Snp Single Nucleotide Polymorphism Market to Rake in Nearly US$9.48 bn In Terms of Revenue By the End of 2019
The introduction of new SNP genotyping technologies will have a far-reaching impact on the overall growth of the market, says TMR’s report. The positive impact of this trend will be visible in the robust growth projected to be exhibited by the market. The market is on course to exhibiting a compounded annual growth rate (CAGR) of 21.8% from 2013 to 2019. The heightened research interest in pharmacogenomics and livestock breeding has created opportunities of high economic value for companies in the SNP genotyping and analysis market
Read Report @ https://www.transparencymarketresearch.com/snp-single-nucleotide-polymorphism-market.html
Many of these opportunities will also make it possible for the average consumer in both developed and developing economies to access genotyping. However, the dynamics of the market are affected by the fact that there are nearly eight to 10 different kinds of SNP genotyping techniques, including Microarray, aqMan, MALDI-TOF, and SNPlex. What also aids the market’s growth is that over two million SNP genotypes have been added to a global database as part of the Human Genome Project. That has spurred numerous R&D activities in the genotyping and analysis market. Companies have invested bullishly in understanding how new diagnostic techniques similar to companion diagnostics can be developed so as to understand genome behavior as individuals age.
Food crops such as corn, oats, rice, wheat, and maize are undergoing intensive research after SNP genotyping in the agriculture sector having gained widespread acceptance. Several widely accepted products have been launched on the market as a result of this. A case in point is Affymetrix’s 44K array that is now extensively used for rice genotyping and helps farmers identify factors impacting yield.
The report segments the global genotyping market based on the following criteria: Technology, application, and geography. By technology, the market is segmented into Taqman Allelic Discrimination, SNP by Pyrosequencing, AB SNPlex, SNP GeneChips and Microarrays, MassARRAY MALDI-TOF. Likewise, by application type, the market is divided into the following segments: Breeding and animal livestock, pharmaceuticals and pharmacogenomics, agricultural biotechnology, and diagnostic research.
Furthermore, on the basis of geography, the market has been segmented into: Europe, North America, Asia Pacific, and Rest of the World. Regionally, North America represents the largest market for SNP technologies. A strong demand from the pharmacogenomics and livestock breeding sectors is likely to positively impact the global genotyping and analysis market. However, the highest growth is expected to come from the Asia Pacific region, which has been projected to report a CAGR of 23.1% through the report’s forecast period.
Request Sample Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=432
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.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Snp Single Nucleotide Polymorphism Market to Rake in Nearly US$9.48 bn In Terms of Revenue By the End of 2019 here
News-ID: 848249 • Views: 149
More Releases from Transparency Market Research
High Nutritional Content Fuelling Demand For Yogurt Market
Rising awareness about the benefits of yogurt over curd is propelling the demand for yogurt among consumers Yogurt has lower sugar and fat content, making it preferable for health conscious customers. Besides, manufacturers are boosting the nutrition value by adding minerals, vitamins, and fiber in the product. For example, Arla foods, a food manufacturing company, has recently introduced fiber-rich yogurt. The yogurt has high protein content, adequate amount of
Increasing Inclination Towards Healthy Lifestyle To Propel Protein Supplements M …
According to a new report by Transparency Market Research (TMR), a leading market intelligence firm, the global protein supplements market is witnessing a tremendous rise in its valuation, thanks to the increased focus of consumers towards acquiring a healthy lifestyle. With the presence of a large number of players, such as GlaxoSmithKline Plc, Amway Corp., ABH Pharma Inc., Vitacost.com Inc., and Nu Skin Enterprises Inc., the competitive landscape in the
Ginger Market is expected to reach a valuation of US$4.18 bn by the end of 2022
The global reach and acceptance for spices, especially for ginger have been increasing in recent years, presenting promising growth opportunities for large-scale manufacturers and processors of the spice that also promises vast health benefits, observes Transparency Market Research in a recent report. The global ginger market has multiple players, owing to which the vendor landscape is fragmented and is competitive in nature. Read report Overview- https://www.transparencymarketresearch.com/ginger-market.html The dominant players in the global
Feather Meal Market: Import-Export, Industry Chain Structure and Development Opp …
A recent study published by Transparency Market Research on the feather meal market includes global industry analysis and opportunity assessment for 2020-2030. Revenue generated from the global feather meal market was valued at US$ 359.5 Mn in 2020, which is estimated to rise at a CAGR of 8.6%, to reach ~US$ 820 Mn by 2030. Obtain Report Details @ https://www.transparencymarketresearch.com/feather-meal-market.html global feather meal market Nutritive Value of Feather Meal to Influence Feather
More Releases for SNP
Polyvinyl Alcohol (PVA) Market Forecast 2018 - 2028 | KURARAY, Polysciences, Pol …
Polyvinyl Alcohol (PVA) Market: Overview Polyvinyl alcohol (PVA), is a synthetic polymer which is soluble in water. It is an important compound utilized in making process in several end-use sectors. The major end-use sectors are construction, food packaging, electronics, printing, coatings, textile, paper, and cosmetics. PVA compound is majorly boosted by the rising demand from the food packaging sector, as it providea more solubility in water is a material with better
Asia Pacific is the fastest growing Single Nucleotide Polymorphism (SNP) Genotyp …
Single Nucleotide Polymorphism (SNP) is usually a mutation found at a specific locus or a single base pair mutation containing two alleles. SNPs aid in understanding the correlations among genotype and behavior indicated by all living organisms. SNP genotyping is the measurement of genetic variations that commonly occur in individuals. Unlike conventional time consuming, expensive and labor extensive detection technology, SNP technology is highly efficient, relatively inexpensive and automated. Get
Global SNP Genotyping Market 2018-2025 Demand and Insights Analysis Report
Complete report on SNP Genotyping market spread across 116 pages, profiling 06 companies and supported with 178 tables and figures is now available at: https://www.inforgrowth.com/requestdiscount/r/32439/global-snp-genotyping-and-analysis-market-insi Single Nucleotide Polymorphisms (SNPs) are the most common genetic variation in people. It is a single base pair mutation, usually found at a specific locus. Analysis of SNPs is generally used to study the genetic determinants associated with diseases. SNP genotyping has a wide
Single Nucleotide Polymorphism (SNP) Genotyping Market Revenue, Opportunity, For …
Single Nucleotide Polymorphism (SNP) Genotyping are single base positions in the genome that shows natural variation within a population. Single Nucleotide Polymorphism (SNP) Genotyping is the most profuse form of genetic variation in the human beings, totaling to all most 90% of all the differences between distinct individuals. Single Nucleotide Polymorphism (SNP) Genotyping patterns are most likely to affect many human phenotypes. Single Nucleotide Polymorphism (SNP) Genotyping plays a crucial
SNP Genotyping Market 2018 SWOT Analysis by Players: Illumina, Affymetrix, Appli …
Global SNP Genotyping Market Size, Status and Forecast 2025 presents an in-depth assessment of the SNP Genotyping industry including enabling technologies, deployment models, market drivers, key trends, standardization, regulatory landscape, challenges, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for SNP Genotyping Market investments from 2018 till 2025. This report divides the global SNP Genotyping market on the basis of types
Single Nucleotide Polymorphism (SNP) Genotyping Market Size, Status and Forecast …
The Single Nucleotide Polymorphism (SNP) Genotyping market was valued at 7620 million US$ and it is expected to reach 35200 million US$ by the end of 2025, at a CAGR of 21.1% during the forecast period. Many countries are focusing on innovations, and expansions are being carried out through rural electrification projects, which would help increase the demand for Single Nucleotide Polymorphism (SNP) Genotyping in the coming years. This research report