The Global Genomic Testing Market Report 2023 by Astute Analytica gives information on the technical and financial aspects of the market both now and in the future. This report is the most thorough and significant addition to the Astute Analytica market research archive. It offers a thorough investigation and analysis of essential facets of the world market. The supply and demand situation, pricing, profit margins, production, and market analysis are all analyzed in this study, along with other important elements that contribute to the worldwide market’s continued growth.
As of 2022, the global Genomic Testing Market was valued at approximately USD 13.7 billion and is projected to attain a valuation of 30.08 billion by 2031, at a CAGR of 9.54% during the forecast period, 2023-2031.
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The information included in the study on the Global Genomic Testing Market is a compilation of information gathered from various sources. As a result of examining the altered data sources, the size of the market growth is determined throughout the forecast period. To ensure better market representation, current trends that have the potential to grow the global product/service market share are recognized.
The market’s annual growth rate from 2023 to 2032 has been specified. Investors are alerted to potential investment possibilities and given a ranking of those with the highest returns. In order to accurately project the market share from 2023 to 2032 during the forecast period, the market data gathered during the base period is carefully examined.
The study shows the market’s present size and projects its future growth trajectory, giving readers important information about the market’s potential and possibilities. The report evaluates the impact of the current market trends on market growth and direction by analyzing them, including drivers, restraints, challenges, and opportunities.
The research presents the top competitors, their strategies, market shares, and recent developments, in addition to providing a complete assessment of the competitive environment. It supports players in understanding the level of market competition and in making wise business decisions.
Key Players
- Agilent Technologies, Inc.
- BGI Group
- Bio-Rad Laboratories
- Danaher Corporation
- Eurofins Genomics
- F. Hoffmann-La Roche
- Illumina, Inc.
- QIAGEN
- Singular Genomics Systems, Inc.
- Thermo Fisher Scientific, Inc.
- Other Prominent players
The study divides the market into segments based on a number of factors, including Testing Type, Offering, Indication, Technology, End-User, Application, and Region. This segmentation enables targeted insights into particular market categories and a better understanding of market dynamics. It gives a thorough analysis of the global market, covering regional trends, market size, prospects for expansion, and important market factors in each region.
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Segmentation Overview
By Offering:
- System and Software
- Reagents & Consumables
- Services
- DTC Genomic Testing Service
- Sale of genomic data
By Testing Type:
- Sequencing Solution
- DNA Sequencing
- RNA Sequencing
- Methylation Sequencing
- NGS Library Preparation
- Sequencing Data Analysis
- Others
- Microarray Solution
- Human Genotyping with Arrays
- Non-Human Genotyping with Arrays
- Methylation Array Analysis
- Microarray Data Analysis
- Others
By Technology:
- Proteomics
- Pharmacogenomics
- Stem Cell Therapy
- Cloning
By Indication:
- Cancer
- Asthma
- Diabetes
- Hearth Diseases
- Other Indication
By Application:
- Drug Discovery & Development
- Disease Diagnosis
- Agricultural Production
- Others
By End-User:
- Hospitals & Clinics
- Research Centers & Academic Institutions
- Pharmaceutical & Biotechnology Companies
- Others
By Region:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Western Europe
- Asia Pacific
- Malaysia
- Thailand
- China
- India
- Japan
- Australia & New Zealand
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
- South America
- Argentina
- Brazil
- Rest of South America
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