DNA Sequencing Market Global Scenario, Market Size, Outlook, Trend an DNA Sequencing Market Global Scenario

DNA Sequencing Market Global Scenario, Market
Size, Outlook, Trend and Forecast, 2015 – 2024
DNA sequencing technique is used to determine the nucleotide sequence of DNA. It is the blueprint which
contains genetic information, used in understanding its evolution or function. DNA sequencing helps in
the understanding of genetic biology and has a vast potential for medical diagnosis and treatments. This
technique is now widely being used in the field of medical research, where the DNA sequencing can be
used to detect the genes associated with heredity or acquired diseases.
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Increasing applications and technological advancements in new generation sequencing methods is
expected to drive the market. Moreover, growing incidences of cancer, pre and neo-natal disorders and
inherited rare disorders and elevates the market. However, faster changes in technology and increasing
competition restrain the growth of the market. Rising complexity of diseases and high research and
development costs also hinders the growth of market. Opportunity for this market arises from the non-
invasive detection and personalized treatments and medicines.
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The market is segmented based on the application, end user and geography. On the basis of application,
the DNA sequencing market is segmented into drug discovery, forensics, agriculture and biotechnology.
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