Global DNA Library Preparation Market Size, Trends & Analysis - Forecasts to 2026 By Technique (Single-molecule real-time method, Ion semiconductor sequencing method, Nanopore sequencing method, Sequencing by synthesis method), By Application (Diagnostics, Drug Discovery, Forensic testing, Animal research, and Other Application), End-User (Biopharmaceutical Companies, Academic & research institutes, contract research organizations, Clinical laboratories, and Other End Users) Landscape, Company Market Share Analysis, and Competitor Analysis
The DNA library preparation kits are widely used to transform small amounts of DNA into next-generation DNA sequences. The preparation kits for the DNA library are built based on Tn5 Transposase. DNA Library Preparation Kits are made in the dynamic process of DNA fragmentation, DNA library preparation kits also help to attach the adaptor to a one-stage enzyme reaction. Therefore, due to their capacity to reduce the DNA fragmentation process, these kits have a huge demand for library construction. Because of its capacity to conduct DNA fragmentation and tag attachment concurrently, DNA library planning kits offer flexibility to focus on other research priorities.
The rising complex necessity of the life sciences researcher is the primary factor in the growth of the demand for DNA library preparation kits. Also, the growing demand for personalized analysis would boost the growth of the market for DNA library preparation kits. The DNA library preparation kits manufacturers are majorly focused on manufacturing more enhanced products. To increase the sales of DNA library preparation kits, manufacturers also emphasize collaborating and working with leading research institutes. The high price of the kits will restrain the market. The growth in the DNA library preparation market over the projected period would be slowed by less emphasis on life science research in developed economies.
The DNA library preparation process plays a crucial role in obtaining next-generation sequencing data. And as per the World Health Organisation (WHO), there have been about 5,000 - 8,000 rare diseases globally, most of which include genetic disorders affecting 400 million citizens. Due to changes in focus on the development of the Covid-19 vaccine, the transmission of coronavirus has led to delays in research and development activities by biopharmaceutical companies in the DNA library preparation market. In several nations, Covid-19 has led to lockdown delaying the production processes of the market for DNA library preparation kits.
The major market driver of DNA library preparation is the Increase in the prevalence of genetic diseases is expected to raise demand in the preparation of DNA libraries during the coming years. Advancing genetic engineering technology will lead to an immense increase in demand for the DNA library preparation industry. In drug discovery and clinical diagnosis, the increase in demand for genomes would enhance the market for DNA library preparation. Rising healthcare costs are driving market growth in DNA library preparation. The increasing cancer cases and infectious diseases are driving the market demand. Cost constraints of next-generation sequencing are pushing the market downwards. A limited multitude of different genetic centers is threatening the development of the DNA library preparation market. Ethical constraints on the preparation of DNA libraries can slow market development. The Global DNA Library Preparation is expected to hit xx million over the upcoming years at a CAGR of 5.5%.
Based on the Technique of DNA Library preparation, the market is considered into Sequencing by synthesis method, Single-molecule real-time method, Nanopore sequencing method, and Ion semiconductor sequencing method among others. The single-molecule real-time and nanopore sequencing segments are expected to generate huge revenue between 2021-2026. The increasing R&D activities in genomic medicine would drive the growth of the DNA library preparation market.
Based on the Application of DNA Library preparation, the market can be classified into Diagnostics, Drug discovery, Forensic testing, Animal research, and other applications. The diagnostics category contributes the largest revenue for the DNA library preparation industry based on application. In comparison, the growing production of new drugs along with the growing drug discovery sector is boosting the market growth.
As per the End-user analysis, The market can be categorized into Biopharmaceutical companies, Academic & research institutes, contract research organizations, clinical laboratories, and other end users. Biopharmaceutical companies, and academic & research institutions, are the main end-users of the DNA library preparation market. Global revenue of USD 163 billion is generated by biopharmaceuticals, taking into account about 20 percent of the pharmaceutical market.
Based on the regional analysis, the North American region will register maximum share and generate huge revenues between 2021-2026. The presence of leading pharma companies and growing investments in the drug development sectors are boosting regional growth. The Asia Pacific region will register high growth and follow the trend between 2021-2026.
F.Hoffmann-La Roche Ltd., Group, Myriad Genetics, Thermo Fisher Scientific Inc., Tecan, Agilent Technologies, PerkinElmer, Inc., Swift Biosciences Inc., Merck KGaA, New England Biolabs, Inc., Hamilton Company, Eppendorf AG, Illumina, Inc., Danaher Corporation, QIAGEN N.V., Promega Corporation, Genomatix GmbH, Bio-Rad Laboratories, Inc., and Aurora Biomed Inc. among others are the leading players.
Please note: This is not an exhaustive list of companies profiled in the report.
In Feb 2019, Agilent Technologies announced a new next-generation sequencing (NGS) library preparation framework designed to effectively run complex DNA sequencing tests. The Magnis NGS preparation system is fully automated and contains reagents and protocols that allow for simple tests of various genetic and multiple structural aberrations, including degraded samples such as formalin-fixed paraffin-embedded (FFPE). The announcement has helped the company to gain market attention and improve product exposure.
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The Global DNA Library Preparation Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the DNA Library Preparation Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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