Optical Genome Mapping (OGM) Market Size
Market Outlook:
Base Year Value (2023)
USD 132.82 Million
CAGR (2024-2032)
24.2%
Forecast Year Value (2032)
USD 934.02 Million
Historical Data Period
2019-2023
Largest Region
North America
Forecast Period
2024-2032
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Market Dynamics:
Growth Drivers & Opportunity:Optical Genome Mapping Market is expected to witness significant growth due to increasing adoption of precision medicine and personalized healthcare approaches.
Technological advancements in genome mapping techniques and rising demand for high-throughput DNA analysis are also driving market growth.
Growing investments in genomics research and development activities further contribute to the expansion of the Optical Genome Mapping Market.
Industry
Report Scope
| Report Coverage | Details |
|---|---|
| Segments Covered | Products & Services, Application, Solution, End-User, |
| Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
| Company Profiled | Bionano Genomics,, Nucleome Informatics Private Limited, Nabsys,, Praxis Genomics LLC, PerkinElmer, Inc, OpGen, Inc, SourceBio International Limited, MedGenome Labs Private Limited, Genohub, and Cerba HealthCare |
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High cost associated with optical genome mapping instruments and limited awareness about the technology among end users are major restraints for market growth.
Challenges related to data analysis and interpretation of complex genomic data pose additional barriers to the adoption of optical genome mapping technology.
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