Kenneth Research, in its repository of market research reports, have recently added a report on the Global Immune Repertoire Sequencing Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Global Immune Repertoire Sequencing Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Immune Repertoire Sequencing Market products.
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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.
Global Immune Repertoire Sequencing Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. Immune repertoire is sub-type of proteins on organism’s immune system creates. Immune repertoire sequencing allows scientist and researchers to inspect and recognize the adoptive immune-mediated diseases. Immune repertoire sequencing is also widely accepted in cancer immunotherapy, biomarker discovery, asthma and allergy research and infectious diseases research. Increasing research & development, increasing prevalence of cancer and new launches of novel products are the driving factors of the immune repertoire sequencing market across the globe. In addition, increasing international collaboration in immune repertoire sequencing projects is creating a numerous opportunity in the market over the upcoming years. However, lack of awareness about the about the cancer diseases treatment and high cost related with sequencing platform & data analytics services are the restraining factor of the market across the globe.
The regional analysis of Global Immune Repertoire Sequencing Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to increasingly focus on developing novel technologies and high presence of key players in the region. Europe is also estimated to grow in market due to rapid growth in immune repertoire sequencing in the region over the forecast period. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to increasing usage of immune repertoire sequencing in oncology research in the region. High prevalence of infectious diseases is substantial driver for growth of immune repertoire sequencing market in Middle East and Africa.
The market player included in this report are:
• Illumina Inc.
• Pacific Biosciences of California Inc.
• Agilent Technologies
• Oxford Nanopore Technologies Ltd.
• QIAGEN N.V.
• Thermo Fischer Scientific
• Hoffmann-La Roche Ltd.
• Takara Bio Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Software & Services
Vaccine Development & Efficacy
Transplant Rejection & Tolerance
Research Center Diagnostic Laboratories
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
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Target Audience of the Global Immune Repertoire Sequencing Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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