DNA Sequencing: Emerging Technologies and Applications

March 15, 2012

Wellesley, Mass. – According to a new technical market research report, DNA SEQUENCING: EMERGING TECHNOLOGIES AND APPLICATIONS (BIO045D) from BCC Research (www.bccresearch.com), the global market for sequencing products and services was valued at nearly $3 billion in 2011, and is forecast to grow at a compound annual growth rate (CAGR) of 17.5% to reach $6.6 billion by 2016.

The sequencing products market can be broken down into three segments: instruments and consumables, services, and workflow products.

The segment made up of instruments and consumables accounted for nearly $1.6 billion in 2011 and is expected to increase at a CAGR of 7.3% to reach $2.2 billion in 2016.

The services segment accounted for $987.6 million in 2011 and is expected to increase at a CAGR of 29% to reach $3.5 billion in 2016.

Workflow products, worth nearly $410 million in 2011, should reach $883.6 million in 2016 at a CAGR of 16.6%.

Segments of the sequencing applications market that will provide substantial future growth opportunities for industry participants include consumer and diagnostic sequencing services, bioinformatics, sequence enrichment, benchtop NGS sequencers and consumables, and emerging sequencing instruments. 

Each human genome contains approximately 3 billion base pairs of sequence. This sequence varies slightly from one individual to the next, which together with environmental factors accounts for the differences seen in people.

The most common form of single-base change is single nucleotide polymorphisms, or SNPs, which occur when a single nucleotide differs between individuals or paired chromosomes, resulting in at least two alleles. SNPs can be considered common, that is, occurring in greater than 1% of the general population, or rare, occurring in less than 1% of the population.

This study will be of particular interest to life science research tools suppliers, as well as pharmaceutical, diagnostics, nanotechnology, bioinformatics, semiconductor, and biotechnology companies. It also will be valuable to companies seeking to benefit from genome sequencing projects, microarray companies seeking an entry into the sequencing market, informatics companies who wish to expand their market reach, and in vitro diagnostics companies who want to add sequencing platforms to their portfolios.

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DNA Sequencing: Emerging Technologies and Applications( BIO045D )
Publish Date: Mar 2012    

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