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Declining sequencing costs and big data integration are reengineering the health system over the next decade.
Vinay Chhoda · Venture InsightsPeriod: October 201712 min read
Last updated
Forecast CAGR for the global genomics market to 2020
Estimated global genomics market size by 2020
This report analyses the rapid evolution of the genomics sector, driven by a dramatic decline in sequencing costs and the rise of big data analytics. It forecasts the global genomics market will expand at a CAGR of 15.1% to reach US$19.9bn by 2020. The analysis explores the convergence of biology and computer science, the emergence of direct-to-consumer testing models like 23andMe, and the strategic initiatives in the US and China that are currently leading the global genomics race.
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