Worldwide DNA Sequencing Industry to 2028 - Growth in Genome Mapping Programs Presents Opportunities
DUBLIN, June 8, 2021 /PRNewswire/ -- The "Global DNA Sequencing Market 2021-2028" report has been added to ResearchAndMarkets.com's offering.
After analyzing the global DNA sequencing market in detail, the publisher has put forth that this industry is likely to display an upward trend, with 4.62% of CAGR by revenue, over the forecasting years between 2021 and 2028.
The rise in the prevalence of cancer in the past couple of years is the major driving force behind the development of this market. In addition, technological advancements and the rising applications of DNA sequencing for animal & plant reproduction are aiding this market to grow further. However, the DNA sequencing technology has certain limitations when it comes to diagnostic testing. This is majorly hampering the market growth.
Moreover, the dearth of skilled professionals in developing economies is further impeding the growth process. On the bright side though, there is immense scope for research and development in DNA sequencing. Also, significant growth in genome mapping programs has been observed. These factors are creating opportunities for the market's progress.
Regional Outlook
The global market for DNA sequencing encompasses the regions of North America, the Asia-Pacific, the Middle East and Africa, Latin America, and Europe.
The market in the Asia-Pacific is estimated to grow the fastest, globally, over the projected period. The region comprises some major developing and developed economies of the world, such as South Korea, Japan, India, Australia & New Zealand, and China, among others. The APAC is a very prominent market for DNA sequencing, owing to factors like the high number of applications of the technology, such as agriculture and animal breeding. The agricultural sector contributes majorly to the economic growth in countries like India, China, South Korea, and others. These factors are contributing to the growth of the market in the Asia-Pacific.
Competitive Outlook
Some of the companies present in the DNA sequencing market are Agilent Technologies Inc, Eurofins Scientific, BGI Genomics, Adaptive Biotechnologies Inc, Illumina Inc, Merck KgaA, Perkinelmer Inc, Thermo Fisher Scientific Inc, F Hoffmann-La Roche, Danaher Corporation (Integrated DNA Technologies Inc), Pacific Biosciences of California Inc, Siemens Healthineers AG, Asuragen Inc, Spiral Genetics Inc, and Bio-Rad Laboratories Inc.
Agilent Technologies Inc (Agilent) is a prominent name in the field of DNA sequencing. The company serves routine and clinical diagnostics and analytical laboratories with its full technology platform suite. It caters to various markets, such as life sciences research, chemical & energy, environmental & forensics, clinical & diagnostics, and others. Agilent was established in 1999, and operates manufacturing facilities and R&D centers in North America, the Asia-Pacific, and Europe. The company markets its products and services via direct sellers, resellers, e-commerce partners, distributors, and representatives.
Key Topics Covered:
1. Global DNA Sequencing Market - Summary
2. Industry Outlook
2.1. Impact of COVID-19 on the DNA Sequencing Market
2.2. Key Insights
2.2.1. Applications of Liquid Biopsy
2.2.2. Emerging Developing Economies
2.2.3. Development in Personalized Medicine and Biomarker Discovery
2.2.4. Next Generation Sequencing
2.3. Porter's Five Forces Model
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute Products
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Competitive Rivalry
2.4. Industry Components
2.5. Key Impact Analysis
2.6. Market Attractiveness Index
2.7. Vendor Scorecard
2.8. Key Market Strategies
2.8.1. Contracts and Partnerships
2.8.2. Business Expansions, Announcements, and Divestitures
2.8.3. Acquisitions & Mergers
2.8.4. New Product Launches
2.9. Market Drivers
2.9.1. Prevalence of Cancer Cases
2.9.2. Advancements in Technology
2.9.3. Applications of DNA Sequencing for Animals & Plants Reproduction
2.10. Market Restraints
2.10.1. Challenges Associated With DNA Sequencing Technologies in Bioinformatics
2.10.2. Lack of Skilled Professionals in Emerging Economies
2.10.3. Limitations of DNA Sequencing Technology in Diagnostic Testing
2.11. Market Opportunities
2.11.1. Extensive Research and Development in DNA Sequencing
2.11.2. Growth in Genome Mapping Programs
3. Global DNA Sequencing Market - by Product
3.1. Instruments & Consumables
3.1.1. Instruments & Consumables Type
3.1.1.1. Consumables
3.1.1.2. Instruments
3.1.2. Instruments & Consumables Platform
3.1.2.1. NGS (Next Generation Sequencing)
3.1.2.1.1. Rna Sequencing
3.1.2.1.2. Targeted Resequencing
3.1.2.1.3. Whole-Exome Sequencing
3.1.2.1.4. Whole-Genome Sequencing
3.1.2.1.5. Chip Sequencing
3.1.2.1.6. De Novo Sequencing
3.1.2.1.7. Methyl Sequencing
3.1.2.2. Sanger
3.2. Sequencing Services
3.3. Bioinformatics
4. Global DNA Sequencing Market - by Technology
5. Global DNA Sequencing Market - by Application
6. Global DNA Sequencing Market - by Industry Verticals
7. Global DNA Sequencing Market - Regional Outlook
8. Competitive Landscape
8.1. Adaptive Biotechnologies Inc
8.2. Agilent Technologies Inc
8.3. Asuragen Inc
8.4. Bgi Genomics
8.5. Bio-Rad Laboratories Inc
8.6. Danaher Corporation (Integrated DNA Technologies Inc)
8.7. Eurofins Scientific
8.8. F Hoffmann-La Roche
8.9. Illumina Inc
8.10. Merck Kgaa
8.11. Pacific Biosciences of California Inc
8.12. Perkinelmer Inc
8.13. Siemens Healthineers AG
8.14. Spiral Genetics Inc
8.15. Thermo Fisher Scientific Inc
9. Research Methodology & Scope
For more information about this report visit https://www.researchandmarkets.com/r/3b13bz
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Related Links
http://www.researchandmarkets.com
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article