ANALYSIS OF RUSSIAN GENOMIC SEQUENCING MARKET

Abstract

Purpose: to determine the size of genomic sequencing market volume, identify the main participants and trends in Russia. Discussion: the Russian genomic sequencing market increases annually on average by 15%. At the same time the market volume is estimated at more than 2.5 bln rubles. The equipment market is the main segment, the volume of consumables market is very small and does not correspond to the number of installed high-efficiency equipment (over 120 pcs of equipment). The authors made good use of open sources and databases as SPARK as well as special sell & purchases databases to discover the matter. Results: we presented theoretical potential market development, constrained primarily due to the bulk of equipment downtime due to rapid obsolescence. We may define that significant excess of supply over demand caused objective difficulties of using the latest technologies: lack of well-trained personnel; genomic techniques are mostly still low-integrated in medical diagnostics; there’re not sufficient funds for whole life-cycle support and supplies.