Targeted Gene Sequencer Market Trends and Forecast
The future of the global targeted gene sequencer market looks promising with opportunities in the scientific research, clinical medicine, and agriculture markets. The global targeted gene sequencer market is expected to grow with a CAGR of 12.3% from 2024 to 2030. The major drivers for this market are growing demand for personalized medicine & precision healthcare and rising adoption of next-generation sequencing (NGS) technologies.
• Lucintel forecasts that single carrier is expected to witness higher growth over the forecast period.
• Within this market, scientific research is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Targeted Gene Sequencer Market
• United States: Companies like Illumina and Thermo Fisher are focusing on enhancing sequencing technologies for the clinical applications. Government initiatives support precision medicine research, aiming for widespread adoption in healthcare.
• China: BGI Genomics and MGI Tech are expanding their sequencing capabilities with government backing, aiming to lead in genomic research and personalized medicine initiatives.
• Germany: Qiagen and Eurofins are investing in advanced sequencing platforms for diagnostics and research. Government funding supports genomic projects aimed at improving healthcare outcomes.
• United Kingdom: Oxford Nanopore is innovating portable sequencing devices, supported by government funding for genomic research in disease prevention and treatment.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Targeted Gene Sequencer Market by Segment
The study includes a forecast for the global targeted gene sequencer market by type, application, and region.
Targeted Gene Sequencer Market by Type [Value from 2018 to 2030]:
• Single Carrier
• Multi-Carrier
Targeted Gene Sequencer Market by Application [Value from 2018 to 2030]:
• Scientific Research
• Clinical Medicine
• Agriculture
• Others
Targeted Gene Sequencer Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Targeted Gene Sequencer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies targeted gene sequencer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the targeted gene sequencer companies profiled in this report include-
• Thermo Fisher Scientific
• Illumina
• Pacific Biosciences
• Oxford Nanopore Technologies
• Element Biosciences
• Roche
• MGI Tech
Recent Development in the Targeted Gene Sequencer Market
• Pacific Biosciences: Known for its innovative long-read sequencing technology, Pacific Biosciences has recently launched advanced sequencing platforms that enhance accuracy and throughput, catering to the growing demand for high-resolution genetic analysis in the research and clinical applications.
• 10x Genomics: Specializing in single-cell and spatial genomics solutions, 10x Genomics has introduced integrated systems that enable comprehensive analysis of cellular diversity and spatial organization within tissues, empowering researchers with detailed insights into gene expression and cell interactions.
• PerkinElmer: PerkinElmer has expanded its portfolio with targeted sequencing solutions aimed at improving workflow efficiency and data quality. Their offerings include scalable systems that integrate sample preparation, sequencing, and analysis, supporting various genomic research applications with robust performance.
• Agilent Technologies: Agilent has developed targeted gene sequencing panels that facilitate precise genetic profiling for cancer diagnostics and inherited diseases. Their solutions feature high sensitivity and multiplexing capabilities, supporting accurate detection of mutations and genetic variations critical for personalized medicine.
• Fluidigm Corporation: Fluidigm has introduced innovative microfluidic-based platforms for targeted gene sequencing, enabling efficient sample processing and enhanced detection sensitivity. Their solutions are designed to streamline workflow complexity and improve assay reproducibility, addressing the evolving needs of genomic research and clinical diagnostics.
Features of the Global Targeted Gene Sequencer Market
Market Size Estimates: Targeted gene sequencer market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Targeted gene sequencer market size by type, application, and region in terms of value ($B).
Regional Analysis: Targeted gene sequencer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the targeted gene sequencer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the targeted gene sequencer market.
Análisis de la intensidad competitiva de la industria basada en el modelo de cinco fuerzas de Porter.
Preguntas frecuentes
Q1. What is the growth forecast for targeted gene sequencer market?
Answer: The global targeted gene sequencer market is expected to grow with a CAGR of 12.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the targeted gene sequencer market?
Answer: The major drivers for this market are growing demand for personalized medicine & precision healthcare and rising adoption of next-generation sequencing (NGS) technologies.
Q3. What are the major segments for targeted gene sequencer market?
Answer: The future of the targeted gene sequencer market looks promising with opportunities in the scientific research, clinical medicine, and agriculture markets.
Q4. Who are the key targeted gene sequencer market companies?
Answer: Some of the key targeted gene sequencer companies are as follows:
• Thermo Fisher Scientific
• Illumina
• Pacific Biosciences
• Oxford Nanopore Technologies
• Element Biosciences
• Roche
• MGI Tech
Q5. Which targeted gene sequencer market segment will be the largest in future?
Answer: Lucintel forecasts that single carrier is expected to witness higher growth over the forecast period.
Q6. In targeted gene sequencer market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the targeted gene sequencer market by type (single carrier and multi-carrier), application (scientific research, clinical medicine, agriculture, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Targeted Gene Sequencer Market Market, Targeted Gene Sequencer Market Market Size, Targeted Gene Sequencer Market Market Growth, Targeted Gene Sequencer Market Market Analysis, Targeted Gene Sequencer Market Market Report, Targeted Gene Sequencer Market Market Share, Targeted Gene Sequencer Market Market Trends, Targeted Gene Sequencer Market Market Forecast, Targeted Gene Sequencer Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.