Press release
Genotyping Market: Size, Growth, Share, Trends, Competitive Landscape, Forecast To 2032
Genotyping Market
The Business Research Company's Genotyping Global Market Report 2023 identifies rising prevalence of cancer and genetic disorders as the major driver for the Genotyping market's growth in the forecast period. Cancer refers to a broad collection of illnesses that can begin in practically any organ or tissue of the body, while genetic disorders refer to a condition wholly or partially brought on by a deviation from the usual DNA sequence. Scientists can use genotyping to investigate genetic variances such as single nucleotide variations, copy number variations, and substantial structural changes in DNA. Genetic testing, or genotyping, looks for specific gene mutations (changes) that may raise a person's risk of acquiring certain cancers.
The global genotyping market size is expected to grow from $16.94 billion in 2022 to $19.71 billion in 2023 at a compound annual growth rate (CAGR) of 16.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of genotyping market is expected to reach $36.35 billion in 2027 at a CAGR of 16.5%.
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Major competitors in the Genotyping market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Laboratory Corporation of America Holdings, Eurofins Scientific SE, Agilent Technologies, PerkinElmer Inc., Illumina Inc., Bio-Rad Laboratories Inc., QIAGEN NV, BGI Genomics, LGC Biosearch Technologies, GenScript Biotech, Inotiv, Takara Bio Inc., Integrated DNA Technologies Ltd., 23andMe Inc., Novogene Corporation, Oxford Nanopore Technologies, Macrogen Inc., Pacific Biosciences of California, Standard BioTools Inc., GENEWIZ, Transnetyx, Agena Bioscience Inc., Genotypic Technology Pvt Ltd., BMG LABTECH GmbH, Bioline, Biofortuna Limited, and Xcelris Genomics
A key trend in the Genotyping market includes Product innovations. Companies operating in the genotyping market are adopting innovative solutions to sustain their position in the market
Read More On The Global Genotyping Market Report Here:
https://www.thebusinessresearchcompany.com/report/genotyping-global-market-report
The Genotyping market is segmented -
1) By Product And Services: Instruments, Reagents And Kits, Bioinformatics, Genotyping Service
2) By Technology: Microarrays, Capillary Electrophoresis, Sequencing, Polymerase Chain Reaction, Matrix-Assisted Laser Desorption Or Ionization (Maldi-Tof) Mass Spectrometry, Other Technologies
3) By Application: Pharmacogenomics, Diagnostics and Personalized Medicine, Animal Genetics, Agricultural Biotechnology, Other Applications
4) By End-User: Pharmaceutical And Biopharmaceutical Companies, Diagnostics And Research Laboratories, Academic Institutes, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Genotyping market.
The Business Research Company's "Global Genotyping Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Genotyping Market Include:
1. Executive Summary
2. Genotyping Market Characteristics
3. Genotyping Market Trends And Strategies
4. Genotyping Market - Macro Economic Scenario
5. Genotyping Market Size And Growth
........
32. Global Genotyping Market Competitive Benchmarking
33. Global Genotyping Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Genotyping Market
35. Genotyping Market Future Outlook and Potential Analysis
36. Appendix
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