Bharat Book Bureau Provides the Trending Market Research Report on “Global Sequencing Reagents Market 2022 by Manufacturers, Regions, Type and Application, Forecast to 2028” under Chemical & Materials Market Research Reports Category. Our report offers a collection of superior market research, market analysis, competitive intelligence and Market report.
The global Sequencing Reagents Market is assessed to observe a growth trend at a CAGR of 12.83% based on revenue through the considered period 2021-2028.
The ongoing research in genomics due to the rise in chronic diseases, along with the advancement in genomics following the launch of new technologies, are driving the studied market on a growth path. Additionally, investments by manufacturers and governments in genomics are opening new avenues for the market globally.
Conversely, social and ethical issues relating to data privacy and the lack of professionals in developing regions impede the overall growth of the sequencing reagents market.
REGIONAL OUTLOOK
The global sequencing reagents market comprises the Asia-Pacific, North America, Latin America, Europe, and the Middle East and Africa regions.
Geographically, the Asia-Pacific is estimated to emerge as the fastest evolving region in the sequencing reagents market over the reviewed period. The region’s robust growth can be attributed to the surging investments by government bodies across the major countries. Moreover, the increase in research and development of genomics is another factor contributing to the studied market’s growth. For instance, the Indian government has introduced initiatives for startups in the biotechnology sector, which will ultimately foster the growth of the sequencing reagents market.
COMPETITIVE OUTLOOK
The key companies thriving in the sequencing reagents market are F Hoffmann La Roche, Illumina Inc, Perkinelmer Inc, Qiagen NV, Bio Rad Laboratories Inc, Trilink Biotechnologies Inc, Asuragen Inc, Merck KGAA, Agilent Technologies Inc, BGI Genomics, Thermo Fisher Scientific Inc, Fluidigm Corporation, Pacific Biosciences of California Inc, Takara Bio Inc, and LGC Biosearch Technologies.
Thermo Fisher Scientific Inc is a leading company operating under various business segments, such as laboratory products & services, analytical instruments, specialty diagnostics, and life sciences solutions. It develops and delivers its products to research institutes, government agencies, universities, hospitals, and pharmaceutical companies, among others. Founded in 2006, Thermo Fisher has a presence across more than 50 nations. It is headquartered in Massachusetts, the United States.
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