The global Blockchain in Genomics Market is forecasted to be worth USD 1,258.3 Million by 2027, according to a current analysis by Emergen Research. Due to the growing demand for data protection for distinctive genomic data, the global blockchain in the genomics market is anticipated to expand exponentially. In addition, increased adoption of genetic information in the medical practice is anticipated to further drive market growth over the forecasted timeframe. Moreover, private entities and venture capitalists' rising funding is anticipated to augment the market growth shortly.
The Global Blockchain in Genomics Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Blockchain in Genomics Market studies the market scenario to offer growth projections for the Blockchain in Genomics Market industry for the forecast period of 2020-2027. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.
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Key participants include GenoBank.io Inc, Nebula Genomics, Inc., SimplyVital Health, Inc., Zenome.io Ltd., LunaDNA, LLC, Encrypgen Incorporated, Digital DNAtix Ltd, Longenesis Ltd, WuXi Nextcode Genomics, and Shivom Ventures Limited, among others.
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
Covid 19 impact analysis:
The current COVID-19 pandemic is expected to have an effect on the growth of the Blockchain in Genomics Market majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry.
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Emergen Research has segmented the global Blockchain in Genomics Market on the basis of service, business model, application, end-use, and region:
Service Outlook (Revenue, USD Million; 2017-2027)
- Utility
- Platforms
Business Model Outlook (Revenue, USD Million; 2017-2027)
- Business to Customer (B2C)
- Business to Business (B2B)
- Customer to Business (C2B)
Application Outlook (Revenue, USD Million; 2017-2027)
- Data Storage Security
- Data Sharing and Monetization
- Automated Health Insurance
End-Use Outlook (Revenue, USD Million; 2017-2027)
- Hospitals
- Pharmaceutical and Biotechnology
- Research Institutes
Key regions in the market include:
North America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin America
Chile
Brazil
Argentina
Rest of Latin America
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Key questions addressed in the report:
Which regional market offers the most attractive growth opportunities to the companies operating in this market?
How is the raw material availability affecting the demand for Blockchain in Genomics Market in this industry vertical?
Who are the leading players dominating the global Blockchain in Genomics Market Market?
Which factors could potentially hamper the global market growth during the forecast period?
Key Benefits of the Report:
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Extensive assessment of current and emerging trends of the market
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Blockchain in Genomics Market
Detailed regional analysis and extensive company profiling
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