The DNA Sequencing Market is expected to register a CAGR of 20% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The DNA Sequencing Market report covers segmental analysis by Product (Consumable, Instrument, Service); Application (Diagnostics, Biomarkers and Cancer, Reproductive Health, Personalized Medicine, Forensics, Others); Technology (Sequencing by Synthesis, Ion Semiconductor Sequencing, Sequencing by Ligation, Pyrosequencing, Single-molecule Real-time Sequencing, Chain Termination Sequencing, Nanopore Sequencing); End User (Academic and Government Research Institutes, Pharmaceutical Companies, Biotechnology Companies, Hospitals and Clinics), and Geography (North America, Europe, Asia Pacific, and South and Central America). The global analysis is further broken down at the regional level and major countries
Purpose of the ReportThe report DNA Sequencing Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
DNA Sequencing Market Segmentation
Product- Consumable
- Instrument
- Service
- Diagnostics
- Biomarkers and Cancer
- Reproductive Health
- Personalized Medicine
- Forensics
- Sequencing by Synthesis
- Ion Semiconductor Sequencing
- Sequencing by Ligation
- Pyrosequencing
- Single-molecule Real-time Sequencing
- Chain Termination Sequencing
- Nanopore Sequencing
- Academic and Government Research Institutes
- Pharmaceutical Companies
- Biotechnology Companies
- Hospitals and Clinics
Strategic Insights
DNA Sequencing Market Growth Drivers- Expanding Applications in Clinical Diagnostics: DNA sequencing is revolutionizing clinical diagnostics, contributing to the growth of the DNA sequencing market. By providing insights into genetic mutations, sequencing technologies are used for early detection, diagnosis, and monitoring of various diseases, including cancer, genetic disorders, and infectious diseases. The increasing adoption of DNA sequencing in diagnostics is driven by its ability to deliver highly accurate results, fostering its integration into routine clinical practice and further expanding the market.
- Growing Applications in Agriculture and Environmental Science: DNA sequencing is becoming increasingly important in agriculture and environmental science, which has expanded its market potential. In agriculture, sequencing technologies are used to identify genetic traits in crops and livestock, allowing for improved breeding strategies and disease-resistant species. Similarly, DNA sequencing in environmental science helps in biodiversity monitoring, ecosystem health assessment, and the detection of pathogens. The growing need for sustainable agriculture and environmental protection is driving the demand for DNA sequencing technologies in these fields.
- Increased Investment in Genomics Research: The surge in genomic research funding is another key driver of the DNA sequencing market. With the growing focus on understanding the genetic basis of diseases, aging, and human traits, genomic research is experiencing a boom. The availability of funding from public and private sectors is enabling researchers to conduct large-scale studies, using DNA sequencing as a fundamental tool. This ongoing investment in genomic research is anticipated to continue driving demand for DNA sequencing technologies.
- Development of Portable and Point-of-Care Sequencers Future: DNA sequencing technologies will focus on portability and point-of-care applications. Compact, handheld sequencers that can provide rapid genetic analysis at the bedside or in remote locations are expected to gain traction. These devices will make DNA sequencing more accessible in low-resource settings and enable real-time diagnostics, particularly for infectious diseases, genetic disorders, and personalized medicine. This trend is likely to broaden the scope of the DNA sequencing market, making it applicable across a wider range of healthcare settings.
- Advancements in Multi-Omics Approaches: Multi-omics approaches, which combine genomics, proteomics, transcriptomics, and metabolomics data, will become a dominant trend in the DNA sequencing market. By integrating data from various biological layers, these approaches offer a more comprehensive understanding of biological systems and diseases. The ability to analyze and interpret complex datasets will enhance research and clinical outcomes in areas like cancer, aging, and neurodegenerative diseases. As multi-omics research continues to grow, DNA sequencing will be increasingly integrated into multi-omics workflows, enhancing its utility across numerous scientific and medical domains.
- Gene Editing and CRISPR-Based Technologies: CRISPR and other gene-editing technologies are set to revolutionize the DNA sequencing market by enabling precise modifications to DNA. These tools are already being used to treat genetic disorders, and their integration with DNA sequencing will facilitate more accurate gene therapies. The ability to sequence genetic information and then edit specific genes offers enormous potential in personalized medicine, regenerative medicine, and disease prevention. As gene editing continues to evolve, the demand for DNA sequencing technologies will grow in tandem, especially in research and therapeutic applications.
- Cloud-Based DNA Sequencing Solutions: The shift toward cloud computing is a key future trend in the DNA sequencing market. Cloud-based solutions will enable researchers, clinicians, and companies to store, share, and analyze DNA sequencing data more efficiently and securely. These platforms will offer powerful computational resources to manage the large datasets generated by sequencing technologies, enabling easier collaboration across institutions and faster data analysis. With cloud computing, DNA sequencing data can be accessed in real-time from anywhere, driving collaboration and enhancing the speed of breakthroughs in genomics and healthcare.
- Emergence of Wearable Genetic Health Monitors: The integration of DNA sequencing with wearable technology is another trend that will shape the future of the market. Wearable devices that monitor genetic health in real-time are becoming increasingly popular, allowing individuals to track their genetic predispositions and health status continuously. These devices, when coupled with sequencing technologies, could provide actionable insights into an individual's health, enabling early disease detection and personalized lifestyle recommendations. As consumer interest in proactive healthcare rises, wearable genetic health monitors will fuel further growth in the DNA sequencing market.
- Integration with Blockchain for Data Security: As DNA sequencing technologies generate vast amounts of sensitive genetic data, ensuring privacy and security will become paramount. Blockchain technology, known for its secure and transparent record-keeping capabilities, is expected to be integrated into DNA sequencing workflows to safeguard patient data. This integration will help ensure that individuals' genetic information is protected while enabling secure sharing and access for research, healthcare providers, and other stakeholders. The adoption of blockchain for data security will be a key enabler in the future growth of the DNA sequencing market.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the DNA Sequencing Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the DNA Sequencing Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
The DNA Sequencing Market is expected to register a CAGR of 20% from 2025-2031.
The major factors impacting the DNA Sequencing Market are: Expanding Applications in Clinical Diagnostics, Growing Applications in Agriculture and Environmental Science and Increased Investment in Genomics Research
Key future trends in this market are - Development of Portable and Point-of-Care Sequencers Future, Advancements in Multi-Omics Approaches and Gene Editing and CRISPR-Based Technologies
Key companies of this market are: Agilent Technologies, Inc., Danaher Corporation, F. Hoffmann-La Roche Ltd., Illumina Inc., LI-COR BIOSCIENCES, INC., Pacific Biosciences of California, Inc., SIEMENS AG, PerkinElmer Inc., Thermo Fisher Scientific, Inc.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 DNA Sequencing Market - By Product
1.3.2 DNA Sequencing Market - By Application
1.3.3 DNA Sequencing Market - By Technology
1.3.4 DNA Sequencing Market - By End User
1.3.5 DNA Sequencing Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DNA SEQUENCING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. DNA SEQUENCING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. DNA SEQUENCING MARKET - GLOBAL MARKET ANALYSIS
6.1. DNA SEQUENCING - GLOBAL MARKET OVERVIEW
6.2. DNA SEQUENCING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DNA SEQUENCING MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. CONSUMABLE
7.3.1. Overview
7.3.2. Consumable Market Forecast and Analysis
7.4. INSTRUMENT
7.4.1. Overview
7.4.2. Instrument Market Forecast and Analysis
7.5. SERVICE
7.5.1. Overview
7.5.2. Service Market Forecast and Analysis
8. DNA SEQUENCING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. DIAGNOSTICS
8.3.1. Overview
8.3.2. Diagnostics Market Forecast and Analysis
8.4. BIOMARKERS AND CANCER
8.4.1. Overview
8.4.2. Biomarkers and Cancer Market Forecast and Analysis
8.5. REPRODUCTIVE HEALTH
8.5.1. Overview
8.5.2. Reproductive Health Market Forecast and Analysis
8.6. PERSONALIZED MEDICINE
8.6.1. Overview
8.6.2. Personalized Medicine Market Forecast and Analysis
8.7. FORENSICS
8.7.1. Overview
8.7.2. Forensics Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. DNA SEQUENCING MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
9.1. OVERVIEW
9.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
9.3. SEQUENCING BY SYNTHESIS
9.3.1. Overview
9.3.2. Sequencing by Synthesis Market Forecast and Analysis
9.4. ION SEMICONDUCTOR SEQUENCING
9.4.1. Overview
9.4.2. Ion Semiconductor Sequencing Market Forecast and Analysis
9.5. SEQUENCING BY LIGATION
9.5.1. Overview
9.5.2. Sequencing by Ligation Market Forecast and Analysis
9.6. PYROSEQUENCING
9.6.1. Overview
9.6.2. Pyrosequencing Market Forecast and Analysis
9.7. SINGLE-MOLECULE REAL-TIME SEQUENCING
9.7.1. Overview
9.7.2. Single-molecule Real-time Sequencing Market Forecast and Analysis
9.8. CHAIN TERMINATION SEQUENCING
9.8.1. Overview
9.8.2. Chain Termination Sequencing Market Forecast and Analysis
9.9. NANOPORE SEQUENCING
9.9.1. Overview
9.9.2. Nanopore Sequencing Market Forecast and Analysis
10. DNA SEQUENCING MARKET - REVENUE AND FORECASTS TO 2028 - END USER
10.1. OVERVIEW
10.2. END USER MARKET FORECASTS AND ANALYSIS
10.3. ACADEMIC AND GOVERNMENT RESEARCH INSTITUTES
10.3.1. Overview
10.3.2. Academic and Government Research Institutes Market Forecast and Analysis
10.4. PHARMACEUTICAL COMPANIES
10.4.1. Overview
10.4.2. Pharmaceutical Companies Market Forecast and Analysis
10.5. BIOTECHNOLOGY COMPANIES
10.5.1. Overview
10.5.2. Biotechnology Companies Market Forecast and Analysis
10.6. HOSPITALS AND CLINICS
10.6.1. Overview
10.6.2. Hospitals and Clinics Market Forecast and Analysis
11. DNA SEQUENCING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America DNA Sequencing Market Overview
11.1.2 North America DNA Sequencing Market Forecasts and Analysis
11.1.3 North America DNA Sequencing Market Forecasts and Analysis - By Product
11.1.4 North America DNA Sequencing Market Forecasts and Analysis - By Application
11.1.5 North America DNA Sequencing Market Forecasts and Analysis - By Technology
11.1.6 North America DNA Sequencing Market Forecasts and Analysis - By End User
11.1.7 North America DNA Sequencing Market Forecasts and Analysis - By Countries
11.1.7.1 United States DNA Sequencing Market
11.1.7.1.1 United States DNA Sequencing Market by Product
11.1.7.1.2 United States DNA Sequencing Market by Application
11.1.7.1.3 United States DNA Sequencing Market by Technology
11.1.7.1.4 United States DNA Sequencing Market by End User
11.1.7.2 Canada DNA Sequencing Market
11.1.7.2.1 Canada DNA Sequencing Market by Product
11.1.7.2.2 Canada DNA Sequencing Market by Application
11.1.7.2.3 Canada DNA Sequencing Market by Technology
11.1.7.2.4 Canada DNA Sequencing Market by End User
11.1.7.3 Mexico DNA Sequencing Market
11.1.7.3.1 Mexico DNA Sequencing Market by Product
11.1.7.3.2 Mexico DNA Sequencing Market by Application
11.1.7.3.3 Mexico DNA Sequencing Market by Technology
11.1.7.3.4 Mexico DNA Sequencing Market by End User
11.2. EUROPE
11.2.1 Europe DNA Sequencing Market Overview
11.2.2 Europe DNA Sequencing Market Forecasts and Analysis
11.2.3 Europe DNA Sequencing Market Forecasts and Analysis - By Product
11.2.4 Europe DNA Sequencing Market Forecasts and Analysis - By Application
11.2.5 Europe DNA Sequencing Market Forecasts and Analysis - By Technology
11.2.6 Europe DNA Sequencing Market Forecasts and Analysis - By End User
11.2.7 Europe DNA Sequencing Market Forecasts and Analysis - By Countries
11.2.7.1 Germany DNA Sequencing Market
11.2.7.1.1 Germany DNA Sequencing Market by Product
11.2.7.1.2 Germany DNA Sequencing Market by Application
11.2.7.1.3 Germany DNA Sequencing Market by Technology
11.2.7.1.4 Germany DNA Sequencing Market by End User
11.2.7.2 France DNA Sequencing Market
11.2.7.2.1 France DNA Sequencing Market by Product
11.2.7.2.2 France DNA Sequencing Market by Application
11.2.7.2.3 France DNA Sequencing Market by Technology
11.2.7.2.4 France DNA Sequencing Market by End User
11.2.7.3 Italy DNA Sequencing Market
11.2.7.3.1 Italy DNA Sequencing Market by Product
11.2.7.3.2 Italy DNA Sequencing Market by Application
11.2.7.3.3 Italy DNA Sequencing Market by Technology
11.2.7.3.4 Italy DNA Sequencing Market by End User
11.2.7.4 Spain DNA Sequencing Market
11.2.7.4.1 Spain DNA Sequencing Market by Product
11.2.7.4.2 Spain DNA Sequencing Market by Application
11.2.7.4.3 Spain DNA Sequencing Market by Technology
11.2.7.4.4 Spain DNA Sequencing Market by End User
11.2.7.5 United Kingdom DNA Sequencing Market
11.2.7.5.1 United Kingdom DNA Sequencing Market by Product
11.2.7.5.2 United Kingdom DNA Sequencing Market by Application
11.2.7.5.3 United Kingdom DNA Sequencing Market by Technology
11.2.7.5.4 United Kingdom DNA Sequencing Market by End User
11.2.7.6 Rest of Europe DNA Sequencing Market
11.2.7.6.1 Rest of Europe DNA Sequencing Market by Product
11.2.7.6.2 Rest of Europe DNA Sequencing Market by Application
11.2.7.6.3 Rest of Europe DNA Sequencing Market by Technology
11.2.7.6.4 Rest of Europe DNA Sequencing Market by End User
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific DNA Sequencing Market Overview
11.3.2 Asia-Pacific DNA Sequencing Market Forecasts and Analysis
11.3.3 Asia-Pacific DNA Sequencing Market Forecasts and Analysis - By Product
11.3.4 Asia-Pacific DNA Sequencing Market Forecasts and Analysis - By Application
11.3.5 Asia-Pacific DNA Sequencing Market Forecasts and Analysis - By Technology
11.3.6 Asia-Pacific DNA Sequencing Market Forecasts and Analysis - By End User
11.3.7 Asia-Pacific DNA Sequencing Market Forecasts and Analysis - By Countries
11.3.7.1 Australia DNA Sequencing Market
11.3.7.1.1 Australia DNA Sequencing Market by Product
11.3.7.1.2 Australia DNA Sequencing Market by Application
11.3.7.1.3 Australia DNA Sequencing Market by Technology
11.3.7.1.4 Australia DNA Sequencing Market by End User
11.3.7.2 China DNA Sequencing Market
11.3.7.2.1 China DNA Sequencing Market by Product
11.3.7.2.2 China DNA Sequencing Market by Application
11.3.7.2.3 China DNA Sequencing Market by Technology
11.3.7.2.4 China DNA Sequencing Market by End User
11.3.7.3 India DNA Sequencing Market
11.3.7.3.1 India DNA Sequencing Market by Product
11.3.7.3.2 India DNA Sequencing Market by Application
11.3.7.3.3 India DNA Sequencing Market by Technology
11.3.7.3.4 India DNA Sequencing Market by End User
11.3.7.4 Japan DNA Sequencing Market
11.3.7.4.1 Japan DNA Sequencing Market by Product
11.3.7.4.2 Japan DNA Sequencing Market by Application
11.3.7.4.3 Japan DNA Sequencing Market by Technology
11.3.7.4.4 Japan DNA Sequencing Market by End User
11.3.7.5 South Korea DNA Sequencing Market
11.3.7.5.1 South Korea DNA Sequencing Market by Product
11.3.7.5.2 South Korea DNA Sequencing Market by Application
11.3.7.5.3 South Korea DNA Sequencing Market by Technology
11.3.7.5.4 South Korea DNA Sequencing Market by End User
11.3.7.6 Rest of Asia-Pacific DNA Sequencing Market
11.3.7.6.1 Rest of Asia-Pacific DNA Sequencing Market by Product
11.3.7.6.2 Rest of Asia-Pacific DNA Sequencing Market by Application
11.3.7.6.3 Rest of Asia-Pacific DNA Sequencing Market by Technology
11.3.7.6.4 Rest of Asia-Pacific DNA Sequencing Market by End User
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa DNA Sequencing Market Overview
11.4.2 Middle East and Africa DNA Sequencing Market Forecasts and Analysis
11.4.3 Middle East and Africa DNA Sequencing Market Forecasts and Analysis - By Product
11.4.4 Middle East and Africa DNA Sequencing Market Forecasts and Analysis - By Application
11.4.5 Middle East and Africa DNA Sequencing Market Forecasts and Analysis - By Technology
11.4.6 Middle East and Africa DNA Sequencing Market Forecasts and Analysis - By End User
11.4.7 Middle East and Africa DNA Sequencing Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa DNA Sequencing Market
11.4.7.1.1 South Africa DNA Sequencing Market by Product
11.4.7.1.2 South Africa DNA Sequencing Market by Application
11.4.7.1.3 South Africa DNA Sequencing Market by Technology
11.4.7.1.4 South Africa DNA Sequencing Market by End User
11.4.7.2 Saudi Arabia DNA Sequencing Market
11.4.7.2.1 Saudi Arabia DNA Sequencing Market by Product
11.4.7.2.2 Saudi Arabia DNA Sequencing Market by Application
11.4.7.2.3 Saudi Arabia DNA Sequencing Market by Technology
11.4.7.2.4 Saudi Arabia DNA Sequencing Market by End User
11.4.7.3 U.A.E DNA Sequencing Market
11.4.7.3.1 U.A.E DNA Sequencing Market by Product
11.4.7.3.2 U.A.E DNA Sequencing Market by Application
11.4.7.3.3 U.A.E DNA Sequencing Market by Technology
11.4.7.3.4 U.A.E DNA Sequencing Market by End User
11.4.7.4 Rest of Middle East and Africa DNA Sequencing Market
11.4.7.4.1 Rest of Middle East and Africa DNA Sequencing Market by Product
11.4.7.4.2 Rest of Middle East and Africa DNA Sequencing Market by Application
11.4.7.4.3 Rest of Middle East and Africa DNA Sequencing Market by Technology
11.4.7.4.4 Rest of Middle East and Africa DNA Sequencing Market by End User
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America DNA Sequencing Market Overview
11.5.2 South and Central America DNA Sequencing Market Forecasts and Analysis
11.5.3 South and Central America DNA Sequencing Market Forecasts and Analysis - By Product
11.5.4 South and Central America DNA Sequencing Market Forecasts and Analysis - By Application
11.5.5 South and Central America DNA Sequencing Market Forecasts and Analysis - By Technology
11.5.6 South and Central America DNA Sequencing Market Forecasts and Analysis - By End User
11.5.7 South and Central America DNA Sequencing Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil DNA Sequencing Market
11.5.7.1.1 Brazil DNA Sequencing Market by Product
11.5.7.1.2 Brazil DNA Sequencing Market by Application
11.5.7.1.3 Brazil DNA Sequencing Market by Technology
11.5.7.1.4 Brazil DNA Sequencing Market by End User
11.5.7.2 Argentina DNA Sequencing Market
11.5.7.2.1 Argentina DNA Sequencing Market by Product
11.5.7.2.2 Argentina DNA Sequencing Market by Application
11.5.7.2.3 Argentina DNA Sequencing Market by Technology
11.5.7.2.4 Argentina DNA Sequencing Market by End User
11.5.7.3 Rest of South and Central America DNA Sequencing Market
11.5.7.3.1 Rest of South and Central America DNA Sequencing Market by Product
11.5.7.3.2 Rest of South and Central America DNA Sequencing Market by Application
11.5.7.3.3 Rest of South and Central America DNA Sequencing Market by Technology
11.5.7.3.4 Rest of South and Central America DNA Sequencing Market by End User
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. DNA SEQUENCING MARKET, KEY COMPANY PROFILES
13.1. ABBOTT LABORATORIES
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. AGILENT TECHNOLOGIES, INC
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. DANAHER CORPORATION
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. F. HOFFMANN-LA ROCHE LTD
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. ILLUMINA, INC
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. LI-COR BIOSCIENCES, INC
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. PACIFIC BIOSCIENCES OF CALIFORNIA, INC
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. SIEMENS AG
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. PERKINELMER INC
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. THERMO FISHER SCIENTIFIC, INC.
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Abbott Laboratories
2. Agilent Technologies, Inc
3. Danaher Corporation
4. F. Hoffmann-La Roche Ltd
5. Illumina, Inc
6. LI-COR Biosciences, Inc
7. Pacific Biosciences of California, Inc
8. SIEMENS AG
9. PerkinElmer Inc
10. Thermo Fisher Scientific, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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