Genome Sequencing Market Size, Share, Growth, Trends, Opportunities and Forecast to 2030

An excellent Genome Sequencing Market report has been mainly designed by keeping in mind the customer requirements which will ultimately assist them in boosting their return on investment (ROI). Explicit and state-of-the-art information have been presented in this industry analysis report which helps industry to be knowledgeable about the types of consumers, consumer's demands and preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying tastes about the specific product already present in the market. The winning Genome Sequencing Market report also provides CAGR (compound annual growth rate) values along with its fluctuations for the specific forecast period.

Data Bridge Market Research analyses that the genome sequencing market, which was USD 16,716.6 million in 2022, would rise to USD 55,564.7 million by 2030 and is expected to undergo a CAGR of 16.2% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Increasing cancer occurrence and the growing applications of next-generation sequencing in cancer research enhance market growth. Numerous genomic surveillance programs were launched country-wise for effective preventive measures. The major market players are working towards expansions, acquisitions, collaborations, and huge capital investments to advance research in genomics to understand rare diseases and assist in drug discovery.

Genome sequencing is the process of mapping and sequencing the unique DNA of any particular person. The genome states the entire blueprint of a person's human body. Genome sequencing helps detect important differences in the genes, which are a bundle of DNA, which can lead to a disease or increase the likelihood of disease. One most commonly used targeted sequencing is to look for single nucleotide polymorphisms (SNPs).

Some of the major players operating in the genome sequencing market are:

Abbott (U.S.)
BioMérieux (France)
B.D. (U.S.)
Danaher (U.S.
Thermo Fisher Scientific Inc., (U.S.)
Siemens (Germany)
Agilent Technologies, Inc, (U.S.)
Merck KGaA (Germany)
Illumina Inc. (U.S.)
QIAGEN (Germany)
Bio-Rad Laboratories, Inc. (U.S.)
Eurofins Scientific (Luxembourg)
Danaher (U.S.)
Oxford Nanopore Technologies plc (U.K.).
F. Hoffmann-La Roche Ltd (Switzerland)
BGI (U.S.), General Electric (U.S.)
LI-COR, Inc (U.S.).
Siemens (U.S.)
PerkinElmer, Inc. (U.S.).
Macrogen, Inc (South Korea)
BIONEER CORPORATION (South Korea)

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