Press release
Next-generation Sequencing (NGS) Market Analysis-Industry Specific Opportunities and Trends Affecting the Growth
Read more about Next-generation Sequencing (NGS) Market here: https://www.globalinsightservices.com/reports/next-generation-sequencing-ngs-market/
Next-generation sequencing (NGS) is a type of DNA sequencing technology that is used to determine the precise order of nucleotides in a genome. NGS is also used to identify mutations, SNPs, and other variations in a genome.
NGS technology has revolutionized the field of genomics by providing a more rapid and cost-effective method for sequencing genomes. NGS can sequence an entire human genome in a matter of days, whereas it would take months or years to sequence a genome using traditional methods.
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Key Players
-Agilent Technologies, Inc
-BGI Group
-F. Hoffmann-La Roche AG
-Illumina Inc
-Precigen Inc.
-Pacific Biosciences of California, Inc
-PerkinElmer, Inc.
-PierianDx Inc.
Key Trends
The key trends in NGS technology are:
Increased throughput and efficiency: New sequencing technologies are capable of sequencing entire genomes in a single run, and can do so much faster and more cheaply than ever before.
Improved data quality: NGS technologies produce data of much higher quality than older sequencing technologies, making it possible to detect previously undetectable mutations and variations.
Increased applicability: NGS is being used in an ever-widening range of applications, from disease diagnosis and treatment to population genetics and evolutionary studies.
New data analysis methods: As NGS data sets become larger and more complex, new methods of data analysis are needed to make sense of them.
Key Drivers
The key drivers of the Next-generation Sequencing (NGS) market are the declining costs of sequencing, the increasing availability of sequencing platforms, and the increasing demand for sequencing services.
The declining costs of sequencing are driven by the continued development of new sequencing technologies and the increasing scale of sequencing operations. The cost of sequencing a human genome has fallen from over $100 million in 2001 to less than $1,000 in 2016, and is projected to continue to decline in the future.
The increasing availability of sequencing platforms is driven by the continued development of new sequencing technologies and the increasing number of sequencing service providers.
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Market Segments
By Product
-Consumables
-Services
By Application
-Diagnostics
-Biomarkers and Cancer
-Reproductive Health
-Personalized Medicine
-Agriculture and Animal Research
-Other Applications
By Technology
-Sequencing by Synthesis
-Ion Semiconductor Sequencing
-Sequencing by Ligation
-Pyrosequencing
-Single Molecule Real Time Sequencing
-Other Technologies
By End User
-Academic and Research Centers
-Pharmaceutical and Biotechnology Companies
-Hospitals and Clinics
-Others
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About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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The NGS sample preparations determine components in the samples, such as blood, urine, and others, in animals.
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