Market Challenges And Opportunities

Global SNP Genotyping And Analysis Market– Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease spread to over 100 countries across the globe, and the World Health Organization declared it a public health emergency on January 30, 2020.

COVID-19 affected the economy in three main ways: by directly affecting the production and demand of SNP genotyping and analysis, by creating disruptions in supply chains, and through its financial impact on firms and financial markets. Due to nationwide lockdowns, several countries such as China, India, Saudi Arabia, the U.A.E., Egypt, and others faced problems regarding transportation of materials from one place to another.

The SNP genotyping can be utilized to detect the SARS-CoV-2 variants thus, supporting the development of the market by quelling the next possible outbreak of the virus. A study published in the journal PLOS ONE, in February 2021, found that genotyping PCR allele competitive extension- reverse transcription (PACE-RT) with a narrow panel of SNPs can add useful genotype information to PCR-positive samples at a low cost. The benefit of PACE-RT SNP genotyping technique is that the SNP panel can be updated on a regular basis at a low cost. With the emergence of numerous COVID-19 variations, the PACE-RT SNP genotyping technique may be valuable for epidemiological surveillance.

Global SNP Genotyping And Analysis Market: Restraint

Limitations on sensitivity of SNP arrays

Low sensitivity of some SNP arrays can hamper the market development over the forecasted period. According to a study published in Curret Protocols in November 2022, SNP arrays can be used to detect triplication, mosaicism, and homozygous loss (nullisomy). However, SNP arrays cannot detect balanced translocations within a genome, nor can they recognise the presence of numerous clones with differing abnormalities. Furthermore, single-nucleotide variations are undetected by SNP arrays and require alternative detection approaches, such as sequencing-based methods.

Market players can develop novel sensitive SNP genotyping technologies that can utilized in different applications to increase the output.