Whole Exome Sequencing Market is projected to reach USD 4.71 billion by 2030: Cognitive Market Research

Market Overview:
• What is whole exome sequencing?
- Whole-exome sequencing is a common next-generation sequencing (NGS) technique that entails sequencing the genome's protein-coding regions. This technique offers a less expensive option to whole-genome sequencing because the human exome, which makes up less than 2% of the genome, contains 85% of known disease-related variations. Exome sequencing using exome enrichment can proficiently find coding changes in a wide range of applications, including, genetic disease, population genetics and cancer research.

Summary :
The Global Whole Exome Sequencing Market size was estimated at USD 1.40 Billion in 2022 and is projected to reach USD 4.71 billion by 2030, growing at a CAGR of 18.74% from 2022 to 2030.

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Market Dynamics :
- The primary drivers propelling the expansion of the global exome sequencing market are the rising applications in clinical diagnostics and the rising need for uncommon illness diagnosis. The acceptance of next-generation sequencing methods for the diagnosis, prognosis, therapy, and follow-up of numerous chronic diseases, including cancer, is expanding, which is driving the industry as a whole. The acceptance of next-generation sequencing methods for the diagnosis, prognosis, therapy, and follow-up of numerous chronic diseases, including cancer, is expanding, which is driving the industry as a whole.

What are the opportunities and challenges for the Whole Exome Sequencing Market?
- Over the anticipated time frame, the market may experience lucrative growth due to rising R&D expenditures in the fields of genomics and next-generation sequencing, as well as rising demand for personalized pharmaceuticals. However, the market's expansion may be constrained by a scarcity of qualified professionals and a significant reliance on government funding.

Whole Exome Sequencing Market Segmentation :
Product Type
• Systems
• Services
• Kits
The market is divided into systems, services, and kits depending on the type of product. The market is dominated by the systems segment, and during the forecast period, the kits segment is expected to develop at the fastest Rate.

Application
• Diagnostics
• Personalized Medicine
• Agriculture and Animal Research
• Drug Discovery and Development
• Others

End User
• Academic and Government Institutions
• Pharmaceutical Companies
• Research Center
• Hospitals and Clinics
• Others

The Major Players in Whole Exome Sequencing Market are :
Illumina, Thermo Fisher, Roche, Angilent, Eurofins, Sengenics, Ambry, Macrogen, BGI, Novo Gene, Others

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Whole Exome Sequencing Market Industry News :
• Illumina Unveiled Novel Sequencing Technology, Roche Collaboration, and Software Package to Speed Up Genomics Adoption (January 2020)
- In order to hasten the release of distributable NGS-based in-vitro diagnostic (IVD) tests using Illumina's diagnostic (Dx) sequencing systems, Illumina and Roche, one of the top diagnostic firms in the world, have signed a 15-year, non-exclusive collaboration agreement. Also, Roche and Illumina will work together to add additional companion diagnostic (CDx) claims to Illumina's comprehensive pan-cancer assay TruSight Oncology 500 (TSO 500).

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Whole Exome Sequencing Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Whole Exome Sequencing Market Segmentation
1.5.1 Whole Exome Sequencing Market Regional Fragmentation
1.5.1 Whole Exome Sequencing Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Whole Exome Sequencing Market
Chapter 4 Global Whole Exome Sequencing Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Whole Exome Sequencing Market by Product Type Segmentation Analysis (2018-2030)
• 9.1 Detailed Qualitative Analysis
• 9.2 Global Whole Exome Sequencing Revenue and Share (%) by Product Type (2018-2030)
9.2.1 Systems Market Size
9.2.1.1 Global Systems Market Share and Revenue (USD Million) for 2018-2030
9.2.1.2 Whole Exome Sequencing Market for Systems, by Country (2021 Vs 2024)
9.2.2 Services Market Size
9.2.2.1 Global Services Market Share and Revenue (USD Million) for 2018-2030
9.2.2.2 Whole Exome Sequencing Market for Services, by Country (2021 Vs 2024)
9.2.3 Kits Market Size
9.2.3.1 Global Kits Market Share and Revenue (USD Million) for 2018-2030
9.2.3.2 Whole Exome Sequencing Market for Kits, by Country (2021 Vs 2024)
Chapter 10 Global Whole Exome Sequencing Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Whole Exome Sequencing Market by End-User Segmentation Analysis (2018-2030)
Chapter 12 Global Whole Exome Sequencing Market Regional Analysis
Chapter 13 North America Whole Exome Sequencing Market Outlook (2018 - 2030)
Chapter 14 Europe Whole Exome Sequencing Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Whole Exome Sequencing Market Outlook (2018 - 2030)
Chapter 16 Latin America Whole Exome Sequencing Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Whole Exome Sequencing Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)

To know more Whole Exome Sequencing Market TOC click here : https://www.cognitivemarketresearch.com/whole-exome-sequencing-market-report#table_of_contents

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Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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