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Phase-Xs | Biologics & Biosimilars | Coherent Market Insights

DNA sequencing equipment and services market: Overview

DNA sequencing equipment, also known as DNA sequencer, is an automated instrument, widely used for the determination of the precise order of nucleotide within a DNA molecule. The instrument reports the text string, technically known as read, in terms of the four bases namely guanine (G), cytosine (C), adenine (A) and thymine (T). DNA sequencer also performs the task of optical instruments, as the machine is capable of analyzing the light signals, which are originated from fluorochromes attached to nucleotides.

DNA Sequencing Equipment and Services Market Scenario

DNA sequencing equipment and services market is expected to develop at an impressive growth rate during the forecast period (2016–2024), owing to diverse applications that include the detection of the genes responsible for the genetic disorders and diseases such as Alzheimer’s disease and cystic fibrosis. Various factors such as advancements in technology, increasing partnerships and collaborations in order to enhance the research in the field of DNA sequencing also fuel growth of the market. However, the lack of trained professionals along with accuracy concerns may hamper the growth of the market. The market is dominated by the third generation system of direct sequencing of the parent DNA molecule. The technology is exceptionally different from the first and the second generation system, to measure the pyrophosphate synthesis it uses luminescent method. Later Jonathan Rothberg invented the NGS (next-generation sequencing) technology. The developed countries of North America and the European region is dominating the global DNA sequencing market. Moreover due to rapid growth in the economy and awareness Asia Pacific region is expected to have a significant growth during the forecasted period.

DNA Sequencing Equipment and Services Market Taxonomy

The DNA sequencing equipment and service market are segmented on the basis of product type, technology, application, and geography

On the basis of product type, the DNA sequencing equipment and service market can be classified as:

  • Instruments & Consumables
  • Services

On the basis of technology, the DNA sequencing equipment and service market can be classified as:

  • Sanger sequencing
  • Next-generation sequencing

On the basis of application, the DNA sequencing equipment and service market can be classified as:

  • Medicine
  • Forensic
  • Agriculture

As per WHO fact sheets, 1.54 million deaths occurred due to Alzheimer disease and 1 in 6 deaths was reported due to cancer, in 2015. Thus, with the changing era of awareness, the use of DNA sequencing equipment and services is also expected to gain traction in order to detect such deadly diseases and aid their treatment early stages. This creates a highly conducive environment for market growth.

DNA Sequencing Equipment and Services Market: Key players

Key players in the global DNA sequencing equipment and services market include Abbott Laboratories, Agilent Technologies, Bayer Corporation, Beckman Coulter, Commonwealth Biotechnologies, GE Healthcare Life Sciences, Hamilton Thorne Biosciences, Johnson & Johnson, Microchip Biotechnologies, Pacific Biosciences, Siemens AG, Thermo Fisher Scientific Inc., and ZS Genetics.


Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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