DUBLIN, March 6, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/flfsnl/snp_genotyping) have announced the addition of the "Concise Analysis of the International SNP Genotyping and Analysis Market - Forecasts to 2019" report to their offering. 

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SNP genotyping and analysis is used mainly as a research tool to identify genomic variations that lead to different morphological traits and can determine the health and ancestry of plants and animals. The growth of the market is attributed mainly to the increasing demand from diagnostic research, pharmacogenomics and animal breeding along with technological drivers such as reducing cost of sequencing and introduction of innovative technologies. There is an increasing opportunity in developing and developed countries for genotyping services which will be within the reach of a common man and that will represent several billion dollars' worth of business since people want to understand their genetic make-up in terms of aesthetic awareness (height, weight, obesity) or for serious diseases (diabetes, cancer, cardiovascular and others). 

The market products are internally affected by power of substitution since there are around 8 to 10 different efficient techniques to carry out SNP genotyping such as TaqMan, SNPlex, Microarray, MALDI-TOF etc. With the completion of the Human Genome Project, over 2 million SNP's have been added to global databases which in turn have initiated a series of research and development projects to understand potential of developing diagnostic tests through rapid genotyping techniques. A considerable amount of revenue is spent on research to developing diagnostic products similar to companion diagnostics which would enable to give us a preview of how a genome would unfold as an individual grows older. 

There is a high intensity of research in food crops such as rice, wheat, oats, corn, maize and other grasses. SNP genotyping in agriculture gained acceptance long before other applications. The GeneChip Rice 44K array offered by Affymetrix is one of the most popular platforms for rice genotyping which identifies variants that impact yield. Fluidigm's SNPtype assays have been utilized by International Rice Research Institute which holds the world's largest ex-situ collection of rice germplasm and plays a very large role in maintaining this repository.

Key Topics Covered: 

1 Introduction

2 Executive Summary

3 Market Overview: Global SNP Genotyping & Analysis Market

4 Global SNP Genotyping & Analysis Market, by Technologies, 2011 - 2019 (USD Million)

5 Global SNP Genotyping and Analysis Market, by Applications, 2011 - 2019 (USD Million)

6 Global SNP Genotyping and Analysis Market, by Geography, 2011 - 2019 (USD Million)

7 Competitive Landscape

8 Company Profiles

Companies Mentioned:

• Affymetrix, Inc
• Douglas Scientific LLC
• Fluidigm
• Illumina, Inc
• Life Technologies Corporation
• PREMIER Biosoft
• Sequenom, Inc
• ThermoFisher Scientific

For more information visit http://www.researchandmarkets.com/research/flfsnl/snp_genotyping

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets