Global Digital Genome Market Size, Share, Forecast Report, 2020-2027

The global digital genome market is expected to witness tremendous growth during the forecast period. Digital genome can be used in the diagnosis of rare diseases, genetic diseases, cancer, neurological disorders and others. The rising prevalence of chronic diseases such as breast cancer is driving the market growth. Other essential factors influencing the growth of the market are increasing geriatric population, need for efficient diagnosis and treatment, increasing number of drug discoveries, growing biotech sector, increasing research in the field of genomics and rise in funding related to digitalization. Variants of Presenilin gene lead to Alzheimer’s disease. According to Alzheimer's Association in 2018, 5.7 million people are from Alzheimer’s disease in the Americas. With the help of digital genome identifying genomic variants is easy.

However, factors such as high costs of digital genome techniques, lack of knowledge about the digital genome, security issues and inaccurate results are some of the factors expected to hinder the market growth during the forecast period.

Global Digital Genome Market, by Key Players

Umbel
BiogeniQ
GenomeMe
NanoString
Illumina, Inc
Segmentation

The global digital genome market is segmented on the basis of product, application, and end-user. The global digital genome market, by product, is segmented into sequencing services, sequencing instruments, sequencing consumables, bioinformatics and sample preparation kits and reagents. The application segment is segmented into diagnostics, agriculture & animal research, personalized medicine, drug discovery and treatment analysis. On the basis of end-user, the market is categorized into research centers and government institutes, academic institutions, pharmaceutical & biotechnology industries, hospitals, and diagnostic centers. On the basis of region, the global digital genome market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.

Market Segmentation and Key Market Players

Global Digital Genome Market, by Product

• Sequencing services
• Sequencing instruments
• Sequencing consumables
• Bioinformatics
• Sample preparation kits and reagents

Global Digital Genome Market, by Application 

• Diagnostics
• Agriculture & animal research
• Personalized medicine
• Drug discovery
• Treatment analysis

Global Digital Genome Market, by End-User

• Research Centers and Government Institutes
• Academic Institutions
• Pharmaceutical & Biotechnology Industries
• Hospitals
• Diagnostic Centers