With CAGR of 17.45%, DNA Sequencing & Next-Generation Sequencing Market is Growing Rapidly with Value of USD 50.04 billion by 2029

DNA Sequencing and Next-Generation Sequencing market document plays very essential role when it is about achieving an incredible growth in the business. Whether it is about renewing a business plan, preparing a presentation for a key client, or giving recommendations to an executive, this market report will surely help to a degree. The report is composed of myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis and key company profiles.

An international DNA Sequencing and Next-Generation Sequencing market analysis report defines CAGR value fluctuation during the forecast period of 2022-2029 for the market. It is the most appropriate, rational and admirable market research report provided with a devotion and comprehension of business needs. The market report also contains the drivers and restraints for the market that are obtained with the help of SWOT analysis, and also shows all the recent developments, product launches, joint ventures, mergers, and acquisitions by the several key players and brands with their systemic company profiles, that are driving the market.

Data Bridge Market Research analyses that the DNA sequencing and next-generation sequencing market which was USD 13.82 billion in 2021, would rocket up to USD 50.04 billion by 2029, and is expected to undergo a CAGR of 17.45% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Some of The Major Companies That Are Covered In This Report:

• Illumina Inc. (U.S)
• Thermo Fischer Scientific Inc. (U.S)
• Oxford Nanopore Technologies plc (U.K)
• Agilent Technologies, Inc. (U.S)
• BGI (China)
• PerkinElmer Inc. (U.S)
• QIAGEN (Germany)
• Eurofins Scientific (Luxembourg)
• F. Hoffmann-La Roche Ltd (Switzerland)
• Takara Bio Inc. (Japan)
• GENEWIZ, Inc. (U.S)
• Hamilton Company (U.S)
• Macrogen Inc. (South Korea)
• Zymo Research Corporation(U.S)
• Tecan Trading AG (Switzerland)

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High-throughput sequencing is another name for next-generation sequencing. NGS allows for fast base pair sequencing of DNA samples. NGS is advancing drug development and paving the way for future personalized medicine, genetic illnesses, and clinical diagnostics. Furthermore, next-generation sequencing (NGS) is a massively parallel sequencing method capable of determining the order of nucleotides in a full genome with scalability, ultra-high throughput, and rapid speed.

Drivers

• Increasing number of cancer cases

The increasing number of cancer cases around the world, rising research studies, increasing collaborations between research institutes and market players, as well as rising applications of DNA next generation sequencing and technological advancements in sequencing technologies, are all contributing to the growth of the DNA next generation sequencing market. The lack of experienced specialists, on the other hand, is likely to have a significant impact on the overall growth of the DNA next generation sequencing industry.

• Rising R&D activities for developing novel next generation sequencing technologies

Over the forecast period, the need for next-generation sequencing methods will grow as R&D activities for treatments used in the treatment of genetic disorders increase. A substantial market demand will be created as R&D investments increase and the number of studies related to the treatment of genetic disorders among individuals grows. Governments in industrialised economies have implemented a number of programmes and laws to encourage scientists and researchers to explore treatments for chronic and rare diseases.

• Increasing advantages of next generation sequencing techniques

In 2020, the academic institutes and research centres end-use category accounted for 45 percent of the market. Hospitals choose next-generation sequencing techniques because they can deliver clinical diagnosis in less time, which helps the market grow. In addition, next-generation sequencing can be utilised to collect the most up-to-date data and identify transmission links in order to avoid infections across hospital settings, which will boost market revenue.

Opportunities

The modifications and automation of this technique increased sequencing data while also helping researchers to better manage time, allowing them to attain important milestones in the Human Genome Project. Sequence-based gene expression analysis is now a “digital” alternative to analogue techniques. Genome sequencing has improved to the point where it is now simple and accurate. In the near future, these technical improvements are projected to enhance the size of the DNA next generation sequencing industry.

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The geographic regions and countries covered in the study include:

North America, South America, Asia and Pacific Region, Middle east and Africa and Europe.

The Key Points of Global DNA Sequencing & Next-Generation Sequencing Market – The Global DNA Sequencing & Next-Generation Sequencing Market trend study is based upon the CAGR calculated between 2021 and 2028. It includes all information about the market’s top manufacturers, consumers, distributors, and key players. To study the industry’s performance within each region, we determine the Global DNA Sequencing & Next-Generation Sequencing Market share as well as its growth rate. This Research report gives a significant wellspring of wise for business tacticians and serious examination of the worldwide market.

Recent Development

• In December 2020, Eurofins Genomics has released SARS-CoV-2 NGS services that are both cost-effective and optimised, allowing for entire viral genome sequencing.
• In May 2020, Roche introduced the KAPA Target Enrichment portfolio and the KAPA HyperExome whole-exome research panel for target enrichment during sequencing.

The DNA sequencing and next-generation sequencing market is segmented on the basis of product, type, technology, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Instruments
• Consumables
• Services

Type

• Whole genome sequencing
• Exome sequencing
• Targeted sequencing
• Others

Application

• Research application
• Clinical application
• Others

Technology

• Sequencing by synthesis
• Ion semiconductor sequencing
• Others

End-user

• Academic institutes and research centers
• Hospitals and clinics
• Pharmaceutical and biotechnology companies
• Others

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Table of Contents: DNA Sequencing and Next-Generation Sequencing Market

1 Introduction
2 Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Covid-19 Impact on DNA Sequencing and Next-Generation Sequencingin Healthcare Industry
7 DNA Sequencing and Next-Generation Sequencing Market, by Product Type
8 DNA Sequencing and Next-Generation Sequencing Market, by Modality
9 DNA Sequencing and Next-Generation Sequencing Market, by Type
10 DNA Sequencing and Next-Generation Sequencing Market, by Mode
11 DNA Sequencing and Next-Generation Sequencing Market, by End User
12 DNA Sequencing and Next-Generation Sequencing Market, by Geography
13 DNA Sequencing and Next-Generation Sequencing Market, Company Landscape
14 Swot Analysis
15 Company Profiles
16 Questionnaire
17 Related Reports

This study answers to the below key questions:

1 What will the market size be in 2029?

2 What are the key factors driving the DNA Sequencing and Next-Generation Sequencing Market?

3 What are the challenges to market growth?

4 Who are the key players in the DNA Sequencing and Next-Generation Sequencing Market?

5 What are the market opportunities and threats faced by the key players?

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