Whole Exome Sequencing Market to Grow at an Impressive CAGR of 19.0% by 2029

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Global whole exome sequencing market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 19.0% in the forecast period of 2022 to 2029. The increase in healthcare expenditure and funding are the major drivers which propelled the demand of the market in the forecast period.

The major players covered in the Whole Exome Sequencing market report are Thermo Fisher Scientific Inc., QIAGEN, Illumina, Inc., Beckman Coulter, Inc., Eurofins Scientific, BIONEER CORPORATION, ExoDx (a part of Bio-Techne), FOUNDATION MEDICINE, INC. (A subsidiary of F. Hoffmann-La Roche Ltd), GeneFirst Limited, CeGaT GmbH, Meridian, Merck KGaA, SOPHiA GENETICS, Azenta U.S. Inc., CD Genomics, Twist Bioscience, PerkinElmer Genomics (A Subsidiary of PerkinElmer Inc.), GeneDx, LLC, Psomagen, Integrated DNA Technologies, Inc., among others.

Whole Exome Sequencing Market Dynamics

Drivers

Increase in the adoption of next generation sequencing
As genomics-focused pharmacology continues to play a greater role in the treatment of various chronic diseases especially cancer, next-generation sequencing (NGS) is evolving as a powerful tool for providing a deeper and more precise insight at molecular underpinnings of individual tumours and specific receptors.

NGS offers advantages in accuracy, sensitivity and speed compared to traditional methods that have the potential to make a significant impact on the field of oncology. Because NGS can assess multiple genes in a single assay, the need to order multiple tests to identify the causative mutation is eliminated.

Growing usage of targeted sequencing methods
As genomics-focused pharmacology continues to play a greater role in the treatment of various chronic diseases especially cancer, next-generation sequencing (NGS) is evolving as a powerful tool for providing a deeper and more precise insight at molecular underpinnings of individual tumours and specific receptors.

NGS offers advantages in accuracy, sensitivity and speed compared to traditional methods that have the potential to make a significant impact on the field of oncology. Because NGS can assess multiple genes in a single assay, the need to order multiple tests to identify the causative mutation is eliminated.

Restraint

Less comprehensive coverage of exons
All the exons are not comprehensively captured. The exon of importance may not be included in the current standard annotations of the human genome; and it is merely arduous to cover 100% of the exome with the current WES technology. Consequently, disease-causing variants in these "missed" exons go undetected.

WES has low sensitivity for structural variations, hence detection is limited. Nonetheless some CNVs, including indels and duplications, can be detected by WES, the technical limitation implies that others are likely missed

Opportunity

Strategic Initiatives by the key market player
The demand for whole exome sequencing is increasing in the market owing to the increased incidence of genetic disease along with increased geriatric population across the region. Thus, the top market players have implemented the strategy of collaboration with other market players aimed at improving business operations and profitability.

Challenge

Ethical and legal issues related to whole exome sequencing
Rapid advances in high throughput genomic technologies and next generation sequencing are making medical genomic research more readily accessible and affordable, including the sequencing of patient and control whole genomes and exomes in order to elucidate genetic factors underlying disease. Progress of high throughput genomic technologies and next generation sequencing (NGS) methods in recent years has changed the scope of human genomic studies. These advances have made it feasible to routinely perform whole exome sequencing studies.

By Geographical Regions:-

Asia Pacific: China, Japan, India, and Rest of Asia Pacific
Europe: Germany, the UK, France, and Rest of Europe
North America: The US, Mexico, and Canada
Latin America: Brazil and Rest of Latin America
Middle East & Africa: GCC Countries and Rest of Middle East & Africa

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This report aims to provide:

A qualitative and quantitative analysis of the current trends, dynamics, and estimations.
The analysis tools such as SWOT analysis, and Porter's five force analysis are utilized which explain the potency of the buyers and suppliers to make profit-oriented decisions and strengthen their business.
The in-depth analysis of the market segmentation helps to identify the prevailing market opportunities.
In the end, this Whole Exome Sequencing report helps to save you time and money by delivering unbiased information under one roof.
Table of Content

Chapter 1. Executive Summary
Chapter 2. Global Market Definition and Scope
Chapter 3. Competitive Intelligence
Chapter 4. Global Whole Exome Sequencing Market Industry Analysis
Chapter 5. Whole Exome Sequencing Global Market, by Application
Chapter 6. Whole Exome Sequencing Global Market, by Type
Chapter 7. Whole Exome Sequencing Global Market, Regional Analysis
Chapter 8. Research Process

Chapter 9. Global Market Dynamics
Chapter 10. Key Companies Analysis
Continued…

Download TOC With Graphs & List Of Figures: https://www.databridgemarketresearch.com/toc/?dbmr=global-whole-exome-sequencing-market

Reasons to Buy This Report:

Save the time and resources required for entry level research by getting an insight into the leading players and segments of global Whole Exome Sequencing market.
The report highlights key business priorities which will help companies to reform their business strategies and establish themselves in the global market.
The key findings and recommendations given in the report emphasize on crucial progressive industry trends in the Global Whole Exome Sequencing Market thereby enabling players to develop effective long term strategies in order to garner their market revenue.
Gain crucial insights into global market trends and outlook and the factors driving and hindering market growth.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

What are the market opportunities, market risks, and market overviews of the Whole Exome Sequencing Market?

Who are the distributors, traders, and merchants in the Whole Exome Sequencing Market?
What is the analysis of sales, income, and prices of the leading manufacturers in the Whole Exome Sequencing Market?
What are the Whole Exome Sequencing market opportunities and threats faced by the global Whole Exome Sequencing Market vendors?
What are the main factors driving the worldwide Whole Exome Sequencing Industry?
What are the Top Players in Whole Exome Sequencing industry?
What is the analysis of sales, income, and prices by type, application of the Whole Exome Sequencing market?
What are regional sales, income, and price analysis for Whole Exome Sequencing Market?

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