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 : July, 2020 | Biotechnology | PPT format

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

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

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

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.