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Next Generation Sequencing (NGS) Market (COVID-19 Impact Analysis) - Size, Share, Trends, Profitable Segments Breakdown and Detailed Analysis of Current and Future Industry Figures till 2026

09-18-2020 08:24 PM CET | Health & Medicine

Press release from: Data Bridge Market Research Pvt. Ltd.

Next Generation Sequencing (NGS) Market

Next Generation Sequencing (NGS) Market

With this Next Generation Sequencing (NGS) Market research report, insights and realities of the Healthcare industry can be focused which helps keep the business on the right track. The report contains remarkable market data, present market trends, product consumption, environment, technological innovation, future prospects, upcoming technologies and the technical progress in the related industry. Next Generation Sequencing (NGS) Market report analyzes the market status, growth rate, future trends, market drivers, market restraints, key opportunities, challenges, market risks, entry barriers, sales channels, distributors  Porter's Five Forces Analysis. This market analysis report categorizes the market by companies, geographical region, type, component, application and end-use industry.

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Market Analysis: Global Next Generation Sequencing (NGS) Market

Global next generation sequencing (NGS) market is registering a healthy CAGR of 19.60  in the forecast period of 2019-2026. This rise in the market can be attributed to the continuous advancement in NGS technology and upsurge in applications of NGS.

Key Market Competitors:

Few of the major market competitors currently working in the global next generation sequencing (NGS) market are Illumina, Inc., BGI, Eurofins Scientific, PerkinElmer Inc., Macrogen Inc., DNA Link, Inc., Genotypic Technology Pvt Ltd, WuXi AppTec, GENEWIZ, Takara Bio Inc., SciGenom Labs Pvt. Ltd, Theragen Etex Co., Ltd., LGC Biosearch Technologies, Oxford Gene Technology, Sysmex Inostics, Zymo Research, Source BioScience, Novogene Corporation, among others.

Get Full TOC, Tables and Figures of Market Report @ https://www.databridgemarketresearch.com/toc/?dbmr=global-next-generation-sequencing-ngs-market&rp

Market Definition: Global Next Generation Sequencing (NGS) Market

NGS means next-generation sequencing; it is also known as massively parallel sequencing technology. NGS allows researchers to research on various applications including speed, scalability, and ultra-high throughput and also study biological systems at a next level. NGS allows researchers to rapidly sequence whole genomes.

Segmentation: Global Next Generation Sequencing (NGS) Market

Next Generation Sequencing (NGS) Market : By Product & Service

Pre-Sequencing Products & Services
NGS Consumables, Platforms, & Services for Platforms
Sequencing Services
NGS Data Analysis, Storage, and Management (Bioinformatics)

Next Generation Sequencing (NGS) Market : By Technology

Sequencing By Synthesis
Ion Semiconductor Sequencing
Single-Molecule Real-Time Sequencing
Nanopore Sequencing
Other Sequencing Technologies

Next Generation Sequencing (NGS) Market : By Application

Diagnostics
Drug Discovery
Agricultural & Animal Research
Other Applications

Next Generation Sequencing (NGS) Market : By End User

Academic Institutes & Research Centers
Hospitals & Clinics
Pharmaceutical & Biotechnology Companies
Other End Users

Next Generation Sequencing (NGS) Market : By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

Key Developments in the Next Generation Sequencing (NGS) Market :

In July 2019, Biodesix, Inc. and Thermo Fisher Scientific have entered into an agreement to provide next-generation sequencing assay for blood-based companion diagnostic solutions in cancer. It is yet to be approved by Food and Drug Administration of the U.S. This agreement will help cancer patient by focusing on NGS-based solution.

In June 2019, Agendia declared the open access study validating use of MammaPrint and BluePrint molecular diagnostics using next-generation sequencing technology for targeted RNA.  This will help to understand the complexities of early stage breast cancer and treatment strategies.

Next Generation Sequencing (NGS) Market Drivers :

Continuous technological advancement in NGS platform is driving the market growth

Reducing price of NGS installation is another factor helping in market growth

Proper reimbursement and improving regulatory scenario are flourishing the market growth

Upsurge in applications of next generation sequencing drives the growth of the market

Next Generation Sequencing (NGS) Market Restraints :

Less number of skilled personnel hinders the market growth

Rising concern about standardization of NGS based diagnostics hampers the market growth

Legal and ethical restrictions will act as market restraints

Reasons to Purchase this Report :

Current and future of global next generation sequencing (NGS) market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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About Data Bridge Market Research:

Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

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