Genomics market on the rise

Kathy Mahdoubi | | Health Imaging | Molecular Imaging

The genomics market is expected to grow at an annual compound growth rate of 7.28 percent from 2013 to 2018, according to a recent market report from market research firms Infiniti Research Limited and TechNavio.    

The market includes all technology related to the study of genomes, whether that be the mapping of genomic structures or identifying the function of specific genes. This includes comparative genomics, sequencing and genomic analysis.

Cutting-edge sequencing systems, polymerase chain reaction systems and microarrays are among the technologies being applied for the increased use of genomic research for purposes of diagnostic testing and drug development.

Bio-Rad Laboratories, F. Hoffman-La Roche, Illumina, Qiagen and Thermo Fisher Scientific are the market leaders in genomic research and technology, according to TechNavio analysts.
 

Kathy Mahdoubi

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