The Asia-Pacific sequencing reagents market is estimated to register a CAGR of 13.43% during the forecast period, 2021-2028. The rising investments by the governments are a key growth driver.
ASIA-PACIFIC SEQUENCING REAGENTS MARKET FORECAST 2021-2028
Asia-Pacific Sequencing Reagents Market by Technology (Next-generation Sequencing, Sanger Sequencing, Third-generation Sequencing) Market by Reagent Type (Sequencing Kits, Control Kits, Library Kits, Template Kits, Other Reagent Types) Market by Application (Oncology, Clinical Investigation, Agri Genomics and Forensics, Reproductive Health, Other Applications) Market by End-user (Research Institutes, Hospitals and Clinics, Pharmaceutical and Biotechnology Companies, Other End-users) by Geography
The Asia-Pacific sequencing reagents market is estimated to register a CAGR of 13.43% during the forecast period, 2021-2028. The rising investments by the governments are a key growth driver.
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The Asia-Pacific sequencing reagents market growth assessment includes the analysis of South Korea, Japan, China, Australia & New Zealand, India, Thailand, Indonesia, Vietnam, and Rest of Asia-Pacific. In China, the rising middle class, the expanding healthcare system, and the growing aging population contribute to increasing genetic sequencing demands. Also, companies are actively engaged in genetics research. For example, Illumina collaborated with Sequoia Capital’s China-based subsidiary in January 2021 to launch a new incubator for genomics start-ups. In addition, biotechnology is estimated to be an important driver of the economic and social development of the country. This is set to increase genomics adoption in the country.
Further, the genomics industry is acquiring relevant technologies for developing genomic infrastructure. Moreover, precision medicine research is surging, aided by the government. Such aspects offer growth opportunities.
Genomic medicine is gaining popularity in South Korea. Also, genetic testing is widespread for cancer diagnoses and hereditary diseases for personalized treatment. In addition, the increasing focus on genome projects is evaluated to be a key contributor to market growth. For instance, the largest Personal Genome Project was launched in Korea in November 2015. It aimed to map the complete genomic diversity of the citizens, rare genetic mutation detection, gene variation database standardization, and provision of well-annotated full genome information for the thriving genomic industry. Such factors drive market growth.
Takara Bio Inc develops research tools for nutraceuticals, cell & gene therapy technologies, and life sciences. It has global leadership in the life science reagent and instrument market. The company is headquartered in Otsu, Shiga, Japan, with business units in Europe, Korea, the US, India, China, and Japan.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- KEY DRIVERS
- ADVANCED SEQUENCING METHODS LOWER THE COST OF SEQUENCING PROCEDURES
- CONTINUOUS FUNDING BY THE MANUFACTURERS AND GOVERNMENTS IN GENOMICS
- PREVALENCE OF CHRONIC DISEASES
- KEY RESTRAINTS
- LACK OF PROFESSIONALS WITH ADEQUATE KNOWLEDGE
- SOCIAL AND ETHICAL ISSUES RELATED TO THE DATA PRIVACY
- KEY DRIVERS
- KEY ANALYTICS
- IMPACT OF COVID-19 ON SEQUENCING REAGENTS MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRY
- INDUSTRY RIVALRY
- SUPPLY CHAIN ANALYSIS
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- MARKET BY TECHNOLOGY
- NEXT-GENERATION SEQUENCING
- SANGER SEQUENCING
- THIRD-GENERATION SEQUENCING
- MARKET BY REAGENT TYPE
- SEQUENCING KITS
- CONTROL KITS
- LIBRARY KITS
- TEMPLATE KITS
- OTHER REAGENT TYPES
- MARKET BY APPLICATION
- ONCOLOGY
- CLINICAL INVESTIGATION
- AGRI GENOMICS AND FORENSICS
- REPRODUCTIVE HEALTH
- OTHER APPLICATIONS
- MARKET BY END-USER
- RESEARCH INSTITUTES
- HOSPITALS AND CLINICS
- PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES
- OTHER END-USERS
- GEOGRAPHICAL ANALYSIS
- ASIA-PACIFIC
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- CHINA
- JAPAN
- INDIA
- AUSTRALIA & NEW ZEALAND
- SOUTH KOREA
- INDONESIA
- THAILAND
- VIETNAM
- REST OF ASIA-PACIFIC
- ASIA-PACIFIC
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
- COMPANY PROFILES
- AGILENT TECHNOLOGIES INC
- ASURAGEN INC
- BGI GENOMICS
- BIO-RAD LABORATORIES INC
- HOFFMANN-LA ROCHE
- FLUIDIGM CORPORATION
- ILLUMINA INC
- LGC BIOSEARCH TECHNOLOGIES
- MERCK KGAA
- PACIFIC BIOSCIENCES OF CALIFORNIA INC
- PERKINELMER INC
- QIAGEN NV
- TAKARA BIO INC
- THERMO FISHER SCIENTIFIC INC
- TRILINK BIOTECHNOLOGIES INC
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – SEQUENCING REAGENTS
TABLE 2: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 3: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY REAGENT TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY REAGENT TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 11: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 12: LEADING PLAYERS OPERATING IN ASIA-PACIFIC SEQUENCING REAGENTS MARKET
TABLE 13: LIST OF MERGERS & ACQUISITIONS
TABLE 14: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 15: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 16: LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY TECHNOLOGY, IN 2020
FIGURE 6: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY NEXT-GENERATION SEQUENCING, 2021-2028 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY SANGER SEQUENCING, 2021-2028 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY THIRD-GENERATION SEQUENCING, 2021-2028 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY REAGENT TYPE, IN 2020
FIGURE 10: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY SEQUENCING KITS, 2021-2028 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY CONTROL KITS, 2021-2028 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY LIBRARY KITS, 2021-2028 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY TEMPLATE KITS, 2021-2028 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY OTHER REAGENT TYPES, 2021-2028 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY APPLICATION, IN 2020
FIGURE 16: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY ONCOLOGY, 2021-2028 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY CLINICAL INVESTIGATION, 2021-2028 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY AGRI GENOMICS AND FORENSICS, 2021-2028 (IN $ MILLION)
FIGURE 19: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY REPRODUCTIVE HEALTH, 2021-2028 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY END-USER, IN 2020
FIGURE 22: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY RESEARCH INSTITUTES, 2021-2028 (IN $ MILLION)
FIGURE 23: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY HOSPITALS AND CLINICS, 2021-2028 (IN $ MILLION)
FIGURE 24: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES, 2021-2028 (IN $ MILLION)
FIGURE 25: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)
FIGURE 26: ASIA-PACIFIC SEQUENCING REAGENTS MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)
FIGURE 27: CHINA SEQUENCING REAGENTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 28: JAPAN SEQUENCING REAGENTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 29: INDIA SEQUENCING REAGENTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 30: AUSTRALIA & NEW ZEALAND SEQUENCING REAGENTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 31: SOUTH KOREA SEQUENCING REAGENTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 32: INDONESIA SEQUENCING REAGENTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 33: THAILAND SEQUENCING REAGENTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 34: VIETNAM SEQUENCING REAGENTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 35: REST OF ASIA-PACIFIC SEQUENCING REAGENTS MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- ASIA-PACIFIC
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGE
- KEY PLAYERS
- COUNTRY ANALYSIS
- CHINA
- JAPAN
- INDIA
- AUSTRALIA & NEW ZEALAND
- SOUTH KOREA
- INDONESIA
- THAILAND
- VIETNAM
- REST OF ASIA-PACIFIC
- ASIA-PACIFIC
- MARKET BY TECHNOLOGY
- NEXT-GENERATION SEQUENCING
- SANGER SEQUENCING
- THIRD-GENERATION SEQUENCING
- MARKET BY REAGENT TYPE
- SEQUENCING KITS
- CONTROL KITS
- LIBRARY KITS
- TEMPLATE KITS
- OTHER REAGENT TYPES
- MARKET BY APPLICATION
- ONCOLOGY
- CLINICAL INVESTIGATION
- AGRI GENOMICS AND FORENSICS
- REPRODUCTIVE HEALTH
- OTHER APPLICATIONS
- MARKET BY END-USER
- RESEARCH INSTITUTES
- HOSPITALS AND CLINICS
- PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES
- OTHER END-USERS
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