Press release
DNA Sequencing Market Is Expected To Penetrate The Clinical Field In The Near Future & Industry Analysis By 2018
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.
Market Segmentation
• Instruments and Consumables
• Services
• Workflow Products
Segmentation Based on Technology
• Chain Terminator DNA Sequencing
• Next Generation DNA Sequencing
The DNA sequencing market research report analyzes this market depending on its market segments and major geographies. Geographies analyzed under this research report are
• North America
• Asia Pacific
• Europe
• Rest of the World
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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