Whole Exome Sequencing Market is anticipated to upsurge till USD 3,963.14 Million by 2027

WHOLE EXOME SEQUENCING MARKET: SUMMARY

The Global Whole Exome Sequencing Market is anticipated to upsurge till USD 3,963.14 Million by 2027 with CAGR of over 15% within 2020–2027.

Whole exome sequencing is referred to as the target genomic sequencing technique used for coding the exons, a region which can be transcribed and translated in order to express the proteins. It is used in gene discovery of the rare and complex diseases for accurate disease diagnosis and to prevent medical complications. Exome sequencing possess superior ability to diagnose exomic variation profile through single assay. It is extensively used in clinical diagnostics and therapeutic purpose along with research & drug development activities dedicated for cancer, single gene diseases, autoimmune disease and many other diseases.

WHOLE EXOME SEQUENCING MARKET: DRIVERS & OPPORTUNITY

Market Driver:

  • Growing Prevalence of Cancer and Genetic Diseases

Exome sequencing is used for accurate disease diagnosis for minimizing the mortality rate. Exome sequencing guides regarding the information related to mutation within the gene leading to tumor progression or suppression. Next generation sequencing is used for diagnosing cancer, a prominent cause of death globally. Increasing prevalence of cancer, which is responsible for death of 6 million people in 2018, is driving demand for effective diagnostic technique. In addition to this, growing prevalence of single gene disorder is acting as driving force for growth of whole exome sequencing.

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  • Low Cost of Whole Exome Sequencing

Whole Genome Sequencing determines complete DNA sequencing escalating the overall cost of the sequencing procedure. However, the exome sequencing code is only for the exon portion, which applies next-generation technology for determination variation of exome. Due to this, it reduces the overall sequencing cost and offers rapid diagnosis in order to detect mutations and indel in the region. Due to relatively low cost of exome sequencing, the market is expected to grow in the years to follow.

Market Restraint:

  • Dependence on Regulatory Approvals

Whole exome sequencing technique has emerged as novel technique in detection of gene mutations leading to genetic diseases. However, higher dependence on the regulatory authorities such as Food and Drug Administration (FDA) hinders the market growth. The guidelines set by FDA includes certain considerations regarding design, production and validation of the exome sequencing, hampers launch of new products by the potential market players, which in turn hinders the market growth

WHOLE EXOME SEQUENCING MARKET: KEY SEGMENTS

  • By Type, the market is segmented into: Product and Service

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WHOLE EXOME SEQUENCING MARKET: REPORT SCOPE

The report on the whole exome sequencing market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2018–2027

Base Year for Market Calculation

2019

Forecasted Period

2020–2027 (2020 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Type and Application

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

KEY COMPANIES COVERED

  • Agilent Technologies, Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)

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WHOLE EXOME SEQUENCING MARKET: REPORT SEGMENTATION

For the scope of the report, In-depth segmentation is offered by Forencis Research

Whole Exome Sequencing Market, by Type

  • Product

Whole Exome Sequencing Market, by Application

  • Clinical Diagnostic

Whole Exome Sequencing Market, by Region

  • North America

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Table of Content

1 Introduction

2 Research Design & Scope

3 Executive Summary

4 Market Dynamics

5 Industry Trends — Porters Five Forces Analysis

6 GLOBAL WHOLE EXOME SEQUENCING MARKET BY TYPE, Market Size in USD Million (2019–2027)

7 GLOBAL WHOLE EXOME SEQUENCING MARKET BY APPLICATION, Market Size in USD Million (2019–2027)

8 GLOBAL WHOLE EXOME SEQUENCING MARKET BY REGION, Market Size in USD Million (2019–2027)

9 Competitive Landscape

10 Company Profiles

11 Appendix

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