Personal Gene Sequencing Service Market Is Booming Across the Globe Explored in Latest Report 2023-2030 | Illumina, BGI Genomics Co.,Ltd., Agilent Technologies

PRESS RELEASE
Published October 4, 2023

At a CAGR of 20.7% during the projection period, the Personal Gene Sequencing Service Market is anticipated to increase from USD 8.91 billion in 2023 to USD 44 billion by 2030. The  personal gene sequencing services market is a developing sector that offers people the chance to sequence their complete genome or particular genes of interest. They may utilise this knowledge to determine their risk of contracting certain hereditary disorders, comprehend how drugs affect them, and make wise lifestyle and health-related decisions. People are becoming increasingly aware of the potential advantages of having their own genes sequenced, such as learning their risk of contracting specific diseases and being able to make educated health decisions.

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The Key companies profiled in the Personal Gene Sequencing Service Market:

The study examines the Personal Gene Sequencing Service Market’s competitive landscape and includes data on Illumina, BGI Genomics Co.,Ltd., Agilent Technologies, Macrogen, Pacific Biosciences, 10x Genomics, QIAGEN, GEEWIZ, MACROGEN, WeGene, 23andMe, Mega Genomics, Berry Genomics, CapitalBio Corp., Annaroad Gene Technology(Beijing)Co., Ltd. & Others.

Global Personal Gene Sequencing Service Market Split by Product Type and Applications

This report segments the Personal Gene Sequencing Service Market on the basis of Types:
Prenatal Screening
Detection of Microorganism
Screening for Genetic Diseases
Tumor Diagnosis and Treatment

On the basis of Application, the Personal Gene Sequencing Service Market is segmented into:
Gene Chip Technology
PCR
High-throughput Sequencing

In the larger genomics and healthcare scene, the personal gene sequencing service market has firmly established itself as a key participant. Access to private genetic data has been more widely available over the last ten years as a result of improvements in DNA sequencing technology and falling costs. This has caused an increase in the number of businesses that provide DNA sequencing services to individuals, changing how people see their genetic make-up and the consequences for their health and heritage. The emergence of the industry has been accompanied by the participation of both established genomics companies and creative startups, all of which are vying to meet the rising demand for individualised genetic insights.

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The focus of recent advancements in the personal gene sequencing service market has been on improving sequencing accuracy and depth as well as broadening the scope of services provided. Companies are rapidly using machine learning and artificial intelligence to analyse genetic data, giving customers more thorough and useful insights into their history, health concerns, and even treatment choices. Additionally, collaborations between healthcare institutions and companies offering gene sequencing services have grown in popularity, making it easier to incorporate genetic data into clinical procedures and precision medicine programmes.

Regionally speaking, the Personal Gene Sequencing Service Market has been led by North America, with the United States acting as a key centre for innovation and market expansion. The area’s expansion has been fueled by a robust research infrastructure, considerable consumer interest, and a willingness to pay for personal genomics. Personal genome sequencing is becoming increasingly popular in Europe, especially in nations like the United Kingdom, Germany, and France, thanks to healthcare programmes centred on genomic medicine. Due to increased disposable incomes and a growing need for personalised healthcare options, these services are being used more often throughout the Asia-Pacific area, notably in China and India.

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Major Points from Table of Contents:

1 Personal Gene Sequencing Service Market Overview
2 Company Profiles
3 Personal Gene Sequencing Service Market Competition, by Players
4 Personal Gene Sequencing Service Market Size Segment by Type
5 Personal Gene Sequencing Service Market Size Segment by Application
6 North America by Country, by Type, and by Application
7 Europe by Country, by Type, and by Application
8 Asia-Pacific by Region, by Type, and by Application
9 South America by Country, by Type, and by Application
10 Middle East & Africa by Country, by Type, and by Application
11 Research Findings and Conclusion
12 Appendix…

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