Developer docs
API playgroundTry for free, no card

Search company profiles

Genomic Health

Full company profile

uuid0009mri

Namestring
Genomic Health
Legal namestring
Genomic Health
Company typeenum
Private
Founded yearint
2000
Descriptiontext

Genomic Health is a molecular diagnostics company that developed and commercialized the Oncotype DX portfolio of genomic-based diagnostic tests, addressing overtreatment and optimal treatment selection in early-stage cancer. Its core technology analyzes gene expression patterns in tumor tissue to generate recurrence risk and chemotherapy benefit scores, with the flagship Oncotype DX Breast Recurrence Score test analyzing early-stage HR+, HER2- breast cancer to predict adjuvant chemotherapy benefit. The portfolio was extended into ductal carcinoma in situ (Oncotype DX Breast DCIS Score) and colon cancer (Oncotype DX Colon Recurrence Score), and the franchise accumulated 22 years of clinical evidence anchored by landmark trials including TAILORx and RxPONDER, culminating in a Category 1A recommendation in NCCN Clinical Practice Guidelines and over 2 million patients tested globally.

The company's business model was a one-time per-test fee structure for genomic diagnostic testing services, sold through an enterprise field sales motion targeting healthcare providers and health systems. Oncotype DX tests were ordered by oncologists and performed in centralized laboratories, with reimbursement supported by guideline inclusion and evidence of approximately $10,000 in average lifetime healthcare savings per patient in the United States. Kim Popovits led the company as Chairman, CEO, and President, drawing on prior senior leadership experience at Genentech.

Genomic Health was acquired by Invitae for $4 billion, after which the Oncotype DX assets became part of Exact Sciences Corporation. Exact Sciences has subsequently been acquired by Abbott, integrating the Oncotype DX franchise into a broader global cancer diagnostics platform alongside products such as Cologuard, Oncodetect, and the Cancerguard multi-cancer early detection test.

Short descriptiontext

Genomic Health developed and commercialized the Oncotype DX portfolio of genomic diagnostic tests, guiding personalized cancer treatment decisions for breast, DCIS, and colon cancer patients. Acquired by Invitae for $4 billion; assets now under Abbott.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersRedwood City, United States
HQ citystring
Redwood City
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
genomic diagnostic tests, cancer recurrence testing, molecular diagnostic assays, precision oncology testing, tumor genomic profiling
Industry3 codes
1Oncology Diagnostics (tumor profiling, MRD, liquid biopsy)
CodeHLAAALAEPrimaryYes
2Breast Oncology
CodeHLAKAFAJPrimaryNo
3Genetic & Genomic Testing (germline, somatic, carrier, pharmacogenomics)
CodeHLAAALADPrimaryNo
NAICS code1 code
  • Medical Laboratories621511
SIC code2 codes
  • Services-Medical Laboratories8071
  • In Vitro & In Vivo Diagnostic Substances2835
Product category
Molecular Cancer Diagnostics
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Genomic diagnostic testing services
TypeOne Time License
Description

Genomic Health generates revenue through its proprietary Oncotype DX genomic tests that guide cancer treatment decisions. The tests are used by healthcare providers to determine appropriate treatment strategies for cancer patients.

marketresearchfuture.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 3 records shown
1Oncotype DX Breast Recurrence Score
Description

Genomic test that guides personalized treatment decisions for early-stage HR+, HER2- breast cancer. The only genomic assay proven to predict adjuvant chemotherapy benefit with Category 1A recommendation in NCCN Clinical Practice Guidelines. Has been used by over 2 million breast cancer patients worldwide.

morningstar.com
+2 more records
Core offering1 text field

Genomic Health develops and commercializes genomic-based diagnostic tests, led by the Oncotype DX portfolio, which analyze gene expression in tumor tissue to predict cancer recurrence risk and chemotherapy benefit. The flagship Oncotype DX Breast Recurrence Score test guides adjuvant chemotherapy decisions for early-stage HR+, HER2- breast cancer, with related tests covering DCIS breast cancer and colon cancer. Tests are ordered by healthcare providers and performed in certified laboratories to support personalized oncology treatment planning.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Over 2 million breast cancer patients tested worldwide
+2 more records
Product overview1 text field

Genomic Health (acquired by Invitae) specializes in genomic-based diagnostic tests that guide cancer treatment decisions, particularly through the Oncotype DX portfolio. The Oncotype DX tests analyze the activity of genes in tumor tissue to generate scores that predict cancer recurrence risk and chemotherapy benefit, enabling personalized treatment planning for breast and colon cancer patients.

Product and service3 records
1Oncotype DX Breast Recurrence Score Test
CategoryOncology genomic diagnostics
Description

A genomic test that analyzes gene expression patterns in tumor tissue to guide personalized adjuvant chemotherapy decisions for early-stage HR+, HER2- breast cancer patients, predicting chemotherapy benefit and recurrence risk. The only genomic assay proven to predict adjuvant chemotherapy benefit in breast cancer with Category 1A NCCN guideline endorsement, used by healthcare providers globally.

2Oncotype DX Breast DCIS Score Test
CategoryOncology genomic diagnostics
Description

A genomic assay for breast cancer that provides a recurrence risk score for patients with ductal carcinoma in situ (DCIS) to guide treatment decisions on adjuvant therapy, including radiation therapy planning.

3Oncotype DX Colon Recurrence Score Test
CategoryOncology genomic diagnostics
Description

A genomic test that analyzes tumor tissue to predict recurrence risk in stage II and stage III colon cancer patients, helping healthcare providers guide adjuvant chemotherapy treatment decisions.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Guardant Health is a leading liquid biopsy and oncology genomics company. While primarily focused on blood-based testing rather than tissue-based assays like Oncotype DX, it competes for oncology molecular testing budgets and physician mindshare.

TypeBroad incumbent
Description

Hologic is a women's health diagnostics company whose mammography and breast cancer screening/diagnostic portfolio overlaps with the breast oncology segment Genomic Health serves.

TypeDirect peer
Description

NeoGenomics provides oncology-focused clinical laboratory services including molecular and genetic testing for cancer, serving hospitals and oncologists with a portfolio that overlaps Genomic Health's tumor profiling work.

TypeEmerging player
Description

Natera provides cell-free DNA and molecular testing for oncology and reproductive health. Its Signatera MRD test competes in the broader oncology molecular testing market and for similar payer and provider relationships.

TypeEmerging player
Description

Caris Life Sciences offers MI Profile and other molecular profiling tests for cancer treatment selection. It is an emerging competitor in tumor genomic profiling with overlapping oncologist and payer customers.

TypeDirect peer
Description

Agendia develops MammaPrint and BluePrint genomic tests for breast cancer recurrence risk and treatment guidance, directly competing with Oncotype DX in the adjuvant chemotherapy decision market for early-stage HR+/HER2- breast cancer.

TypeDirect peer
Description

Myriad Genetics offers molecular diagnostic tests including BRCA testing and oncology assays, competing in the broader hereditary and somatic cancer testing market that Genomic Health serves with Oncotype DX.

TypeBroad incumbent
Description

Foundation Medicine, owned by Roche, provides comprehensive genomic profiling of solid tumors via FoundationOne. It is a broad incumbent in oncology molecular diagnostics competing for the same oncologist customers as Oncotype DX.

TypeDirect peer
Description

Veracyte is a genomic diagnostics company focused on oncology, offering tests for thyroid, prostate, breast, and lung cancer, with overlapping product positioning and customer base (oncologists and pathologists) to Genomic Health.

TypeBroad incumbent
Description

Exact Sciences, now part of Abbott, owns the Oncotype DX franchise following its acquisition and is the direct parent of Genomic Health's products, also offering Cologuard and Oncodetect in adjacent oncology diagnostics categories.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment5 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Genomic Health

Molecular Cancer Diagnosticsgenomichealth.com

Genomic Health developed and commercialized the Oncotype DX portfolio of genomic diagnostic tests, guiding personalized cancer treatment decisions for breast, DCIS, and colon cancer patients. Acquired by Invitae for $4 billion; assets now under Abbott.

What Genomic Health does

Genomic Health is a molecular diagnostics company that developed and commercialized the Oncotype DX portfolio of genomic-based diagnostic tests, addressing overtreatment and optimal treatment selection in early-stage cancer. Its core technology analyzes gene expression patterns in tumor tissue to generate recurrence risk and chemotherapy benefit scores, with the flagship Oncotype DX Breast Recurrence Score test analyzing early-stage HR+, HER2- breast cancer to predict adjuvant chemotherapy benefit. The portfolio was extended into ductal carcinoma in situ (Oncotype DX Breast DCIS Score) and colon cancer (Oncotype DX Colon Recurrence Score), and the franchise accumulated 22 years of clinical evidence anchored by landmark trials including TAILORx and RxPONDER, culminating in a Category 1A recommendation in NCCN Clinical Practice Guidelines and over 2 million patients tested globally.

The company's business model was a one-time per-test fee structure for genomic diagnostic testing services, sold through an enterprise field sales motion targeting healthcare providers and health systems. Oncotype DX tests were ordered by oncologists and performed in centralized laboratories, with reimbursement supported by guideline inclusion and evidence of approximately $10,000 in average lifetime healthcare savings per patient in the United States. Kim Popovits led the company as Chairman, CEO, and President, drawing on prior senior leadership experience at Genentech.

Genomic Health was acquired by Invitae for $4 billion, after which the Oncotype DX assets became part of Exact Sciences Corporation. Exact Sciences has subsequently been acquired by Abbott, integrating the Oncotype DX franchise into a broader global cancer diagnostics platform alongside products such as Cologuard, Oncodetect, and the Cancerguard multi-cancer early detection test.

Genomic Health firmographics

Firmographics
Name
Genomic Health
Legal name
Genomic Health
Website
https://genomichealth.com
Company type
Private
Founded year
2000
Operating status
Acquired
Headcount range
501–1,000 employees
Short description
Genomic Health developed and commercialized the Oncotype DX portfolio of genomic diagnostic tests, guiding personalized cancer treatment decisions for breast, DCIS, and colon cancer patients. Acquired by Invitae for $4 billion; assets now under Abbott.
Ownership category
akta.pro rank

Genomic Health industry classification

Industry
Product category
Molecular Cancer Diagnostics
NAICS
Medical Laboratories (621511)
SIC
Services-Medical Laboratories (8071), In Vitro & In Vivo Diagnostic Substances (2835)
akta.pro primary industry
Oncology Diagnostics (tumor profiling, MRD, liquid biopsy) (HLAAALAE)
akta.pro secondary industries
Breast Oncology (HLAKAFAJ), Genetic & Genomic Testing (germline, somatic, carrier, pharmacogenomics) (HLAAALAD)

Keywords

  • Genomic diagnostic tests
  • Cancer recurrence testing
  • Molecular diagnostic assays
  • Precision oncology testing
  • Tumor genomic profiling

Where Genomic Health is headquartered

Location

Headquarters

HQ city
Redwood City
HQ country
United States
HQ region
North America

Markets served

Genomic Health business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. Genomic diagnostic testing services: Genomic Health generates revenue through its proprietary Oncotype DX genomic tests that guide cancer treatment decisions. The tests are used by healthcare providers to determine appropriate treatment strategies for cancer patients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Genomic Health product offering

Product offering

Core offering

Genomic Health develops and commercializes genomic-based diagnostic tests, led by the Oncotype DX portfolio, which analyze gene expression in tumor tissue to predict cancer recurrence risk and chemotherapy benefit. The flagship Oncotype DX Breast Recurrence Score test guides adjuvant chemotherapy decisions for early-stage HR+, HER2- breast cancer, with related tests covering DCIS breast cancer and colon cancer. Tests are ordered by healthcare providers and performed in certified laboratories to support personalized oncology treatment planning.

Product overview

Genomic Health (acquired by Invitae) specializes in genomic-based diagnostic tests that guide cancer treatment decisions, particularly through the Oncotype DX portfolio. The Oncotype DX tests analyze the activity of genes in tumor tissue to generate scores that predict cancer recurrence risk and chemotherapy benefit, enabling personalized treatment planning for breast and colon cancer patients.

Differentiator

Problem solved

Functional benefit

Brands

  • Oncotype DX Breast Recurrence Score: Genomic test that guides personalized treatment decisions for early-stage HR+, HER2- breast cancer. The only genomic assay proven to predict adjuvant chemotherapy benefit with Category 1A recommendation in NCCN Clinical Practice Guidelines. Has been used by over 2 million breast cancer patients worldwide.
  • Oncotype DX Breast DCIS Score
  • Oncotype DX Colon Recurrence Score

Products and services

  • Oncotype DX Breast Recurrence Score Test A genomic test that analyzes gene expression patterns in tumor tissue to guide personalized adjuvant chemotherapy decisions for early-stage HR+, HER2- breast cancer patients, predicting chemotherapy benefit and recurrence risk. The only genomic assay proven to predict adjuvant chemotherapy benefit in breast cancer with Category 1A NCCN guideline endorsement, used by healthcare providers globally.
  • Oncotype DX Breast DCIS Score Test A genomic assay for breast cancer that provides a recurrence risk score for patients with ductal carcinoma in situ (DCIS) to guide treatment decisions on adjuvant therapy, including radiation therapy planning.
  • Oncotype DX Colon Recurrence Score Test A genomic test that analyzes tumor tissue to predict recurrence risk in stage II and stage III colon cancer patients, helping healthcare providers guide adjuvant chemotherapy treatment decisions.

Quantifiable outcome

  • Over 2 million breast cancer patients tested worldwide
  • +2 more outcomes

Companies that use Genomic Health

Customer profile

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Genomic Health technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Genomic Health partnerships and signals

Strategic signal

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Genomic Health competitors and assessment

Company assessment

Emerging players

  • Guardant Health: Guardant Health is a leading liquid biopsy and oncology genomics company. While primarily focused on blood-based testing rather than tissue-based assays like Oncotype DX, it competes for oncology molecular testing budgets and physician mindshare.
  • Natera: Natera provides cell-free DNA and molecular testing for oncology and reproductive health. Its Signatera MRD test competes in the broader oncology molecular testing market and for similar payer and provider relationships.
  • Caris Life Sciences: Caris Life Sciences offers MI Profile and other molecular profiling tests for cancer treatment selection. It is an emerging competitor in tumor genomic profiling with overlapping oncologist and payer customers.

Broad incumbents

  • Hologic: Hologic is a women's health diagnostics company whose mammography and breast cancer screening/diagnostic portfolio overlaps with the breast oncology segment Genomic Health serves.
  • Foundation Medicine (Roche): Foundation Medicine, owned by Roche, provides comprehensive genomic profiling of solid tumors via FoundationOne. It is a broad incumbent in oncology molecular diagnostics competing for the same oncologist customers as Oncotype DX.
  • Exact Sciences (now Abbott): Exact Sciences, now part of Abbott, owns the Oncotype DX franchise following its acquisition and is the direct parent of Genomic Health's products, also offering Cologuard and Oncodetect in adjacent oncology diagnostics categories.

Direct peers

  • NeoGenomics: NeoGenomics provides oncology-focused clinical laboratory services including molecular and genetic testing for cancer, serving hospitals and oncologists with a portfolio that overlaps Genomic Health's tumor profiling work.
  • Agendia: Agendia develops MammaPrint and BluePrint genomic tests for breast cancer recurrence risk and treatment guidance, directly competing with Oncotype DX in the adjuvant chemotherapy decision market for early-stage HR+/HER2- breast cancer.
  • Myriad Genetics: Myriad Genetics offers molecular diagnostic tests including BRCA testing and oncology assays, competing in the broader hereditary and somatic cancer testing market that Genomic Health serves with Oncotype DX.
  • Veracyte: Veracyte is a genomic diagnostics company focused on oncology, offering tests for thyroid, prostate, breast, and lung cancer, with overlapping product positioning and customer base (oncologists and pathologists) to Genomic Health.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Genomic Health social profiles

Digital presence

Genomic Health financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Genomic Health leadership team

Management profile

Number of profiles

Profiles3 records

Genomic Health funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Genomic Health M&A and investment

M&A and investment

M&A

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Genomic Health

What does Genomic Health do?

Genomic Health develops and commercializes genomic-based diagnostic tests, led by the Oncotype DX portfolio, which analyze gene expression in tumor tissue to predict cancer recurrence risk and chemotherapy benefit. The flagship Oncotype DX Breast Recurrence Score test guides adjuvant chemotherapy decisions for early-stage HR+, HER2- breast cancer, with related tests covering DCIS breast cancer and colon cancer. Tests are ordered by healthcare providers and performed in certified laboratories to support personalized oncology treatment planning.

Is Genomic Health a public or private company?

Genomic Health is a private company. It is classified as corporate owned and is currently acquired.

When was Genomic Health founded?

Genomic Health was founded in 2000. It employs 501 to 1,000 people.

Where is Genomic Health based?

Genomic Health is headquartered in Redwood City, United States, in the North America region.

How does Genomic Health make money?

One revenue line is on record: genomic diagnostic testing services.

Who are Genomic Health's main competitors?

Emerging players on record are Guardant Health, Natera and Caris Life Sciences. Broad incumbents are Hologic, Foundation Medicine (Roche) and Exact Sciences (now Abbott). Direct peers are NeoGenomics, Agendia, Myriad Genetics and Veracyte.

Does Genomic Health have an API?

No public API is recorded for Genomic Health.

What industry is Genomic Health in?

Genomic Health's product category is Molecular Cancer Diagnostics. Its primary akta.pro industry code is HLAAALAE, Oncology Diagnostics (tumor profiling, MRD, liquid biopsy), with a secondary code of HLAKAFAJ, Breast Oncology. Its NAICS code is 621511 and its SIC code is 8071.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
openPR.comAn Overview of Segmentation, Market Dynamics, and Competitive Landscape in the Precision Diagnostics MarketThe precision diagnostics market is projected to grow to $220.51 billion by 2030, driven by increased demand for personalized treatment, genomic diagnostics investments, liquid biopsy techniques, and AI integration. In February 2024, US-based molecular diagnostics firm Myriad Genetics acquired Intermountain Precision Genomics to strengthen its tumor-profiling and precision oncology testing capabilities. Additionally, India-based diagnostics company Healthians launched an AI-driven video analysis tool in August 2024 to help patients interpret health reports.Market Research FuturePredictive Genetic Testing & Consumer/Wellness Genomics CompaniesThis market report covers multiple genetic testing companies announcing new products, strategic partnerships, and mergers in the consumer and wellness genomics space. Notable developments include Fulgent Genetics expanding its carrier screening panel, Helix launching a faster ancestry test, Color Genomics entering the gut-mind health market, Dante Labs merging with Nebula Genomics, 23andMe partnering with Mayo Clinic for research, and Invitae acquiring Genomic Health for $4 billion. These announcements collectively reflect ongoing consolidation and innovation across the genetic testing industry, with companies expanding their service offerings and research capabilities.openPR.comCancer Microbiome Testing Market to Get an Explosive Growth | Genomic Health • Exact Sciences • Guardant HealthCoherent Market Insights has released a report analyzing the Cancer Microbiome Testing Market, detailing its competition, geographic distribution, and growth potential from 2026 to 2033. The report highlights significant industry factors, risks, and opportunities, and serves as a vital tool for stakeholders considering market entry. Key players in this market include Genomic Health, Exact Sciences, and Guardant Health among others.ExecutiveinsightDoes Value Based Pricing have a role in diagnostics?The article analyzes the potential for implementing value-based pricing (VBP) in the diagnostics industry, contrasting it with the established VBP models in pharmaceuticals. It highlights successful case studies such as Genomic Health’s Oncotype DX and Ariosa Diagnostics’ Harmony test to illustrate criteria like robust clinical evidence and unique coding that facilitate higher reimbursement.PR NewswireOutlook on the Breast Cancer Diagnostics Global Market to 2028 - by Product, Type, Application, End-use and RegionResearch and Markets published a global breast cancer diagnostics market analysis report projecting the market to reach USD 6.8 billion by 2028, expanding at a 7.0% CAGR from 2021 to 2028, driven by technological advancements such as 3D mammography and increased breast cancer awareness. The report highlights key strategic moves including Exact Sciences' acquisition of Genomic Health in November 2019 and Hologic's agreement to acquire Biotheranostics for approximately USD 230 million in January 2021, alongside product launches from Fujifilm, Myriad Genetics, and QIAGEN. Market growth is expected to be tempered by risks associated with radiation exposure and contrast agents used in imaging and diagnostic procedures.PR NewswireGlobal Breast Cancer Diagnostics Markets, 2015-2020, 2020-2025F, 2030F: Focus on Imaging, Biopsy, Genomic Tests, & Blood TestsThe global breast cancer diagnostics market is projected to grow from $4.621 billion in 2020 to $7.458 billion by 2025, driven by an 8% compound annual growth rate, with COVID-19 also contributing to market expansion. The report identifies major players including Abbott Laboratories, Hologic Inc, and GE Healthcare while highlighting technological advancements such as 3D mammography as key market trends. In November 2019, Exact Sciences Corporation acquired Genomic Health for $2.8 billion to expand its cancer diagnostics portfolio through Genomic Health's Oncotype DX gene expression tests.PR NewswireFocus on Patient's Welfare Spurs Sales in Clinical Laboratory Services Market, Mounting Burden of Infectious Diseases Present Potential Revenue Streams: TMRTransparency Market Research released a market study reporting that the global clinical laboratory services market is projected to grow at a compound annual growth rate (CAGR) of 6.3% from 2019 to 2027, driven by increasing demand for diagnostic testing, advances in medical tourism, and rising burden of chronic and infectious diseases worldwide. North America held the majority market share in 2018 and is expected to retain its dominance through 2027, while Asia Pacific is emerging as a key growth opportunity. Key market participants identified include Alere Inc., Eurofins Scientific, SYNLAB International GmbH, Genomic Health Inc., Fresenius Medical Care Holdings Inc., Sonic Healthcare, Laboratory Corporation of America Holdings, and Charles River Laboratories International Inc.PR NewswireGenomics Industry Review 2015-2019 and Opportunity Outlook 2020-2030The global genomics market was valued at $851.96 million in 2019 and is projected to grow at a 14.71% CAGR to reach $1,475.11 million by 2023, with North America as the largest regional market. Government funding, such as the NIH's $28.6 million grant to establish three genome centers through the All of Us Research Program in 2018, is cited as a key growth driver, while technology limitations and cost constraints are identified as market restraints. Notable market activity includes Exact Sciences Corp's $2.8 billion acquisition of Genomic Health Inc. in November 2019 and NanoString Technologies' launch of a CAR-T characterization panel in 2018.PR NewswireKey Players in The $852 Million Genomics Market At Investing in New Product LaunchesThe global genomics market was worth $851.96 million in 2019 and is expected to grow at a compound annual growth rate of 14.71% to reach $1475.11 million by 2023, driven by increased government funding for genomics research and companies investing in new product launches to gain competitive advantage. In November 2019, Exact Sciences Corp. acquired Genomic Health Inc. for $2.8 billion in cash to broaden its cancer testing offerings and expand into more than 90 countries. Technology limitations due to cost and technical constraints remain a factor that could restrain market growth, while government initiatives such as the NIH's All of Us Research Program provided $28.6 million in 2018 for establishing genome centers in the USA.PR NewswireExact Sciences Announces Fourth-Quarter 2019 ResultsExact Sciences Corp. announced fourth-quarter 2019 revenue of $295.6 million, a 107% increase year-over-year, with full-year 2019 revenue of $876.3 million, driven by 63% growth in Cologuard test volume to 477,000 tests. The company completed its combination with Genomic Health in November 2019, contributing $66.2 million in Precision Oncology revenue and triggering a $184.6 million income tax benefit that resulted in net income of $77.9 million for the quarter. The company provided 2020 revenue guidance of $1.61-$1.645 billion.