Short-read Sequencing Market
Short-read Sequencing Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Short-read Sequencing Market Size and Growth
The short-read sequencing market is experiencing significant growth, driven by advancements in technology and increasing applications in genomics, personalized medicine, and research. The market size is projected to reach approximately $8 billion by 2026, reflecting a compound annual growth rate of around 15%. Favorable market conditions support continued innovation and adoption.
Companies Covered
(Covid 19 Impact Covered)
◍ Thermo Fisher Scientific
◍ Hoffmann-La Roche AG
◍ GE healthcare
◍ Fasteris SA
◍ BGI Genomics
◍ Agilent Technologies
◍ Genscript Biotech Corporation
◍ Macrogen
◍ Genewiz
◍ Qiagen
◍ Illumina
The short-read sequencing market features key players like Illumina and Thermo Fisher Scientific, who drive growth through innovative products and services. Companies such as GE Healthcare and BGI Genomics enhance capabilities in genomics, while others like Agilent Technologies and Qiagen provide essential tools. Sales figures include Illumina: $3.5 billion, Thermo Fisher: $40 billion.
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Market Segmentation
By Application
Academic Research ◍ Clinical Research
◍ Hospitals & Clinics
◍ Pharma & Biotech Entities ◍ Other
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By Product
Instruments
Consumables
Services
Market Growth
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$ X Billion USD
