LONDON--(BUSINESS WIRE)--According to the latest market research report released by Technavio, the global DNA sequencing market is expected to accelerate at a CAGR of almost 21% during the forecast period. The all-inclusive cost structure of sequencing products is one of the key factors triggering the growth of the market.
This research report titled ‘Global DNA Sequencing Market 2018-2022’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global DNA sequencing market into the following products:
- Services
- Instruments, reagents, and consumables
In 2017, the services segment accounted for 48% of the global market due to the demand for DNA sequencing services.
Global DNA sequencing market: Top emerging trend
Increasing adoption in clinical workflows is an emerging trend in the DNA sequencing market space. The increased adoption of sequencing services in life sciences encourages researchers in healthcare to integrate DNA sequencing data into clinical workflows. Currently, only a small number of clinics have worked on sequencing data in personalized healthcare. The penetration of DNA sequencing products and services into healthcare is estimated to increase during the forecast period owing to the increased awareness of genetic testing in patient care among clinicians and patients.
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Technavio’s report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global DNA Sequencing Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (services and instruments, reagents, and consumables)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (BGI, F. Hoffmann-La Roche, Illumina, Pacific Biosciences of California, and Thermo Fisher Scientific)
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