Analyzing the Short Read Sequencing Market: Growth, Trends, and Insights for 2029

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Global Short Read Sequencing Market size was valued at USD 5.40 Bn in 2022 and is expected to reach USD 16.3 Bn by 2029, at a CAGR of 18.8 %.

Short Read Sequencing Market Report Overview:

The  Short Read Sequencing Market report delivers an insightful analysis, offering a glimpse into a dynamic and flourishing industry's future. Armed with the report's insights, stakeholders in this sector can make informed decisions. This extensive Short Read Sequencing Market research serves as a strategic tool, providing a competitive edge and ensuring sustained success in today's economy. Inside this report, you'll find in-depth information covering various facets of the industry, including methodologies, models, and prominent competitors operating across diverse regions.

Short Read Sequencing Market Growth :

Global Short Read Sequencing Market size was valued at USD 5.40 Bn in 2022 and is expected to reach USD 16.3 Bn by 2029, at a CAGR of 18.8 %.

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Short Read Sequencing Market Report Scope and Research Methodology

The primary objective of this report is to present a comprehensive analysis of the Short Read Sequencing Market in a clear and accessible manner. Employing research methodologies such as PESTLE and Porter's five forces analysis, our team of market analysts and researchers has conducted a thorough evaluation of the global Short Read Sequencing Market. They've furnished precise and dependable market data, coupled with valuable insights aimed at helping companies gain a better understanding of current and future industry conditions. The report also includes a meticulous examination of key segments and their contributions to the overall Short Read Sequencing Market size.

Furthermore, this report provides regional and country-specific revenue data within the Short Read Sequencing Market. Profiles of key players in the global Short Read Sequencing Market receive extensive coverage in this study. The research also outlines investment opportunities, recommendations, and ongoing trends in the global Short Read Sequencing Market. This analysis equips major companies operating in the global Short Read Sequencing Market to make informed decisions and develop effective strategies, ensuring they remain at the forefront of the industry's evolution.

Short Read Sequencing Market Segmentation:

by Product

1. Consumables
2.Services
3.Instruments

Market Segmentation Using Short Read Sequencing for Products

Because they are temporary and provide greater utilisation than other items, consumables are one of the top products in the market for short read sequencing. Nearly 65% of the market for product segmentation is made up of consumables. Consumables continue to be used in practically all procedures due to their versatility and usefulness. With a CAGR of almost 20%, services are expected to grow the fastest and take the lead in this market. The demand for laboratories has expanded along with research. As an illustration, GENEWIZ offers tailored short-read amplicon sequence analysis for antibody profiling on Illumina systems. Additionally, instruments make up a small portion of the market because new technology is constantly evolving and changing, favouring newer instruments.

by Technology

1.Next gen sequencing
2.Sanger sequencing

Analysis of the Short Read Sequencing Market by Technology

Sanger sequencing and next-generation sequencing can be used as market segmentation tools for short read sequencing. Sanger sequencing cannot compare to next-generation sequencing in terms of cost, speed, DNA requirement, accuracy, or reliability. NGS hence has a little advantage over Sanger sequencing. So, if we take into account short-read sequencing, NGS is widely thought to be the more effective and affordable choice. NGS is the best option for applications that Sanger cannot produce since it can generate millions of short reads in a single run. Long base pair (LBP) reads from Sanger sequencing can range in length from several hundred to several thousand base pairs.

by Work

1.Sequencing
2.Pre-Sequencing
3.Data Analysis

Market Segmentation for Short Read Sequencing by Work

As more study is conducted, sequencing is taking the lead in this segmentation. Nearly 60% of the total is made up of sequencing, which has a substantial market share in the short-read sequencing sector. DNA sequencing platforms have been introduced as a result of intense market competition. These systems consist of iSeq and MiSeq. The short-read sequencing market is forecast to develop at a CAGR of about 21%, with data analysis expected to have the quickest rate of expansion. Gene expression analysis, which can be used to examine illness progression and diagnosis, is made possible by data analysis. In clinical research studies, it is crucial.

by Application

1.Whole Genome Sequencing
2.Whole Exome Sequencing
3.Targeted Sequencing & Resequencing
4.DNA-base
5.RNA-based

Market Segmentation for Short Read Sequencing based on Applications

The short read sequencing market is divided into categories such as whole genome sequencing, whole exome sequencing, targeted sequencing & resequencing, DNA-based, and RNA-based. With a market share of 68.21%, the targeted sequencing and resequencing segment generated the biggest revenue. Targeted sequence analysis is made simpler, less burdened by complicated data, more focused, and more accurate. Whole genome sequencing is a market with enormous future potential because both government and non-government organisations have used the technique to detect rare and rare disorders in newborns and young children.

by End-User

1.Pharma companies
2.Research institutions
3.Clinical Laboratories

Short Read Sequencing Market Regional Insights

The report includes Regional Insights, offering clients a comprehensive understanding of the Short Read Sequencing Market on a regional scale. Understanding local energy dynamics, economic conditions, political factors, and geographic nuances is essential for grasping regional shifts within the Short Read Sequencing Market. The interplay of the Short Read Sequencing Market significantly influences local development strategies. This report encompasses regional considerations affecting the Short Read Sequencing Market and their implications for domestic growth in specific countries.

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Short Read Sequencing Market Key players:

1. Agilent Technologies – USA 2.10x Genomics – USA 3.Bio-Rad Laboratories - USA 4.Bionano Genomics – USA 5. Thermo Fisher Scientific - USA 6. GenapSys - USA 7. Illumina - USA 8. Natera, Inc. – USA 9. Pacific Biosciences - USA 10. Partek Incorporated - USA 11. Roche Sequencing Solutions - USA 12. SeqLL, LLC - USA 13. Eurofins Scientific - Luxembourg 14. F. Hoffmann-La Roche AG - Switzerland 15. Intrexon Bioinformatics Germany GmbH – Germany 16. NRGene - Israel 17. Oxford Nanopore Technologies- UK 18. QIAGEN - Germany 19. Macrogen - South Korea 20. MGI Tech Co., Ltd. - China 21. Takara Bio Inc. – Japan 22. BGI Genomics – China

Table of Content: Short Read Sequencing Market

Part 01: Executive Summary

Part 02: Scope of the Short Read Sequencing Market Report

Part 03: Short Read Sequencing Market Landscape

Part 04: Short Read Sequencing Market Sizing

Part 05: Short Read Sequencing Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key questions answered in the Short Read Sequencing Market report:

  1. What is the growth potential of the Short Read Sequencing Markets?
  2. Which segment will grow at a steady pace?
  3. What are the main challenges that the global Short Read Sequencing Market could face in the future?
  4. What are the leading companies in the world market of Down Jacket ?

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Key Offerings:

  • Market Overview
  • Market Share
  • Market Size
  • Forecast by Revenue | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by segments, sub-segments and region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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