Meticulous Research®—a leading global market research company, published a research report titled, ‘Sequencing Kits Market by Type (Nucleic Acid Extraction & Amplification, Library Preparation, Control) Technology (NGS, Sanger) Application (Drug Discovery, Oncology, Reproductive Health, Infectious Diseases) End User - Global Forecast to 2030.’
According to this latest publication from Meticulous Research®, the sequencing kits market along with sequencing reagents is projected to reach $21.9 billion by 2030, at a CAGR of 15.3% during the forecast period. The growth of the sequencing kits market is driven by the increasing prevalence of cancer & genetic disorders, rising healthcare expenditures, increasing funding for research activities, the surge in genome mapping programs, the decreasing costs of sequencing procedures, the growing need for the early detection & prevention of diseases, technological advancements in sequencing products, the improving regulatory and reimbursement scenarios for NGS-based diagnostic tests, and government initiatives promoting the use of sequencing in clinical & research applications. However, the high costs of sequencing kits & reagents and the ethical & legal issues related to DNA sequencing-based diagnosis are factors restraining the growth of this market.
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Additionally, developing portable sequencing technologies and increasing partnerships & collaborations among NGS product manufacturers to expand and improve product offerings are prominent trends in the sequencing kits market.
Sequencing Kits & Reagents Market: Future Outlook
The sequencing kits market along with sequencing reagents is segmented based on type [control kits & reagents, library preparation kits & reagents, nucleic acid extraction & amplification kits & reagents, sequencing kits & reagents, other kits & reagents], technology [next-generation sequencing, sanger sequencing, third & fourth-generation sequencing, other sequencing technologies] application [research applications (drug discovery, agricultural & animal research, other research applications), clinical applications (reproductive health, oncology, infectious diseases, other clinical applications)], end user [pharmaceutical & biotechnology companies, hospitals & diagnostic laboratories, academic & research institutes, other end users], and Geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.
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Geographic Review
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America) and the Middle East & Africa.
Key Players
The key players operating in the sequencing kits market along with sequencing reagents are Illumina, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), PerkinElmer, Inc. (U.S.), QIAGEN N.V. (Netherlands), Agilent Technologies, Inc. (U.S.), Pacific Biosciences of California, Inc. (U.S.), Danaher Corporation (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Oxford Nanopore Technologies Plc. (U.K.), 10X Genomics, Inc. (U.S.), and Beijing Genomics Institute (BGI) (China).
Key questions answered in the report:
Which are the high-growth market segments in terms of type, technology, application, end user, and region/country?
What was the historical market size for sequencing kits market globally?
What are the market forecasts and estimates for the period 2023–2030?
What are the major drivers, restraints, challenges, and opportunities in the global sequencing kits market?
Who are the major players in the global sequencing kits market?
How is the competitive landscape, and who are the market leaders in the global sequencing kits market?
What are the recent developments in the sequencing kits market?
What strategies are adopted by the major players in the sequencing kits market?
What are the geographical trends and high-growth regions/countries?
Download Sample Report Here @
https://www.meticulousresearch.com/download-sample-report/cp_id=5656
Contact Us:
Meticulous Research®
Email-
[email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn-
https://www.linkedin.com/company/meticulous-research Meticulous Research®—a leading global market research company, published a research report titled, ‘Sequencing Kits Market by Type (Nucleic Acid Extraction & Amplification, Library Preparation, Control) Technology (NGS, Sanger) Application (Drug Discovery, Oncology, Reproductive Health, Infectious Diseases) End User - Global Forecast to 2030.’
According to this latest publication from Meticulous Research®, the sequencing kits market along with sequencing reagents is projected to reach $21.9 billion by 2030, at a CAGR of 15.3% during the forecast period. The growth of the sequencing kits market is driven by the increasing prevalence of cancer & genetic disorders, rising healthcare expenditures, increasing funding for research activities, the surge in genome mapping programs, the decreasing costs of sequencing procedures, the growing need for the early detection & prevention of diseases, technological advancements in sequencing products, the improving regulatory and reimbursement scenarios for NGS-based diagnostic tests, and government initiatives promoting the use of sequencing in clinical & research applications. However, the high costs of sequencing kits & reagents and the ethical & legal issues related to DNA sequencing-based diagnosis are factors restraining the growth of this market.
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5656
Additionally, developing portable sequencing technologies and increasing partnerships & collaborations among NGS product manufacturers to expand and improve product offerings are prominent trends in the sequencing kits market.
Sequencing Kits & Reagents Market: Future Outlook
The sequencing kits market along with sequencing reagents is segmented based on type [control kits & reagents, library preparation kits & reagents, nucleic acid extraction & amplification kits & reagents, sequencing kits & reagents, other kits & reagents], technology [next-generation sequencing, sanger sequencing, third & fourth-generation sequencing, other sequencing technologies] application [research applications (drug discovery, agricultural & animal research, other research applications), clinical applications (reproductive health, oncology, infectious diseases, other clinical applications)], end user [pharmaceutical & biotechnology companies, hospitals & diagnostic laboratories, academic & research institutes, other end users], and Geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.
Speak To Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5656
Quick Buy: https://www.meticulousresearch.com/Checkout/23122617
Geographic Review
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America) and the Middle East & Africa.
Key Players
The key players operating in the sequencing kits market along with sequencing reagents are Illumina, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), PerkinElmer, Inc. (U.S.), QIAGEN N.V. (Netherlands), Agilent Technologies, Inc. (U.S.), Pacific Biosciences of California, Inc. (U.S.), Danaher Corporation (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Oxford Nanopore Technologies Plc. (U.K.), 10X Genomics, Inc. (U.S.), and Beijing Genomics Institute (BGI) (China).
Key questions answered in the report:
Which are the high-growth market segments in terms of type, technology, application, end user, and region/country?
What was the historical market size for sequencing kits market globally?
What are the market forecasts and estimates for the period 2023–2030?
What are the major drivers, restraints, challenges, and opportunities in the global sequencing kits market?
Who are the major players in the global sequencing kits market?
How is the competitive landscape, and who are the market leaders in the global sequencing kits market?
What are the recent developments in the sequencing kits market?
What strategies are adopted by the major players in the sequencing kits market?
What are the geographical trends and high-growth regions/countries?
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5656
Contact Us:
Meticulous Research®
Email-
[email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
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