DNA Sequencing Market: DNA Sequencing Industry is Expected to Penetrate the Clinical Field in the Coming Years as DNA Sequencing Technologies
DNA sequencing industry is segmented into instruments and consumables, services, and workflow products. Instruments and consumables segment are the rapidly emerging segments accounting for about $2.2 billion by the year 2016. Services segment is expected to grow significantly and reach market value of $3.5 billion with CAGR of 29% over the year 2016. The workflow segment will reach $883.6 million at CAGR of 16.6% by 2016.
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The chain terminator DNA sequencing market and next generation DNA sequencing market are constantly undergoing technological changes, thus creating new opportunities and attracting new market players to this industry.
The DNA sequencing industry is expected to penetrate the clinical field in the near future as DNA sequencing technologies can be used in a number of clinical applications.
The current breakthroughs in bioinformatics, imaging, nanotechnology and microfluidics are revolutionizing many life science fields and providing a novel platform for next generation DNA sequencing.
-Instruments and Consumables
Segmentation Based on Technology
-Chain Terminator DNA Sequencing
-Next Generation DNA Sequencing
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Some of the major players dominating this market are 454 Life Sciences, Beckman Coulter (Fullerton, CA), GE Healthcare Life Sciences, LI-COR Biosciences (Lincoln, NE), Abbott Laboratories, Agilent Technologies, Bayer Corporation, Commonwealth Biotechnologies, Hamilton Thorne Biosciences, Integrated DNA Technologies, Johnson & Johnson, Microchip Biotechnologies, Myriad Genetics, Pacific Biosciences, Siemens AG, ZS Genetics, and others.
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