Tumor Genomics Market Size, Share, Top Key Players, Growth, Trend and Forecast Till 2028

Increasing number of cancer cases, rising government initiatives and projects, new drug developments, and increasing demand for cancer-specific diagnostics are factors driving global tumor genomic market growth.

Emergen Research’s latest document, titled ‘Global Tumor Genomics Market - Forecast to 2028,’ is one of the most sought-after market reports involving an in-depth analysis of the global Tumor Genomics market. The global tumor genomics market is expected to reach a market size of 56.54 Billion by 2028 and register a double-digit CAGR over the forecast period, according to latest analysis by Emergen Research. The steady projected growth can be attributed to technological innovations in the field of genomics. Mergers and acquisitions between key players in the field is another key factor driving market growth. Increasing research on cancer, usage of genomic systems among academics and government institutions, and decreasing cost of sequencing is contributing significantly to growth in cancer diagnostics. Moreover, advances in computational approaches in tumor genomics has resulted in shorter result time, which is a key factor driving adoption, and thus driving growth of the market. Tumor is often caused by genetic alterations, including gene fusions, large chromosomal rearrangements; however, next generation sequencing techniques have helped researchers gather vast amounts of tumor genomic data and record genetic mutations in various cancer types.

The report’s authors have offered necessary details on the latest Tumor Genomics market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Tumor Genomics industry entails useful insights into the estimated Tumor Genomics market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcome in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Tumor Genomics market. The coronavirus outbreak has led to drastic changes in the current Tumor Genomics business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. The report eventually offers conclusive data related to the Tumor Genomics market growth assessed on both regional and global levels.

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One of the report’s central components is the broad Tumor Genomics market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Tumor Genomics market players.

Key geographical areas:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Leading Players Profiled in the Report:

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

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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.

On the basis of type, the market is segmented into

  • Technique Outlook (Revenue, USD Billion; 2021–2028)

    • Next Generation Sequencing Technique (NGS)
    • Polymerase Chain Reaction (PCR)
    • Microarray
    • In-Situ Hybridization (ISH)
    • Immunohistochemistry (ICH)
    • Others (Mass Spectrometry and Flow Cytometry)
  • Application Outlook (Revenue, USD Billion; 2021–2028)

    • Diagnostics and Monitoring
    • Drug Discovery and Development
    • Biomarker Discovery
  • End-use Outlook (Revenue, USD Billion; 2021–2028)

    • Academics and Research Organizations
    • Hospitals and Ambulatory Clinics
    • Clinical and Diagnostic Laboratories
    • Biotechnology and Pharmaceutical Companies

Key questions addressed in the report:

  • What are the key factors driving the global Tumor Genomics market?
  • Who are the key manufacturers in this market space?
  • Who are the distributors, traders and dealers of this market?
  • What are the market opportunities and risks affecting the performance of the vendors in the global Tumor Genomics market?
  • What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

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Vaishnavi Rokade

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