DNA Library Preparation Market Analysis

Application (Diagnostics, Drug Discovery, Forensic Testing, Animal Research)

In terms of application, the diagnostic segment is set to account for 40% share of the global DNA library preparation market during the by 2036. The growth of this market can be primarily attributed to the escalating manufacturing of new drugs along with increasing and expanding drug discovery. Besides this, growing cases of cancer globally and the increasing focus of key market players towards innovating new medications to deal with the deadly disease of cancer a better way is also significant factor driving the growth of this market in the upcoming future. Cancer is a significant reason behind death nowadays, leading to around 10 million death in the year 2020, reported as by the World Health Organization. To accurately identify the cause or effect of a disease condition, NGS reliably sequences every gene related to a particular phenotype. Additionally, NGS performs concurrent analysis of several genes, which may save time, money, and tissue if numerous potential disease markers need to be examined.

End-User (Biopharmaceutical Companies, Academic & Research Institutes, Contract Research Organizations, Clinical Laboratories)

Academic & research Institutes segment in end-user are estimated to dominate the market revenue in the forecast period. A surge in the number of collaborations and partnerships among the academic and research institutes along with increasing investment towards the development of genomics and advancement in economic NGS products and facilities for research are anticipated to raise the demand for DNA library preparation market in the projected period. For example, scientists at the University of California entered into a partnership with Miroculus, Inc., and Purigen Biosystems in March 2021 to develop a ground-breaking tool for personal lab automation for the improvement of an automated PCR-free genome sequencing library preparation the process with micro-input human samples.

Our in-depth analysis of the global market includes the following segments:

Technique

Single-molecule Real-Time Method
Ion Semiconductor Sequencing Method
Nanopore Sequencing method
Sequencing by Synthesis Method

Application

Diagnostics
Drug Discovery
Forensic testing
Animal Research

End-User

Biopharmaceutical Companies
Academic & Research Institutes
Contract Research Organizations
Clinical Laboratories

Frequently Asked Questions (FAQ)

The growing prevalence of cancer & infectious diseases and growing drug development are some of the major factors anticipated to drive the growth of the DNA library preparation market.

The market is anticipated to attain a CAGR of ~14% over the forecast period, i.e., 2024-2036.

The major players in the market are of Swift Biosciences Inc., Merck KGaA, New England Biolabs, Inc., Hamilton Company, Eppendorf AG, Beckman Coulter Inc., Promega Corporation., and others.

The diagnostic segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.

DNA Library Preparation Market Analysis