GITNUX MARKETDATA REPORT 2024

Dna Sequencing Industry Statistics

The DNA sequencing industry is expected to continue growing rapidly, with a projected market value of over $25 billion by 2026.

Statistic 1

"The Asia-Pacific region is anticipated to witness the highest CAGR in the DNA sequencing market, at around 13.4% from 2020 to 2027."

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Statistic 2

"The average annual salary for a bioinformatics scientist in the DNA sequencing industry is approximately $80,000."

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Statistic 3

"Illumina is one of the leading companies in the DNA sequencing industry, with a market share of about 70%."

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Statistic 4

"The use of DNA sequencing for COVID-19 research increased market demand by approximately 20% in 2020."

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Statistic 5

"The bioinformatics segment of DNA sequencing accounted for a market share of 36% in 2019."

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Statistic 6

"In 2018, around 260,000 genomes were sequenced worldwide."

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Statistic 7

"The cost of sequencing a human genome has dropped from about $100 million in 2001 to around $1,000 by 2020."

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Statistic 8

"The global DNA sequencing market size was valued at $4.7 billion in 2019 and is expected to grow at a CAGR of 11.4% from 2020 to 2027."

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Statistic 9

"The DNA sequencing market in the healthcare sector is predicted to reach USD 19.49 billion by 2028."

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Statistic 10

"Over 10 million people have had their DNA sequenced as part of genetic ancestry testing."

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Statistic 11

"The European DNA sequencing market is projected to expand at a CAGR of 12.2% over the forecast period."

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Statistic 12

"The next-generation sequencing (NGS) segment accounted for over 75% revenue share in the DNA sequencing market."

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Statistic 13

"In 2020, the pharmaceutical companies segment held the largest share of the DNA sequencing market, at 40%."

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Statistic 14

"Applications of DNA sequencing in personalized medicine are expected to grow significantly, constituting a market share of 50% by 2025."

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Statistic 15

"By 2025, the NGS market within DNA sequencing is expected to reach $12.45 billion."

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Statistic 16

"The use of DNA sequencing in agriculture is projected to grow with a CAGR of 14% till 2025."

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Statistic 17

"In 2020, North America held the largest share of the DNA sequencing market, accounting for over 35%."

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Statistic 18

"The use of DNA sequencing in diagnostics is projected to see a compound annual growth rate (CAGR) of 18.5% from 2021 to 2028."

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Statistic 19

"Over 3,000 labs globally use DNA sequencing technologies."

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Statistic 20

"Between 2018 and 2023, investments in DNA sequencing technology have increased by 40%."

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