The Single Nucleotide Polymorphism (SNP) Genotyping Global Market Report 2023, provides comprehensive information on the single nucleotide polymorphism (SNP) genotyping market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Single Nucleotide Polymorphism (SNP) Genotyping Market’s Growth:
As per The Business Research Company’s Single Nucleotide Polymorphism (SNP) Genotyping Global Market Report 2023, the global single nucleotide polymorphism (SNP) genotyping market is expected to grow from $7.01 billion in 2022 to $8.48 billion in 2023 at a compound annual growth rate (CAGR) of 21%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The single nucleotide polymorphism (SNP) genotyping market is expected to reach $17.32 billion in 2027 at a CAGR of 19.5%.
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Technological solutions are a key trend gaining popularity in the single nucleotide polymorphism (SNP) genotyping market. Major companies operating in the single nucleotide polymorphism (SNP) genotyping market are introducing technologically advanced solutions to sustain their position in the market. For instance, in May 2022, Neogen Corporation, a US-based food safety company that provides solutions for the agriculture, animal protein, food, and beverage industries, and Gencove, a US-based provider of sequencing solutions, launched InfiniSEEK. It is the first complete genome and genotyping tool for cattle breeders. InfiniSEEK’s thorough validation shows that low-pass genome-wide sequencing is more than 99% concordant with deep whole-genome sequencing and can provide even higher clinical-grade accuracy in some areas of interest.
The single nucleotide polymorphism (SNP) genotyping market is segmented:
1) By Product: Consumables, Instruments, services
2) By Technology: TaqMan SNP Genotyping, Mass Array SNP Genotyping, SNP Gene Chip Arrays, Other Technologies
3) By Application: Animal Genetics, Plant Improvement, Diagnostic Research, Pharmaceuticals And Pharmacogenomics, Agricultural Biotechnology, Other Applications
North America was the largest region in the single nucleotide polymorphism (SNP) genotyping market in 2022.
The table of contents in TBRC’s single nucleotide polymorphism (SNP) genotyping market report includes:
1. Executive Summary
2. Single Nucleotide Polymorphism (SNP) Genotyping Market Characteristics
3. Single Nucleotide Polymorphism (SNP) Genotyping Market Trends And Strategies
4. Single Nucleotide Polymorphism (SNP) Genotyping Market – Macro Economic Scenario
5. Global Single Nucleotide Polymorphism (SNP) Genotyping Market Size and Growth
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26. South America Single Nucleotide Polymorphism (SNP) Genotyping Market
27. Brazil Single Nucleotide Polymorphism (SNP) Genotyping Market
28. Middle East Single Nucleotide Polymorphism (SNP) Genotyping Market
29. Africa Single Nucleotide Polymorphism (SNP) Genotyping Market
30. Single Nucleotide Polymorphism (SNP) Genotyping Market Competitive Landscape And Company Profiles
Top Major Players:
- Thermo Fischer Scientific Inc
- Danaher Corporation
- Roche Diagnostics Corporation
- GE HealthCare Technologies Inc.
- Eurofins Genomics LLC
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