all report title image

GLOBAL OPTICAL GENOME MAPPING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023-2030)

Global Optical Genome Mapping Market, By Product (Instruments, Consumables and Reagents, Software, Services), By Application (Structural Variant Detection, Genome Assembly, Microbial Strain Typing, Others), By End User (Biotechnology and Pharmaceutical Companies, Clinical Laboratories, Academic research institutes , Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published In : Jan 2024
  • Code : CMI6583
  • Pages :162
  • Formats :
      Excel and PDF
  • Industry : Biotechnology

Market Challenges And Opportunities

  • Genome mapping applications: Genome mapping applications have significantly boosted the global optical genome mapping market in recent years. Optical genome mapping provides a comprehensive overview of the structure and organization of genomes. It allows researchers to visualize entire genomes at a much higher resolution compared to traditional sequencing methods. This has enabled new discoveries in basic biology, disease research, and precision medicine. Optical genome mapping is being extensively used by pharmaceutical and biotechnology companies for preclinical drug development and clinical trial design. It helps in targeted therapy development by aiding in the identification of genetic variants associated with diseases.
  • Next-generation sequencing: Next-generation sequencing technologies are revolutionizing the field of genomics and enabling faster and more comprehensive analysis of genomes at reduced costs. For instance, the article titled "Optical Genome Mapping as a Next-Generation Cytogenomic Tool for Detection of Structural and Copy Number Variations for Prenatal Genomic Analyses" that appeared in Gene's journal in 2021 addresses that OGM-based assays are automated, low-cost, and have a short turnaround time (from sample to report in 4 days). They also do not require complex custom bioinformatic pipelines and are high-resolution in comparison to traditional methods.
  • Genetic disorder diagnosis: The diagnosis of genetic disorders is being revolutionized by optical genome mapping technology, driving significant growth of the global optical genome mapping market. Optical genome mapping provides a fast and comprehensive way to see the whole genome and identify chromosomal abnormalities, enabling more accurate diagnosis of conditions caused by structural variations. This is hugely important as structural variations like duplications and deletions that cannot be detected by traditional sequencing, underlie a wide range of genetic disorders.

Global Optical Genome Mapping Market- Opportunities

  • Genome mapping for cancer research: Genome mapping for cancer research presents a major opportunity in the global optical genome mapping As genome mapping allows a comprehensive analysis of the entire genome in one go, it is emerging as a powerful tool for cancer research. For instance, in August 2021, according to a study published in ScienceDirect journal, optical genome mapping resulted in a more complete assessment than any previous single test and most likely reported the most accurate underlying genomic architecture (e.g., for complex translocations, chromoanagenesis, and marker chromosomes). In conclusion, the excellent concordance of OGM with diagnostic standard assays demonstrates its potential to replace classical cytogenetic tests as well as to rapidly map novel leukemia drivers.
  • Advent of targeted therapeutics: The advent of targeted therapeutics can unlock immense opportunities in the global optical genome mapping market. Targeted therapeutics allows for the precise targeting of diseases at the genetic level. With optical genome mapping, one can gain a comprehensive understanding of a person's entire genome and epigenome at an unprecedented scale and resolution. This detailed genomic information paves the way for the development of innovative targeted therapeutics that can address diseases with much higher specificity and efficacy.
  • Integration with other omics technologies: Integration with other omics technologies offers immense opportunities for the optical genome mapping market. Optical genome mapping, when combined with technologies like genomics, epigenomics and transcriptomics, provides a more comprehensive understanding of the genome. This integrated approach allows researchers to study how genetic variations correlate with gene expressions and activities, leading to insights into disease mechanisms. Optical genome maps, by incorporating structural variations data, complement DNA or RNA sequence information. They can help resolve complex genomic regions that still remain ambiguous even after high-coverage sequencing.

Global Optical Genome Mapping Market - Restraints

  • High cost of instruments: The high cost of instruments used for optical genome mapping is one of the major factors restraining the growth of the global optical genome mapping market. Optical genome mapping involves the use of sophisticated laboratory equipment and instruments for mapping and analyzing genomes at a much larger scale. These instruments, such as DNA nicking and labeling instruments, DNA stretching system, DNA alignment and mapping systems, imaging systems, etc. are extremely expensive and cost upwards of hundreds of thousands of dollars. While this high-end technology provides highly accurate, detailed and efficient genome mapping unlike traditional methods, the steep capital investment required poses a significant challenge, especially for small to medium scale clinical laboratories and research institutes in developing nations.
  • Regulatory and ethical barriers: Regulatory and ethical barriers are imposing significant restraints on the growth of the global optical genome mapping market. Optical genome mapping being an advanced genomic technique involves handling highly sensitive genomic data. Various countries have stringent regulations around ethical and legal use of genomic data to protect patient privacy and prevent misuse. Complying with different regulatory frameworks across countries requires extensive validation and documentation which increases the cost and complexity for market players. Also, optical genome mapping is currently used majorly for research purposes involving human samples. Any non-consented use of human samples or genetic data for commercial applications is a serious ethical concern.

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

Customize Now
Logo

Credibility and Certifications

ESOMAR
DUNS Registered
Clutch
DMCA Protected

9001:2015

Credibility and Certifications

27001:2022

Credibility and Certifications

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo
© 2024 Coherent Market Insights Pvt Ltd. All Rights Reserved.