The Third-Generation Sequencing Market is expected to growing at a CAGR of 15% in the above-mentioned forecast period 2022-2028.
Third-generation sequencing technologies can generate significantly longer reads than second-generation sequencing. These benefits have important implications for both genomic science and general biology research. However, third-generation sequencing data has a much higher error rate than previous techniques, which can complicate downstream genome assembly and analysis of the resulting data. These technologies are being actively developed and improvements to high error rates are expected. For more error rate tolerant applications, such as structural variant calls, third-generation sequencing has been shown to outperform traditional methods even with low sequencing coverage.
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Market Segments
By Type:
- Single Molecule Real Time (SMRT) DNA Sequencing
- Nanopore-based Single-Molecule Analysis Technology
By Application:
- Genome Sequencing
- Methylation Studies
- Single Nucleotide Polymorphisms (SNP) Detection
Key Players
Pacific Biosciences of California, Inc., Complete Genomics Incorporated, Oxford Nanopore Technologies, Illumina, Inc., Thermo Fisher Scientific, Inc., BGI Group, PerkinElmer Inc., Agilent Technologies, Inc, QIAGEN, F. Hoffmann-La Roche Ltd, GENEWIZ Global, Eurofins Scientific, Psomagen, Inc., 10x Genomics, Takara Bio Inc., Zymo Research, Tecan Genomics, Inc. among other domestic and global players.
Scope of the Report
The research study analyzes the global Third-Generation Sequencing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Third-Generation Sequencing Market Report
1. What was the Third-Generation Sequencing Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Third-Generation Sequencing Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Third-Generation Sequencing Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Third-Generation Sequencing market.
- The market share of the global Third-Generation Sequencing market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Third-Generation Sequencing market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Third-Generation Sequencing market.
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