Press release
Sanger Sequencing Service Market Projected to Hit USD 5.2 billion by 2032
Sanger Sequencing Service Market
The Sanger Sequencing Service Market Industry is expected to grow from USD 2.61Billion in 2024 to USD 5.2 Billion by 2032. The sanger sequencing service Market CAGR growth rate is expected to be around 8.98% during the forecast period 2024 - 2032.
Sanger sequencing, a method of DNA sequencing based on selective incorporation of chain-terminating dideoxynucleotides, is widely used for various applications in research and clinical diagnostics. Despite the emergence of next-generation sequencing (NGS), Sanger sequencing remains a gold standard for certain applications due to its accuracy, simplicity, and cost-effectiveness for small-scale projects. The Sanger sequencing service market includes services provided by companies and research institutions to sequence DNA samples submitted by researchers, healthcare professionals, and industry clients.
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✿➤ Key Market Segments
Service Type:
Full-Service Sequencing: Comprehensive services including sample preparation, sequencing, and data analysis.
Custom Sequencing: Tailored sequencing services based on specific customer requirements.
Validation Sequencing: Services for validating results obtained from other sequencing methods.
Application:
Research: Basic and applied research in genomics, molecular biology, and genetics.
Clinical Diagnostics: Genetic testing, disease diagnosis, and personalized medicine.
Pharmaceutical and Biotechnology: Drug development, quality control, and genetic engineering.
Agriculture and Food Industry: Plant and animal breeding, GMO detection, and food safety.
End-User:
Academic and Research Institutions
Hospitals and Clinics
Pharmaceutical and Biotechnology Companies
Agriculture and Food Industry
✿➤ Industry Latest News
Technological Advancements: Integration of automated systems and AI to improve sequencing accuracy and efficiency.
New Service Offerings: Launch of new custom and rapid sequencing services to meet the growing demand.
Collaborations and Partnerships: Increased partnerships between sequencing service providers and research institutions to enhance service offerings.
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✿➤ Key Companies
• BGI Group
• Illumina
• Thermo Fisher Scientific
• Agilent Technologies
• Eurofins Genomics
• Macrogen
• Novogene
• Oxford Nanopore Technologies
• PacBio
• QIAGEN
• SeqLL
• Sophia Genetics
• Counsyl
• Helix
✿➤ Market Drivers
Continued Use in Validation and Small-Scale Projects: Despite NGS advancements, Sanger sequencing remains crucial for validating NGS results and small-scale projects due to its high accuracy.
Growing Genomics Research: Increased funding and research activities in genomics and molecular biology drive the demand for sequencing services.
Expanding Clinical Applications: Rising demand for genetic testing and personalized medicine fuels the market growth.
Cost-Effectiveness: For specific applications, Sanger sequencing is more cost-effective compared to NGS, especially for projects with a limited number of targets.
✿➤ Regional Insights
North America: Dominates the market due to advanced research infrastructure, high funding, and major service providers.
Europe: Significant growth driven by extensive research activities, regulatory support, and technological advancements.
Asia-Pacific: Rapidly growing market due to increasing research activities, government initiatives, and expanding healthcare infrastructure.
Latin America: Gradual growth with rising investments in research and healthcare.
Middle East & Africa: Emerging market with increasing focus on genomic research and healthcare improvements.
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✿➤ Frequently Asked Questions (FAQ)
What is Sanger sequencing?
A-->Sanger sequencing is a method of DNA sequencing based on the selective incorporation of chain-terminating dideoxynucleotides during DNA synthesis.
Why is Sanger sequencing still relevant despite the rise of NGS?
A-->Sanger sequencing is still widely used for its high accuracy, simplicity, and cost-effectiveness, particularly for small-scale projects and validation of NGS results.
What are the main applications of Sanger sequencing services?
A-->Main applications include basic and applied research, clinical diagnostics, pharmaceutical and biotechnology applications, and agriculture and food industry applications.
Who are the major end-users of Sanger sequencing services?
A-->Major end-users include academic and research institutions, hospitals and clinics, pharmaceutical and biotechnology companies, and the agriculture and food industry.
✿➤ Conclusion
The Sanger sequencing service market is poised for steady growth, driven by its continued relevance in specific applications, advancements in technology, and expanding research and clinical applications. With North America and Europe leading the market, and Asia-Pacific rapidly growing, the market is expected to see significant developments and innovations. The future of Sanger sequencing services looks promising, with enhanced capabilities and broader applications transforming the landscape of genetic analysis and research.
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