Companies Fuelling the Global DNA Sequencing Products Market

As per the analysis by Expert Market Research, the global DNA sequencing products market is expected to grow at a CAGR of about 15% between 2022 and 2027, owing to the rapid advancements in sequencing technology.

DNA sequencing technologies developed by researchers and developers provide high precision and faster sequencing at a reduced cost. The reductions in sequencing costs have led many organisations to invest in research and development programs. These are some of the factors expected to propel the growth of the DNA sequencing products market in the forecast period.

Different bacterial genes have been utilised in food plants during the past few years to increase their resistance to insects and pests, which has increased their production and nutritional value. The genomes of numerous domesticated animals, including chickens, pigs, cows, sheep, and horses, were partially or completely sequenced. It was also discovered that these sequences might be used to breed animals with higher-quality meat and milk.

Also, the role of DNA sequencing in the in-vitro or the point of care diagnostics industry is expected to gain speed. The accurate creation of medicine made possible by DNA sequencing enables the provision of patients with novel treatments or drugs. Additionally, this provides a wide range of instruments for very accurate genetic sequencing, analysis of DNA data, and quick diagnosis at the site of therapy. Thus, with the adoption of DNA sequencing in the medical and agricultural sectors, it is expected that the market will witness significant growth during the forecast period.

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Top 5 Global DNA Sequencing Products Companies:

Illumina Inc

Illumina Inc. is a pioneering business that creates, produces, and sells integrated systems and tools for life sciences for the large-scale investigation of genetic variations and functions. Illumina's cutting-edge technologies enable the development of molecular diagnostics in the clinic, drug discovery, and ground-breaking array-based solutions for DNA, RNA, and protein analysis.

Thermo Fisher Scientific Inc.

A pioneer in the field of science, Thermo Fisher Scientific empowers its clients to create a safer, cleaner, and healthier world. They have a workforce of around 80,000 employees working for them globally who deliver innovative technologies and pharmaceutical services through their leading brands, which include Fisher Scientific, Thermo Scientific, Unity Lab Services, Applied Biosystems, Invitrogen, Patheon, and PPD.

F. Hoffmann-La Roche Ltd

F. Hoffmann-La Roche Ltd is the number one biotech company in the world. It has 17 biopharmaceuticals on the market. Their product pipeline contains more than 50% biopharmaceuticals, allowing them to offer more precise medicines. Their goods and services aim to improve well-being and quality of life by addressing disease prevention, diagnosis, and treatment.

Pacific Biosciences of California, Inc.

Pacific Biosciences of California, Inc. is a company which provides sophisticated genomic analysis systems delivering invaluable insights for scientists striving for resolving complex genetic challenges. They develop solutions in the fields of genomics to improve science and research.

Beckman Coulter, Inc.

Beckman Coulter Inc. is a diagnostic company which helps healthcare professionals provide better patient care by delivering the accurate diagnostics information they need. Their diagnostic systems are used for complex biomedical testing and are found in hospitals, physician office settings and reference laboratories across the entire globe. They have around 11,000 employees working for them worldwide.