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Targeted Sequencing Market worth $22.73 billion by 2030, growing at a CAGR of 20.30% - Exclusive Report by 360iResearch
Targeted Sequencing Market | 360iResearch
The Global Targeted Sequencing Market to grow from USD 6.23 billion in 2023 to USD 22.73 billion by 2030, at a CAGR of 20.30%.
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Targeted sequencing is a rapid and cost-effective way to detect known and novel variants in selected genes or genomic regions. It targets genes or regions of interest to analyze genetic variations and is widely applied in clinical diagnostics, oncology, agriculture, and other precision medicine applications. End-use segments include academic and research institutions, pharmaceutical and biotechnology companies, healthcare facilities, and diagnostic laboratories. Targeted sequencing is implemented in various areas, including personalized medicine, infectious disease research, genetic disorder analysis, and crop improvement. Its use in clinical settings for identifying and treating cancer and inherited genetic disorders and tracking disease outbreaks makes it an invaluable tool. Biotechnological advancements in agriculture leverage targeted sequencing for crop trait development, thus contributing to sustainable food production. Growth is fueled by technological advancements that enable quicker, cheaper sequencing, as well as increased public interest in personal health analytics, supported by governmental and private funding for research. Promising sectors for expansion include integrated sequencing-bioinformatics platforms and non-invasive diagnostics, with untapped potential in emerging economies' healthcare and research sectors. However, challenges include intellectual property battles and ethical dilemmas regarding genomic data. Stakeholders are expected to innovate in panel versatility, data analysis software accessibility, and sample processing and advocate for global sequencing standards to facilitate data interoperability.
Market Segmentation & Coverage:
This research report categorizes the Targeted Sequencing Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product Type, market is studied across Consumables, Platforms, and Services. The Consumables is projected to witness significant market share during forecast period.
Based on Application, market is studied across Cardiovascular Diseases, Hereditary Diseases, Infectious Diseases, Neurological Disorders, Oncology, and Reproductive Health. The Reproductive Health is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Academic & Research Institutes, Clinical Laboratories, Contract Research Organization, and Pharmaceutical & Biotechnology Companies. The Pharmaceutical & Biotechnology Companies is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Targeted Sequencing Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Targeted Sequencing Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Targeted Sequencing Market, highlighting leading vendors and their innovative profiles. These include 10x Genomics, Inc., A-Alpha Bio, Inc., Agilent Technologies, Inc., Azenta Life Sciences, BGI Genomics Co., Ltd., Bio-Rad Laboratories, Inc., CD Genomics, DH Life Sciences, LLC, Element Biosciences, F. Hoffmann-La Roche Ltd., Illumina, Inc., LGC Limited, Macrogen, Inc., MGI Tech Co., Ltd., Oxford Nanopore Technologies PLC, Pacific Biosciences of California, Inc., Paragon Genomics, Inc., PerkinElmer, Inc., Psomagen, Inc., QIAGEN N.V., Singular Genomics Systems, Inc., Takara Bio Inc., Tecan Trading AG, Thermo Fisher Scientific Inc., and Twist Bioscience Corporation.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Targeted Sequencing Market, by Product Type
7. Targeted Sequencing Market, by Application
8. Targeted Sequencing Market, by End-User
9. Americas Targeted Sequencing Market
10. Asia-Pacific Targeted Sequencing Market
11. Europe, Middle East & Africa Targeted Sequencing Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Targeted Sequencing Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Targeted Sequencing Market?
3. What is the competitive strategic window for opportunities in the Targeted Sequencing Market?
4. What are the technology trends and regulatory frameworks in the Targeted Sequencing Market?
5. What is the market share of the leading vendors in the Targeted Sequencing Market?
6. What modes and strategic moves are considered suitable for entering the Targeted Sequencing Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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