DNA Sequencing Market Global Trends, Size, Segments, Competitors Strategy

Posted by Sapana on November 9th, 2019

Market Research Future has published a half-cooked research report on the DNA Sequencing Market Research Report - Forecast to 2023.

DNA Sequencing Market Overview: 

The global market for DNA sequencing has the potential to achieve 17.64 % CAGR between 2018 and 2023, a period that is considered as the time for forecasting. Market Research Future (MRFR) is also predicting a smooth rise for the global market in the coming days that can be taken seriously into consideration. 

The process of DNA sequencing is to find the order of the nucleotide bases, which can include cytosine, guanine, adenine, and thymine in a DNA molecule. It can be driven by factors like increased expenditure in the field both by governments and private organizations as breeders for animals and plants are creating demands, technological development, surge in liquid biopsy tests, and others. Its effect is definitive on the healthcare sector as it is gaining prominence in researches for chronic diseases. Various institutions would boost the demand for it in the coming days. However, precision and standardization can be a concern as they might deliver differing results. Also, ethical questions are creating traps for the market growth. 

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DNA Sequencing Market Segmentation: 

The global market for DNA sequencing has an in-depth study in the report made by MRFR on the same topic. This report includes type, product, technology, application, and end-users. 

By type, the DNA sequencing market encompasses instruments & consumables services, and workflow products. 

By product, the market for DNA sequencing had sequencing services, and  sequencing instruments & consumables. The sequencing instruments & consumables covers product type and platform type. By product type, it can be further segmented into consumables and instruments, whereas by platform type, this includes sanger, NGS, sample prep kits, bioinformatics, and reagents. 

By technology, the market for DNA sequencing has single-molecule real-time sequencing (SMRT), semiconductor sequencing, sequencing by synthesis, pyrosequencing, sequencing by ligation (SBL), and other technologies. 

By application, the market for DNA sequencing includes agriculture & animal research, diagnostics, personalized medicine, biomarker discovery, drug discovery, and other applications. 

By end-user, the market report incorporates academia, research centers & government institutes, clinics & hospitals, biotechnology & pharmaceutical companies, and others. 

DNA Sequencing Market Regional Analysis: 

North America can make an indelible mark in the global market by using the technology to its fullest potential where the required parameters like scope for research, funding provision, readiness of end users in adopting latest technologies, easy implementation of innovations, and others are getting suitable reactions. The US and Canada are countries that can show potentials to take the regional market forward. On the other hand, Europe is making significant progress as the regional market is benefiting from investments made in developing the sector. France, Germany, the UK, Sweden, and others are making contributions in diverse forms to take the regional market ahead. The Asia Pacific (APAC) region is showing significant signs of prosperity as various emerging economies like India, China, South Korea, Singapore, and others are contributing to the market growth by spending substantial investment funds to develop the sector. In the Middle East region the same market would witness contributions from countries like Israel, Dubai, and others. 

DNA Sequencing Market Competitive Landscape: 

There are some notable companies who are impacting the global market for DNA sequencing. These companies have been taken good care of in their analysis by MRFR that would deliver results based on the portfolio of each company. Companies listed in this report are Roche Holdings AG, Perkin Elmer, Illumina, Siemens AG, Genia Corporation, Agilent Technologies Inc., Koninklijke Philips N.V., Oxford Nanopore technologies, Deep Genomics, Inc., Pacific Biosciences, Johnson & Johnson, Illumina, Life Technologies, Thermo Scientific, Eppendorf, Tecan, General Electric Company, Hamilton Thorne Biosciences, Myriad Genetics, Siemens Healthineers GmbH, Beckman Coulter, Bayer Corporation, and others. 

In September 2019, Nebula Genomics, a DNA-testing company, started offering anonymous DNA sequencing to clients who would like to know about their biological structure. The subject itself is controversial, however, the start-up is not shying away from the procedure.

Browse the market data and information spread across 90 pages with 62 data tables and 74 figures of the report “DNA Sequencing Market Research Report: By Type (Workflow Products and Others), By Product (Sequencing Services and Others), By Technology (Semiconductor Sequencing and Others), By Application (Diagnostics and Others), End-Users— Global Forecast Till 2023 ” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/dna-sequencing-market-5774