Global DNA Sequencing Market: Synopsis
The global DNA sequencing market
is projected to achieve an impressive growth rate on the back of its
extensive usage in a number of applications and ease of adoption with
the emergence of innovative technologies in the field. A DNA sequencing
Android app named GelApp 2.0 has been recently introduced with a 56.0%
greater band detection accuracy for proteins and 36.0% for DNA than its
original version. The interesting, rather most innovative, part of the
app’s development procedure was the implementation of Monte Carlo Tree
Search, a gaming algorithm, for cutting-edge image processing.
With a healthy CAGR of 17.5%, the
worldwide DNA sequencing market is foretold to expand substantially from
an estimated US$6.6 billion in 2016.
The segmentation followed in this global
DNA sequencing report touches four important parameters, including
technology. With the help of such critical market segmentation, the
analysts have provided a comprehensive study of the global market and
significant segments that are envisaged to make a statement in the near
future. An illustrative portion on SWOT analysis of the chief segments
of the DNA sequencing sector, including characteristic graphics, helps
to easily analyze the future outlook of the market.
The report on the international DNA
sequencing market takes into account the industry growth drivers,
challenges for market players, and current trends impacting the
industry. With such conclusive data and accurate statistics, report
buyers can devise result-oriented strategies to secure a competitive
place in the global market. An in-depth evaluation of the key factors of
the market illustrated in the report is a crucial stepping stone to
make important business decisions.
Global DNA Sequencing Market: Trends and Opportunities
New market players are envisioned to get
attracted to the global DNA sequencing market as technological
innovations keep taking precedence. Besides this, established players
can expect to leverage new opportunities in the market with
sophisticated technologies such as chain terminator DNA sequencing and
next generation DNA sequencing. Vendors can also find lucrative
opportunities in the clinical field as DNA sequencing is highly demanded
in numerous clinical applications. Next generation DNA sequencing,
particularly, is receiving high attention with the providence of novel
platforms from the ongoing quantum leaps in microfluidics,
bioinformatics, nanotechnology, and imaging. Such breakthroughs are also
predicted to revolutionize a number of life science fields, thus
providing an easy path of growth for the global market.
The services segment of the international
DNA sequencing market had secured a colossal share in 2016 while
instruments and consumables was one of the most rapidly growing segments
in the same year.
Global DNA Sequencing Market: Geography
Considering the most critical
geographical regions as a base, the analysts have offered an
all-encompassing interpretation of the global DNA sequencing market.
North America, Europe, Asia Pacific, and Rest of the World are the major
geographies studied in the report. North America could hold a momentous
share in the global market while Asia Pacific is anticipated to take
advantage of the demand for personalized medicine and higher awareness.
Global DNA Sequencing Market: Company Profiling
Among other prominent players in the
global DNA sequencing market, Microchip Biotechnologies, Beckman Coulter
(Fullerton, CA), Abbott Laboratories, GE Healthcare Life Sciences,
Johnson & Johnson, Commonwealth Biotechnologies, ZS Genetics,
Agilent Technologies, Siemens AG, Pacific Biosciences, Myriad Genetics,
Bayer Corporation, Integrated DNA Technologies, 454 Life Sciences,
Hamilton Thorne Biosciences, and LI-COR Biosciences (Lincoln, NE) are
expected to make their presence known.
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