The global Blockchain in Genomics Market is forecasted to be worth USD 1,258.3 Million by 2027, according to a current analysis by Emergen Research. The Global Blockchain in Genomics Market Report offers extensive knowledge and information about the Blockchain in Genomics market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. Due to the growing demand for data protection for distinctive genomic data, the global blockchain in the genomics market is anticipated to expand exponentially. In addition, increased adoption of genetic information in the medical practice is anticipated to further drive market growth over the forecasted timeframe.
The Global Blockchain in Genomics Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Blockchain in Genomics market in each key region of the world. Furthermore, the report also covers a present and future impact analysis of the pandemic on market growth. Moreover, private entities and venture capitalists' rising funding is anticipated to augment the market growth shortly. The high cost of maintenance is likely to hinder the market growth over the forecasted timeframe.
Key Highlights From The Report
- In September 2019, Nebula Genomics, Inc. launched blockchain-based DNA sequencing. With the introduction of blockchain-based DNA sequencing, the firm will enhance its market position.
- Over the forecast timeline, the utility segment is anticipated to lead the market. It offers a form of digital coupon that can be easily traded in the future for discounted fees or exclusive exposure to a service.
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The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Blockchain in Genomics market. The report on the global Blockchain in Genomics market presents the expected growth rate and market value the market is expected to achieve in the coming years.
Key participants include GenoBank.io Inc, Nebula Genomics, Inc., SimplyVital Health, Inc., Zenome.io Ltd., LunaDNA, LLC, Encrypgen Incorporated, Digital DNAtix Ltd, Longenesis Ltd, WuXi Nextcode Genomics, and Shivom Ventures Limited, among others.
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The report aims to deliver a comprehensive understanding of the Blockchain in Genomics market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.
Key Geographies Profiled in the Report:
- North America(the U.S., Mexico, and Canada)
- Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
- Europe(the U.K., France, Germany, and Rest of Europe)
- Latin America(Brazil and Rest of Latin America)
- Middle East & Africa(GCC Countries and Rest of Middle East & Africa)
Emergen Research has segmented the global Blockchain in Genomics Market on the basis of service, business model, application, end-use, and region:
- Service Outlook (Revenue, USD Million; 2017-2027)
- Business Model Outlook (Revenue, USD Million; 2017-2027)
- Business to Customer (B2C)
- Business to Business (B2B)
- Customer to Business (C2B)
- Application Outlook (Revenue, USD Million; 2017-2027)
- Data Storage & Security
- Data Sharing and Monetization
- Automated Health Insurance
- End-Use Outlook (Revenue, USD Million; 2017-2027)
- Pharmaceutical and Biotechnology
- Research Institutes
Key Reasons to Buy This Report:
- The report presents a thorough examination of the Blockchain in Genomics market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- The report is inclusive of an in-depth study of the industry variables, manufacturers' value chain, sales volume, market share, competitive landscape, and effective business tactics.
- The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
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Table of ContentChapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources1.5. Market Estimation TechniqueChapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027Chapter 3. Key InsightsChapter 4. Blockchain in Genomics Market Segmentation & Impact Analysis 4.1. Blockchain in Genomics Market Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 220.127.116.11. The increasing demand for data security of unique genomic data 18.104.22.168. The increased adoption in clinical workflow of genomic data 22.214.171.124. Increasing use of digital services and digitalization of healthcare facilities 126.96.36.199. The rising government funding for genomics 4.2.3. Market restraints analysis 188.8.131.52. High cost of maintenance 184.108.40.206. Lack of awareness 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter's Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
Chapter 5. Blockchain in Genomics Market By Service Insights & Trends, Revenue (USD Million) 5.1. Service Dynamics & Market Share, 2019 & 2027 5.1.1. Utility 5.1.2. Platforms
Key Questions Answered in the Report:
What are the key growth driving and restraining factors of the Blockchain in Genomics market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Blockchain in Genomics market and its key segments?
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