Thailand Multiomics Market Size & Outlook, 2023-2030
Thailand multiomics market, 2018-2030 (US$M)
Related Markets
Thailand multiomics market highlights
- The Thailand multiomics market generated a revenue of USD 11.1 million in 2023 and is expected to reach USD 31.5 million by 2030.
- The Thailand market is expected to grow at a CAGR of 16% 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 11.1 million |
| Market revenue in 2030 | USD 31.5 million |
| Growth rate | 16% (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, Thailand accounted for 0.5% 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 |
|---|
Thailand 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 57.66% in 2023. Horizon Databook has segmented the Thailand multiomics market based on services, product covering the revenue growth of each sub-segment from 2018 to 2030.
Over the past few years, the multiomics market in Thailand has witnessed significant growth, primarily driven by an increasing focus on integrating genomics, proteomics, transcriptomics, and metabolomics to attain a comprehensive understanding of biological systems.
On the other hand, increasing investment in multiomics research by the Thai government has contributed to the overall market growth. In 2019, the Thai government introduced the Genomics Thailand Initiative to develop one of the most comprehensive medical databases in the region by cataloging the genomes of 50,000 Thai people till 2024.
Furthermore, genome sequencing technologies are becoming increasingly available in several Thailand institutes such as Thailand National Center for Genetic Engineering and Biotechnology (BIOTEC), Thailand Center of Excellence for Life Sciences (TCELS), and Ramathibodi Hospital’s Center for Medical Genomics, which further drives the overall market growth.
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Target buyers of Thailand 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 Thailand multiomics market , including forecasts for subscribers. This country databook contains high-level insights into Thailand multiomics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand multiomics market size, by product & service, 2018-2030 (US$M)
Thailand Multiomics Market Outlook Share, 2023 & 2030 (US$M)
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