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NGS Library Preparation Market is growing at a CAGR of 14.8% in the forecast period (2024-2031)

10-14-2024 06:51 AM CET | Health & Medicine

Press release from: SkyQuest Technology Group

NGS Library Preparation Market

NGS Library Preparation Market

The decreasing costs of sequencing, the rising incidence of genetic disorders, the growing use of NGS in diagnostics, and the rising amount spent on R&D and healthcare are all driving the market for NGS library preparation. Additionally, this market is anticipated to benefit significantly from the growing number of applications for next-generation sequencing and the growing number of businesses working together to develop library preparation protocols. The Research report on NGS Library Preparation Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

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NGS Library Preparation Market size was valued at USD 3.15 billion in 2019 and is poised to grow from USD 3.62 billion in 2023 to USD 10.91 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).

The manual preparation of the NGS library takes a lot of time and effort, and it requires a lot of experience and attention to detail. However, researchers are now able to save valuable man-hours by utilizing automated and robotic library preparation solutions. Additionally, sequencing library preparation can be automated to increase throughput, reduce hands-on time, and minimize errors.

Market Segmentation:

The NGS Library preparation market is segmented on the basis of product, application, sequencing type, end user and region.

By product is sub segmented into the Reagents & Consumables, Instruments & Workstations.
By Application is sub segmented into the Disease Diagnostics, Drug Discovery, Other Applications.
By Sequencing type is sub segmented into the Targeted Genome Sequencing, Whole Genome Sequencing, Whole Exome Sequencing, Other Sequencing Types.
By end user is sub segmented into the Hospitals & Diagnostic Laboratories, Pharmaceutical and Biotechnology Companies, Academic Institutes & Research Centres, Others End Users.
The region is segmented on the basis of North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

NGS Library Preparation Market Top Players Company Profiles

Illumina, Inc.
Thermo Fisher Scientific Inc.
Agilent Technologies Inc.
Qiagen N.V.
F. Hoffmann-La Roche AG
PerkinElmer Inc.
Bio-Rad Laboratories, Inc.
Oxford Nanopore Technologies Ltd.
Beckman Coulter Inc.
Becton, Dickinson and Company
Fluidigm Corporation
Pacific Biosciences of California Inc.
New England Biolabs Inc.
Hamilton Company
Tecan Group Ltd.
Takara Bio Inc.
Swift Biosciences Inc.
Genohm SA
Kapa Biosystems, Inc.
WaferGen Bio-systems, Inc.

To establish the important thing traits, Ask Our Experts @ https://www.skyquestt.com/speak-with-analyst/ngs-library-preparation-market

Essential regions of the NGS Library Preparation market are:

• NGS Library Preparation North America Market includes (Canada, Mexico, USA)
• NGS Library Preparation Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• NGS Library Preparation Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• NGS Library Preparation South America Market includes (Brazil, Argentina)

FAQs: -

1. What are the sales, production, consumption, imports, and exports of the global market (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
2. Who are the major manufacturers who dominate the world market?
3. What are their current capacity, production, sales, pricing, cost, gross, and revenue operating levels?
4. What are the market's risks and opportunities?

What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global NGS Library Preparation industry.

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Objectives of the Study:

• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
• To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
• To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market

Looking ahead, the NGS Library Preparation Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global NGS Library Preparation Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.

Browse Complete Report NGS Library Preparation Market 2024 for Better Understanding - https://www.skyquestt.com/report/ngs-library-preparation-market

Table of Contents

Global NGS Library Preparation Market Research Report 2024-2031
Chapter 1 NGS Library Preparation Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global NGS Library Preparation Market Forecast
...

Contact Us:

SkyQuest Technology
1 Apache Way, Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.

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