Middle East Single Nucleotide Polymorphism (SNP) Genotyping Market Size By Technology (SNP Microarrays, TaqMan SNP Genotyping, Sequencing Technology), By Application (Diagnostics, Animal, Plant, and Research), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationMiddle East Single Nucleotide Polymorphism (SNP) Genotyping Market Size By Technology (SNP Microarrays, TaqMan SNP Genotyping, Sequencing Technology), By Application (Diagnostics, Animal, Plant, and Research), By Geographic Scope And Forecast
Middle East Single Nucleotide Polymorphism Genotyping Market Size And Forecast
The market size of SNP genotyping stood at USD 633.71 million in 2020 and is projected to reach USD 2,252.14 million, by 2028. The market in Saudi Arabia is expected to grow with a CAGR of 18.9% during the forecast period (2021-2028).
The Middle East SNP market is driven by growing fatal diseases and growing expenditure on the research and development sector. The growing educational institutes in the region are propelling market growth. The Middle East Single Nucleotide Polymorphism Genotyping Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Middle East Single Nucleotide Polymorphism Genotyping Market Definition
Think of Single Nucleotide Polymorphism (SNP) Genotyping as a way to find and identify those tiny variations in our DNA – SNPs, where a single DNA letter change creates a different version of a gene. It's become a pretty hot topic and a useful tool for digging into DNA differences. As we get better microarrays with more DNA probes, the market for SNP Genotyping is predicted to really take off. While super effective, SNP genotyping can be a bit pricier than older, slower, and more hands-on methods.
Automated Analysis of SNP genotyping is widely used across genetics, especially when hunting down the genetic roots of complex illnesses. These technologies are proving invaluable in understanding what causes lots of human diseases, including cardiovascular problems, cancer, Alzheimer’s, asthma, and more.
SNP genotyping is really taking off in life science and genomics research! Think of it – it's got a ton of uses, from research labs to agricultural biotech and even pharmaceuticals. We're seeing its impact everywhere, like tweaking dairy, impacting the Middle East, and boosting crop yields. The way we're using SNP genotyping is changing fast, from basic genetic testing to plant and animal biotechnology. Single Nucleotide Polymorphism Genotyping helps us understand the human genome better and how genetic diseases get passed down. Because it can predict disease risk and how someone might react to a drug, Single Nucleotide Polymorphism Genotyping is super valuable in medicine and pharmaceuticals. Human SNP genotyping could really shake things up in clinical diagnostics, predicting diseases, guiding treatment, finding new drugs, and generally improving how we practice medicine. Plus, the rise in serious illnesses like diabetes and cancer is pushing things forward. And with more people wanting genetic analysis for plants and animals, along with both private and public money flowing into genetics, the field is only getting bigger.
The Middle East SNP Genotyping market is segmented based on technology and application. Based on technology, the market is segmented into SNP Microarrays, TaqMan SNP genotyping, MassARRAY SNP Genotyping, Sequencing Technology, and Others. Also, by application, the market is segmented into Diagnostics, Animal, Plant research, and others. Affymetrix, Bio-rad, Beckman Coulter, Agilent Technologies, Luminex Corporation, Applied Biosystems, Roche, Enzo Life Sciences, Qiagen, BGI. These are some of the key players in the market.
Middle East Single Nucleotide Polymorphism Genotyping Market Overview
Single nucleotide polymorphism genotyping is a research-based industry. In the growing years of growing technology and research and development, the industry is witnessing Middle East growth. However, the low healthcare spending and less developed facility for the R&D sector hampering the market growth. The initiation of COVID caused the various markets to shut down SNP genotyping saw a lucrative growth as it was utilized in COVID detection.
The Middle East SNP market is driven by growing fatal diseases and growing expenditure on the research and development sector. The growing educational institutes in the region are propelling market growth. The increasing pipeline for personalized medicine and novel drug delivery systems, which extensively exploit SNP in genetic materials for drug development applications, is primarily responsible for the large share of pharmacogenomics.
The Middle East SNP Genotyping is segmented based on technology and application. The technology segment is divided into SNP Microarrays, TaqMan SNP Genotyping, MassARRAY SNP Genotyping, Sequencing Technology, and Others. The application is segmented into Diagnostics, Animal, Plant, and Research.
The development of next-generation is a sequencing technology that revolutionizes the field of biology and creates new genetic sequences that help in fighting any disease. The growing research for population genetics, mapping traits and phylogeography is boosting the market growth in the long run.
Turns out, SNPs (single nucleotide polymorphisms) are a pretty good way to predict how someone will react to a drug, and how that drug might impact the environment. We're also trying to figure out if there are any nasty side effects when a drug is developed to fight a specific disease. It's great to see governments stepping up and investing in research and development; this push is really helping us create new technologies that can benefit everyone. What's cool about using SNPs instead of other genotyping methods is that they're super flexible and let us detect and manage data quickly. And get this – countries like Saudi Arabia are investing big time, with an expected growth of almost 19% in this area!
Middle East Single Nucleotide Polymorphism Genotyping MarketSegmentation Analysis
The Middle East Single Nucleotide Polymorphism Genotyping Market is segmented on the basis of Technology, Application, and Geography.
Middle East Single Nucleotide Polymorphism Genotyping Market, By Technology
• SNP Microarrays• TaqMan SNP Genotyping• Sequencing Technology• Others
When we look at the technology used, the market's split into a few areasSNP Microarrays, TaqMan SNP Genotyping, Sequencing Technology, and, well, "Others." Seems like SNP Microarrays were the big players back in the FY 2020, grabbing the largest piece of the pie. The idea behind SNP microarray technology is mixing up little bits of single-stranded DNA with arrays that have tons (think hundreds of thousands!) of unique nucleotide probe sequences. Each one of these probes is specifically designed to grab onto a certain part of the target DNA. Right now, the Affymetrix SNP and Illumina platforms are what you'll mostly find for single nucleotide polymorphism genotyping. And good newsthese Affymetrix and Illumina genotyping solutions are pretty dependable for things like agricultural genotyping, precision medicine, big population studies, forensics, and even those genome-wide association studies. Plus, those high-density single nucleotide polymorphism chips you can buy usually cover most of the human genome, plus other animals and plants that are important for the economy.
Middle East Single Nucleotide Polymorphism Genotyping Market, By Application
• Diagnostics• Animal• Plant• Research
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So, how's the Middle East's market for Single Nucleotide Polymorphism (SNP) Genotyping shaping up? Well, it's all about the Application, which breaks down into areas like Diagnostics, Animal health, Plant science, and of course, Research. And get this – Research is leading the pack, grabbing a whopping 55.25% of the market share back in 2020! Plus, it's expected to keep booming with the highest Compound Annual Growth Rate (CAGR) of 17.65% over the next few years. Now, in case you're wondering, SNP Genotyping is basically a way to sequence those all-important nucleic acid molecules, using cool techniques like capillary electrophoresis, prism, and microarrays. Think of it like thisin diagnostics, it's used to predict if someone might develop certain diseases or how they'll react to medication. It's super useful in figuring out the causes of all sorts of illnesses, from cardiovascular issues to Alzheimer’s, cancer, asthma, and more. SNP genotyping is showing real promise as a way to study those tricky, common diseases where loads of genetic variations play a part. On top of that, it's already helped us pinpoint SNPs linked to complex conditions like heart problems, diabetes, Parkinson’s, and even Crohn’s disease. You can learn more about genetic research if you're interested.
Middle East Single Nucleotide Polymorphism Genotyping Market, By Geography
• Saudi Arabia• UAE• Oman• Turkey• Qatar• Rest of Middle East
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Okay, so when we look at the Middle East Single Nucleotide Polymorphism Genotyping Market, we can break it down by region. We're talking about countries like Saudi Arabia, the UAE, Oman, Turkey, Qatar, and well, the rest of the Middle East. And right now, Saudi Arabia? They're a big player, holding a major chunk of the market and showing strong growth. Why? They're putting serious money into both new drug development and just generally improving healthcare. Now, if you zoom out a bit to include other regions, you'll see that Turkey, the UAE, South Africa, Saudi Arabia, and the remaining areas of the Middle East & Africa are all key for drug discovery. Plus, everyone's starting to use HTS technology a lot more in the Middle East and Africa for all sorts of drug development stuff. For example, they're using it to find potential inhibitors for respiratory syndrome diseases in the Middle East. What's also driving this? Unfortunately, it's the rise in diseases like Alzheimer’s and AIDS, along with drug-resistant bugs – all pushing researchers to find new bioactive compounds. So, all this is really boosting the drug discovery market, which in turn, helps fuel the SNP Genotyping market in the region.
Key Players
The “Middle East Single Nucleotide Polymorphism Genotyping Market” study report will provide a valuable insight with an emphasis on the market including some of the major players such as Bio-Rad Laboratories, Agilent Technologies, Thermo Fisher Scientific (Affymetrix) Inc., PerkinElmer, Roche Holding AG, Enzo Life Sciences, Inc., Qiagen, Illumina, Shimadzu Corporation, Waters Corporation. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.
Key Developments
• Thermo Scientific has introduced Differential Ion Mobility Interface to enhance qualitative and quantitative mass spectral workflows.• The Thermo Scientific FAIMS Pro Duo interface builds upon the foundation of the Thermo Scientific FAIMS Pro interface to continue to support biological mass spectrometry (MS) and extend differential ion mobility to a broader range of applications including proteomics, plasma profiling, and targeted small-molecule quantitation.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2017-2028 |
BASE YEAR | 2020 |
FORECAST PERIOD | 2021-2028 |
HISTORICAL PERIOD | 2017-2019 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Bio-Rad Laboratories, Agilent Technologies, Thermo Fisher Scientific (Affymetrix) Inc., PerkinElmer, Roche Holding AG, Enzo Life Sciences, Inc., & Others |
SEGMENTS COVERED | Technology, Application, and Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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