Global Next-Generation Sequencing (NGS) Market is registering a healthy CAGR of 19.60 in the forecast period of 2019-2026

This Global Next-Generation Sequencing (NGS) Market research report focuses on the market and delivers a detailed analysis of the market and future prospects of the global market. The critical and significant data in the study makes the research a very vital tool for the experts and analysts and managers to get ready to access analysis by the industry professionals. The Global Next-Generation Sequencing (NGS) Market report provides a complete analysis of the global market size data and development forecast from 2019-2026. This Global Next-Generation Sequencing (NGS) Market report also includes complete information of main manufacturers /suppliers of the market around the world.

Global Next-Generation Sequencing (NGS) Market is registering a healthy CAGR of 19.60 in the forecast period of 2019-2026. This rise in the market can be attributed to the continuous advancement in NGS technology and upsurge in applications of NGS.

Key Market Competitors:

Few of the major market competitors currently working in the global next generation sequencing (NGS) market are Illumina, Inc., BGI, Eurofins Scientific, PerkinElmer Inc., Macrogen Inc., DNA Link, Inc., Genotypic Technology Pvt Ltd, WuXi AppTec, GENEWIZ, Takara Bio Inc., SciGenom Labs Pvt. Ltd, Theragen Etex Co., Ltd., LGC Biosearch Technologies, Oxford Gene Technology, Sysmex Inostics, Zymo Research, Source BioScience, Novogene Corporation, among others.

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Competitive Analysis:

Global next generation sequencing (NGS) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of next generation sequencing (NGS) market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Segmentation:-

Global Next-Generation Sequencing (NGS) Market By Product & Service (Pre-Sequencing Products & Services, NGS Consumables, Platforms, & Services for Platforms, Sequencing Services, NGS Data Analysis, Storage, and Management), Technology (Sequencing By Synthesis, Ion Semiconductor Sequencing, Single-Molecule Real-Time Sequencing, Nanopore Sequencing, Other Sequencing Technologies), Application (Diagnostics, Drug Discovery, Agricultural & Animal Research, Other Applications), End User (Academic Institutes & Research Centers, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Other End Users), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Definition:

NGS means next-generation sequencing; it is also known as massively parallel sequencing technology. NGS allows researchers to research on various applications including speed, scalability, and ultra-high throughput and also study biological systems at a next level. NGS allows researchers to rapidly sequence whole genomes.

Market Drivers

Continuous technological advancement in NGS platform is driving the market growth
Reducing price of NGS installation is another factor helping in market growth
Proper reimbursement and improving regulatory scenario are flourishing the market growth
Upsurge in applications of next generation sequencing drives the growth of the market

Market Restraints

Less number of skilled personnel hinders the market growth
Rising concern about standardization of NGS based diagnostics hampers the market growth
Legal and ethical restrictions will act as market restraints

Table Of Content: Next Generation Sequencing

Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Next Generation Sequencing
Part 04: Global Next Generation Sequencing Market Sizing
Part 05: Global Next Generation Sequencing Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

Continue…

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Key Developments in the Market:

In July 2019, Biodesix, Inc. and Thermo Fisher Scientific have entered into an agreement to provide next-generation sequencing assay for blood-based companion diagnostic solutions in cancer. It is yet to be approved by Food and Drug Administration of the U.S. This agreement will help cancer patient by focusing on NGS-based solution.
In June 2019, Agendia declared the open access study validating use of MammaPrint and BluePrint molecular diagnostics using next-generation sequencing technology for targeted RNA. This will help to understand the complexities of early stage breast cancer and treatment strategies.

Reasons to Purchase this Report

Current and future of global next generation sequencing (NGS) market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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