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Next-generation Sequencing (NGS) Market by Product & Service (Consumables, Platforms, Services), Technology (SBS, Nanopore), Application (Diagnostic, Drug Discovery, Agriculture), End User (Pharma, Biotech, Academic) - Global Forecast to 2027

02-17-2023 04:36 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Reports Publishers

Next-generation Sequencing (NGS) Market

Next-generation Sequencing (NGS) Market

The global next generation sequencing market in terms of revenue was estimated to be worth $13 billion in 2022 and is poised to reach $27 billion by 2027, growing at a CAGR of 15.7% from 2022 to 2027. The growth of the market is attributed to declining costs of genome sequencing, growing incidence of cancer, and launch of new NGS platforms.

The market is segmented into five major regions-North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa. In 2021, North America accounted for the largest share of the market. Increasing number of genomics research projects, rising demand for new NGS platforms and growing use of NGS consumables are various factors projected to drive the growth of the market.

Get PDF Sample Report + All Related Table and Graphs @: https://www.reportspublisher.com/report/Nextgeneration-Sequencing-NGS-Market/request-sample

Key Market Players

Illumina (US), Thermo Fisher Scientific (US), PerkinElmer (US), BGI Group (China), and Agilent Technologies (US), are the prominent players operating in the next generation sequencing market.
The study categorizes the next-generation sequencing market into the following segments and subsegments:

BY PRODUCT

• NGS Consumables
• Sequencing Services
• Exome & Targeted Resequencing and Custom Panels
• RNA Sequencing
• De Novo Sequencing
• ChIP-Seq
• Whole-genome Sequencing
• Methyl Sequencing
• Other Sequencing Services
• Presequencing Products & Services
• Library Preparation & Target Enrichment
• Quality Control
• NGS Platforms
• Illumina
• Novaseq Systems
• Nextseq Systems
• Miseq Systems
• Miniseq Systems
• iSeq Systems
• Thermo Fisher Scientific
• ION PGM Systems
• ION Proton Systems
• ION Genestudio Systems
• Ion Torrent Genexus Systems
• Oxford Nanopore Technologies
• Pacific Biosciences
• Other Platforms
• Bioinformatics
• Data Analysis Services
• NGS Data Analysis Software & Workbenches
• NGS Storage, Management, & Cloud Computing
Solutions
• Services for NGS Platforms

Interested in Purchasing this Report? Click here @ https://www.reportspublisher.com/checkout?report=RP-204540&type=single

BY TECHNOLOGY
• Sequencing by Synthesis
• ION Semiconductor Sequencing
• Nanopore Sequencing
• Single-Molecule Real-Time Sequencing
• Other Technologies

BY APPLICATION
• Diagnostics
• Cancer Diagnostics
• Infectious Disease Diagnostics
• Reproductive Health Diagnostics
• Other Diagnostic Applications
• Drug Discovery & Development
• Pharmacogenomics
• Other Drug Discovery and Development
Applications
• Agricultural & Animal Research
• Other Applications

BY END USER
• Academic Institutes & Research Centers
• Pharmaceutical & Biotechnology Companies
• Hospitals & Clinics
• Reference Laboratories
• Other End Users

Get Customized report at https://www.reportspublisher.com/report/Nextgeneration-Sequencing-NGS-Market/request-customization

Recent Developments
• In October 2022, Illumina (US) and GenoScreen (France) partnered to expand access to genomic testing for multidrug-resistant tuberculosis in countries most impacted by tuberculosis.
• In October 2022, Illumina (US) entered a strategic research collaboration with AstraZeneca (UK) to improve the efficiency of pharma pipelines by leveraging the ability to identify genetic variants that contribute to human diseases.
• In September 2022, Thermo Fisher Scientific (US) received FDA approval for the Oncomine Dx Target Test as the first NGS-based companion diagnostic to aid in therapy selection for patients with RET Mutations/Fusions in thyroid cancers.

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