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The global optical genome mapping market size is anticipated to grow at a CAGR of 19.7% during the forecast period of 2024-2032, driven by the increasing accessibility and affordability of technology in the field across the globe.
Optical genome mapping is an innovative technology which enables the comprehensive analysis and mapping of the entire genome of an organism. Optical genome mapping (OGM) images extra-long linear, and single DNA molecules (median size > 250 kb) that are labeled at certain locations. This tedious technique has been updated by Bionano Genomics and is now popular as “optical mapping for structural variation analysis by whole-genome mapping.
Optical genome mapping allows researchers and scientists to study genetic differences, structural rearrangements, and other genomic alterations with high accuracy and resolution. Optical genome mapping provides valuable insights into genomic disorders, cancer research, personalized medicine, and other fields of genomics.
The continuous advancements in technology is leading to improved efficiency, accuracy, and scalability of the optical genome mapping platforms, resulting in optical genome mapping market growth. The development in optical genome mapping platforms has enabled faster and more cost-effective genome mapping, making it more accessible to researchers and clinicians. The increasing use of optical genome mapping platforms to detect and analyze genetic abnormalities related to several diseases and disorders is taking place. It provides a detailed view of the genome, allowing for the identification of structural differences.
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The rapid advancements in genomics research, increasing demand for personalized medicine, and the need for detailed genomic analysis are some of the key factors which are aiding the optical genome mapping market expansion. Optical genome mapping technologies have been revolutionizing the way studies were done in order to understand genome, providing high-resolution mapping of genomic versions and structural dislocations. These technologies have discovered uses in several areas, including clinical diagnostics, pharmaceutical research, and agriculture.
The market for optical genome mapping is expected to grow due to the increased accessibility and affordability of technology in the field. Growing advancements in equipment design, automation, and data analysis algorithms are making optical genome mapping platforms more user-friendly and efficient. Due to this factor, the integration of optical genome mapping platforms is done in research and clinical workflows in order to achieve faster and more accurate analysis of genomic data.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is anticipated to grow at a CAGR of 19.7% during the forecast period of 2024-2032, driven by the rising attempts by healthcare facilities to reduce their expenditures.
The growth of the market is driven by factors like the increasing demand for personalized medicine and the need for detailed genomic analysis.
The key trends for the market include the increasing use of optical genome mapping platforms to detect and analyze genetic abnormalities related to several diseases and disorders.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The different types of products in the market are consumables and instruments.
The product finds wide applications in genome assembly, structural variation detection, microbial strain typing, and haplotype phasing, among others.
The different types of end users in the optical genome market are research and academic institutions, biotechnology and pharmaceutical companies, and clinical laboratories, among others.
Key players involved in the market are Bionano Genomics, Inc., Nucleome Informatics Pvt Ltd, PerkinElmer, Inc., Nabsys Inc., Praxis Genomics LLC, OpGen, Inc., Thermo Fisher Scientific, Inc., Illumina, Inc., HemoCue Holding AB., and France Génomique.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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