DNA Sequencing Market Size USD 12.6 Billion by 2028 - Vantage Market Research
Vantage Market Research recently published a report on DNA Sequencing Market, and consistent growth is predicted. Despite the industry's volatility, various factors could impact its development or demise. This study examines current trends and potential developments to provide a comprehensive industry overview. It also details the industry's key players and their expansion strategies.Global DNA Sequencing Market is valued at USD 4.8 Billion in 2021 and is projected to reach a value of USD 12.6 Billion by 2028 at a CAGR (Compound Annual Growth Rate) of 17.5% over the forecast period.
According to Vantage Market Research, some of the key factors anticipated to accelerate the DNA Sequencing Market growth over the forecast period. The growth of the DNA Sequencing Market will be influenced by several important factors, including the increasing prevalence of genetic diseases (or chromosomal disorders), the growing preference for personalized medicine as a result of rising demand for targeted therapies, and the development of technological advancements like third-generation sequencing. Additionally, the increased emphasis on research and development efforts on genetic and infectious disorders and drug development in industry and academia will fuel market expansion in the upcoming years.
In recent years, the cost of DNA sequencing has fallen dramatically, making it more accessible for a wider range of research applications and clinical uses. For instance, in 2020, the average cost for a full human genome sequence was $3,000; by 2022, this price is expected to fall to $1,500. Additionally, new sequencing technologies are being developed that are more accurate and faster than ever before. For example, a technique called “deep sequencing” can sequence an entire genome in less than 24 hours. Another market trend that is expected to continue through 2022 is the growth of gene therapy products. Gene therapy products are treatments that use genes to repair or prevent disease.
The report also provides crisp information such as:
Top 5 strategies followed by the major players,
Top 5 predictions of the market
Top 5 trends to watch and lot of other information
Key Primary Respondents - VERBATIM
Recommendations by Vantage Market Research
A separate chapter for every region with bifurcation of almost 22 countries and more
The report can be provided in all three formats , PDF ,Excel Deliverable and Power Point Presentation.
The report can be procured easily and at a very competitive price.
For more such information, click on the link : https://www.vantagemarketresearch.com/industry-report/dna-sequencing-market-1896
Twitter : https://twitter.com/vantagemarketr
LinkedIn : https://www.linkedin.com/company/vantage-market-research/
Facebook : https://www.facebook.com/vantagemarketresearch
Blog : https://www.vmr.biz/blog/dna-sequencing-market-094267
According to Vantage Market Research, some of the key factors anticipated to accelerate the DNA Sequencing Market growth over the forecast period. The growth of the DNA Sequencing Market will be influenced by several important factors, including the increasing prevalence of genetic diseases (or chromosomal disorders), the growing preference for personalized medicine as a result of rising demand for targeted therapies, and the development of technological advancements like third-generation sequencing. Additionally, the increased emphasis on research and development efforts on genetic and infectious disorders and drug development in industry and academia will fuel market expansion in the upcoming years.
In recent years, the cost of DNA sequencing has fallen dramatically, making it more accessible for a wider range of research applications and clinical uses. For instance, in 2020, the average cost for a full human genome sequence was $3,000; by 2022, this price is expected to fall to $1,500. Additionally, new sequencing technologies are being developed that are more accurate and faster than ever before. For example, a technique called “deep sequencing” can sequence an entire genome in less than 24 hours. Another market trend that is expected to continue through 2022 is the growth of gene therapy products. Gene therapy products are treatments that use genes to repair or prevent disease.
The report also provides crisp information such as:
Top 5 strategies followed by the major players,
Top 5 predictions of the market
Top 5 trends to watch and lot of other information
Key Primary Respondents - VERBATIM
Recommendations by Vantage Market Research
A separate chapter for every region with bifurcation of almost 22 countries and more
The report can be provided in all three formats , PDF ,Excel Deliverable and Power Point Presentation.
The report can be procured easily and at a very competitive price.
For more such information, click on the link : https://www.vantagemarketresearch.com/industry-report/dna-sequencing-market-1896
Twitter : https://twitter.com/vantagemarketr
LinkedIn : https://www.linkedin.com/company/vantage-market-research/
Facebook : https://www.facebook.com/vantagemarketresearch
Blog : https://www.vmr.biz/blog/dna-sequencing-market-094267
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DNA Sequencing Market Size USD 12.6 Billion by 2028 - Vantage Market Research
Vantage Market Research
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