Global Next Generation Sequencing Market is anticipated to shoot off by the end of 2022 :Top keyplayers are Illumina Inc.,Thermo Fisher Scientific ,Hoffmann-La Roche Ltd,Pacific Biosciences ,Agilent Technologies ,BGI (Beijing Genomics Institute) ,Qiagen,B

Description

Next generation sequencing is a DNA sequencing technology that has taken genomic research to the next level. Due to its ability to sequence DNA, NGS technologies have drawn eyes in scientific research. An entire human genome can be sequenced within a single day. On the other hand, the previous technologies used to take about a decade to prepare the final result. This market was valued at X in the year X and is expected to grow to X at an annual growth rate of X per cent. It is expected to reach a valuation of X after the forecast period.

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Market Dynamics

Technological advancements in the field of Next Generation Sequencing has brought the cost of DNA sequencing down by a significant amount. The increasing uptake of NGS in research laboratories. These are the factors that help in the growth of the market.
However, the quickness of the process can sometimes interfere with its accuracy. Legal issues stand as a roadblock. Interpreting complex data is a huge challenge. Lack of skilled professionals hampers the growth of the market.

Market Segmentation

The global next generation sequencing market is segmented into application, technology, products, end users and geography.

On the basis of application the market is classified into:
Personalized medicine
Genetic screening
Agricultural and animal research

Technology partitions the market into the following:
Whole genome sequencing
Targeted resequencing
Chip sequencing
Whole exome sequencing
Methyl sequencing
De Novo sequencing

When it comes to products, the market gets segmented into the following:
Instruments
Consumables and services
Reagents

End users vary into the following:
Hospitals
Research labs
Pharmaceutical firms

Geography also segments the market into the following
North America
Latin America
Middle East
Europe
Asia Pacific

Geographical Analysis

North America has the largest share in the market followed by Europe. This is because of increased investment in Research and Development. The increasing awareness regarding the investment in healthcare is a major reason for this lead. The Asia Pacific region is one of the fastest growing markets with increasing funding and availability of qualified personnel. Also the countries in this region have less strict rules and regulations. Many business friendly policies have been introduced in these countries which has also improved the FDI scenario in the region. These are major reasons why the Asia Pacific region is seen as the next big thing in the market.

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Key Players

Some of the key players in the market are:
Illumina Inc. (U.S.)
Thermo Fisher Scientific (U.S.)
Hoffmann-La Roche Ltd (Switzerland)
Pacific Biosciences (U.S.)
Agilent Technologies (U.S.)
BGI (Beijing Genomics Institute) (China)
Qiagen (The Netherlands)
Biomatters Ltd (New Zealand)
Genomatix Software GmbH (Germany)

Report Contents Regional Analysis Report Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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