Tumor Genomics Market 2021 | A Latest Research Report on Tumor Genomics Market Outlook and Dynamics 2028
Tumor Genomics Market Trends – Next Generation Sequencing Techniques and New Drug Discoveries
VANCOUVER, BC, CANADA, Nov 21, 2021 /EINPresswire.com/ – A closer look at aspects including, but not limited to, segmentation of the Tumor Genomics market by user final, end use, geography, type and application forms and integral part of the research report.
The global tumor genomics market is expected to reach a market size of 56.54 billion by 2028 and register a double-digit CAGR during the forecast period, according to the latest analysis from Emergen Research. The expected steady growth can be attributed to technological innovations in the field of genomics. Another key factor in the growth of the market is the mergers and acquisitions between the major players in the field.
The increase in cancer research, the use of genomic systems among academics and government institutions, and the decrease in the cost of sequencing are contributing significantly to the growth of cancer diagnostics. Additionally, advancements in computational approaches to tumor genomics have resulted in a shorter result time, which is a key driver for the adoption, and hence for the growth of the market. The tumor is often caused by genetic alterations, including gene fusions, large chromosomal rearrangements; however, next-generation sequencing techniques have helped researchers collect vast amounts of tumor genomic data and record genetic mutations in various types of cancer.
Tumor Genomics Market Forecast to 2028 ”. The report sheds light on current and upcoming market trends. The report offers accurate information on the market price, capacity, value, gross revenue and profit. The primary objective of the report is to offer detailed details on market size, revenue growth, and overall market dynamics to readers, stakeholders, and companies to strengthen their share in the global genomics market. tumors. It also provides detailed information about key drivers, restraints, limitations, challenges as well as various market segmentations such as product type, application, and regional bifurcation.
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Leading companies in Tumor Genomics Industry featured in the report are: 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.
Purpose of the report:
The report offers a comprehensive analysis of the global tumor genomics market with details about each market player including company profile, financial standing, global position, revenue contribution, production capacity, and manufacturing, business expansion plans and new product launches. Major players are developing various plans such as acquisition of mergers and acquisitions, partnerships, joint ventures, licensing agreements and collaborations
The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
The report throws light on the region expected to dominate the tumor genomics market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share that each region is expected to hold during the forecast period. The report analyzes the spread of Tumor Genomics market in key geographies covering North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. The regional analysis offers an idea of the production and consumption pattern, import / export, supply and demand ratio, contribution to income, market share and size, and presence of leading players in each region.
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Emergen Research has segmented the global tumor genomics market on the basis of technique, application, end use, and region:
Tech Outlook (Revenue, USD Billion; 2021-2028)
Next Generation Sequencing Technique (NGS)
Polymerase chain reaction (PCR)
In-Situ Hybridization (ISH)
Others (mass spectrometry and flow cytometry)
Application Outlook (Revenue, USD Billion; 2021-2028)
Diagnosis and monitoring
Drug discovery and development
Discovery of biomarkers
End-Use Outlook (Revenue, USD Billion; 2021-2028)
Academics and research organizations
Hospitals and outpatient clinics
Clinical and diagnostic laboratories
Biotechnology and pharmaceutical company
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The constant efforts of leading players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry in the years to come. The report studies the broad business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate agreements.
Summary of key points from the report:
The report offers a comprehensive overview of the market size, share, and growth rate in the forecast span.
It provides details on the current scenario, historical data, giving an accurate forecast of the market for the coming years.
The study categorizes the market on the basis of product types, applications, end users, market value and volume, industry sectors, and 5 major regions.
It also offers regional market analysis and forecast for major geographies of the industry namely North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. .
Industry supply chain, sourcing strategy, upstream raw materials and downstream demand analysis have also been undertaken in the research report.
The study offers a comprehensive understanding of demand and supply dynamics, including production and consumption rates, and overall market mapping.
The report uses different analysis tools including SWOT analysis, Porter’s five forces analysis, and price analysis to provide accurate insights into the market.
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Chapter 1. Methodology and sources
1.1. Market definition
1.2. Scope of research
1.4. Research sources
1.4.3. Paid sources
1.5. Market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2020-2028
Chapter 3. Key information
Chapter 4. Tumor Genomics Market Segmentation and Impact Analysis
4.1. Tumor Genomics Market Materials Segmentation Analysis
4.2. Industrial outlook
4.2.1. Market Driver Analysis
220.127.116.11. More and more cases of cancer
18.104.22.168. Government initiatives and projects on the rise
22.214.171.124. Growing demand for cancer-specific diagnostics
126.96.36.199. Growing use of biomarkers in cancer profiling
188.8.131.52. Introduction of economical kits
184.108.40.206. Mergers and acquisitions between key players
4.2.2. Analysis of market constraints
220.127.116.11. High equipment cost
4.3. Technological insights
4.4. Regulatory framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive metric space analysis
4.7. Price trend analysis
4.8. Covid-19 impact assessment
Chapter 5. Tumor Genomics Market by Technique Insights and Trends, Revenue (Billion USD)
5.1. Technical and services Dynamics & Market share, 2020 & 2028
5.1.1. Next Generation Sequencing Technique (NGS)
5.1.2. Polymerase chain reaction (PCR)
5.1.4. In-Situ Hybridization (ISH)
5.1.5. Immunohistochemistry (ICH)
5.1.6. Others (mass spectrometry and flow cytometry)
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