Whole exome sequencing (WES) is a new technology used for systematically sequencing all the stated genes in an exome (also known as genome). The exome includes the total of all exons present in an organism. A human being 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. It is responsible for the incidence of nearly 85% of hereditary or genetic diseases. It is also called complete exome sequencing. This sequencing technique is commonly used to identify or detect the genetic factor responsible for various diseases such as Alzheimer’s and Miller syndrome.

The global whole exome sequencing market is expected to grow at a rapid pace due to factors such as rapidly declining costs of sequencing, strategic alliances among major companies and research institutes, adoption of WES technology by new consumers, and increase in use of whole exome sequencing technology for new applications. Increase in acceptance of next generation sequencing methods for prediction, treatment, and monitoring of diverse chronic diseases such as cancer is likely to drive the market. However, lack of skilled professionals and legal issues associated with the technique restrain the global whole exome sequencing market. Furthermore, high demand for personalized medicine and development of new innovative products by key players provide numerous opportunities for market expansion in the near future.

The global whole exome sequencing market can be segmented based on technology, products and services, applications, end-user, and region. In terms of technology, the market can be classified into ion semiconductor sequencing, sequencing by synthesis, and others. Based on products and services, the global whole exome sequencing market can be divided into kits (consumables), systems and platforms, and services. The kits segment can be sub-segmented into library preparation kits, target enrichment kits, and others. The services segment can be divided into sequencing services, data analysis services, and others. In terms of application, the market can be categorized into drug discovery and development, personalized medicine, diagnostics, animal and plant research, and others. Based on end-user, the global whole exome sequencing market can be segmented into academic and government institutions, research centers, pharmaceutical and biotech companies, and others.

Geographically, the global whole exome sequencing market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Each region can be divided into specific countries such as the U.S., Canada, the U.K., Germany, Brazil, China, India, and GCC Countries. North America dominated the global whole exome sequencing market because of the relatively large federal grants from the National Institutes of Health (NIH), increase in use of exome sequencing in uncommon sickness investigation, and improved government subsidy. Asia Pacific is projected to be the most attractive market during the forecast period due to rise in health awareness and demand for advanced medical technology.

Key players operating in the whole exome sequencing market are Macrogen, Inc., Ambry Genetics, Illumina, Inc., Knome, Inc., Life Technologies, Agilent Technologies, Roche NimbleGen, Inc., Sengenics, GENEWIZ, Inc., Eurofins Genomics, Inc., and BGI (Beijing Genomics Institute), among others. These players have adopted strategies such as collaborations, partnerships, agreements, and new product launches to gain competitive advantage in the market.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players 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.

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Whole Exome Sequencing Market

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