New York, NY -- (SBWIRE) -- 05/17/2019 -- In today's day and age, where technology is helping in research and development to continue to provide better services, there is a need for technologies with varied uses and applications. Genotyping is method that helps in determining the varied dissimilarity in a genetic complement by contrasting it with a DNA sequence of another reference sequence or sample. This technology helps in identifying small variations in genetic sequence within populations, like single-nucleotide polymorphisms. This is done by examining the individual's DNA sequence using biological assays and then using to be compared with another reference sequenceor an individual's sequence.

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The segmentation of the global genotyping assay market can be done on the basis of product & services, technique, end user, and region. Based on product & services, the genotyping assay market is segmented into genotyping assay services,reagents & kits and instruments.The largest share of the market was held by the Reagents & kits segment, this can be due to the growing number of genetic research and need to develop personalized medicine as there is a rise in genetic disorders.

On the basis of region, the global Genotyping Assay market can be segmented into Asia Pacific, North America, Europe and the Rest of World (ROW). The genotyping assay market was dominated by North America, which was then followed by Europe and the Asia Pacific region. The market will continue to dominate by North America as a region due to factors such as the presence of private and public funding and highly developed healthcare system. The Asia Pacific region, though, is likely to see a rise and would witness the highest CAGR. The growth of this market in the Asia Pacific region would be centered at China, India, and Japan, due to factors such as the rising focus of major players in emerging Asian countries and government support.

Technological advancement in PCR to boost the market growth

Polymerase Chain Reaction or PCR is the key technology used by the professionals and researchers for rapid and accurate detection of genetic changes. The introduction of newer technologies in combination with computer programs and database, such as inverse PCR, reverse transcription PCR, assembly PCR and Quantitative PCR (Q-PCR) is expected to fuel the growth of the market. Developments in the sequencing technologies have transformed the sequencing methods into a multifaceted, adaptable molecular tool. Moreover, introduction of automated models in sequencing and high-throughput platforms offer potential growth opportunities in clinical molecular modeling studies, new, gene profiling, chemical entity interactions and genome sequencing.

Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Genotyping Assay Market by Product & Services (Reagents & Kits, Instruments, Services) Technique (PCR, Sequencing, Electrophoresis), End Users (Diagnostic & Research laboratories, Pharmaceutical & Bio Technique Companies) and Region - Global Analysis & Forecast 2019-2030 in detail along with the table of contents: https://www.marketindustryreports.com/7/genotyping-assay-market

Key Points From TOC :

COMPETETIVE LANDSCAPE

1.1. Market Share Analysis (2018)
1.2. Key Strategies Assessment
1.2.1. New Product Launches
1.2.2. Merger & Acquisitions
1.2.3. Agreements, Collaborations, & Partnerships
1.2.4. Expansions
1.2.5. Other Strategies

COMPANY PROFILES
(Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*

2.1. GE Healthcare
2.2. Agilent Technologies, Inc.
2.3. Danaher Corporation
2.4. Thermo Fisher Scientific
2.5. Qiagen N.V.
2.6. Eurofins Scientific
2.7. F. Hoffmann-La Roche AG
2.8. Genewiz
2.9. Illumina, Inc.
2.10. PerkinElmer, Inc.

(*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain)

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