PUBLISHER: TechNavio | PRODUCT CODE: 1915539
PUBLISHER: TechNavio | PRODUCT CODE: 1915539
The global pharmacogenomics market is forecasted to grow by USD 2454.0 mn during 2024-2029, accelerating at a CAGR of 6.5% during the forecast period. The report on the global pharmacogenomics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by imperative of personalized medicine, escalating burden of chronic diseases, accelerating technological advancements in genomics and bioinformatics.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 6% |
| CAGR | 6.5% |
| Incremental Value | $2454.0 mn |
Technavio's global pharmacogenomics market is segmented as below:
By End-User
By Application
By Technology
Geography
This study identifies the integration of artificial intelligence and machine learning as one of the prime reasons driving the global pharmacogenomics market growth during the next few years. Also, evolving regulatory landscape and increased clinical implementation and strategic partnerships and expansion into new therapeutic areas will lead to sizable demand in the market.
The report on the global pharmacogenomics market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global pharmacogenomics market vendors that include Abbott Laboratories, Admera Health, Agilent Technologies Inc., Bayer AG, Bio Rad Laboratories Inc., Charles River Laboratories, Danaher Corp., Eurofins Scientific SE, F. Hoffmann La Roche Ltd., GE Healthcare Technologies, geneOmbio Technologies Pvt. Ltd., Illumina Inc., Laboratory Corp., Merck and Co. Inc., Myriad Genetics Inc., OneOme LLC, QIAGEN N.V., Regeneron Pharmaceuticals Inc., Thermo Fisher Scientific Inc.. Also, the global pharmacogenomics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.