Genotyping Assay Market
By Product and Service;
Reagents & Kits, Genotyping Services, Instruments and BioinformaticsBy Technology;
Microarrays, Polymerase Chain Reaction, Sequencing, Capillary Electrophoresis and Matrix-Assisted Laser Desorption or Ionization-Time of Flight Mass SpectrometryBy End-Use;
Pharmacogenomics, Personalized Medicine & Diagnostics, Animal Genetics, Agricultural Biotechnology, Research & Diagnostic Laboratories and Academic InstitutesBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Genotyping Assay Market Overview
Genotyping Assay Market (USD Million)
Genotyping Assay Market was valued at USD 21,277.62 million in the year 2024. The size of this market is expected to increase to USD 81,364.35 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 21.1%.
Genotyping Assay Market
*Market size in USD million
CAGR 21.1 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 21.1 % |
| Market Size (2024) | USD 21,277.62 Million |
| Market Size (2031) | USD 81,364.35 Million |
| Market Concentration | Low |
| Report Pages | 366 |
Major Players
- Thermo Fisher Scientific Inc
- Illumina Inc
- Roche Diagnostics Limited
- Danaher Corporation
- Qiagen N.V
- Fluidigm Corporation
- Agilent Technologies Inc
- GE Healthcare
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Genotyping Assay Market
Fragmented - Highly competitive market without dominant players
Genotyping Assay Market is gaining traction as healthcare shifts toward precision medicine and targeted therapies. Approximately 65% of pharmaceutical companies now utilize genotyping tools to refine drug development processes. These platforms enable more accurate patient profiling, supporting better therapeutic outcomes and minimized side effects, making them indispensable in personalized healthcare.
Innovations Driving Cost-Effective Genomic Analysis
Breakthroughs in genotyping technologies are pushing the market forward by offering greater speed, higher precision, and lower costs. Around 58% of laboratories have transitioned to next-generation platforms for broader genomic research. These improvements are enabling seamless integration across research and clinical ecosystems, enhancing decision-making and reducing operational complexities.
Expanding Role in Genetic Risk Profiling
As more healthcare systems prioritize preventive care, the use of genotyping assays in disease risk profiling has risen sharply. Over 60% of screening initiatives now depend on genotyping to identify predispositions to chronic and inherited conditions. This trend underlines the growing role of genetic testing in early diagnosis and patient risk stratification.
Pharmacogenomics Driving Therapeutic Insights
The utility of genotyping in pharmacogenomic research has grown significantly, with 62% of biotechnology companies applying these assays to correlate gene variants with drug responses. These applications are pivotal in optimizing therapeutic protocols and minimizing adverse drug reactions, helping shape evidence-based treatment strategies.
Genotyping Assay Market Key Takeaways
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Genotyping Assay Market is expanding rapidly as demand rises for personalized medicine, genetic testing, and precision diagnostics across healthcare and research sectors.
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Advancements in next-generation sequencing (NGS) and polymerase chain reaction (PCR) technologies are driving faster, more accurate genotyping for disease association and drug response studies.
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Approximately 55% of global demand comes from pharmaceutical and biotechnology companies focused on pharmacogenomics and clinical trial biomarker analysis.
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The growing prevalence of genetic disorders and cancer is accelerating adoption of genotyping assays for early detection, risk assessment, and therapeutic targeting.
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Manufacturers are investing in automated, high-throughput platforms that enable scalable and cost-efficient analysis of large genomic datasets.
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Integration of AI-driven bioinformatics tools is improving genotype interpretation, enabling researchers to identify genetic variations with higher precision and clinical relevance.
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Government and academic funding for genomic research initiatives across North America, Europe, and Asia-Pacific is further fueling market expansion and innovation in assay development.
Genotyping Assay Market Recent Developments
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In February 2023, Agilent Technologies introduced its innovative On-deck thermal cycler, designed to streamline thermal cycling within fully automated workflows. This solution enhances efficiency across NGS, end-point PCR, and cell-based assays, minimizing manual handling while ensuring precision and consistency in high-throughput laboratory processes.
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In May 2023, Illumina introduced Connected Insights, an advanced cloud-based software designed to streamline tertiary analysis for clinical next-generation sequencing (NGS) data. This solution supports comprehensive genomic profiling (CGP) of complex tumors and facilitates whole-genome sequencing for rare disease research, enhancing precision diagnostics and clinical decision-making through secure cloud integration.
Genotyping Assay Market Segment Analysis
In this report, the Genotyping Assay Market has been segmented by Product and Service, Technology, End-Use, and Geography. The market is driven by advancements in genetic research, the increasing prevalence of genetic disorders, and the growing demand for personalized medicine. The development of high-throughput techniques and the use of bioinformatics to analyze genetic data are transforming healthcare practices and enabling more accurate and targeted therapies.
Genotyping Assay Market, Segmentation by Product and Service
The Product and Service axis includes reagents, kits, instruments, and bioinformatics services. These products and services are essential for carrying out genetic testing, providing high-quality, reproducible results. The demand for reagents and kits continues to grow with the increasing number of genetic tests being used in clinical and research settings.
Reagents & KitsReagents & kits are the backbone of genotyping assays, providing all the necessary components for DNA extraction, amplification, and analysis. These products are critical in ensuring that genetic assays are accurate and efficient. The growing use of PCR, microarrays, and sequencing technologies is driving the demand for high-quality reagents and kits.
Genotyping ServicesGenotyping services are increasingly in demand for both clinical diagnostics and research purposes. These services offer high-throughput testing and analysis for a range of applications, including genetic disease detection, pharmacogenomics, and personalized medicine. The expansion of genetic testing in clinical practice is contributing to the growth of this segment.
InstrumentsInstruments used in genotyping assays, such as sequencers, PCR machines, and microarray analyzers, are essential for high-precision genetic analysis. These devices enable the processing of large volumes of genetic data, making them indispensable in research labs and clinical diagnostic settings. The development of compact, cost-effective instruments is making them more accessible in a broader range of healthcare facilities.
BioinformaticsBioinformatics tools and software are critical for analyzing and interpreting the large datasets generated by genotyping assays. These tools support tasks such as variant calling, genome-wide association studies (GWAS), and genetic disease mapping. The demand for bioinformatics services is growing as the need for complex data analysis increases across research and clinical settings.
Genotyping Assay Market, Segmentation by Technology
The Technology axis identifies the various techniques used in genotyping assays. These technologies include microarrays, polymerase chain reaction (PCR), sequencing, capillary electrophoresis, and matrix-assisted laser desorption/ionization-time of flight mass spectrometry (MALDI-TOF MS), each offering different strengths in terms of throughput, accuracy, and application scope.
MicroarraysMicroarrays are widely used for high-throughput genetic testing, allowing for the simultaneous analysis of thousands of genetic markers. This technology is particularly valuable in genomic research and disease diagnostics, offering a cost-effective solution for large-scale genetic screenings.
Polymerase Chain Reaction (PCR)Polymerase chain reaction (PCR) is a widely used technology for amplifying specific DNA sequences, making it essential for genotyping assays. PCR allows for the detection of specific genetic variations and is commonly used in diagnostics for genetic disorders, infectious diseases, and personalized medicine.
SequencingSequencing, particularly next-generation sequencing (NGS), provides a detailed view of genetic information and is increasingly being used for comprehensive genetic testing. NGS is revolutionizing the field of genomics by enabling the sequencing of entire genomes, improving the understanding of complex genetic diseases and advancing personalized medicine.
Capillary ElectrophoresisCapillary electrophoresis is a technique used to separate DNA fragments based on their size and charge. It is commonly used in genotyping assays to analyze single nucleotide polymorphisms (SNPs) and other genetic variations, offering high resolution and accuracy in genetic testing.
MALDI-TOF MSMALDI-TOF MS is a technique used to analyze genetic samples by measuring the mass-to-charge ratio of ionized particles. It is particularly useful for microbial genotyping and the analysis of genetic variants in complex samples, providing high-throughput capabilities with minimal sample preparation.
Genotyping Assay Market, Segmentation by End-Use
The End-Use axis identifies the primary sectors using genotyping assays, which include pharmacogenomics, personalized medicine, animal genetics, agricultural biotechnology, and research and diagnostic laboratories. These sectors are driving the demand for genetic testing and personalized treatments, contributing to the overall growth of the market.
PharmacogenomicsPharmacogenomics is a growing field focused on understanding how genetic variations affect drug responses. Genotyping assays play a key role in this area by providing data on genetic markers that influence drug metabolism, efficacy, and toxicity, helping to develop personalized treatment plans for patients.
Personalized Medicine & DiagnosticsPersonalized medicine uses genetic information to tailor medical treatments to individual patients. Genotyping assays are at the heart of this approach, enabling clinicians to make more informed decisions about treatment options, particularly in oncology, cardiovascular disorders, and neurological diseases.
Animal GeneticsAnimal genetics involves the study of genetic traits in animals for applications in breeding, disease management, and agriculture. Genotyping assays are increasingly used to improve livestock productivity, disease resistance, and the genetic traits of animals in agricultural settings.
Agricultural BiotechnologyAgricultural biotechnology uses genotyping assays to enhance crop production, pest resistance, and genetic traits in plants. This sector benefits from high-throughput genetic testing, which supports the development of genetically modified crops and the analysis of biodiversity in agricultural ecosystems.
Research & Diagnostic LaboratoriesResearch and diagnostic laboratories are major consumers of genotyping assays, conducting genetic screenings for a variety of diseases and conditions. These laboratories require high-quality, reliable testing systems for genetic analysis, enabling them to support both clinical diagnostics and scientific research.
Academic InstitutesAcademic institutes are key players in advancing genotyping technologies. These institutions use genetic testing in research to understand the genetic basis of diseases, develop new therapies, and explore innovations in gene therapy. Collaboration with industry players accelerates the development of new genotyping methods.
Genotyping Assay Market, Segmentation by Geography
In this report, the Genotyping Assay Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Regions and Countries Analyzed in this Report
North America holds the largest market share for genotyping assays, driven by the high demand for personalized medicine, advanced healthcare infrastructure, and robust research funding. The U.S. is the key contributor to this market, with a growing focus on pharmacogenomics and genetic diagnostics.
EuropeEurope is seeing steady growth in the genotyping assay market, with a strong emphasis on regulatory standards and the widespread adoption of genetic testing in clinical practice. The region benefits from high research activity and collaboration between academia and industry.
Asia PacificAsia Pacific is the fastest-growing region for genotyping assays, driven by increasing healthcare access, the rise of genomic research, and the growing demand for genetic testing in clinical diagnostics. China, Japan, and India are the leading markets in this region.
Middle East & AfricaMiddle East & Africa is gradually adopting genotyping technologies, with growing investments in healthcare infrastructure and research. The demand for genetic testing is increasing, particularly in major urban centers with advanced healthcare facilities.
Latin AmericaLatin America is experiencing moderate growth, driven by rising healthcare access, improved diagnostics, and a growing focus on personalized treatments. The region is expected to see increasing demand for genotyping assays in both research and clinical settings.
Genotyping Assay Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Genotyping Assay Market. These factors include; Market Drivers, Restraints and Opportunities.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints, and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing Demand for Personalized Medicine
- Rising Prevalence of Genetic Disorders
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Expanding Applications in Pharmacogenomics-The expanding applications of genotyping assays in pharmacogenomics represent a significant driver for the global market. Pharmacogenomics leverages genetic information to personalize drug therapy, aiming to optimize treatment outcomes while minimizing adverse effects. Genotyping assays play a pivotal role in this field by identifying genetic variations that influence drug metabolism, efficacy, and toxicity. By enabling clinicians to tailor medications based on individual genetic profiles, these assays hold immense promise for improving patient care and therapeutic efficacy across various medical specialties.
One key aspect of the expanding applications in pharmacogenomics is the growing recognition of the importance of genetic variability in drug response. Genetic variations in drug-metabolizing enzymes, transporters, and drug targets can significantly impact an individual's response to medication. Genotyping assays provide a means to identify these variations, allowing healthcare providers to make informed decisions regarding drug selection, dosing, and monitoring. This personalized approach to pharmacotherapy holds the potential to enhance treatment outcomes, reduce adverse reactions, and optimize medication management, particularly in complex and chronic diseases.
The integration of pharmacogenomic information into clinical practice is gaining momentum, driven by advancements in genotyping technologies and increasing evidence supporting its clinical utility. As genotyping assays become more accessible, affordable, and standardized, their adoption in routine clinical care is expected to expand. Healthcare systems are increasingly recognizing the value of pharmacogenomics in improving medication safety, efficacy, and cost-effectiveness, thereby driving the demand for genotyping assays across various healthcare settings.
The expanding applications of genotyping assays in pharmacogenomics extend beyond individualized patient care to broader implications for drug development and precision medicine initiatives. By elucidating the genetic basis of drug response variability in diverse patient populations, these assays contribute valuable insights into drug efficacy, safety, and therapeutic mechanisms. This knowledge not only facilitates the development of safer and more effective medications but also supports the advancement of precision medicine approaches aimed at targeting treatments to specific patient subgroups based on their genetic profiles. Thus, the intersection of genotyping assays and pharmacogenomics holds immense potential to revolutionize drug discovery, development, and delivery, paving the way for more personalized and effective healthcare interventions.
Restraints
- Complexity of Data Analysis
- Regulatory Challenges
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Ethical and Social Implications-Ethical and social implications surrounding the Genotyping Assay Market are multifaceted, influencing both individuals and societies at large. At the forefront is the issue of privacy and genetic discrimination. As individuals undergo genotyping assays to uncover insights into their genetic makeup, concerns arise regarding the protection of sensitive genetic information. The fear of genetic discrimination in employment, insurance, and social contexts looms large, prompting calls for robust legislation and ethical guidelines to safeguard individuals' genetic privacy and prevent discriminatory practices based on genetic predispositions.
The accessibility and affordability of genotyping assays raise questions of equity and justice. While advancements in technology have expanded access to genetic testing, disparities persist, particularly among marginalized communities and resource-constrained regions. The unequal distribution of genetic testing resources exacerbates existing healthcare inequalities, widening the gap between those who can afford genetic testing and those who cannot. Addressing these disparities requires concerted efforts to promote equitable access to genotyping assays, mitigate financial barriers, and ensure that genetic testing benefits all segments of society.
The implications of genetic testing extend beyond the individual to familial and societal levels. The revelation of genetic predispositions to hereditary diseases not only impacts the individual's health decisions but also raises ethical dilemmas regarding family members' rights to genetic information. Questions arise regarding the obligation to disclose genetic risks to relatives, balancing individual autonomy with the duty to prevent harm within families. These ethical considerations underscore the need for comprehensive genetic counseling and informed consent processes to guide individuals and families through the complexities of genetic testing.
The broader societal implications of widespread genetic testing encompass cultural, religious, and philosophical dimensions. Genetic determinism, the notion that genes solely dictate human traits and behaviors, challenges traditional beliefs about free will, identity, and human agency. Debates surrounding genetic essentialism, genetic exceptionalism, and the implications of genetic discoveries for concepts of responsibility and stigma continue to shape public discourse on the ethical and social implications of genotyping assays. Navigating these complex ethical and social landscapes requires interdisciplinary dialogue, ethical reflection, and stakeholder engagement to ensure that genetic testing technologies are deployed responsibly and ethically in ways that promote human flourishing and societal well-being.
Opportunities
- Integration with Electronic Health Records (EHRs)
- Advancements in Data Analytics
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Collaborations and Partnerships-Collaborations and partnerships play a pivotal role in shaping the landscape of the Genotyping Assay Market, facilitating synergies among key stakeholders to drive innovation, expand market reach, and accelerate technology adoption. In an era marked by rapid advancements in genomic research and personalized medicine, collaborations between genotyping assay manufacturers, academic institutions, research consortia, and healthcare providers have emerged as a strategic imperative to leverage complementary expertise, resources, and networks.
These collaborations often entail joint research projects aimed at developing novel genotyping technologies, enhancing assay performance, and validating biomarkers for clinical applications. By pooling together diverse perspectives, technical capabilities, and datasets, partners can expedite the translation of scientific discoveries into commercially viable products, addressing unmet needs in disease diagnosis, treatment selection, and patient management.
Collaborations enable access to larger and more diverse patient cohorts, essential for conducting robust clinical studies and validating the clinical utility of genotyping assays across different populations and disease contexts. By forging alliances with leading academic centers, clinical research organizations (CROs), and healthcare networks, genotyping assay manufacturers can strengthen the evidence base supporting their products, thereby enhancing market acceptance and reimbursement prospects.
Beyond research and development, collaborations and partnerships also extend to commercialization and market expansion strategies. By leveraging each other's distribution channels, market presence, and customer relationships, partners can enhance the visibility and accessibility of genotyping assays, tapping into new geographic markets, specialty areas, and customer segments. Strategic alliances may involve co-marketing agreements, distribution partnerships, or licensing arrangements, enabling partners to capitalize on synergistic strengths and maximize market penetration.
Genotyping Assay Market Competitive Landscape Analysis
Genotyping Assay Market has witnessed substantial growth driven by strategic partnerships, collaboration, and targeted expansion initiatives. Leading players are deploying innovative strategies to strengthen market share, with top companies capturing nearly 64% of total revenue. Technological advancements in assay design, high-throughput platforms, and automation continue to improve accuracy, speed, and reliability.
Market Structure and Concentration
Genotyping Assay Market exhibits moderate concentration, with the top five companies holding approximately 61% of the market. Strategic mergers and partnerships reinforce competitive positioning, while emerging players leverage innovation and niche-focused strategies to capture applications in research, clinical diagnostics, and agricultural genomics. This structure supports sustained growth globally.
Brand and Channel Strategies
Leading brands adopt multi-channel strategies to expand market reach, with nearly 69% of sales through direct and indirect channels. Collaborative partnerships with laboratories, academic institutions, and healthcare providers enhance deployment efficiency. Continuous innovation in assay chemistry, software integration, and throughput capabilities drives differentiation and supports sustainable market expansion.
Innovation Drivers and Technological Advancements
Technological advancements in high-throughput platforms, multiplexing, and real-time data analysis contribute to approximately 63% of new product developments, fueling market growth. Companies focus on innovation, collaborative research, and advanced strategies to improve sensitivity, scalability, and workflow efficiency, fostering robust expansion.
Regional Momentum and Expansion
Regional expansion is significant, with North America and Europe generating nearly 74% of total revenue. Companies pursue strategic partnerships and collaboration to strengthen presence in emerging genomics markets. Technological innovation and targeted growth initiatives facilitate adoption across research, diagnostics, and agriculture sectors, supporting a positive future outlook.
Future Outlook
The future outlook for Genotyping Assay Market is promising, driven by sustained growth, strategic partnerships, and continuous innovation. Industry players are expected to expand product portfolios and integrate advanced high-throughput and automation technologies, with approximately 66% of projected revenue arising from high-accuracy and scalable assays, reflecting strong expansion.
Key players in Genotyping Assay Market include:
- Thermo Fisher Scientific Inc.
- Illumina Inc.
- Roche Diagnostics
- Danaher Corporation
- QIAGEN N.V.
- Agilent Technologies Inc.
- Bio-Rad Laboratories Inc.
- GE Healthcare
- PerkinElmer Inc.
- Twist Bioscience
- Oxford Nanopore Technologies plc
- Standard BioTools
- Eurofins Scientific
- Macrogen, Inc.
- New England Biolabs
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product and Service
- Market Snapshot, By Technology
- Market Snapshot, By End-Use
- Market Snapshot, By Region
- Genotyping Assay Market Forces
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Demand for Personalized Medicine
- Rising Prevalence of Genetic Disorders
- Expanding Applications in Pharmacogenomics
- Restraints
- Complexity of Data Analysis
- Regulatory Challenges
- Ethical and Social Implications
- Opportunities
- Integration with Electronic Health Records (EHRs)
- Advancements in Data Analytics
- Collaborations and Partnerships
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Genotyping Assay Market, By Product and Service, 2021 - 2031 (USD Million)
- Reagents & Kits
- Genotyping Services
- Instruments
- Bioinformatics
- Genotyping Assay Market, By Technology, 2021 - 2031 (USD Million)
- Microarrays
- Polymerase Chain Reaction
- Sequencing
- Capillary Electrophoresis
- Matrix-Assisted Laser Desorption or Ionization-Time of Flight Mass Spectrometry
- Genotyping Assay Market, By End-Use, 2021 - 2031 (USD Million)
- Pharmacogenomics
- Personalized Medicine & Diagnostics
- Animal Genetics
- Agricultural Biotechnology
- Research & Diagnostic Laboratories
- Academic Institutes
- Genotyping Assay Market, By Geography, 2021-2031(USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Genotyping Assay Market, By Product and Service, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Thermo Fisher Scientific Inc.
- Illumina Inc.
- Roche Diagnostics
- Danaher Corporation
- QIAGEN N.V.
- Agilent Technologies Inc.
- Bio-Rad Laboratories Inc.
- GE Healthcare
- PerkinElmer Inc.
- Twist Bioscience
- Oxford Nanopore Technologies plc
- Standard BioTools
- Eurofins Scientific
- Macrogen, Inc.
- New England Biolabs
- Company Profiles
- Analyst Views
- Future Outlook of the Market

