Blockchain in Genomic Data Management Market Statistics, Trends, and Key Players by 2031

MARKET OVERVIEW

Large volumes of genomic data have been generated by the Human Genome Project, which is extensively used by medical and biotechnology research scientists. Also, the improvements in high throughput gene sequencing are helping to accelerate the genome sequencing process at a lower cost. The generation of zettabytes of genome data will be generated in next decade however there is no secured and trusted data management resource that provides seamless data exchange, sharing, and trustworthy storage solution for zettabytes of genomic data.

MARKET SCOPE

The "Global Blockchain in Genomic Data Management Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Blockchain in Genomic Data Management market with detailed market segmentation by service type, application, and geography. The report provides key statistics on the market status of the leading Blockchain in Genomic Data Management market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on service type, the global Blockchain in Genomic Data Management market is segmented into B2B Business Model, B2C Business Model, C2B Business Model.
  
•   Based on Application, the global Blockchain in Genomic Data Management market is segmented into Research Institutes, Pharmaceutical Companies, Data Owners, Others.
  

MARKET DYNAMICS

Drivers:

•   Rising Investments By Private Players And Venture Capitalists
  
•   Rising Developments In Genomics
  

Restraints:

•   Less Reimbursement
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Blockchain in Genomic Data Management market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Blockchain in Genomic Data Management market in these regions.

IMPACT OF COVID-19 ON BLOCKCHAIN IN GENOMIC DATA MANAGEMENT MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. However, the demand for Blockchain in Genomic Data Management has increased due to rising in COVID instances.

MARKET PLAYERS

The report covers key developments in the Blockchain in Genomic Data Management market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Blockchain in Genomic Data Management market are anticipated to lucrative growth opportunities in the future with the rising demand for Blockchain in Genomic Data Management in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Blockchain in Genomic Data Management market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   ENCRYPGEN INCORPORATED
  
•   DNATIX LTD
  
•   SHIVOM VENTURES LIMITED
  
•   GENEBLOCKCHAIN, LLC.
  
•   NEBULA GENOMICS
  
•   GENOMES.IO
  
•   23ANDME, INC.
  
•   IIF MANAGEMENT COMPANY LLC. (ILLUMINA, INC.)
  
•   10X GENOMICS
  
•   ZENOME
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Blockchain in Genomic Data Management Report Scope