Next Generation Sequencing Market to Boom in Near Future by 2025 Oxford Nanopore Technologies, Ltd., Eurofins Scientific, Thermo Fisher Scientific, Beijing Genomics Institute, Agilent Technologies, Qiagen N.V., Macrogen, Inc., and Illumina
The Emergence Of Next Generation Sequencing A Substantial Development In The Field Of Medical Research. We Have A Team Of Research Specialists Who Will Work With You To Identify Precisely The Research You Need And Ensure Its Prompt Delivery, Reducing Your Risk.
The next generation sequencing market is estimated to grow at a CAGR of 21.1% during the forecast period from 2018 to 2025. The next generation sequencing market is estimated to reach US$ 26,501.25 Mn by 2025.
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Next generation sequencing (NGS) is the technology which is used to align millions of small fragments of DNA simultaneously that are capable of processing multiple DNA sequences in parallel. The arrival of rapid DNA sequencing methods has significantly enhanced biological and medical research and discovery. The demand for next generation sequencing technology has been increasing widely due to the rise in genetic tests. The availability of next generation sequencing at low cost, technological advancements and high prevalence of cancer cases during the previous years. Also, the companies operating the next generation sequencing market have been investing substantial time and amount in research and development activities, through which better technologies can be introduced in the market.
In our study, we have segmented the next generation sequencing market by product, service, application and end-users. The products considered in the study are platform, services, and consumables. The platform segment is further segmented as Hiseq, Miseq, Solid, ION Torrent, Pacbio Rs II & Sequel Systems. The sub-segment of services is further divided as sequencing services and data management & analysis services. Consumables is further bifurcated as sample preparation consumables, library preparation & target enrichment kits & reagents, and quality control kits & reagents. The services segment is classified as genome sequencing. Exome sequencing, resequencing & targeted sequencing, and other services. The applications of next generation sequencing covered in the report include, diagnostics, drug discovery, precision medicine, and others. The end-users of next generation sequencing is classified as academic & research institutes, pharmaceutical & biotechnology companies, hospitals & clinics, and others. Geographically, the market for next generation sequencing is categorized as North America, Europe, Asia Pacific (APC), Middle East and Africa (MEA) and South and Central America (S&CAM).
The next generation sequencing market is witnessing a healthy growth rate during the previous years and is expected to witness similar trend in the coming years. The companies operating in the market of next generation sequencing provide their products and services for applications such as drug discovery, diagnosis, and precision medicine. With constant R&D activities, the companies have been focusing towards developing advanced techniques in next generation sequencing that can be useful for end users such as hospitals & clinics, academic institutions, etc. Various players have been upgrading their product portfolio by applying for approvals. With expansion activities, companies are focusing towards strengthening their customer base by providing services to varied applications.
• To track and analyze competitive developments, such as product launches, agreements, partnerships, collaborations, and acquisitions in the global Next Generation Sequencing market.
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
The Next Generation Sequencing Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
According to a new market research study titled Next Generation Sequencing Market - Global Analysis and Forecasts By Type, Application and End User, the global Next Generation Sequencing market is expected to High Growth in 2025. The market is estimated to grow with a CAGR from 2019-2025. The report highlights the trends prevalent in the global Next Generation Sequencing market and the factors driving the market along with those that act as deterrents to its growth.
The qualitative contents for geographical analysis will cover market trends in each Geography and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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Key questions answered in the report include
• What will the market size and the growth rate be in 2025?
• What are the key factors driving the global Next Generation Sequencing market?
• What are the key market trends impacting the growth of the Next Generation Sequencing market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
Major Factors about the Report:
• Global Next Generation Sequencing Market Overview
• Economic Impact on Market
• Market Competition
• Global Next Generation Sequencing Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Market Effect, Factors, Analysis
• Global Market Forecast
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