Global Genomics Market Size & Outlook, 2023-2030
Global genomics market, 2018-2030 (US$M)
Related Markets
Global genomics market highlights
- The global genomics market generated a revenue of USD 32,645.6 million in 2023 and is expected to reach USD 94,860.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 16.5% by 2030.
- In terms of segment, functional genomics accounted for a revenue of USD 10,475.2 million in 2023.
- Pathway Analysis is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 32,645.6 million |
| Market revenue in 2030 | USD 94,860.8 million |
| Growth rate | 16.5% (CAGR from 2023 to 2030) |
| Largest segment | Functional genomics |
| Fastest growing segment | Pathway Analysis |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Functional Genomics, Epigenomics, Pathway Analysis, Biomarker Discovery |
Other key industry trends
- In terms of revenue, the North America accounted for 42.6% of the global genomics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 32.7 million by 2030.
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Genomics Market Scope
Genomics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global genomics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to genomics market will help companies and investors design strategic landscapes.
Functional genomics was the largest segment with a revenue share of 32.09% in 2023. Horizon Databook has segmented the Global genomics market based on functional genomics, epigenomics, pathway analysis, biomarker discovery covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Genomics Application Outlook (Revenue, USD Million, 2018-2030)
- Functional Genomics
- Real-time PCR
- Transfection
- SNP analysis
- Mutational analysis
- Microarray analysis
- RNA interference
- Epigenomics
- Bisulfite sequencing
- Microarray analysis
- Chromatin immunoprecipitation (ChIP & ChIP-Seq)
- Methylated DNA immunoprecipitation (MeDIP)
- High resolution melt (HRM)
- Chromatin accessibility assays
- Pathway Analysis
- Microarray analysis
- Bead-based analysis
- Proteomics tools (2-D PAGE; yeast 2-hybrid studies)
- Real-time PCR
- Biomarker Discovery
- DNA sequencing
- Microarray analysis
- Real-time PCR
- Mass spectrometry
- Statistical analysis
- Bioinformatics
- Others
- Functional Genomics
- Global Genomics Deliverable Outlook (Revenue, USD Million, 2018-2030)
- Product
- Instruments/Systems/Softwares
- Consumables & Reagents
- Services
- NGS-based Services
- Core Genomics Services
- Biomarker Translation Services
- Computational Services
- Others
- Product
- Global Genomics End Use Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical and Biotechnology Companies
- Hospitals and Clinics
- Academic and Government Institutes
- Clinical Research
- Other End Users
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global genomics market databook
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Our clientele includes a mix of genomics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global genomics market , including forecasts for subscribers. This global databook contains high-level insights into Global genomics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global genomics market size, by regions, 2018-2030 (US$M)
Top 10 countries: Genomics market size, 2023 (US$M)
Global genomics market share, by application, 2023 & 2030 (%, US$M)
Genomics market: Opportunity assessment by country
Global genomics market, by region, 2023 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 6,923.4 | 7,831.2 | 8,869.7 | 10,263.6 | 11,958.8 | 13,922.0 | 16,186.5 | 18,827.3 | 21,923.5 | 25,566.0 | 29,864.9 | 34,946.4 | 40,979.9 | 16.7% |
| Europe | 4,979.9 | 5,613.6 | 6,336.2 | 7,306.8 | 8,484.5 | 9,843.5 | 11,405.4 | 13,220.7 | 15,342.2 | 17,830.0 | 20,756.9 | 24,205.5 | 28,287.5 | 16.3% |
| Asia Pacific | 2,859.5 | 3,280.5 | 3,767.5 | 4,419.5 | 5,219.0 | 6,156.4 | 7,251.3 | 8,542.6 | 10,073.1 | 11,892.6 | 14,062.3 | 16,653.0 | 19,759.5 | 18.1% |
| Latin America | 1,191.3 | 1,308.8 | 1,438.6 | 1,614.3 | 1,822.4 | 2,053.7 | 2,309.1 | 2,594.7 | 2,915.8 | 3,277.4 | 3,685.6 | 4,146.0 | 4,667.2 | 12.4% |
| MEA | 432.6 | 466.7 | 503.0 | 552.6 | 609.7 | 670.0 | 733.1 | 799.4 | 869.1 | 941.7 | 1,016.5 | 1,092.1 | 1,166.8 | 8.3% |
| Overall | 16,386.7 | 18,500.7 | 20,915.0 | 24,156.9 | 28,094.4 | 32,645.6 | 37,885.3 | 43,984.8 | 51,123.5 | 59,507.8 | 69,386.1 | 81,043.0 | 94,860.8 | 16.5% |
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