openPR Logo
Press release

Whole Exome Sequencing [WES] Market Size, Share, Industry, Forecast and outlook (2024-2031)

04-01-2024 01:35 PM CET | Health & Medicine

Press release from: DataM Intelligence 4Market Research

DataM Intelligence

DataM Intelligence

Global Whole Exome Sequencing Market Projected to Reach USD 4.2 Billion by 2031

The latest market analysis reveals significant growth prospects for the Global Whole Exome Sequencing (WES) Market, with an anticipated surge from USD 1.1 Billion in recent years to a projected USD 4.2 Billion by 2031. This growth trajectory, exhibiting a Compound Annual Growth Rate (CAGR) of 18.6% during the forecast period from 2024 to 2031, underscores the increasing demand for next-generation sequencing technologies.

Whole exome sequencing (WES) has emerged as a pivotal next-generation sequencing (NGS) procedure, targeting protein-coding regions of the genome. Despite representing less than 2% of the genome, the human exome harbors approximately 85% of known disease-related variants. This cost-effective alternative to whole-genome sequencing enables precise identification of genetic variants underlying various diseases, including Miller syndrome and Alzheimer's disease. Moreover, WES facilitates streamlined screening for genetic disorders, augmenting its utility in clinical diagnostics.

To know more Insights Download Sample: https://www.datamintelligence.com/download-sample/whole-exome-sequencing-market

Market Dynamics

Several factors propel the growth of the global Whole Exome Sequencing (WES) Market. The increasing prevalence of rare diseases necessitates robust diagnostic approaches, fuelling the adoption of WES. Concurrently, escalating investments in genomics and next-generation sequencing research and development amplify market expansion. Additionally, the burgeoning demand for personalized medicine underscores the relevance of WES in tailoring therapies to individual patients.

Despite promising growth prospects, challenges persist in the form of a shortage of skilled professionals and inadequate government support. These impediments underscore the necessity for concerted efforts to address skill gaps and foster conducive regulatory environments.

Industry Analysis

The forthcoming global whole exome sequencing (WES) market report promises comprehensive insights, delving into industry dynamics such as Porter's Five Forces analysis, innovations, pricing trends, and new product launches.

COVID-19 Impact Analysis

The COVID-19 pandemic has catalyzed opportunities within the Whole Exome Sequencing (WES) Market. The imperative for virtual care interventions during the pandemic underscores the significance of genomic sequencing in identifying susceptibility to infections. Post-pandemic, increased funding for digital healthcare solutions is expected to further propel market growth.

Market Segmentation Analysis

The application of whole exome sequencing in personalized medicine is poised to dominate the global market share during the forecast period (2022-2029). This surge is attributable to the burgeoning demand for tailor-made therapies, predicated on the molecular underpinnings of diseases.

Geographical Insights

North America emerges as the frontrunner in the global Whole Exome Sequencing (WES) Market, boasting the largest market share owing to factors such as the prevalence of genetic and chronic disorders, advanced healthcare infrastructure, and favorable government initiatives.

Competitive Landscape

The global Whole Exome Sequencing (WES) Market is characterized by intense competition among key players, including Illumina Inc., Bio-Rad Laboratories Inc., Agilent Technologies Inc., and others. Strategic initiatives such as product launches, mergers & acquisitions, and partnerships underscore the dynamism within the market.

Related Reports:

Recombinant plasma protein therapeutics market : https://datamintelligence.com/research-report/recombinant-plasma-protein-therapeutics-market
Bone growth stimulators market:https://datamintelligence.com/research-report/bone-growth-stimulators-market
Tumor necrosis factor inhibitor drugs market : https://datamintelligence.com/research-report/tumor-necrosis-factor-inhibitor-drugs-market
Tyrosine kinase inhibitors market : https://datamintelligence.com/research-report/tyrosine-kinase-inhibitors-market
Immunology drugs market : https://datamintelligence.com/research-report/immunology-drugs-market
Acromegaly treatment market : https://datamintelligence.com/research-report/acromegaly-treatment-market

Contact Us -
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Whole Exome Sequencing [WES] Market Size, Share, Industry, Forecast and outlook (2024-2031) here

News-ID: 3447725 • Views:

More Releases from DataM Intelligence 4Market Research

Hydroponics Market is projected to reach USD 47.92 billion by 2032 | Major players - Bright Farms Inc, Kubo Group, Argus Control Systems Limited.
Hydroponics Market is projected to reach USD 47.92 billion by 2032 | Major playe …
Market Size and Growth: The Global Hydroponics Market size reached USD 16.54 billion in 2024 and is projected to reach USD 47.92 billion by 2032, growing at a CAGR of 14.22% during the forecast period 2025-2032. The Hydroponics Market involves the cultivation of plants without soil, using nutrient-rich water solutions. It encompasses systems, equipment, and technologies for commercial and home-based hydroponic farming. Driven by urbanization, water efficiency, and demand for fresh produce,
Hydrogen Compressor Market is expected to reach USD 2.8 billion by 2030 | Major Companies - Ariel Corporation, Corken Compressors, Burckhardt Compression AG, Atlas Copco.
Hydrogen Compressor Market is expected to reach USD 2.8 billion by 2030 | Major …
Market Size and Growth: The Global Hydrogen Compressor Market size reached USD 1.9 billion in 2022 and is expected to reach USD 2.8 billion by 2030, growing with a CAGR of 4.6% during the forecast period 2024-2031. The Hydrogen Compressor Market involves the production, sales, and adoption of compressors designed to store, transport, and distribute hydrogen gas efficiently. These compressors are vital for fueling stations, industrial applications, and energy storage systems,
Surgical Drapes Market is expected to reach US$ 2.74 billion by 2032 | Major players - 3M Company, Medline Industries Inc, Cardinal Health Inc
Surgical Drapes Market is expected to reach US$ 2.74 billion by 2032 | Major pla …
Market Size and Growth: The Global Surgical Drapes Market size reached US$ 1.44 billion in 2024 and is expected to reach US$ 2.74 billion by 2032, growing at a CAGR of 7.4% during the forecast period 2025-2032. The Surgical Drapes Market encompasses the production, distribution, and use of sterile, disposable, or reusable drapes designed to maintain a sterile field during surgical procedures. These drapes protect patients from infection, prevent contamination, and enhance
Gummy Vitamins Market is projected to reach USD 16.2 billion by 2031 | Major Companies - Nature's Bounty Co., Nutramarks Inc., Pfizer Inc, Hero Nutritionals LLC.
Gummy Vitamins Market is projected to reach USD 16.2 billion by 2031 | Major Com …
Market Size and Growth: The Global Gummy Vitamins Market size reached USD 67.3 billion in 2022 and is projected to reach USD 16.2 billion by 2031, growing at a CAGR of 10.5% during the forecast period 2024-2031. The Gummy Vitamins Market refers to the global industry involved in the production, distribution, and sale of chewable, flavored vitamin supplements designed for children and adults. These vitamins offer an alternative to traditional tablets or

All 5 Releases


More Releases for WES

Dr. Wes Heroman Launches Prestigious Scholarship for Healthcare Students Nationw …
Image: https://www.getnews.info/wp-content/uploads/2024/05/1714587858.jpeg Dr. Wes Heroman Renowned Ophthalmologist Dr. Wes Heroman [https://drwesheroman.com/] is proud to announce the establishment of the Dr. Wes Heroman Scholarship for Healthcare Students, a distinguished opportunity designed to recognize and support outstanding undergraduate students across the United States pursuing careers in healthcare. With a one-time award of $1,000, this scholarship stands as a testament to Dr. Heroman's commitment to education, mentorship, and the advancement of the healthcare field. Named in
Teachers Must Raise The Bar & Revamp Themselves For The Future – Mr. Harinder …
December 2020, The Infinity School, Noida Extension. 2020 will be remembered as the year when the covid-19 pandemic remodelled global education, confining students within homes. This compelled schools to deviate from conventional academic standards and create sustainable digital solutions for delivering education uninterrupted. In this unprecedented event, education leaders worldwide turned to online platforms for helping students & teachers adapt to the new patterns of learning. Elets Technomedia (a technology &
Global Game Feed market:Lucrative Regions for the Manufacturers by 2026|ForFarme …
The report titled, *Global Game Feed Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application* has been recently published by QY Research. The authors of the report have done extensive study of the global Game Feed market keeping in mind the key aspects such as growth determinants, opportunities, challenges, restraints, and market developments. This analysis will enrich the ability of the companies involved in
Krave Showcases Line of Trendsetting Snacks At Natural Products Expo Wes
Distinguished Jerky Brand will Exhibit Full Line of Gourmet Products at California Trade Event Sonoma, CA (March 3, 2014) – KRAVE®, a leading better-for-you snack company, will be showcasing its full line of artisanal and high-quality jerky at the Natural Products Expo West trade show to be held in Anaheim, California. Attendees will have the opportunity to sample the brand’s revolutionary products and experience how KRAVE® brings superior taste and
The Medical Emergency Preparedness Community Comes Together to Honor Wes Leonard
FOR IMMEDIATE RELEASE: Michigan - March 8, 2011 - On Thursday, March 3, 2011, 16 year-old Fennville High School student Wes Leonard died after scoring the game-winning layup, suffering a sudden cardiac arrest due to a previous enlarged heart condition. Leonard is the second Fennville athlete to die post competition in the past 14 months. Nathan Hernandez, 14 year-old wrestler, was taken by a fatal seizure while
GRSI announces FastTrak 3.0 warehouse execution suite (WES)
GRSI announces updated FastTrak® 3.0 warehouse execution suite (WES) software for automating, integrating, planning, and controlling warehouse activities from receiving to shipping. Automated equipment and manual operations are coordinated to optimize accuracy, efficiency, throughput, and resource utilization. A major enhancement of the newly released FastTrak version 3.0 WES is the integration of full-function, wall-to-wall warehouse inventory management capabilities into the core product. The FastTrak WES is composed