Genomics Market Size Worth $62.9 Billion By 2028 | CAGR: 15.35%
Genomics Industry Overview The global genomics market size is expected to reach USD 62.9 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 15.35% from 2021 to 2028. A rise in the demand for the solutions to catalog vast genomic information into a usable form and to utilize it in clinical workflows is expected to drive the market. Genomics Market Segmentation Grand View Research has segmented the global genomics market on the basis of application and technology, deliverable, end-use, and region: Based on the Application & Technology Insights, the market is segmented into Functional Genomics, Pathway Analysis, Biomarker Discovery, Epigenetics, Others. Functional genomics held the largest revenue share of 32.0% in 2020. Real-time PCR was the dominant revenue generator within functional genomics. Real-time quantitative PCR has played a major role in the absolute quantification of genetic elements in genom...