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What's driving the Next-generation Sequencing Market Growth? Prominent Players: Illumina, Thermo Fisher Scientific, Roche, Agilent Technologies, QIAGEN, BGI, PerkinElmer Inc., Eurofins Scientific, Macrogen, Inc., PierianDx, Others

05-28-2020 07:30 PM CET | Health & Medicine

Press release from: Fortune Business Insights Pvt. Ltd.

What's driving the Next-generation Sequencing Market Growth?

The Global Next-Generation Sequencing Market is forecast to exhibit a remarkable CAGR as the next-generation sequencing platform allows effective sequencing of millions of DNA molecules. Fortune Business Insights in a new report, titled "Next-Generation Sequencing: Global Market Analysis, Insights and Forecast, 2019-2026" offers a detailed analysis of the competitive landscape and market dynamics.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/next-generation-sequencing-ngs-market-101000
As per the report, the global Next-Generation Sequencing Market is expected to rise at a ferocious CAGR of 22.2% between 2018 and 2026. In 2018, the market was worth US$ 6,335.2 Mn and the Next-Generation Sequencing Market will be a howling success as it is projected to reach US$ 31,411.3 Mn by 2026. The demand for next-generation sequencing methodologies is increasing rapidly across several applications such as diagnostics, clinical research among others.
Report Highlights:
o Detailed Historical Overview
o Consumer and Pricing Analysis
o Market Dynamics of the Industry
o In-depth Market Segmentation
o Historical and Projected Market Sizing in Terms of Value
o Recent Market Trends and Impact Factors
o R&D Status and Technology Overview
o Extensive Industry Structure Coverage
Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/next-generation-sequencing-ngs-market-101000

Key Companies and Manufacturers Covered:
The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight.
o Illumina
o Thermo Fisher Scientific
o Roche
o Agilent Technologies
o QIAGEN
o BGI
o PerkinElmer Inc.
o Eurofins Scientific
o Macrogen, Inc.
o PierianDx

Demand for Next-Generation Sequencing Market to Rising at a High Pace
Next-generation sequencing products encompass instruments, consumables, and software. According to the findings from the report, the next-generation sequencing product segment is anticipated to lead the market over the forecast period. This is ascribable to some primary factors such as new product launches, high usage of consumables, and easy availability. Apart from next-generation sequencing products, next-generation sequencing services are expected to grow at a higher CAGR during the forecast period.
The need for novel platforms regarding advancements in bioinformatics and fast DNA data interpretation are paving the way for start-ups, especially for next-generation sequencing services. With the introduction of next-generation sequencing, the cost of sequencing has reduced over the years.

Saphetor SA and Swift Biosciences Inc.'s Partnership Aims to Target Next-Generation Sequencing Panels
Strategic partnerships and new product launches are increasingly adopted by companies as these help them to maintain their position in the market. Some of the industry developments are mentioned below:
o PierianDx joined hands with Illumina, Inc. in January 2019, to fulfil the needs of customers by offering informatics services for Illumina's oncology products. This will further support cancer diagnostics and research.
o Saphetor SA partners with Swift Biosciences Inc. in June 2019. The partnership aims at standardizing and accelerating data interpretation solutions for next-generation sequencing panels.
o Agilent Technologies, Inc. announces the launch of a next-generation sequencing solution called Agilent OnePGT in June 2018. This solution aims at offering Preimplantation Genetic Testing (PGT).
Detailed Table of Content:

o Introduction
o Research Scope
o Market Segmentation
o Research Methodology
o Definitions and Assumptions
o Executive Summary
o Market Dynamics
o Market Drivers
o Market Restraints
o Market Opportunities
o Key Insights
o Overview of Next-Generation Sequencing Diagnostics Test
o Regulatory Scenario - For Key Countries
o New Product Launch
o Startups with their Funding Overview
o Key industry Developments - Mergers, Acquisitions and Partnerships
o Global Next-Generation Sequencing (NGS) Market Analysis, Insights and Forecast, 2015-2026
o Key Findings / Summary
o Market Analysis, Insights and Forecast - By Type
? Products
o Instruments & Software
o Consumables
? Services
o Market Analysis, Insights and Forecast - By Application
? Diagnostics
? Research
? Others
o Market Analysis, Insights and Forecast - By End User
? Research Institutes
? Healthcare Facilities & Diagnostic Centers
? Pharmaceutical & Biotechnological Companies
? Contract Research Organization (CROs)
o Market Analysis, Insights and Forecast - By Region
? North America
? Europe
? Asia Pacific
? Latin America
? Middle East & Africa

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/next-generation-sequencing-ngs-market-101000

KEY QUESTIONS ANSWERED:

o What are the key technological and Next Generation Sequencing Market trends shaping the market?
o What are the key opportunities in the market?
o What are the key companies operating in the market?
o Which company accounted for the highest market share?
o Why Choose Fortune Business Insights?
o What is the market size and growth rate of the global and regional market by various segments?
o What is the market size and growth rate of the market for selective countries?
o Which region or sub-segment is expected to drive the market in the forecast period?
o What Factors are estimated to drive and restrain the Next Generation Sequencing Market growth?

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact Us:
Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

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