Market Overview
The global omics lab services market, valued at USD 69.93 billion in 2022, is poised for significant expansion, with a projected compound annual growth rate (CAGR) of 13.4% over the forecast period. Omics, which refers to the fields of genomics, proteomics, metabolomics, and other related biological areas, has emerged as a crucial pillar in advancing life sciences and precision medicine. Omics lab services encompass a variety of specialized laboratory services that enable high-throughput analysis of genes, proteins, metabolites, and other biological molecules, which are essential for various research and clinical applications. As technology and scientific research continue to advance, the demand for these services is expected to rise rapidly, supported by breakthroughs in genomics, personalized medicine, and biotechnology.
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