Global Next Generation Sequencing Market Expected to grow at a CAGR of 18.7% | Thermo Fisher Scientific, F. Hoffmann-La Roche AG, Illumina, Beijing Genomics Institute, Qiagen, Pacific Biosciences of California, Perkinelmer

Global Next Generation Sequencing market is expected to grow at a CAGR of 18.7% during the forecast period. Factors such as growing adoption of sequencing technologies in clinical applications and low cost DNA sequencing are likely to drive the market growth. On the other side, accuracy and standardization issues and lack of skilled labour are inhibiting the market growth. However, rise in personalize medicine and cloud computing are likely to create more opportunities for this market during the forecast period.

Next-generation sequencing enables rapid sequencing and produces millions of DNA and RNA sequences. It is otherwise called as massively parallel sequencing technology used in personalized medicines, clinical applications, animal research and other applications.

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Depending upon the End Users, the Genetic Screening is a method used to provide important information on gene function as well as the molecular events that underlie a biological process or pathway or identify and select for individuals who possess a phenotype of interest in a mutagenized population. It totally depends on the accuracy of the test, the reliability of the interpretation of the results and the ability to treat the condition based on the quality. Apart from these, it can lessen the anxiety of not knowing the possibility of developing a disease and give a tremendous sense of relief.

By geography, North America is expected to surpass the other regions throughout the forecast period due to the support from various government bodies, like NHGRI (National Human Genome Research Institute, US) and fund research on the genome's structure, function, and role in health and disease.

Some of the key players in Next Generation Sequencing market include Thermo Fisher Scientific Inc., F. Hoffmann-La Roche AG, Illumina, Inc., Beijing Genomics Institute, Qiagen N.V., Pacific Biosciences of California, Inc., Perkinelmer, Inc., Agilent Technologies, Inc., Gatc Biotech AG, Oxford Nanopore Technologies, Ltd., Macrogen, Inc., Eurofins Scientific, Myriad Genetics, Bio-Rad Laboratories, Inc., Pieriandx, Roche Holding Ag, Genomatix Gmbh, DNASTAR Inc., Macrogen Inc. and Helicos BioSciences.

Type of Sequencing covered:
-Whole Genome Sequencing
-Targeted Resequencing
-Whole Exome Sequencing
-RNA Sequencing
-CHIP Sequencing
-De Novo Sequencing
-Methyl Sequencing
-Pre-sequencing

Products Covered:
-Instruments
-Reagents & Consumables
-Services
-Platforms

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Applications Covered:
-Reproductive Health
-Oncology
-HLA Typing/Immune System Monitoring
-Metagenomics, Epidemiology & Drug Development
-Agrigenomics & Forensics
-Consumer Genomics
-Clinical Investigation

End Users Covered:
-Hospitals
-Academics
-Biotech and Pharmaceutical Firms
-Next Generation Sequencing Market By Application
-Drug Discovery/Personalized Medicine
-Genetic Screening
-Diagnostics/Infectious Diseases
-Agriculture and Animal Research
-Other End Users
Regions Covered:
-North America
-Europe
-Asia Pacific
-South America
-Middle East & Africa

What our report offers:
-Market share assessments for the regional and country level segments
-Market share analysis of the top industry players
-Strategic recommendations for the new entrants
-Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
-Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
-Strategic recommendations in key business segments based on the market estimations
-Competitive landscaping mapping the key common trends
-Company profiling with detailed strategies, financials, and recent developments
-Supply chain trends mapping the latest technological advancements

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