A research study titled, DNA Sequencing Market by Product and
Application - Global Industry Analysis and Forecast to 2025” published by
Crystal Market Research, states that the DNA sequencing market is projected to
be around $26 billion by 2025.
DNA is a hereditary material which contains genetic
instructions such as functioning and development of living organisms. It is
made up of molecules called as nucleotides which contain a sugar group, a
phosphate group, and a nitrogen base. There are four types of nitrogen bases,
namely, adenine, guanine, cytosine and thymine. The process of determining the
sequence of these nucleotides is known as DNA sequencing. DNA sequencing proves
to be of use in forensic research and studying the fundamental processes. The
genetic instructions in the DNA are based on the sequence of these nitrogen
bases. The major step in entirely understanding the human genome was the
completion of Human Genome Project.
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The DNA sequence which contains genetic instructions to
make a protein is known as gene. DNA has double helical structure with two
strands running in opposite directions. Each step of the ladder is made up of
two nitrogen bases which are paired together by hydrogen bonds. In DNA, base A
will always pair with base T, and base C will always pair with G. There are
three types of DNA sequencing techniques, namely, Sanger sequencing, next
generation sequencing, and third generation sequencing. DNA sequencing has a
very important role in the field of agriculture. To increase the resistance
against insects and to increase the productivity, specific genes of some
bacteria are used. In medical field, DNA sequencing can be used to determine
the faulty genes. In forensic sciences, DNA sequencing is helpful in
recognizing the criminals. It is also used to determine the paternity of the
child. It is also used in building restriction endonuclease and molecular
evolution map. It is also used to identify the protein binding sites. DNA
sequencing has advantages such high speed and accuracy.
The major factor that drives the DNA
sequencing market is increasing R&D activities by partnering of the
pharmaceutical companies with research institutions. For instance, in April
2016, AstraZeneca launched a project to sequence 2 million genomes by
partnering with research institutions which include the Wellcome Trust Sanger
Institute and Human Longevity. Moreover, technological advancements will also
fuel the growth of this market. For instance, in September 2015, Oxford
Nanopore Technologies developed MinION a DNA sequencer, which can be used in
space. With the help of MinION it is possible to detect DNA sequence in humans
with response to spaceflight and will help in the identification of DNA-based
life somewhere in the universe. However, expensive sequencing devices and
dearth of skilled professionals will hamper the growth of DNA sequencing market.
Some of the key players operating in
the global DNA sequencing market are, Pacific Biosciences of California, Inc.,
Integrated DNA Technologies, Inc., Hamilton Thorne, Inc., Abbott Laboratories Inc.,
Myriad Genetics, Inc., Agilent Technologies Inc., General Electric Company, ZS
Genetics, Beckman Coulter, Inc. (a part of Danaher Corporation), Commonwealth
Biotechnologies, Inc., Siemens AG, Bayer AG and LI-COR, Inc.
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Market by Product, Technology, Application and End User - Global Industry
Analysis and Forecast to 2025” at:
Competitive Analysis
The major players operating in the
global DNA sequencing market emphasize on product development to introduce
enhanced solutions for DNA sequencing applications and in turn acquire a major
market share. For instance, in January 2017, Illumina, Inc., one of the leading
providers of DNA sequencing technology, launched the NovaSeq series of DNA
sequencer which has a scalable sequencing architecture. The platform enables
high throughput sequencing with low per sample cost, ease of use and high
flexibility. With the introduction of this new sequencer, Illumina intended to
strengthen its competitive position in the global DNA sequencing market. Some
of the key players operating in this market are, Pacific Biosciences of California, Inc.,
Integrated DNA Technologies, Inc., Hamilton Thorne, Inc., Abbott Laboratories
Inc., Myriad Genetics, Inc., Agilent Technologies Inc., General Electric Company, ZS
Genetics, Beckman Coulter, Inc. (a part of Danaher Corporation), Commonwealth
Biotechnologies, Inc., Siemens AG, Bayer AGand LI-COR, Inc.
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