Digital Genome Market Will Generate New Growth Opportunities By 2025

Press Release

Digital genome is anticipated to be one of the rapidly emerging technologies in the next few years. Digital genome is the complete set of genes available in digital format which helps to understand the genes and their biological functions. Genes are the genetic material present in a cell. Many of the global intractable health challenges such as heart diseases, cancer, and disorders have a genetic component. With digitization of the genome, researchers will be able to make critical decisions about patient treatment as they know overall genetic make-up of the disease condition. In simple words, digital genome allows scientists to convert large volume of data into simple products which helps them to solve medical problems. For instance, the discovery of polymerase chain reaction (PCR) empowered researchers to characterize genome at genetic levels. Branch digital genome has also helped researchers to review genome analysis in detail.

Obtain Report Details @

The global digital genome market is driven by increase in chronic diseases, global rise in geriatric population, demand for accuracy in diagnosis and treatment of diseases using digital genome techniques and applications, increased research in genomics, and rise in funding related to digitalization. On February 8, 2016, the National Human Genome Research Institute proposed its novel initiative named Genes, Environment, and Health Initiative (GEI). The aim of this project is to assist the research and development related to better understanding of the genetic contribution and their role in the development of diseases. Funding by government agencies is one of the major drivers of the global digital genome market. For example, the Genomics R&D Initiative (GRDI) based in Canada cooperates with other federal science departments and agencies in the development of genomic research. On the other hand, high costs related with the use of digital genome techniques and products, less awareness about digital genome in developing economies, and side effects related to use of new product are factors anticipated to hamper market growth.

Enquiry for Discount on this Report @

The global digital genome market can be segmented based on component type, application, and end-user. Components are segmented into hardware, software, and services. The services and software segments are projected to dominate the digital genome market. In terms of application, the global digital genome market can be segmented into drug discovery, diagnosis, personalized medicine, academic research, and others. The diagnosis and drug discovery segments are anticipated to capture major market shares in the next few years. Based on end-user, the global digital genome market can be segmented into biotechnology and pharmaceutical companies, forensic companies, academic and research institutes, and others.

Request Report Brochure @

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: [email protected]