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Pharmacogenomics Technology Market Forecasts to 2032 – Global Analysis By Product & Service (Instruments, Reagents & Kits, Software, Services and Consumables), Technology, Application, End User and By Geography

Published Nov 04, 2025
Length 200 Pages
SKU # SMR20514774

Description

According to Stratistics MRC, the Global Pharmacogenomics Technology Market is accounted for $8.4 billion in 2025 and is expected to reach $16.4 billion by 2032 growing at a CAGR of 10.1% during the forecast period. Pharmacogenomics technology is the study and application of how an individual’s genetic makeup influences their response to drugs. By analyzing variations in genes that affect drug metabolism, efficacy, and safety, this technology enables the development of personalized medicine strategies tailored to each patient. It integrates genomics, bioinformatics, and molecular biology to predict drug response, minimize adverse effects, and optimize therapeutic outcomes. Pharmacogenomics technology is widely used in drug discovery, clinical trials, and patient care, guiding dosage adjustments and drug selection. Its implementation aims to enhance treatment effectiveness, reduce healthcare costs, and advance precision medicine.

According to a World Health Organization (WHO) report published in May 2023, chronic diseases such as cardiovascular diseases, diabetes, cancer, and respiratory illnesses are expected to cause 86% of all deaths globally, representing a 90% increase since 2019.

Market Dynamics:

Driver:

Rising demand for personalized medicine

Physicians and researchers are leveraging genetic insights to tailor drug selection dosage and treatment plans for individual patients. Platforms support genotyping sequencing and biomarker analysis across oncology cardiology psychiatry and infectious diseases. Integration with electronic health records and clinical decision support tools enhances precision and workflow efficiency. Demand for predictive and patient-specific diagnostics is rising across hospital networks academic centers and biopharma pipelines. These dynamics are propelling platform deployment across personalized medicine ecosystems.

Restraint:

Limited clinical implementation

Despite strong research validation many healthcare systems lack infrastructure training and incentives to integrate genetic testing into routine care. Physicians face challenges in interpreting results and aligning them with formulary guidelines and clinical protocols. Payers remain hesitant to cover tests without clear cost-benefit evidence or long-term outcomes data. Regulatory ambiguity and fragmented adoption further delay clinical integration and stakeholder alignment. These constraints continue to hinder platform maturity and mainstream deployment across healthcare systems.

Opportunity:

Increased research and development activities

Government’s academic institutions and biopharma firms are investing in population-scale studies drug response modeling and biomarker discovery. Platforms support high-throughput sequencing machine learning and multi-omics integration to enhance predictive accuracy and therapeutic relevance. Demand for scalable and interoperable tools is rising across clinical trials drug development and translational research. Partnerships between diagnostics firms and pharmaceutical companies are accelerating co-development and regulatory alignment. These trends are fostering growth across research-driven and innovation-centric pharmacogenomics platforms.

Threat:

Underrepresentation of diverse populations

Most datasets and algorithms are biased toward populations of European ancestry limiting generalizability and therapeutic efficacy. Minority groups face barriers in access participation and trust across genetic research and testing programs. Lack of inclusive data hampers biomarker discovery dosage optimization and adverse event prediction across global populations. Regulatory bodies and advocacy groups are calling for diversity mandates and ethical frameworks to address these gaps. These limitations continue to constrain platform performance and equitable adoption across pharmacogenomics ecosystems.

Covid-19 Impact:

The pandemic disrupted clinical trials diagnostics and supply chains across pharmacogenomics technologies. Lockdowns and resource reallocation delayed sample collection assay development and regulatory review. However interest in personalized medicine surged as researchers explored genetic factors in drug response vaccine efficacy and disease severity. Investment in remote testing digital health and population genomics accelerated platform innovation and accessibility. Public awareness of genetic testing and precision medicine increased across consumer and clinical segments. These shifts are reinforcing long-term investment in pharmacogenomics infrastructure and translational research.

The reagents & kits segment is expected to be the largest during the forecast period

The reagents & kits segment is expected to account for the largest market share during the forecast period due to their foundational role in enabling genotyping sequencing and biomarker analysis across pharmacogenomics workflows. Platforms offer standardized and scalable solutions for DNA extraction PCR amplification and variant detection across clinical and research settings. Integration with automation instruments and bioinformatics pipelines enhances throughput accuracy and reproducibility. Demand for validated and regulatory-grade reagents is rising across hospital labs academic centers and biopharma trials. Vendors offer disease-specific panels companion diagnostics and modular kits tailored to therapeutic areas.

The biopharmaceutical companies segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the biopharmaceutical companies segment is predicted to witness the highest growth rate as firms integrate pharmacogenomics into drug discovery clinical trials and regulatory submissions. Platforms support patient stratification dose optimization and adverse event prediction across preclinical and clinical phases. Integration with real-world data AI engines and regulatory frameworks enhances trial design and therapeutic targeting. Demand for precision-driven and biomarker-aligned development is rising across oncology immunology and CNS pipelines. These dynamics are accelerating growth across biopharma-led pharmacogenomics technology adoption.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share due to its advanced research infrastructure regulatory engagement and clinical adoption across pharmacogenomics technologies. Enterprises and academic institutions deploy platforms across oncology psychiatry and infectious disease programs with integrated sequencing and decision support tools. Investment in population genomics reimbursement frameworks and digital health integration supports scalability and accessibility. Presence of leading diagnostics firms biopharma companies and regulatory bodies drives innovation and standardization. Firms align platform strategies with FDA guidance NIH funding and payer engagement.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR as healthcare modernization genomic medicine and biopharma investment converge across regional economies. Countries like China India Japan and South Korea scale pharmacogenomics platforms across public health academic research and clinical diagnostics. Government-backed initiatives support infrastructure development startup incubation and international collaboration across personalized medicine. Local firms offer cost-effective and regionally adapted solutions tailored to disease profiles and compliance needs. Demand for scalable and culturally aligned pharmacogenomics platforms is rising across oncology infectious diseases and chronic conditions. These trends are accelerating regional growth across pharmacogenomics innovation and deployment.

Key players in the market

Some of the key players in Pharmacogenomics Technology Market include F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Illumina Inc., QIAGEN N.V., Agilent Technologies Inc., Bio-Rad Laboratories Inc., Myriad Genetics Inc., 23andMe Holding Co., GenScript Biotech Corporation, Eurofins Scientific SE, Beckman Coulter Inc., Becton, Dickinson and Company, PerkinElmer Inc., SomaLogic Inc. and Color Health Inc.

Key Developments:

In October 2025, Roche unveiled major advances in its Sequencing by Expansion (SBX) technology at the ASHG Conference. The platform enabled bulk RNA sequencing, methylation mapping, and spatial multiomics, unlocking pharmacogenomic insights previously inaccessible with short-read platforms. Roche’s SBX system was used by Broad Clinical Labs to set a GUINNESS WORLD RECORD™ for fastest DNA sequencing in under four hours.

In February 2025, Illumina unveiled its multiomics roadmap, expanding into spatial transcriptomics, single-cell analysis, CRISPR screening, and methylation profiling. These technologies were built on Illumina’s core sequencing platforms and supported pharmacogenomic applications in drug response prediction and biomarker discovery. The launch positioned Illumina as a leader in integrated omics for precision medicine.

Product & Services Covered:
• Instruments
• Reagents & Kits
• Software
• Services
• Consumables

Technologies Covered:
• Polymerase Chain Reaction (PCR)
• DNA Sequencing
• Microarray
• Mass Spectrometry
• Electrophoresis
• In-Situ Hybridization
• Bioinformatics & AI Platforms
• Sample Preparation & Extraction Technologies
• Other Technologies

Applications Covered:
• Oncology
• Infectious Diseases
• Cardiovascular Diseases
• Neurological Disorders
• Psychiatry
• Pain Management
• Other Applications

End Users Covered:
• Hospitals & Clinics
• Academic & Research Institutes
• Diagnostic Laboratories
• Biopharmaceutical Companies
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Table of Contents

200 Pages
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 Application Analysis
3.9 End User Analysis
3.10 Emerging Markets
3.11 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Pharmacogenomics Technology Market, By Product & Service
5.1 Introduction
5.2 Instruments
5.3 Reagents & Kits
5.4 Software
5.5 Services
5.6 Consumables
6 Global Pharmacogenomics Technology Market, By Technology
6.1 Introduction
6.2 Polymerase Chain Reaction (PCR)
6.3 DNA Sequencing
6.4 Microarray
6.5 Mass Spectrometry
6.6 Electrophoresis
6.7 In-Situ Hybridization
6.8 Bioinformatics & AI Platforms
6.9 Sample Preparation & Extraction Technologies
6.10 Other Technologies
7 Global Pharmacogenomics Technology Market, By Application
7.1 Introduction
7.2 Oncology
7.3 Infectious Diseases
7.4 Cardiovascular Diseases
7.5 Neurological Disorders
7.6 Psychiatry
7.7 Pain Management
7.8 Other Applications
8 Global Pharmacogenomics Technology Market, By End User
8.1 Introduction
8.2 Hospitals & Clinics
8.3 Academic & Research Institutes
8.4 Diagnostic Laboratories
8.5 Biopharmaceutical Companies
8.6 Other End Users
9 Global Pharmacogenomics Technology Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 F. Hoffmann-La Roche Ltd.
11.2 Thermo Fisher Scientific Inc.
11.3 Illumina Inc.
11.4 QIAGEN N.V.
11.5 Agilent Technologies Inc.
11.6 Bio-Rad Laboratories Inc.
11.7 Myriad Genetics Inc.
11.8 23andMe Holding Co.
11.9 GenScript Biotech Corporation
11.10 Eurofins Scientific SE
11.11 Beckman Coulter Inc.
11.12 Becton, Dickinson and Company
11.13 PerkinElmer Inc.
11.14 SomaLogic Inc.
11.15 Color Health Inc.
List of Tables
Table 1 Global Pharmacogenomics Technology Market Outlook, By Region (2024-2032) ($MN)
Table 2 Global Pharmacogenomics Technology Market Outlook, By Product & Service (2024-2032) ($MN)
Table 3 Global Pharmacogenomics Technology Market Outlook, By Instruments (2024-2032) ($MN)
Table 4 Global Pharmacogenomics Technology Market Outlook, By Reagents & Kits (2024-2032) ($MN)
Table 5 Global Pharmacogenomics Technology Market Outlook, By Software (2024-2032) ($MN)
Table 6 Global Pharmacogenomics Technology Market Outlook, By Services (2024-2032) ($MN)
Table 7 Global Pharmacogenomics Technology Market Outlook, By Consumables (2024-2032) ($MN)
Table 8 Global Pharmacogenomics Technology Market Outlook, By Technology (2024-2032) ($MN)
Table 9 Global Pharmacogenomics Technology Market Outlook, By Polymerase Chain Reaction (PCR) (2024-2032) ($MN)
Table 10 Global Pharmacogenomics Technology Market Outlook, By DNA Sequencing (2024-2032) ($MN)
Table 11 Global Pharmacogenomics Technology Market Outlook, By Microarray (2024-2032) ($MN)
Table 12 Global Pharmacogenomics Technology Market Outlook, By Mass Spectrometry (2024-2032) ($MN)
Table 13 Global Pharmacogenomics Technology Market Outlook, By Electrophoresis (2024-2032) ($MN)
Table 14 Global Pharmacogenomics Technology Market Outlook, By In-Situ Hybridization (2024-2032) ($MN)
Table 15 Global Pharmacogenomics Technology Market Outlook, By Bioinformatics & AI Platforms (2024-2032) ($MN)
Table 16 Global Pharmacogenomics Technology Market Outlook, By Sample Preparation & Extraction Technologies (2024-2032) ($MN)
Table 17 Global Pharmacogenomics Technology Market Outlook, By Other Technologies (2024-2032) ($MN)
Table 18 Global Pharmacogenomics Technology Market Outlook, By Application (2024-2032) ($MN)
Table 19 Global Pharmacogenomics Technology Market Outlook, By Oncology (2024-2032) ($MN)
Table 20 Global Pharmacogenomics Technology Market Outlook, By Infectious Diseases (2024-2032) ($MN)
Table 21 Global Pharmacogenomics Technology Market Outlook, By Cardiovascular Diseases (2024-2032) ($MN)
Table 22 Global Pharmacogenomics Technology Market Outlook, By Neurological Disorders (2024-2032) ($MN)
Table 23 Global Pharmacogenomics Technology Market Outlook, By Psychiatry (2024-2032) ($MN)
Table 24 Global Pharmacogenomics Technology Market Outlook, By Pain Management (2024-2032) ($MN)
Table 25 Global Pharmacogenomics Technology Market Outlook, By Other Applications (2024-2032) ($MN)
Table 26 Global Pharmacogenomics Technology Market Outlook, By End User (2024-2032) ($MN)
Table 27 Global Pharmacogenomics Technology Market Outlook, By Hospitals & Clinics (2024-2032) ($MN)
Table 28 Global Pharmacogenomics Technology Market Outlook, By Academic & Research Institutes (2024-2032) ($MN)
Table 29 Global Pharmacogenomics Technology Market Outlook, By Diagnostic Laboratories (2024-2032) ($MN)
Table 30 Global Pharmacogenomics Technology Market Outlook, By Biopharmaceutical Companies (2024-2032) ($MN)
Table 31 Global Pharmacogenomics Technology Market Outlook, By Other End Users (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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