This Sanger Sequencing Service Market study offers a comprehensive analysis on the Sanger Sequencing Service market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Sanger Sequencing Service market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
In 2019, the global Sanger Sequencing Service market size was US$ 251.4 million and it is expected to reach US$ 377.2 million by the end of 2026, with a CAGR of 5.9% during 2021-2026
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DNA sequencing refers to the methods and technologies that used to determine the orders of nucleotide bases in a DNA molecule, namely adenine (A), guanine (G), cytosine (C) and thymine (T). DNA sequencing enables us to perform a thorough analysis of DNA because it provides us with the most basic information of all: the sequence of nucleotides. The knowledge of DNA sequences has formed the basis of basic biological researches and clinical genetic diagnosis. There are also numerous applied technology fields such as biotechnology, forensic science and biological systematics that are heavily dependent on the information generated through DNA sequencing.
The rapid speed of sequencing attained with modern DNA sequencing technology has been instrumental in the sequencing of the human genome, in the Human Genome Project. Related projects, often by scientific collaboration across continents, have generated the complete DNA sequences the genomes of many animals, plants, and microorganisms.
TOP LEADING COMPANIES
Source BioScience, GenScript, Thermofisher, Nucleics, GenHunter Corporation, LGC Limited, SciGenom Labs, Fasteris SA, CeMIA SA, Microsynth AG, QuintaraBio, Eurofins, Genewiz
Global Sanger Sequencing Service Market by Type
Global Sanger Sequencing Service Market by Application
The Sanger method, also referred to as dideoxynucleotide sequencing or chain termination sequencing, is based on the use of dideoxynucleotide (ddNTP) in addition to the normal nucleotides (dNTP) found in DNA. Dideoxynucleotide are essentially the same as nucleotides except they contain a hydrogen group on the carbon instead of a hydroxyl group (OH). These modified nucleotides, when integrated into a DNA sequence, prevent the addition of further nucleotides thus stop the elongation of the DNA chain. This occurs because a phosphodiester bond cannot form between the dideoxynucleotide and the next incoming nucleotide, and thus the DNA chain is terminated.
USA ranks the top in terms of market size of Sanger Sequencing Service worldwide, it consists of 22.39% of the national market in 2015. China comes the second, with 21.84% of the global market. Europe occupies 20.40% of the global Sanger Sequencing Service market in the same year. All the other regions combined occupies 22.29% of the global Sanger Sequencing Service market
Global Sanger Sequencing Service Market Segmentation by Region
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Russia, Rest of Europe, Central & South America
Key players of the global Sanger Sequencing Service market are profiled on the basis of various factors, which include recent developments, business strategies, financial strength, weaknesses and main business. The Sanger Sequencing Service report offers a special assessment of top strategic moves of leading players such as merger and acquisition, collaboration, new product launch, and partnership
THE OBJECTIVES OF THE REPORT
- Determining and projecting the size of the Sanger Sequencing Service market, with respect to material, product, application, barrier strength, and regional markets, over a five-year period ranging from 2020 to 2026.
- Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions.
- Analyzing the demand-side factors based on the impact of macro and microeconomic factors on the market and shifts in demand patterns across different subsegments and regions.
In this study, the years considered to estimate the market size of Sanger Sequencing Service are as follows
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2026
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