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Market Research Forecasts DNA Sequencing Market Growth at 17% CAGR by 2016

(April 30, 2012)

ROCKVILLE, MD -- (Marketwire) -- 04/30/12 -- MarketResearch.com has announced the addition of the new report "DNA Sequencing: Emerging Technologies and Applications," to their collection of Biotechnology market reports. For more information, visit http://www.marketresearch.com/BCC-Research-v374/DNA-Sequencing-Emerging-Technologies-Applications-6904455/

The global market for sequencing products was nearly $3 billion in 2011, and it is forecast to grow at a compound annual growth rate (CAGR) of 17.5% to reach $6.6 billion by 2016.

Sequencing instruments and consumables made up the largest market segment in 2011, with revenues of nearly $1.6 billion. BCC expects this market to grow to $2.2 billion by 2016, a CAGR of 7.3%.

The sequencing services market was $838 million in 2010, which reached nearly $988 million in 2011. Sequencing services comprise the fastest-growing market segment with a 29% CAGR estimated to reach $3.5 billion by 2016.


For more information, visit http://www.marketresearch.com/BCC-Research-v374/DNA-Sequencing-Emerging-Technologies-Applications-6904455/

About MarketResearch.com

MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Veronica Franco at 240-747-3016 or visit http://www.marketresearch.com.

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