Sanger sequencing, often known as the "chain termination method," is a method for determining the nucleotide sequence of DNA. Sanger sequencing performs best for variant screening studies with a small total number of samples. For variant screening studies involving high sample sizes, amplicon sequencing combined with Next Generation Sequencing (NGS) is a more effective and affordable technique.
The Global Sanger Sequencing Market refers to the commercial ecosystem surrounding the use of Sanger sequencing technology, a method for determining the nucleotide sequence of DNA. This technology is essential for various applications, including genetic research, clinical diagnostics, and forensic analysis. Despite the rise of next-generation sequencing (NGS) technologies, Sanger sequencing remains a gold standard due to its accuracy and reliability. The Global Sanger Sequencing Market encompasses the sales, distribution, and development of sequencing reagents, instruments, and associated services.
Global Sanger sequencing market is estimated to be valued at USD 3,149.9 Mn in 2024, and is expected to reach USD 10,130.6 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 18.2% from 2024 to 2031.
Key Players in the Global Sanger Sequencing Market
The Global Sanger Sequencing Market is dominated by several key players who drive the industry through innovation and extensive market reach. Prominent companies include Thermo Fisher Scientific, Agilent Technologies, PerkinElmer, Bio-Rad Laboratories, and Beckman Coulter. Thermo Fisher Scientific leads the market with a broad portfolio of sequencing products and services, renowned for their high quality and precision. Agilent Technologies is another significant player, known for its advanced sequencing kits and automated systems that enhance workflow efficiency in the Global Sanger Sequencing Market.
The Global Sanger Sequencing Market is a vital component of the genomics and biotechnology sectors, characterized by its accuracy and reliability in DNA sequencing. Key players like Thermo Fisher Scientific and Agilent Technologies lead the market through innovation and extensive product offerings. Market growth is driven by key trends such as the integration with NGS technologies, advancements in automation, and the increasing demand for personalized medicine. A detailed Porter analysis and segmentation by geographical regions and product types provide a comprehensive understanding of the market dynamics. The Global Sanger Sequencing Market is poised for sustained growth, driven by continuous technological advancements and expanding applications across various sectors.
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