SNP Genotyping and Analysis Market Growth in Future Scope 2021-2028 | LGC Limited, Fluidigm Corporation, Illumina, Inc.

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SNP genotyping is the quantitative measurement of specific genetic differences between members of a given species. It is basically a sub-type of quantitative genomics, which is also the measurement of overall genetic variance. SNPs are among the most prevalent kinds of genetic differences. They can be used in studies of human disease and even in the development of various laboratory mice and rats. As far as regional impact, North America seems to be gaining significant growth in the SNP genotyping and analysis market. This is due to favorable government policies towards proper diagnosis and availability of better R&D facilities in the U.S. and Canada. Furthermore, Asia Pacific is likely to register a positive outlook due to increasing demand for personalized medicines and rising disposable income.

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Over the years, the prevalence of genetic disorders such as Down syndrome, cystic fibrosis, Apert syndrome, and more has increased significantly, which has surged the demand for SNP genotyping. As per the Cystic Fibrosis Foundation (CFF), over 1,000 new cases of cystic fibrosis are diagnosed each year in the U.S. SNP genotyping is typically used to identify disease-causing genes and to understand inter-individual variation in drug response. Hence, such factors can stimulate growth of the SNP genotyping and analysis market.

𝐌𝐚𝐣𝐨𝐫 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: LGC Limited, Fluidigm Corporation, Illumina, Inc., Life Technologies Corporation, PREMIER Biosoft, Thermo Fisher Scientific, and Sequenom, Inc.

Some recent developments in the field of SNP genomics have brought about some exciting methods for estimating the genotype of any individual. One method called polygenic scorecards estimates the probability that a locus will generate a specific trait given its ancestral state. That being said, there are certain factors that can pose challenges in the development of the market. For instance, a lack of proper standardization in SNP processes can limit the adoption of SNP genotyping. Besides, concerns regarding privacy can further impede growth of the SNP genotyping and analysis market.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐎𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐂𝐨𝐯𝐢𝐝𝟏𝟗 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 @ https://www.coherentmarketinsights.com/insight/request-pdf/3972

Another method of SNP genomics that is gaining popularity is whole genome sequencing or DNA profiling. This method can generate a large number of DNA variations that can be compared to the coding region of the genes. SNPs can also be compared to study cases of the disease for which linkage studies were performed. Another key factor augmenting growth of the market in discussion is increased multiplexing capacity. It has led to increased application of SNP genotyping and analysis. With the ability to convert hundreds of PCR primer pairs into single-tube, the SNP genotyping is proving to be critical. Thus, these factors can augment growth of the SNP genotyping market. Recently, in September 2020, NRGene launched SNPer, a new product to allow genotyping optimization at lower costs.

𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐍𝐏 𝐆𝐞𝐧𝐨𝐭𝐲𝐩𝐢𝐧𝐠 𝐚𝐧𝐝 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐁𝐲 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲:

‣SNP Microarray
‣Taqman Allelic Discrimination
‣SNP Pyrosequencing Technologies
‣ABISNPlex
‣Sequenom Mass-Array MALDI-TOF
‣Others

𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐍𝐏 𝐆𝐞𝐧𝐨𝐭𝐲𝐩𝐢𝐧𝐠 𝐚𝐧𝐝 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:

‣Pharmaceuticals and Pharmacogenomics
‣Diagnostic Research
‣Agricultural Biotechnology
‣Breeding and Animal Livestock

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