Press release
Next Generation Sequencing (NGS) Market 2019: Market Value Will Grow Upto 21.36 Bn and 18% of CAGR by 2026| Top Players: Medtronic, GE Healthcare, Johnson & Johnson, Omron Corporation, Philips Healthcare and more…
Global Next Generation Sequencing (NGS) Market AnalysisThe Global Next Generation Sequencing (NGS) Market was valued at USD 5.48 Billion in 2018 and is projected to reach USD 21.36 Billion by 2026, growing at a CAGR of 18.43% from 2019 to 2026.
What is Next Generation Sequencing (NGS)?
Next Generation Sequencing (NGS) also referred as high-throughput sequencing involves application of various technologies for sequencing the nucleotides of human genomes. This method utilizes DNA sequencing technologies that are capable of processing multiple DNA sequences in parallel. Apart from sequencing, it is also useful in identifying rare genetic mutations & variations, analyzing gene expression and discovering cancer causing genetic mutations and many others. NGS technology is also helpful for the researchers to define the genomes of pathogens that may contain details about drug sensitivities, and is used to track the outbreaks.
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Following Top Companies are mentioned in this Next Generation Sequencing (NGS) Market Report:
Surmodics, Inc., Royal DSM, Hydromer Inc., Covalon Technologies Ltd., AST Products, Inc., Abbott, and Precision Coating Company, Inc etc.
Global Next Generation Sequencing (NGS) Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the Next Generation Sequencing (NGS) Market.
Technological Advancements in Next Generation Sequencing (NGS) Platforms such as ISEQ, Ion Genestudio S5 etc., and growing application of NGS in healthcare sector along with enhanced regulatory & reimbursement scenario for NGS-based diagnostic tests have been boosting the market. On the contrary, lacking skilled professional, ethical & legal constraints and standardization concerns in NGS diagnostics might restraint the growth of the market
Next Generation Sequencing (NGS) Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Next Generation Sequencing (NGS) Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
The Scope of the Report:
Top Key Players Analysis of Next Generation Sequencing (NGS) Market:
Surmodics, Inc., Royal DSM, Hydromer Inc., Covalon Technologies Ltd., AST Products, Inc., Abbott, and Precision Coating Company, Inc. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Next Generation Sequencing (NGS) Market, By Product
Pills, Powders, Others
Global Next Generation Sequencing (NGS) Market, By Application
Chronic kidney diseases, Minimal hepatic encephalopathy, Chemotherapy induced diarrhea, Pathogen related infections, Diabetic neuropathy, ADHD, Others
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the Next Generation Sequencing (NGS) Market based on segmentation involving both economic as well as non-economic factors.
• Provision of market value (USD Billion) data for each segment and sub-segment.
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the Next Generation Sequencing (NGS) Market.
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled.
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major Next Generation Sequencing (NGS) Market players.
• The current as well as future Next Generation Sequencing (NGS) Market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis.
• Provides insight into the Next Generation Sequencing (NGS) Market through Value Chain.
• Market dynamics scenario, along with growth opportunities of the market in the years to come.
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Complete PDF Guide to NGS Sample Preparation
The NGS sample preparations determine components in the samples, such as blood, urine, and others, in animals.
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The type of analyzers includes urine analyzers, blood gas & electrolyte analyzers, glucometers, and others used by medical labs, hospitals, and people at home.
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