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Research & Development supplement the Global DNA Sequencing Market Growth
Global DNA sequencing Market
"Browse 103 Market Data Tables and 69 Figures spread over 269 Pages, along with an in-depth TOC on the Global DNA Sequencing Market Forecast 2021-2028."
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DNA sequencing determines the nucleic acid sequence, and includes technology or method for determining the order of the four bases, thymine, cytosine, guanine, and adenine. It has gained prominence in life science research. It is used for sequencing DNA strands and whole genomes, along with studying DNA-protein interactions.
Research & Development in DNA Sequencing Propels Market Growth
Research and development activities contribute majorly to market growth. In the early 1970s, the first DNA sequences were obtained using challenging methods based on two-dimensional chromatography. The third-generation long-range DNA sequencing and mapping technologies have revived high-quality genome sequencing. SMRT (Single-Molecule Real-Time Sequencing) is the first technology of the third generation. It utilizes the Illumina synthesis approach for DNA sequencing.
Further, the CSIR (Council of Scientific and Industrial Research) concluded the six-month exercise of the 'whole-genome sequence' of 1008 Indians as a part of the 'IndiGen' program.
Moreover, machine learning methods and artificial intelligence are used to tackle genomics problems like identifying enhancers, positioned nucleosomes, splice sites, promoters, and annotating genomic sequence elements. Such initiatives are projected to drive market growth.
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Biomarker Discovery is the Major Application
Biomarkers are essential elements that indicate the presence of diseases. Biomarkers' intervention makes progress in treating and preventing complex diseases like diabetes, cardiovascular disease, and cancer, possible. The genetic variability among patients with the same diseases has made the clinical application of translational research and molecular biomarkers in disease treatment uncertain. DNA sequencing can recognize a broad spectrum of genetic differences and supplement the generation of potent biomarkers in disease diagnosis and medicine. Declining DNA sequencing costs, brief protocol length, and low sequencing time, make DNA sequencing a complete tool for biomarker discovery.
Asia-Pacific: Fastest-Growing Region
The region has a growing population and developing healthcare infrastructure. Moreover, applications like animal breeding and agriculture propel the market demands. Also, the region has an increasing demand for drug discovery and a rising focus on the biotechnology industry, along with surging demand for DNA sequencing in the healthcare industry.
Many establishments are adopting innovative technologies and technologically advanced products. The pandemic has increased the demand for DNA sequencing. Such aspects drive the strong competitive rivalry in the market. Siemens Healthineers AG, Illumina Inc, F. Hoffmann-La Roche, Bio-Rad Laboratories Inc, Agilent Technologies Inc, etc., are among the market's prominent players.
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