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Genomics Market Set to Soar to $491 Billion by 2032

1/17/2025

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Summary

Story summary

The global genomics market is set to skyrocket from USD 33.25 billion in 2023 to an astonishing USD 491.15 billion by 2032. This surge is fueled by cutting-edge technology and a rising demand for personalized healthcare. Major players like Illumina and Thermo Fisher Scientific are leading the charge, with impactful applications spanning healthcare, agriculture, and biotechnology worldwide.

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Story summary

The global genomics market is set to skyrocket from USD 33.25 billion in 2023 to an astonishing USD 491.15 billion by 2032. This surge is fueled by cutting-edge technology and a rising demand for personalized healthcare. Major players like Illumina and Thermo Fisher Scientific are leading the charge, with impactful applications spanning healthcare, agriculture, and biotechnology worldwide.