Plant Genotyping Equipment Market to Reach USD 895.45 Million by 2025
by Susan Hill Business ConsultantThe global plant genotyping equipment market size is estimated to
reach USD 895.45 million by 2025 at a 9.6% CAGR during the forecast period,
according to a new report by Grand View Research, Inc. Next-Generation
Sequencing (NGS) techniques have proved to be exceptional tools for
identification, assessment, and validation of genetic markers. As a result,
they have facilitated the development of array-based genotyping platforms and
genome-wide SNP markers.
High-throughput Single
Nucleotide Polymorphism (SNP) genotyping delivers various benefits over previous
marker systems, which include different genotyping systems in order to meet
different needs, rapid processing of large populations, and an abundance of
markers. Prominent benefits of SNP markers include ease of data management
along with cost-effectiveness, speed, and flexibility. Bi-allelic SNP markers
create large databases of marker information and the data can be easily merged
across groups.
Expansion of SNP genotyping
techniques has led to large-scale investment by life science companies to develop
genotyping and sophisticated sequencing platforms that leverage recent
developments in automation, computer science, and nanotechnology. The
genotyping platforms have been highly optimized for cost-effectiveness,
robustness, efficiency, and speed. Additionally, many of the approaches are
automated, which has enabled to free-up staff from repetitive hands-on work to
do more effective functions in applying new tools for breeding applications,
integrating phenotype data, and managing and analyzing genotype data.
Further key findings from the report suggest:
- From personalized genetic testing to
plant biotechnology, the use of SNP genotyping is growing rapidly
- SNP is an upcoming area of interest for
researchers engaged in genomics
and life science studies
- The North America plant genotyping
equipment market is expected to witness significant growth owing to
increasing research activities in plant genotyping
- Key industry participants include
Illumina, Inc. (U.S.); LGC Limited (UK); and Evogene Ltd. (Israel).
Access full research report on global plant
phenotyping equipment market:
www.grandviewresearch.com/industry-analysis/plant-genotyping-equipment-market
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Created on Mar 24th 2020 09:18. Viewed 270 times.