Genotyping Market Competitive landscape Forecast to 2023
Genotyping Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
(EMAILWIRE.COM, October 05, 2018 ) Genotyping is the procedure of deciding differences in the genetic make-up (genotype) of an individual by analyzing the individual's DNA sequence utilizing biological assays and comparing it to a reference sequence. It brings out the alleles an individual has inherited from their parents. The reagents and kits lead the market with the highest market share due to their wide usage and growing demand for genotyping tests. Personalized medicine holds the largest share and the growth can be attributed to increasing support of government for personalized medicine. North America is projected to be the leading markets in terms of market size, the growth is attributed to R&D investments and technological advancements. Asia Pacific is expected to witness high growth rate during the forecast period.
Top key players in global Genotyping market are -
GE Healthcare, Illumina, Inc, Agilent Technologies, Life Technologies Corporation (Thermofisher Scientific) , Beckman Coulter, Roche, Qiagen NV, Affymetrix, Inc, Fluidigm Corp, Sequenom Inc, Douglas Scientific LLC, Premium Biosoft and Genewiz, Inc.
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Global Genotyping market is estimated at $8.64 billion in 2016 and is expected to reach $31.19 billion by 2023 growing at a CAGR of 20.1% from 2016 to 2023. Growing awareness regarding personalized medicine and genetic diseases among the people, increase in target diseases occurrence and technological improvements in genotyping are the key factors driving the market growth. On the other hand, poor reimbursement policies are hampering the market growth. Demand for low cost genotyping service and huge flow of investments are the opportunities for the market to grow.
The global market consists of different international, regional, and local vendors. The market competition is expected to grow higher with the increase in technological advancements and mergers & acquisitions activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. Asia-Pacific is likely to register major value generating region during the forecast period. Countries such as China, Japan, South Korea, and Taiwan will account for the high market share where the growth of the market is mainly driven by the rise in investments and advancements in technology.
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Technologies Covered:
-Sequencing
-Polymerase Chain Reaction (PCR)
-Capillary Electrophoresis
-Maldi-Tof
-Microarray
-Mass spectrometry
-Other Technologies
End-Users Covered:
-Diagnostic & Research Laboratories
-Pharmaceutical & Biopharmaceutical Companies
-Academic Institutions
Applications Covered:
-Pharmacogenomics
-Diagnostic Research
-Agricultural Biotechnology
-Animal Genetics
-Personalized medicine
-Drug discovery and development
-Other Applications
Product and Services Covered:
-Reagents & Kits
-Instruments
-Bioinformatics Software
-Genotyping Services
Get more information at: https://www.reportsweb.com/inquiry&RW00011415605/discount
Top key players in global Genotyping market are -
GE Healthcare, Illumina, Inc, Agilent Technologies, Life Technologies Corporation (Thermofisher Scientific) , Beckman Coulter, Roche, Qiagen NV, Affymetrix, Inc, Fluidigm Corp, Sequenom Inc, Douglas Scientific LLC, Premium Biosoft and Genewiz, Inc.
Request sample copy at: https://www.reportsweb.com/inquiry&RW00011415605/sample
Global Genotyping market is estimated at $8.64 billion in 2016 and is expected to reach $31.19 billion by 2023 growing at a CAGR of 20.1% from 2016 to 2023. Growing awareness regarding personalized medicine and genetic diseases among the people, increase in target diseases occurrence and technological improvements in genotyping are the key factors driving the market growth. On the other hand, poor reimbursement policies are hampering the market growth. Demand for low cost genotyping service and huge flow of investments are the opportunities for the market to grow.
The global market consists of different international, regional, and local vendors. The market competition is expected to grow higher with the increase in technological advancements and mergers & acquisitions activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. Asia-Pacific is likely to register major value generating region during the forecast period. Countries such as China, Japan, South Korea, and Taiwan will account for the high market share where the growth of the market is mainly driven by the rise in investments and advancements in technology.
Have any query? Enquire about report at: https://www.reportsweb.com/inquiry&RW00011415605/buying
Technologies Covered:
-Sequencing
-Polymerase Chain Reaction (PCR)
-Capillary Electrophoresis
-Maldi-Tof
-Microarray
-Mass spectrometry
-Other Technologies
End-Users Covered:
-Diagnostic & Research Laboratories
-Pharmaceutical & Biopharmaceutical Companies
-Academic Institutions
Applications Covered:
-Pharmacogenomics
-Diagnostic Research
-Agricultural Biotechnology
-Animal Genetics
-Personalized medicine
-Drug discovery and development
-Other Applications
Product and Services Covered:
-Reagents & Kits
-Instruments
-Bioinformatics Software
-Genotyping Services
Get more information at: https://www.reportsweb.com/inquiry&RW00011415605/discount
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results