Global DNA Sequencing Market 2022-2028
DNA sequencing is a laboratory technique used to determine the exact sequence of bases (A, C, G, and T) in a DNA molecule. The DNA base sequence carries the information a cell needs to assemble protein and RNA molecules. DNA sequence information is important to scientists investigating the functions of genes. According to Gen Consulting Company, the global DNA sequencing market is set to achieve an incremental growth of USD 29 million, acelerating at a CAGR of almost 18.1% during the forecast period 2022-2028.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global DNA sequencing market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the DNA sequencing industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, sequencing type, application, and region. The global market for DNA sequencing can be segmented by product: sequencing services, sequencing instruments, sequencing consumables, sequencing informatics. Sequencing services held the highest share in the global dna sequencing market. However, the sequencing informatics segment is forecast to register the highest CAGR during the forecast period 2022 - 2028. DNA sequencing market is further segmented by sequencing type: next generation sequencing (NGS), sanger sequencing, others. The NGS segment is estimated to account for the largest share of the global DNA sequencing market. Based on application, the DNA sequencing market is segmented into: applied, clinical, research. On the basis of region, the DNA sequencing market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW). In 2021, North America made up the largest share of revenue generated by the DNA sequencing market.
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