Targeted Sequencing And Resequencing Market to Grow with a CAGR of 5.25% through 2029
Rising investments in
precision medicine and growing demand for research tools and services are
driving the Global Targeted Sequencing and Resequencing Market in the forecast
period 2025-2029
According to
TechSci Research report, “Targeted Sequencing And Resequencing Market – Global
Industry Size, Share, Trends, Competition Forecast & Opportunities,
2029”, the Global Targeted Sequencing And Resequencing Market stood at USD 5.11
Billion in 2023 and is anticipated to grow with a CAGR of 5.25% in the forecast
period through 2029. The global targeted sequencing and resequencing market
has witnessed substantial growth in recent years, driven by advancements in
genomic technologies, increasing applications in various fields such as
healthcare, agriculture, and research, as well as rising investments in
precision medicine initiatives. Targeted sequencing involves the selective
sequencing of specific regions of interest within the genome, while resequencing
refers to the process of comparing sequences to a reference genome.
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"Global Targeted Sequencing And Resequencing Market”
One
of the primary drivers propelling the growth of the global targeted sequencing
and resequencing market is the continuous advancements in genomic technologies.
Technological innovations such as next-generation sequencing (NGS) platforms
have significantly improved sequencing throughput, accuracy, and
cost-effectiveness, making targeted sequencing and resequencing more accessible
to researchers and clinicians. The development of novel sequencing chemistries,
bioinformatics tools, and automation solutions has further enhanced the
efficiency and scalability of these techniques, driving their widespread
adoption across diverse applications.
Targeted
sequencing and resequencing technologies find applications across a broad
spectrum of industries, including healthcare, agriculture, forensics, and
environmental science. In healthcare, these techniques play a crucial role in
personalized medicine initiatives, enabling the identification of genetic
variants associated with diseases, guiding treatment decisions, and
facilitating early detection and prevention strategies. In agriculture,
targeted sequencing and resequencing are utilized for crop improvement, trait
mapping, and genetic diversity analysis, contributing to the development of
high-yielding and stress-tolerant varieties. The expanding applications of
these technologies across different sectors continue to drive market growth and
foster innovation in genomic research and applications.
The Global Targeted
Sequencing And Resequencing Market is segmented into type, technology, application,
end use, region and company.
Based on end use, the Hospitals
& clinics segment has emerged as the predominant market leader. With
growing recognition of the importance of personalized treatment approaches,
healthcare providers are increasingly integrating genomic testing into routine
clinical practice. Targeted sequencing enables clinicians to tailor treatments
based on individual genetic profiles, leading to better therapeutic outcomes
and improved patient care.
Based on region, the Asia Pacific is the fastest growing region in the Global Targeted Sequencing And Resequencing Market. Countries in the Asia Pacific region, such as China, India, Japan, South Korea, and Australia, have been increasing their investments in healthcare infrastructure and research and development. This includes advancements in genomic research and personalized medicine, where targeted sequencing and resequencing play a critical role. The Asia Pacific region has witnessed significant growth in its biotechnology and pharmaceutical sectors. This growth is driven by both government initiatives and private sector investments, leading to increased demand for advanced sequencing technologies for drug discovery, diagnostics, and precision medicine applications. With a large and diverse population, the Asia Pacific region faces significant health challenges related to genetic disorders and diseases. Targeted sequencing and resequencing technologies enable researchers and healthcare providers to better understand these conditions at a molecular level, facilitating the development of tailored therapies and treatments.
Major companies
operating in Global Targeted Sequencing And Resequencing Market are:
- Agilent
Technologies Inc.
- Illumina,
Inc.
- F.
Hoffmann-La Roche Ltd
- Thermo
Fisher Scientific, Inc.
- DNASTAR
Inc.
- Bio-Rad
Laboratories, Inc.
- Integrated
DNA Technologies, Inc.
- Perkin
Elmer, Inc.
- RainDance
Technologies, Inc.
- Genomatix
GmbH
- Macrogen,
Inc.
- GATC
Biotech Ag
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“The
global targeted sequencing and resequencing market is poised for continued
growth, driven by advancements in genomic technologies, expanding applications
across diverse sectors, rising investments in precision medicine, and growing
demand for research tools and services. As stakeholders navigate this dynamic
landscape, they must stay abreast of technological innovations, regulatory
developments, and emerging market trends to capitalize on opportunities and
address evolving customer needs effectively. By leveraging targeted sequencing
and resequencing technologies, stakeholders can unlock new insights into the
complexities of the genome, accelerate scientific discoveries, and advance
personalized approaches to healthcare and beyond.” said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based management consulting
firm.
“Targeted Sequencing And Resequencing Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Technology (Sequencing, Re-sequencing( Electrophoresis-based resequencing, NGS, Array-based resequencing)), By Type (DNA-based targeted sequencing, RNA-based targeted sequencing), By Application (Clinical application, Plant and animal sciences, Drug development, Others), By End use (Hospitals & clinics, Academic research, Others), By Region and Competition 2019-2029F”, has evaluated the future growth potential of Global
Targeted Sequencing And Resequencing Market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Targeted Sequencing And Resequencing Market.
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