Sequencing Reagent Market Is Anticipated To Grow At A Cagr Of 13%-15% During 2020-2025

By Author: Lucintel LLC
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The global sequencing reagent market is projected to grow at a CAGR of 13%-15% during 2020-2025. The growth of sequencing reagent market is driven by rising research and development activities related to genomics, decreasing genetic sequencing cost, government initiatives to support research related to sequencing, and high unmet medical needs.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the sequencing reagent market by reagent type (library kits, template kits, control kits, sequencing kits, and others), technology (sanger sequencing, next-generation sequencing, and third generation sequencing), application (oncology, reproductive health, clinical investigation, agrigenomics & forensics, and others), end use (academic research, clinical research, hospitals & clinics, pharmaceutical & biotechnology companies, and others), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the ...
... sequencing reagent market?
Q.4 What are some changing demands of customers in the sequencing reagent market?
Q.5 What are the new developments in the sequencing reagent market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this sequencing reagent area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this sequencing reagent market?
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Market Segmentation:
Based on reagent type, the sequencing reagent market is segmented into library kits, template kits, control kits, sequencing kits, and others. The sequencing kits segment accounted for the largest share of the market in 2020 due to increasing research and development activities related to genomics.
North America is expected to be the largest region over the forecast period over the forecast period due to rising research activities related to sequencing, presence of highly conducive healthcare infrastructure, and favorable government laws in the region.
Key Players in the sequencing reagent market are Agilent Technologies, Oxford Nanopore Technologies, Roche, Pacific Biosciences of California, BGI, Qiagen, Illumina, Thermo Fisher Scientific, Fluidigm, and Bioline.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/sequencing-reagent-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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