1. Market Research
  2. > Biotechnology Market Trends
  3. > Genomics

Genetics Analysis Market: Latest Industry Statistics and Trends

  • Currently 2/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
18 votes

Global Genomics Industry

The global genomics industry is forecast to record in excess of 18% yearly growth for the ten-year period ending 2017, according to research from Industry Experts.

The world bioinformatics market is expected to exceed $7.5 billion by 2017, up from under $2.5 billion in 2011. Bioinformatics formed the basis of a database containing biological information, which detailed matters of design and the development of complex interfaces. Bioinformatics allows researchers to access and alter data that has already been created and stored, and also to submit new data.

Key Market Segments

The global biomarker industry had an estimated worth in excess of $13 billion in 2011, reports Markets and Markets. Market growth is expected to exceed 14% to bring market worth to almost $26 billion in 2016. Biomarker discovery technology represents a leading segment in this market, followed by the application market. Cardiology continues to record the highest rate of yearly growth, and is predicted to exceed 16% for the five-year period ending 2016. Biomarkers can be categorized according to criteria such as application or use in drug development decision-making. The pharmaceutical industry is using biomarkers at an increasing rate due to their role in overcoming certain obstacles such as the soaring price of drug development and a falling success rate for drugs in clinical trials. Biomarkers are also being increasingly used in companion diagnostics and personalized medicine.

North America dominates the global biomarker market, followed by the EU. Asia represents the regional market recording the highest rate of growth. Market expansion in Asia is largely due to the rapid adoption of high throughput technologies in the realm of biomarker discovery, and the region’s rapidly growing IT industry.

The global proteomics industry is involved in discerning the role of pathomechanisms in disease. JainPharma Biotech forecasts proteomic technologies will become an increasingly central element in medicine as well as in molecular diagnostics and drug discovery. 2D gel electrophoresis and mass spectrometry represent the most-used technologies, and are used for protein separation and protein analysis, respectively. Proteomic technologies are being used along with genomic approaches in drug discovery.

The global genetic testing market continues to record strong growth, and is forecast to maintain a yearly growth rate of close to 20% to reach $10 billion in 2015, according to research from Renub Research. Market growth is fuelled by an aging population, increasing cases of both genetic and chronic diseases, and rising molecular diagnostics demand. Pharmacogenomics represent the most profitable segment within the genetic testing market. Growth in the cancer genetic testing market segment represents close to a quarter of the overall market in 2010, and is forecast to become the leading market segment by 2015.

The global genealogy products and services market is being driven by customer curiosity regarding their roots. Global Industry Analysts underlines the importance of the internet as a research tool for individuals seeking to discover more about their genealogy. Many forms of information relevant to genealogical are available on the internet, including databases and historic records. Internet tools have also adapted to cater to more diverse demands, such as tools to construct profiles and family trees. Individuals are paying between $1,000 and close to $20,000 each year to trace their roots.

Rising awareness about and interest in genealogy has led to an ever-expanding array of products and services. Individuals are eager to avail of the internet and genealogical websites to research their family history.

The world biobanking market is expected to record a yearly growth rate of almost 8% to reach almost $24 billion in 2015, according to research made available by Knowing Future. North America dominates the market with over 30% share in the overall market. However, both China and India are recording higher growth rates than that of the US.

Read more ¬Ľ

Share

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 5900 reports

Global Genomics Industry

  • January 2016
    14 pages
  • Genomics  

    RNA  

  • World  

View report >

Genomics Industry in the US

  • February 2017
    10 pages
  • Blood Disease  

  • United States  

View report >

Genomics Industry in Europe and Belgium

  • January 2017
    8 pages
  • Colorectal Canc...  

  • Belgium  

    Europe  

View report >

The future of the Genomics Industry in Asia

  • December 2016
    12 pages
  • Genomics  

  • Asia  

    World  

View report >

Genomics Industry in Japan

  • January 2017
    6 pages
  • Genomics  

    Nucleotide  

  • Japan  

View report >

Genomics Industry in France

  • August 2015
    6 pages
  • Genomics  

  • France  

View report >

Genomics Industry in Germany and Europe

  • January 2016
    17 pages
  • Genomics  

    Genetic  

  • Germany  

    Europe  

View report >

Genomics Industry in Italy

  • December 2015
    6 pages
  • Therapy  

  • Italy  

View report >

Genomics Industry in the UK

  • February 2017
    10 pages
  • Genomics  

  • United Kingdom  

View report >

Genomics Industry in Canada

  • February 2017
    7 pages
  • Genomics  

  • Canada  

View report >

Search in Genomics Industry (About 5900 reports)
Parent industry: Biotechnology
Related industries: Biological Therapy, Biomaterial, Biopharmaceutical, Genetically Modified Organism

About 900 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 87 - $ 6531)

Sample Preparation in Genomics, Proteomics, and Epigenomics: Global Markets

Sample Preparation in Genomics, Proteomics, and Epigenomics: Global Markets

  • $ 6650
  • Industry report
  • January 2017
  • by BCC Research

Use this report to: - Assess current market dynamics and estimate future demand for sample preparation in genomics, proteomics and epigenomics. - Gain insight into existing products as well as new developments ...

Biobanking: Technologies And Global Markets

November 2016 $ 6650

2016 Global Survey On Clinical Next-generation Sequenci ...

January 2017 $ 6000

Non-alcoholic Steatohepatitis Biomarkers Market And Pha ...

January 2017 $ 5795

Biomarkers Market By Product, Type, Disease Indication, ...

February 2017 $ 5650

Regenerative Medicine Market By Therapy, Product, Appli ...

February 2017 $ 5650

Molecular Diagnostics Market By Application, Oncology, ...

February 2017 $ 5650

Glycomics/glycobiology Market By Product, Instruments, ...

January 2017 $ 5650

Molecular Cytogenetics Market By Product, Technique, Ap ...

January 2017 $ 5650

In Situ Hybridization Market By Technique, Application, ...

January 2017 $ 5650

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.