More Than $4.5 Billion Spent to Understand Human Gene Function

According to a report from Research and Markets, it is estimated that over US$4.5 billion was spent worldwide in 2003 on industrial and academic research to understand human gene function. This report describes the worldwide market for DNA sequencing and analysis products, which consists of reagents, assays and other consumables. The fastest growing category of custom laboratory services is qualitative PCR services.

The purpose of this report is to describe the specific market segment of the in life sciences market DNA sequencing. This report includes all of the generally accepted DNA oriented analytical activities that are currently used today. It examines these measurement technology platforms and their reagents and supplies as utilised in research, biotech, pharmaceutical and health care.