Market Introduction
Genomics is a branch of biotechnology concerned with applying the techniques of genetics and molecular biology to the genetic mapping and DNA sequencing of sets of genes or the complete genomes of selected organisms, with organizing the results in databases, and with applications of the data (as in medicine or biology). The major factors attributing to the growth of the genomics market are growing government support and increased number of genomics studies, declining sequencing cost, increased genomics applications.
Market Overview and Dynamics
The Middle East and Africa Genomics market is expected to reach US$ 1,179.91million in 2027 from US$ 480.94million in 2019. The market is estimated to grow with a CAGR of 12.1% from 2020-2027. The growth of this market is estimated to grow owing to key driving factors such as the immense growth in the research and development activities across the Middle East and Africa and the rise in government initiatives for growth in the genomics market. However, the market growth is likely to be hindered owing to the multiple issues faced by professionals encountered regarding genomics market.
Key Market Segments
Based on technology, the genomics market is segmented into sequencing, microarray, PCR, nucleic acid extraction and purification, and others. Based on product and service, the genomics market is segmented into instruments/systems, consumables, and services. Based on application, the genomics market, is segmented into diagnostics, drug discovery and development, precision/personalized medicine, agriculture & animal research, and others. Based on end-user, the genomics market, is segmented into research centers, hospitals and clinics, pharmaceutical & biotechnology companies, and others.
Major Sources and Companies Listed
Some of the major primary and secondary sources for genomics market included in the report are the American Association for the Advancement of Science, Centre of Excellence in Genomic Medicine Research (CEGMR), and others.
Reasons to buy the report
MIDDLE EAST AND AFRICA GENOMICS MARKET SEGMENTATION
By Technology
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 480.94 Million |
| Market Size by 2027 | US$ 1,179.91 Million |
| CAGR (2020 - 2027) | 12.1% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Technology
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
The Middle East and Africa Genomics Market is valued at US$ 480.94 Million in 2019, it is projected to reach US$ 1,179.91 Million by 2027.
As per our report Middle East and Africa Genomics Market, the market size is valued at US$ 480.94 Million in 2019, projecting it to reach US$ 1,179.91 Million by 2027. This translates to a CAGR of approximately 12.1% during the forecast period.
The Middle East and Africa Genomics Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Genomics Market report:
The Middle East and Africa Genomics Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Genomics Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Genomics Market value chain can benefit from the information contained in a comprehensive market report.
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