Whole Exome Sequencing Market Projected to Reach CAGR of 19.0% Forecast by 2029, Global Trends, Size, Share, Growth, Future Scope and Key Player…

CHICAGO, Sept. 07, 2022 (GLOBE NEWSWIRE) -- A Qualitative Research Study accomplished by Data Bridge Market research's database of 350 pages, titled as "Global Whole Exome Sequencing Market" with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy to understand detailed analysis. This Whole Exome Sequencing report contains a comprehensive data of market definition, classifications, applications, engagements, market drivers and market restraints of this industry all of which is derived from Porte's Five Forces analysis. Market definition covered in this Whole Exome Sequencing report gives the scope of particular product with respect to the driving factors and restraints in the market. The sources of data and information mentioned in the Whole Exome Sequencing report are very reliable and include websites, annual reports of the companies, journals, and mergers which are checked and validated by the market experts.

Global whole exome sequencing market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 19.0% in the forecast period of 2022 to 2029. The increase in healthcare expenditure and funding are the major drivers which propelled the demand of the market in the forecast period.

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MarketSynopsis:-

Whole exome is a genomic technique for sequencing the entire protein-coding region of genes in a genome. Whole exome sequencing is available to patients who are searching for a unifying diagnosis for multiple medical conditions. A laboratory process that is used to determine the nucleotide sequence primarily of the exonic (or protein-coding) regions of an individuals genome and related sequences, representing approximately 1% of the complete DNA sequence, also called WES. Whole-exome sequencing is a widely used whole exome sequencing method that involves sequencing the protein-coding regions of the genome. The human exome represents less than 2% of the genome, but contains ~85% of known disease-related variants, making this method a cost-effective alternative to whole-genome sequencing.

Exome sequencing using exome enrichment can efficiently detect coding variants across a wide range of applications, including population genetics, genetic disease and cancer studies. The growth of the global whole exome sequencing market is attributed to the reduction in time and cost for sequencing. With the development of new technologies and cancer cure treatment, the whole exome sequencing market in clinical oncology has huge potential in the coming years.

The major companies which are dealing in the whole exome sequencing market are

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Recent Development

Opportunity

The demand for whole exome sequencing is increasing in the market owing to the increased incidence of geneticdisease along with increased geriatric population across the region. Thus, the top market players have implemented the strategy of collaboration with other market players aimed at improving business operations and profitability.

Global Whole Exome Sequencing Market Segmentation

Global Whole Exome Sequencing Market is segmented on the basis of component, product and service, application, end user and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Component

Product and Services

Application

End User

Distribution Channel

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Regional Analysis/insights

The whole exome sequencing market is analyzed and market size information is provided by component, product and service, application, end user and distribution channel.

The countries covered in the whole exome sequencing market report are U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Netherlands, Russia, Switzerland, Turkey, Belgium, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, South Africa, UAE, Israel, Egypt and Rest of Middle East & Africa.

North America is dominating due to the presence of key market players along the largest consumer market with high GDP. U.S. is expected to grow due to rise in technological advancement.

Key Industry Drivers:-

Drivers

As genomics-focused pharmacology continues to play a greater role in the treatment of various chronic diseases especially cancer,next-generation sequencing(NGS) is evolving as a powerful tool for providing a deeper and more precise insight at molecular underpinnings of individual tumours and specific receptors.

NGS offers advantages in accuracy, sensitivity and speed compared to traditional methods that have the potential to make a significant impact on the field of oncology. Because NGS can assess multiple genes in a single assay, the need to order multiple tests to identify the causative mutation is eliminated.

As genomics-focused pharmacology continues to play a greater role in the treatment of various chronic diseases especially cancer, next-generation sequencing (NGS) is evolving as a powerful tool for providing a deeper and more precise insight at molecular underpinnings of individual tumours and specific receptors.

NGS offers advantages in accuracy, sensitivity and speed compared to traditional methods that have the potential to make a significant impact on the field of oncology. Because NGS can assess multiple genes in a single assay, the need to order multiple tests to identify the causative mutation is eliminated.

Points Covered in Table of Content of Global Whole Exome Sequencing Market:

Chapter 1: Report Overview

Chapter 2: Global Market Growth Trends

Chapter 3: Value Chain of Whole Exome Sequencing Market

Chapter 4: Players Profiles

Chapter 5: Global Whole Exome Sequencing Market Analysis by Regions

Chapter 6: North America Whole Exome Sequencing Market Analysis by Countries

Chapter 7: Europe Whole Exome Sequencing Market Analysis by Countries

Chapter 8: Asia-Pacific Whole Exome Sequencing Market Analysis by Countries

Chapter 9: Middle East and Africa Whole Exome Sequencing Market Analysis by Countries

Chapter 10: South America Whole Exome Sequencing Market Analysis by Countries

Chapter 11: Global Whole Exome Sequencing Market Segment by Types

Chapter 12: Global Whole Exome Sequencing Market Segment by Applications

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Key Coverage in the Whole Exome Sequencing Market Report

Detailed analysis of Global Whole Exome Sequencing Market by a thorough assessment of the technology, product type, application, and other key segments of the report

Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period

Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth

Comprehensive analysis of the regions of the Whole Exome Sequencing industry and their futuristic growth outlook

Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies

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Whole Exome Sequencing Market Projected to Reach CAGR of 19.0% Forecast by 2029, Global Trends, Size, Share, Growth, Future Scope and Key Player...