Digital Genome Market Share, Revenue Analysis | 2022, 2027

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Digital Genome Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product (DNA/RNA Analysis, Sequencing Chips, Sequencing and Analyzer Instruments, Sample Prep Instruments, Sequencing and Analysis Software); Application (Diagnostics, Agricultural, Academic Research, Drug Discovery, Personalizes Medicine, Other Application); End User (Diagnostics and Forensic Labs, Academic Research Institutes, Hospitals, Other End User), and Geography

Publication Month: May 2020 | Report Code: TIPBT00002181 | No. of Pages: 198 | Category: Biotechnology | Status: Published

The digital genome market was valued at US$ 11,065.31 million in 2019 and is projected to reach US$ 20,812.81 million 2027; it is expected to grow at a CAGR of 8.4% from 2020 to 2027.

Digital genome is a complete digital set of genetic material that present in an organism or a cell. Digital genome technology deals with genes and their functions to find the causes behind the chronic diseases and also to fix them. The technology is associated with the advancements that help to make healthcare more personal and more effective for the treatment. Moreover, the digital genome is an easier way of gathering  information about the chronic disease. The technology is used by the professionals to get a closer look of genetic composed diseases, such as cancer. Digital genome acts as a supporter that enables instant access to trait combinations to solve apparently endless custom queries.

Lucrative Regions for Digital Genome Market



Lucrative Regions for Digital Genome Market

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Market Insights

Growing Funding for Genomics

Genomic sequencing technology is rapidly transitioning into clinical practice, and implementation of the same into healthcare systems has been supported by substantial government investment, accounting for ~US$ 4 billion in at least 14 countries. These national genomic-medicine initiatives are driving transformative change under real-life conditions while simultaneously addressing barriers to implement and gather evidence for broader adoption, thereby driving the market growth. Moreover, the UK has announced the world’s largest genome project as part of 200 million public–private collaboration between charities and pharmaceuticals. The UK has already developed the largest genome database in the world through the 100,000 Genomes Project. Led by Innovate UK as a part of UK Research and Innovation, the project will fund researchers and industry to combine data and real-world evidence from UK health services and create new products and services that diagnose diseases efficiently. Additionally, in November 2018, Stilla Technologies announced that it has completed a US$ 18.3 million (€16 million) Series A financing round led by Illumina Ventures. The company will use the funds to commercialize its Naica digital PCR system and develop clinical applications.

Due to the continuous funding by the manufacturers and government in the field of genomics, the digital genome market is expected to witness growth during the forecast period.

Product-Based Insights

Based on product, the digital genome market is segmented into DNA/RNA analysis, sequencing chips, sequencing and analyzer instruments, sample prep instruments, sequencing and analysis software. The sequencing and analyzer instruments segment held the largest share of the market in 2019, owing to the advantages such as growing adoption of sequencing of analyzing instruments by pharmaceutical and biopharmaceutical companies in advanced economies. Additionally, companies are focusing on supplying superior quality instruments to research centers and pharmaceutical companies that are involved in developing therapies for genetic diseases. For instance, Thermo Fisher Scientific announced the launch of its Ion Torrent Genexus System, the first fully integrated, next-generation sequencing (NGS) platform featuring an automated specimen-to-report workflow that delivers results economically in a single day.

Global Digital Genome Market, by Product – 2019 & 2027



Global Digital Genome Market, by Product – 2019 & 2027

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Application-Based Insights

Based on application, the digital genome market is segmented into diagnostics, agricultural, academic research, drug discovery, personalized medicine, and other applications. In 2019, the diagnostics segment held the largest share of the global digital genome market owing to the factors such as launch of innovative diagnostic products, increasing investment in genome technologies, and expanding capabilities of the digital genome in diagnostic applications. For instance, in April 2020, Personal Genome Diagnostics, the company engaged in the development of a novel diagnostic kit for genomic profiling of different cancers, received FDA approval for its PGDx elio tissue complete test.

End User-Based Insights

Based on end user, the digital genome market is segmented into diagnostics and forensic labs, academic research institutes, hospitals, and other end user. The diagnostics and forensic labs segment held the largest share of the market in 2019, owing to increasing emphasis on adoption of digital genomes in diagnostics and forensic labs. Moreover, the recent technological advancement will help solve more cases in a shorter amount of time and will produce investigative leads for cases that would have reached dead ends and will offer lucrative opportunities during the forecast period. For instance, Illumina SBS technology, the MiSeq FGx System is the first NGS system designed specifically for forensic genomic applications.   

Strategic Insights

Report Coverage - Digital Genome Market
Report CoverageDetails
Market Size Value inUS$ 11,065.31 Million in 2019
Market Size Value byUS$ 20,812.81 Million by 2027
Growth rateCAGR of 8.4% from 2020-2027
Forecast Period2020-2027
Base Year2020
No. of Pages198
No. of Tables72
No. of Charts & Figures73
Historical data availableYes
Segments coveredProduct ; Application ; End User , and Geography
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Free Sample Copy Available

Product launches and expansion strategy are commonly adopted by companies to expand their footprint worldwide and meet the growing demand. This strategy is most commonly adopted by the market players in order to expand its product portfolio.

The market players operating in the digital genome market adopted the strategy of product innovation to cater to changing customer demand across the world, which also permits the players to maintain their brand name globally.

Digital Genome Market – By Product

  • Sequencing and Analyzer Instruments
  • DNA/RNA Analysis
  • Sequencing Chips
  • Sample Prep Instruments,
  • Sequencing and Analysis Software

Digital Genome Market – By Application

  • Diagnostics
  • Agricultural
  • Academic Research
  • Drug Discovery
  • Personalized Medicine
  •  Other Application

Digital Genome Market – By End User

  • Diagnostics and Forensic Labs
  • Academic Research Institutes
  • Hospitals
  • Other End User

Digital Genome Market– By Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Spain
    • Rest of Europe
  • Asia Pacific(APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East & Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)

    • Brazil
    • Argentina
    • Rest of SAM

Company Profiles

  • THERMO FISHER SCIENTIFIC INC.
  • F. HOFFMANN-LA ROCHE LTD
  • Illumina, Inc.
  • QIAGEN
  • GenomeMe
  • NanoString Technologies, Inc.
  • BD
  • bioMerieux SA
  • GenMark Diagnostics, Inc.
  • Perkin Elmer, Inc.

Frequently Asked Questions

Digital genome is a technology which deals with the genes and their functions to help to find the causes behind the chronic diseases and also to fix them. Digital genome is a complete digital set of genetic material that present in an organism or a cell. The technology is associated with the advancements that helps to make healthcare more personal and more effective for the treatment. Moreover, the digital genome is an easier way to gathering the information about the chronic disease. The technology is used by the professionals to get a closer look of genetic composed diseases, such as cancer. A digital genome act as a supporter that enables instant access to trait combinations to solve apparently endless custom queries.
The factors that are driving growth of the market are increasing prevalence of increasing prevalence of chronic diseases, and growing funding for genomics. Moreover, increasing technological advancement in digital genome field are offering lucrative opportunities for the growth of the market.
The digital genome market majorly consists of the players such as THERMO FISHER SCIENTIFIC INC., F. HOFFMANN-LA ROCHE LTD, Illumina, Inc., QIAGEN, GenomeMe, NanoString Technologies, Inc., BD, bioMerieux SA, GenMark Diagnostics, Inc., and Perkin Elmer, Inc. among others.

The List of Companies - Digital Genome Market

  1. THERMO FISHER SCIENTIFIC INC.
  2. F. HOFFMANN-LA ROCHE LTD
  3. Illumina, Inc.
  4. QIAGEN
  5. GenomeMe
  6. NanoString Technologies, Inc.
  7. BD
  8. bioMerieux SA
  9. GenMark Diagnostics, Inc.
  10. Perkin Elmer, Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the digital genome market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global digital genome market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TIPBT00002181
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