Published by Coherent Market Insights
Posted on September 27, 2021
4 min readLast updated: February 2, 2026
The Genomics Market report forecasts trends and growth to 2027, highlighting key players like Thermo Fisher and technological advancements driving the industry.
Genomics Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Genomics Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report.
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Genomics is the study of human genes and chromosomes. It focuses on structure, function, evolution, mapping, and editing of genomes. Genome is the genetic material of organism, which includes the Deoxyribonucleic acid (DNA). DNA consists the information needed to build the whole human body. Human genome consists of 23 pairs of chromosomes and 24000 genes. This study is divided into various types such as structural genomics, functional genomics, and comparative genomics.
Global Genomics Market Drivers
Increasing new product launches is expected to drive the global genomics market growth. For instance, in January 2019, Contextual Genomics launched two molecular hotspot assays (Liquid Biopsy Test and updated Solid Tumor Panel) for the detection of genomic mutations in blood and solid tumors.
Furthermore, in May 2015, Rosetta Genomics Ltd. launched OncoGxOne. It is Next Generation Sequencing (NGS) test that profiles tumors for targeted therapy selection and chemotherapeutic tolerance.
Moreover, in September 2018, Zenome launched the first decentralized genomic internet software, which is expected to increase possibilities of safe storage of large amount of genetic data. The main advantage of decentralized genomic internet software is that the degree of security is much higher.
Global Genomics Market Restraints
Lack of qualified and trained professionals in genomics study is a major challenge for the global genomics market growth. For instance, in January 2019, according to express healthcare report, genomics study needs highly qualified and trained professionals to optimize lab workflows and run it efficiently.
Major Key Players are: Thermo Fisher Scientific, Inc., Agilent Technologies, Bio-Rad Laboratories, Inc., Illumina, Inc., Pacific Biosciences, Oxford Nanopore Technologies., 23andMe, Inc., Foundation Medicine, Inc. Hoffmann-La Roche Ltd., and Myriad Genetics, Inc.
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The post Genomics Market (Key Players, Developments, Trends & Forecast 2027) | Thermo Fisher Scientific, Inc., Agilent Technologies, Bio-Rad Laboratories. appeared first on Gatorledger.
The article focuses on the Genomics Market, its trends, key players, and forecast to 2027.
Key players include Thermo Fisher Scientific, Agilent Technologies, and Bio-Rad Laboratories.
A major challenge is the lack of qualified professionals in genomics study.
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