Genomics Market - Forecast(2024 - 2030)

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The global?genomics market size was valued at USD 32.65 billion in 2023?and is projected to witness a compound annual growth rate (CAGR) of 16.5% from 2024 to 2030.

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The #genomics is defined as the study of a gene and its functioning. Genomics is used to examine the molecular mechanisms and the interaction of genetic and environmental factors in the diseases. The major factors attributing to the growth of the genomics market are growing government support and increased number of genomics studies, declining sequencing cost, increased genomics applications.

The growth of genomics market is attributed to factors such as growing demand for #gene #therapy, personalized medicine, drug discovery, increasing cancer incidence, and a significant increase in demand for consumer #genomics in recent years. Moreover, increasing number of joint ventures and partnerships amongst market players is also expected to have a positive impact on the genomics market growth.

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?????????????????????????? ????????????????????????: Next-generation sequencing (NGS) remains at the forefront, providing high-speed, accurate, and cost-effective #sequencing capabilities. This technology is pivotal for #personalized medicine, genetic research, and diagnostics. Innovations like automated systems for NGS, such as the #BioQule #NGS System by PerkinElmer, are enhancing laboratory efficiency and capabilities

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???????????????? : Instruments and consumables dominate the market, essential for nucleic acid #synthesis and sequencing. The declining cost of #DNA sequencing is spurring the development of new products and systems

?????? ?????????????? ?????? ?????????????? ?????? : Agilent Technologies | Bio-Rad Laboratories | BGI Genomics | Danaher Corporation | Eppendorf | Eurofins Scientific Finland Oy | GE HealthCare | Illumina | Myriad Genetics | Oxford Nanopore Technologies | QIAGEN | Quest Diagnostics | Thermo Fisher Scientific | 23andMe