What is Sangers Sequencing Service?
The healthcare industry aims to advance technology to reduce health problems and to extend the lifespan of human beings. Therefore, international brands, as well as thousands of biotechnology start-ups across the globe, are aiming to contribute to humanity by developing new technologies for the healthcare sector. Sangers Sequencing Service is a method of DNA sequencing based on the selective incorporation of chain-terminating dideoxynucleotides by DNA polymerase during in vitro DNA replication. The most widely used testing platform for mutation detection in various cancer settings, as it provides a comprehensive examination of all genetic aberrations in the sample material. Sanger sequencing has proven useful for assessing the presence or absence of recurrent single nucleotide mutations or small insertions/deletions in oncogenes and tumor suppressor genes in surgically resected pathology specimens. The field of genomics has surpassed expectations over the past three decades due to massive changes in technology that allowed researchers to interrogate larger pieces of the human genome.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | GenScript Biotech Corporation (United States), Source BioScience (United Kingdom), LGC Science Group Limited (United Kingdom), Thermo Fisher Scientific, Inc. (United States), Quintara Biosciences (United States), Fasteris SA (Switzerland), GENEWIZ (United States), GenHunter Corporation (United States), SciGenom Labs Pvt. Limited(United States) and Nucleics (Australia) |
The study covers a detailed analysis segmented by key business segments i.e. , by application (Diagnostics, Biomarkers and Cancer, Reproductive Health, Personalized Medicine, Forensics and Other) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Sangers Sequencing Service market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Sangers Sequencing Service market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are GenScript Biotech Corporation (United States), Source BioScience (United Kingdom), LGC Science Group Limited (United Kingdom), Thermo Fisher Scientific, Inc. (United States), Quintara Biosciences (United States), Fasteris SA (Switzerland), GENEWIZ (United States), GenHunter Corporation (United States), SciGenom Labs Pvt. Limited(United States) and Nucleics (Australia).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Market Trend
Technological advancements in Sanger’s sequencing
Restraints
- Sanger sequencing has been replaced by Next-Generation sequencing methods
Opportunities
Growing genomics research in academic and research institutes and outsourcing of genome testing in biopharmaceutical & biotechnology industry to drive the adoption of Sangers Sequencing Service services, thus propelling the Sangers Sequencing Service services market.
Key highlights of the Global Sangers Sequencing Service market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Sangers Sequencing Service market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Sangers Sequencing Service market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Sangers Sequencing Service Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sangers Sequencing Service market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Sangers Sequencing Service market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Sangers Sequencing Service Provider, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.