The Global Pharmacogenomics market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Pharmacogenomics market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
The global Pharmacogenomics Market is expected to reach USD 11.97 Billion by 2027, according to a new report by Emergen Research. The global pharmacogenomics (PGx) market is growing at a substantial pace owing to the growing demand for personalized therapy, increasing prevalence of target chronic diseases, technological advancements, favorable government initiatives, availability of financial support for research and development.
Pharmacogenomics has high demand; therefore, research centers invest a handful of the amount in their RD, which fuels up the market growth by a large margin. Pharmacogenomics also may help to quickly identify the best drugs to treat people with certain mental health disorders. Cancer is another active area of pharmacogenomic research. Whether fighting a unique and fast-spreading disease like the novel coronavirus or treating a well-known common condition, genomics is increasingly being used to inform more personalized and cost-effective strategies for drug development and use. Such advantages are expected to foster the market significantly during the forecast period.
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Regional Analysis –
The research report is an investigative study providing a conclusive view of the Pharmacogenomics business sphere by an in-depth segmentation of the market into key applications, types, and regions. These segments are analyzed on the basis of present, emerging, and future trends. The regional segmentation provides current and forecast demand estimation for the Pharmacogenomics industry in key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East Africa.
Key participants include Abbott Laboratories, Admera Health, LLC, Agena Biosciences, Inc., Cancer Genetics, Inc., Dynamic DNA Laboratories, F. Hoffmann-La Roche Ltd, geneOmbio Technologies Pvt Ltd., Genomic Health, Inc., Illumina, Inc., and Laboratory Corporation of America Holdings, among others.
Key questions addressed in the report:
- What are the key factors driving the global Pharmacogenomics market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Pharmacogenomics market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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https://www.emergenresearch.com/industry-report/pharmacogenomics-market
For the purpose of this report, Emergen Research has segmented into the global Pharmacogenomics Market on the basis of products and services, technology, application, end-use, and region:
Product and Services Outlook (Revenue, USD Billion; 2017-2027)
- Products
- Kits
- Assays and Reagents
- Instruments
- Software
- Services
- Genotyping
- SNP Identification
- Pharmacogenetic Testing
- Other Services
Technology Outlook (Revenue, USD Billion; 2017-2027)
- Polymerase Chain Reaction (PCR)
- Real-Time PCR
- qPCR
- Digital PCR
- DNA Sequencing/Next Generation Sequencing (NGS)
- Nucleic Acid Amplification Tests (NAATs)
- Mass Spectrometry
- Gel Electrophoresis
- Hybridization
- Fluorescence In Situ Hybridization (FISH)
- Chromogenic In Situ Hybridization (CISH)
- Others
- Microarray
- Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Oncology
Infectious Diseases
Neurology/Psychiatry
Cardiovascular
Others
End-Use Outlook (Revenue, USD Billion; 2017-2027)
Research Organization
Pharmaceutical Companies
Diagnostic Centers
Others
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Key takeaways of the Global Pharmacogenomics Market report:
- The report sheds light on the fundamental Pharmacogenomics market drivers, restraints, opportunities, threats, and challenges.
- It elaborates on the new, promising arenas in the leading Pharmacogenomics market regions.
- It examines the latest research development projects and technological innovations taking place in the key regional segments.
- The research report reviews the regulatory framework for creating new opportunities in various regions of the Pharmacogenomics market
- It focuses on the new revenue streams for the players in the emerging markets.
- Furthermore, the report offers vital details about the rising revenue shares and the sizes of the key product segments.
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