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DNA Sequencing Market to Witness an Outstanding Growth by 2017 - 2025 -Persistence Market Research
DNA Sequencing Market: Drivers & Restraints
The increasing trends of personalized genomics, growing demand for easy and fast clinical diagnosis, increase in the cancer research activities, high throughput technology, funding by the governmental agencies for research activities and landing up of various leading companies in DNA sequencing is expected drive the growth of DNA sequencing market. However, expensive machinery, algorithmic challenges, repeat content, professional expertise and ethical issues are some of the challenges that restraints the market of DNA sequencing from growing.
DNA Sequencing Market: Key Players
Some of the key market players in the DNA sequencing market are Siemens AG, Pacific Biosciences, Eppendorf, Perkin Elmer, Agilent Technologies Inc., Illumina, Genia Corporation, Oxford Nanopore technologies, Roche Holdings AG, ThermoFisher Scientific and many others .
DNA Sequencing Market: Regional Overview
Based on geography, DNA Sequencing market is segmented into five key regions: North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. North America is at the top in the use of high-throughput sequencers owing to availability of skilled professionals and growing innovation in the sequencing technology. Europe is at its second position in overall DNA sequencing market share with growing focus on cancer research by CROs and biopharmaceutical companies. Asia-Pacific is expected to grow in the future because of the increasing government funds in the research sector.
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