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Immune Repertoire Sequencing Market Projection By Technology, Top Key Players, Demand, Segment, Regional Analysis Revenue Forecast Till - 2026
Immune Repertoire Sequencing Market 2022
The global Immune Repertoire Sequencing Market is expected to stimulate at a good rate In Upcoming Years. Virtual consultations are amongst the ongoing trends. They mitigate the spreading of contagious ailments, thereby facilitating better efficiency. The gap regarding the demand-supply ratio could also be bridged this way. With this practice being followed, the developing economies would benefit better, as the cost to commute could be curtailed.
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Persistence Market Research (PMR) delivers the key insights on the immune repertoire sequencing market in its upcoming report titled "Immune Repertoire Sequencing Market - Global Industry Analysis 2013 - 2017 and Forecast 2018 - 2026". In terms of revenue, the immune repertoire sequencing market is projected to register a CAGR of 7.3% over the forecast period, owing to various factors, regarding which PMR offers detailed insights and forecasts in this report.
The immune repertoire sequencing market is segmented based on product type, application, end users and regions. Based on product type, the immune repertoire sequencing market is segmented into assay kits, software and services. The assay kits is expected to be the leading segment in the immune repertoire sequencing market and grow at a CAGR of 7.7% over the forecast period. Based on application, the immune repertoire sequencing market is segmented into cancer immunotherapy, infectious diseases, vaccine development and efficacy, transplant rejection & tolerance, autoimmune disease and biomarker discovery.
The cancer immunotherapy segment in the immune repertoire sequencing market is expected to account a high revenue share and grow at a CAGR of 8.7% over the forecast period. Based on end users, the immune repertoire sequencing market is segmented into academic institutes and research centres. The research centres is expected to be the leading segment in the immune repertoire sequencing market over the forecast period, growing at a CAGR of 7.6%.
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The growth of the immune repertoire sequencing market is primarily driven by increasing prevalence of cancer and other infectious diseases and growing awareness for development of cell-mediated immunotherapies globally. In addition, other factors which is expected to propel the growth of the global Immune Repertoire Sequencing market include increase in healthcare expenditure, demand for genomic based research, increase in sequencing based projects, advancement in sequencing tools (pre-sequencing, bioinformatics solutions and cloud computing).
Besides, exceptional developments by China and Japan for integration of new technologies in biomedical research including advancement in genome sequencing is also expected to propel the growth of the immune repertoire sequencing market. The substantial price drop in high throughput sequencing is also expected to contribute to the growth of the immune repertoire sequencing market, particularly in underdeveloped countries of Latin America and MEA.
This report assesses the trends that are driving the growth of each segment of the immune repertoire sequencing market on the global as well as regional level, and offers potential takeaways that could prove substantially useful for the manufacturers planning to enter the immune repertoire sequencing market.
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Examples of some of the key players covered in the report of the immune repertoire sequencing market are Illumina, Takara Bio Inc, BGI, Thermo Fischer Scientific, and F. Hoffmann-La Roche Ltd, among others. The companies are focusing on developing new software-based platforms and improved assay-based kits for immune repertoire sequencing. However, the high cost associated with certain sequencing platforms and data analytic services are expected to hinder the growth of the immune repertoire sequencing market over the forecast period.
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