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US Genomics Market

ID: MRFR/HC/14351-HCR
100 Pages
Garvit Vyas
October 2025

United States Genomics Market Research Report to 2032

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US Genomics Market Infographic
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US Genomics Market Summary

As per MRFR analysis, the US genomics market Size was estimated at 16.5 USD Billion in 2024. The US genomics market is projected to grow from 18.66 USD Billion in 2025 to 63.9 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 13.1% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US genomics market is experiencing robust growth driven by technological advancements and increasing demand for personalized medicine.

  • The rise of personalized medicine is reshaping treatment paradigms across various healthcare sectors.
  • Advancements in genomic technologies are enhancing the accuracy and efficiency of genetic testing.
  • The integration of genomics in drug development is becoming a pivotal factor in pharmaceutical innovation.
  • Key market drivers include the increasing demand for genetic testing and the expansion of genomic research funding.

Market Size & Forecast

2024 Market Size 16.5 (USD Billion)
2035 Market Size 63.9 (USD Billion)

Major Players

Illumina (US), Thermo Fisher Scientific (US), Roche (CH), Agilent Technologies (US), BGI Genomics (CN), Qiagen (DE), PerkinElmer (US), Eurofins Scientific (LU)

US Genomics Market Trends

The genomics market is currently experiencing a transformative phase, driven by advancements in technology and increasing demand for personalized medicine. The integration of genomic data into healthcare practices is reshaping treatment protocols, enabling more precise and effective interventions. This shift is largely influenced by the growing recognition of the role of genetics in disease prevention and management. As healthcare providers adopt genomic testing, the market is likely to expand, fostering innovation in diagnostic tools and therapeutic solutions. Furthermore, collaborations between academic institutions and biotechnology firms are enhancing research capabilities, which may lead to breakthroughs in understanding complex genetic disorders. In addition, regulatory frameworks are evolving to accommodate the rapid advancements in genomics. The emphasis on ethical considerations and data privacy is paramount, as stakeholders navigate the implications of genomic data usage. This regulatory landscape could influence market dynamics, potentially affecting investment and development strategies within the genomics sector. Overall, the genomics market appears poised for substantial growth, driven by technological advancements, increased healthcare integration, and a focus on ethical practices in data management.

Rise of Personalized Medicine

The trend towards personalized medicine is gaining momentum, as healthcare providers increasingly utilize genomic data to tailor treatments to individual patients. This approach enhances the efficacy of therapies and minimizes adverse effects, leading to improved patient outcomes.

Advancements in Genomic Technologies

Innovations in sequencing technologies and bioinformatics are propelling the genomics market forward. These advancements facilitate faster and more accurate genomic analyses, enabling researchers and clinicians to derive meaningful insights from genetic data.

Regulatory Developments and Ethical Considerations

As the genomics market evolves, regulatory bodies are adapting to address the complexities of genomic data usage. Ethical considerations surrounding data privacy and consent are becoming central to discussions, influencing how genomic information is managed and utilized.

US Genomics Market Drivers

Expansion of Genomic Research Funding

The US government and private sector are significantly increasing funding for genomic research, which is a key driver of the genomics market. Federal agencies, such as the National Institutes of Health (NIH), have allocated billions of dollars to genomics research initiatives, aiming to advance understanding of genetic diseases and develop innovative therapies. In 2025, funding for genomics research is anticipated to surpass $5 billion, reflecting a commitment to enhancing public health through genomic science. This influx of capital not only supports academic research but also stimulates collaboration between public and private entities, fostering innovation and accelerating the translation of genomic discoveries into clinical applications.

Increasing Demand for Genetic Testing

The growing awareness of genetic testing among consumers is driving the genomics market in the US. Individuals are increasingly seeking insights into their genetic predispositions to various health conditions, which has led to a surge in demand for genetic testing services. According to recent estimates, the genetic testing market is projected to reach approximately $10 billion by 2026, reflecting a compound annual growth rate (CAGR) of around 11%. This trend is further fueled by advancements in technology that make genetic testing more accessible and affordable. As healthcare providers incorporate genetic testing into routine care, the genomics market is likely to expand, offering new opportunities for innovation and service delivery.

Rising Prevalence of Genetic Disorders

The increasing prevalence of genetic disorders in the US is propelling the growth of the genomics market. Conditions such as cystic fibrosis, sickle cell disease, and various hereditary cancers are becoming more recognized, leading to heightened demand for genetic testing and counseling services. It is estimated that approximately 1 in 10 individuals in the US is affected by a genetic disorder, which underscores the necessity for effective diagnostic tools and treatment options. As healthcare providers seek to address these challenges, the genomics market is likely to expand, offering innovative solutions that cater to the needs of patients and healthcare systems alike.

Integration of Genomics in Drug Development

The integration of genomics into drug development processes is reshaping the landscape of the genomics market. Pharmaceutical companies are increasingly leveraging genomic data to identify potential drug targets and develop personalized therapies. This shift is evidenced by the fact that over 60% of new drug approvals in recent years have involved some form of genomic data analysis. The ability to tailor treatments based on genetic profiles not only enhances efficacy but also reduces adverse effects, thereby improving patient outcomes. As the industry continues to embrace genomics, the market is expected to witness substantial growth, with investments in genomic research and development projected to exceed $20 billion by 2025.

Technological Advancements in Sequencing Methods

Technological advancements in sequencing methods are revolutionizing the genomics market. Innovations such as next-generation sequencing (NGS) have dramatically reduced the cost and time required for genomic analysis, making it more accessible to researchers and clinicians. The cost of sequencing a human genome has plummeted from over $100 million in the early 2000s to less than $1,000 today, facilitating widespread adoption. This democratization of genomic data is expected to drive market growth, as more institutions and laboratories invest in sequencing technologies. By 2026, the market for sequencing technologies is projected to reach $15 billion, indicating a robust demand for these advanced methodologies.

Market Segment Insights

By Application: Clinical Diagnostics (Largest) vs. Personalized Medicine (Fastest-Growing)

In the US genomics market, the application segment showcases a dynamic distribution of market share among key values: Drug Discovery, Clinical Diagnostics, Personalized Medicine, and Genetic Testing. Clinical Diagnostics occupies the largest share, driven by a surge in demand for accurate and timely diagnoses. Meanwhile, Personalized Medicine is rapidly gaining traction, supported by advancements in genomics and a growing focus on tailored therapeutic approaches, appealing to both healthcare providers and patients alike. The growth trends for these segments reveal strong drivers propelling the market forward. Clinical Diagnostics benefits from the integration of genomic data into routine testing, enhancing diagnostic precision. On the other hand, Personalized Medicine is recognized as the fastest-growing segment, propelled by increased investment in research, innovative technologies, and a rising preference for customized healthcare solutions. Consumers and providers are increasingly advocating for treatments tailored to individual genetic profiles, indicating bright prospects for this segment.

Clinical Diagnostics (Dominant) vs. Personalized Medicine (Emerging)

Clinical Diagnostics stands as the dominant force in the application segment, largely due to its crucial role in patient care and disease management. Providing essential insights into patient health, it leverages genomic data to improve accuracy in disease detection and monitoring. The market is characterized by a wide array of testing options, including advanced sequencing technologies and biomarkers, catering to various health conditions. Conversely, Personalized Medicine represents an emerging paradigm, emphasizing individualized treatment plans based on genetic makeup. This segment is increasingly recognized for its potential to enhance therapeutic efficacy and minimize adverse effects, leveraging innovations in genomics to target specific patient profiles and conditions. Together, they highlight the evolving landscape of healthcare driven by genomic advancements.

By Technology: Sequencing (Largest) vs. CRISPR (Fastest-Growing)

In the US genomics market, Sequencing holds the largest market share among the technology segment values, driven by its extensive applications in research and clinical settings. Microarray and PCR also capture significant portions of the market, catering to specific analytical and diagnostic needs. Each of these technologies serves a unique purpose, factoring into the overall distribution of market share in this competitive field. Looking ahead, the growth trends indicate that CRISPR is the fastest-growing segment, propelled by advancements in genome editing techniques and increasing investments in research and development. As researchers explore its potential in various therapeutic applications, the demand for CRISPR technology is expected to rise sharply, reshaping the dynamics within the technology segment of the market.

Technology: Sequencing (Dominant) vs. CRISPR (Emerging)

Sequencing stands out as the dominant technology in the US genomics market, characterized by its high accuracy and ability to process vast amounts of genetic data. It is extensively utilized across diverse fields such as personalized medicine, oncology, and genetic research, making it a preferred choice for many genomic applications. In contrast, CRISPR is emerging as a revolutionary force, known for its efficiency in gene editing and modification. Its rapid adoption in research and clinical trials highlights its transformative potential in therapeutic development. While Sequencing is established and reliable, CRISPR's innovative platform is expected to gain traction, driven by its ability to provide precise genetic solutions and hit specific targets in genomics.

By End Use: Hospitals (Largest) vs. Diagnostic Laboratories (Fastest-Growing)

In the US genomics market, hospitals capture a significant share of the end-use segment, driven primarily by their expanding genomic services and the integration of genomics into routine patient care. Diagnostic laboratories also hold a substantial market share, but their role is increasingly becoming critical as they adapt to the burgeoning demand for personalized medicine and faster, more accurate testing. Research institutes and pharmaceutical companies, while important, account for a lesser portion of the overall market share at present. Growth trends indicate that diagnostic laboratories are positioned to experience the fastest growth within the segment, fueled by advancements in genomic technologies and the rising emphasis on preventive healthcare. Additionally, hospitals continue to expand their genomic capabilities, which propels their dominance. Collaboration between research institutes and pharmaceutical companies further enhances innovation and accelerates breakthroughs in genomics, contributing positively to market dynamics.

Hospitals (Dominant) vs. Diagnostic Laboratories (Emerging)

Hospitals play a dominant role in the US genomics market, leveraging advanced technologies and resources to offer a wide range of genomic testing and counseling services to patients. This trend is further supported by increased investment in genomic research and integration into the healthcare framework. Diagnostic laboratories, while considered emerging in this context, are rapidly adapting to the evolving landscape and are increasingly essential to meet the growing demand for comprehensive genetic testing. Their focus on innovation and efficiency aligns with the broader trend towards personalized medicine, establishing them as key players in the genomics ecosystem while complementing the services provided by hospitals.

Get more detailed insights about US Genomics Market

Key Players and Competitive Insights

The US genomics market exhibits a dynamic competitive landscape characterized by rapid technological advancements and increasing demand for personalized medicine. Key players such as Illumina (US), Thermo Fisher Scientific (US), and Roche (CH) are at the forefront, leveraging innovation and strategic partnerships to enhance their market positions. Illumina (US) focuses on expanding its sequencing technologies, while Thermo Fisher Scientific (US) emphasizes its comprehensive portfolio of genomic solutions. Roche (CH) is strategically investing in diagnostics and therapeutics, indicating a shift towards integrated healthcare solutions. Collectively, these strategies foster a competitive environment that prioritizes innovation and collaboration.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with several players vying for market share. However, the collective influence of major companies like Illumina (US) and Thermo Fisher Scientific (US) suggests a trend towards consolidation, as these firms seek to leverage economies of scale and broaden their service offerings.

In October 2025, Illumina (US) announced a strategic partnership with a leading healthcare provider to enhance genomic testing capabilities. This collaboration aims to integrate advanced sequencing technologies into routine clinical practice, potentially revolutionizing patient care. The strategic importance of this partnership lies in its potential to increase accessibility to genomic data, thereby facilitating personalized treatment plans and improving patient outcomes.

In September 2025, Thermo Fisher Scientific (US) launched a new line of genomic analysis tools designed to streamline research workflows. This product introduction is significant as it addresses the growing demand for efficient and accurate genomic analysis in both academic and clinical settings. By enhancing its product offerings, Thermo Fisher Scientific (US) positions itself as a leader in the genomics space, catering to the evolving needs of researchers and healthcare professionals.

In August 2025, Roche (CH) expanded its portfolio by acquiring a biotech firm specializing in CRISPR technology. This acquisition is pivotal as it not only strengthens Roche's capabilities in gene editing but also aligns with the increasing focus on precision medicine. The integration of CRISPR technology into Roche's offerings could lead to groundbreaking advancements in therapeutic development, further solidifying its competitive edge.

As of November 2025, current trends in the genomics market include a pronounced shift towards digitalization, sustainability, and the integration of artificial intelligence (AI) in genomic research. Strategic alliances are increasingly shaping the competitive landscape, enabling companies to pool resources and expertise. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This shift underscores the importance of agility and adaptability in a rapidly changing market.

Key Companies in the US Genomics Market market include

Future Outlook

US Genomics Market Future Outlook

The Genomics Market is projected to grow at 13.1% CAGR from 2024 to 2035, driven by advancements in technology, increased demand for personalized medicine, and rising investments in research.

New opportunities lie in:

  • Development of AI-driven genomic analysis platforms
  • Expansion of direct-to-consumer genetic testing services
  • Integration of genomics in precision agriculture solutions

By 2035, the genomics market is expected to achieve substantial growth and innovation.

Market Segmentation

US Genomics Market End Use Outlook

  • Hospitals
  • Diagnostic Laboratories
  • Research Institutes
  • Pharmaceutical Companies

US Genomics Market Technology Outlook

  • Sequencing
  • Microarray
  • PCR
  • CRISPR

US Genomics Market Application Outlook

  • Drug Discovery
  • Clinical Diagnostics
  • Personalized Medicine
  • Genetic Testing

Report Scope

MARKET SIZE 2024 16.5(USD Billion)
MARKET SIZE 2025 18.66(USD Billion)
MARKET SIZE 2035 63.9(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 13.1% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Illumina (US), Thermo Fisher Scientific (US), Roche (CH), Agilent Technologies (US), BGI Genomics (CN), Qiagen (DE), PerkinElmer (US), Eurofins Scientific (LU)
Segments Covered Application, Technology, End Use
Key Market Opportunities Advancements in personalized medicine drive growth in the genomics market.
Key Market Dynamics Technological advancements drive innovation and competition in the genomics market, reshaping research and clinical applications.
Countries Covered US

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FAQs

What is the expected market size of the US Genomics Market in 2024?

The US Genomics Market is anticipated to reach a value of 13.5 billion USD in 2024.

What will be the market size of the US Genomics Market by 2035?

By 2035, the US Genomics Market is expected to grow to a valuation of 32.4 billion USD.

What is the expected compound annual growth rate (CAGR) for the US Genomics Market from 2025 to 2035?

The US Genomics Market is projected to have a CAGR of 8.284 percent during the forecast period from 2025 to 2035.

Which application holds the largest share in the US Genomics Market in 2024?

In 2024, the largest application segment in the US Genomics Market is Clinical Diagnostics, valued at 4.2 billion USD.

What will be the market value of Drug Discovery in the US Genomics Market by 2035?

The Drug Discovery segment is expected to reach 9.2 billion USD in the US Genomics Market by 2035.

Who are the key players in the US Genomics Market?

Some major players in the US Genomics Market include Illumina, Exact Sciences, Bristol Myers Squibb, and BioRad Laboratories.

What is the market size for Personalized Medicine in 2024?

Personalized Medicine is valued at 3.0 billion USD in 2024 within the US Genomics Market.

What growth opportunities exist in the US Genomics Market?

There are significant growth opportunities in personalized medicine and genetic testing applications in the US Genomics Market.

What is the projected value of Genetic Testing in the US Genomics Market by 2035?

Genetic Testing is projected to reach a value of 5.9 billion USD by 2035 in the US Genomics Market.

What challenges might affect the growth of the US Genomics Market?

Regulatory challenges and high costs of genomic technologies could impact the growth of the US Genomics Market.

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