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Friday, July 1, 2022

Lucintel Forecasts Short-Read Sequencing Market to Grow at a CAGR of 10%-12%

According to the recent study the short-read sequencing market is projected to grow at a CAGR of 10%-12% from 2020 to 2025. Growth in this market is primarily driven by increasing demand for personalized medicines and companion diagnostics and decreasing cost of genetic sequencing.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in short-read sequencing market by product (instruments, consumables, and services), technology (next-generation sequencing and sanger sequencing), workflow (pre-sequencing, sequencing, and data analysis), application (oncology, clinical investigation, reproductive health, HLA typing/immune system monitoring, metagenomics, epidemiology & drug development, agrigenomics & forensics, and consumer genomics), end use (academic research, clinical research, hospitals & clinics, pharma & biotech entities, and others), and region (North America, Europe, Asia Pacific, and Rest of the World).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/short-read-sequencing-market.aspx

“Consumables market is expected to remain the largest segment during the forecast period.”  

Based on product, the short-read sequencing market is segmented into instruments, consumables, and services. Lucintel forecasts that the consumables market is expected to remain the largest segment due to its value-added product features like real-time data, and is gaining in popularity as they are short-lived and exhibit higher usability as compared to instruments.  

“Within the short-read sequencing market, the oncology segment is expected to remain the largest application.”   

Based on application, the oncology segment is expected to witness the largest application during the forecast period due to increasing prevalance of cancer and presence of advanced platforms, which allow medical specialists to understand the genetic makeup of tumor cells.

“North America will dominate the short-read sequencing market in near future.”

North America is expected to be the largest region during the forecast period due to favorable regulatory environments that are supporting the development of genomics and presence of the key players in the region.

Download Brochure of this report by clicking on https://www.lucintel.com/short-read-sequencing-market.aspx  

Major players of short-read sequencing market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Thermo Fisher Scientific, Roche, Qiagen, Illumina, Genewiz, Genscript Biotech, 10x Genomics, Macrogen, Agilent Technologies, and BGI Genomics are among the major short-read sequencing providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/short-read-sequencing-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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