DNA SEQUENCING EQUIPMENT AND SERVICES MARKET ANALYSIS

Market Challenges And Opportunities

However, the lack of trained professionals along with accuracy concerns may hamper the growth of the market.

As per WHO fact sheets, 1.54 million deaths occurred due to Alzheimer disease and 1 in 6 deaths was reported due to cancer, in 2015. Thus, with the changing era of awareness, the use of DNA sequencing equipment and services is also expected to gain traction in order to detect such deadly diseases and aid their treatment early stages. This creates a highly conducive environment for market growth.