Digital Genome Market, by Product Type (Sequencer & Analyzers, Reagents & Kits and Sequencing & Analysis Software), by Application (Clinical (Reproductive Health, Oncology, and Others), Forensics, Drug Discovery and Development and Other Applications), by End User (Hospitals, Diagnostic Centers, Research Institutes, Biotechnology and Pharmaceutical Companies and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) -Size, Share, Outlook, and Opportunity Analysis, 2018-2026

  • Published On : Dec 2018 |
  • Pages : 161 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Digital Genome Market - Insights

Digital genome is one of the emerging technologies in DNA sequencing, which allows to perform human genome to be sequenced and digitized in minutes and at the cost of only a few hundred dollars. This is specifically more efficient than the first sequencing of the 3.2 billion base pairs of a DNA that make up the human genome, which took many years and cost millions of dollars to completely sequenced. Such continuous advancement in the field of digital genome enables to deliver rapid and cost-effective DNA sequencing for development of personalized medicine and clinical treatment.                

The Global Digital Genome Market is estimated to be valued at US$ 7,594.8 million in 2018, and is expected to witness a CAGR of 10.9% during the forecast period (2018–2026).

          
Global Digital Genome Market Share (%), By Product Type: 2018 & 2026  

                                              

Source: Coherent Market Insights Analysis (2018)

Increasing Technological Advancement in Digital Genome field is expected to augment the Market Growth

Increasing technological advancements and growing awareness related to use of genomes for diagnosis of diseases such as cancer, diabetes, and Attention Deficit Hyperactivity Disorder (ADHD) are expected to drive growth of the digital genome market. For instance, in February 2018, the National Human Genome Research Institute (NHGRI) launched a strategic planning, which will establish a 2020, vision for genomics research aimed at accelerating scientific and medical breakthroughs. Furthermore, in the development of this strategic planning, the institute will engage experts and diverse public communities to identify diverse areas of genomics, which will expand the novel applications in human health and disease treatments.

Furthermore, Artificial Intelligence and machine learning methods are currently been used for various problems faced by genomics such as annotating genomic sequence elements, identifying splice sites, promoters, enhancers, and positioned nucleosomes. For instance, Sapientia: a clinical genomics analysis platform from Congenica uses algorithms to annotate and priorities variants from whole-exome sequencing to assist in the diagnosis of rare disease.

In December 2017, Google released DeepVariant: an Artificial Intelligence (AI) tool, which uses AI techniques to build more precise picture of any individual’s genome from sequencing data. DeepVariant automatically identifies small insertion and deletion mutations and single base-pair mutations in sequencing data. 

In February 2018, the Canadian Genomics Cloud launched an advanced public cloud platform that allows researchers from Canada to securely store, share, and analyze genomics data for further discoveries.  


Global Digital Genome Market Share (%), By Application: 2018 & 2026

Source: Coherent Market Insights Analysis (2018)

Increasing Adoption of Personalized Medicine is expected to propel the Market Growth

Increasing inclination towards using genome to predict reaction of medication for safe and effective treatment of cancer, Attention Deficit Hyperactivity Disorder (ADHD), diabetes for personalized and safe treatment to choose most appropriate treatment for ADHD, and nutrition profiling where DNA is used to prevent development of chronic diseases are expected to be major growth drivers for the digital genome market.

According to the World Health Organization (WHO), cancer is one of the leading causes of morbidity and mortality across the world, with around 14 million new cases reported worldwide in 2012. The World Health Organization (WHO) also suggests that 30-50% deaths caused due to cancer can be prevented by adequate treatment in early stages and can drastically reduce risk factors. In these scenario, personalized medicine offers most promising approaches to tackle diseases, which have far eluded effective treatments or cures.

Personalized medicine is an emerging approach for disease treatment and prevention, which takes into account individual variability in genes, environment, and lifestyle for each person. In September 2018, Congenica: a diagnostic decision support platform provider entered into an agreement with Digital China Health Technologies Cooperation Limited (DCHealth) to introduce the genomic medicine in the Chinese market. In this partnership, Congenica will develop a version of its Sapientia platform is designed to enable healthcare professionals and patients in China to benefit from the clinical genomics and personalized medicine. DCHealth will offer its significant commercial network and experience in the Chinese hospital market to accelerate the commercialization of this locally-adapted version of Sapientia. 

Among region, North America is expected to be the most attractive region for digital genome market due to presence of key players in the region, which are majorly involved in gaining regulatory product approvals and launches of innovative digital genome-based products and technologies in this market. Increasing awareness regarding personalized medicines and its effectiveness in the targeted treatment of cancer and various other infectious diseases, will lead to generate increased demand for digital genome technologies in near future, in these region. 

Expanding healthcare infrastructure in emerging economies such as India and growing incidence of disease burden in this country are contributing to growth of the digital genome market in Asia Pacific. For instance, in October 2017, Genome India Project was launched in the northeast region of India, which involves Whole Genome Sequencing (WGS) of over 2,000 individuals of different ethnic, linguistic, and social-cultural section of the northeastern states. This genetic information will be helpful in reducing disease burden by the application of personalized medicine.

Key players operating in the global digital genome market include, Illumina, Inc., PerkinElmer, Inc., Pacific Biosciences of California, Inc., Thermo Fisher Scientific Inc., Oxford Nanopore Technologies Limited, Nanostring Technologies, Inc., IBM Corporation, Google LLC, Amazon.com, Inc., Deep Genomics, Deep Genomics, Deep Genomics, Desktop Genetics Ltd., and Ancestry.com LLC.

Digital genome is powerful tool to analyze personal genome patterns in digital way to precisely detect any gene alteration. It is majorly used in molecular diagnosis of wide variety of disease such as cancer, infectious disease, organ transplant, and pre-natal health monitoring. Increasing incidence of infectious diseases among the global population and increasing adoption of personalized medicines for the disease treatments using patient’s genetic information are expected to aid in offering targeted treatment. This in turn is expected to create lucrative growth opportunities for the digital genome market in the near future.                                   

Market Dynamics

Engagement of various key players and government regulatory organizations to launch digital genome-based products and services to conduct extensive research and development (R&D) in development of personalized medicines for cancer, diabetes, and other infectious diseases are expected to drive growth of the global digital genome market. Furthermore, integration of Artificial Intelligence (AI) to efficiently analyze the complex genome data and thereby, easy utilization of these genomic data by heathcare professionals, clinicians, and researchers is expected to increase adoption of digital genome technologies over the forecast period.

Increasing research in genomics and rising investments, grants, and funds by government in the field genomics are creating opportunity for the digital genome developers and providers.

For instance, the Genomics R&D Initiative (GRDI) based in Canada cooperates with other federal science departments and agencies such as Agriculture and Agri-Food Canada, the Canadian Food Inspection Agency, Environment and Climate Change Canada, the National Research Council of Canada, Natural Resources Canada, among others to carryout vital genomic research. According to the Genomics R&D Initiative (GRDI) June 2017: GRDI receives around US$ 20 million annually from Government of Canada (GoC) to conduct this research.

Key features of the study:

  • This report provides in-depth analysis of digital genome market, its market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2018, as the base year.
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
  • It profiles key players in the global digital genome market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies.
  • Key companies covered as a part of this study include, Illumina, Inc., PerkinElmer, Inc., Pacific Biosciences of California, Inc., Thermo Fisher Scientific Inc., Oxford Nanopore Technologies Limited, Nanostring Technologies, Inc., IBM Corporation, Google LLC, Amazon.com, Inc., Deep Genomics, Deep Genomics, Deep Genomics, Desktop Genetics Ltd., and Ancestry.com LLC.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future type upgradation, market expansion, and marketing tactics.
  • The global digital genome market report caters to various stakeholders in this industry including investors, researchers, digital genome organizations, new entrants, and financial analysts.
  • Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the digital genome market.

Detailed Segmentation:

  • Global Digital Genome Market, By Product Type:
    • Sequencer & Analyzers
    • Reagents & Kits
    • Sequencing & Analysis Software
  • Global Digital Genome Market, By Application:
    • Clinical
      • Reproductive Health
      • Oncology
      • Others
    • Forensics
    • Drug Discovery and Development
    • Other Applications
  • Global Digital Genome Market, By End User:
    • Hospitals
    • Diagnostic Centers
    • Research Institutes
    • Biotechnology and Pharmaceutical Companies
    • Others
  • Global Digital Genome Market, By Geography:
    • North America
      • By Country:
        • U.S.
        • Canada
      • By Product Type:
        • Sequencer & Analyzers
        • Reagents & Kits
        • Sequencing & Analysis Software
      • By Application:
        • Clinical
          • Reproductive Health
          • Oncology
          • Others
        • Forensics
        • Drug Discovery and Development
        • Other Applications
      • By End User:
        • Hospitals
        • Diagnostic Centers
        • Research Institutes
        • Biotechnology and Pharmaceutical Companies
        • Others
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Product Type:
        • Sequencer & Analyzers
        • Reagents & Kits
        • Sequencing & Analysis Software
      • By Application:
        • Clinical
          • Reproductive Health
          • Oncology
          • Others
        • Forensics
        • Drug Discovery and Development
        • Other Applications
      • By End User:
        • Hospitals
        • Diagnostic Centers
        • Research Institutes
        • Biotechnology and Pharmaceutical Companies
        • Others
    • Asia Pacific
      • By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
      • By Product Type:
        • Sequencer & Analyzers
        • Reagents & Kits
        • Sequencing & Analysis Software
      • By Application:
        • Clinical
          • Reproductive Health
          • Oncology
          • Others
        • Forensics
        • Drug Discovery and Development
        • Other Applications
      • By End User:
        • Hospitals
        • Diagnostic Centers
        • Research Institutes
        • Biotechnology and Pharmaceutical Companies
        • Others
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • By Product Type:
        • Sequencer & Analyzers
        • Reagents & Kits
        • Sequencing & Analysis Software
      • By Application:
        • Clinical
          • Reproductive Health
          • Oncology
          • Others
        • Forensics
        • Drug Discovery and Development
        • Other Applications
      • By End User:
        • Hospitals
        • Diagnostic Centers
        • Research Institutes
        • Biotechnology and Pharmaceutical Companies
        • Others
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
      • By Product Type:
        • Sequencer & Analyzers
        • Reagents & Kits
        • Sequencing & Analysis Software
      • By Application:
        • Clinical
          • Reproductive Health
          • Oncology
          • Others
        • Forensics
        • Drug Discovery and Development
        • Other Applications
      • By End User:
        • Hospitals
        • Diagnostic Centers
        • Research Institutes
        • Biotechnology and Pharmaceutical Companies
        • Others
    • Africa
      • By Country:
        • North Africa
        • Central Africa
        • South Africa
      • By Product Type:
        • Sequencer & Analyzers
        • Reagents & Kits
        • Sequencing & Analysis Software
      • By Application:
        • Clinical
          • Reproductive Health
          • Oncology
          • Others
        • Forensics
        • Drug Discovery and Development
        • Other Applications
      • By End User:
        • Hospitals
        • Diagnostic Centers
        • Research Institutes
        • Biotechnology and Pharmaceutical Companies
        • Others
  • Company Profiles
    •  Illumina, Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
    • PerkinElmer, Inc.
    • Pacific Biosciences of California, Inc.
    • Thermo Fisher Scientific Inc.
    • Oxford Nanopore Technologies Limited
    • Nanostring Technologies, Inc.
    • IBM Corporation
    • Google LLC
    • Amazon.com, Inc.
    • Deep Genomics
    • GenomeMe
    • 23andMe
    • Desktop Genetics Ltd.
    • Ancestry.com LLC

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Genome Database
      • Genome Database Construction
      • Drivers
      • Restraints
      • Market Opportunities
      • Impact Analysis
      • Market Trends
      • Epidemiology
      • Key Developments
      • Strategic Acquisitions
      • PEST Analysis
      • Porter’s Five Forces Analysis   
  4. Global Digital Genome Market, By Product Type, 2016 - 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 - 2026
      • Segment Trends
    • Sequencer & Analyzers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
    • Reagents & Kits
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
    • Sequencing & Analysis Software
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
  5. Global Digital Genome Market, By Application, 2016 - 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 - 2026
      • Segment Trends
    • Clinical
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
        • Reproductive Health
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
        • Oncology
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
        • Others 
          • Introduction
          • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
    • Forensics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
    • Drug Discovery and Development
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
    • Other Applications
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
  6. Global Digital Genome Market, By End User, 2016 - 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 - 2026
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
    • Diagnostic Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
    • Research Institutes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
    • Biotechnology and Pharmaceutical Companies
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 - 2026, (US$ Million)
  7. Global Digital Genome Market, By Region, 2016 - 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, By Region, 2017 - 2026
    • North America
      • Market Size and Forecast, By Product Type, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 - 2026, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Product Type, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 - 2026, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 - 2026, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Product Type, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 - 2026, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Product Type, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 - 2026, (US$ Million)
        • North Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Product Type, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 - 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 - 2026, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Illumina, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • PerkinElmer, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Pacific Biosciences of California, Inc. 
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Thermo Fisher Scientific Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Oxford Nanopore Technologies Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Nanostring Technologies, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • IBM Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Google LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Amazon.com, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Deep Genomics
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • GenomeMe
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • 23andMe
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Desktop Genetics Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
          Strategies
      • Ancestry.com LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
  9. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

*Browse 35 market data tables and 37 figures on "Digital Genome Market - Global forecast to 2026”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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