The DNA Sequencing Global Market Report 2023, provides comprehensive information on the dna sequencing market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global DNA sequencing market is expected to grow from $10.24 billion in 2022 to $11.84 billion in 2023 at a compound annual growth rate (CAGR) of 15.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The DNA sequencing market is expected to reach $20.9 billion in 2027 at a CAGR of 15.3%.
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Advancements in single-cell DNA sequencing technologies are a key trend gaining popularity in the DNA sequencing market. Major companies operating in the DNA sequencing market are adopting new technologies to sustain their position in the market. For instance, in May 2023, Mission Bio Inc., a US-based biotechnology company, launched Tapestri v3, an advanced version of high-throughput single-cell DNA and multi-omics analysis platform. Tapestri v3 features breakthrough improvements in chemistry, significantly enhancing the detection of rare cells for various applications. With improved cell capture capabilities, researchers can now uncover deficient numbers of single cells that were previously undetectable, enabling a deeper understanding of the disease. This enhanced technology holds promise for applications like measurable residual disease (MRD) assessment in cancer, where Tapestri v3 enables the detection of relapse-driving clones that were previously missed. Additionally, it offers benefits for cell and gene therapy developers by enabling quality assessment at the single-cell level.
The dna sequencing market is segmented:
1) By Product: Instruments, Consumables, Services
2) By Technology: Third Generation DNA Sequencing, Next-Generation Sequencing, Sanger Sequencing
3) By Application: Diagnostics, Biomarkers And Cancer, Reproductive Health, Personalized Medicine, Forensics, Other Applications
4) By End User: Hospitals And Healthcare Organizations, Academics And Research Institutions, Pharmaceutical And Biotechnology Companies, Other End Users
North America was the largest region in the dna sequencing market in 2022.
The table of contents in TBRC’s dna sequencing market report includes:
1. Executive Summary
2. DNA Sequencing Market Characteristics
3. DNA Sequencing Market Trends And Strategies
4. DNA Sequencing Market – Macro Economic Scenario
5. Global DNA Sequencing Market Size and Growth
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26. South America DNA Sequencing Market
27. Brazil DNA Sequencing Market
28. Middle East DNA Sequencing Market
29. Africa DNA Sequencing Market
30. DNA Sequencing Market Competitive Landscape And Company Profiles
Top Major Players:
- Hoffmann-La Roche Ltd
- Abbott Laboratories Inc
- Thermo Fisher Scientific Inc
- Danaher Corporation
- Merck KGaA
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