SEATTLE, July 19, 2021, (MEDGADGET) — Global Genomics Market – Insights
The analysis of human genes and chromosomes is known as genomics. It concentrates on genome structure, work, evolution, mapping, and editing. The genome is an organism’s genetic material, which contains deoxyribonucleic acid (DNA) (DNA). The knowledge used to construct the entire human body is contained in DNA. The human genome is made up of 23 chromosome pairs and 24000 genes. This study is divided into structural genomics, functional genomics, comparative genomics, and structural genomics.
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Drivers:
The global genomics industry is expected to expand due to an increase in new product releases. Contextual Genomics, for example, introduced two molecular hotspot assays for the identification of genomic mutations in blood and solid tumors in January 2019 (Liquid Biopsy Test and new Solid Tumor Panel).
Rosetta Genomics Ltd. has unveiled OncoGxOne in May 2015. The Next Generation Sequencing (NGS) test is used to profile tumors in order to select targeted therapies and determine chemotherapeutic tolerance.
Zenome has released the first decentralized genomic internet app in September 2018, which is intended to expand the possibilities for secure storage of vast amounts of genetic data. The biggest benefit of decentralized genomic internet tech is that it has a much higher level of protection.
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Restraints:
A significant impediment to the global genomics market’s growth is a scarcity of skilled and educated experts in genomics research. According to an express healthcare article from January 2019, genomics studies need highly skilled and trained experts to refine lab workflows and operate them effectively.
Regional Analysis:
Due to increased product launches by key players, Europe is projected to gain substantial share in the global genomics market over the forecast period. For example, Illumina, Inc. announced the launch of its latest VeriSeq NIPT Solution in April 2017, which is a CE-IVD-marked next-generation sequencing (NGS)-based approach to non-invasive prenatal testing (NIPT). The CE-IVD-certified library planning and research program is part of this strategy. Quick, highly reliable, cost-effective, and non-invasive parenteral testing is possible with this program (NIPT).
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Furthermore, owing to increased number of partnership by key players, Asia Pacific is expected to rise significantly in the global genomics market during the forecast period. For example, 10X Genomics, Inc. partnered with Berry Genomics Co. Ltd. in January 2018. 10x Genomics, Inc. will concentrate on designing approaches for next-generation non-invasive prenatal testing (NIPT) and creating and providing new services for Berry Genomics Co. Ltd. as part of this partnership.
Table of Content
Global Genomics Market Research Report
Section 1: Global Genomics Industry Overview
Section 2: Global Economic Impact on Genomics Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Genomics Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Genomics Market Forecast
Other Related Reports:
Pharmacogenomics Market To Surge Past US$ 20.83 Billion By 2026
DNA/Gene Microarray Market To Reach US$ 7,693.0 Million By 2027
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