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Genomics Market- Trends & Global Forecasts to 2020
The genomics market is poised to reach USD 19.99 billion by 2020, growing at a CAGR of 9.9% during the forecast period of 2015 to 2020. The major factors driving the growth of the global genomics market include increasing investments, grants, and funds by the government; increasing research in the field of genomics; increasing number of start-up companies; and increasing application of genomic sequencing in the diagnostics. Despite the large number of benefits like detection of genetic variations in a diseased condition, high costs of genomic sequencing instruments/systems are restraining the genomics market.
The applications of genomics technologies have witnessed growth in recent years, which can be primarily attributed to the availability of advanced systems as well as the low cost of conducting sequencing. The technological advancement is evident from the number of improved versions of existing sequencers released in recent years. For instance, in January 2014, the leading player in the genomics market, Illumina, Inc. (U.S.), launched its NextSeq 500 System, which combines high-throughput performance with an affordable desktop form factor. This system is expected to enable researchers to perform sequencing in less than a day. In addition, the company also launched the NextSeq 500 System in January 2014, which combines high-throughput performance with an affordable desktop form factor. This system is expected to enable researchers to perform sequencing in less than a day.
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Table of Content-
1 INTRODUCTION 18
2 RESEARCH METHODOLOGY 22
3 EXECUTIVE SUMMARY 31
4 PREMIUM INSIGHTS 37
5 MARKET OVERVIEW 42
6 GLOBAL GENOMICS MARKET, BY PRODUCT 55
7 GLOBAL GENOMICS MARKET, BY TECHNOLOGY 61
8 GLOBAL GENOMICS MARKET, BY PROCESS 68
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News Release: Genomics Market- Trends & Global Forecasts to 2020
Submitted on: January 12, 2017 07:54:13 AM
Submitted by: Roberts Grey
On behalf of: www.grandresearchstore.com/medical-devices/genomics-market-by-product-instruments-consumables-technology-sequencing-pcr-microarray-application-diagnostics-personalized-medicine-process-library-preparation-sequencing-26-imaging-end-user---trends-26-