NGS Sample Preparation Market Size Worth To Reach USD 5.42 Billion By 2028 Says Reports And Data

The global NGS sample preparation market size is expected to reach USD 5.42 Billion by 2028 and register a CAGR of 19% over the forecast period, according to the latest report by Reports and Data. High adoption of NGS technology in diagnostics and development of cost-effective sequencing techniques are some key factors boosting market revenue growth.

Next generation sequencing technology helps in analyzing DNA and RNA sequence more accurately than other sequencing techniques, and involves less time and lower cost. Pre-sequencing methods help in generating high-quality and precise data more quickly. Factors such as increasing incidence of chronic diseases, genetic disorders, and cancer along with growing adoption of NGS sample preparation in molecular diagnostics and personalized medicine is augmenting growth of the NGS sample preparation market.

However, factors such as high costs of automated NGS sample preparation equipment and unavailability of advanced genetic testing centers is projected to impede market growth throughout the forecast period.

Some prominent players in the NGS sample preparation market are:

Illumina Inc., Thermo Fisher Scientific, QIAGEN N.V., Agilent Technologies, Inc., Beckman Coulter, Becton, Dickinson and Company, Pacific Biosciences of California, Biomatters Ltd., Bio-Rad Laboratories, Inc., Congenica Ltd., DNASTAR, Eurofins Scientific, F. Hoffmann-La Roche Ltd., Foundation Medicine, Genomatix GmbH, Macrogen, Myriad Genetics, Oxford Nanopore Technologies, Partek Incorporated, Perkin Elmer, and PierianDx.

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For this study, Reports and Data has segmented the global NGS sample preparation market based on product, workflow, technology, end use, application, and region:

Based On Product Type (Revenue, USD Billion, 2018 - 2028)

Workstations
Reagents & Consumables
Based On Workflow (Revenue, USD Billion, 2018 - 2028)

Reagents & Consumables

Library Preparation

DNA
Human Whole Genome Sequencing (WGS)
Targeted Sequencing
Whole Exome Sequencing (WES)
Others
RNA
Gene Expression Analysis
Whole Transcriptome Sequencing
Others
Target Enrichment
Targeted Seq
WES
Others
Quality Control

Based On Technology (Revenue, USD Billion, 2018 - 2028)

Sequencing by Synthesis (SBS)
Ion Semiconductor Sequencing
Single-molecule Real-time (SMRT) Sequencing
Nanopore Sequencing
Other Technologies

Based On Application (Revenue, USD Billion, 2018 - 2028)

Disease Diagnostics
Cancer Diagnostics
Reproductive Health Diagnostics
Infectious Disease Diagnostics
Other Disease Diagnostic Applications
Drug Discovery
Agricultural and Animal Research
Other Applications

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Based On End Use (Revenue, USD Billion, 2018 - 2028)

Academic Institutes and Research Centers
Hospitals & Clinics
Pharmaceutical & Biotechnology Companies
Others

Based On Region: (Revenue, USD Billion, 2018 - 2028)

North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Italy
Rest Of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Rest of MEA

Some key highlights from the report:

On the basis of product type, the reagents & consumables segment is expected to account for significant revenue share during the forecast period owing to increase in NGS-based testing and availability of advanced and effective reagents, and precise tips and pipettes.

Based on workflow, the library preparation segment is projected to account for relatively large revenue share during the forecast period owing to growing research and technological developments in NGS procedures for library preparation along with availability of a wide range of products.
In context to technology, the Sequencing by Synthesis (SBS) segment is expected to emerge as the highest revenue contributing segment as this technology provides instant, precise DNA analysis, and whole-genome sequencing in a matter of hours.

Based on application, the disease diagnostic segment is projected to account for high revenue growth during the forecast period, attributable to increasing prevalence of infectious diseases and cancer cases globally and existence of well-established market players who are investing to develop more efficient NGS products.
Europe is expected to account for a significantly steady revenue growth rate between 2021 and 2028 due to increasing incidence of cancer, favorable reimbursement policies, and technological developments in NGS.

Latin America is projected to account for steady revenue growth during the forecast period. Factors such as rising investments by key players and initiatives by governments are supporting market growth.

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Table Of Contents

Introduction
1.1. Scope Of The Study
1.2. Market Segmentation
1.2.1 NGS Sample Preparation Market - By Product Type
1.2.2 NGS Sample Preparation Market - By Workflow
1.2.3 NGS Sample Preparation Market - By Technology
1.2.4 NGS Sample Preparation Market - By Application
1.2.5 NGS Sample Preparation Market - By End Use
1.2.6 NGS Sample Preparation Market - By Region
1.2.6.1 By Country

2. Key Takeaways

3. Research Methodology

4.NGS Sample Preparation Market Landscape

4.1. Overview
4.2. PEST Analysis
4.2.1 North America - PEST Analysis

Continue…

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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