DNA sequencing is categorized into first-generation, secondand next-generation, and emerging technologies. Emerging DNA sequencing technologies are cost-effective and offer more rapid and accurate results than other generation technologies. These technologies find application in the areas of diagnostics, drug and biomarker discovery, personalized medicine, and agriculture and animal research.
The Human Genome Project was the first joint initiative of various organizations to map the human genome involved over 200,000 scientists and researchers. The research scientists used the Sanger method for DNA sequencing, and it took nearly 13 years for its completion and cost USD 3 billion. Since the project\'s completion, DNA sequencing technologies have undergone major transformations over the years. Scientists are using new-age technologies, such as Illumina sequencing and 454 sequencing methods for genome mapping, which costs less and takes a shorter duration for completion. Moreover, a significant reduction in sequencing costs has led many countries to invest in research and development and offer cost-effective solutions whole genome sequencing, de novo sequencing, and accurate disease diagnosis.
The global DNA sequencing products market is highly competitive due to the presence of several established manufacturers that have sizeable market shares. The competition is expected to intensify as manufacturers are investing in product portfolio expansion and engaging in strategic alliances. Global manufacturers are increasingly engaging in M&A of local and regional manufacturers to grow inorganically in the market. Whereas, local and regional manufacturers are likely to form strategic alliances with global players to enter into the emerging markets and expand their consumer base.
The Global DNA Sequencing Products Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global DNA Sequencing Products Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Illumina
Thermo Fisher Scientific
Roche Diagnostics
Pacific Biosciences
AC-Gen Reading Life
Agilent Technologies
Beckman Coulter
Cofactor Genomics
DNA Link
Eurofins MWG Operon
Expression Analysis
GE HealthCare
Otogenetics
Oxford Nanopore
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Reagents and consumables
Equipment
In Market segmentation by applications :
Research institutes
Commercial entities
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the DNA Sequencing Products Market for the forecast period 2020 - 2026?
• What are the driving forces in the DNA Sequencing Products Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the DNA Sequencing Products industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?