Agrigenomics Market Cultivating the Future: How Agrigenomics is Revolutionizing Agriculture – A Market Analysis In New Report

Agrigenomics Market Assessment worth $ 8.83 Billion by 2030 – Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. has released a market assessment report on the “Global Agrigenomics Market– by Sequencer Types (Sanger Sequencing, Illumina hi Seq Family, Pacbio Sequencers, Solid Sequencers, and Other Sequencer Types), Objectives (DNA Extraction & Purification, DNA/RNA Sequencing, Genotyping, Gene Expression Profiling, Marker-assisted Selection, GMO/Trait Purity Testing, and Other Objectives), Application (Crops and Livestock), Trends, Industry Competition Analysis, Revenue and Forecast To 2024-2031.”

Get a free sample copy of the report: www.insightaceanalytic.com/request-sample/1230

 

The AI/ML-Enabled Medical Device Market: A Promising Future

The AI/ML-enabled medical device market is expected to grow significantly, driven by advancements in medical device technology and increased investment in healthcare AI. AI-powered medical equipment plays a crucial role in improving diagnostic accuracy and workflow efficiency for healthcare professionals.

The COVID-19 pandemic has underscored the importance of AI-based solutions in healthcare. With ongoing research in AI-enabled medical devices and advancements in machine learning algorithms, we can anticipate more product launches, establishment of regional markets, and wider adoption of AI in various medical applications.

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• Separated market size and growth potential information for better readability.
• Replaced “epidemic’s increasing need for AI-based treatments” with the more general “need for AI-based solutions in healthcare” for improved clarity.
• Used stronger verbs to emphasize growth and future trends.
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The growth of the agrigenomics market is fueled by the increasing demand for organic food among the global population. The market expansion is driven by the rising preference for bioengineered foods with enhanced nutrients, faster growth in plants and animals, and increased financial support for agrigenomics initiatives. The demand for bioengineered crops known for their nutritional value, extended shelf life, resilience to climate change, and applications in medicine such as vaccine and drug development is also contributing to market growth. Additionally, factors like increased cultivation of hybrid crops, growing demand for better crop quality, and expansion of the agricultural sector are beneficial for the agrigenomics market. Agrigenomics also plays a significant role in ensuring food security, nutritional quality, and food safety and authenticity, offering promising opportunities for market participants.

However, challenges such as inadequate infrastructure support and suboptimal interdisciplinary research approaches are expected to hinder market growth. Public perceptions and legal barriers related to genome editing in agriculture may pose obstacles to the agrigenomics industry’s development in the forecast period.

North America is projected to be a major contributor to the Agrigenomics market due to its strong agrigenomics research and development, technological innovation, and increasing mergers and acquisitions in the region. The U.S. leads in sequencing and molecular breeding advancements applied in various areas like food & agriculture, animal health, and public health.

North American countries produce significant amounts of genetically modified crops like corn, soybean, canola, and beet crops each year. Moreover, the Asia Pacific region is expected to witness substantial growth in the Agrigenomics market, fueled by government support for research and development and the demand for enhanced crops and livestock.

Key players in the Agrigenomics market include Eurofins Scientific (Luxembourg), LGC Limited (UK), Illumina, Inc. (US), Zoetis Inc. (US), Agilent Technologies, Inc. (US), Thermo Fisher Scientific Inc. (US), and other prominent players.

Recent collaborations and agreements in the market:

• In November 2020, LGC added the SCIEX TripleTOF 6600 LC-MS/MS System to their regulated bioanalytical LC-MS service.
• In November 2019, Thermo Fisher introduced a fully integrated next-generation sequencing platform with an automated sample-to-report workflow that delivers results in just one day.

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Market Segments

Global Agrigenomics Market, by Sequencer Type, 2022-2030 (Value US$ Mn)

• Sanger sequencing
• Illumina hi seq family
• Pacbio sequencers
• Solid sequencers
• Other sequencer types

Global Agrigenomics Market, by Application, 2022-2030 (Value US$ Mn)

Global Agrigenomics Market, by Objective, 2022-2030 (Value US$ Mn)

• DNA extraction & purification
• DNA/RNA sequencing
• Genotyping
• Gene expression profiling
• Marker-assisted selection
• GMO/trait purity testing
• Other objectives

Global Agrigenomics Market, by Region, 2022-2030 (Value US$ Mn)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Agrigenomics Market, by Country, 2022-2030 (Value US$ Mn)

Europe Agrigenomics Market, by Country, 2022-2030 (Value US$ Mn)

• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Agrigenomics Market, by Country, 2022-2030 (Value US$ Mn)

• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Agrigenomics Market, by Country, 2022-2030 (Value US$ Mn)

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Agrigenomics Market, by Country, 2022-2030 (Value US$ Mn)

• GCC Countries
• South Africa
• Rest of Middle East & Africa

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