According to Absolute Markets Insights report, duplex sequencing kits accounted for the higher market share in 2020 in the global duplex sequencing market. Leading market players are introducing innovative duplex sequencing kits. For instance, in February 2020, TwinStrand Biosciences, the pioneer and developer of Duplex Sequencing launched TwinStrand Duplex Sequencing Technology kits. However, software and tools segment is anticipated to witness highest growth rate during the forecast period. Growth of this segment is mainly driven by demand for cloud based bioinformatics solutions. The cloud based bioinformatics solutions are expertly tuned and optimized for easy-to-use, accurate, primary, and secondary analysis.
The key companies profiled in the global duplex sequencing market are mentioned below:
- ATDBio Ltd
- Illumina, Inc.
- Promega Corporation
- QIAGEN
- Thermo Fisher Scientific
- TwinStrand Biosciences, Inc.
- Other Market Participants
View Full Report Link: https://www.absolutemarketsinsights.com/reports/Global-Duplex-Sequencing-Market-2022---2029-1043
Based on offerings, duplex sequencing market has been segmented into software and tools, duplex sequencing kits, assays and reagents, and others. Duplex sequencing kits followed by software and tools to dominate the duplex sequencing market in 2020. The growth of the duplex sequencing kits segment can be attributed to the wide offerings in the kits which is needed to convert DNA into Duplex Libraries. However, software and tools segment is anticipated to witness highest growth rate during the forecast period.
Based on application, the global duplex sequencing market has been segmented into genomics, cancer research, forensics, virology, and others. Cancer research accounted for the highest market share in duplex sequencing market in 2020. The growth in this segment can be attributed to rising prevalence of cancer and rising research trend in cancer treatment industry. For instance, in December 2020, a recent research study published in Proceedings of the National Academy of Sciences (PNAS) found that TwinStrand Biosciences’ Duplex Sequencing Technology characterized and identified ultra-low frequency gene mutations as well as early cancer growth caused by carcinogens in mouse models.
Global Duplex Sequencing Market:
By Offerings:
- Software and Tools
- Duplex Sequencing Kits
- Assays and Reagents
- Others
By Application:
- Genomics
- Cancer Research
- Forensics
- Virology
- Others
By End-Use Industry:
- Clinics and Laboratories
- Hospitals
- Academic Institutions and Research Centers
- Government Forensic Departments
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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