Showing posts with label Genomics Personalized Health Market. Show all posts
Showing posts with label Genomics Personalized Health Market. Show all posts

Friday, 27 April 2018

Genomics Personalized Health Market to Reach US$ 25,112.5 Million by the End of 2025

This report on Genomics Personalized Health market studies the current as well as future forecasts of the market globally. The stakeholders of this report include companies and intermediaries engaged in the manufacturing and commercialization of various Genomics Personalized Health instrument and products as well as new entrants planning to enter this market. This report covers an elaborate executive summary along with a market snapshot providing overall information of various segments and sub-segments considered within the scope of the study. This section also provides the overall information and data analysis of the global Genomics Personalized Health market with respect to the prominent market segments based on major technology, test type, end-user, and geographies.


The global Genomics Personalized Health market is divided into: by technology, by test type, by end-user and by geography. On the basis of technology the Genomics Personalized Health market is segmented as NGS platforms, RT-PCR, Microarray, Genetic analyzers, and. On the basis of test type Genomics Personal Health Market is segmented as oncology testing, infectious disease testing, orphan disease testing, autoimmune disease testing, obstetrics testing, and others. On the basis of end-user the Genomics Personalized Health market is classified as academics & research Institutes, diagnostic centers, and others. The market for the above mentioned segments of global personalized health market has been comprehensively analyzed based on their utility, effectiveness, sales, and geographic presence. Market revenue in terms of US$ Mn along with the compound annual growth rate (CAGR %) from 2017 to 2025 has been provided for all segments, considering 2016 as the base year.

The market overview section of the report explores the market dynamics such as drivers, restraints, and opportunities that currently have a strong impact on the global Genomics Personalized Health market and can influence the market in the near future. Market attractiveness analysis has been provided in all the sections of the report in order to explain the intensity of competition in the global genomics personalized health market across different types of technologies/test type/end-users/geographies. The competitive scenario among different market players in global genomics personalized health market is evaluated through market share analysis in the competition landscape section of the report. The section also comprises of completion matrix that analyzes the competition among some of the top global players operating in the genomics personalized health market. All these factors would help market players to take strategic decisions in order to strengthen their positions and expand their shares in the global market.


Geographically, the Genomics Personalized Health market has been segmented into five regions: North America, Europe, Asia Pacific, Europe, Middle East & Africa (MEA), and Latin America. Each regional market for Genomics Personalized Health market has been further categorized into major technology, test type and end-user segments considered within the scope of the study. Key country (U.S., Canada, Japan, Germany, France, U.K., Australia, Canada, China, Brazil, Mexico, India, etc.) market revenues have also been provided in different regional sections within the report. Market revenue in terms of US$ Mn for the period from 2015 to 2025 along with CAGR % from 2017 to 2025 are provided for all the regions and nations considering 2016 as the base year.
The report profiles key manufacturers in the Genomics Personalized Health market based on various characteristics such as company details, SWOT analysis, strategic overview, financials, and business overview. Major players profiled in this report include QIAGEN, Illumina, Inc., Thermo Fisher Scientific, Inc. Bio-Rad Laboratories, Inc. ,F. Hoffmann-La Roche AG, Lonza Group, INVITAE Corporation, Genetic Technologies Limited, Interleukin Genetics Inc., Eastern Biotech and Life Sciences, DNA Genotek Inc. (Subsidiary of OraSure Technologies, Inc.),uBiome, Inc., and XCode Life Sciences Private Limited.


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Wednesday, 31 January 2018

Genomics Personalized Health Market is Estimated to Reach US$ 25,112.5 Million by 2025

As per TMR, the global genomics personalized health market is likely to rise at a cracking pace of 14.9% CAGR between 2017 and 2025, for the market to become worth US$25,112.5 mn by the end of 2025. The market stood at a valuation of US$7,243.0 mn in 2016.


The global genomics personalized health market is majorly driven by the increasing investments for research and development of biomarkers. Biomarkers have significance for identifying the physiological state of an organism suffering from a certain disease. The increasing prevalence of chronic diseases such as cancer and diabetes has led to an increased demand for disease diagnostics, which is indirectly benefitting the genomics personalized health market. For instance, the unexpected increase in Ebola incidence has benefitted players in the global genomics personalized health market to introduce an effective course of treatment.

Apart from this, the growth of the pharmaceutical sector and prediction and assessment of response to treatment are leading to a surged demand for genomics personalized health solutions. Burgeoning development in the molecular biology sector coupled with technological innovations are also acting in favor of the global genomics personalized health market. Lastly, the growing geriatric population worldwide that will present a considerable demand for personalized medication is expected to aid the growth of genomics personalized health market in the upcoming years.

The key segments of the market based on technology are NGS platforms, microarray, RT-PCR, genetic analyzers, and others. Of them, NGS platform held a significant share of more than 32.0% share of the market in 2016. Diagnostic centers and academic and research institutes are the leading end-use segments with the segments collectively accounting for a share of almost 88.0% in 2016.


Amongst the key regional segments, North America genomics personalized health market held the leading share in 2016, trailed by Europe. The region is expected to acquire the leading 41.6% share of the market by the end of 2025. In the coming years, however, Asia Pacific is expected to surpass in terms of growth rate over the forecast period mainly because of increasing demand for innovative technology.

On the other hand, amongst a few factors restraining the growth of this market, a complicated regulatory framework that causes a delay in the approval of newer methods is emerging to be a major roadblock to this market. Furthermore, lack of favorable reimbursement policies is expected to prevent end users from opting for personalized medication. The trend will be more pervsive in emerging economies where the healthcare sector is still in developmental phase.

The global market for genomics personalized health is largely occupied by some of the leading vendors, observes a new report by Transparency Market Research (TMR). The topnotch players that include QIAGEN, Thermofisher Scientific, F. Hoffman-La Roche Ltd., and Illumina Inc. held close to 65% of the market in 2016. The market, however, displays intense competition among market participants in a bid to garner larger market share. Key market players are pouring in money into research and development to cater to the rising demand for technologically advanced tests.


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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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