Global Genotyping Assay Market: Overview
The global genotype assay market is expected to increase remarkably in the years to come due to the rise in occurrences of diseases that are genetically acquired all over the world. The measurement of genetic difference of a single nucleotide polymorphisms or SNPs across other members of a particular species is known as genotyping.
There are different variations to the global genotyping assay market based on product and service, technology, application, and end-users. On the basis of product and services, the global market for genotyping assay is classified into reagents and kits, genotyping services, instruments, and bioinformatics. The instruments segment is further categorized into sequencers and amplifiers, and analyzers while the bioinformatics segment is further grouped into services and software. Among these, the reagents and kits segment holds a dominant share in the market as per the 2017 records.
With respect to technology, the global genotyping assay market is further categorized into microarrays, polymerase chain reaction, sequencing, capillary electrophoresis, and matrix-assisted laser desorption or ionization-time of flight mass spectrometry. On the basis of application, the market for genotyping assay is further labelled as pharmacogenomics, personalized medicine and diagnostics, animal genetics, and agricultural biotechnology. As per end user, the market is further categorized into biopharmaceutical and pharmaceutical companies, research and diagnostic laboratories, and academic institutes.
The report presented above is a complete evaluation of the global genotyping assay market with major focus on market dynamics. It also includes the market drivers, restraints, and trends, and opportunities. The above presented report also offers geographical and other segmentation of the market.
Global Genotyping Assay Market: Trends and Opportunitie
The global genotyping assay market is propelled by a number of factors. One among them is the increase in the number of genetic diseases all around the world. Following that is the general awareness regarding personalized medicine all around the world especially in the developed regions of the world.
Another important factor anticipated to boost the growth of the global genotyping assay market is the decrease in the cost of DNA sequencing along with other technological advancements. Besides, surge in the drug development and increasing importance and awareness of drug development is also fueling the overall market.
Global Genotyping Assay Market: Regional Analysis
The global market for genotyping assay can be segmented geographically into the regions of North America, Latin America, Middle East and Africa, Europe, and Asia Pacific. Among these, the North American region is expected to dominate the overall market due to the rising incidence of genetic diseases and immediate measures that are taken accordingly especially in the developed regions of Canada and the U.S. On the other hand, Europe is also seen to be growing in terms of improved healthcare and medical facilities and hence, the market in Europe and Asia Pacific is expected to grow during the forecast period on account of developing medical infrastructure in countries of UK, France and Germany in the European region and India, China, and Japan of the Asia Pacific region.
Global Genotyping Assay Market: Companies Mentioned
Prominent players of the global genotyping assay market are Roche Diagnostics Limited, Fluidigm Corporation, Pacific Biosciences of California, Inc., Agilent Technologies, Inc., and Eurofins Scientific. The report studies in detail various strategies adopted by these companies and gauges the impact of the same on the overall market. It also conducts analyses to study strengths and weaknesses of the companies profiled.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.