Press release
DNA Next Generation Sequencing Market is growing at a revenue of $22,716.9 Million in 2025 with CAGR of 21.7% by Major Industry Players - Thermo Fisher, Qiagen N.V., Beijing Genomics, PerkinElmer, F.Hoffman-La Roche, Agilent Technologies, Eurofins Scienti
DNA sequencing is the method used to determine the specific order of the four nucleotide bases, which form the DNA strand. DNA sequencing played a vital role during the mapping of the human genome, hence providing an important aspect for various basic as well as applied research. In recent days, DNA sequencing is being utilized in the field of pharmacogenomics. In recent years, there has been a decline in the prices of sequencing process, which has fuelled the growth of the DNA next generation sequencing market. For instance, first whole human genome sequencing cost over US$3.7 billion in 2000 and took 13 years for the completion. However, the costs for the same in recent years has reduces to US$1,000 and the process requires less number of days. In 2000, cost for sequencing was US$ 3.7 billion, which dropped down to US$ 10 million in 2006 and declined to US$ 5,000 in 2012. Major DNA next generation sequencing market players such as Illumina and Roche have introduced breakthrough technologies that have enabled in the cost and time reduction in the sequencing.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.
DNA Next Generation Sequencing Market to 2025 - Global Analysis and Forecasts by Product (Platforms, Services, Consumables); Application (Diagnostics, Drug Discovery, Precision Medicine, & Other Applications); & End User (Academic & Research Institutes, Pharmaceutical & Biotechnology Companies, Hospitals Clinics, & Other End Users)
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Prominent Players operating in DNA next generation sequencing market - 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.
Global DNA Next Generation Sequencing Market - By Product
-Consumables
-Services
-Platform
Global DNA Next Generation Sequencing Market - By Application
-Diagnostics
-Drug Discovery
-Precision Medicine
-Other Applications
Global DNA Next Generation Sequencing Market - By End User
-Academic & Research Institutes
-Pharmaceutical & Biotechnology Companies
-Hospitals & Clinics
-Other End Users
Global DNA next generation sequencing Market - By Geography
-North America
-U.S.
-Canada
-Mexico
-Europe
-U.K.
-Germany
-France
-Asia Pacific (APAC)
-Japan
-China
-India
-Middle East & Africa (MEA)
-South Africa
-UAE
-Saudi Arabia
-South & Central America (SCAM)
-Brazil
Browse Complete report at https://www.theinsightpartners.com/reports/dna-next-generation-sequencing-market
TABLE OF CONTENTS
1. INTRODUCTION 38
1.1 SCOPE OF THE STUDY 38
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 38
2. GLOBAL DNA NEXT GENERATION SEQUENCING MARKET – KEY TAKEAWAYS 39
3. GLOBAL DNA NEXT GENERATION SEQUENCING MARKET LANDSCAPE 42
3.1 MARKET OVERVIEW 42
3.2 MARKET SEGMENTATION 42
3.3 GLOBAL DNA NEXT GENERATION SEQUENCING MARKET – BY PRODUCT 43
3.4 GLOBAL DNA NEXT GENERATION SEQUENCING MARKET – BY APPLICATION 43
3.5 GLOBAL DNA NEXT GENERATION SEQUENCING MARKET – BY END USER 44
3.6 GLOBAL DNA NEXT GENERATION SEQUENCING MARKET – BY GEOGRAPHY 44
3.7 PEST ANALYSIS 45
3.7.1 North America PEST Analysis 45
3.7.2 Europe PEST Analysis 47
3.7.3 Asia Pacific PEST Analysis 49
3.7.4 Middle East & Africa PEST Analysis 51
3.7.5 South & Central America PEST Analysis 53
4. GLOBAL DNA NEXT GENERATION SEQUENCING MARKET – KEY MARKET DYNAMICS 55
4.1 KEY MARKET DRIVERS 55
4.1.1 Declining Price of Sequencing 55
4.1.2 Technological Advancements in Sequencing 55
4.1.3 Increasing Prevalence of Cancer 55
4.2 KEY MARKET RESTRAINTS 56
4.2.1 Risks Associated With Genetic Data 56
4.2.2 High Cost of Advanced Technologies 56
4.3 KEY MARKET OPPORTUNITIES 56
4.3.1 Usage of NSG in Biomarker Discovery and Precision Medicine 56
4.3.2 Training Programs 57
4.4 KEY MARKET CHALLENGE 57
4.4.1 Lack of Skilled Professionals 57
4.5 FUTURE TRENDS 57
4.5.1 Adoption of Real-Time PCR Systems 57
4.6 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS 58
5. DNA NEXT GENERATION SEQUENCING MARKET – GLOBAL ANALYSIS 59
5.1 GLOBAL DNA NEXT GENERATION SEQUENCING MARKET FORECASTS AND ANALYSIS 59
5.2 GLOBAL DNA NEXT GENERATION SEQUENCING MARKET , BY GOGRAPHY - FORECASTS AND ANALYSIS 60
5.3 MARKET SHARE ANALYSIS 61
5.4 PERFORMANCE OF KEY PLAYERS 61
5.4.1 Illumina, Inc. 61
5.4.2 Thermo Fisher Scientific, Inc. 62
5.5 EXPERT OPINION 62
5.6 CLINICAL TRIALS ANALYSIS 63
5.6.1 Clinical Trials Analysis 64
5.6.2 Phase II Clinical Trails 64
5.6.3 Phase III Clinical Trails 67
5.6.4 Phase IV Clinical Trails 68
Have More Questions? Ask us at https://www.theinsightpartners.com/inquiry/TIPRE00002934
Lastly, this report covers the market scene and its development prospects over the coming years, the Report likewise short manages the item life cycle, contrasting it with the significant items from crosswise over ventures that had just been popularized points of interest the potential for different applications, examining about late item advancements and gives a diagram on potential territorial pieces of the pie.
About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. `
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Phone : +1-646-491-9876
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