Emphasis on Application (Diagnostics, Biomarkers and Cancer, Reproductive Health, Personalized Medicine, Forensics, and Others); End User (Academics and Governmental Organizations, Pharmaceutical Companies, Hospitals & Clinics, and Others); and Region/Country
Global Sanger Sequencing Service Market is expected to grow at a significant rate of around 10% during the forecast period. Sanger sequencing is a DNA sequencing method that was developed in the late 1970s and is still widely used today for a variety of applications, including genetic research, drug development, and clinical diagnostics. Sanger sequencing involves the use of fluorescently labeled nucleotides and chain-terminating dideoxynucleotides to create a series of DNA fragments that can be separated by size using capillary electrophoresis. The sanger sequencing service market is primarily driven by the growing demand for genetic research and personalized medicine. Genetic research has become increasingly important in fields such as oncology, neurology, and infectious diseases, and sanger sequencing is often used in the initial stages of research projects to generate high-quality DNA sequences that can be analyzed for variations and mutations. In addition to genetic research, sanger sequencing is also used in clinical diagnostics to identify genetic mutations that can lead to diseases such as cancer, cystic fibrosis, and Huntington’s disease.
Microsynth AG; Thermo Fisher Scientific, Inc.; Azenta Life Sciences; GenHunter Corporation; LGC Biosearch Technologies; Laragen, Inc; STARSEQ GmbH; Medisupport SA; Quintara; and ciGenom Labs Pvt. Ltd. are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst application, personalized medicine category to witness higher CAGR during the forecast period ”
Based on the application, the market is segmented into diagnostics, biomarkers and cancer, reproductive health, personalized medicine, forensics, and others. The personalized medicine is anticipated to grow with significant CAGR during the forecast period. Personalized medicine is a rapidly growing field that involves tailoring medical treatments to an individual’s unique genetic makeup. Sanger sequencing, which is a method for DNA sequencing, plays a critical role in personalized medicine by enabling the identification of specific genetic mutations and variants that can inform personalized treatment plans. Sanger sequencing is increasingly being used in clinical trials to identify patients who may benefit from personalized treatments. Thus, the above mentioned factors are driving the market growth during the forecast period.
Sanger Sequencing Service Oil Market Report Coverage
“Amongst end user, the hospitals & clinics category to hold a significant share in the market in 2021 ”
On the basis of end user, the market is segmented into academics and governmental organizations, pharmaceutical companies, hospitals & clinics, and others. The hospitals & clinics category held a significant share of the market in 2021. By using Sanger sequencing to identify specific genetic mutations and variants, hospitals and clinics can provide more personalized treatment plans for their patients. This has the potential to improve patient outcomes and reduce healthcare costs by reducing the need for trial-and-error treatments.
“Asia Pacific to witness higher CAGR during the forecast period”
Asia Pacific is expected to grow with significant CAGR during the forecast period. The growth of the APAC sanger sequencing service market is driven by various factors, including the increasing demand for genetic testing and personalized medicine, the growing prevalence of genetic disorders, and the rising focus on agriculture biotechnology. China is expected to dominate the market, owing to its large population and increasing demand for genetic testing. Japan is also a significant market, due to the presence of well-established research facilities and academic institutions.
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1. Market Introduction
2. Research Methodology Or Assumption
3. Market Synopsis
4. Executive Summary
5. Impact Of Covid-19 On The Sanger Sequencing Service Market
6. Sanger Sequencing Service Market Revenue (usd Bn), 2020-2028f
7. Market Insights By Application
8. Market Insights By End User
9. Market Insights By Region
10. Sanger Sequencing Service Market Dynamics
11. Sanger Sequencing Service Market Opportunities
12. Sanger Sequencing Service Market Trends
13. Demand And Supply-side Analysis
14. Value Chain Analysis
15. 15. Competitive Scenario
16. Company Profiled
17. Disclaimer
Research Methodology for the Sanger Sequencing Service Market Analysis (2022-2028)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global sanger sequencing service market were the three major steps undertaken to create and analyze the adoption of sanger sequencing service in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global sanger sequencing service market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the sanger sequencing service market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the sanger sequencing service market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as application and end user. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the sanger sequencing service market. Further, we conducted factor analysis using dependent and independent variables such as various application and end user of sanger sequencing service. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the sanger sequencing service market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global sanger sequencing service market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions`
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global sanger sequencing service market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of application and end user in the global sanger sequencing service market.
The main objective of the Global Sanger Sequencing Service Market Study
The current & future market trends of the global sanger sequencing service market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
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