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DNA Sequencing Market Largest Regional Revenue Share in Near Future

The study provides an in-depth analysis of the global DNA sequencing market, with current trends and future estimations to elucidate the imminent investment pockets. A quantitative analysis from 2016 to 2023 to enable the stakeholders to capitalize on the prevailing market opportunities is discussed.<br>

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DNA Sequencing Market Largest Regional Revenue Share in Near Future

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 DNA Sequencing Market is Expected to Reach $18,284 Million Global Opportunity Analysis and Industry Forecast, 2017-2023

  2. DNA Sequencing Market “Sequencing by synthesis (SBS), is one of the most influential and greatly adopted DNA sequencing technologies used by researchers and scientist globally. This technology offers a massive sequence throughput at modest costs in a single sequencing run.”  

  3. DNA Sequencing MarketOverview DNA Sequencing Market was valued at $5,156 million in 2016 and is expected to reach $18,284 million in 2023, registering a CAGR of 19.6% from 2017 to 2023. DNA sequencing is a technology in which several DNA strands could be sequenced through massive parallelization. This sequencing includes both Sanger’s method of sequencing and non-Sanger’s methods of sequencing. Low cost, high accuracy and speed, and precise results even from low sample input are the main advantages DNA sequencing offers over microarray and other genomic analysis methods. Access Full Summary : https://www.alliedmarketresearch.com/dna-sequencing-market DNA sequencing is used to execute various applications, such as biomarker discovery, oncology studies, personalized medicine, forensics, and others. It has streamlined nucleotide analysis and consist of widely replaced conventional tools of genomics, especially microarray, genotyping, and others. The demand for DNA sequencing has increased significantly, owing to surge in sequencing applications and rise in technological advancements in DNA sequencing. In addition, the growth in number of genome mapping programs globally and increase in R&D investment drive the market growth.

  4. DNA Sequencing Market The DNA sequencing market is segmented based on product, application, technology, end user, and geography. Based on product, it is classified into consumable, instrument, and service. The consumables segment occupied dominant share in 2016, and is expected to maintain this trend during the forecast period. This is attributed to the fact that they are widely used throughout the sample preparation process and are needed to perform other pre-requisite steps of DNA sequencing. Asia-Pacific possesses high market potential for the growth of DNA sequencing market, owing to increase in awareness about DNA sequencing, rise in DNA sequencing applications, and others. This region is anticipated to experience fast-paced growth, in terms of development and use of DNA sequencing technologies. DNA sequencing is an umbrella term that includes both Sangers and Non-Sangers method of sequencing. In the DNA sequencing process, DNA is extracted, fragmented, and linked to adapters and primers for the amplification reaction (PCR) for library construction. Further, sequencing of the fragmented DNA is executed, DNA sequencing furnishes a massive set of sequence data in a very small duration.

  5. DNA Sequencing Market Snapshot The major factors that drive the global DNA sequencing market are rise in technological advancements in DNA sequencing, growth in collaborations & partnerships, and increase in genome mapping programs globally. In addition, rise in investment in R&D enhances the demand for DNA sequencing and thereby provides lucrative opportunities for the market growth. However, accuracy & standardization concerns and ethical & legal limitations associated with DNA sequencing restrain the market growth. The consumables product segment occupies the highest share in the DNA sequencing product market, owing to their sheer usage and need throughout the sample preparation, library construction, and other pre-requisite steps of DNA sequencing. The sequencing by synthesis technology segment is anticipated to dominate the global DNA sequencing market as most of the widely-used DNA sequencing platforms utilize this technology in sequencing protocols, which accounted for over half of the total share in 2016.

  6. Key Benefits of DNA Sequencing Market • The study provides an in-depth analysis of the global DNA sequencing market, with current trends and future estimations to elucidate the imminent investment pockets. • A quantitative analysis from 2016 to 2023 to enable the stakeholders to capitalize on the prevailing market opportunities is discussed. • Key market players are profiled and their strategies are analyzed thoroughly, which help understand the competitive outlook of the market. • Porter’s Five Forces model interprets the bargaining power of suppliers & buyers, threat of new entrants & substitutes, and competition in the key players.

  7. DNA Sequencing Market North America Europe Asia-Pacific LAMEA

  8. DNA Sequencing Market Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/request-sample/163 Follow Us On

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