Global DNA Sequencing Market is Estimated to Reach $26 Billion by 2025
Global DNA Sequencing Market report published by Accurize Market Research forecast that the global market is expected to reach $26 billion by 2025; growing at a CAGR of 18.7% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
Rising instances of cancer majorly driving the market
Increasing trends of personalized genomics and technological advancements in new generation sequencing procedures, inherited rare disorders, and pre and neo-natal disorders, and rising incidences of cancer are few factors driving the growth of the global DNA sequencing. Though, increasing difficulty of diseases and high development and research expenses are the restraints of the market growth. Still, personalized treatments and medicines, and non-invasive detection would provide lucrative opportunities to the market.
Global DNA Sequencing Market is split into product, application; technology, end user and geography. By product segment, the market is classified into consumable, service, and instrument. Application segment comprises of biomarkers and cancer, personalized medic