Immune Repertoire Sequencing Market Trends

  • Report ID: 3997
  • Published Date: Jun 07, 2024
  • Report Format: PDF, PPT

Immune Repertoire Sequencing Market Trends

Growth Drivers

  • Increasing Number of Launches of Novel Products – Escalating number of launches of novel products and a growing number of research and development activities carried out by key market players are estimated to propel the market demand in the predicted period. In order to characterize human B cells a company named ArcherDX launched Archer Immunoverse B cell Receptor assays in 2017. As per a Cold Spring Harbour Laboratory study, Stanford University researchers used immune repertoire sequencing to recognize the disease-associated symptom in the immune system of patients suffering from an autoimmune disease named systemic sclerosis-related pulmonary disease.
  • Rising Government Funding to Improve the Healthcare Infrastructure – Governments of various regions are offering investments and funding in order to improve the healthcare infrastructure all across the globe, which further boosts the growth of this market. As immune repertoire sequencing plays a vital role in a couple of therapeutic areas.
  • High Demand for Personalized Medicines - Rising demand for personalized medicine is expected to have a positive impact on the growth of the global immune repertoire sequencing market. Moreover, promoting the role of next-generation immune repertoire sequencing for personalized immune regulation is expected to surely support the market growth. 

Challenges

  • Accuracy Differences and Partial Techniques Utilization - Distinguishing biological changes from errors and biases introduced at various stages is a challenge in immune repertoire sequencing. Conventional and new bioinformatics techniques such as high-throughput screening and Haystack heuristics fall short due to their poor scalability and sensitivity and their limitations in providing sufficient and reliable data. Moreover, inconsistencies in data acquisition and processing in different laboratories, and barriers in immune repertoire sequencing systems are some of the significant reasons that may limit the growth of the immune repertoire sequencing market. 
  • Lack of Skilled Personnel in Lower Economic Regions
  • Discrepancies in Data Collection

Immune Repertoire Sequencing Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

6.7%

Base Year Market Size

USD 1.14 Billion

Forecast Year Market Size

USD 2.65 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Rajrani Baghel


  • Report ID: 3997
  • Published Date: Jun 07, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of immune repertoire sequencing is evaluated at USD 1.25 Billion.

The immune repertoire sequencing market size was over USD 1.14 Billion in 2023 and is projected to exceed USD 2.65 Billion by the end of 2036, witnessing over 6.7% CAGR during the forecast period i.e., between 2024-2036. The major factors driving market growth are the increasing number of launches of novel products, and rising government funding to improve the healthcare infrastructure.

North American industry is projected to occupy the largest revenue share by 2036, due to the high health spending, and strong presence of market players in the region.

Agilent Technologies, Inc, Illumina, Inc., Pacific Biosciences of California, Inc, QIAGEN N.V., Thermo Fisher Scientific, Inc., F. Hoffmann-La Roche AG, Takara Bio, Inc, Oxford Nanopore Technologies, Ltd, BGI Group, Atreca Inc
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