Global DNA Sequencing Market Report
Market Overview
DNA sequencing is the system of establishing or classifying the arrangement of nucleotides inside a DNA particle. The scientists or researchers for developing new technologies for crop and livestock production use data achieved from DNA sequencing. Also, the growing cancer types and patients have posed serious challenges in front of the healthcare industry as it is a life-threatening condition, which has increased the usage of this technique and is rising with time. The rapid rise in genome mapping and high investments have boosted the market growth.
It is also used for noninvasive prenatal tests, and the growing preference towards such techniques have provided lucrative opportunities for this market. The growing demands for personalized medicines and biomarker discovery are among the major factors for the seamless growth of this market and will be driving the market at an accelerated pace.
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The companies are readily investing in research & development programs to unfold the new aspects, imposing an extra load on the market and will help the market gain accelerated speeds.
Apart from the uses and features, the global DNA sequencing market faces challenges from a lack of skilled personnel and concerns regarding the accuracy & standardization of the testing, which has restrained the global market growth. This report offers a complete outlook on the opposition, opportunities, drivers & restraints, and other factors affecting the neighborhood and global DNA sequencing marketplace. The worldwide market is anticipated to sign in approximately 18 % annual growth in this era.
DNA Sequencing Market Key players
Key players in the global DNA Sequencing Market are Perkin Elmer, Roche Holdings AG, Siemens AG, Illumina, Agilent Technologies Inc., Genia Corporation, Oxford Nanopore technologies, Koninklijke Philips N.V., Pacific Biosciences, Johnson & Johnson, Deep Genomics, Inc., Life Technologies, Illumina, Eppendorf, Tecan, Thermo Scientific, Hamilton Thorne Biosciences, General Electric Company, Siemens Healthineers GmbH, Myriad Genetics, Bayer Corporation, Beckman Coulter, and others.
Market Division
The global DNA sequencing market is segmented into classes as follows:
The global DNA sequencing market is characterized as workflow products and instruments & consumables based on types.
Consumables and sequencing services & instruments characterize the global DNA sequencing market based on applications.
The global DNA sequencing market is characterized as sequencing by synthesis, semiconductor sequencing, single-molecule real-time sequencing (SMRT), and others based on technology.
The global DNA sequencing market is characterized by biomarker discovery, drug discovery, and others based on applications.
The global DNA sequencing market is divided among clinics, pharmaceutical industries, hospitals, research institutes, and others based on end-users.
Regional Classification
The DNA sequencing market has gained global adoption due to the rising demands for better treatment techniques, an increase in cancer patients, and a rise in healthcare budgets. The global DNA sequencing market is divided into North America, the Asia Pacific, Europe, and the rest of the world. The North American region is currently leading the market due to the well-established healthcare system, high healthcare budgets, an increase in research & development activities, and others followed by the European region. Whereas, the Asia Pacific region will file the fastest growth during the survey due to a rise in healthcare budgets, fast-developing healthcare systems, demands for better treatments, vast population, growing awareness, and other factors.
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Industry News
The global DNA sequencing market is growing at considerable speeds due to the increase in healthcare budgets and the rise in cancer patients. The instrument and personalized medicine segments will file the highest growth during the survey. Currently, the North American region holds a major share of the market, followed by the European region. On the other hand, the Asia Pacific region will grow with the highest growth rate.
Table Of Contents:
Chapter 1. DNA Sequencing Market Report Prologue
Chapter 2. DNA Sequencing Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. DNA Sequencing Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. DNA Sequencing Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
Continued..
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Industry News:
February, 2014 − Thermo Fisher Scientific acquired Life Technologies Corporation for USD 76.13
Mar, 2016 – Thermo Fisher Scientific acquired Affymetrix
Jan, 2015 – Adaptive Biotechnologies acquired Sequenta
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