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Illumina Inc
Research & Development
Illumina Inc
Research & Development Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Research & Development | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Illumina Inc
NASDAQ:ILMN
|
Research & Development
-$1.2B
|
CAGR 3-Years
-6%
|
CAGR 5-Years
-13%
|
CAGR 10-Years
-15%
|
||
Thermo Fisher Scientific Inc
NYSE:TMO
|
Research & Development
-$1.3B
|
CAGR 3-Years
1%
|
CAGR 5-Years
-6%
|
CAGR 10-Years
-8%
|
||
Danaher Corp
NYSE:DHR
|
Research & Development
-$1.4B
|
CAGR 3-Years
4%
|
CAGR 5-Years
-8%
|
CAGR 10-Years
-3%
|
||
Mettler-Toledo International Inc
NYSE:MTD
|
Research & Development
-$185.7m
|
CAGR 3-Years
-4%
|
CAGR 5-Years
-5%
|
CAGR 10-Years
-4%
|
||
Agilent Technologies Inc
NYSE:A
|
Research & Development
-$456m
|
CAGR 3-Years
-2%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
-20%
|
||
IQVIA Holdings Inc
NYSE:IQV
|
Research & Development
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Illumina Inc
Glance View
Illumina Inc. is a pioneering biotechnology company that has revolutionized the field of genomics by developing advanced sequencing technologies that unveil the secrets of the human genome. Founded in 1998 and based in San Diego, California, Illumina has positioned itself at the forefront of genetic research, providing scientists and clinicians with tools that enhance disease detection, treatment options, and personalized medicine. With a commitment to innovation, Illumina’s sequencers have made genetic sequencing faster, cheaper, and more accessible—empowering researchers to explore the genetic underpinnings of health and disease like never before. Their flagship products, such as the NovaSeq and NextSeq series, are instrumental in various applications, from cancer research and reproductive health to infectious disease surveillance. For investors, Illumina represents a unique opportunity in the rapidly expanding biotechnology sector. The company’s robust growth trajectory is underpinned by strategic partnerships with leading research institutions and pharmaceutical companies, fostering a collaborative ecosystem in genomic research and diagnostics. Illumina's strong financial performance is reflected in its consistent revenue growth and expanding market share, making it a formidable player in the global healthcare landscape. As the demand for precision medicine rises and genomic data becomes increasingly integral to modern healthcare, Illumina is poised to capture significant market opportunities. With a focus on innovation, evolving technologies, and a long-term vision for enhancing human health through genomics, Illumina remains a compelling investment proposition in an era where genetic insights are paramount.
See Also
What is Illumina Inc's Research & Development?
Research & Development
-1.2B
USD
Based on the financial report for Sep 29, 2024, Illumina Inc's Research & Development amounts to -1.2B USD.
What is Illumina Inc's Research & Development growth rate?
Research & Development CAGR 10Y
-15%
Over the last year, the Research & Development growth was 8%. The average annual Research & Development growth rates for Illumina Inc have been -6% over the past three years , -13% over the past five years , and -15% over the past ten years .