Genome Sequencing Market Latest Trend, Share Analysis, Growth, and Application

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genome sequencing market, which was USD 16,716.6 million in 2022, would rise to USD 55,564.7 million by 2030 and is expected to undergo a CAGR of 16.2% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation,

 

GENOME SEQUENCING is the finest market research report which is the result of proficient team and their potential capabilities. In this market research report, data collection modules with large sample sizes are used to collect data and perform base year analysis. The market research data included in this report is analysed and forecasted using market statistical and coherent models. This wide ranging market analysis report puts light on many aspects related to HEALTHCARE industry and market. Market definition, market segmentation, competitive analysis and research methodology are the major topics covered in the winning GENOME SEQUENCING business report.

The meticulous efforts accompanied with integrated approaches results into an excellent market research report that drives the decision making process of the business. The universal GENOME SEQUENCING marketing report encompasses market definition, currency and pricing, market segmentation, market overview, premium insights, key insights and company profile of the key market players. Company profiles of the key market competitors are analysed with respect to company snapshot, geographical presence, product portfolio, and recent developments. If business is hunting to gain competitive advantage in this swiftly transforming marketplace, then plumping for GENOME SEQUENCING market research report is highly recommended as it gives lot of benefits for a thriving business.

Genome sequencing market, which was USD 16,716.6 million in 2022, would rise to USD 55,564.7 million by 2030 and is expected to undergo a CAGR of 16.2% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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 Driver:

The growing incidence of inherited cancers is anticipated to create a high demand for cancer genomics. The major understanding of the human genome has mainly focused on using numerous gene therapies to treat cancers by using modern gene editing techniques such as CRISPR-Cas gene technology. For instance, a group of researchers at the University of California developed the applications of precision genome editing agents for managing inherited retinal diseases (IRDs) in 2022. Thus, this factor boosts market growth.

A growing number of joint ventures and partnerships among major market players are also anticipated to have a major impact on market growth. For instance, Illumina, Inc., and Allegheny Health Network entered into a collaboration for effective evaluation of the impact of in-house Comprehensive Genomic Profiling (CGP) to leverage patient care in June 2022. Thus, this factor boosts market growth.

Several genomic surveillance programs were launched in numerous countries to understand the dynamics of genomic sequencing and effective preventive measures. For instance, the Indian SARS-CoV-2 Genomics Consortium (INSACOG) was established by the combined efforts of the Ministry of Health, Department of Biotechnology (DBT), and ICMR to screen the genomic variations in the SARS-CoV-2 by sequencing technologies in December 2020. Thus, this factor boosts market growth

Some key players mentioned in the report are:

Abbott (U.S.), bioMérieux (France), B.D. (U.S.), Danaher (U.S.), Thermo Fisher Scientific Inc., (U.S.), Siemens (Germany), Agilent Technologies, Inc, (U.S.), Merck KGaA (Germany), Illumina Inc. (U.S.), QIAGEN (Germany), Bio-Rad Laboratories, Inc. (U.S.), Eurofins Scientific (Luxembourg), Danaher (U.S.), Oxford Nanopore Technologies plc (U.K.)., F. Hoffmann-La Roche Ltd (Switzerland), BGI (U.S.), General Electric (U.S.), LI-COR, Inc (U.S.)., Siemens (U.S.), PerkinElmer, Inc. (U.S.)., Macrogen, Inc (South Korea)., BIONEER CORPORATION (South Korea)

Key Insights that Study is going to provide:

  • The 360-degree Genome Sequencing overview based on a global and regional level
  • Market Share Sales Revenue by Key Players Emerging Regional Players
  • A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger Acquisition / Recent Investment and Key Developments]
  • May vary depending upon availability and feasibility of data with respect to Industry targeted
  • Patent Analysis** No of patents / Trademark filed in recent years.
  • A complete and useful guide for new market aspirants
  • Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations
  • Various Genome Sequencing industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

Key Market Segmentation:

By Product (Consumables, Systems and Software, Services), Technology (PCR, Sequencing, Microarray, Nucleic Acid Extraction and Purification, Others), Application (Diagnostics, Drug Discovery and Development, Precision Medicine, Agriculture, and Animal Research, Others)

The countries covered in the Global Genome Sequencing Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Key leading countries

Vendor Landscape

Vendor Analysis

Appendix

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