DNA Sequencing Market, by Product Type (Consumables, Instruments, and Services), by Technology (Sanger Sequencing, Next-Generation Sequencing, Third- Generation DNA Sequencing, and Others), by Application (Oncology, Reproductive Health, Clinical Investigation, Agrigenomics & Forensics, Metagenomics, Epidemiology & Drug Development, and Others), by End User (Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Clinical Research, and Others), by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
DNA sequencing is a process of determining the sequence of nucleic acids (the order of nucleotides in DNA). This includes any method or technique used to determine the order of the four bases: adenine, guanine, cytosine, and thymine. There are two types of DNA sequencing: shotgun and high-throughput. Shotgun (Sanger) sequencing is the more traditional approach, which is designed for sequencing the entire chromosomes or long DNA strands with more than 1,000 base pairs. High-throughput sequencing is also known as next-generation sequencing (NGS).
DNA sequencing is a process that is used to determine the order of nucleotides in a specific DNA molecule. DNA sequencing is used for a range of purposes, including diagnosis and treatment of diseases.
Market Dynamics
Increasing adoption of organic growth strategies, such as product launches by key players in the market to expand their product portfolio, is expected to drive the market growth over the forecast period. For instance, in May 2020, F. Hoffmann-La Roche Ltd, a pharmaceutical company, announced the launch of a new exome and custom KAPA target enriched portfolio for translational and clinical research applications in the sequencing. This new product provided researchers with a streamlined and fully automatable sample preparation workflow which decreased the hands-on and turnaround time.
The increasing adoption of organic growth strategies such as product launches by key players in the market to expand product portfolio is expected to drive the market growth over the forecast period. For instance, in November 2021, Pacific Biosciences of California, Inc., a U.S.-based biotechnology company, announced the launch of HiFiViral SARS-CoV-2 Kit, a kit that provided solutions for COVID-19 surveillance, which helped public health laboratories in identifying new SARS-CoV-2 variants and detected all variants circulating within a population.
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