Whole Exome Sequencing Market Size By Product, By Technology, By Application, By Geographic Scope And Forecast

Posted May 18, 2020 by jennysmith

Whole Exome Sequencing Market was valued at USD 1.01 Billion in 2019 and is projected to reach USD 4.7 Billion by 2027, growing at a CAGR of 21.2% from 2020 to 2027.

Whole Exome Sequencing Market Size And Forecast
According to Verified Market Research, the Global Whole Exome Sequencing Market was valued at USD 1.01 Billion in 2019 and is projected to reach USD 4.7 Billion by 2027, growing at a CAGR of 21.2% from 2020 to 2027.

What is Whole Exome Sequencing?
Whole exome sequencing is a new technology used for systematically sequencing all the stated genes in an exome (also known as genome). The exome contains the total of all exons present in an organism. A human being normally has about 180,000 exons, creating around 1% of the human genome, or around 30 million base pairs and is converted into proteins after translation process. This sequencing technique is generally used to identify or detect the genetic factor responsible for various diseases such as Alzheimer’s and Miller syndrome.

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Global Whole Exome Sequencing Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Rapidly declining costs of sequencing, strategic alliances among major companies and research institutes, adoption of WES technology by new consumers, and growing usage of whole exome sequencing technology for new applications are some factors that are responsible to grow the global market at a rapid pace. Moreover, the growing acceptance of next generation sequencing methods for prediction, treatment, and monitoring of diverse chronic diseases such as cancer is further likely to boost the market. The shortfall of skilled professionals and legal issues associated with the technique might restrict the market growth. Furthermore, the high demand for personalized medicine and development of new innovative products by key players are expected to create the opportunities for the market growth.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Whole Exome Sequencing Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Whole Exome Sequencing Market Competitive Landscape
The “Global Whole Exome Sequencing Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Roche NimbleGen, Inc., Illumina, Inc., Agilent Technologies, Life Technologies (acquired by Thermo Fisher Scientific, Inc.), BGI, Knome, Inc., Eurofins Genomics, Inc., Macrogen, Inc., Sengenics, and GENEWIZ, Inc. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Whole Exome Sequencing Market, By Product
• Systems
• Kits
• Services

Whole Exome Sequencing Market, By Technology
• Sequencing by Synthesis
• Ion Semiconductor Sequencing
• Others

Whole Exome Sequencing Market, By Application
• Diagnostics
• Drug Discovery and Development
• Personalized Medicine
• Others

Whole Exome Sequencing Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Issued By vmr
Country United States
Categories Business
Tags Whole Exome Sequencing Market
Last Updated May 18, 2020