Deoxynucleoside Triphosphates Market

The report "Deoxynucleoside Triphosphates Market by Type (Solid, Liquid dNTPs), End User (Research Institutes, Biotech & Pharmaceutical Companies)-Global Forecast to 2027", size is projected to reach USD xx million by 2027 from USD xx million in 2022, at a CAGR of xx% during the forecast period.

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Market is driven by factors such as advancing research in the area of sequence based studies. However, the dearth of skilled professionals and the high expenses of the dNTPS and reagents are expected to limit market growth to a certain extent in the coming years

“The liquid Deoxynucleoside triphosphates segment accounted for the largest market share in the Deoxynucleoside triphosphates market, type, during the forecast period”

By type, the Deoxynucleoside triphosphates market is segmented into solid and liquid dNTPs. In 2021, liquid segment dominated the market with the largest owing to the massive usage in the PCR sequencing, target gene amplification, recombination, etc. The solid dNTPs are expected to grow with the fastest CAGR with the emerging next generation sequencing technologies and solid phase primer elongation technology.

Research and Academic Institutes segment accounted for the largest market share”

Based on the end user, the Deoxynucleoside triphosphates Market is segmented into Research and Academic Institutes, and Biotech and Pharmaceutical Companies. The Research and Academic Institutes segment held the dominating share in 2021, owing to the high expenditure and advanced infrastructure of the research facilities, increasing funding by the government and private bodies to meet the high demand of research in the area of sequencing, gene amplifications, recombinant DNA technologies, etc.

“APAC region accounted for the highest CAGR”

The global Deoxynucleoside triphosphates market is divided into five regions: North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. According to the regional analysis, the North America region is expected to retain a significant market share in 2021 and in the coming years. The North America Deoxynucleoside triphosphates market is being fueled by the increase in the cases of chronic, infectious and genetic diseases, advanced infrastructure for research in the area of sequence and recombinant DNA technologies that utilizes PCR, NGS, etc. Asia Pacific is expected to grow with the fastest CAGR, owing to the improving research infrsastructure, increasing focus of government to fund the academics and research labs for disease research. The major players operating in this market are Bio-Rad Laboratories, Inc. (US), Thermo Fisher Scientific, Inc (US), Promega (US), Creative Diagnostics (US), Meridian Bioscience (US), Jena Bioscience (Germany), Geneaid (Taiwan), Qiagen N.V. (Germany), Transgen Biotech (France), and Boster Biological Technology (US).

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