The Business Research Company’s Single Nucleotide Polymorphism (SNP) Genotyping Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Single Nucleotide Polymorphism (SNP) Genotyping Global Market Report 2023 evaluates single nucleotide polymorphism (snp) genotyping market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global single nucleotide polymorphism (SNP) genotyping market is expected to grow from $7.01 billion in 2022 to $8.48 billion in 2023 at a compound annual growth rate (CAGR) of 21%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The single nucleotide polymorphism (SNP) genotyping market is expected to reach $17.32 billion in 2027 at a CAGR of 19.5%.

The increasing burden of chronic conditions is expected to propel the growth of the single nucleotide polymorphism (SNP) genotyping market going forward. Chronic conditions are problems that last a year or longer, necessitating continuing medical care, restricting everyday activities, or both. Single Nucleotide Polymorphism (SNP) genotyping is essential for identifying genetic predispositions and promoting personalized medicine due to the increased prevalence of chronic diseases. For instance, in January 2023, according to the National Center for Biotechnology Information (NCBI), a US-based National Library of Medicine, there will be 142.66 million people with chronic diseases worldwide by the year 2050, up from 71.522 million in 2020. Therefore, the increasing burden of chronic conditions drives the growth of the single nucleotide polymorphism (SNP) genotyping systems market.

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The single nucleotide polymorphism (snp) genotyping market segments in the report are:

1) By Product: Consumables, Instruments, services

2) By Technology: TaqMan SNP Genotyping, Mass Array SNP Genotyping, SNP Gene Chip Arrays, Other Technologies

3) By Application: Animal Genetics, Plant Improvement, Diagnostic Research, Pharmaceuticals And Pharmacogenomics, Agricultural Biotechnology, Other Applications

The table of contents in TBRC’s single nucleotide polymorphism (snp) genotyping market report includes:

Executive Summary
Single Nucleotide Polymorphism (SNP) Genotyping Market Characteristics
Single Nucleotide Polymorphism (SNP) Genotyping Market Trends And Strategies
Single Nucleotide Polymorphism (SNP) Genotyping Market - Macro Economic Scenario
Single Nucleotide Polymorphism (SNP) Genotyping Market Segmentation.
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Global Single Nucleotide Polymorphism (SNP) Genotyping Market Competitive Benchmarking
Global Single Nucleotide Polymorphism (SNP) Genotyping Market Competitive Dashboard
Key Mergers And Acquisitions In The Single Nucleotide Polymorphism (SNP) Genotyping Market
Single Nucleotide Polymorphism (SNP) Genotyping Market Future Outlook and Potential Analysis
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