Sanger Sequencing Services Market Size, Shares, Opportunities, Industry Trends and Forecast to 2028
Emergen Research latest document, titled ‘Global Sanger Sequencing Services Market – Forecast to 2028’ is one of the most sought-after market reports involving an in-depth analysis of the global Sanger Sequencing Services market. The report’s authors have offered necessary details on the latest Sanger Sequencing Services market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Sanger Sequencing Services industry entails useful insights into the estimated Sanger Sequencing Services market size, revenue share, and sales & distribution networks.Rapid advancement in sequencing methods, increasing application of Sanger sequencing in molecular biology techniques, and rising funding to accelerate genomics and molecular biology research activities are key factors driving market growth
Sanger sequencing technique is an important tool in molecular biology experiments to determine the correct sequence of DNA molecule. Sanger sequencing leverages a selective integration of chain-termination deoxyribonucleotides during DNA replication process performed in laboratory controlled settings. Sanger sequencing technology has been the most widely used sequencing techniques for decades and can read sequences greater than 500 nucleotides. The longer sequence reads in Sanger sequencing has numerous benefits as compared to other sequencing methods in terms of sequencing of the repeating nucleotides in the genome. Sanger sequencing services offers robust standardized bioinformatics analysis to provide high-quality and accurate results.
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Furthermore, the report provides a comprehensive overview of the Sanger Sequencing Services market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
North America is expected to account for largest revenue share in the global market over the forecast period owing to increasing incidence of cancer and other chronic diseases, rapid advancements in molecular biology and genomics research, and presence of large number of pharmaceutical and biotechnology companies in the region.
Asia Pacific market revenue is expected to expand at a robust revenue CAGR over the forecast period attributed to increasing investment and funding to boost R&D activities, rising incidence of genetic diseases and cancer, availability of advanced research facilities, and growing opportunities in the region.
Key companies in the market include Source BioScience, GenScript Biotech Corporation, Thermo Fisher Scientific, Inc., LGC Science Group Limited, Fasteris SA, ceMIA SA, Quintara Biosciences, GenHunter Corporation, GENEWIZ, Inc., Nucleics, SciGenom Labs Pvt. Ltd.,and Microsynth A.G. Inc.
In May 2021, genome sequencing service provider Macrogen Europe announced it had further boosted its next-generation sequencing capacity with the installation of an additional Illumina NovaSeq 6000 high-throughput sequencing system. The addition of this sequencing system to the broad portfolio of Macrogen Europe’s NGS and Sanger Sequencing services comes amid a growing demand for biomarker and drug discovery applications in immunology, oncology, and metagenomics.
Key Questions Answered in the Report:
What is the growth rate of the Sanger Sequencing Services market? What is the anticipated market valuation of Sanger Sequencing Services industry by 2027?
What are the key growth driving and restraining factors of the Sanger Sequencing Services market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Sanger Sequencing Services industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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For the purpose of this report, Emergen Research has segmented the global Sanger sequencing services market on the basis of application, end-use, and region:
Application Outlook (Revenue, USD Billion; 2018-2028)
Biomarkers & Cancer
End-Use Outlook (Revenue, USD Billion; 2018-2028)
Academic & Research Institutes
Pharmaceutical & Biotechnology Companies
Hospitals & Clinics
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Technological and innovation landscape
Unfolding the prime factors prompting Sanger Sequencing Services market growth:
The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Sanger Sequencing Services market into a broad product spectrum.
The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.
Global Sanger Sequencing Services Market Geographical Landscape – Synopsis:
The report closely studies the growth trajectory of the global Sanger Sequencing Services market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
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