DNA Sequencing Market Is Estimated To Witness High Growth Owing To Technological Advancements

DNA Sequencing Market Research Report: By Type (Workflow Products and Others), Product (Sequencing Services and Others), Technology (Semiconductor Sequencing and Others), Application (Diagnostics and Others), End- Forecast Till 2027Market SynopsisAccording to the analysis conducted by Market Research Future (MRFR), the global DNA sequencing market is projected to acquire a significant market value, thriving at a CAGR of 17.64% during the forecast period from 2018 to 2023.

Further, projects such as the human genome and the increasing adoption of genetics for livestock and agriculture research is likely to create a conducive environment for lucrative opportunities.

In addition, benefits such as low cost, accuracy, quick result, and precise results are other factors that are likely to accelerate the market significantly.

Also, the rising technological development in DNA sequencing, along with the increased R investment, is further estimated to stimulate the global market.On the contrary, concerns related to public health and safety is likely to pose a hurdle for market growth.

Further, lack of expertise, expensive equipment, and ethical issues, algorithmic challenges are projected to be other significant factors obstructing market growth.

However, factors like personal genomics and personalized medicines, digital storage of digital DNA is likely to counter the impeding factors.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/5774 Market SegmentationThe segment analysis of the global DNA sequencing market is done by a process, type, technology, technique, applications, and end-user.The process-based segments of the global DNA sequencing market are sample preparation, sequencing, data analysis, and others.The type-based segments of the global DNA sequencing market are workflow products and instruments and consumables services.The technology-based segments of the global DNA sequencing market are chain terminator DNA sequencing, next-generation DNA sequencing, and others.The technique-based segments of the global DNA sequencing market are Nanopore sequencing pyro-sequencing, ion semiconductor sequencing, synthesis sequencing (SBS), single-molecule real time sequencing (SMRT), ligation sequencing, chain termination sequencing, and others.The applications-based segments of the global DNA sequencing market are drug discovery, diagnostics, precision medicine, agriculture research, livestock research, and others.The end-user based segments of the global DNA sequencing market are forensics, hospitals and clinics, genomics and livestock’s, pharmaceutical and biotechnology industry academics and research institutes, and others.Regional AnalysisBased on the region, the global DNA sequencing market is segmented into the Americas, Asia-Pacific Europe, and the Middle East and Africa.

DNA Sequencing Market Scenario:DNA is composed of repeated units of four bases adenine, guanine, cytosine, and thymine.

DNA sequencing involves determining the precise nucleotides order in a DNA molecule.Market Dynamics:DriversThe drivers of the DNA sequencing market are adoption of precision medicine, growth in complimentary industries and applications such as biotechnology, forensic biology, virology and molecular biology.

Projects such as human genome project and the growing adoption of genetics for livestock and agriculture research is providing new avenues for the market.Avail a Amazing Report@ https://www.marketresearchfuture.com/sample_request/5774 Next generation sequencing finds extensive use in cancer research due to its advantages over traditional genomic analysis methods such as ability to measures real time nucleotides addition to a DNA molecule low cost, high accuracy, speed, and precision, low sample requirements.

Development of the DNA field-effect transistor (DNAFET) is opening up another vista for the market.

DNAFET uses field-effect exploiting the partial charges of DNA molecules which functions as a biosensor.

DNAFET measures charge distribution on complementary DNA strands, and converts them into current transport through the semiconductor transducer.RestraintsThe restraints include high cost of development and maintenance, nascent state of the technology, concerns about data safety, ethical considerations and others.Segments:The global DNA sequencing market is segmented on the basis of devices, process, technology, applications, technique, end users and regions so as to gain an accurate assessment of the market.Based on the types, the market has been segmented as instruments, consumables and others.

This was introduced in the year 2005 for commercial use.

Previously, this particular method was known as the massively-parallel sequencing.

The NGS sequencing services known so because it contributes to enabling the sequencing of several DNA strands all at the same time.

Nowadays, these technologies are mostly used in the genetic analysis environment.

In this aspect, Sanger sequencing is best for analyzing the small number of samples and gene targets.

Global Targeted DNA/RNA Sequencing Market is expected to reach USD 15.9 billion by 2025.

The technique enables researchers to analyze data, focus time, and expenses on target areas of interest and allows sequencing at advanced exposure levels.

Targeted gene sequencing panels are important tools for analyzing precise mutations in a specified sample.Next-generation sequencing (NGS) is a technique that plays important role in targeted sequencing and offers the resolution, scalability, and speed to assess targeted genes of interest.

Moreover, targeted gene sequencing makes the study easier and produces smaller and manageable data set.

The Targeted DNA/RNA Sequencing Market is estimated to grow at a significant CAGR over the future period as the scope and its applications are rising enormously across the globe.Targeted DNA/RNA Sequencing Market is segmented based on method, types, applications, end users, and region.

The market may be categorized based on applications like drug discovery, human biomedical research, plant & animal sciences, and others.