Lucintel Forecasts Genotyping Market to Grow at a CAGR of 20%-25%

According to the recent study the genotyping market is projected to grow at a CAGR of 20%-25% from 2020 to 2026. Growth in this market is primarily driven by increasing research and development activities in the healthcare sector, rising prevalence of genetic diseases, and technological advancement in gene studies.  

Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in genotyping market by product (reagents and kits, instruments, and services), technology (PCR (polymerase chain reaction), capillary electrophoresis, mass spectrometry, sequencing, microarray, and others), application (diagnostics, drug discovery and development, personalized medicine, academic research, and agricultural biotechnology & others), end user (pharmaceutical & biopharmaceutical companies, diagnostic & research laboratories, academic institutes, and other end users), 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/genotyping-market.aspx

“Reagents and kits market is expected to remain the largest segment during the forecast period.”      

Based on product, the genotyping market is segmented into reagents and kits, instruments, and services. Lucintel forecasts that the reagents and kits market is expected to remain the largest segment during the forecast period due to a wide usage rate, surging demand for genotyping tests, cost-effectiveness, and easy availability of reagents.

“Within the genotyping market, the personalized medicine segment is expected to remain the largest application.”  

Based on application, the personalized medicine segment is expected to witness the largest segment over the forecast period due to rising government support for personalized medicine, changing reimbursement and regulatory landscape, and the growing adoption of sequencing for genetic mapping. 

“North America will dominate the genotyping market in near future.”

North America is expected to be the largest region over the forecast period due to the well-established healthcare infrastructure and rapid advancements in technology in the region.

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Major players of genotyping 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. QIAGEN, Affymetrix, Illumina, Thermo Fisher Scientific, General Electric, Agilent Technologies, and Roche are among the major genotyping 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/genotyping-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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