SNP Genotyping and Analysis Market is Expected to Reach to USD 9.5 Billion Globally by 2019: Transparency Market Research

SNP Genotyping and Analysis Market isSNP Genotyping and Analysis Market is Expected to Reach to USD 9.5 Billion Globally by 2019: Transparency Market Research PR Newswire NEW YORK, October 25, 2013 According to a new market report published by Transparency Market Research "SNP Genotyping and Analysis Market (GeneChips, Taqman Allelic Discrimination, Pyrosequencing, AB SNPlex, Sequenom MassARRAY MALDI-TOF): Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global SNP genotyping and analysis market was valued at USD 2,385.2 million in 2012 and is expected to grow at a CAGR of 21.8% from 2013 to 2019, to reach an estimated value of USD 9,485.2 million by 2019. Browse the full report with complete TOC at http://www.transparencymarketresearch.com/snp-single-nucleotide- polymorphism-market.html SNPs are the most commonly occurring genetic mutations that can be observed in a genome. These are responsible for a person's traits that include strengths and weaknesses. These variations also lead to changes in crop yield, meat and dairy yield among several other factors. The report evaluates the SNP genotyping market which is an aggregate of three facets, instrumentation, reagents or consumables, and services. After the Human Genome Project was concluded a need for faster and cheaper sequencing methods were realized that led to revolutionary changes and eventually ended in vertical drop in sequencing costs.