Global Sequencing Reagents Market, By Technology (Sanger Sequencing, NGS, Third Generation Sequencing), Type (Library Kits, Template Kits, Control Kits, Sequencing Kits, Others), Application (Oncology, Reproductive Health, Clinical Investigation, Agrigenomics & Forensics, Others), End-User (Academic Research, Clinical Research, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Sequencing Reagents Market
Data Bridge Market Research analyses that the sequencing reagents market to account USD 15.51 billion by 2028 growing at a CAGR of 13.24% in the forecast period of 2021-2028.
Sequencing reagents are defined as specific substances which are used in a variety of sequencing-related research projects. These reagents operate on the same concept as traditional reagents which are required for initiating a chemical reaction. These compounds are made up of a variety of components that work together to produce the desired reaction in a research study.
Developments of techniques of sequencing and reduced costs of genetic sequencing are the major factors that will influence the growth of sequencing reagents market. Furthermore, surge in the adoption of sequencing techniques and various innovations are the driving factor accelerating the growth of the sequencing reagents market.
Rising level of funding activities for various research and development activities and other applications will further provide beneficial opportunities for the market growth.
However, lack of favourable reimbursement policies coupled with the rise in regulatory presence for next-generation sequencing techniques will obstruct the market growth. Concerns related to social and ethical issues of sequencing methods will challenge the sequencing reagents market.
This sequencing reagents market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on sequencing reagents market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Sequencing Reagents Market Scope and Market Size
The sequencing reagents market is segmented on the basis of technology, type, application and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of technology, the sequencing reagents market is segmented into sanger sequencing, NGS and third generation sequencing.
- On the basis of type, the sequencing reagents market is segmented into library kits, template kits, control kits, sequencing kits and others.
- On the basis of application, the sequencing reagents market is segmented into oncology, reproductive health, clinical investigation, agrigenomics & forensics and others.
- On the basis of end-user, the sequencing reagents market is segmented into academic research, clinical research, hospitals & clinics, pharmaceutical & biotechnology companies and others.
Sequencing Reagents Market Country Level Analysis
The sequencing reagents market is analysed and market size insights and trends are provided by country, technology, type, application and end-user as referenced above.
The countries covered in the sequencing reagents market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the sequencing reagents market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the presence of major players and well-established economies in this region. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period due to the development of technology and rise in the adoption of sequencing techniques.
The country section of the sequencing reagents market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The sequencing reagents market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for sequencing reagents market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the sequencing reagents market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Sequencing Reagents Market Share Analysis
The sequencing reagents market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to sequencing reagents market.
The major players covered in the sequencing reagents market report are Meridian; Illumina, Inc.; F. Hoffmann-La Roche Ltd; Thermo Fisher Scientific Inc.; Merck KGaA; LGC Limited; Fluidigm Corporation; Agilent Technologies, Inc.; Oxford Nanopore Technologies; QIAGEN; BGI; Pacific Biosciences of California, Inc.; Takara Bio Inc.; Avantor, Inc.; New England Biolabs; TriLink BioTechnologies; BioChain Institute Inc.; FroggaBio Inc.; BioLegend, Inc.; Tecan Trading AG among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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