
Study Period | 2019 - 2030 |
Base Year For Estimation | 2024 |
Market Size (2025) | USD 59.28 Billion |
Market Size (2030) | USD 118.67 Billion |
CAGR (2025 - 2030) | 14.89 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Genomics Market Analysis
The Genomics Market size is estimated at USD 59.28 billion in 2025, and is expected to reach USD 118.67 billion by 2030, at a CAGR of 14.89% during the forecast period (2025-2030).
From Competition to Collaboration: The New Genomics Ecosystem
The genomics landscape has undergone a remarkable transformation, evolving from isolated research initiatives to a vibrant, interconnected ecosystem where collaboration fuels innovation. This shift is exemplified by organizations like the Global Alliance for Genomics and Health (GA4GH), which emerged from an initial meeting of just 50 leaders but has since expanded to unite more than 5,000 individuals and organizations dedicated to advancing human health. Notably, over 500 organizations, including healthcare providers, research institutions, patient advocacy groups, and commercial enterprises, are actively enriching the knowledge base of the genomics industry. This interconnected network represents a fundamental rethinking of how genomic intelligence is generated and shared. For market participants, this collaborative paradigm means that success increasingly depends not on proprietary data hoarding but on the ability to plug into and add value to these collaborative networks. Organizations that position themselves as connectors and facilitators within this ecosystem – rather than isolated competitors – are likely to capture disproportionate value as the market matures. The implications extend beyond mere cooperation; this collaborative approach is accelerating standardization efforts that will ultimately expand market applications and democratize access to genomic insights across previously underserved sectors and regions.
The Expertise Investment: How Resource Allocation Signals Market Maturity
The genomics market has crossed a critical threshold in resource commitment that signals its transition from an emerging technology to an established market force. This evolution is evident in how organizations are allocating their most valuable asset: specialized human capital. Within the GA4GH network alone, participating organizations now assign experts to dedicate at least 30% of their time specifically to developing genomics products and protocols. This level of investment represents a strategic bet on genomics' future value proposition that goes beyond exploratory research to practical application development. Market signals highlight the importance of concentrated expertise, transcending its role as just an operational detail. For industry observers, this resource allocation pattern indicates both the perceived ROI of genomics applications and the increasing sophistication of market offerings. Organizations that understand this dynamic are responding by creating dedicated genomics units rather than treating it as an adjunct capability. Forward-thinking investors and market entrants should recognize that this genomics industry growth pattern is likely to accelerate solution development timelines and bring commercially viable applications to market faster than previous biotechnology waves. The expertise investment trend points to a market that's establishing the foundational capabilities needed for sustainable growth rather than merely riding a wave of speculative interest.
Securing the Genomic Future: Data Protection as a Market Enabler
Data security and sharing protocols have emerged as critical infrastructure in the genomics marketplace, evolving from technical considerations to core market enablers. The August 2024 publication of the Large Scale Genomics Work Stream Crypt4GH survey marks a significant milestone in the industry's ongoing effort to balance genomics dataset utility with security and privacy concerns. The market now recognizes that robust security frameworks are not merely compliance requirements but are fundamental components essential for unlocking commercial potential. The increased focus on secure data exchange architectures addresses a key barrier that has historically limited cross-institutional collaboration and commercial applications of genomic data. For healthcare systems, research institutions, and commercial entities navigating the genomics landscape, investment in security capabilities now represents a strategic differentiator rather than a cost center. Organizations that develop or adopt sophisticated data protection protocols gain preferential access to collaboration networks and positioning for data-sharing partnerships that drive innovation. As the genomics market matures, a security-centric approach is emerging. This approach seeks to harmonize the principles of open science with essential privacy considerations. As a result, vendors who can provide both advanced analytics and strong data protection in their integrated offerings are finding new opportunities.
Genomics Market Trends
Genomic Medicine Goes Global: How Regional Policies Are Reshaping Adoption
Regional attitudes toward genomics vary significantly, with 58% of Indian clinicians believing everyone will have their genome sequenced for disease prevention within a decade, compared to just 17% of French clinicians. This contrast highlights how cultural factors and healthcare policies shape adoption rates, requiring companies to develop region-specific strategies rather than universal approaches.
Healthcare professionals increasingly value genomics tools, evidenced by a 2024 Jordan study where 79.1% of participants were willing to use genome-guided prescribing. This strong interest signals growing clinical confidence in personalized treatment approaches. Companies that demonstrate clear clinical benefits, workflow integration, and improved patient outcomes will gain competitive advantage in this expanding market.
The Billion-to-Thousand Revolution: Making DNA Analysis Accessible to All
Genomic sequencing costs have plummeted from GBP 4 billion for the first human genome (taking 13 years) to under GBP 1,000 with results in less than a day. This dramatic cost reduction has opened access to genomics technologies, enabling widespread clinical adoption and creating new market opportunities. Companies must now focus less on technical feasibility and more on practical implementation as these tools become increasingly accessible.
Practical applications of genomics are emerging in treatment protocols, as shown by PurpleLab's mapping of 100+ U.S. Food and Drug Administration (FDA) biomarkers to medical codes for lung cancer treatment decisions. This translation of genetic data into clinical guidelines demonstrates how the genomics market is shifting from theoretical potential to practical utility. Forward-thinking organizations are creating solutions that connect complex data analysis with straightforward clinical decision support to capture value in this evolving landscape.
Segment Analysis: By Product and Services
Consumables: The Recurring Revenue Engine
Consumables dominate the genomics market with a commanding 41.6% market share, underscoring their critical role in sustaining genomic research and clinical applications. These high-turnover products—reagents, enzymes, sequencing libraries, and sample preparation kits—form the recurring revenue backbone for industry players. The consumables segment's leadership position demonstrates how genomics has matured from experimental novelty to operational necessity, with laboratories and healthcare facilities now incorporating genomic testing into standard workflows. This shift creates significant opportunities for suppliers who can deliver reliable, high-quality consumables while maintaining compatibility across evolving technology platforms. Organizations building market share in this segment are increasingly focusing on application-specific kits that simplify complex workflows rather than generic reagents requiring extensive optimization.

Services: The Outsourcing Revolution
Genomics services are experiencing remarkable growth at a CAGR of 20.8%, as organizations increasingly prefer outsourcing complex genomic analysis rather than developing in-house capabilities. This growth reflects both the escalating complexity of genomic applications and the specialized expertise required for meaningful interpretation. Recent healthcare implementation data reveals the impact of service-oriented approaches, with 80% of pancreatic cancer patients engaging with Genetics Education chatbots in a clinical study, demonstrating how digital service models are transforming patient interaction with genetic information. Companies capitalizing on this growth are evolving beyond basic sequencing services to offer end-to-end solutions that integrate data analysis, interpretation, and actionable recommendations—effectively becoming strategic partners rather than mere service providers.
Systems and Software: Integration Champions
Systems and software solutions in the genomics industry are evolving from standalone tools toward integrated ecosystem components that enable seamless workflows from sample to insight. This evolution reflects fundamental changes in how genomic data flows from collection through analysis to application, with modern platforms now designed for interoperability across diverse laboratory environments. Advanced systems like QIAcuity Digital PCR offer scalable configurations supporting throughput ranging from 96 to 1,248 samples per day, illustrating how manufacturers are addressing varied institutional needs within unified product families. The competitive differentiation increasingly comes from rapid workflows—many now taking under two hours—as time-sensitivity in clinical genomics becomes paramount. Forward-thinking organizations are consequently selecting systems based not just on immediate performance metrics but on their adaptability to future protocols and integration capabilities with emerging cloud-based genomic information ecosystems.
Segment Analysis: By Techniques
Sequencing: The Double-Growth Champion
Sequencing technologies hold both market leadership with a 36.4% share and the highest growth rate at 22.9% CAGR, creating a self-reinforcing cycle where dominant market position fuels further expansion. This dual leadership reflects sequencing's transformation from specialized research tool to foundational technology across diagnostics, drug development, and precision medicine applications. The technique's ability to deliver comprehensive genomic insights at continuously decreasing costs has elevated sequencing from a specialist approach to a mainstream analytical method. The competitive landscape is consequently shifting from technology specification-focused development toward creating application-specific solutions for particular clinical workflows, disease areas, and market segments—a strategic pivot that allows companies to differentiate beyond raw sequencing metrics.
Complementary Technologies: The Specialized Enablers
Beyond sequencing, the genomics toolbox encompasses complementary technologies addressing specific requirements across the spectrum of genomic workflows. PCR technologies maintain fundamental importance due to their reliability, accessibility, and quantification capabilities—with modern digital PCR systems now detecting up to 12 targets simultaneously through amplitude multiplexing. Sample preparation techniques, including nucleic acid extraction and purification, represent critical workflow components that directly influence downstream analysis quality, with typical protocols requiring approximately 100 ng of genomic DNA for optimal digital PCR performance. This technical diversity provides strategically important options for genomic professionals, enabling method selection based on specific research questions, sample types, throughput requirements, and budget constraints. Companies succeeding in these segments increasingly focus on integration capabilities rather than standalone performance, positioning their technologies as complementary components within broader genomic ecosystems.
Segment Analysis: By Application
Diagnostics: Clinical Integration Leader
Diagnostic applications have secured both market dominance with a 41.6% share and the fastest growth rate at 21.8% CAGR, highlighting genomics' successful transition from research settings to clinical decision-making environments. This leadership position reflects the accelerating adoption of genomic testing across multiple disease areas—from oncology and rare diseases to infectious disease surveillance and non-invasive prenatal testing. The diagnostic segment's expansion is driven by mounting evidence that genomic information directly improves patient outcomes, particularly in therapeutic selection. Digital PCR systems enabling rapid workflows that deliver results in under two hours are accelerating this clinical integration by aligning genomic testing with practical hospital timeframes. Healthcare systems are consequently rebuilding diagnostic algorithms around genomic insights, creating sustained demand that extends beyond academic medical centers to community healthcare settings.
Beyond Diagnosis: Therapeutic Innovation Drivers
Beyond diagnostics, genomics applications are reshaping pharmaceutical research and healthcare delivery through interconnected use cases that target different stages of the patient journey. Drug discovery and development processes have been fundamentally transformed by genomic capabilities, enabling more precise target identification, biomarker discovery, and patient stratification for clinical trials. Precision medicine initiatives are simultaneously evolving from conceptual frameworks to operational realities, with patient education models adapting accordingly—as demonstrated by the 71% survey completion rate among participants using genetic education chatbots. These maturing applications create differentiated opportunities based on disease focus, regional healthcare priorities, and integration requirements. Organizations gaining traction in these domains are strategically positioning their genomic offerings as solutions to specific clinical, research, or operational challenges rather than as technical capabilities searching for applications.
Segment Analysis: By End User
Pharmaceutical & Biotechnology Companies: The Primary Innovation Investors
Pharmaceutical and biotechnology companies constitute the largest customer segment in the genomics market with a commanding 52.0% share, demonstrating how genomics has transitioned from experimental technology to essential infrastructure in modern drug development. This dominant market position stems from the industry's strategic shift toward genetically-informed therapeutic approaches—including targeted therapies, biomarker-driven clinical trials, and pharmacogenomics applications. The pharmaceutical sector's substantial investment in genomic capabilities reveals how genetic insights have become competitive necessities rather than optional advantages in contemporary drug development pipelines. Companies serving this segment are finding success by designing solutions that integrate seamlessly with existing drug development workflows while addressing the sector's specific regulatory, scale, and data integration requirements.
Hospitals and Clinics: The Clinical Implementation Wave
Hospitals and clinics represent the fastest-expanding segment with an 18.7% CAGR, signaling healthcare's accelerating transition from treating genomics as a specialized capability to incorporating it within standard clinical workflows. This growth is driven by converging factors: declining sequencing costs, expanding reimbursement policies, and mounting evidence that genomic information improves patient outcomes across multiple specialties. The clinical implementation is particularly evident in oncology, where genetic education tools show promising engagement—with 80% of pancreatic cancer patients using specialized chatbots in recent studies. Healthcare providers successfully navigating this genomic transformation are developing institutional capabilities that extend beyond technology implementation to include clinical workflow redesign, interpretation services, and electronic health record integration. For technology suppliers, this hospital segment growth represents an opportunity to develop purpose-built clinical genomics solutions that prioritize ease of use, report clarity, and integration with existing healthcare IT infrastructure.
Scientific Innovators and Specialized Adopters
Research centers and specialized institutional users continue driving genomic innovation while establishing frameworks that subsequently influence clinical applications in the wider genomics industry. Academic and government research facilities maintain crucial roles as both technology evaluators and application pioneers, often working at the boundaries of genomic capabilities in fields ranging from population genetics to microbiome analysis. Specialized digital PCR systems supporting various throughput needs—from 96 to over 1,200 samples daily—illustrate how technology providers are developing solutions suitable for diverse research environments and applications. Emerging user categories, including consumer genomics companies, agricultural organizations, and forensic services, are meanwhile creating new application domains with distinct requirements. This segmentation creates market opportunities for solutions tailored to specific research questions, sample types, and operational contexts—particularly for providers who can adapt core technologies to address specialized requirements without developing entirely custom platforms.
Geography Analysis
North America: The Genomic Powerhouse
North America dominates the global genomics market with a substantial 44.7% share, driven by extensive research infrastructure, significant healthcare spending, and early adoption of precision medicine initiatives. The region's leadership is reinforced by strong governmental support for genomic research and a robust ecosystem of biotechnology companies and research institutions. Advanced technologies, favorable reimbursement policies, and growing patient awareness about personalized medicine have created fertile ground for genomic applications across diagnostics, drug development, and precision medicine. Companies operating in this region benefit from proximity to major research centers and access to venture capital, but must navigate complex regulatory environments and address concerns about data privacy and genetic discrimination.

United States: The Market Cornerstone
The United States stands as the cornerstone of the North American genomics industry, commanding 37.4% of the global market share. This dominance stems from unparalleled research funding through institutions like the National Institutes of Health (NIH), a strong commercial ecosystem of both established players and innovative startups, and forward-looking regulatory frameworks. The country's genomics landscape has evolved beyond pure research into practical clinical applications, with major health systems incorporating genetic testing into standard care protocols. The key takeaway for industry stakeholders is clear: success in the global genomics arena requires a strategic U.S. market presence, either through direct operations or partnerships with American entities that can provide access to this critical market's innovation ecosystem and commercial channels.
Canada: The Collaborative Innovator
While smaller than its southern neighbor, Canada has emerged as North America's growth catalyst in the genomics market. The country has strategically positioned itself through initiatives like Genome Canada and provincial research networks that foster collaboration between academia, industry, and healthcare systems. Canada's universal healthcare system provides a unique advantage for population-level genomic studies and clinical implementation pathways that differs from the fragmented U.S. approach. This healthcare environment creates opportunities for companies that can navigate centralized procurement processes and demonstrate both clinical utility and cost-effectiveness to provincial health authorities. Firms looking to capitalize on Canada's growth should align with national research priorities and develop stakeholder engagement strategies that address the unique dynamics of its publicly-funded healthcare system.
Mexico: The Emerging Contributor
Mexico completes North America's genomic triad with an evolving market characterized by growing domestic capabilities and international collaborations. The country has made strategic investments in genomic infrastructure, highlighted by the National Institute of Genomic Medicine (INMEGEN) and its focus on studying genetic factors specific to Mexican populations. This population-specific approach creates unique opportunities for companies offering targeted genomic solutions that address the country's distinct genetic makeup and prevalent health conditions. The key insight is that Mexico represents both a distinctive market with unique needs and a potential gateway to broader Latin American expansion, requiring companies to develop tailored approaches that respect both genetic diversity and economic realities while building relationships with local research institutions and healthcare providers.
Europe: The Regulatory Pacesetter
Europe represents a substantial 26.0% of the global genomics market, distinguished by its strong regulatory framework, public healthcare systems, and collaborative research initiatives across borders. The region's approach to genomics balances innovation with ethical considerations, creating a market environment where patient rights and data security receive heightened attention. The European genomics landscape is powered by initiatives like the 1+ Million Genomes Initiative and country-specific programs that aim to integrate genomic medicine into standard healthcare. The UK has made particularly notable strides, having conducted over 500 million PCR tests for SARS-CoV-2 and completing over 2 million SARS-CoV-2 genome sequences uploaded to the international GISAID database by September 2022. This collaborative yet carefully regulated approach creates opportunities for companies that can navigate cross-border data sharing requirements while addressing the specific needs of centralized healthcare systems.
Germany: The Methodical Leader
Germany stands as Europe's genomic powerhouse with 7.3% of the global market share, leveraging its strong pharmaceutical and biotechnology industries alongside substantial government support. The country combines traditional industrial strength with emerging digital health initiatives, creating a favorable environment for both conventional and innovative genomic applications. The German Public Health Insurance allocated a EUR 15.5 million budget increase for genetic diagnostic services in 2023, signaling strong governmental commitment to expanding genomic medicine. This support creates strategic opportunities for companies that can align with the country's methodical, evidence-driven healthcare approach while navigating its structured reimbursement systems. Successful market entrants will need to demonstrate not just clinical utility but also economic value within Germany's cost-conscious yet innovation-friendly healthcare system.
United Kingdom: The Innovation Hub
The United Kingdom has positioned itself as Europe's genomic innovation hub through pioneering initiatives and forward-looking regulatory frameworks. The UK's leadership is exemplified by groundbreaking programs like the 100,000 Genomes Project, which has led to a rare disease diagnosis for 25% of its participants and identified potential therapies or clinical trials for approximately 50% of cancer cases. Further demonstrating the country's commitment to genomic advancement, Bupa launched a two-year My Genomic Health pilot in October 2024, offering whole genome sequencing to more than 3,500 selected customers to assess genetic risk for over 36 conditions. This progressive environment creates opportunities for companies that can navigate the UK's post-Brexit regulatory landscape while leveraging its world-class research infrastructure and National Health Service (NHS) partnerships to demonstrate real-world clinical utility and cost-effectiveness.
Remaining European Markets: The Diverse Mosaic
The rest of Europe presents a mosaic of genomic opportunities, each with distinctive characteristics shaped by national healthcare systems, research priorities, and regulatory approaches. France combines strong basic research with growing clinical applications, while Italy demonstrates particular strength in rare disease genomics. Spain has created specialized centers of excellence, and smaller markets like the Nordic countries leverage their comprehensive health records and population biobanks to create outsized research impact. This diversity creates opportunities for companies that can tailor their approach to each market's distinctive needs while leveraging pan-European research networks and funding mechanisms. Success requires understanding each country's reimbursement pathways, key opinion leaders, and clinical priorities, with particular attention to how genomic applications are evaluated and integrated within different national healthcare systems.
Asia-Pacific: The Growth Engine
The Asia-Pacific region represents 20.8% of the global genomics market and stands as the fastest-growing genomic frontier, combining large population bases, increasing healthcare expenditure, and governmental prioritization of biotechnology development. This growth is driven by China's ambitious genomic initiatives, Japan's precision medicine programs, and emerging capabilities in India, Australia, and South Korea. The region offers advantages including large and genetically diverse populations for research, increasingly sophisticated healthcare systems eager to adopt cost-effective innovations, and government policies actively promoting biotechnology as a strategic industry. However, companies must navigate significant regional variations in regulatory frameworks, intellectual property protection, data governance standards, and healthcare infrastructure. The strategic imperative for global genomics firms is clear: develop tailored Asia-Pacific strategies with market-specific approaches rather than treating the region as a monolithic extension of Western markets.
Middle East and Africa: Study in Contrasts
The Middle East and Africa region holds 7.3% of the global genomics market, presenting a study in contrasts where advanced genomic capabilities in wealthy Gulf states exist alongside developing infrastructure across much of the continent. The region's genomic landscape is characterized by targeted initiatives like Saudi Arabia's Human Genome Program and the UAE's Emirati Genome Program, which focus on population-specific genetic research to address local health challenges. In Africa, genomic initiatives are increasingly addressing the critical issue of underrepresentation of African genetic diversity in global datasets, creating opportunities for companies that can contribute to building more inclusive genomic references while addressing region-specific disease burdens. The key insight for market participants is that success requires approaches that recognize both the premium opportunities in well-funded Gulf healthcare systems and the distinct needs of developing markets where cost-effective solutions and capacity-building partnerships may create longer-term advantages.
South America: The Specialized Opportunity
South America accounts for 5.2% of the global genomics market, characterized by a combination of established research capabilities in countries like Brazil and Argentina alongside emerging opportunities in smaller markets. The region's genomic development has been supported by initiatives like Brazil's National Institute of Cancer Genetics and the Argentine Genomic Data System. These programs reflect growing recognition of the value of understanding population-specific genetic factors in addressing regional health priorities, from infectious diseases to rising rates of chronic conditions. The region presents opportunities for companies that can navigate variable regulatory environments and offer solutions aligned with public health priorities while addressing cost constraints through flexible business models. Success in this region demands approaches that combine technological innovation with practical adaptation to local healthcare realities, potentially leveraging academic and public health partnerships to build sustainable market presence.
Genomics Industry Overview
Financial Paradox: Revenue Giants Face Profitability Hurdles
The genomics industry presents a competitive landscape where revenue size doesn't automatically translate to profitability. Despite impressive top-line figures, several market leaders are struggling with bottom-line performance, creating opportunities for more financially efficient competitors. Illumina, a cornerstone of the global genomics market, reported USD 4.5 billion in revenue for FY 2023 but posted a concerning net loss of USD 1.2 billion, demonstrating that scale alone doesn't guarantee financial success in this technology-intensive sector. This pattern extends to other players, with ZAI Lab reporting USD 399 million in revenue for FY 2024 alongside a USD 257.1 million net loss, and Azenta Life Sciences recording USD 656.3 million in revenue with a USD 164.2 million loss. Companies that achieve profitability while maintaining innovation pipelines will significantly strengthen their competitive positioning, attracting both investors and potential partners seeking financially sustainable collaboration in the genomics market.
Value Migration: From Hardware Dominance to Service Ecosystems
Industry leaders in the genomics market are increasingly pivoting toward service-oriented business models, recognizing that enduring competitive advantage now resides in data analysis rather than hardware alone. As sequencing technologies become more commoditized, successful companies are building value around interpretation services, data management, and specialized applications. BGI Genomics has leveraged its presence across 100 countries to develop robust service offerings complementing its core technologies, while smaller specialized players like Lucid Genomics secured EUR 1.3 million in pre-seed funding specifically to fine-tune Artificial intelligence (AI) models for diagnostics and biomarker discovery. This strategic evolution reflects a crucial competitive insight: companies that successfully transition from hardware-centric to service-integrated models create more sustainable revenue streams and deeper customer relationships. In the genomics industry, those who master this shift from selling products to providing ongoing value through services will establish stronger market positions and greater resilience against new entrants.
Security Premium: Data Protection as Competitive Currency
Data security has emerged as a critical competitive differentiator in the genomics industry, with vulnerabilities carrying significant consequences for market positioning and customer trust. In 2022, a data breach at 23andMe compromised the DNA data of 7 million users, highlighting the critical importance of safeguarding sensitive genomic information. Forward-thinking companies now treat security not merely as compliance but as a core competitive lever that directly impacts customer acquisition and retention rates. Even smaller players like Envision Genomics, with 20-49 employees, are investing in technology infrastructure—utilizing 70 technologies across 16 distinct categories—partly to address these security demands. As healthcare institutions increasingly integrate genomics into clinical workflows, their vendor selection processes now prioritize proven security capabilities alongside technological prowess. Companies that proactively invest in robust security frameworks and transparently communicate their data protection measures gain substantial advantage in the global genomics market, particularly when serving highly regulated sectors like healthcare and pharmaceutical research.
Genomics Market Leaders
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Illumina, Inc.
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Thermo Fisher Scientific
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Luminex Corporation
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Myriad Genetics, Inc.
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Agilent Technologies
- *Disclaimer: Major Players sorted in no particular order

Genomics Market News
- March 2025: Researchers from Stanford University, NVIDIA, and the Arc Institute have developed Evo 2, an AI model for predicting genetic variations and constructing genomic sequences across all life domains. It forecasts mutation effects, annotated the woolly mammoth genome, and analyzes sequences up to 1 million nucleotides. Trained on 9.3 trillion DNA base pairs, it captures complex long-range DNA patterns.
- January 2025: AIIMS Jammu in India has launched the Centre for Advanced Genomics & Precision Medicine, advancing personalized medicine. In collaboration with Bengaluru-based 4baseCare, the center leverages genomic research and AI-driven diagnostics to enable tailored treatments, enhance early disease detection, and reduce trial-and-error in prescriptions. It focuses on precision oncology, cardiovascular genomics, and rare genetic disorder screening. The National Research Foundation, Anusandhan, will fund next-generation research in genomics and personalized medicine, driving critical healthcare advancements.
Genomics Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Increasing Applications of Genomics and Rising Government Support
- 4.2.2 Technological Advancements and Growing Adoption of Genomic Medicine
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4.3 Market Restraints
- 4.3.1 High Cost of Equipment and Consumables
- 4.3.2 Dearth of Skilled Professionals
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
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5.1 By Product and Services
- 5.1.1 Consumables
- 5.1.2 Systems and Software
- 5.1.3 Services
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5.2 By Techniques
- 5.2.1 PCR
- 5.2.2 Sequencing
- 5.2.3 Microarray
- 5.2.4 Nucleic Acid Extraction and Purification
- 5.2.5 Other Techniques
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5.3 By Application
- 5.3.1 Diagnostics
- 5.3.2 Drug Discovery and Development
- 5.3.3 Precision Medicine
- 5.3.4 Other Applications
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5.4 By End User
- 5.4.1 Hospitals and Clinics
- 5.4.2 Research Centers
- 5.4.3 Pharmaceutical and Biotechnology Companies
- 5.4.4 Other End Users
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5.5 Geography
- 5.5.1 North America
- 5.5.1.1 United States
- 5.5.1.2 Canada
- 5.5.1.3 Mexico
- 5.5.2 Europe
- 5.5.2.1 Germany
- 5.5.2.2 United Kingdom
- 5.5.2.3 France
- 5.5.2.4 Italy
- 5.5.2.5 Spain
- 5.5.2.6 Rest of Europe
- 5.5.3 Asia-Pacific
- 5.5.3.1 China
- 5.5.3.2 Japan
- 5.5.3.3 India
- 5.5.3.4 Australia
- 5.5.3.5 South Korea
- 5.5.3.6 Rest of Asia-Pacific
- 5.5.4 Middle East and Africa
- 5.5.4.1 GCC
- 5.5.4.2 South Africa
- 5.5.4.3 Rest of Middle East and Africa
- 5.5.5 South America
- 5.5.5.1 Brazil
- 5.5.5.2 Argentina
- 5.5.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 23andMe Inc.
- 6.1.2 Agilent Technologies
- 6.1.3 Bio-Rad Laboratories
- 6.1.4 Eurofins Scientific
- 6.1.5 F. Hoffmann-La Roche Ltd
- 6.1.6 GE Healthcare
- 6.1.7 Illumina Inc.
- 6.1.8 Luminex Corporation
- 6.1.9 Myriad Genetics Inc.
- 6.1.10 Oxford Nanopore Technologies
- 6.1.11 Pacific Biosciences of California Inc.
- 6.1.12 Perkinelmer Inc.
- 6.1.13 QIAGEN
- 6.1.14 Quest diagnostics
- 6.1.15 Thermo Fisher Scientific
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Genomics Industry Segmentation
As per the scope of the report, the genome is the organism's genetic material that contains non-coding DNA, genes, chloroplast and mitochondrial DNA. Genome analysis is known as genomics. The Genomics Market is segmented by Product and Service (Consumables, Systems and Software, and Services), Technique (PCR, Sequencing, Microarray, Nucleic Acid Extraction and Purification, and Other Techniques), Application (Diagnostics, Drug Discovery and Development, Precision Medicine, and Other Applications), End User (Hospitals and Clinics, Research Centers, Pharmaceutical and Biotechnology Companies, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)The report offers the value (in USD billion) for the above-mentioned segments.
By Product and Services | Consumables | ||
Systems and Software | |||
Services | |||
By Techniques | PCR | ||
Sequencing | |||
Microarray | |||
Nucleic Acid Extraction and Purification | |||
Other Techniques | |||
By Application | Diagnostics | ||
Drug Discovery and Development | |||
Precision Medicine | |||
Other Applications | |||
By End User | Hospitals and Clinics | ||
Research Centers | |||
Pharmaceutical and Biotechnology Companies | |||
Other End Users | |||
Geography | North America | United States | |
Canada | |||
Mexico | |||
Europe | Germany | ||
United Kingdom | |||
France | |||
Italy | |||
Spain | |||
Rest of Europe | |||
Asia-Pacific | China | ||
Japan | |||
India | |||
Australia | |||
South Korea | |||
Rest of Asia-Pacific | |||
Middle East and Africa | GCC | ||
South Africa | |||
Rest of Middle East and Africa | |||
South America | Brazil | ||
Argentina | |||
Rest of South America |
Genomics Market Research Faqs
How big is the Genomics Market?
The Genomics Market size is expected to reach USD 59.28 billion in 2025 and grow at a CAGR of 14.89% to reach USD 118.67 billion by 2030.
What is the current Genomics Market size?
In 2025, the Genomics Market size is expected to reach USD 59.28 billion.
Which is the fastest growing region in Genomics Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Genomics Market?
In 2025, the North America accounts for the largest market share in Genomics Market.
What years does this Genomics Market cover, and what was the market size in 2024?
In 2024, the Genomics Market size was estimated at USD 50.45 billion. The report covers the Genomics Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Genomics Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Genomics Industry Report
The genomics industry is witnessing substantial growth, fueled by technological advancements and expanding applications in various sectors such as drug development, diagnostics, and agriculture. Market segmentation includes products, services, technology, applications, and end-users, with a significant share held by consumables and reagents due to the global demand for genomic tests. North America dominates the market, backed by strong research investments and a robust healthcare infrastructure that supports the swift adoption of cutting-edge genomic technologies. Despite facing challenges like the need for skilled professionals and ethical issues concerning genomic data, the industry remains on a path of robust expansion, driven by continuous innovations from genomics companies. These innovations are enhancing precision medicine and personalized treatment plans, presenting lucrative opportunities for stakeholders. For detailed insights into the genomics market share, size, revenue growth, and a forecast outlook, access a free report PDF download from Mordor Intelligence™ Industry Reports, which provides a comprehensive historical overview and future predictions for this dynamic industry.