The global market for multiomics is expected to grow from $2.7 billion in 2024 and is projected to reach $5.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 13.5% during the forecast period of 2024 to 2029.
The global market for multiomics for consumables is expected to grow from $1.6 billion in 2024 and is projected to reach $3.1 billion by the end of 2029, at a CAGR of 14.1% during the forecast period of 2024 to 2029.
The global market for multiomics for instruments is expected to grow from $629.9 million in 2024 and is projected to reach $1.1 billion by the end of 2029, at a CAGR of 12.4% during the forecast period of 2024 to 2029.
Report Scope:
This report covers the global market for multiomics segments based on products, platforms, applications, end-users, and regions. This research report incorporates an in-depth analysis of the multiomics market, including market estimations and trends through 2029. By geography, the market in this report is divided into four regions: North America, Europe, Asia-Pacific, and Rest of the World (RoW). For market estimates, data has been provided for 2023 as the base year, with forecasts for 2024 through 2029.
Major players, products, platforms, applications, market dynamics, and geographic opportunities are discussed in detail in the report. This report also examines various analytical frameworks such as PESTEL analysis, ESG analysis, competitive analysis, and strategic recommendations, which will aid the companies in devising their strategic plan of action.
Report Includes:
51 data tables and 55 additional tables
An analysis of the current and future global markets for multiomics
Analyses of global market trends, with market revenue data (sales figures) for 2021-2023, estimates for 2024, and projected CAGRs through 2029
Estimates of the market size and revenue forecasts for the global multiomics market, with market share analysis by product, type, platform, end-user, application and region
Discussion of the applications of multiomics in research studies such as analyzing many omics datasets, integrating data from genomes, transcriptomics, epigenetics, and proteomics. This in turn provides more precise information to identify causal alterations, and by exposing the etiology of the disease, can lead to the possible treatment options
Discussions of the market dynamics, opportunities, and challenges, as well as emerging technologies
Overview of sustainability trends and ESG developments in the industry, with emphasis on the ESG practices of leading companies, their ESG rankings, and consumer attitudes
Competitive intelligence, including companies' market shares, recent M&A activity, and venture funding.
Profiles of the leading companies, including Thermo Fisher Scientific Inc., Agilent Technologies Inc., Illumina Inc., QIAGEN N.V., and F. Hoffman-La Roche Ltd.
Table of Contents
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Chapter 2 Market Overview
Overview
Technology Background
Omics Types
Various Multiomics Approaches and Applications
Technological Infrastructure and Data Integration
PESTEL Analysis
Political
Economic
Social
Technological
Environmental
Legal
Regulatory Landscape
Federal Regulation
CMS Regulation
U.S. Food and Drug Administration Regulation
U.S. Federal Trade Commission Regulation
Strategic Recommendations
Chapter 3 Market Dynamics
Market Dynamics
Market Drivers
Rapid Advances in Multiomics Research and its Applications
Favorable Funding Scenario for Multiomics Research Activities
Decrease in DNA-Sequencing Method Prices
Growing Prevalence of Cancer Generating Demand for Personalized Treatments
Promising Applications of Multiomics in the Drug Development Process
Market Restraints
Lack of Data Standardization
Market Opportunities
Expanding Single-Cell Multiomics Applications
Chapter 4 Emerging Technologies and Developments
Artificial Intelligence in Multiomics
Companies in the Artificial Intelligence Multiomics Market
Advances in Single-Cell Omics and Multiomics
Chapter 5 Market Segmentation Analysis
Key Market Trends
Segmentation Breakdown
Global Market for Multiomics by Product
Instruments
Consumables
Software and Services
Global Market for Multiomics by Platform
Genomics
Proteomics
Transcriptomics
Metabolomics
Other Platforms
Global Market for Multiomics by Application
Oncology
Immunology
Neurology
Cell Biology
Other Applications
Global Market for Multiomics by End User
Academic Research Organizations
Pharmaceutical and Biotechnology Companies
Clinical and Hospital Laboratories
Other End Users
Geographic Breakdown
Global Multiomics Market by Region
North America
Europe
Asia-Pacific
Rest of the World
Chapter 6 Competitive Intelligence
Top Players Ranking
Key Strategies Adopted by Players
Collaborations and Partnerships
New Product Launches
Expansions and Investments
Mergers and Acquisitions
Agreements
Patent Analysis
Chapter 7 Sustainability in Multiomics Market: ESG Perspective
Introduction to ESG
ESG Performance in Market
ESG Practices in the Multiomics Industry
Concluding Remarks from BCC Research
Chapter 8 Appendix
Methodology
Acronyms
References
Company Profiles
AGILENT TECHNOLOGIES INC.
BECKMAN COULTER INC. (SUBSIDIARY OF DANAHER CORP.)