics Market
            1. India Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
              2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
              3. Market Size and Forecast by End User, 2022-2033(USD Million)
            2. South Korea Genomics Market
              1. South Korea Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
                2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
                3. Market Size and Forecast by End User, 2022-2033(USD Million)
              2. Australia Genomics Market
                1. Australia Market Size and Forecast, 2022-2033(USD Million)
                  1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
                  2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
                  3. Market Size and Forecast by End User, 2022-2033(USD Million)
                2. Rest of Asia Pacific Genomics Market
                  1. Rest of Asia Pacific Market Size and Forecast, 2022-2033(USD Million)
                    1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
                    2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
                    3. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. Latin America Genomics Market
    1. Latin America Genomics Market
      1. Latin America Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
        2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
        3. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. Brazil Genomics Market
        1. Brazil Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
          2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
          3. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. Mexico Genomics Market
          1. Mexico Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
            2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
            3. Market Size and Forecast by End User, 2022-2033(USD Million)
          2. Argentina Genomics Market
            1. Argentina Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
              2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
              3. Market Size and Forecast by End User, 2022-2033(USD Million)
            2. Rest of Latin America Genomics Market
              1. Rest of Latin America Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
                2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
                3. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. MEA Genomics Market
    1. MEA Genomics Market
      1. MEA Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
        2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
        3. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. GCC Genomics Market
        1. GCC Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
          2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
          3. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. South Africa Genomics Market
          1. South Africa Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
            2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
            3. Market Size and Forecast by End User, 2022-2033(USD Million)
          2. Rest of MEA Genomics Market
            1. Rest of MEA Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Deliverables, 2022-2033(USD Million)
              2. Market Size and Forecast by Application & Technology, 2022-2033(USD Million)
              3. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. Competitor Analysis
    1. Market Share Analysis, 2022
    2. Major Recent Developments, 2019-2022
  2. Company Profiles
    1. Bio-Rad Laboratories, Inc.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    2. Myriad Genetics, Inc.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    3. Thermo Fisher Scientific, Inc.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    4. Pacific Biosciences of California, Inc.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    5. BGI Genomics
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    6. Eppendorf AG
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    7. Hoffmann-La Roche Ltd.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    8. GE Healthcare
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    9. Eurofins Scientific
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    10. Illumina, Inc.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    11. Oxford Nanopore Technologies
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    12. QIAGEN N.V.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    13. Agilent Technologies
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    14. Color Genomics, Inc.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    15. Quest Diagnostics Incorporated
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
  1. Conclusion
  2. Recommendations

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