Global Sangers Sequencing Service Market Growth (Status and Outlook) 2024-2030

Global Sangers Sequencing Service Market Growth (Status and Outlook) 2024-2030

According to our LPI (LP Information) latest study, the global Sangers Sequencing Service market size was valued at US$ 279.8 million in 2023. With growing demand in downstream market, the Sangers Sequencing Service is forecast to a readjusted size of US$ 495.5 million by 2030 with a CAGR of 8.5% during review period.

The research report highlights the growth potential of the global Sangers Sequencing Service market. Sangers Sequencing Service are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Sangers Sequencing Service. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Sangers Sequencing Service market.

DNA sequencing refers to the methods and technologies that used to determine the orders of nucleotide bases in a DNA molecule, namely adenine (A), guanine (G), cytosine (C) and thymine (T). DNA sequencing enables us to perform a thorough analysis of DNA because it provides us with the most basic information of all: the sequence of nucleotides. The knowledge of DNA sequences has formed the basis of basic biological researches and clinical genetic diagnosis. There are also numerous applied technology fields such as biotechnology, forensic science and biological systematics that are heavily dependent on the information generated through DNA sequencing. The rapid speed of sequencing attained with modern DNA sequencing technology has been instrumental in the sequencing of the human genome, in the Human Genome Project. Related projects, often by scientific collaboration across continents, have generated the complete DNA sequences the genomes of many animals, plants, and microorganisms. The Sanger method, also referred to as dideoxynucleotide sequencing or chain termination sequencing, is based on the use of dideoxynucleotide (ddNTP) in addition to the normal nucleotides (dNTP) found in DNA. Dideoxynucleotide are essentially the same as nucleotides except they contain a hydrogen group on the 3’ carbon instead of a hydroxyl group (OH). These modified nucleotides, when integrated into a DNA sequence, prevent the addition of further nucleotides thus stop the elongation of the DNA chain. This occurs because a phosphodiester bond cannot form between the dideoxynucleotide and the next incoming nucleotide, and thus the DNA chain is terminated.

Global Sanger Sequencing Service key players include Eurofins, Thermofisher, Genewiz, Nucleics, SciGenom Labs, etc. Global top five manufacturers hold a share about 70%. United States is the largest market, with a share about 25%, followed by Europe and China, both with a share about 20 percent. In terms of product, PCR amplicons is the largest segment, with a share about 60%. And in terms of application, the largest application is Institutions, followed by Bioscience Companies, Hospitals.

Key Features:

The report on Sangers Sequencing Service market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Sangers Sequencing Service market. It may include historical data, market segmentation by Type (e.g., Shotgun Sequencing, Targeted Gene Sequencing), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Sangers Sequencing Service market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Sangers Sequencing Service market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Sangers Sequencing Service industry. This include advancements in Sangers Sequencing Service technology, Sangers Sequencing Service new entrants, Sangers Sequencing Service new investment, and other innovations that are shaping the future of Sangers Sequencing Service.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Sangers Sequencing Service market. It includes factors influencing customer ' purchasing decisions, preferences for Sangers Sequencing Service product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Sangers Sequencing Service market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Sangers Sequencing Service market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Sangers Sequencing Service market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Sangers Sequencing Service industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Sangers Sequencing Service market.

Market Segmentation:

Sangers Sequencing Service market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Segmentation by type
Shotgun Sequencing
Targeted Gene Sequencing
Others

Segmentation by application
Academic and Government Research Institutes
Pharmaceutical Companies
Biotechnology Companies
Hospitals and Clinics

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Source BioScience
GenScript Biotech
Thermo Fisher Scientific
LGC Science Group
Fasteris
CeMIA
Quintara Biosciences
GenHunter
GENEWIZ
Nucleics
SciGenom Labs
Microsynth
Laragen
StarSEQ

Please note: The report will take approximately 2 business days to prepare and deliver.