Genomics Services Market Report 2026

Genomics Services Market Overview

• Genomics Services market size has reached to $18.29 billion in 2025 • Expected to grow to $37.78 billion in 2030 at a compound annual growth rate (CAGR) of 15% • Growth Driver: Gene Therapy Demand Drives Growth In Genomics Services Market • Market Trend: Enhance Product Offerings With Advanced Long-Read Sequencing Services • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Genomics Services Market?

Genomics services involve analyzing an individual's genetic material to provide insights into their health, ancestry, and potential disease risks. These services often utilize advanced technologies such as deoxyribonucleic acid (DNA) sequencing to decode an individual's genome and offer personalized recommendations for healthcare and lifestyle choices based on genetic information. The main products of genomics services are instruments or systems or software, and consumables and reagents. Instruments are tools or devices designed for specific tasks or measurements, often in scientific or technical contexts. Systems are interconnected components or elements that work together to achieve a particular function or goal. Software refers to programs and instructions that enable computers and electronic devices to perform tasks, process data, or manage operations. The various services includes gene expression services (RNASeq), epigenomics services, genotyping, next-generation sequencing, sanger's sequencing, and others, which are used by several end-users, mainly research institutes, healthcare facilities and diagnostic centers, pharmaceutical and biotechnological companies, and contract research organizations (CROs).

What Is The Genomics Services Market Growth Forecast?

The genomics services market size is expected to see rapid growth in the next few years. It will grow to $37.78 billion in 2030 at a compound annual growth rate (CAGR) of 15.0%. The growth in the forecast period can be attributed to integration into routine clinical care, demand for preventive genomics, growth of companion diagnostics, digital health integration, expansion of genomics startups. Major trends in the forecast period include growing demand for sequencing and interpretation services, expansion of personalized genomic health services, increased outsourcing of genomic analysis, rising adoption of clinical genomics services, growth of population-scale genomics projects.

Global Genomics Services Market Segmentation

1) By Product: Instruments Or Systems Or Software, Consumables And Reagents 2) By Services Type: Gene Expression Services (RNASeq), Epigenomics Services, Genotyping, Next-Generation Sequencing, Sanger Sequencing, Other Service Types 3) By End-User: Research Institutes, Healthcare Facilities And Diagnostic Centers, Pharmaceutical And Biotechnological Companies, Contract Research Organizations (CROs), Other End Users Subsegments: 1) By Instruments Or Systems Or Software: Sequencing Instruments and Platforms, Bioinformatics and Genomic Data Analysis Software 2) By Consumables And Reagents: Library Preparation Kits and Sample Preparation Reagents, Sequencing Reagents and Flow Cells

What Is The Driver Of The Genomics Services Market?

The increasing demand for gene therapy is expected to propel the growth of the genomics services market going forward. Gene therapy is a medical strategy to treat or prevent diseases by addressing the fundamental genetic issue. Gene therapy provides targeted treatments for genetic disorders and chronic diseases by addressing the underlying genetic causes. Genomic services are used in gene therapy to target the correct tissue, quantify and characterize viral vectors, and understand the risk of shedding. For instance, in April 2024, according to U.S. The Food and Drug Administration (FDA), a US-based government regulatory agency, reported that over 80% of rare diseases have a known genetic basis. FDA has approved 22 gene therapy products, most of which are for rare disorders. Therefore, the increasing demand for gene therapy is driving the growth of the genomics services industry.

Key Players In The Global Genomics Services Market

Major companies operating in the genomics services market are Thermo Fisher Scientific Inc., Danaher Corporation, Laboratory Corporation of America Holdings, Quest Diagnostics Incorporated, Eurofins Scientific SE, Agilent Technologies Inc., Illumina Inc., PerkinElmer Inc., QIAGEN Inc., LGC Limited, Myriad Genetics Inc., Q2 Solutions Inc., BGI Genomics Inc., 10x Genomics Inc., Invitae Corporation, Fulgent Genetics Inc., 23andMe Inc., Oxford Nanopore Technologies plc, Color Genomics Inc., GENEWIZ Inc., Foundation Medicine Inc., Pacific Biosciences Inc., Avance Biosciences Inc., Macrogen Inc

Global Genomics Services Market Trends and Insights

Major companies operating in the genomics services market are focusing on expanding their product portfolio by adding advanced services such as advanced long-read sequencing services to meet the increasing demand for comprehensive genomic analysis and personalized medicine. Advanced long-read sequencing services involve cutting-edge technologies to analyze genetic material with more extended sequence reads, allowing for more thorough and accurate characterization of DNA and RNA. For instance, in April 2024, Clinical-Microbiomics A/S, a Denmark-based biotechnology company, launched advanced long-read sequencing services that include 16S, ITS, 18S rRNA, isolate, and metagenomics sequencing services. These services are tailored to meet the stringent requirements of academic, clinical, and industrial researchers, providing unparalleled resolution and quality in microbial analysis. The enhanced long-read sequencing capabilities, encompassing a wide range of sequencing options, aim to redefine microbial analysis and microbiome research standards. These advancements mark a significant step forward in microbiome research, providing researchers with detailed insights into microbial communities and facilitating groundbreaking discoveries in the field.

What Are Latest Mergers And Acquisitions In The Genomics Services Market?

In December 2023, The Bank of Nova Scotia., a Canada-based banking and financial services company, acquired Bio-Rad Laboratories for an undisclosed amount. With this acquisition, Bank of Nova Scotia aims to expand its portfolio by incorporating Bio-Rad Laboratories' expertise in providing genomics services. Bio-Rad Laboratories Inc. is a US-based company that offers genomics services.

Regional Outlook

North America was the largest region in the genomics services market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Genomics Services Market?

The genomics services market consists of revenues earned by entities by providing services such as experimental design consultation, library preparation, sequencing services, and data analysis. The market value includes the value of related goods sold by the service provider or included within the service offering. The genomics services market also includes sales of DNA sequencing kits, DNA sequencing platforms, bioinformatics tools, and sequencing platforms. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Genomics Services Market Report 2026?

The genomics services market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the genomics services industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.