Global Genotyping Market Key Players, Competitive Strategies, Regional Analysis Forecast 2028
The technique used for studying DNA sequence using biological assays to determine the genetic constitution in genotypes of living organisms, such as plants, animals, humans, and microorganisms is known as genotyping.
Major factors driving growth of the global genotyping market are increasing prevalence of genetic disease and increasing demand for DNA sequencing. High cost of specific primers for genotyping and unfavorable reimbursement policies are major factors hampering growth of the global genotyping market.
The global market is segmented on the basis of product, technology, application, and region. On the basis of product, the global market is segmented into instruments, reagents & kits, and genotyping services. The reagents & kits segment accounted for significant share in the global market and is expected to witness highest growth over the forecast period.
On the basis of technology, the global market is segmented into polymerase chain reaction(PCR), capillary electrophoresis, mass spectrometry, sequencing, microarray, and others. The sequencing segment is expected to witness significant growth over the next 10 years.
On the basis of application, the global market is segmented into diagnostics, drug discovery and development, personalized medicine, academic research, agriculture, and others. The personalized medicine segment is expected to witness highest growth in terms of revenue during the forecast period.
On the basis of region, the global market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts for highest revenue share in the global market and is expected to maintain its dominance over the forecast period. The market in Asia Pacific is expected to witness highest revenue growth over the forecast period.
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Key players in the global market are Affymetrix, Inc., Illumina, Inc., Thermo Fisher Scientific, Inc., Beckman Coulter, Sequenom, Inc., Fluidigm Corporation, Agilent Technologies, Inc., Genewiz, Inc., Fludigm Corporation, GE Healthcare GmbH, Qiagen NV, Roche Diagnostics, and other prominent players.
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