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(Medical-NewsWire.com, October 28, 2018 ) This 'Genomics Market' report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
The demand for genomics market is anticipated to be relatively high in North America due to the presence of various market players in the region. Also, the availability of funds by government bodies is expected to propel the growth of the market in North America. During the forecast period, Asia Pacific is expected to witness growth at a significant rate, owing to constant research activities being carried out in developing countries such as, India and China.
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Genomics is an area within genetics, which deals with the sequencing and analysis of an organism’s genome. Genomics helps in analyzing the structure and functions of a gene. Since genomics offers great potential in the study of genes, it has vast scope of application in molecular biology and medicine. In recent years, genomic technologies are being used in analysis of human genomics, metagenomics, bacteriophage genomics, pharmacogenomics, and cyanobacteria genomics.
Rise in the number of government funds and growing application areas of genomics are expected to be the factors driving growth of the market during the forecast period. Various R&D activities being conducted in the field of genomics is expected to offer vast growth opportunities during the forecast period.
The genomics market is segmented based on product & service as, services, consumables and instruments & systems. Based on technology, the market is categorized as microarray, PCR, nucleic acid extraction & purification, and other technologies. The market is segmented based on application as, diagnostics, drug discovery & development, precision medicine, and other applications. Based on end user, the market is categorized as pharmaceutical & biotechnological companies, hospitals & clinics, research centers & academic institutes, government institutes, and other end users.
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
The report also includes the profiles of key genomics manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Some of the notable players operating in the market Bio-Rad Laboratories, Inc., Illumina, Inc., Agilent Technologies, General Electric, BGI, QIAGEN, Eurofins Scientific, Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd, and PerkinElmer Inc. among others.
Continuous innovation in the Genomics technology is a major strategy adopted by industry participants to gain significant market share.
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Sameer Joshi
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sam@theinsightpartners.com
Source: EmailWire.Com 
Source: EmailWire.com
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