Next Generation Sequencing (NGS) Market Size, Growth and SWOT Analysis by Key Players: Illumina, Inc., BGI, Eurofins Scientific, PerkinElmer Inc

A credible Next Generation Sequencing (NGS) Market report involves the use of the latest tools and techniques for researching, analyzing, and gathering of data and information. This market report performs systematic gathering, recording, and analysis of data about the issues related to the marketing of goods and services and serves the businesses with an excellent market research report. The report provides intelligent solutions to complex business challenges and commences an effortless decision-making process. A team of enthusiastic analysts, skilled researchers and experienced forecasters work meticulously to generate such kind of market reports. Next Generation Sequencing (NGS) Market research report is a painstaking investigation of current scenario of the market and future estimations which covers several market dynamics.

The top notch Next Generation Sequencing (NGS) Market report gives CAGR values along with its fluctuations for the specific forecast period. The report contains top to bottom analysis and estimation of various market related factors that are incredibly crucial for better decision making. The report provides comprehensive explanation of market definition, market segmentation, competitive analysis and key developments in the industry. This industry analysis report is framed with the most excellent and sophisticated tools of collecting, recording, estimating and analyzing market data. Next Generation Sequencing (NGS) Market report comprises of data that can be pretty indispensable when it is about dominating the market or making a mark in the market as the latest emergent.

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.

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Key Market Competitors:

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.

Competitive Analysis:

Global next generation sequencing (NGS) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of next generation sequencing (NGS) market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Global 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), Technology (Sequencing By Synthesis, Ion Semiconductor Sequencing, Single-Molecule Real-Time Sequencing, Nanopore Sequencing, Other Sequencing Technologies), Application (Diagnostics, Drug Discovery, Agricultural & Animal Research, Other Applications), End User (Academic Institutes & Research Centers, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Other End Users), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

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Key Pointers Covered in the Next Generation Sequencing (NGS) Market Industry Trends and Forecast to 2026

Next Generation Sequencing (NGS) Market Size
Next Generation Sequencing (NGS) Market New Sales Volumes
Next Generation Sequencing (NGS) Market Replacement Sales Volumes
Next Generation Sequencing (NGS) Installed Base
Next Generation Sequencing (NGS) Market By Brands
Next Generation Sequencing (NGS) Market Procedure Volumes
Next Generation Sequencing (NGS) Market Product Price Analysis
Next Generation Sequencing (NGS) Market Healthcare Outcomes
Next Generation Sequencing (NGS) Market Cost of Care Analysis
Next Generation Sequencing (NGS) Regulatory Framework and Changes
Next Generation Sequencing (NGS) Prices and Reimbursement Analysis
Next Generation Sequencing (NGS) Market Shares in Different Regions
Next Generation Sequencing (NGS) Recent Developments for Market Competitors
Next Generation Sequencing (NGS) Market Upcoming Applications
Next Generation Sequencing (NGS) Market Innovators Study

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.

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

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

Segmentation: Global Next Generation Sequencing (NGS) Market

Key Developments in the 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. 

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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