Global Genomic Medicine Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Products (Instruments & Software and Consumables) and Services.

By Technology;

Polymerase Chain Reaction (PCR), Next Generation Sequencing (NGS), Microarray, Sanger Sequencing, and Others.

By Application;

Oncology, Cardiology, Paediatrics, Endocrinology, Respiratory Medicine, Rare Genetic Disorders, Infectious Diseases, and Others.

By End- User;

Hospitals, Clinics, Academic Institutions, and Research Institutions.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn856138160 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Genomic Medicine Market (USD Million), 2021 - 2031

In the year 2024, the Global Genomic Medicine Market was valued at USD 36,536.50 million. The size of this market is expected to increase to USD 104,261.32 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 16.2%.

The global genomic medicine market refers to the application of genomic information to the development of personalized healthcare solutions, transforming the way diseases are diagnosed, treated, and prevented. With advancements in genome sequencing technologies, such as next-generation sequencing (NGS), and improved understanding of the human genome, genomic medicine is increasingly becoming a critical component of modern healthcare. This field involves using genetic and genomic data to tailor medical treatments to individuals based on their unique genetic makeup, enabling more precise and effective therapies.

Genomic medicine holds significant promise in addressing a wide range of health conditions, from rare genetic disorders to complex diseases like cancer, cardiovascular diseases, and neurological disorders. By leveraging genomic data, healthcare providers can better understand the underlying genetic factors that contribute to disease, leading to more accurate diagnoses, risk assessments, and treatment strategies. The market is driven by factors such as the growing prevalence of genetic diseases, advancements in genome sequencing technologies, the rising demand for personalized medicine, and increasing investments in genomics research and biotechnology.

The global genomic medicine market is poised for rapid growth, supported by collaborations between biotechnology firms, pharmaceutical companies, research institutions, and healthcare providers. With ongoing advancements in gene-editing technologies, bioinformatics, and personalized healthcare, genomic medicine is set to revolutionize the healthcare landscape, providing new opportunities for improved disease management and outcomes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By End- User
    5. Market Snapshot, By Region
  4. Global Genomic Medicine Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Genomic Sequencing Technologies
        2. Growing Demand for Personalized Medicine
        3. Rising Prevalence of Genetic Disorders
      2. Restraints
        1. High Cost of Genomic Testing and Treatments
        2. Ethical and Privacy Concerns
        3. Limited Access to Advanced Healthcare Infrastructure
      3. Opportunties
        1. Expansion of Genomic Research and Clinical Applications
        2. Integration of Artificial Intelligence and Machine Learning in Genomics
        3. Rising Adoption of Genomic Medicine in Developing Regions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Genomic Medicine Market, By Type, 2021 - 2031 (USD Million)
      1. Products
        1. Instruments & Software
        2. Consumables
      2. Services
    2. Global Genomic Medicine Market, By Technology, 2021 - 2031 (USD Million)
      1. Polymerase Chain Reaction (PCR)
      2. Next Generation Sequencing (NGS)
      3. Microarray
      4. Sanger Sequencing
      5. Others
    3. Global Genomic Medicine Market, By Application, 2021 - 2031 (USD Million)
      1. Oncology
      2. Cardiology
      3. Paediatrics
      4. Endocrinology
      5. Respiratory Medicine
      6. Rare Genetic Disorders
      7. Infectious Diseases
      8. Others
    4. Global Genomic Medicine Market, By End- User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Clinics
      3. Academic Institutions
      4. Research Institutions
    5. Global Genomic Medicine Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BioMed Central Ltd
      2. Cleveland Clinic
      3. Genome Medical, Inc
      4. Aevi Genomic Medicine
      5. DEEP GENOMICS
      6. Congenica Ltd.
  7. Analyst Views
  8. Future Outlook of the Market