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Single Nucleotide Polymorphism (SNP) Genotyping Market Revenue, Opportunity, Forecast and Value Chain 2017-2027

10-31-2018 07:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Single Nucleotide Polymorphism (SNP) Genotyping Market

Single Nucleotide Polymorphism (SNP) Genotyping are single base positions in the genome that shows natural variation within a population. Single Nucleotide Polymorphism (SNP) Genotyping is the most profuse form of genetic variation in the human beings, totaling to all most 90% of all the differences between distinct individuals. Single Nucleotide Polymorphism (SNP) Genotyping patterns are most likely to affect many human phenotypes. Single Nucleotide Polymorphism (SNP) Genotyping plays a crucial role in all the drug development stages, like from identification of target to clinical trials.

The analysis of Single Nucleotide Polymorphism (SNP) Genotyping may also help to tailor drugs and drug regimes to particular genotypes—the underlying principle of pharmacogenomics. Seeing at the potential effects of Single Nucleotide Polymorphism (SNP) Genotyping on healthcare, the biotechnology industry has developed high-throughput methods for Single Nucleotide Polymorphism (SNP) Genotyping. All genotyping methods are a combination of distinct methods for allele discrimination and signal detection. Many advancements for Single Nucleotide Polymorphism (SNP) Genotyping have been established in the past some years. Rapid technological progress makes it hard to choose appropriate methods for a given application.

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Global Single Nucleotide Polymorphism (SNP) Genotyping Market- Market Segmentation:

On the basis of Techniques, the Global Single Nucleotide Polymorphism (SNP) Genotyping market can be segmented into,

Whole-Genome Genotyping

Targeted Genotyping

Custom Genotyping

Copy Number Variation Analysis

On the basis of End User, the Global Single Nucleotide Polymorphism (SNP) Genotyping market can be segmented into

Animal genetics

Plant improvement

Diagnostic research

Pharmaceuticals and Pharmacogenomics

Agricultural Biotechnology


On the basis of Region, the Global Single Nucleotide Polymorphism (SNP) Genotyping market can be segmented into,

North America

Western Europe

Eastern Europe

Asia Pacific Excluding Japan


Latin America

Middle East & Africa

Global Single Nucleotide Polymorphism (SNP) Genotyping Market- Market Dynamics:

The Single Nucleotide Polymorphism (SNP) Genotyping are the significant markers in different human diseases and are deeply engaged with the pharmacogenomics to modify the customized medicine. Hence, rising awareness in the scientist community and increasing applications of Single Nucleotide Polymorphism (SNP) Genotyping in Molecular Biology and Biotechnology fields are the major factors responsible for driving this market ahead. Moreover, evolving technologies of Single Nucleotide Polymorphism (SNP) Genotyping in Molecular Biology and Biotechnology in the fields of Agricultural biotechnology, Pharmacogenomics, pharmaceuticals, diagnostic research and veterinary is projected to increase the Single Nucleotide Polymorphism (SNP) Genotyping market. Other significant factors like increasing incidences of cardiac diseases & Cancer and prevalence of diabetes is driving the Single Nucleotide Polymorphism (SNP) Genotyping market. Nevertheless, unsatisfactory reimbursement policies restrains the Single Nucleotide Polymorphism (SNP) Genotyping market.

Global Single Nucleotide Polymorphism (SNP) Genotyping Market-Regional Outlook:

Geographically, the Single Nucleotide Polymorphism (SNP) Genotyping market has been segmented into North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, Latin America, and Middle East & Africa. Regionally, North America is the largest market for Single Nucleotide Polymorphism (SNP) Genotyping and North America is anticipated to maintain its dominance during the forecast period due to rising commercial research going on the personalized medicines and veterinary. Asia Pacific is the most progressive market for Single Nucleotide Polymorphism (SNP) Genotyping. This growth is mainly attributed to factors such as available opportunities, improving research and development infrastructure, and increasing awareness Furthermore, the Single Nucleotide Polymorphism (SNP) Genotyping market in Latin America is likely to expand at a significant CAGR. Brazil and Mexico are driving the Single Nucleotide Polymorphism (SNP) Genotyping market in the region due to favorable initiatives taken by the respective governments. Moreover, rising research and development would fuel market growth in Latin America. Key strategies adopted by major players in this market include product launches, collaborations and agreements.

Global Single Nucleotide Polymorphism (SNP) Genotyping Market- Major Players:

Currently, the global Single Nucleotide Polymorphism (SNP) Genotyping market is highly competitive owing to the involvement of many established players. Some of the key players in the global Single Nucleotide Polymorphism (SNP) Genotyping market are Affymetrix Inc., Beckman Coulter, Bio-Rad Laboratories, GE Healthcare, Sequenom, Inc., Roche Holding AG, Qiagen, Fluidigm Corporation, Agilent Technologies, Thermo Fisher Scientific Inc., and many others

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This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically-supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, product type, material type, and end-use.

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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