Duplex sequencing is a relatively new technology in the field of genomics that has the potential to revolutionize the way genetic mutations are detected and analyzed. This technology uses a unique approach that involves sequencing both strands of DNA in a sample, allowing for the detection of rare mutations that would be missed by traditional sequencing methods. The duplex sequencing market is still in its early stages but has shown promising potential for growth in the coming years.
The global duplex sequencing market size was valued at USD 17 million in 2021 and is projected to reach USD 86 million by 2030, growing at a CAGR of 38.2%.
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Duplex sequencing is a method of DNA sequencing that involves the simultaneous sequencing of both strands of a DNA sample. This approach provides a more accurate and comprehensive view of genetic mutations and can detect rare mutations that may be missed by traditional sequencing methods.
The dynamics of the duplex sequencing market are shaped by several factors. One of the key drivers of the market is the increasing adoption of duplex sequencing in genomic research. This technology has the potential to revolutionize the way genetic mutations are detected and analyzed, making it a valuable tool in the field of genomics. Another factor driving the market is the rising prevalence of genetic disorders. As more people are diagnosed with genetic disorders, there is a growing need for accurate and comprehensive genetic testing methods, such as duplex sequencing.
However, there are also challenges that need to be addressed for the market to reach its full potential. These include issues related to data analysis, interpretation, and standardization. As the market continues to grow, these issues are likely to be addressed, making duplex sequencing a valuable tool in the field of genomics.
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Key Players Influencing the Duplex Sequencing Market:
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