Press release
How are Academic Level Collaborations Bolstering NGS Sample Preparation Market Growth Prospects: Fact.MR
The global NGS sample preparation market is expected to surpass a valuation of US$ 4 billion by 2031, expanding at a whopping CAGR of approximately 16% across the 2021-2031 forecast period, according to a recent report published on the market by award-winning consulting firm Fact.MR. Next generation sequencing (NGS) has revolutionized genomic research, paving the way for highly effective diagnosis of numerous chronic and infectious diseases, a fact that is boding well for market growth.For detailed insights on enhancing your product footprint, request for a sample here - https://www.factmr.com/connectus/sample?flag=S&rep_id=5932
Historically, the market accrued significant gains, surpassing US$ 750 million in value in 2019. In recent years, NGS has been widely deployed in clinical oncology to advance personalized cancer treatment. The technique has proven useful in identifying novel and rare cancer mutations, detecting familial cancer mutation carriers, and providing molecular rationale for appropriate targeted therapy.
Key Takeaways from Market Study
High demand for NGS sample preparation kits, reagents, and consumables
By application, NGS sample preparation for drug & biomarker discovery poised to reach higher echelons
For critical insights on this market, request for methodology here - https://www.factmr.com/connectus/sample?flag=RM&rep_id=5932
Academic and research institutes to remain primary NGS sample preparation end users
Presence of robust healthcare system to pivot NGS sample preparation product sales across the U.S.
India to extensively deploy NGS sample preparation products to augment prenatal screening
Key Market Segments Covered
Product Type
NGS Sample Preparation Instruments
NGS Sample Preparation Kits, Reagents & Consumables
Application
NGS Sample Preparation for Drug & Biomarker Discovery
NGS Sample Preparation for Diagnostics
NGS Sample Preparation for Precision Medicines
Others
Agriculture
Animal Research
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End User
Hospitals & Diagnostic Centers
Biotechnology & Pharmaceutical Companies
Academic & Research Institutes
Others
CROs
CMOs
Competitive Landscape
The global NGS sample preparation market appears fragmented in nature, characterized by the presence of numerous regional and global level market players. Major expansion strategies include introducing testing kits equipped with the latest technology, collaboration with existing manufacturers, and acquisition of other players.
Read More Trending and Similar Reports from Fact.MR - https://www.globenewswire.com/en/news-release/2020/03/31/2009232/0/en/Fact-MR-Forecasts-Sales-of-Audiological-Devices-to-Exceed-US-13-Bn-by-2026-Receiver-in-the-ear-Will-Remain-Bestselling-Reveals-a-New-Report.html
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Complete PDF Guide to NGS Sample Preparation
The NGS sample preparations determine components in the samples, such as blood, urine, and others, in animals.
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The type of analyzers includes urine analyzers, blood gas & electrolyte analyzers, glucometers, and others used by medical labs, hospitals, and people at home.
Top Companies Analysis -
Agilent Technologies, Inc.
Becton, Dickinson and Company
Beckman Coulter
F. Hoffmann-La Roche AG
Illumina, Inc.
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