Next Generation Sequencing Market Outlook 2022 with Key Players - Roche Holding Ag, Qiagen N.V., Knome, Perkinelmer, Partek, Pacific Biosciences, Oxford Nanopore Technologies, Macrogen, Life Technologies Corporation

NGS is a technology in which millions and billions of DNA strands can be sequenced through massive parallelization. This technique is also known as high throughput sequencing. NGS minimizes the requirement for fragment-cloning methods used in Sanger sequencing of genomes. Low cost, high accuracy and speed, and precise results even from low sample input are the main advantages NGS offers over Sanger’s sequencing method.

NGS is used to execute various applications such as biomarker discovery, oncology studies, personalized medicine, agricultural & animal research, and others. NGS has streamlined nucleotide analysis and has widely replaced conventional tools of genomics, especially microarray efficiently. The demand for NGS has increased significantly owing to surge in NGS applications and rise in technological advancements in NGS. In addition, the growth in number of genome mapping programs throughout the world and increase in R&D investment drives the market growth.

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Next Generation Sequencing market is estimated at $3.41 billion in 2015 and is expected to reach $13.50 billion by 2022 growing at a CAGR of 21.73% from 2015 to 2022. The growing adoption of sequencing technologies in clinical applications and low cost DNA sequencing are likely to drive the market growth. However, factors such as accuracy and standardization issues and lack of skilled labor are inhibiting the market growth. The rise in personalize medicine and cloud computing are likely to create more opportunities for this market during the forecast period.

Some of the key players in the market include Roche Holding Ag, Qiagen N.V., Knome, Inc., Perkinelmer, Inc., Partek, Inc., Pacific Biosciences, Oxford Nanopore Technologies, Ltd., Macrogen Inc., Life Technologies Corporation, Illumina, Inc., Genomatix Software GmbH, GATC Biotech Ag., Eurofins Scientific, DNASTAR Inc., Biomatters, Ltd., Beijing Genomics Institute and Agilent Technologies, Inc.

In technology, sequencing by synthesis (SBS) segment is anticipated to move with a highest CAGR during forecast period. Diagnostics in application segment holds the largest share and is expected to grow at highest CAGR during forecast period. Research institutions held the largest market share in end user segment. North America dominates the global next generation sequencing market followed by Europe owing to rising government support towards research and development. Asia pacific is expected to grow at a faster rate during the forecast period due to the unmet market demand and increasing investments for development of healthcare.

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Next Generation Sequencing Platforms Covered:
- Sequencing Services
o Exome Sequencing
o Methyl- Sequencing
o Targeted Re-Sequencing
o Whole-Genome Sequencing
o De Novo Sequencing
o Chip- Sequencing
o RNA- Sequencing
o Other Sequencing Services
- Sequencing Platforms
o Thermo Fisher Scientific (Life Technologies)
- ION S5 & S5 Xl
- ION PGM
- ION Proton
o Pacific Biosciences
o Illumina
o Other Sequencing Platforms

Next Generation Sequencing Technologies Covered:
- Sequencing By Ligation (SBL)
- Single-Molecule Real-Time Sequencing (SMRT)
- Sequencing By Synthesis (SBS)
- Pyrosequencing
- ION Semiconductor Sequencing
- Other Technologies

Next Generation Sequencing End Users Covered:
- Hospitals and clinics
- Biotech & Pharma Firms
- Research institutions
- Other End Users

Next Generation Sequencing Applications Covered:
- Personalized medicines
- Drug Discovery
- Diagnostics
- Agriculture & Animal Research
- Prenatal Testing
- Biomarker Discovery
- HLA Testing
- Infectious Diseases
- Genetic Screening
- Oncology
- Idiopathic Diseases
- Other Applications

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