What Is The Forecast Growth Rate For The Single Nucleotide Polymorphism (SNP) Genotyping Market?
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The global single nucleotide polymorphism (SNP) genotyping market size 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 single nucleotide polymorphism (SNP) genotyping market is expected to reach $17.32 billion in 2027 at a CAGR of 19.5%.
Single nucleotide polymorphism (SNP) genotyping refers to a procedure that locates and describes genetic variants at the level of specific DNA nucleotides. It identifies individual SNPs, which are single-base changes in DNA sequences, and it is essential for understanding the genetic variations linked to diseases, traits, and population studies.
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Single Nucleotide Polymorphism (SNP) Genotyping Market Driver
The increasing burden of chronic conditions is expected to propel the growth of the single nucleotide polymorphism (SNP) genotyping market going forward. Chronic conditions are problems that last a year or longer, necessitating continuing medical care, restricting everyday activities, or both. Single Nucleotide Polymorphism (SNP) genotyping is essential for identifying genetic predispositions and promoting personalized medicine due to the increased prevalence of chronic diseases.
Single Nucleotide Polymorphism (SNP) Genotyping Market Trends
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.
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Major Players And Regions Of The Single Nucleotide Polymorphism (SNP) Genotyping Market
Major players in the single nucleotide polymorphism (snp) genotyping market are Thermo Fischer Scientific Inc., Danaher Corporation, Roche Diagnostics Corporation, GE HealthCare Technologies Inc., Eurofins Genomics LLC.
North America was the largest region in the single nucleotide polymorphism (SNP) genotyping market in 2022.
Single Nucleotide Polymorphism (SNP) Genotyping Market Segmentation By The Business Research Company
The global 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
The Table Of Content For The Single Nucleotide Polymorphism (SNP) Genotyping Market Include:
1. Single Nucleotide Polymorphism (SNP) Genotyping Market Executive Summary
2. Single Nucleotide Polymorphism (SNP) Genotyping Market Segments
3. Single Nucleotide Polymorphism (SNP) Genotyping Market Size And Single Nucleotide Polymorphism (SNP) Genotyping Market Growth Rate
4. Key Single Nucleotide Polymorphism (SNP) Genotyping Market Trends
5. Major Single Nucleotide Polymorphism (SNP) Genotyping Market Drivers
……
25. Key Mergers And Acquisitions In The Single Nucleotide Polymorphism (SNP) Genotyping Market
26. Top Single Nucleotide Polymorphism (SNP) Genotyping Companies
27. Single Nucleotide Polymorphism (SNP) Genotyping Market Opportunities And Strategies
28. Single Nucleotide Polymorphism (SNP) Genotyping Market, Conclusions And Recommendations
29. Appendix
The Single Nucleotide Polymorphism (SNP) Genotyping Market Global Market Report 2023 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the single nucleotide polymorphism (SNP) genotyping market.
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