Australia Multiomics Market Size & Outlook, 2023-2030
Australia multiomics market, 2018-2030 (US$M)
Related Markets
Australia multiomics market highlights
- The Australia multiomics market generated a revenue of USD 56.6 million in 2023 and is expected to reach USD 184.3 million by 2030.
- The Australia market is expected to grow at a CAGR of 18.4% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating product & service in 2023.
- Services is the most lucrative product & service segment registering the fastest growth during the forecast period.
Multiomics market data book summary
| Market revenue in 2023 | USD 56.6 million |
| Market revenue in 2030 | USD 184.3 million |
| Growth rate | 18.4% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, Product |
| Key market players worldwide | Thermo Fisher Scientific Inc, Illumina Inc, Danaher Corp, Shimadzu Corp, Bruker Corp, Qiagen NV, Agilent Technologies Inc, BD, Revvity Inc, BGI Group |
Other key industry trends
- In terms of revenue, Australia accounted for 2.4% of the global multiomics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China multiomics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 194.0 million by 2030.
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Multiomics Market Scope
Multiomics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia multiomics 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 multiomics market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 57.42% in 2023. Horizon Databook has segmented the Australia multiomics market based on services, product covering the revenue growth of each sub-segment from 2018 to 2030.
Australia has a strong research and academic community with a focus on multiomics studies. Universities and research institutions in the country have been actively involved in various multiomics research projects, advancing our understanding of complex biological systems.
In addition, the Australian government has been providing funding and support for research and innovation in life sciences, which includes multiomics research, thereby driving the overall market growth.
For instance, in October 2022, Australia’s Centre for Population Genomics (CPG), which was established through a partnership between the Garvan Institute of Medical Research and the Murdoch Children's Research Institute, launched a new initiative to involve diverse communities in genomics research.
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Target buyers of Australia multiomics market databook
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Our clientele includes a mix of multiomics 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 country-level data and insights on the Australia multiomics market , including forecasts for subscribers. This country databook contains high-level insights into Australia multiomics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia multiomics market size, by product & service, 2018-2030 (US$M)
Australia Multiomics Market Outlook Share, 2023 & 2030 (US$M)
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