The global genomics biomarker market is projected to exhibit a CAGR of over 15% during the forecast period. Genomic biomarkers is a field of science that aims for the collective characterization and quantification of genes. Genomics additionally includes the sequencing and analysis of genomes using high-throughput DNA sequencing and bioinformatics for assembling and analyzing the function and structure of entire genomes. Major factors contributing to the growth of the market include the increasing prevalence of chronic diseases such as cancer, cardiovascular diseases, neurological disorders, and others. Other driving factors include increasing research and investment in the field of genomic biomarkers and the use of genomic biomarker services for the enhancement of drug development pipelines.
However, some factors are restraining the market growth that includes reimbursement challenges and limited market capabilities in underdeveloped markets. Genomic biomarkers in the development of personalized medicine and rising demand from emerging economies are the factors to create opportunities for the market across the globe.
Segmental Outlook
The global genomic biomarker market is segmented on the basis of disease indication and end-user. By disease indication, the market is segmented into oncology, cardiology, neurology, and others. By end-user, the market is segmented into hospitals and diagnostic and research laboratories.
Global Genomic Biomarker Market Share by Disease Indication, 2019 (%)
Among disease indications, oncology contributed a significant share in 2019. The segmental growth is attributed to the high demand for genomic biomarkers in oncology owing to the rise in the prevalence of cancer and an increasing number of research efforts towards genomic biomarkers for cancer detection and understanding therapeutic responses for individual patients.
Regional Outlooks
Geographically, the global genomic biomarker market covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and the Rest of the World. North America contributed a prominent share in the global genomic biomarker market. Factors contributing to the market growth include the presence of well-developed healthcare infrastructure, high healthcare R&D investments, high healthcare expenditure, and others. Europe is another significant market and holds a considerable market share in the global genomic biomarker market.
Market Players Outlook
Some of the key players of the genomic biomarker market include Agilent Technologies, Inc., Illumina, Inc., Myriad Genetics, Inc., Thermo Fischer Scientific, Inc., Genomic Health Inc., Bio-Rad Laboratories Inc., Second Genomic Therapeutics, and Hologic, Inc. In order to survive in the market, these players adopt different marketing strategies such as a merger and acquisitions, product launch, and geographical expansion. For instance, in 2020, Gilead Sciences, Inc. and Second Genome announced their four-year strategic collaboration to identify biomarkers associated with clinical response and to identify new potential targets and drug candidates for the treatment of IBD (inflammatory bowel disease).
The Report Covers
Scope of the Report
This report covers the analysis of the genomic biomarker market on the basis of disease indication, end-user, and region.
Global Genomic Biomarker Market by Disease Indication
Global Genomic Biomarker Market by End-User
Global Genomic Biomarker Market by Region
Available Customizations:
With the given market data, customization is available according to the specific requirements of the client. The customization options (not limited to) available for the report are:
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Genomic Biomarker Market
• Recovery Scenario of Global Genomic Biomarker Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Genomic Biomarker Market By Disease Indication
5.1.1. Oncology
5.1.2. Cardiology
5.1.3. Neurology
5.1.4. Others
5.2. Global Genomic Biomarker By End-Users
5.2.1. Hospitals
5.2.2. Diagnostic And Research Laboratories
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. 23andMe
7.2. Acobiom SAS
7.3. Agilent Technologies Inc.
7.4. Almac Group
7.5. Banyan Biomarkers, Inc.
7.6. Bio-Rad Laboratories, Inc.
7.7. BioMérieux S.A.
7.8. Celgene Corp.
7.9. Cofactor Genomics, Inc
7.10. Destina Genomics Ltd
7.11. DNAVision SA
7.12. Eagle Genomics Ltd.
7.13. Empire Genomics, LLC
7.14. Enzo Life Sciences, Inc.
7.15. Epigenomics AG
7.16. Eurofins Scientific SE
7.17. Foundation Medicine, Inc.
7.18. GeneNews Ltd.
7.19. Genomic Health, Inc.
7.20. Hologic, Inc.
7.21. Human Longevity, Inc.
7.22. Illumina, Inc
7.23. Insight Genetics Inc.
7.24. Integragen SA
7.25. Liquid Genomics, Inc.
7.26. Luminex Corp.
7.27. Merck KGaA
7.28. Myriad Genetics Inc.
7.29. NeoGenomics Laboratories, Inc.
7.30. New England Biolabs Inc.
7.31. Origene Technologies, Inc.
7.32. Otsuka Pharmaceutical Co., Ltd.
7.33. Pfizer Inc.
7.34. Pliant Therapeutics, Inc.
7.35. Second Genomic Therapeutics
7.36. Thermo Fisher Scientific Inc.
1. GLOBAL GENOMIC BIOMARKER MARKET RESEARCH AND ANALYSIS, 2019-2026 ($ MILLION)
2. GLOBAL GENOMIC BIOMARKER MARKET BY DISEASE INDICATION, 2019-2026 ($ MILLION)
3. GLOBAL GENOMIC BIOMARKER FOR ONCOLOGY MARKET BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL GENOMIC BIOMARKER FOR CARDIOLOGY MARKET BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL GENOMIC BIOMARKER FOR NEUROLOGY MARKET BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL GENOMIC BIOMARKER FOR OTHER DISEASE INDICATION MARKET BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL GENOMIC BIOMARKER MARKET BY END-USER, 2019-2026 ($ MILLION)
8. GLOBAL GENOMIC BIOMARKER AT HOSPITALS MARKET BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL GENOMIC BIOMARKER AT DIAGNOSTIC AND RESEARCH LABORATORIES MARKET BY REGION,2019-2026 ($ MILLION)
10. GLOBAL GENOMIC BIOMARKER MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
11. NORTH AMERICAN GENOMIC BIOMARKER MARKET RESEARCH AND ANALYSIS BY DISEASE INDICATION, 2019-2026 ($ MILLION)
12. NORTH AMERICAN GENOMIC BIOMARKER MARKET RESEARCH AND ANALYSIS BY END-USERS, 2019-2026 ($ MILLION)
13. NORTH AMERICAN GENOMIC BIOMARKER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
14. EUROPEAN GENOMIC BIOMARKER MARKET RESEARCH AND ANALYSIS BY DISEASE INDICATION, 2019-2026 ($ MILLION)
15. EUROPEAN GENOMIC BIOMARKER MARKET RESEARCH AND ANALYSIS BY END-USERS, 2019-2026 ($ MILLION)
16. EUROPEAN GENOMIC BIOMARKER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
17. ASIA-PACIFIC GENOMIC BIOMARKER MARKET RESEARCH AND ANALYSIS BY DISEASE INDICATION, 2019-2026 ($ MILLION)
18. ASIA-PACIFIC GENOMIC BIOMARKER MARKET RESEARCH AND ANALYSIS BY END-USERS, 2019-2026 ($ MILLION)
19. ASIA-PACIFIC GENOMIC BIOMARKER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
20. REST OF THE WORLD GENOMIC BIOMARKER MARKET RESEARCH AND ANALYSIS BY DISEASE INDICATION, 2019-2026 ($ MILLION)
21. REST OF THE WORLD GENOMIC BIOMARKER MARKET RESEARCH AND ANALYSIS BY END-USERS, 2019-2026 ($ MILLION)
1. GLOBAL GENOMIC BIOMARKER MARKET SHARE BY DISEASE INDICATION, 2019 VS 2026 (%)
2. GLOBAL GENOMIC BIOMARKER MARKET SHARE BY END-USERS, 2019 VS 2026 (%)
3. GLOBAL GENOMIC BIOMARKER MARKET SHARE BY GEOGRAPHY, 2019 VS 2026, (%)
4. GLOBAL GENOMIC BIOMARKER FOR ONCOLOGY MARKET BY REGION, 2019 VS 2026 (%)
5. GLOBAL GENOMIC BIOMARKER FOR CARDIOLOGY MARKET BY REGION, 2019 VS 2026 (%)
6. GLOBAL GENOMIC BIOMARKER FOR NEUROLOGY MARKET BY REGION, 2019 VS 2026 (%)
7. GLOBAL GENOMIC BIOMARKER FOR OTHER DISEASE INDICATION MARKET BY REGION, 2019 VS 2026 (%)
8. GLOBAL GENOMIC BIOMARKER AT HOSPITALS MARKET BY REGION, 2019 VS 2026 (%)
9. GLOBAL GENOMIC BIOMARKER AT DIAGNOSTIC AND RESEARCH LABORATORIES MARKET BY REGION, 2019 VS 2026 (%)
10. US GENOMIC BIOMARKER MARKET SIZE, 2019-2026 ($ MILLION)
11. CANADA MARKET GENOMIC BIOMARKER MARKET SIZE, 2019-2026 ($ MILLION)
12. UK GENOMIC BIOMARKER MARKET SIZE, 2019-2026 ($ MILLION)
13. GERMANY GENOMIC BIOMARKER MARKET SIZE, 2019-2026 ($ MILLION)
14. SPAIN GENOMIC BIOMARKER MARKET SIZE, 2019-2026 ($ MILLION)
15. FRANCE GENOMIC BIOMARKER MARKET SIZE, 2019-2026 ($ MILLION)
16. ITALY GENOMIC BIOMARKER MARKET SIZE, 2019-2026 ($ MILLION)
17. REST OF EUROPE GENOMIC BIOMARKER MARKET SIZE, 2019-2026 ($ MILLION)
18. INDIA GENOMIC BIOMARKER MARKET SIZE, 2019-2026 ($ MILLION)
19. CHINA GENOMIC BIOMARKER MARKET SIZE, 2019-2026 ($ MILLION)
20. JAPAN GENOMIC BIOMARKER MARKET SIZE, 2019-2026 ($ MILLION)
21. REST OF ASIA-PACIFIC GENOMIC BIOMARKER MARKET SIZE, 2019-2026 ($ MILLION)
22. REST OF WORLD GENOMIC BIOMARKER MARKET SIZE, 2019-2026 ($ MILLION)