DNA SEQUENCING EQUIPMENT AND SERVICES MARKET ANALYSIS

Dna Sequencing Equipment And Services MarketSize and Trends

DNA Sequencing Equipment and Services Market Scenario

DNA sequencing equipment and services market is expected to develop at an impressive growth rate during the forecast period (2016–2024), owing to diverse applications that include the detection of the genes responsible for the genetic disorders and diseases such as Alzheimer’s disease and cystic fibrosis. Various factors such as advancements in technology, increasing partnerships and collaborations in order to enhance the research in the field of DNA sequencing also fuel growth of the market. However, the lack of trained professionals along with accuracy concerns may hamper the growth of the market. The market is dominated by the third generation system of direct sequencing of the parent DNA molecule. The technology is exceptionally different from the first and the second generation system, to measure the pyrophosphate synthesis it uses luminescent method. Later Jonathan Rothberg invented the NGS (next-generation sequencing) technology. The developed countries of North America and the European region is dominating the global DNA sequencing market. Moreover due to rapid growth in the economy and awareness Asia Pacific region is expected to have a significant growth during the forecasted period.