DNA Sequencing Market | Dynamics, Market Size, Analysis, Development, Revenue, Future Growth, Business Prospects and Forecast to 2027

The Global DNA Sequencing Market size is expected to gain momentum backed by the increasing incidence of suicides and the growing number of psychiatrists that is likely to boost the adoption of advanced DNA Sequencing modules worldwide. This information is published by Fortune Business Insights in its upcoming report, titled, ““DNA Sequencing Market Size, Share & Industry Analysis, By Type (Instruments, Reagents & Consumables, Workflow Products, Services), By Technology (Next Generation DNA Sequencing, Sanger Sequencing), By Application (Research & Clinical Trials, Others) By End-User (Biotechnology & Pharmaceutical Industries, Diagnostic Centers, Hospitals & Clinics) and Regional Forecast, 2020-2027.
As per the report, the rising prevalence of cancer among women around the world is expected to accelerate the growth of the DNA sequencing market. For instance, In 2018, according to the American Institute for Cancer (AICR), it was estimated that 2 million women around the globe were diagnosed with cancer. In addition, increasing applications of DNA sequencing in imaging, nanotechnology, bioinformatics, and development of effective gene therapy will also contribute significantly to the market during the forecast period.

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DRIVING FACTORS
Increasing Partnerships And Collaborations Will Encourage Growth
The collaboration of Nebula Genomics with Merck KGaA is predicted to aid growth of the DNA sequencing market. For instance, Nebula Genomics announced its collaboration Merck KGaA with the goal to enhance drug discovery for lung cancer patients and offering a free high-coverage germ line and tumor whole-genome sequencing. The launch of Morphoseq Long Read DNA Sequencing Technology is predicted to contribute to the DNA sequencing market growth. For instance, Longas Technologies launched Morphoseq Long Read DNA Sequencing Technology which is designed to improve the NGS platforms by increasing effective read lengths, providing benefits of high accuracy and cost efficiency sequencing. Furthermore, increasing applications of DNA sequencing in imaging, nanotechnology, bioinformatics, and development of effective gene therapy, for the treatment of various types of diseases are likely to drive the DNA sequencing market growth during the forecast period. In addition, growing applications of DNA sequencing in will fuel demand for the development of personalized medicines. This factor will boost the market growth during the forecast period.
However, the lack of skilled professionals and low awareness about the emerging technologies in DNA sequencing in low-middle income countries is likely to hinder the growth of the market during the forecast period.

Our research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

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REGIONAL INSIGHTS AND COMPETITIVE LANDSCAPE

Presence Of Key Players Will Enable Growth North America
Geographically, the global DNA sequencing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East Asia and Africa. North America is expected to dominate the market during the forecast period owing to the presence of key players in the region. The rising prevalence of various genetic disorders and growing investments by key players for the development of technological advanced DNA sequencing technology will further boost growth in North America. In Europe, rising awareness about the growing application of DNA sequencing in developing effective gene therapy is likely to drive the market during the forecast period. In the Asia Pacific and Latin America, the market is expected to grow at a significant rate owing to the growing prevalence of various chronic disorders & cancers. The rising adoption of new technology in DNA sequencing and surge inpatient population will further stimulate growth in the region. In the Middle East & Africa, growing unmet needs for the cost-effective diagnosis of various diseases is likely to accelerate the growth of the market in the region.
This report focuses on DNA Sequencing Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
Competitive Analysis and Industry News:
Major companies in the Global DNA Sequencing Market are increasingly focusing on research and development activities to create new and innovative products to stay ahead of the competition. Staying on top of market trends & drivers is crucial for decision-makers to hold this emerging opportunity. The study provides information on market trends and development, drivers, capacities, technologies, and the changing investment structure of the DNA Sequencing Industry.
Major DNA Sequencing Manufacturers Studied In Report:
• Abbott, Danaher
• F. Hoffmann-La Roche Ltd
• Illumina, Inc.
• LI-COR, Inc.
• Pacific Biosciences of California, Inc.
• Siemens
• Thermo Fisher Scientific Inc.
• PerkinElmer Inc.
• and other players.

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This release was published on openPR.