Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report which predicts that the DNA sequencing equipment market will benefit from intensifying competition and diversification.
DNA Sequencing Equipment and Service Market is expected to grow nearly 8% between 2006 and 2012, expanding from a market worth $335 million to a market worth $528 million.
The report finds that the DNA sequencer market, supplied up until now by one dominant vendor and influenced by little change in products or technologies, had been a relatively tranquil one. It notes, however, that companies like 454 Life Sciences, Illumina/Solexa, and Applied Biosystems have completed several new products. In addition, significant amounts of annotated sequence data have become available making it possible for researchers to undertake a much wider range of experiments. This, the study says, could result in fragmenting the market and moving products into additional segments.
The publication reveals that the surfacing of numerous next-generation products with new applications, including gene expression and epigenetics will also highly impact the market. The arrival of new technologies and the growing number of samples that researchers need to analyse are also said to be factors triggering a short term growth.
Analysts forecast that after the initial burst, the market could show slow down because researchers’ demands might be more than met by new technologies which have increased capacity to analyse larger sample numbers. They reckon it’s possible that the increased capacity provided by the newer technologies could result in market growth eventually petering out.
Authors of the report also believe that the next few years will be a time of market flux and filtering where both winners and losers will recognise their positions. They say that scientific, business and regulatory changes will influence the market, sometimes in unexpected ways.
The report touches on products in regular use in academic research, government settings, and also pharmaceutical and biotechnology industries.. It puts into context products in the pipeline and those currently on the market, and also examines issues and trends concerning the sector.
DNA Sequencing Equipment and Service Market is available from Report Buyer.
Report Buyer product ID: KAL00027
Report Buyer Category: Biotechnology
