Single Nucleotide
Polymorphism (SNP) genotyping is the screening and analysis of genetic
variations of SNPs in the genome of various species. SNPs are commonly present
in all species including humans. SNP genotyping and analysis technology can
analyze thousands of SNPs and has the potential for whole-genome genotyping. It
is the most common genetic variation that occurs in the genetic makeup. It is
an emerging field in life science, which provides an in-depth analysis of SNPs.
It is generally used by researchers for genomics study. It has a broad range of
applications in several industries such as Pharmaceuticals and
Pharmacogenomics, Diagnostics Research, Agriculture Biotechnology, and Breeding
and Animal Livestock. There are several technologies which are used for SNP
genotyping and analysis such as SNP GeneChips and microarrays, TaqMan allelic
discrimination, SNP by pyrosequencing, SNPlex, and MassARRAY Matrix-assisted
Laser Desorption/Ionization-Time-of-Flight.
Analysts forecast
the Global SNP
Genotyping and Analysis market
to grow at a CAGR of 20.65 percent over the period 2013-2018.
Pharmacogenomics
involves the study of genetic variations that influence an individual's
response to drugs. It is one of the crucial steps of personalized treatment. It
has many applications in clinical practices, including the detection of viral
drug resistance, targeted therapy, and the minimization of the adverse effects
of drugs. The FDA also encourages the use of pharmacogenomics for the drug
development process. Pharmacogenomics is a major step in clinical trials to
study the toxicity and side effects of the drug.
Covered in this Report
This report covers
the present scenario and the growth prospects of the Global SNP Genotyping and
Analysis market for the period 2014-2018. To calculate the market size, the
report considers the revenue generated through the sales of SNP analysis
systems, consumables, and services used in SNP analysis. In addition,
predominant technologies used for SNP genotyping and analysis, such as SNP gene
chips and microarrays, TaqMan allelic discrimination, SNP by pyrosequencing,
SNPlex and MassARRAY Matrix-assisted Laser Desorption/Ionization-Time-of-Flight,
are considered in the scope of the report.
Global SNP
Genotyping and Analysis Market 2014-2018, has been prepared based on an
in-depth market analysis with inputs from industry experts. The report covers
the Americas, and the EMEA and APAC regions; it also covers the Global SNP
Genotyping and Analysis market landscape and its growth prospects in the coming
years. The report also includes a discussion of the key vendors operating in
this market.
According to the
report, the Global SNP Genotyping and Analysis market is driven by several
factors. Advancement in SNP genotyping and analysis technology is one of the
major drivers. The improved accuracy, high sensitivity, and better diagnostic
speed of SNP genotyping tools drive the growth of the Global SNP Genotyping and
Analysis market.
Further, the report
states that though the market has several drivers, the growth of the Global SNP
Genotyping and Analysis market is curtailed by certain challenges. One of the
major challenges is the reimbursement complications for new technologies
including SNP genotyping tools. The existing policies usually do not cover new
technologies.
