Global DNA Sequencing Market Research Report 2022 – ResearchAndMarkets.com

Dublin – (work wire) – The report “DNA Sequencing – Global Market Path and Analytics” has been added to ResearchAndMarkets.com Show.

The global DNA sequencing market will reach US$ 10.1 billion by 2026

The global DNA sequencing market estimated at US$ 5.1 billion in 2020, is expected to reach a revised size of US$ 10.1 billion by 2026, at a compound annual growth rate of 11.8% during the analysis period. Consumer goods, one of the sectors analyzed in the report, is expected to grow at an 11.4% compound annual growth rate (CAGR) to reach US$4.9 billion by the end of the analysis period.

Growth in the global market is set to be driven by promising opportunities in the areas of biomarkers, cancer, diagnostics, personalized medicine, forensics and reproductive health among others. The increase in worldwide genome mapping software, increase in partnerships and collaborations, and increasing technological advancements in DNA sequencing are the other factors which boost the growth in the market.

The evolving technology, the increasing incidence of cancer, the emergence of new market players, the increasing demands of breeders for the breeding of plants and animals, the increase of genome mapping programmes, the increase of conferences and seminars on the DNA sequencing market, and the development of liquid biopsy applications, are also expected to lead to a continuing decrease in sequencing costs. , Growing personalized treatments to promote growth. With a promising outlook, DNA sequencing is widely used for biological research and medical diagnosis as well as for biotechnology experiments.

After a comprehensive analysis of the business implications of the epidemic and the resulting economic crisis, the growth in the tool sector has been readjusted to a revised 9.6% compound annual growth rate for the next seven years. This segment currently accounts for 28.9% of the global DNA sequencing market. Consumables such as kits, reagents and tools simplify and streamline the workflow. Due to its absolute use and requirements during library construction, sample preparation, and prerequisite steps for DNA sequencing, the consumer products segment occupies a dominant position in the market.

The US market size is estimated at $2.4 billion in 2021, while China is expected to reach $1.3 billion by 2026

The DNA sequencing market in the United States is estimated at $2.4 billion in 2021. The country currently accounts for 41.4% of the global market share. China, the world’s second largest economy, is expected to reach an estimated market size of US$1.3 billion in 2026, trailing a compound annual growth rate of 17.2% during the analysis period.

Other noteworthy geographic markets include Japan and Canada, both of which are expected to grow by 8.5% and 9.9% respectively during the analysis period. Within Europe, Germany is expected to grow at a compound annual growth rate of approximately 8.8% while the rest of the European markets (as defined in the study) will reach US$1.5 billion by the end of the analysis period. North America region leads the market due to technological advancement and increasing prevalence of genetic diseases among patients.

Increasing funding by government organizations in research and development in the area of ​​DNA sequencing is also boosting market growth in the region. The Asia Pacific region has emerged as an emerging market for DNA sequencing, led by huge contributions from some countries in Asia including India, China, South Korea and Japan. The aging population and the increasing incidence of tumors in this region have had a positive impact on the growth of the DNA sequencing market in this region.

The service sector will reach $3.1 billion by 2026

Factors driving the demand for the DNA sequencing services market are increased funding for life sciences research and public grants, technological advances in the method for diagnosing and treating infectious diseases, innovation in molecular technologies, and customized product offerings. In the global services sector, USA, Canada, Japan, China and Europe will have an estimated compound annual growth rate of 14.2% for this sector.

These regional markets with a combined market size of US$1.2 billion in 2020 will reach a projected size of US$3.1 billion by the end of the analysis period. China will continue to be among the fastest growing markets in this group of regional markets. Led by countries like Australia, India, and South Korea, the market in Asia Pacific is expected to reach $140.8 million by 2026.

Main topics covered:

I. METHODOLOGY

Secondly. Executive Summary

1. Market Overview

  • an introduction

  • A brief history of the development of DNA sequencing technology

  • Different types of sequencing approaches

  • gun sequence

  • High Productivity Approach

  • Long Read Sequence Approach

  • Single molecule real-time sequencing (SMRT)

  • DNA Nanopore sequencing

  • Short Reading Sequence Curriculum

  • Parallel Signature Sequence (MPSS)

  • Bolognese sequence

  • 454 Pyrosequencing

  • Illumina Sequence (Solexa)

  • Synthesis of the fusion probe anchor (cPAS)

  • SOLiD . sequence

  • Ion-sil sequencing of a semiconductor

  • DNA Nanoball . sequencing

  • Heliscope single molecule sequence

  • Microfluidic Systems

  • Introduction to DNA sequencing

  • Main applications

  • DNA sequencing application

  • The impact of Covid-19 and the looming global recession

  • 2020 is a year of turmoil and transformation

  • As the race between the virus and vaccines intensifies, where is the global economy heading in 2021

  • Impact of COVID-19 on the DNA sequencing market

  • Global market prospects and forecasts

  • DNA Sequencing Market Set For Rapid Growth

  • Regional Market Perspective

  • North America leads the global market

  • Contest

  • Recent market activity

2. Focus on identifying players (a total of 76 featured)

  • Agilent Technologies, Inc.

  • Thermo Fisher Scientific, Inc.

  • Illumina, Inc.

  • QIAGEN

  • F. Hoffmann-La Roche Ltd.

  • Oxford Nanopore Technologies Limited

  • Macrogen, Inc.

  • Birkin Elmer, Inc.

  • Pacific Biosciences of California, Inc.

  • BGI

  • Bio-Rad Laboratories, Inc.

  • Countless genetics

  • Perian DX

  • Intrexon Bioinformatics Germany GmbH

  • Eurofins Scientific

3. Market trends and drivers

  • Next generation sequencing is driving market growth

  • Increase research and development activities in NGS

  • Illumina, the dominant force in the global NGS market

  • The DNA sequencing market in Europe amid the epidemic

  • Increased adoption of sequencing services in clinical workflows drives market growth

  • Increased use in drug discovery market growth

  • Increasing focus on personalized medicine is driving market growth

  • Rising cancer rates to drive market growth

  • DNA sequencing and cancer care

  • Technological Developments in NGFS Aids Market Expansion

  • The world’s first portable genome sequencing analyzer

4. Global market perspective

Third. Regional Market Analysis

Fourthly. Competition

  • Total companies identified: 76

For more information on this report, visit https://www.researchandmarkets.com/r/dtvq0n

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