Next Generation Sequencing (NGS) Market 2019-2025 Industry Size, Overview, Demand, Technology, Growth Strategy by Top Key Players are lllumina, Inc., Thermo Fisher Scientific, Inc., Pacific Biosciences of California, Inc., BGI, PerkinElmer, Agilent Techno

The Global Next-Generation Sequencing (NGS) Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of XX% by 2025. Advancements in NGS platforms, declining NGS capital cost coupled with the decreasing cost of sequencing, and improving regulatory & reimbursement scenario for NGS-based diagnostic tests are the key factors driving the growth of the NGS market.

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 next generation sequencing market growth.

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The complications associated with data storage and lack of skilled professional are some of the factors which may hamper growth to an extent.

The utilization of cloud computing in NGS for data management and untapped emerging economies are expected to provide new market opportunities to next generation sequencing manufacturers in the near future.

On the basis of application, the next-generation sequencing market is segmented into diagnostics, drug discovery, agricultural & animal research, and other applications. The diagnostics segment is expected to register the highest growth rate during the forecast period. Growth in this segment is attributed to the growing number of new cancer cases across the globe, favorable reimbursement scenario for NGS-based tests in the US

Based on product, the market is segmented into consumables, platforms, and services.

North America is expected to account for the largest share of the NGS market in 2018, followed by Europe. The large share of North America is attributed to the increasing application of NGS in diagnostics and genomics research, development of NGS data analysis solutions, and availability of research funding in the region.

Some of the key players operating in this market include Illumina, Inc. (US), Thermo Fisher Scientific, Inc. (US), Pacific Biosciences of California, Inc. (US), BGI (China), PerkinElmer (US), Agilent Technologies (US), QIAGEN N. V. (Germany), Macrogen Inc. (South Korea), Oxford Nanopore Technologies, Ltd. (UK), and Eurofins Scientific (Luxembourg).

Key Benefits of the Report:
* Global, Regional, Country, Application, and PRODUCT Market Size and Forecast from 2014-2025
* Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
* Identification of key companies that can influence this market on a global and regional scale
* Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
* Detailed insights on emerging regions, Application & Product, and competitive landscape with qualitative and quantitative information and facts.

Global Next-Generation Sequencing (NGS) Industry 2019 Market Research Report is spread across 121 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

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Target Audience:

* Next-Generation Sequencing (NGS) providers
* Traders, Importer and Exporter
* Raw material suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies.

Research Methodology
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.

For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics, capacity Types, spending were taken into consideration.

We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the
Key Industry Participants (KIPs) which typically include:
* Original Equipment Manufacturer
* Component Supplier
* Distributors
* Government Body & Associations, and
* Research Institute

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TABLE OF CONTENT

1 Executive Summary
2 Methodology And Market Scope
3 Next-Generation Sequencing (NGS) Market — Industry Outlook
4 Next-Generation Sequencing (NGS) Market By Product Type
5 Next-Generation Sequencing (NGS) Market Application Type
6 Next-Generation Sequencing (NGS) Market Regional
7 Competitive Landscape
End Of The Report
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