Genomics Market 2022-27: Industry Growth, Market Size, Share, Demand and Research Report
According to the latest report by IMARC Group, titled “ Genomics Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, ” The global genomics market reached a value of US$ 25.11 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 60.26 Billion by 2027, exhibiting a CAGR of 15.54% during 2022-2027. Genomics represents the study of the mapping, structure, function, evolution, and genomes (genes) of an individual. It relies on systems, software, consumables, and services for drug discovery, the development of precision medicine, diagnostics, and agricultural research. Genomics aids in providing predictive insights that assist healthcare professionals in researching and finalizing treatment options for various diseases, such as diabetes, Alzheimer's, and cancer. As a result, this study finds widespread applications in solving complex genetic problems and studying biological systems in private clinics, hospitals, diagn...