Report Sellers has added a new market research report “Genotyping – Global Market Outlook (2017-23)” to its offerings.
According to Report, 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.
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.
Some of the key players in the 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.
Browse through the complete description and in-depth TOC on “Global Genotyping Market”
What does the Report Offers
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Global Genotyping Market has been segmented by technologies covered, end-users covered, applications covered, product and services covered and regions covered
Polymerase Chain Reaction (PCR)
Diagnostic & Research Laboratories
Pharmaceutical & Biopharmaceutical Companies
Drug discovery and development
Product and Services Covered:
Reagents & Kits
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
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