The purpose of the most recent market intelligence report, "Global Tumor Genomics Market," is to provide the intended audience with the necessary details regarding the global Tumor Genomics industries. The Tumor Genomics market's key drivers, constraints, opportunities, limitations, threats, and micro- and macroeconomic factors are all thoroughly examined in the report. The present market situation and fundamental growth prospects are thoroughly examined in the report. An organized database of the Tumor Genomics market dynamics is included in the report, assisting market analysts in estimating the global market growth rate over the anticipated timeline. As a result, Emergen Research's report on the Tumor Genomics market is a thorough compilation of the most important aspects of the market, such as the product offerings of key players, the wide range of applications for these products, the major market segments, leading competitors, their company profiles, pricing strategies, production capacities, revenue generation strategies, technological advancements, and many more. The global economic landscape has been significantly altered by the pandemic, which has disrupted the Tumor Genomics market's operation mechanism. Organizations have been forced to effectively respond to the rapidly changing business environment as a result of the severe global crisis. Additionally, the report provides an evaluation of the pandemic's immediate and anticipated effects on the Tumor Genomics industry.
The global tumor genomics market is expected to reach a market size of 56.54 Billion by 2028 and register a double-digit CAGR over the forecast period, according to latest analysis by Emergen Research. The steady projected growth can be attributed to technological innovations in the field of genomics. Mergers and acquisitions between key players in the field is another key factor driving market growth. Increasing research on cancer, usage of genomic systems among academics and government institutions, and decreasing cost of sequencing is contributing significantly to growth in cancer diagnostics. Moreover, advances in computational approaches in tumor genomics has resulted in shorter result time, which is a key factor driving adoption, and thus driving growth of the market. Tumor is often caused by genetic alterations, including gene fusions, large chromosomal rearrangements; however, next generation sequencing techniques have helped researchers gather vast amounts of tumor genomic data and record genetic mutations in various cancer types.
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The global Tumor Genomics market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Tumor Genomics market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Leading companies profiled in the report:
Thermo Fisher Scientific Inc., Illumina, Inc., QIAGEN, Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd, Merck KGaA, Pacific Biosciences of California, Inc., NeoGenomics Laboratories, Inc., Myriad Genetics, Inc., and PerkinElmer
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In addition, the analytical data are presented in a well-organized format in the form of charts, tables, graphs, figures, and diagrams in the report. This makes it easier for readers to comprehend the market scenario in a beneficial way. In addition, the report aims to provide a forward-looking perspective and an instructive conclusion to assist the reader in making profitable business decisions. The report concludes with a comprehensive SWOT and Porter's Five Forces analysis of the segments anticipated to dominate the market, regional bifurcation, estimated market size and share, and more.
On the basis of type, the market is segmented into
Technique Outlook (Revenue, USD Billion; 2021–2028)
- Next Generation Sequencing Technique (NGS)
- Polymerase Chain Reaction (PCR)
- Microarray
- In-Situ Hybridization (ISH)
- Immunohistochemistry (ICH)
- Others (Mass Spectrometry and Flow Cytometry)
Application Outlook (Revenue, USD Billion; 2021–2028)
- Diagnostics and Monitoring
- Drug Discovery and Development
- Biomarker Discovery
End-use Outlook (Revenue, USD Billion; 2021–2028)
- Academics and Research Organizations
- Hospitals and Ambulatory Clinics
- Clinical and Diagnostic Laboratories
- Biotechnology and Pharmaceutical Companies
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