SAN FRANCISCO » Sept. 29, 2020 » DNA sequencing market » » to reach by 2027, expanding at a CAGR of 11.4%, » May 2020
, /PRNewswire/ — – The global sizeis expected according to a new report by Grand View Research, Inc. The incorporation of Artificial Intelligence (AI) has increased the utility of genomic data in clinical practices and thus creates a new frontier in the advancement of genomic data analysis. In , Nvidia Corporation developed new AI tools, genomic sequencing software, and speech recognition technologies to aid the COVID-19 research efforts. Thus, AI accelerates the variant annotation and prioritization in the clinical diagnosis, which drives the market.
Key suggestions from the report:
Read 250 page research report with ToC on “DNA Sequencing Market Size, Share & Trends Analysis Report By Product, By Technology, By Workflow, By Application (Oncology, HLA Typing, Clinical Investigation), By End-use, By Region, And Segment Forecasts, 2020 – 2027” at: » https://www.grandviewresearch.com/industry-analysis/dna-sequencing-market
USD 50,000 » USD 600 » February 2020 » USD 100
Since the completion of the Human Genome Project, the DNA sequencing cost has declined precipitously. The cost of decoding one person’s genome was around a decade ago and currently has reached nearly in the largest genomic centers. Recently, in , BGI claimed to reduce the cost to sequence the genome to . This is expected to expand the use of this technology for prenatal tests, cancer screening, and research studies.
January 2020 » USD 60.0 million
With a significant decrease incost coupled with the availability of funding, several start-ups have entered the market. For instance, in , Omniome, a startup firm from the U.S., raised in Series C financing to speed up the late-stage product development and product launch of its genetic sequencing platform, which consequently fuels market progression.
Grand View Research has segmented the global DNA sequencing market based on product and services, technology, workflow, application, end-use and region:
List of Key Players of DNA Sequencing Market
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