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The development prospects of the gene sequencing industry, and is the industry threshold high?
The prospects are good. According to the "2016-2021 China Gene Sequencing Industry Market Prospects and Investment Strategic Planning Report" of the Qianzhan Industry Research Institute, my country's DNA sequencing market has developed rapidly in recent years, with BGI as the leading company. Leading sequencing companies have all achieved compound growth of more than 100%; in the four years from 2007 to 2010, my country's DNA sequencing revenue grew at a rate of 200% per year, reaching 360 million yuan in 2009 and exceeding 700 million yuan in 2010.
According to the "Global DNA Sequencing Industry Business Model and Investment Forecast Analysis Report" of the Qianzhan Industry Research Institute, in 2012, the total annual sales of BGI's genetic technology services were 1.105 billion yuan, of which domestic business was approximately About 750 million yuan. Based on BGI’s business accounting for about 70% of the country’s total, my country’s DNA sequencing scale (service products) in 2012 was about 1.1 billion yuan.
Under the wave of commercialization of DNA sequencing, my country's "Twelfth Five-Year Plan for Bioindustry Development" proposes to complete the genome sequencing of 10,000 species of microorganisms, 100 species of animals and plants, and discover about 500 new functional genes, Transform and apply more than 5 genes or proteins with significant economic value. Based on the cost of sequencing the "complete genome" of each microorganism at 300,000-500,000 yuan, the market capacity brought by DNA sequencing reaches 100 billion yuan. This is just the tip of the iceberg of the DNA sequencing commercial application market.
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