Press release
Next Generation Sequencing (Ngs) Market Size Status and Global Outlook 2021- Roche, DNASTAR, Inc., MolecularMD Corporation
The Next Generation Sequencing (Ngs) market is a comprehensive market research report which provides market analysis with a historical & futuristic perspective for the following parameters; market size, revenue, demand, and supply data (as applicable). The report offers detailed market analysis to provide a 360-degree research study on the global Next Generation Sequencing (Ngs) market. Some of the tools used for this are SWOT, PESTEL and Porter's 5-forces analysis frameworks. The report includes detailed information on the key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmaps, value chains, player profiles, and strategies. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Next Generation Sequencing (Ngs) from 2021 till 2026.Next Generation Sequencing (Ngs) Market size was valued at $4,533 million in 2018, and is estimated to reach $18,565 million by 2026, growing at a CAGR of 19.2% from 2019 to 2026
Top leading Manufactures Profiled in Next Generation Sequencing (Ngs) Market Report are:
Roche, DNASTAR, Inc., MolecularMD Corporation, RainDance Technologies, Inc., SeqLL, LLC, Mayo Medical Laboratories and Mayo Clinic, Qiagen N.V., Sequenta, Inc., Response Genetics, Inc., Quest Diagnostics, QuantuMDx Group, Multiplicom NV, InDecations Exchange Pte Ltd (INEX), Illumina, Inc., DNA Electronics Ltd.
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NGS minimizes the requirement for fragment-cloning methods used in Sanger sequencing of genomes. Low cost, high accuracy & speed, and precise results even from low sample input are the main advantages NGS offer over Sanger’s sequencing method. NGS is used to execute various applications such as biomarker discovery, oncology studies, personalized medicine, agricultural & animal research, and others. NGS has streamlined nucleotide analysis and has widely replaced conventional tools of genomics, especially microarray efficiently.
Asia-Pacific is projected to register the highest CAGR during the forecast period, owing to increased technological innovations and funding provided by the government and private organizations. In addition, increased investment by the biotechnology and pharmaceutical companies, is also expected to increase the market demand.
News and Market
-In January 2021, BGI Group received the CE mark approval for the Thalassemia Gene Detection Kit (Combinatorial Probe-Anchor Synthesis Sequencing Method), which can be used for the genetic diagnosis of á, â thalassemia and other hemoglobinopathy or for general population carrier screening.
-In September 2020, Thermo Fisher Scientific received the US FDA premarket approval for the Oncomine Dx Target Test as an NGS-based companion diagnostic (CDx) test to identify RET fusion-positive, metastatic non-small cell lung cancer (NSCLC) patients receiving GAVRETO (pralsetinib), a targeted therapy developed by Blueprint Medicines.
-In August 2020, Thermo Fisher Scientific launched hematology-oncology assays for the Ion Torrent Genexus System, which enables simultaneous analysis of DNA mutations and RNA fusion transcripts in myeloid samples in a single day.
Global Next Generation Sequencing (Ngs) Market Split by Product Type and Applications:
Market Research Study Focus on these Types:
454-Sequencing
Illumina Sequencing
Market Research Study Focus on these Applications:
Oncology
Hereditary Disease Detection
Life Science
Emerging Application
Regional Analysis for Next Generation Sequencing (Ngs) Market:
For a comprehensive understanding of market dynamics, the global Next Generation Sequencing (Ngs) market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.
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Global Next Generation Sequencing (Ngs) Market: Competitive Landscape
This research report represents a 360-degree overview of the competitive landscape of the Next Generation Sequencing (Ngs) Market. Furthermore, it offers massive data relating to recent trends, developments, tools, and methodologies. The research report analyzes the Next Generation Sequencing (Ngs) Market in a detailed manner for better insights into the businesses.
Report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. The complete knowledge is based on latest industry news, threats, opportunities and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
Frequently Asked Questions about the Next Generation Sequencing (Ngs) market:
– What are the recent developments and government policies?
– What are the top trends in the Next Generation Sequencing (Ngs) market?
– What is the growth rate of the market?
– Which Is the Most potential market segment?
– Which are the top industry players in the Next Generation Sequencing (Ngs) market?
– Which region would offer high growth for vendors in the market?
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We Offer Customization On Report Based On Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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