DNA Sequencing Market – Top Trend Boosting The Market Growth In US
DNA Sequencing Market will register a CAGR of 19% during 2020-2024. The market’s
growth momentum will Accelerate.
Growing adoption of NGS | Increasing affordability
of DNA sequencing | Expanding applications of DNA sequencing will be one of the
major factors driving the growth of this market. Additionally, key DNA
Sequencing Market trends such as the Emergence of third-generation sequencing
methods | Development of sophisticated bioinformatics tools for NGS |
Automation of DNA Sequencing will also influence market growth during the
forecast period.
DNA Sequencing
Market Size
During the forecast period, the DNA Sequencing
Market size will grow by $ 17.92 bn.
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DNA Sequencing
Market : Vendors
The market is fragmented and owing to the growth
opportunities, the level of competition among the companies in this market
space will intensify further. are some of the major companies in the DNA
Sequencing Market. Though the forecast period offers opportunities for vendors
to increase their market share, factors such as the Inadequate resources
for DNA sequencing in developing countries | Limitations of DNA sequencing
technologies | Unfavorable reimbursement scenario will also challenge the
growth of the companies.
Agilent Technologies Inc. | BGI Genomics Co. Ltd. |
Bio-Rad Laboratories Inc. | Danaher Corp. | Eurofins Scientific SE | F.
Hoffmann-La Roche Ltd. | Illumina Inc. | PerkinElmer Inc. | QIAGEN NV | Thermo
Fisher Scientific Inc..list
are some of the companies covered in Technavio’s DNA
Sequencing Market report for 2021-2025.
DNA Sequencing
Market : Region-level Analysis
The report identifies region-level market dynamics,
developments, and key markets. The regional level analysis also identifies the
market share, growth momentum, and key leading countries in the DNA Sequencing
Market.
The North America will account for the largest DNA
Sequencing Market share and during 2021-2025, the region will contribute
to 33% of the market’s growth.
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