NGS Services Market Trends Analysis to 2023 - Eurofins Genomics, Genome Life Sciences, Mina Group, Macrogen Inc., Microsynth AG

Next Generation Sequencing (NGS) involves massively parallel sequencing of millions of DNA fragments, providing vast amounts of data quickly and at an affordable cost. This enables in-depth analysis of entire genomes at unprecedented levels, allowing researchers to explore questions/hypotheses that previously would have required years to answer. The driving factors of the European NGS services market are faster and cost-efficient sequencing, rising preference of NGS over other platforms, and rising prevalence of inherited diseases.

In addition, application of genomics in drug discovery, growing prevalence of cancer & other malignant diseases, and partnerships among companies, R&D centers, and universities supplement growth. However, the factors hindering the growth of the market are reliability on grants and funding from the government and decrease in capital expenditure from academic institutions. Technological advancements opened new opportunities in the market.

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In this report, Research for Markets covers the present scenario (with the base year being 2017) and the growth prospects of global NGS Services market for 2018-2023. This report presents a comprehensive overview, market shares, and growth opportunities of NGS Services market by product type, application, key manufacturers and key regions.

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Beijing Genomics Institute (BGI), Cegat (Centre for Genomics and Transcriptomics) GMBH, DNA Vision SA, Eurofins Genomics Inc., Febit / Comprehensive Biomarker Center GMBH (CBC), Genomnia SRL, Mina Inc., Macrogen Inc., Microsynth AG, Seqomics and Source Bio Science.

This study considers the NGS Services value and volume generated from the sales of the following segments:

Segmentation by product type:

• SBS
• Ion Semiconductor
• SBL
• Pyro-Sequencing
• SMRT

Segmentation by application:

• Oncology
• Lung cancer
• Breast cancer
• Prostate cancer
• Colorectal cancer
• Others

This report also splits the market by region:

• Americas
• APAC
• Europe
• Middle East & Africa

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Report Analysis:

· To analyze the market size of the market and infer the key trends from it.

· Comprehensive quantitative analysis of the industry is provided for the period of 2016-2023 to assist stakeholders to capitalize on the prevailing market opportunities.

· Industry Chain Suppliers of NGS Services market with Contact Information

· To inspect the market based on product, market share and size of the product share.

· Industry Chain Suppliers of NGS Services market with Contact Information

· The key findings and recommendations highlight crucial progressive industry trends in the NGS Services Market, thereby allowing players to develop effective long term strategies

Research objectives

• To study and analyze the global NGS Services consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

• To understand the structure of NGS Services market by identifying its various subsegments.

• Focuses on the key global NGS Services manufacturers, 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 the NGS Services with respect to individual growth trends, future prospects, and their contribution to the total 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 NGS Services submarkets, with respect to key regions (along with their respective key countries).

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

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

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This release was published on openPR.