Genomics Market

Genomics is the study of the genetic material or genomes of an organism. Analysts forecast the Global Genomics market will grow at a CAGR of 11.21% over the period 2013-2018. According to the report, the most important driver of the market is an increase in the demand for consumables. The growing adoption of genetic testing for various applications, especially in regions such as the APAC, and an increase in genetic testing volumes in North America and Western Europe is increasing the demand for consumables. The Global Genetic testing market is anticipated to grow at a CAGR of 13.56% between 2018 and 2026. Genetic testing includes observing the DNA, a chemical databank that transports directives for the body’s utilities. Genetic testing can reveal changes or alterations in the genes that may cause illness or disease.

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