Cancer genome sequencing refers to a method used to identify the complete DNA or RNA sequence of cancer cells based on the sequencing of a single, homogeneous or heterogeneous group of tumor cells. It is a laboratory technique that characterizes DNA or RNA sequences of primary tumor tissue, the tumor micro environment (such as stromal / fibroblast cells), adjacent or distal normal tissue, or metastatic tumor sites. This technique generates information related to identification of nucleotide bases (DNA or RNA), mutation status, copy number and sequence variants, as well as structural variations including fusion genes and chromosomal translocations. This technique has proved to be a breakthrough in the fight against cancer as it assists in individualization of treatment.
KEY BENEFITS:-
- Pin-point analysis of geographic segments helps to identify opportunities for growth within the global cancer genome sequencing market
- Porter’s Five Forces analysis examines the competitive structure of the global cancer genome sequencing market and would assist market strategists in their decision-making process.
- In-depth coverage of the global cancer genome sequencing market including drivers, restraints and opportunities would help professionals to better understand market behavior
- Detailed study of the strategies of key leaders, partnerships and acquisitions in the global cancer genome sequencing market would be informative for professionals in the corporate sector
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Top Companies Of Cancer Genome Sequencing Market
- Illumina Inc.
- Thermo Fisher Scientific Inc.
- F. Hoffmann-La Roche AG
- Qiagen N.V.
- Oxford Nanopore Technologies Ltd.
- BGI Genomics Co. Ltd.
- Pacific Biosciences of California, Inc.
- Myriad Genetics, Inc.
- Guardant Health, Inc.
- Foundation Medicine, Inc.
Cancer Genome Sequencing Market Segmentation can be done based on several factors, including:
The cancer genome sequencing market can be segmented based on various factors such as technology, application, end-users, and geography. Here are some common ways the market is segmented:
By technology:
- Next-generation sequencing (NGS)
- Sanger sequencing
- Polymerase Chain Reaction (PCR)
- Microarray-based techniques
- Other technologies
By application:
- Diagnostics
- Personalized Medicine
- Drug Discovery and Development
- Other applications
By end-users:
- Research and Academic Institutions
- Hospitals and Clinics
- Pharmaceutical and Biotechnology Companies
- Other End-users
What are the Recent Trends in the Cancer Genome Sequencing Market?
- Growing adoption of next-generation sequencing (NGS) technology: NGS technology has emerged as a powerful tool for cancer genome sequencing, enabling the analysis of large amounts of genomic data at a faster pace and lower cost than traditional sequencing methods.
- Increased emphasis on precision medicine: Precision medicine has become a key area of focus in cancer treatment, with healthcare providers looking to tailor treatments to individual patients based on their genomic profiles. Cancer genome sequencing is playing a critical role in enabling personalized medicine.
- Expansion of cancer genome databases: The availability of large-scale cancer genome databases is growing, providing researchers with valuable resources for studying cancer genetics, identifying potential drug targets, and developing new therapies.
- Rising demand for liquid biopsy tests: Liquid biopsy tests, which detect cancer DNA in the blood, are gaining popularity as a less invasive alternative to traditional tissue biopsies. Cancer genome sequencing is playing a critical role in the development and advancement of liquid biopsy tests.
- Increasing investment in cancer genome sequencing companies: The cancer genome sequencing market is attracting significant investment from venture capitalists and other investors, reflecting the growing importance of genomic data in cancer diagnosis and treatment.
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By Region Outlook
• North America
(U.S., Canada, Mexico)
• Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
• Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
• LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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