What factors are leading to growth of the Genomics industry?

[RahulFMI]

 The future of medicine is written in our genes, and the global Genomics Market is poised for a remarkable leap forward. A recently released industry analysis by Future Market Insights (FMI) reveals that the market, valued at USD 24.3 billion in 2021, is projected to reach a staggering USD 83 billion by 2032. This translates to a significant Compound Annual Growth Rate (CAGR) of 19.8%, exceeding the historical growth rate and reflecting the immense potential of this transformative field.

Crucial information and forecast statistics covered in the Genomics market report will arm both existing and emerging market players with necessary insights to craft long-term strategies.

https://www.futuremarketinsights.com/reports/genomics-market

Following government measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.

The FMI’s report includes an interesting chapter on the preliminary impact of COVID-19 on the Genomics market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Genomics Market: Segmentation

Valuable information covered in the FMI’s Genomics market report has been segregated into key segments and sub-segments.

By Application:

Functional Genomics
Real-time PCR
Transfection
SNP Analysis
Mutational Analysis
Microarray Analysis
RNA Interference
Pathway Analysis
Microarray Analysis
Bead-based Analysis
Proteomics Tools
Real-time PCR
Mass Spectrometry
Biomarker Discovery
DNA Sequencing
Microarray Analysis
Real-time PCR
Mass Spectrometry
Other Biomarker Discoveries
Epigenetics
Bisulfite Sequencing
Microarray Analysis
Chromatin Immunoprecipitation
Methylated DNA Immunoprecipitation
Other Epigenetics
Other Application & Technologies
By Deliverable:

Products
Services
By End-use:

Pharmaceutical and Biotechnology Companies
Hospitals and Clinics
Academic and Government Institutes
Clinical Research
Other End Users