SNP Genotyping and Analysis Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

SNP or single nucleotide polymorphisms genotyping is a process to analyze and screen the genetic variations of SNPs between members of species. It is an upcoming area of interest for researchers for genomics and life science studies. SNP analysis has become a popular and practical way to investigate DNA sequence changes. As additional microarrays with more DNA probes enter the market, the market is expected to develop at a double-digit rate.

MARKET SCOPE

The "Global SNP Genotyping and Analysis Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the SNP genotyping and analysis market with detailed market segmentation by technology, application, and geography. The report provides key statistics on the market status of the leading SNP genotyping and analysis market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   The technology segment includes, Microarrays and GeneChips, Taqman Allelic Discrimination, SNP Pyrosequencing, Applied Biosciences SNPlex, Sequemon MassArray Maldi-TOF, Other.
  
•   By application, the SNP genotyping and analysis market is segmented into diagnostic research, pharmaceutical and pharmacogenomics, agricultural biotechnology, breeding and animal livestock.
  

MARKET DYNAMICS

Drivers:

•   Rising prevalence of fatal diseases such as cancer, diabetes and others
  
•   Growing demand for genetic analysis in animal and plant feedstock
  
•   Presence of private and public funding programs in the field of genetics
  
•   Reducing cost of sequencing
  
•   Introduction of innovative technologies and increasing demand from diagnostic research
  

Restraints:

•   Lack of standardization in SNP processes
  
•   Privacy concerns pose a threat to broad technology adoption
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The SNP genotyping and analysis market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the SNP genotyping and analysis market in these regions.

IMPACT OF COVID-19 ON SNP GENOTYPING AND ANALYSIS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the SNP genotyping and analysis market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from SNP genotyping and analysis market are anticipated to lucrative growth opportunities in the future with the rising demand for SNP genotyping and analysis in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the SNP genotyping and analysis market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Sequenom, Inc
  
•   ThermoFisher Scientific
  
•   Life Technologies Corporation
  
•   PREMIER Biosoft
  
•   Illumina, Inc.
  
•   Affymetrix, Inc.
  
•   Douglas Scientific LLC
  
•   Fluidigm
  
•   GENEWIZ
  
•   Eurofins Genomics
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

SNP Genotyping and Analysis Report Scope