The global whole genome sequencing market size was valued at USD 1,829.3 billion in 2023 and is poised to grow at a compound annual growth rate (CAGR) of 17.9% during the forecast period 2024-30. It also includes market size and projection estimations for each of the five major regions from 2024 to 2030. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the Whole Genome Sequencing Market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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The global Whole Genome Sequencing Market segmentation:
1) By Technology: Sequencing by Synthesis, Ion Semiconductor Sequencing, and Nanopore Sequencing.
2) By Application: Diagnostics, Drug Discovery & Development, and Personalized Medicine.
3) By End User: Academic & Research Institutes, Pharmaceutical & Biotechnology Companies, and Hospitals & Clinics.
The primary factors of the Whole Genome Sequencing Market drivers are growing prevalence of genetic disorders, and technological advancements in sequencing and bioinformatics. The Whole Genome Sequencing Market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.
The Whole Genome Sequencing Market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the Whole Genome Sequencing Market report, accounting for the highest share in 2022. It was followed by Asia Pacific, and then the other regions.
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The important profiles and strategies adopted by the Whole Genome Sequencing Market key players are Illumina, Inc., Thermo Fisher Scientific Inc., BGI Group, Pacific Biosciences of California, Inc., Oxford Nanopore Technologies plc, QIAGEN N.V., Macrogen, Inc., Novogene Co., Ltd., Genewiz, Inc. (Brooks Automation, Inc.), Roche Holding AG is covered here to help them in strengthening their place in the market.
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