What's driving the Genetic Sequencing Test Market size? Key players Thermo Fisher Scientific, Illumina, Agilent Technologies, Qiagen, Pacific Biosciences, BGI, Oxford Nanopore Technologies

Market Study Report LLC has recently added a report on Genetic Sequencing Test Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.

Increase in number of old age population, increase in number of diseases, decrease in the cost of sequencing, increasing need for better healthcare are the basic reasons behind increased demand for the global sequencing market. Global Genetic Sequencing Test Market will continue to grow as the leading companies launch new sequencing products with increased efficiency and less time consumption. The Genetic Sequencing Test Market was valued at USD 3750 Million in the year 2018. Therefore, usage by healthcare set ups, research institutes, biotechnology centres is increasing. These markets are influenced by the cost factor for the end users. Also developing countries, which suffer from lack of funding, are not able to use this technology to the fullest.

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On the basis of Technology, the segments are First Generation Sequencing and Next Generation Sequencing. The older technology is costly as well as time consuming but it is still considered as "Gold Standard" to validate the result obtained by next generation sequencing. Next Generation Technology provides long reads which have drastically reduced the cost and result annotation time.

Among the country, United States of America currently leads the genetic sequencing market owing to considerable investments being done in healthcare sector. Also, presence of leading market players like Illlumina in this region makes the technology more readily available. Moreover, countries like China, India, Germany, Netherlands, Saudi Arabia are expected to grow faster owing to increased investment in the research and development.

Company Analysis - Illumina, F. Hoffman- La Roche Holding AG, Agilent Technologies, Qiagen, Pacific Biosciences, Thermo Fisher Scientific, BGI, Oxford Nanopore Technologies, Bio-Rad Laboratories, Macrogen.

Scope of the Report

Global Genetic Sequencing Test Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
o Genetic Sequencing Test Market - Size, Growth, Forecast
o Analysis by Product Type: Instruments, Consumables, Services
o Analysis by Technology: First Generation Sequencing, Next Generation Sequencing
o Analysis by Test Type: Diagnostic testing, Non-Invasive Pre-Natal testing, others
o Analysis by End User: Academic and Research Institutes, Healthcare
Country Analysis - U.S., India, China, France, Rest of the World (Actual Period: 2014-2018, Forecast Period: 2019-2024)
o Analysis by Product Type: Instruments, Consumables, Services
o Analysis by Technology: First Generation Sequencing, Next Generation Sequencing
o Analysis by Test Type: Diagnostic testing, Non-Invasive Pre-Natal testing, others
o Analysis by End User: Academic and Research Institutes, Healthcare

Other Report Highlights
Competitive Landscape
Leading Companies
Market Dynamics - Drivers and Restraints.
Market Trends
SWOT Analysis.

Table of Contents:

1. Research Methodology
2. Executive Summary
3. Strategic Recommendations
3.1 Invest in Strengthening clinicians, academicians and patient's knowledge
3.2 Genomic Informatics Services Integration
3.3 Asia Pacific Region to witness the fastest growth
4. Product Overview
5. Global Genetic Sequencing Test Market: Growth and Forecast
5.1 By Value (2014-2018)
5.2 By Value (2019-2024)
6. Global Genetic Sequencing Test Market: Segment Analysis
6.1 Global Genetic Sequencing Test Market Size, By Product Type, 2018 (%)
6.2 Global Organ Transplantation Market Size, By Product Type, 2024 (%)
6.3 Global Genetic Sequencing Test Market Size, By Value, By Product Type (2014-2024)
6.4 Market Attractiveness: Global Genetic Sequencing Test Market, By Product Type
7. Global Genetic Sequencing Test Market: Country Analysis
8. Competitive Landscape
9. Global Genetic Sequencing Test Market: Market Share
10. Global Genetic Sequencing Test Market: Product Benchmarking
11. Global Genetic Sequencing Test Market Dynamics
13. Global Genetic Sequencing Test Market Company Profiles

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