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NGS Library Preparation Market worth $6.53 billion by 2030, growing at a CAGR of 14.85% - Exclusive Report by 360iResearch
NGS Library Preparation Market | 360iResearch
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NGS (Next-Generation Sequencing) Library Preparation involves several critical processes, including sample extraction, fragmentation, end-repair, adapter ligation, amplification, and purification, to ensure high-quality sequencing data. This preparation phase is essential in converting DNA or RNA samples into compatible formats for sequencing platforms by transforming nucleic acids into short fragment collections tagged with unique adapters. Necessities include creating representative, unbiased sequencing libraries suitable for high-throughput platforms to enhance efficiency, reduce errors, and ensure reproducibility. Applications span clinical diagnostics, such as cancer genomics and infectious disease testing, extensive genomics research, agricultural genomics for crop improvement, and pharmaceuticals for drug discovery and pharmacogenomics. End-users comprise hospitals, clinics, academic and research institutes, biotech and pharmaceutical companies, and agricultural research entities. Influential growth factors include technological advancements, the rising demand for personalized medicine, increasing genetic disorder cases, government funding, and strategic collaborations. Potential opportunities lie in emerging markets, technological innovations, expanding applications, and faster regulatory approvals. Recommendations focus on R&D investment in library preparation kits and automation tools, strategic partnerships with biotech firms, market penetration in emerging regions, and customer education on advanced techniques. Limitations include high costs, technical complexity, standardization issues, and data management challenges. Challenging factors encompass regulatory constraints, ethical concerns, intense competition, and integration barriers. Innovation areas include automation and miniaturization of preparation systems, single-cell sequencing advancements, multi-omics integration, cost reduction research, and real-time sequencing exploration. The market is characterized by rapid advancements, a high degree of competition, the need for precision medicine, extensive research applications, and significant investments shaping the market dynamics. Companies must focus on innovation, cost reduction, and simplifying technological complexities to stay competitive.
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Market Segmentation & Coverage:
This research report categorizes the NGS Library Preparation Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Products, market is studied across Instruments, Kits, and Reagents & Consumables.
Based on Application, market is studied across Diagnostics, Drug & Biomarker Research, and Precision Medicine.
Based on End-User, market is studied across Academic & Research Institutes, Biotechnology & Pharmaceutical Companies, and Hospitals & Clinical Diagnostic Centers.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the NGS Library Preparation Market, highlighting leading vendors and their innovative profiles. These include Thermo Fisher Scientific Inc., Illumina, Inc., Eurofins Scientific, BGI Genomics Co., Ltd., Agilent Technologies, Inc., 10x Genomics, Inc., Becton, Dickinson and Company, Danaher Corporation, Macrogen Co., Ltd., Dnastar, Inc., Pacific Biosciences of California, Inc., F. Hoffmann-La Roche Ltd., PerkinElmer, Inc., Merck KGaA, and New England Biolabs, Inc..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. NGS Library Preparation Market, by Products
7. NGS Library Preparation Market, by Application
8. NGS Library Preparation Market, by End-User
9. Americas NGS Library Preparation Market
10. Asia-Pacific NGS Library Preparation Market
11. Europe, Middle East & Africa NGS Library Preparation Market
12. Competitive Landscape
13. Competitive Portfolio
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