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Global Next-Generation Sequencing (NGS) Market 2018 Top Vendors are Illumina, Thermo Fisher Scientific, Pacific Biosciences, QIAGEN, BGI, Oxford Nanopore Technologies Ltd, PerkinElmer, Inc., GATC, Agilent Technologies, Roche, Macrogen Inc, Eurofins

10-24-2018 02:06 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Next Generation Sequencing (NGS) Market – Industry Trends and Forecast to 2024

Global Next Generation Sequencing (NGS) Market – Industry Trends and Forecast to 2024

According to the Next-Generation Sequencing (NGS) Market report, the global market is expected to witness a relatively higher growth rate during the forecast period. The Report also calculate the market size, the report considers the revenue generated from the sales of this Report and technologies by various application segments. The Next-Generation Sequencing (NGS) Market Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments. The report provides key statistics on the market status of Global and Regional Next-Generation Sequencing (NGS) Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

Global Next-Generation Sequencing (NGS) Market accounted to USD 13.51 billion by 2022 growing at a CAGR of 22.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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The Global Next-Generation Sequencing (NGS) Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Global Next-Generation Sequencing (NGS) Market for global, Europe, North America, Asia Pacific and South America.

Global Next Generation Sequencing (NGS) Market By Product (Instruments (Hiseq series, Miseq series, ION Torrent, SOLiD, Pacbio Rs II and Sequel system), Consumables (Sample preparation consumables, Other), Services (Sequencing services, Data management services), by Application (Diagnostics, Drug Discovery , Biomarker Discovery , Precision Medicine , Agriculture & Animal Research), by End-user (Hospitals & Clinics, Research Centers and Academic & Government Institutes, and Pharmaceutical & Biotechnology Companies), by Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Major Market Competitors:

• Illumina, Inc.,
• Thermo Fisher Scientific Inc.,
• Pacific Biosciences of California, Inc.,
• QIAGEN,
• BGI,
• Oxford Nanopore Technologies,
• PerkinElmer, Inc.,
• GATC Biotech AG,
• Agilent Technologies,
• F. Hoffmann-La Roche Ltd,
• Macrogen, Inc.,
• Eurofins Scientific,
• Biomatters Limited,
• Genomatix GmbH,
• PierianDx, Myriad Genetics, Inc.,
• Partek Incorporated,
• DNASTAR, Inc.,
• New England Biolabs
• Among others.

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Table of Contents:

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports

Major Market Drivers and Restraints:

• Advanced technology in NGS platforms and increased applications of NGS.

• Increased in adoption of NGS among research laboratories and academic institutes.

• Efficient speed, cost, and accuracy of the technology.

• Drug discovery applications in NGS technology are some of the factors which drives the market.

• R&D investments are another factor to grow the market.

• Lack of skilled technicians.

• Accuracy and uniformity concerns in diagnostics testing limits the growth of market.

• Interpretation of complex data and issues regarding storage of sequencing data hinders the market.

• Legal and ethical issues are the challenge in the growing market.

• Emerging markets are proving the new opportunities in the growth of the market.

• Application of NGS in precision medicines & Biomarker discovery.

Research objectives

• To perceive the most influencing pivoting and hindering forces in Next Generation Sequencing (NGS) Market and its footprint in the international market.

• Learn about the market policies that are being endorsed by ruling respective organizations.

• To gain a perceptive survey of the market and have an extensive interpretation of the Next Generation Sequencing (NGS) Market and its materialistic landscape.

• To understand the structure of Next Generation Sequencing (NGS) Market by identifying its various sub segments.

• Focuses on the key global Next Generation Sequencing (NGS) Market players, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

• To project the consumption of Next Generation Sequencing (NGS) Market submarkets, with respect to key regions (along with their respective key countries).

• To strategically profile the key players and comprehensively analyze their growth strategies

• To analyze the Next Generation Sequencing (NGS) Market with respect to individual growth trends, future prospects, and their contribution to the total market.

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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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