Duplex Sequencing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029

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Duplex Sequencing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029

Status : May, 2021 | Biotechnology

Report Digest

Duplex Sequencing is a commonly used technique to improve DNA sequencing accuracy. Duplex Sequencing was developed to detect rare nucleotide polymorphism. The test is used in very rare mutation in early-stage cancer detection. It is anticipated that rise in the number of cancer cases will drive the duplex sequencing market. Moreover, application of duplex sequencing in DNA liquid biopsies for the diagnostic procedure, aimed at identifying gene mutation and prevent tumor cancer is also going to fuel the growth of the market. With the launch of innovation especially in product development and increase in product portfolio by key players such as TwinStrand Biosciences is also going to stimulate the market growth for duplex sequencing globally.

Duplex Sequencing Market: Drivers and Restraints

Duplex Sequencing is playing an important role in cancer diagnosis and forensic studies. With the increasing prevalence of cancer and genetic diagnosis method, the duplex sequencing market is expected to grow in the forecast period. Additionally, rapidly developing medical infrastructure and technological advancements will also drive the growth of the global duplex sequencing market. Moreover, supportive government policy for molecular research and product development will also help to drive the duplex sequencing market. However, high cost associated with duplex sequencing procedure, lack of reimbursement, and procedure unaffordability across emerging economies are also going to impede market growth. Besides, the lack of awareness and knowledge on application of the duplex sequencing and associated costly products can also restraint growth of duplex sequencing market. In some low income countries, lack of availability of skilled molecular technicians can also lead to low usage of duplex sequencing market.

Duplex Sequencing Market: Segmentation

Based on by product type, duplex sequencing market is segmented into following:

  • Instruments
    • Duplex Sequencing adapters.
    •  NGS Platforms
  • Reagents
    • DNA polymerase
    • Hydrogen Peroxide
    • Potassium Acetate
    • Others
  • Kits
  • Softwares and Application Tools

Based on by application type, duplex sequencing market is segmented into following:

  • Metagenomics
  • Paleogenomics
  • Cancer research
  • Forensic testing
  • Whole Genome analysis

Based on by end user type, duplex sequencing market is segmented into following:

  • Diagnostic Laboratories
  • Academic Institutes And Research Institutes
  • Clinical Research Organizations
  • Forensic Laboratories

Duplex Sequencing Market: Overview

The growth of duplex sequencing market will increase as the cancers are occurring and researcher focusing on the development of the gene-related diagnostic method. Based on product type, duplex sequencing market has been segmented into instruments, reagents, kits and software application tools. Based on by application type, duplex sequencing market is segmented into metagenomics, paleogenomic, cancer research, forensic testing, and whole-genome analysis. Based on by end user type, duplex sequencing market is segmented into diagnostic laboratories, academic institutes and research institutes, clinical research organizations, forensic laboratories.

Duplex Sequencing Market: Regional Overview

North America is expected to show significant growth in global duplex sequencing markets due to rising incidence of cancer and forensic studies. Additionally availability of well-developed healthcare infrastructure, sophisticated research facilities will also fuel the market growth. Europe is anticipated to be the second largest duplex sequencing market in terms of revenue due to presence of advanced medical facilities and well-developed infrastructure. Amongst fastest growth region, East Asia will show robust growth in duplex sequencing market in the forecast period. Overall, the growing demand for genomic research globally will help in the growth of duplex sequencing market.

Duplex Sequencing Market: Key players

Some of the key players present in global duplex sequencing market are TwinStrand Biosciences, Inc. Apollo Genetics, QIAGEN, GE Healthcare, Merck KGaA, Kapa Biosystems, Thermo Fisher Scientific, Promega Corporation, xGen®, micronit, Illumina, Inc, Solvay, GATK, AlphaHelix Technologies AB, ACTGene, SEngine Precision Medicine, Inc., Sigma-Aldrich Co., Alpha chemika, National Peroxide Ltd, Ava Chemicals Private Limited, Integrated DNA Technologies and others. The key players operating in the duplex sequencing market follow various promotional strategies such as development of new and advanced products and partnerships with other companies to boost the market consolidation activities.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Technology
  • Value Chain

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?