Whole Exome Sequencing Market Revenue, Leading Players and Demand Forecast 2029

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The Whole Exome Sequencing Market size was valued at USD 1.6 Billion in 2022 and the total revenue is expected to grow at a CAGR of 21.06 % from 2023 to 2029, reaching nearly USD 6.1 Billion.

Whole Exome Sequencing Market Overview

Maximize Market Research, a leading business consultancy firm, has released an exhaustive analysis report on the Whole Exome Sequencing Market. The report encompasses crucial business insights, demand analysis, pricing trends, and competitive landscape assessment. Offering an in-depth perspective, the report sheds light on the current state of the Whole Exome Sequencing Market and provides forecasts extending into the future.

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Market Growth Perspective:

The Whole Exome Sequencing Market size was valued at USD 1.6 Billion in 2022 and the total revenue is expected to grow at a CAGR of 21.06 % from 2023 to 2029, reaching nearly USD 6.1 Billion.

Whole Exome Sequencing Market Scope and Methodology:

The Whole Exome Sequencing Market report offers comprehensive information on key aspects driving industry growth and potential challenges. Stakeholders gain insights into the competitive landscape, product offerings of prominent companies, and investment opportunities within the Whole Exome Sequencing industry. The research encompasses both qualitative and quantitative analysis, drawing from primary and secondary data sources, including government websites, publications, annual reports, and expert evaluations.

Market Segmentation

The report delves into segment-wise analysis, providing a detailed breakdown of the Whole Exome Sequencing Market landscape.

by Product

Kits
Sequencer
Services

In terms of product, the whole exome sequencing market was dominated by the sequencer segment, which held the largest market share in 2022. Throughout the projection period, the category is anticipated to continue growing. Devices called sequencers are used to order RNA or DNA. They are also employed in many other fields, including as drug discovery, cancer research, and WES. The market for whole exome sequencing is expected to develop in response to the demand for early diagnosis, the rise in hereditary illnesses, and the acceptance of personalised therapy. Leading companies that prioritise R&D, collaborations, and acquisitions include Illumina, Thermo Fisher Scientific, Agilent Technologies, BGI Genomics, and Berry Genomics. There is still intense competition, and successful products must be inventive.

by Technology

Sequencing by Synthesis(SBS)
ION Semiconductor Sequencing

by Application

Diagnostics
Drug Discovery and Development
Agriculture and Animal Research

With the largest market share in 2022, the diagnostics application led the worldwide whole exome sequencing market. Throughout the projection period, the category is anticipated to continue growing. The market for whole exome sequencing is growing as a diagnostic tool for many genetic diseases like cancer, Mendelian disorders, and infectious diseases. Additionally, the growing acceptance of personalised medicine, the increasing prevalence of genetic illnesses, and the increased demand for early diagnosis and treatment are driving the whole exome sequencing market for diagnostics. This emphasises the significance of the whole exome sequencing market in developing precision medicine and enhancing results for people dealing with various hereditary health issues.

by End-User

Research Centers and Government Institutes
Hospitals and Diagnostics Centers
Pharmaceuticals & Biotechnology Companies

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Market Key Players

Key players in the Whole Exome Sequencing Market are identified and profiled, offering insights into their strategies and market presence.

1. Thermo Fisher Scientific Inc.,
2. QIAGEN, Illumina, Inc.
3. Beckman Coulter, Inc.
4. Eurofins Scientific
5. Eurofins Scientific
6. ExoDx (a part of Bio-Techne)
7. OUNDATION MEDICINE
8. GeneFirst Limited
9. CeGaT GmbH
10. Meridian, Merck KGaA
11. SOPHiA GENETICS
12. Azenta U.S. Inc.
13. CD Genomics
14. Twist Bioscience
15. PerkinElmer Genomics (A Subsidiary of PerkinElmer Inc.)
16. GeneDx, LLC
17. Psomagen
18. Integrated DNA Technologies, Inc.

Whole Exome Sequencing Market Regional Insights

This study does a complete analysis of all pertinent parameters, including market size, growth rate, and import and export by region. The research's geographical study makes it possible to comprehend the Whole Exome Sequencing market situations in several different nations. The Whole Exome Sequencing market is made up of the markets in Europe, Asia Pacific, Latin America, Africa, and the Middle East.

Table of content for the Whole Exome Sequencing Market includes: 

Part 01: Executive Summary

Part 02: Scope of the Whole Exome Sequencing Market Report

Part 03: Whole Exome Sequencing Market Landscape

Part 04: Whole Exome Sequencing Market Sizing

Part 05: Whole Exome Sequencing Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key questions answered in the Whole Exome Sequencing Market are:

  • What is Whole Exome Sequencing?
  • What was the Whole Exome Sequencing market size in 2023?
  • What is the growth rate of the Whole Exome Sequencing Market?
  • Which are the factors expected to drive the Whole Exome Sequencing market growth?
  • What is the CAGR at which the Whole Exome Sequencing market will grow during the forecast period?
  • What are the different segments of the Whole Exome Sequencing Market?
  • Which is the fastest growing region in the Whole Exome Sequencing market?
  • What growth strategies are the players considering to increase their presence in Whole Exome Sequencing?
  • What are the upcoming opportunities and trends for the Whole Exome Sequencing Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Whole Exome Sequencing Market?
  • Who are the leading companies and what are their portfolios in Whole Exome Sequencing Market?
  • What segments are covered in the Whole Exome Sequencing Market?
  • Who are the key players in the Whole Exome Sequencing market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis

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