The North America Omics Lab Services Market would witness market growth of 12.4% CAGR during the forecast period (2022-2028).
The Omics research has mostly helped the area of cancer, and one recently established use of NGS clinical testing is for the measurement of circulating tumor DNA (ctDNA) from plasma. There are several NGS technologies that may be applied, including Cancer Personalized Profiling by deep sequencing. Recent advancements in high-throughput RNA sequencing have highlighted the significance of transcriptomics in biological and clinical research. Transcriptomics may be carried out utilizing microarrays or RNA sequencing using NGS technology.
Omics labs have become an essential tool for the prognosis, diagnosis, and treatment of a wide range of diseases; however, the sample sent to omics labs are significantly impacted by supply chain and logistics issues, a lack of skilled professionals with the capacity to handle samples and these issues. Tens of thousands to millions of molecular measurements may be found in omics databases.
Usually, researchers begin by making feature selection, which entails selecting a subset of the data that seem to be connected to the characteristic or outcome or that are presumed to be physiologically relevant based on prior experience. Using just this subset of the data, a fully described computer model may be developed to forecast the clinical outcome based on the omics measurements.
North America is witnessing a massive adoption of new sequencing technology and a shift toward tailored medications. In addition, government assistance is critical. For example, the Biden Administration announced a USD 1.7 billion investment to Fight COVID-19 Variants in April 2021, with USD 1 billion going to expand genomic sequencing and USD 400 million going to support innovation initiatives like the launch of new innovative centers of excellence in genomic epidemiology.
The US market dominated the North America Omics Lab Services Market by Country in 2021; thereby, achieving a market value of $37.6 billion by 2028. The Canada market is anticipated to grow at a CAGR of 15% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 13.9% during (2022 - 2028).
Based on Business, the market is segmented into Diagnostic Labs, Research Institutes, and Hospitals. Based on End Use, the market is segmented into Cancer, Pharmaco, Population Studies & Genealogy, Reproductive, Skincare, Nutrition, Vitamin & Supplements, and Forensics & Others. Based on Type, the market is segmented into Proteomics, Transcriptomic, Metabolomics, Genomics, and Epigenetics. Based on Product, the market is segmented into Hardware Equipment, Testing / Lab Services, and Analytics / Interpretation. Based on Frequency of Service, the market is segmented into Continuous, Repeat, and One-off. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Omics Lab Services Market is Predict to reach $139.1 Billion by 2028, at a CAGR of 12.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., Qiagen N.V., Quest Diagnostics Incorporated, Illumina, Inc., BGI Group, Q2 Solutions (IQVIA), Flomics Biotech, PhenoSwitch Bioscience
Scope of the Study
Market Segments Covered in the Report:
By Business
- Diagnostic Labs
- Research Institutes
- Hospitals
By End-Use
- Cancer
- Pharmaco
- Population Studies & Genealogy
- Reproductive
- Skincare
- Nutrition, Vitamin & Supplements
- Forensics & Others
By Type
- Proteomics
- Transcriptomic
- Metabolomics
- Genomics
- Epigenetics
By Product
- Hardware Equipment
- Testing / Lab Services
- Analytics / Interpretation
By Frequency of Service
- Continuous
- Repeat
- One-off
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Thermo Fisher Scientific, Inc.
- Agilent Technologies, Inc.
- Qiagen N.V.
- Quest Diagnostics Incorporated
- Illumina, Inc.
- BGI Group
- Q2 Solutions (IQVIA)
- Flomics Biotech
- PhenoSwitch Bioscience
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Omics Lab Services Market, by Business
1.4.2 North America Omics Lab Services Market, by End-Use
1.4.3 North America Omics Lab Services Market, by Type
1.4.4 North America Omics Lab Services Market, by Product
1.4.5 North America Omics Lab Services Market, by Frequency of Service
1.4.6 North America Omics Lab Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Omics Lab Services Market
Chapter 4. North America Omics Lab Services Market by Business
4.1 North America Diagnostic Labs Market by Country
4.2 North America Research Institutes Market by Country
4.3 North America Hospitals Market by Country
Chapter 5. North America Omics Lab Services Market by End-Use
5.1 North America Cancer Market by Country
5.2 North America Pharmaco Market by Country
5.3 North America Population Studies & Genealogy Market by Country
5.4 North America Reproductive Market by Country
5.5 North America Skincare Market by Country
5.6 North America Nutrition, Vitamin & Supplements Market by Country
5.7 North America Forensics & Others Market by Country
Chapter 6. North America Omics Lab Services Market by Type
6.1 North America Proteomics Market by Country
6.2 North America Transcriptomic Market by Country
6.3 North America Metabolomics Market by Country
6.4 North America Genomics Market by Country
6.5 North America Epigenetics Market by Country
Chapter 7. North America Omics Lab Services Market by Product
7.1 North America Hardware Equipment Market by Country
7.2 North America Testing / Lab Services Market by Country
7.3 North America Analytics / Interpretation Market by Country
Chapter 8. North America Omics Lab Services Market by Frequency of Service
8.1 North America Continuous Market by Country
8.2 North America Repeat Market by Country
8.3 North America One-off Market by Country
Chapter 9. North America Omics Lab Services Market by Country
9.1 US Omics Lab Services Market
9.1.1 US Omics Lab Services Market by Business
9.1.2 US Omics Lab Services Market by End-Use
9.1.3 US Omics Lab Services Market by Type
9.1.4 US Omics Lab Services Market by Product
9.1.5 US Omics Lab Services Market by Frequency of Service
9.2 Canada Omics Lab Services Market
9.2.1 Canada Omics Lab Services Market by Business
9.2.2 Canada Omics Lab Services Market by End-Use
9.2.3 Canada Omics Lab Services Market by Type
9.2.4 Canada Omics Lab Services Market by Product
9.2.5 Canada Omics Lab Services Market by Frequency of Service
9.3 Mexico Omics Lab Services Market
9.3.1 Mexico Omics Lab Services Market by Business
9.3.2 Mexico Omics Lab Services Market by End-Use
9.3.3 Mexico Omics Lab Services Market by Type
9.3.4 Mexico Omics Lab Services Market by Product
9.3.5 Mexico Omics Lab Services Market by Frequency of Service
9.4 Rest of North America Omics Lab Services Market
9.4.1 Rest of North America Omics Lab Services Market by Business
9.4.2 Rest of North America Omics Lab Services Market by End-Use
9.4.3 Rest of North America Omics Lab Services Market by Type
9.4.4 Rest of North America Omics Lab Services Market by Product
9.4.5 Rest of North America Omics Lab Services Market by Frequency of Service
Chapter 10. Company Profiles
10.1 Thermo Fisher Scientific, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 SWOT Analysis
10.2 Agilent Technologies, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Acquisition and Mergers:
10.3 Qiagen N.V.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Acquisition and Mergers:
10.4 Quest Diagnostics Incorporated
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental Analysis
10.4.4 Recent strategies and developments:
10.4.4.1 Acquisition and Mergers:
10.5 Illumina, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.6 BGI Group
10.6.1 Company Overview
10.7 Q2 Solutions (IQVIA)
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Partnerships, Collaborations, and Agreements:
10.8 Flomics Biotech
10.8.1 Company Overview
10.9 PhenoSwitch Bioscience
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Omics Lab Services Market, 2018 - 2021, USD Million
TABLE 2 North America Omics Lab Services Market, 2022 - 2028, USD Million
TABLE 3 North America Omics Lab Services Market by Business, 2018 - 2021, USD Million
TABLE 4 North America Omics Lab Services Market by Business, 2022 - 2028, USD Million
TABLE 5 North America Diagnostic Labs Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Diagnostic Labs Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Research Institutes Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Research Institutes Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Omics Lab Services Market by End-Use, 2018 - 2021, USD Million
TABLE 12 North America Omics Lab Services Market by End-Use, 2022 - 2028, USD Million
TABLE 13 North America Cancer Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Cancer Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Pharmaco Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Pharmaco Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Population Studies & Genealogy Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Population Studies & Genealogy Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Reproductive Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Reproductive Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Skincare Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Skincare Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Nutrition, Vitamin & Supplements Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Nutrition, Vitamin & Supplements Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Forensics & Others Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Forensics & Others Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Omics Lab Services Market by Type, 2018 - 2021, USD Million
TABLE 28 North America Omics Lab Services Market by Type, 2022 - 2028, USD Million
TABLE 29 North America Proteomics Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Proteomics Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Transcriptomic Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Transcriptomic Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Metabolomics Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Metabolomics Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Genomics Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Genomics Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Epigenetics Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Epigenetics Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Omics Lab Services Market by Product, 2018 - 2021, USD Million
TABLE 40 North America Omics Lab Services Market by Product, 2022 - 2028, USD Million
TABLE 41 North America Hardware Equipment Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Hardware Equipment Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Testing / Lab Services Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Testing / Lab Services Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Analytics / Interpretation Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Analytics / Interpretation Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Omics Lab Services Market by Frequency of Service, 2018 - 2021, USD Million
TABLE 48 North America Omics Lab Services Market by Frequency of Service, 2022 - 2028, USD Million
TABLE 49 North America Continuous Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Continuous Market by Country, 2022 - 2028, USD Million
TABLE 51 North America Repeat Market by Country, 2018 - 2021, USD Million
TABLE 52 North America Repeat Market by Country, 2022 - 2028, USD Million
TABLE 53 North America One-off Market by Country, 2018 - 2021, USD Million
TABLE 54 North America One-off Market by Country, 2022 - 2028, USD Million
TABLE 55 North America Omics Lab Services Market by Country, 2018 - 2021, USD Million
TABLE 56 North America Omics Lab Services Market by Country, 2022 - 2028, USD Million
TABLE 57 US Omics Lab Services Market, 2018 - 2021, USD Million
TABLE 58 US Omics Lab Services Market, 2022 - 2028, USD Million
TABLE 59 US Omics Lab Services Market by Business, 2018 - 2021, USD Million
TABLE 60 US Omics Lab Services Market by Business, 2022 - 2028, USD Million
TABLE 61 US Omics Lab Services Market by End-Use, 2018 - 2021, USD Million
TABLE 62 US Omics Lab Services Market by End-Use, 2022 - 2028, USD Million
TABLE 63 US Omics Lab Services Market by Type, 2018 - 2021, USD Million
TABLE 64 US Omics Lab Services Market by Type, 2022 - 2028, USD Million
TABLE 65 US Omics Lab Services Market by Product, 2018 - 2021, USD Million
TABLE 66 US Omics Lab Services Market by Product, 2022 - 2028, USD Million
TABLE 67 US Omics Lab Services Market by Frequency of Service, 2018 - 2021, USD Million
TABLE 68 US Omics Lab Services Market by Frequency of Service, 2022 - 2028, USD Million
TABLE 69 Canada Omics Lab Services Market, 2018 - 2021, USD Million
TABLE 70 Canada Omics Lab Services Market, 2022 - 2028, USD Million
TABLE 71 Canada Omics Lab Services Market by Business, 2018 - 2021, USD Million
TABLE 72 Canada Omics Lab Services Market by Business, 2022 - 2028, USD Million
TABLE 73 Canada Omics Lab Services Market by End-Use, 2018 - 2021, USD Million
TABLE 74 Canada Omics Lab Services Market by End-Use, 2022 - 2028, USD Million
TABLE 75 Canada Omics Lab Services Market by Type, 2018 - 2021, USD Million
TABLE 76 Canada Omics Lab Services Market by Type, 2022 - 2028, USD Million
TABLE 77 Canada Omics Lab Services Market by Product, 2018 - 2021, USD Million
TABLE 78 Canada Omics Lab Services Market by Product, 2022 - 2028, USD Million
TABLE 79 Canada Omics Lab Services Market by Frequency of Service, 2018 - 2021, USD Million
TABLE 80 Canada Omics Lab Services Market by Frequency of Service, 2022 - 2028, USD Million
TABLE 81 Mexico Omics Lab Services Market, 2018 - 2021, USD Million
TABLE 82 Mexico Omics Lab Services Market, 2022 - 2028, USD Million
TABLE 83 Mexico Omics Lab Services Market by Business, 2018 - 2021, USD Million
TABLE 84 Mexico Omics Lab Services Market by Business, 2022 - 2028, USD Million
TABLE 85 Mexico Omics Lab Services Market by End-Use, 2018 - 2021, USD Million
TABLE 86 Mexico Omics Lab Services Market by End-Use, 2022 - 2028, USD Million
TABLE 87 Mexico Omics Lab Services Market by Type, 2018 - 2021, USD Million
TABLE 88 Mexico Omics Lab Services Market by Type, 2022 - 2028, USD Million
TABLE 89 Mexico Omics Lab Services Market by Product, 2018 - 2021, USD Million
TABLE 90 Mexico Omics Lab Services Market by Product, 2022 - 2028, USD Million
TABLE 91 Mexico Omics Lab Services Market by Frequency of Service, 2018 - 2021, USD Million
TABLE 92 Mexico Omics Lab Services Market by Frequency of Service, 2022 - 2028, USD Million
TABLE 93 Rest of North America Omics Lab Services Market, 2018 - 2021, USD Million
TABLE 94 Rest of North America Omics Lab Services Market, 2022 - 2028, USD Million
TABLE 95 Rest of North America Omics Lab Services Market by Business, 2018 - 2021, USD Million
TABLE 96 Rest of North America Omics Lab Services Market by Business, 2022 - 2028, USD Million
TABLE 97 Rest of North America Omics Lab Services Market by End-Use, 2018 - 2021, USD Million
TABLE 98 Rest of North America Omics Lab Services Market by End-Use, 2022 - 2028, USD Million
TABLE 99 Rest of North America Omics Lab Services Market by Type, 2018 - 2021, USD Million
TABLE 100 Rest of North America Omics Lab Services Market by Type, 2022 - 2028, USD Million
TABLE 101 Rest of North America Omics Lab Services Market by Product, 2018 - 2021, USD Million
TABLE 102 Rest of North America Omics Lab Services Market by Product, 2022 - 2028, USD Million
TABLE 103 Rest of North America Omics Lab Services Market by Frequency of Service, 2018 - 2021, USD Million
TABLE 104 Rest of North America Omics Lab Services Market by Frequency of Service, 2022 - 2028, USD Million
TABLE 105 Key Information – Thermo Fisher Scientific, Inc.
TABLE 106 key Information – Agilent Technologies, Inc.
TABLE 107 Key Information – Qiagen N.V.
TABLE 108 Key information – Quest Diagnostics Incorporated
TABLE 109 key information – Illumina, Inc.
TABLE 110 Key Information – BGI Group
TABLE 111 Key Information – Q2 SOLUTIONS
TABLE 112 Key Information – Flomics Biotech
TABLE 113 Key Information – Phenoswitch bioscience
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: thermo fisher scientific, inc.