Global NGS Sample Preparation Market Is Expected To Reach Around USD 3,125 Million By 2025

Zion Market Research has published a new report titled "NGS Sample Preparation Market by Workflow (Target Enrichment and Library Preparation), by Product (Consumables & Reagents and Workstations), Technology (Nanopore Sequencing, Sequencing by Synthesis, Single Molecule Real Time Sequencing, and Ion Semiconductor Sequencing), and by Application (Drug Discovery, Animal & Agricultural Research, Diagnostics, Precision Medicine, Biomarker Discovery, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2025". According to the report, the global NGS sample preparation market was approximately USD 935 million in 2018 and is expected to generate around USD 3,125 million by 2025, at a CAGR of around 18.9% between 2019 and 2025.

Next-generation sequencing (NGS) is one of the high-throughput methods for DNA sequencing and uses the concept of massively parallel processing. It is also referred to as massively parallel sequencing. NGS platforms vary in sequencing chemistry and engineering configurations. NGS techniques enable the determination of RNA structures. NGS has enabled the sequencing of the entire human genome in a single day. NGS technologies have increased the speed and precision of genome sequencing. Advances in sample preparation processes and kits to standardize and streamline stages are making NGS more reachable to scientists.

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Growing incidence of genetic disorders, improvements in NGS platforms, decreasing sequencing costs, enhancing reimbursement for diagnostic examinations based on NGS, rising number of research projects in genome research, and growing demand for nucleic acid sequencing will be majorly driving the growth of the global NGS sample preparation market. However, the high cost of NGS and strict NGS-related guidelines in some countries may restrict the development of this global market.

The global NGS sample preparation market is split into workflow, product, technology, and application. Based on workflow, the NGS sample preparation market includes target enrichment and library preparation (RNA and DNA). The product segment includes consumables and reagents and workstations. The consumables and reagents segment is anticipated to hold the largest market share in the future, due to the decreasing sequencing cost, the presence of advanced NGS platforms, and increasing NGS applications. The technology segment includes nanopore sequencing, sequencing by synthesis (SBS), single-molecule real-time (SMRT) sequencing, and ion semiconductor sequencing.
The application segment includes drug discovery, animal and agricultural research, diagnostics, precision medicine, biomarker discovery, and others. The diagnostics segment is expected to represent the largest market share in the future, owing to the increasing number of cancer cases and advantageous reimbursements for NGS-based examinations.

North America is the dominant region in the global NGS sample preparation market and will display rapid growth in the future. This progress can be attributed to the initiatives taken by the government as well as non-government bodies for the adoption of NGS technologies, rapid acceptance of NGS diagnostics, and quick implementation of the latest technologies. The Asia Pacific NGS sample preparation market is projected to grow rapidly over the estimated period. China, Japan, and India are expected to lead the growth of drug discovery in the region.
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Some major players in the global NGS sample preparation market are Agilent Technologies, Thermo Fisher Scientific, Illumina, F Hoffman-La Roche, Macrogen, and Eurofins Scientific.

This report segments the global NGS sample preparation market into:

Global NGS Sample Preparation Market: By Workflow

Target Enrichment
Library Preparation
RNA
DNA

Global NGS Sample Preparation Market: By Product

Consumables and Reagents
Workstations

Global NGS Sample Preparation Market: By Technology

Nanopore Sequencing
Sequencing by Synthesis (SBS)
Single Molecule Real Time (SMRT) Sequencing
Ion Semiconductor Sequencing

Global NGS Sample Preparation Market: By Application

Drug Discovery
Animal and Agricultural Research
Diagnostics
Precision Medicine
Biomarker Discovery
Others

Global NGS Sample Preparation Market: By Region

North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

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Report Methodology

Zion market research uses an analytical approach to assist users in gaining a solid understanding of the overall market. The global revenue for the market over the projection period of 2022-2028 is derived using a top-down and bottom-up approach where the sale of products is calculated at the regional as well as country levels. The specialized research analysts conducted extensive primary and secondary research to collect validated information. During secondary research, the analyst focuses on authenticating data sources such as company annual reports, SEC filings, investor presentations, articles, journals, and news channels news to construct the market number. All this information is validated through comprehensive primary research to validate the secondary research data with industry experts.

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