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Refurbished DNA Sequencing Platforms Market By Leading Players Illumina, Inc., Thermo Fisher Scientific, Inc., Beckman Coulter (Fullerton, CA), and 454 Life Sciences Corporation (Roche Holding AG).and LI-COR

09-21-2018 06:58 AM CET | Health & Medicine

Press release from: Allied Market Research

Refurbished DNA Sequencing Platforms Market

Refurbished DNA Sequencing Platforms Market

The Global Refurbished DNA Sequencing Platforms Market was valued at $41 million in 2016 and is expected to reach $112 million in 2023, registering a CAGR of 15.0% from 2017 to 2023. DNA sequencing is a technology in which several DNA strands could be sequenced through massive parallelization. Low cost, high accuracy and speed, and precise results even from low sample input are the main advantages DNA sequencing offers over microarray and other genomic analysis methods. Refurbished and used DNA sequencing platforms are relatively inexpensive instruments used for DNA sequencing, when compared with new DNA sequencing platforms.

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The key players operating in the global refurbished DNA sequencing market include Illumina, Inc., Thermo Fisher Scientific, Inc., Beckman Coulter (Fullerton, CA), and 454 Life Sciences Corporation (Roche Holding AG).and LI-COR

However, lack of skilled professionals, ethical & legal limitation related to DNA sequencing, and standardization concerns in sequencing procedures impede the market growth. Conversely, use of cloud computing as a potential data management service and the untapped emerging countries offer lucrative opportunities for the market players.

DNA sequencing is used to execute various applications, such as biomarker discovery, oncology studies, personalized medicine, forensics, and others. It has streamlined nucleotide analysis and consist of widely replaced conventional tools of genomics, especially microarray, genotyping, and others. The demand for DNA sequencing has increased significantly, owing to surge in sequencing applications

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The DNA sequencing market is segmented based on region. Geographically, the DNA sequencing platforms market is analyzed across U.S. and rest of the world. The rest of the world region possesses high market potential for the growth of refurbished DNA sequencing platforms market, owing to increase in awareness about DNA sequencing, and rise in DNA sequencing applications. This region is anticipated to experience fast-paced growth, in terms of development and use of DNA sequencing technologies.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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