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Genotyping Market Worth US$ 79,407.14 Mn, Globally, by 2028 at 20.1% CAGR - Exclusive Report by The Insight Partners

06-21-2023 07:35 AM CET | Health & Medicine

Press release from: The Insight Partners

Genotyping Market

Genotyping Market

Genotyping Market business research report assesses the current as well as upcoming performance of the market, also brand-new trends in the market. It provides product overview and highlights of product and application segments of the market including price, revenue, sales, sales growth rate, and market share by product. The market statistics within the report is displayed in a statistical format to offer a better understanding upon the market dynamics.

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The report highlights the key factors driving the Genotyping market growth and prominent players with their developments in the Genotyping market. Key factors driving the market's growth are the use of genotyping in drug development for genetic and rare diseases, technological advancements, and rising R&D investments in pharmaceutical and biotechnology. However, the high equipment cost and the shortage of skilled professionals are expected to restrict the market growth during the forecast period.

Competitive Landscape: Genotyping Market: F. Hoffmann-La Roche Ltd., Integrated DNA Technologies, Inc. (Danaher), Qiagen, Merck KGaA, Eurofins Genomics, Thermo Fisher Scientific Inc., BioTek Instruments, Inc., Xcelris Genomics, Trimgen Corporation, and Illumina, Inc. are a few leading companies operating in the global Genotyping market. For instance, in November 2021, F. Hoffmann - La Roche Ltd. Launched the Cobas 5800 System, which is a compact new addition to the Roche Molecular portfolio, providing efficiency, simplicity, and timely results to laboratories of all sizes so clinicians can quickly determine the best treatment strategies for their patients.

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The genotyping market is segmented based on product and services: reagents and kits, bioinformatics, genotyping services, and instruments. In 2022, the reagents and kits will likely account for the market's largest share. Moreover, the same segment is anticipated to register the highest CAGR in the market from 2022 to 2028. The increased demand by the consumers is one of the significant trends in the global Genotyping market. These products make it easy to observe genetic variation in people, animals, organisms, and individual genes.

A wide range of genotyping kits is available from several major companies. For instance, Sanger sequencing kits and reagents are used for PCR amplification of region(s) of interest, cycle sequencing, and reaction cleanup. Target selection, library construction, and template preparation can be completed with these kits and reagents. Furthermore, Amplification fragment length polymorphism (AFLP), SNP genotyping, high-resolution melt analysis (HRM), animal DNA extraction, and qPCR genotyping are among the other kits available on the market.

The report segments the Genotyping market as follows:
Based on product and services, the market is segmented into reagents and kits, bioinformatics, genotyping services, and instruments. Based on Technology, the market is segmented into Microarrays, Capillary Electrophoresis, Sequencing, Matrix-Assisted Laser Desorption/Ionization-Time of Flight (Maldi-ToF) Mass Spectrometry, Polymerase Chain Reaction (PCR), and Others. Based on Application, the market is segmented into Pharmacogenomics, Diagnostics and Personalized Medicine, Animal Genetics, Agricultural Biotechnology, and Others. Based on End-User, the global Genotyping market is segmented into Pharmaceutical and Biopharmaceutical Companies, Diagnostic and Research Laboratories, Academic Institutes, and Others.

Chapter Details of Genotyping Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Genotyping Market Landscape
Part 04: Genotyping Market Sizing
Part 05: Genotyping Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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