Next-Generation Sequencing Market Status, Growth, Trends and Outlook - 2028 | Illumina, Thermo Fisher Scientific, PerkinElmer, BGI Group, Agilent Technologies

In a recently released analysis titled "Next-Generation Sequencing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," Exactitude Consultancy, a reputable market research firm, provided data. The report offers a thorough overview of the market, including data on market size, trends, and growth projections for the global Next-Generation Sequencing market. The study highlights the most recent developments in the industry and provides competitor and geographical analysis.

"The global next-generation sequencing market is expected to grow at 18 % CAGR from 2019 to 2028. It is expected to reach above USD 32.81 billion by 2028 from USD 7.39 billion in 2019."

Next-generation Sequencing Market Revenue Share (%), by Geography, Global, 2022

✦ North America - 40.5%

✦ Europe - 28.3%

✦ Asia-Pacific - 18.9%S

✦ South America - 7.8%

✦ Middle East and Africa - 4.5%

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**Note - Updated Version 2023 is available

Growth Drivers:

Next-generation sequencing technology advancements in developed countries, increased research and development in North America and Europe, growing use by pharmaceutical and biopharmaceutical companies, and favorable regulatory scenarios in North America.

Challenges:

The lack of skilled professionals and the high cost of next-generation sequencing are significant challenges.

What this report provides?

The research provides a comprehensive overview of the current state of the Next-Generation Sequencing market and its anticipated future evolution.

Key companies manufacturing Next-Generation Sequencing worldwide are profiled, providing an overview of their financials, product portfolio, recent developments, and future outlook.

The report evaluates the current opportunity and future growth potential of the Next-Generation Sequencing market, providing estimates for its mid-to-long term evolution during the forecast period 2023-2028, aiming to identify potential trends and opportunities.

Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-over-year growth, competitive benchmarking, vendor identification, CMI quadrant, and other significant analysis, as well as development status.

Recent market trends and its potential for future growth
regional reports that can be customised upon request

Who are the major players in this industry?

Illumina, Thermo Fisher Scientific, PerkinElmer, BGI Group, Agilent Technologies, Eurofins Scientific, Pacific Biosciences, Oxford Nanopore Technologies, QIAGEN, F. Hoffmann-La Roche AG, GENEWIZ, and others.

Recent Developments in Next-Generation Sequencing Market

Recent developments in Next-Generation Sequencing industry, even after market report release, support market trends outlined in analysis.

April 12, 2022 - Thermo Fisher Scientific recently launched the CE-IVD marked Ion Torrent Genexus Dx Integrated Sequencer, an automated, next-generation sequencing (NGS) platform that delivers results in one day.

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.

What exactly does market segmentation cover?

Global Next-Generation Sequencing Market by Technology, 2019-2028, (In USD Million)

» Sequencing By Synthesis
» Ion Semiconductor Sequencing
» Nanopore Sequencing
» Single-Molecule Real-Time Sequencing
» Other Technologies

Global Next-Generation Sequencing Market by Application, 2019-2028, (In USD Million)

» Diagnostics
» Cancer Diagnostics
» Infectious Disease Diagnostics
» Reproductive Health Diagnostics
» Other Diagnostic Applications
» Drug Discovery
» Agricultural & Animal Research
» Other Applications

Regional Analysis of the Next-Generation Sequencing Market

The market development, current market trends, and some research methodologies are all covered in the Next-Generation Sequencing Industry research report. It draws attention to crucial aspects like product portfolios, software architectures, and production strategies that have a direct impact on the market. Our research shows that even minor changes to a product's qualities can have a big impact on the previously mentioned criteria.

Key Geographical Regions

North America (US, Canada)
Europe (Germany, UK, France, Italy, Spain)
Asia-Pacific (China, Australia, Japan)
Middle East and North Africa
Latin America

Table of Content:

1 Study Reporting
1.1 Next-Generation Sequencing Product
1.2 Key Segments in This Study
1.3 Key Companies Covered
1.4 Market by Type
1.4.1 Global Next-Generation Sequencing Market Size Growth Rate by Type
1.5 Market by Application

2 Executive Instantaneous
2.1 Global Next-Generation Sequencing Market Size
2.1.1 Global Next-Generation Sequencing Revenue
2.1.2 Global Next-Generation Sequencing Production
2.2 Next-Generation Sequencing Growth Rate (CAGR)
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Next-Generation Sequencing Manufacturers
2.3.2.1 Next-Generation Sequencing Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Next-Generation Sequencing Product Offered
2.3.2.3 Date of Manufacturers Enter into Next-Generation Sequencing Market
2.4 Key Trends for Next-Generation Sequencing Markets & Products

3 Market Size by Manufacturers
3.1 Next-Generation Sequencing Production by Manufacturers
3.2 Mergers & Acquisitions, Expansion Plans

4 Next-Generation Sequencing Production by Regions

4.1 Global Next-Generation Sequencing Production by Regions
4.1.1 Global Next-Generation Sequencing Production Market Share by Regions
4.1.2 Global Next-Generation Sequencing Revenue Market Share by Regions
4.2 United States
4.2.1 United States Next-Generation Sequencing Production
4.2.2 United States Next-Generation Sequencing Revenue
4.2.3 Key Players in United States
4.2.4 United States Next-Generation Sequencing Import & Export
4.3 Europe
4.3.1 Europe Next-Generation Sequencing Production
4.3.2 Europe Next-Generation Sequencing Revenue

5 Next-Generation Sequencing Consumption by Regions

5.1 Global Next-Generation Sequencing Consumption by Regions
5.1.1 Consumption by Regions
5.1.2 Consumption Market Share by Regions
5.2 North America
5.2.1 North America Consumption by Application
5.2.2 North America Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Consumption by Application
5.3.2 Europe Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Consumption by Application
5.4.2 Asia Pacific Consumption by Countries
5.5.1 Central & South America) Consumption Drug Discovery Informatics Market by Application
5.5.2 Central & South America Consumption by Country

6 Market Size by Type
6.1 Production by Type
6.2 Revenue by Type
6.3 Price by Type

7 Market Size by Application
7.1 Overview
7.2 Global Next-Generation Sequencing Breakdown Dada by Application
7.2.1 Global Next-Generation Sequencing Consumption by Application
7.2.2 Global Next-Generation Sequencing Consumption Market Share by Application

8 Manufacturers Profiles
9 Production Forecasts
9.1 Next-Generation Sequencing Production and Revenue Forecast
9.1.1 Global Next-Generation Sequencing Production Forecast
9.1.2 Global Next-Generation Sequencing Revenue Forecast
9.2 Next-Generation Sequencing Production and Revenue Forecast by Regions
9.2.1 Global Next-Generation Sequencing Revenue Forecast by Regions
9.2.2 Global Next-Generation Sequencing Production Forecast by Regions
9.3 Next-Generation Sequencing Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Next-Generation Sequencing Production Forecast by Type
9.4.2 Global Next-Generation Sequencing Revenue Forecast by Type

10 Consumption Forecast
10.1 Next-Generation Sequencing Consumption Forecast by Application
10.2 Next-Generation Sequencing Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Next-Generation Sequencing Consumption Forecast by Regions
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Next-Generation Sequencing Consumption Forecast by Regions
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Next-Generation Sequencing Consumption Forecast by Regions
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Next-Generation Sequencing Consumption Forecast by Regions
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Next-Generation Sequencing Consumption Forecast by Regions
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa

11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Next-Generation Sequencing Sales Channels
11.2.2 Next-Generation Sequencing Distributors
11.3 Next-Generation Sequencing Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Key World Economic Indicators

13 Key Findings in the Global Next-Generation Sequencing Study

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer

Continue….

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Customization Service of the Report:

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Research Methodology

The report is based on data analysis strategies by skilled data analysts. The research methodology involves collecting and analyzing information to provide significant market predictions. Interviews with market influencers make primary research relevant and practical. The secondary method provides a direct insight into demand and supply. Both primary and secondary data collection methods are used, along with publicly available sources like annual reports and white papers, to provide a comprehensive understanding of the market. The report offers precise data analysis and a comprehensive market tour.

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