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Pharmacogenomics Market - By Offering, By Technology, By Application, By Disease Area, By End Use - Global Forecast, 2025 - 2034
Report ID: GMI9535
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Published Date: October 2025
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Report Format: PDF
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Authors: Mariam Faizullabhoy, Gauri Wani
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Base Year: 2024
Companies covered: 19
Tables & Figures: 200
Countries covered: 19
Pages: 136
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Pharmacogenomics Market
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Pharmacogenomics Market Size
The global pharmacogenomics market was estimated at USD 6.6 billion in 2024. The market is expected to grow from USD 7.3 billion in 2025 to USD 17.7 billion in 2034, at a CAGR of 10.4%, according to the latest report published by Global Market Insights Inc. The market growth is driven by the increasing demand for precision medicine along with advancements in various genomic technologies are the primary reasons to stimulate the market.
The increasing requirement for safer and more effective therapies along with individual genetic profiles is encouraging healthcare systems to utilise pharmacogenomic testing in clinical and research settings. Moreover, the expansion of precision medicine programs and integration of genomic data for treatment decisions are driving the adoption of pharmacogenomics solutions.
The high burden of chronic diseases, including conditions such as cancer, cardiovascular diseases, infectious diseases and others are becoming more prevalent globally. For instance, WHO mentions over 20 million new cancer cases were reported worldwide in 2022, and according to NIH, 537 million adults were experiencing diabetes in the age group of 20 to 79 years. These trends are pushing healthcare systems to adopt pharmacogenomic testing to improve treatment outcomes and reduce adverse drug reactions. Additionally, the shift toward precision medicine and the integration of genomic data into clinical decision-making are accelerating the adoption of pharmacogenomics solutions.
Pharmacogenomics is defined as the study of how an individual's genetic makeup influences their response to drugs, aiming to optimize drug efficacy and minimize adverse effects. It combines pharmacology and genomics to tailor treatments based on genetic variations, supporting personalized medicine by predicting drug responses and guiding dosage decisions.
The pharmacogenomics market grew from USD 5 billion in 2021 to USD 6 billion by 2023, registering a CAGR of 10% during this period. This growth was driven by the increasing demand for targeted therapies, rising awareness about adverse drug reactions, and the integration of pharmacogenomic testing into routine clinical care.
Pharmacogenomics solutions include sequencing kits, PCR technologies and reagents, microarray platforms, and genotyping services, which are administered across hospitals, academic institutions, pharmaceutical companies, and contract research organizations. Top players in the market include Thermo Fisher Scientific, Illumina, Qiagen, and F. Hoffmann-La Roche Ltd, who offer a wide range of products and services supporting pharmacogenomic testing and analysis. These companies are investing in AI-powered biomarker platforms, companion diagnostics, and bioinformatics tools to expand the eligible patient pool and improve treatment outcomes.
The presence of actionable genetic mutations such as CYP2D6, CYP2C19, TPMT, and SLCO1B1 is stimulating demand for targeted therapies and pharmacogenomic panels. These tools are increasingly used in oncology, psychiatry, cardiology, and infectious disease management, contributing to long-term health improvements. Novel platforms for rare variants and drug resistance cases are expanding treatment options and improving prognosis.
Moreover, the integration of digital health records, AI-driven clinical decision support systems, and real-world evidence platforms is transforming pharmacogenomics care delivery. Government initiatives and public-private partnerships focused on expanding access to molecular testing and personalized therapies are further supporting market expansion. The growing prevalence of comorbid conditions such as diabetes, mental health disorders, and infectious diseases also contributes to the rising demand for comprehensive pharmacogenomic solutions.
~16.2% market share
Collective market share in 2024 is ~48%
Pharmacogenomics Market Trends
Pharmacogenomics Market Analysis
Based on offering, the pharmacogenomics market is categorized into products and services. The products segment accounted for 67.1% of the market in 2024 which is driven by the rising demand for genetic testing kits, reagents, and instruments that support personalized therapy decisions across multiple disease areas. The segment is expected to exceed USD 11.7 billion by 2034, growing at a CAGR of 10.3% during the forecast period.
Based on technology, the pharmacogenomics market is segmented into sequencing, PCR, microarray and other technologies. The sequencing segment dominated the market in 2024 with a market share of 43.5% driven due to its unmatched capability in identifying genetic variations that influence drug response.
Based on application, the pharmacogenomics market is segmented into personalized medicine, clinical research, drug discovery and preclinical development, and other applications. The personalized medicine segment dominated the market in 2024 with USD 2.6 billion market size, driven by the transformative impact on tailoring treatments to individual genetic profiles.
Based on disease area, the pharmacogenomics market is segmented into oncology, cardiovascular diseases, neurological diseases, infectious diseases, mental health and other disease areas. The oncology segment dominated the market in 2024 with a growing CAGR of 10.7%, the segment domination is stimulated by the high prevalence of cancer and the critical role of genetic profiling in oncology care.
Based on end use, the pharmacogenomics market is categorized into hospitals and clinics, academic and research institutions, pharmaceutical and biotechnology companies, contract research organization (CROs) and other end users. The hospitals and clinics segment is anticipated to reach USD 6.6 billion by 2034, growing with a significant CAGR of 10.2% during the analysis period, driven the increasing integration of genetic testing into routine clinical care.
North America Pharmacogenomics Market
The North America market dominated the market with a market share of 48.6% in 2024. The market is stimulated by the rising prevalence of chronic diseases, increasing adoption of precision medicine, and growing integration of genomic testing into clinical workflows.
The U.S. pharmacogenomics market was valued at USD 2.2 billion and USD 2.4 billion in 2021 and 2022, respectively. The market size reached USD 2.9 billion in 2024, growing from USD 2.7 billion in 2023.
Europe Pharmacogenomics Market
Europe market accounted for USD 1.8 billion in 2024 and is anticipated to show lucrative growth over the forecast period.
Germany pharmacogenomics market is anticipated to witness considerable growth over the analysis period.
Asia Pacific Pharmacogenomics Market
The Asia Pacific market is anticipated to grow at the highest CAGR of 10.8% during the analysis timeframe.
China pharmacogenomics market is predicted to grow significantly over the forecast period.
Latin America Pharmacogenomics Market
Brazil is experiencing significant growth in the Latin America market due to the increasing demand for skin treatment solutions and long-term care.
Middle East and Africa Pharmacogenomics Market
Saudi Arabia market is poised to witness substantial growth in Middle East and Africa market during the forecast period.
Pharmacogenomics Market Share
Leading companies such as Thermo Fisher Scientific., Illumina, F. Hoffmann-La Roche, QIAGEN, and Agilent Technologies collectively hold approximately 48% of the global market share. These firms maintain dominance through expansive genomic portfolios, strategic clinical collaborations, regulatory expertise, and continuous innovation in sequencing, PCR, and microarray scanners and technologies.
Thermo Fisher Scientific holds a strong competitive advantage with its comprehensive pharmacogenomic solutions, including the PharmacoScan platform and NGS-based companion diagnostics, widely adopted across oncology, psychiatry, and cardiology.
Illumina supports global pharmacogenomics with high-throughput sequencing platforms and targeted gene panels, enabling precision diagnostics and biomarker-driven therapies across clinical and research settings.
F. Hoffmann-La Roche strengthens its position through integrated diagnostics and personalized medicine programs, offering sequencing technologies and companion diagnostics that align with targeted drug development.
QIAGEN has gained market traction with its QIAseq panels and PCR-based genotyping kits, supporting clinical decision-making and expanding its reach in hospital and academic genomics programs.
Agilent Technologies leads in microarray and PCR reagent innovation, offering robust platforms for gene expression analysis and pharmacogenomic profiling, backed by strong research collaborations.
New entrants and niche players such as Admera Health, OneOme, Genomind, and Genelex are disrupting the market with focused pharmacogenomic panels and AI-powered interpretation tools. Their emphasis on mental health, cardiovascular risk, and consumer genomics positions them as agile competitors in the evolving landscape of personalized medicine. Meanwhile, companies such as 23andMe and Revvity contribute to broader pharmacogenomics categories, supporting expanded access and awareness through direct-to-consumer and clinical channels.
Pharmacogenomics Market Companies
Few prominent players operating in the pharmacogenomics industry includes:
Thermo Fisher leads the pharmacogenomics market with an estimated share of approximately 16.2%, offering a comprehensive portfolio. The company’s strength lies in its integration of sequencing, microarray, and bioinformatics tools, enabling precision diagnostics across oncology, cardiology, and psychiatry. Its global reach, clinical partnerships, and regulatory expertise reinforce its leadership in personalized medicine.
Illumina maintains a strong position through its high-throughput sequencing platforms such as NovaSeq and MiSeq, widely used in pharmacogenomic testing and biomarker discovery. The company’s focus on innovation in library prep kits and companion diagnostics supports its presence in both clinical and research settings. Illumina’s strategic collaborations and data-driven approach continue to expand its influence in precision healthcare.
QIAGEN competes with targeted DNA panels, PCR kits, and integrated bioinformatics solutions like QIAGEN Clinical Insight, supporting genotype-guided therapy decisions. Its emphasis on scalable testing, regulatory compliance, and hospital-based adoption positions it as a key player in clinical pharmacogenomics. QIAGEN’s expanding portfolio and partnerships with pharmaceutical companies enhance its relevance in drug development and personalized care.
Pharmacogenomics Industry News
The pharmacogenomics market research report includes in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Billion from 2021 - 2034 for the following segments:
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Market, By Offerings
Market, By Technology
Market, By Application
Market, By Disease Area
Market, By End Use
The above information is provided for the following regions and countries: