About DNA Sequencing
DNA sequencing is important to apply to the human genome. It allows scientists to sequence genes and genomes.DNA Sequencing market is expected to grow in the future due to the rising demand for easy and fast clinical diagnosis and an increase in cancer research activities. The surging trend of personalized genomics boosting the market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global DNA Sequencing market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Siemens AG (Germany), Pacific Biosciences of California, Inc. (United States), Eppendorf (Germany), PerkinElmer, Inc. (United States), Agilent Technologies, Inc. (United States), Illumina, Inc. (United States), LI-COR Biosciences, Inc (United States), Oxford Nanopore Technologies Limited (United Kingdom), F. Hoffmann-La Roche AG (Switzerland), ThermoFisher Scientific (United States) and Longas Technologies (Australia) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global DNA Sequencing market by Type (Consumable, Instrument and Service), Application (Biomarkers and Cancer, Diagnostics, Reproductive Health, Personalized Medicine, Forensics, Research and Treatment analysis) and Region.
On the basis of geography, the market of DNA Sequencing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Sequencing by Synthesis will boost the DNA Sequencing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Pharmaceutical Companies will boost the DNA Sequencing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in DNA Sequencing
Market Growth Drivers:
Growing Demand for Easy and Fast Clinical Diagnosis and Increasing Number of Genome Mapping Programs
Challenges:
Dearth of Skilled Professionals
Restraints:
Standardization concerns over DNA Sequencing-based Diagnostics and Expensive Machinery
Opportunities:
Rising R & D Investment in DNA Sequencing and Surging Demand from Emerging Markets
Market Leaders and their expansionary development strategies
In May 2020, Roche announced that it has acquired Stratos Genomics. The acquisition provides Roche access to Stratos Genomics unique chemistry, Sequencing by Expansion (SBX™).
In May 2019, Longas Technologies Pty Ltd emerges from stealth mode, unveiling its Morphoseq™ technology and announcing the appointment to CEO of Nick McCooke, who built and led the team at Solexa that pioneered NGS prior to the company being acquired by Illumina.
Key Target Audience
DNA Sequencing equipment manufacturers, vendors, and distributors, DNA Sequencing service companies, DNA Sequencing bioinformatics/data analysis companies, Research laboratories and academic institutes, Venture capitalists and other government funding organizations, Research and consulting firms and Pharmaceutical and biotechnology companies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.