Australia Precision Genomic Testing Market Size & Outlook
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Australia precision genomic testing market highlights
- The Australia precision genomic testing market generated a revenue of USD 248.8 million in 2024 and is expected to reach USD 560.6 million by 2030.
- The Australia market is expected to grow at a CAGR of 14.6% from 2025 to 2030.
- In terms of segment, consumables was the largest revenue generating product in 2024.
- Services is the most lucrative product segment registering the fastest growth during the forecast period.
Precision genomic testing market data book summary
| Market revenue in 2024 | USD 248.8 million |
| Market revenue in 2030 | USD 560.6 million |
| Growth rate | 14.6% (CAGR from 2025 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Services, Consumables |
| Key market players worldwide | Illumina Inc, Amgen Inc, Circle DNA, Roche Holding AG ADR, Thermo Fisher Scientific Inc, Ancestry, Agilent Technologies Inc, Qiagen NV |
Other key industry trends
- In terms of revenue, Australia accounted for 1.6% of the global precision genomic testing market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China precision genomic testing market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,936.3 million by 2030.
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Precision Genomic Testing Market Scope
Precision Genomic Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Circle DNA | View profile | - | Causeway Bay, Hong Kong Island, Hong Kong, Asia | https://circledna.com/ |
| Ancestry | View profile | - | Melbourne, Victoria, Australia, Oceania | https://www.ancestry.com.au/ |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Agilent Technologies Inc | View profile | 17700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | https://www.agilent.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Roche Holding AG ADR | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
| Amgen Inc | View profile | 26700 | One Amgen Center Drive, Thousand Oaks, CA, United States, 91320-1799 | https://www.amgen.com |
Australia precision genomic testing 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 precision genomic testing market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 52.25% in 2024. Horizon Databook has segmented the Australia precision genomic testing market based on equipment, services, consumables covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Australia precision genomic testing market databook
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Our clientele includes a mix of precision genomic testing 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 precision genomic testing market , including forecasts for subscribers. This country databook contains high-level insights into Australia precision genomic testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia Product - Precision Genomic Testing Market size, 2024 - 2030 (US$M)
Australia Precision Genomic Testing Market Outlook Share, 2024 & 2030 (US$M)
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