The gene sequencing industry has a broad market space: the domestic sequencing industry is far from breaking out.

The gene sequencing industry has a broad market space: the domestic sequencing industry is far from breaking out.

Gene sequencing industry has a broad market space

In early 2015, the US government issued the “ Precision Medical Plan”. In March this year, the Ministry of Science and Technology also included precision medicine in key research and development programs. Precision medicine was highly valued by the governments of China and the United States. At the policy level, the encouragement of precision medicine has also pushed up the heat of the industry. As a precision medical pioneer, the gene sequencing has also received academic, capital and industry attention. Under the background of precision medical development, Ai Rui will release the "Global Gene Sequencing Industry Investment Research Report", which will sort out the development of the global gene sequencing industry, development trends and investment hotspots. This article intercepts part of the report and analyzes the market size and investment hotspots of the gene sequencing.

The global gene sequencing market is vast, and the market size will exceed 11 billion US dollars.

According to the public data of iResearch, the global gene sequencing market is growing year by year. In 2007, the global gene sequencing market was 790 million US dollars. By 2014, the market size was 5.45 billion US dollars. It is expected that the global gene sequencing market will exceed the scale in 2018. The company has a compound annual growth rate of 21.1%.

According to iResearch, gene sequencing services and upstream gene sequencing consumables and reagents are the main factors driving the growth of the market. With the maturity of gene sequencing technology, the cost of gene sequencing is declining year by year, and the decline in sequencing cost will increase the penetration rate of gene sequencing services, and thus promote market development. While the demand for gene sequencing has increased, it has also increased the demand for gene sequencing consumables and reagents. As a result, the growth of gene sequencing services has also led to the growth of sequencing consumables and reagents.

Gene sequencing industry has a broad market space

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