The Short Read Sequencing Global Market Report 2023, provides comprehensive information on the short read 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 short-read sequencing market size is expected to grow from $4.82 billion in 2022 to $5.74 billion in 2023 at a compound annual growth rate (CAGR) of 19%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of short-read sequencing market is expected to reach $11.08 billion in 2027 at a CAGR of 17.9%.
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Technology advancements are the key trend gaining popularity in the short-read sequencing market. Major companies involved in the short-read sequencing market are focused on technology advancements to improve their observation power and sustain their position in the market. For instance, in October 2022, Pacific Biosciences Inc, a US-based producer of excellent, highly accurate sequencing technologies, launched external beta testing of the Onso sequencing system. The system was designed to provide precise data while also being cost-effective. The short-read platform was developed to give oncology researchers sensitive and specific targeted sequence analysis findings
The short read sequencing market is segmented:
1) By Product: Instruments, Consumables, Services.
2) By Technology: Next-Generation Sequencing, Sanger Sequencing.
3) By Workflow: Pre-Sequencing, Sequencing, Data Analysis.
4) By Application: Clinical Investigation, Oncology, Reproductive Health, Consumer Genomics, Agri genomics and Forensics, HLA Typing/ Immune System Monitoring.
5) By End Users: Academic Research, Hospitals and Clinics, Clinical Research, Pharmaceutical and Biotechnology Companies.
North America was the largest region in the short read sequencing market in 2022.
The table of contents in TBRC’s short read sequencing market report includes:
1. Executive Summary
2. Short-Read Sequencing Market Characteristics
3. Short-Read Sequencing Market Trends And Strategies
4. Short-Read Sequencing Market – Macro Economic Scenario
5. Short-Read Sequencing Market Segmentation
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26. South America Short-Read Sequencing Market
27. Brazil Short-Read Sequencing Market
28. Middle East Short-Read Sequencing Market
29. Africa Short-Read Sequencing Market
30. Short-Read Sequencing Market Competitive Landscape And Company Profiles
Top Major Players:
- F. Hoffmann-La Roche AG
- Thermo Fisher Scientific Inc
- GE HealthCare Technologies Inc
- Cytiva Lifesciences
- Eurofins Scientific SE
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