A widespread ChIP-Sequencing report presents intelligent solutions to the multifaceted business challenges and instigates an effortless decision-making process. The research and studies associated with competitor analysis keeps competitive landscape clearly into the focus with which ABC industry can choose or advance their own strategies to thrive in the market. Such a great report has been prepared by a team of enthusiastic analysts, skilled researchers and experienced forecasters who work meticulously for the same. Expert solutions combined with potential capabilities prepare this ChIP-Sequencing market report to be outperforming for the ABC industry.
Data Bridge Market Research analyses that the myositis treatment market, which was USD 10.78 billion in 2022, would rocket up to USD 23.26 billion by 2030 and is expected to undergo a CAGR of 10.8% during the forecast period of 2023 to 2030. “whole genome sequencing” dominates the technology segment of the ChIP Sequencing market owing to the increasing prevalence of immunological cases among the population.
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Chromatin immunoprecipitation sequencing or ChIP-sequencing is used to demonstrate DNA-protein interactions using next-generation sequencing. Chromatin immunoprecipitation is combined with DNA sequencing to identify binding sites for DNA-related proteins. It is a tool that helps determine the location of DNA binding sites on the genome of a protein of interest.
ChIP- Sequencing Market Dynamics
Drivers
- Increasing technological advancements
Continued technological advances in sequencers have enabled the development of efficient, portable, and easy-to-use NGS platforms that deliver fast and accurate results while reducing turnaround times. Introducing such products and the technologies that support them gives players an immediate competitive advantage. As a result, large companies are increasingly focusing on product research and development to increase their market position and share. Therefore, this will contribute to the market's growth during the forecast period.
- Increasing application in drug discovery and development
Chip sequencing is essential to the process of developing new drugs. It supports the analysis of drug response variability and optimizing therapeutic interventions by identifying possible pharmacological targets. Chip sequencing is becoming a crucial research and development tool as pharmaceutical companies seek more effective and targeted methods for creating new medications.
Some of the major players operating in the ChIP- sequencing market are:
- Illumina, Inc. (U.S.)
- Thermo Fisher Scientific, Inc. (U.S.)
- PerkinElmer Inc. (U.S.)
- BGI Group (China)
- Agilent Technologies Inc. (U.S.)
- Eurofins Scientific SE (Luxembourg)
- PacBio (U.S.)
- Oxford Nanopore Technologies plc (U.K.)
- QIAGEN (Netherlands)
- F. Hoffmann-La Roche Ltd (Switzerland)
- GENEWIZ, Inc., (U.S.)
- Psomagen (South Korea)
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