Short-read Sequencing Market
Report ID: UCMIG35J2078
Short-read Sequencing Market Size
SkyQuest Technology's Short-read sequencing market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Short-read Sequencing Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Short-read Sequencing Market Insights
Market Overview:
The global short-read sequencing market experienced substantial growth, reaching a valuation of USD 5,341.3 million in 2022. It is projected to continue expanding at a steady compound annual growth rate (CAGR) of 18.46% from 2023 to 2030. Short-read sequencing, a high-throughput sequencing technique, has gained significant popularity in various research fields due to its ability to generate large volumes of DNA sequence data rapidly and cost-effectively. The increasing demand for genomic research, personalized medicine, and advancements in sequencing technologies are driving the market's growth. With ongoing innovations and technological advancements, the short-read sequencing market is poised to witness significant expansion in the coming years
Short-read Sequencing Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Life Sciences Tools & Services by segment aggregation, the contribution of the Life Sciences Tools & Services in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Short-read Sequencing Market Report Snapshots
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