Global Dna Sequencing Market 2024-2028

Global DNA Sequencing Market 2024-2028

Technavio has been monitoring the DNA sequencing market and is forecast to grow by USD 17344.5 mn during 2023-2028, accelerating at a CAGR of 20.01% during the forecast period. Our report on the dna sequencing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of ngs, increasing affordability of DNA sequencing, and expanding applications of DNA sequencing.

Technavio's DNA sequencing market is segmented as below:

By End-user

• Academic research
• Clinical research
• Hospitals and clinics
• Pharmaceutical and biotechnology companies

By Solution

• Products
• Services

By Geographical Landscape

• North America
• Europe
• Asia
• Rest of World (ROW)

This study identifies the emergence of third-generation sequencing methods as one of the prime reasons driving the DNA sequencing market growth during the next few years. Also, development of sophisticated bioinformatics tools for NGS and automation of DNA sequencing will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the DNA sequencing market covers the following areas:

• DNA sequencing market sizing
• DNA sequencing market forecast
• DNA sequencing market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading DNA sequencing market vendors that include 10X Genomics Inc., Abbott Laboratories, Agilent Technologies Inc., Azenta Inc., Becton Dickinson and Co., BGI Genomics Co. Ltd., Bio Rad Laboratories Inc., Danaher Corp., Eurofins Scientific SE, F. Hoffmann La Roche Ltd., Illumina Inc., Laboratory Corp. of America Holdings, Macrogen Inc., Merck KGaA, Pacific Biosciences of California Inc., PerkinElmer Inc., QIAGEN NV, SeqLL Inc., Tecan Trading AG, and Thermo Fisher Scientific Inc.. Also, the DNA sequencing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.