Press release
DNA Next Generation Sequencing Market Outlook to 2025 - F.Hoffman-La Roche, Eurofins Scientific, Oxford Nanopore Technologies, Macrogen, Illumina, Thermo Fisher, Qiagen, Beijing Genomics Institute, PerkinElmer and Agilent Technologies
According to a new market research study titled DNA Next Generation Sequencing Market - Global Analysis and Forecasts By Product, Application and End User, the global DNA next generation sequencing market is expected to reach US$ 22,716.9 Mn in 2025 from US$ 4,898.5 Mn in 2017. The market is estimated to grow with a CAGR of 21.7% from 2018-2025. The report highlights the trends prevalent in the global DNA next generation sequencing market and the factors driving the market along with those that act as deterrents to its growth.Consumables are driving the market for DNA next generation sequencing over the forecast period, in the product segment
Key factors driving the growth of DNA next generation sequencing market are, increase in cancer prevalence, rise in funds and grants, focus of industry players and various meetings, conferences, workshops The report would be of an interest to various stakeholders operating in the DNA next generation sequencing market.
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Some of the prominent players operating in DNA next generation sequencing market are, Illumina, Inc., Thermo Fisher Scientific, Inc., Qiagen N.V., Beijing Genomics Institute, Perkinelmer, Inc., F. Hoffmann-La Roche AG, Agilent Technologies, Eurofins Scientific, Oxford Nanopore Technologies, and Macrogen, Inc. among others.
The objective of the study is to describe, define, and forecast the DNA next generation sequencing market by product, application, end user, and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall DNA next generation sequencing market.
Global DNA next generation sequencing market, based on the product was segmented as, platforms, services and consumables. In 2017, the consumables segment held the largest share of the market, by product. The segment is also expected to witness growth at a significant rate during the forecast period, as they are being used at numerous stages of DNA sequencing, which include sample generation, storing the samples and its purification, preparation of the library and quantification, and PCR amplification.
The report analyzes factors affecting market from both demand and supply side and further evaluates DNA next generation sequencing market dynamics effecting the DNA next generation sequencing market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
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- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the DNA next generation sequencing market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global DNA next generation sequencing market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.
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