Press release
NGS Services Market Worth 2,921.4 Million USD by 2023, Leading players Illumina, Qiagen, PerkinElmer, Inc., Macrogen Inc., Genotypic Technology, GENEWIZ, MEDGENOME, Novogene Corporation
According to this latest publication from Meticulous Research™, NGS services market to reach USD 2,921.4 million by 2023, growing at a CAGR of 20.1% during the forecast period of 2018 to 2023. “Plummeting cost of sequencing, growing need of skilled professionals for efficient NGS sample preparation and analysis, technological advancements, increase in genome mapping programs, and high cost of sequencing infrastructure are the major factors driving the growth of NGS services market”, mentions Meticulous Research.The report also notes that, “growing application of NGS technology in cancer and agrigenomics research for the analysis of complex sequencing data and rising demand for personalized medicine provides significant opportunities to NGS service providers.”
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Geographically, North America dominated the global NGS services market in 2017, mainly due to the increasing burden of chronic and infectious diseases, growing R&D expenditure, various government initiatives, and the presence of many services providers in this region.
The key players in the global NGS services market are
Illumina
Qiagen
PerkinElmer, Inc.
Eurofins Scientific SE
GATC Biotech AG
Macrogen Inc.
Genotypic Technology
GENEWIZ
Beijing Genomics Institute
SCIGENOM LABS PRIVATE LIMITED
MEDGENOME
DNA Link
Otogenetics Corporation
Novogene Corporation
LGC Limited
CD Genomics
SeqLL, LLC
Scope of the Report:
Market by Service Type:
Targeted Sequencing
RNA Sequencing
Exome Sequencing
De Novo Sequencing
ChIP-Sequencing
Whole Genome Sequencing
Methyl Sequencing
Other Services
Market by Technology:
Sequencing by Synthesis (SBS)
Ion Semiconductor Sequencing (IOS)
Single Molecule Real Time Sequencing (SMRT)
Nanopore Sequencing
True Single Molecule Sequencing (tSMS)
Market by Application:
Diagnostics
Drug Discovery
Biomarker Discovery
Agriculture & Animal Research
Other Applications
Market by End User:
Academic & Research Institutes
Pharmaceuticals & Biotechnology Industry
Hospitals & Clinics
Other End Users.
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About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Contact us :
Khushal
Email: khushal@meticulousresearch.com
Contact: +1-646-781-8004
Office No-202, 2nd Floor, Pushpak Business Hub, Wakad, Pune-411057
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