openPR Logo
Press release

Next Generation Sequencing Market, Impact of COVID-19, By Types of Test, Companies, Forecast by 2027 - Renub Research

09-15-2021 07:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Renub Research

/ PR Agency: Renub Research
As per this report, the Next-generation Sequencing Industry will grow with a CAGR of 22.94% during 2020 - 2027.

As per this report, the Next-generation Sequencing Industry will grow with a CAGR of 22.94% during 2020 - 2027.

Next-generation sequencing refers to the deep, high-throughput, in-parallel DNA sequencing technologies developed a couple of decades after the Sanger DNA sequencing method first emerged in 1977. It is a massively parallel sequencing technology that offers scalability, ultra-high throughput, and high speed to determine the order of nucleotides in the entire genome. DNA pre-sequencing is one of the most significant steps in the overall sequencing protocol as it involves the preparation of the sample for the subsequent sequencing reaction. Further, the expansion of the worldwide next-generation sequencing market is majorly driven by a rise in genome mapping programs, a rise in applications of next-generation sequencing; an increase in healthcare expenditure; and technological advancements in sequencing platforms. According to Renub Research, The Next Generation Sequencing Market will reach US$ 34.8 Billion by 2027.

Impact of COVID-19 Pandemic

The potential advantage of NGS diagnostic technology was to determining the genetic sequence of a virus and helping scientists understand the change of the virus. Throughout the COVID-19 pandemic, government authorities worldwide are constantly working with the private sector to bring NGS technology the potential diagnostic tool within the market. In 2020, the (US FDA) United States Food and Drug Administration issued an emergency use authorized (EUA) to Illumina Inc. for the first COVID-19 diagnostic test adopting NGS technology. The FDA approved the Illumina COVID Seq Test for the qualitative detection of SARS-CoV-2 RNA.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=next-generation-sequencing-market-p.php

Based on Type

Next Generation Sequencing Market includes Targeted Re-sequencing (TPS/WES), RNA-Sequencing, Whole Genome Sequencing, Chip-Sequencing, De Novo Sequencing, and Methyl-Sequencing. Targeted Re-sequencing holds the largest market share; the technology allows economic options for WGS (World Geodetic System) and facilitates the in-depth study of genomic regions. RNA-based targeted sequencing is expected to witness lucrative growth in the coming years due to the growing demand for differential expression analysis. As per this report, the Next-generation Sequencing Industry will grow with a CAGR of 22.94% by 2027.

Moreover, in recent years, NGS has been considered the most potent tool in diagnostics and research to understand the treatment regimen for various diseases, including cancer, infectious diseases and cardiovascular diseases. In cancer diagnostics, due to the widespread adoption of liquid biopsies, there has been a significant increase in the utilization of NGS technologies. These technologies utilize cell-free circulating tumour DNA (ctDNA) as a non-invasive cancer biomarker for real-time cancer monitoring and detection.

NGS is steadily being integrated into user verticals like Academic and Research Institutes, Biopharmaceutical Industry, Diagnostics Industry, Governments Agencies, Hospitals and Clinics. The academic and Biopharmaceutical Industry dominates the NGS industry. Academic created the most significant revenue to the high usage of the next-generation sequencing platforms for basic research programs within universities and institutes. As per this study, Next-generation sequencing Market Size was US$ 8.2 Billion in 2020.

In addition, Next-generation sequencing informatics Services are used in clinical applications of NGS, technological advancements in NGS informatics tools, growing preference toward personalized medicines and early disease diagnosis, and the increasing demand for NGS services and investments by key companies.

The key players include Illumina, Thermo Fisher Scientific, Pacific Biosciences, Oxford Nanopore Technologies, and Roche. They were operating in the global next-generation sequencing market. In 2020, Illumina Inc. acquired GRAIL, a healthcare company focused on multi-cancer early detection, for cash and stock consideration of US$ 8 Billion upon closing of the transaction.

Renub Research latest report “Next-generation sequencing Market by Types of Test (Targeted Re-sequencing (TPS/WES), RNA-Sequencing, Whole Genome Sequencing, ChIP-Sequencing, De Novo Sequencing, and Methyl-Sequencing) by Disease (Reproductive Health NGS test , NGS Test Market (Rare Disease Diagnostics), Cancer (Risk Prediction, therapy Selection & Respose), Metabolic Immune (Diagnostic), Cardiovascular NGS Test Market, Others NGS Test Market) by Informatics (NGS Informatics Services, Primary and Secondary Data Analysis Tools, Computing, Storage, Biological Interpretation and Reporting Tools, LIMS (Laboratory Information Management System) by End User (Academic and Research Institutes, Biopharmaceutical Industry, Diagnostics Industry, Governments Agencies, Hospitals and Clinics) provides a detailed analysis of Next-generation sequencing Industry.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/next-generation-sequencing-market-p.php

Types of Test - Next Generation Sequencing Market have been covered from 6 viewpoints:

1. Targeted Re-sequencing (TPS/WES)
2. RNA-Sequencing
3. Whole Genome Sequencing
4. ChIP-Sequencing
5. De Novo Sequencing
6. Methyl-Sequencing

Disease – Global Next Generation Sequencing Test Market have been covered from 6 viewpoints:

1. Reproductive Health NGS test
2. NGS Test Market (Rare Disease Diagnostics)
3. Cancer (Risk Prediction, therapy Selection & Response)
4. Metabolic Immune (Diagnostic)
5. Cardiovascular NGS Test Market
6. Others NGS Test Market

Informatics – Global Next Generation Sequencing Market have been covered from 6 viewpoints:

1. NGS Informatics Services
2. Primary and Secondary Data Analysis Tools
3. Storage
4. Computing
5. Biological Interpretation and Reporting Tools
6. LIMS (Laboratory Information Management System)

End User - Global Next Generation Sequencing Market have been covered from 5 viewpoints:

1. Academic and Research Institutes
2. Biopharmaceutical Industry
3. Diagnostics Industry
4. Governments Agencies
5. Hospitals and Clinics

Company Insights:

• Overview
• Company Initiatives
• Sales Analysis

Companies Covered:

1. Illumina
2. Thermo Fisher Scientific
3. Pacific Biosciences
4. Oxford Nanopore Technologies
5. Roche

Industry Related Reports:

Industrial Enzymes Market: https://www.renub.com/industrial-enzymes-market-p.php

China In-Vitro Fertilization Market: https://www.renub.com/china-in-vitro-fertilization-market-p.php

France In-Vitro Diagnostics Market: https://www.renub.com/france-in-vitro-diagnostics-market-p.php

United States In Vitro Diagnostics Market: https://www.renub.com/united-state-in-vitro-diagnostics-market-p.php

Food Safety Testing Market: https://www.renub.com/food-safety-testing-market-p.php

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers, and executives to make informed and correct decisions.

Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more.

Contact Us:
Renub Research
Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)
Email: info@renub.com
Web: https://www.renub.com
Follow on Linkedin: https://www.linkedin.com/company/renub-research

Roswell, GA 30076

Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today's ultra-competitive markets.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Next Generation Sequencing Market, Impact of COVID-19, By Types of Test, Companies, Forecast by 2027 - Renub Research here

News-ID: 2393247 • Views: 133

More Releases from Renub Research

Fast Food Market, Impact of COVID-19, By Product Type, Companies, Global Forecas …
The global food industry has changed and developed over the decades to satisfy customer needs and consumer behaviour. Hence, fast food has found its roots in developed and developing economies with the evolution of time, which is mainly accepted based on its quick availability and taste factor. Moreover, the global vendors have successfully reached out to new consumers through product innovations, quick-fire international expansion, and improvements in the dining experience.
Retinal Surgery Device Market, Impact of COVID-19, By Product, Companies, Foreca …
Retinal diseases vary widely, but most retinal diseases cause visual symptoms and can affect any part of the retina. The various equipment and accessories used for surgically repairing torn or detached retinas are retinal surgery devices. Worldwide, devices are usually manufactured using stainless steel and medical-grade silicon for better sterility. The common symptoms of retinal diseases are blurred or distorted vision, defects inside vision or lost vision. Globally, Retinal surgeries
5G Technology Market, Impact of COVID-19, By Components, Companies, Global Forec …
As the world is beholding rapid advancements in technology, the 5G market is no exception. In recent years, the widespread access to 5G internet has changed the way people communicate. Besides, in the future, 5G will likely provide substantial enterprise opportunities which consumers and industries have begun to recognize. Going ahead, heavy investments in 5G will facilitate connected devices and foster the surge of the Internet of Things (IoT) ecosystem.
Fast Food Market, Impact of COVID-19, By Product Type, Companies, Global Forecas …
The global food industry has changed and developed over the decades to satisfy customer needs and consumer behaviour. Hence, fast food has found its roots in developed and developing economies with the evolution of time, which is mainly accepted based on its quick availability and taste factor. Moreover, the global vendors have successfully reached out to new consumers through product innovations, quick-fire international expansion, and improvements in the dining experience.

All 5 Releases


More Releases for Seq

MicroRNA Sequencing (miRNA-Seq) Market to See Huge Growth by 2026 | Illumina, Th …
A new business intelligence report released by HTF MI with title "Global MicroRNA Sequencing (miRNA-Seq) Market Analysis 2015-2019 and Forecast 2020-2025" is designed covering micro level of analysis by manufacturers and key business segments. The Global MicroRNA Sequencing (miRNA-Seq) Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both
NGS-Based RNA-Seq Market Analysis 2018-2027: Agilent Technologies, BGI, Oxford N …
The global NGS based RNA sequencing market is expected to reach US$ 7,984.90 Mn in 2027 from US$ 1,414.59 in 2018. The market is estimated to grow with a CAGR of 19.3% from 2018-2027. Global NGS- based RNA- seq market is expected to grow in the coming years, owing to the factors such as, reduced cost of genome sequencing, advancements in sequencing technology and next generation sequencing for cancer. However, the
Global MicroRNA Sequencing (miRNA-Seq) Market To Witness Increasing Adoption In …
Albany, NY, 8th April : Recent research and the current scenario as well as future market potential of "Global MicroRNA Sequencing (miRNA-Seq) Market Size,Status and Forecast 2019-2025" globally. MicroRNA sequencing (miRNA-seq), a type of RNA-Seq, is the use of next-generation sequencing or massively parallel high-throughput DNA sequencing to sequence microRNAs, also called miRNAs. miRNA-seq differs from other forms of RNA-seq in that input material is often enriched for small RNAs. miRNA-seq
Global NGS-Based RNA-Seq Market to 2027 - Analysis and Forecasts By Leading Play …
The NGS based RNA seq is done without a reference sequence for the strand-specific libraries that are being profiled for the rare and novel therapeutics. It is highly revolutionized study of the transcriptome which is highly sensitive and accurate for the measurement of the expression all over the transcriptome. The NGs based RNA seq provides researchers with visibility for previously undetected changes occurring in disease states, in response to therapeutics
NGS-Based RNA-Seq Market to surpass US$ 7,984.90 Mn in 2027 : Qaigen, F. Hoffman …
The Insight Partners analysts forecast the global NGS-Based RNA-Seq market to grow at a CAGR of over 19.3% during the forecast period, according to their latest market research report. The NGS based RNA seq is done without a reference sequence for the strand-specific libraries that are being profiled for the rare and novel therapeutics. It is highly revolutionized study of the transcriptome which is highly sensitive and accurate for the measurement
Global RNA Sequencing Service Market Size, Status and Forecast 2022 : Cloud-seq, …
Qyresearchreports include new market research report "Global RNA Sequencing Service Market Size, Status and Forecast 2022" to its huge collection of research reports. The report on the global RNA Sequencing Service market offers a comprehensive insight into the current market outlook, emerging demand dynamics, share and size of various segments, and the competitive landscape. The elaborate analysis of the RNA Sequencing Service market includes an assessment of various business risks, particularly