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Next Generation Sequencing (NGS) Market is Projected to Reach USD 28.9 by 2033, With a CAGR of 20.4% from 2025 to 2033 | Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Bio-Rad Laboratories, Inc.

01-29-2025 11:09 AM CET | Health & Medicine

Press release from: DataM Intelligence 4 Market Research LLP

Next Generation Sequencing (NGS) Market

Next Generation Sequencing (NGS) Market

The Global Next Generation Sequencing (NGS) Market reached USD 6.9 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 28.9 billion by 2033. The global next generation sequencing (NGS) market is expected to exhibit a CAGR of 20.4% during the forecast period 2025-2033.

The Next Generation Sequencing Ngs market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://datamintelligence.com/download-sample/next-generation-sequencing-ngs-market

Next-generation sequencing (NGS) is a high-throughput DNA sequencing technology that enables rapid, accurate, and cost-effective analysis of genetic material. NGS allows for the simultaneous sequencing of millions of DNA fragments, providing comprehensive insights into genomics, transcriptomics, and epigenomics, and is widely used in research, diagnostics, and personalized medicine.

Forecast Growth Projected:

The Global Next Generation Sequencing Ngs Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2033. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

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List of the Key Players in the Next Generation Sequencing Ngs Market:

Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd, Revvity (PerkinElmer Inc.), Illumina, Inc., PacBio, DNASTAR, BGI Group and Qiagen

Industry Development:

In June 2023, Pre Check Health Services Inc., a CLIA-licensed and CAP-accredited molecular diagnostics company, introduced the "Pre Check Comprehensive Cancer Panel," an NGS-based assay. This new service will be available to hospitals, pathologists, oncologists, clinics, and healthcare organizations in South Florida and beyond. High-throughput sequencing techniques have revolutionized cancer diagnosis and categorization.

In May 2023, Thermo Fisher Scientific Inc. and Pfizer partnered to expand the availability of next-generation sequencing (NGS)-based testing for lung and breast cancer in over 30 countries across Latin America, the Middle East, Africa, and Asia, where genomic testing had been limited.

In April 2023, Agilent Technologies Inc. launched the Sure Select Cancer CGP Assay, designed for somatic variant profiling across various solid tumor types. The pan-cancer NGS panel covers 679 genes selected in collaboration with leading cancer researchers, enhancing tumor molecular profiling availability for clinical research.

Research Methodology

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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Segment Covered in the Next Generation Sequencing Ngs Market: CCC

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Next Generation Sequencing Ngs Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Germany, Russia, France, Italy, Spain, Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, Australia, Rest of Asia Pacific)

⇥ South America (Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

Speak to Our Senior Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/next-generation-sequencing-ngs-market

Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Next Generation Sequencing Ngs market?

➠ Who are the global key manufacturers of the Next Generation Sequencing Ngs Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Next Generation Sequencing Ngs market opportunities and threats faced by the vendors in the global Next Generation Sequencing Ngs Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Next Generation Sequencing Ngs market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

Contact Us -

Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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