Market Research Report

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Global Genomic Data Analysis and Interpretation Market

Focus on Products, Genomic Platforms, Applications, End Users, Country Data (15 Countries), and Competitive Landscape - Analysis and Forecast, 2020-2030

 
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The genomic data analysis and interpretation market is projected to reach $2.10 Billion by 2030 from $738.7 Million in 2019.

Decreasing cost of sequencing, global increase in cancer prevalence, and increasing number of population genomics initiative are some of the factors driving the growth of the market.

The genomic data analysis and interpretation can be used for various purposes including research (omics-data analysis, population sequencing, annotation and gene expression, and other research applications) and clinical (oncology, rare diseases, infectious diseases, sexual and reproductive health, and other clinical applications).

Factors that are responsible for restraining the growth of the market, include lack of high complexity genomic testing centers in high potential markets, challenges pertaining to genomic data storage, and scarcity of knowledge dissemination pertaining to advanced diagnostic capabilities.

Some of the major key players operating in the market include 10x Genomics, Inc., Agilent Technologies, Inc., ASURAGEN INC., Beijing Genomics Institute (BGI) Genomics Co., Ltd, Bio-Rad Laboratories, Inc., DNASTAR, F. Hoffmann-La Roche Ltd., Golden Helix, Inc., Illumina, Inc., Oxford Nanopore Technologies, Inc., Pacific Biosciences of California, Inc., Partek Inc., QIAGEN N.V., SoftGenetics LLC, and Thermo Fisher Scientific Inc.

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