Genomics Market by Solution and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR40876

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The genomics market has the potential to grow by $ 14.51 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 10.36%.

This genomics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by Geography (North America, Europe, Asia, and ROW). The genomics market report also offers information on several market vendors, including 10X Genomics Inc., Abcam Plc, Agilent Technologies Inc., Becton Dickinson and Co., BGI Genomics Co. Ltd., Bio Rad Laboratories Inc., Danaher Corp., Eppendorf AG, Eurofins Scientific SE, and F. Hoffmann-La Roche Ltd. among others.

What will the Genomics Market Size be in 2021?


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Genomics Market: Key Drivers and Trends

Based on our research output, there has been a NEUTRAL impact on the market growth during and post COVID-19 era. The rising investments in genomic research and development is notably driving the genomics market growth, although factors such as varying regulations in genomic research and testing may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the genomics market industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This genomics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Genomics Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • 10X Genomics Inc.
  • Abcam Plc
  • Agilent Technologies Inc.
  • Becton Dickinson and Co.
  • BGI Genomics Co. Ltd.
  • Bio Rad Laboratories Inc.
  • Danaher Corp.
  • Eppendorf AG
  • Eurofins Scientific SE
  • F. Hoffmann-La Roche Ltd.

The vendor landscape of the genomics market entails successful business strategies deployed by the vendors. The genomics market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the genomics market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Genomics Market?


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38% of the market’s growth will originate from North America during the forecast period. US, UK, Germany, France, and China are the key markets for genomics market in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Reduction in cost of genetic sequencing will facilitate the genomics market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Geography Segments in the Genomics Market?


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The genomics market share growth by the __ segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the genomics market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Genomics Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 10.36%

Market growth 2021-2025

$ 14.51 billion

Market structure


YoY growth (%)


Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 38%

Key consumer countries

US, UK, Germany, France, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

10X Genomics Inc., Abcam Plc, Agilent Technologies Inc., Becton Dickinson and Co., BGI Genomics Co. Ltd., Bio Rad Laboratories Inc., Danaher Corp., Eppendorf AG, Eurofins Scientific SE, and F. Hoffmann-La Roche Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Genomics Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive genomics market growth during the next five years
  • Precise estimation of the genomics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the genomics market across North America, Europe, Asia, and ROW 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of genomics market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The genomics market growth will increase by $21102.79 million during 2019-2024.
The genomics market is expected to grow at a CAGR of 15.15% during 2019-2024.
Technavio has segmented the genomics market by solution (Products and Services) and geographic (North America, Europe, Asia, and ROW).
Agilent Technologies Inc., Becton, Dickinson and Co., BGI Genomics Co. Ltd., Bio-Rad Laboratories Inc., Danaher Corp., F. Hoffmann-La Roche Ltd., Illumina Inc., PerkinElmer Inc., QIAGEN NV, Thermo Fisher Scientific Inc. are a few of the key vendors in the genomics market.
North America will register the highest growth rate of 38.64% among the other regions. Therefore, the genomics market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • UK
  • Germany
  • France
  • China
  • Japan
The key factors driving the genomics market growth are:
  • Rising investments in genomic research and development
  • Growing adoption of single cell-based genomic analysis
The genomics market vendors should focus on grabbing business opportunities from the products segment as it accounted for the largest market share in the base year.
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