Next Generation Sequencing (NGS) Market Growth, Trends & Analysis 2024-2031 | Top key players - Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd.

The latest report published by DataM Intelligence highlights the growth prospects of Next Generation Sequencing (NGS) market. The industry expansion is majorly driven by developments in technology across the globe.

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?sz

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 2031. The global next generation sequencing (NGS) market is expected to exhibit a CAGR of 20.4% during the forecast period 2024-2031.

Next Generation Sequencing (NGS) refers to advanced DNA sequencing technologies that allow rapid, high-throughput analysis of genetic material. By enabling precise and cost-effective genome mapping, NGS is transforming fields like genomics, personalized medicine, and diagnostics. It's widely used in research, disease detection, and drug development, offering insights into genetic variations, disease mechanisms, and potential treatments.

Competitive Evaluation:

Companies covered in this report are 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 among Others.

The Next Generation Sequencing (NGS) Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.

Key Development

On June 8, 2023, PreCheck Health Services Inc., a CLIA-licensed and CAP-accredited molecular diagnostics company, introduced an NGS-based assay called the "PreCheck Comprehensive Cancer Panel." This new assay is designed to assist hospitals, pathologists, oncologists, clinics, and healthcare organizations in South Florida and beyond. The panel utilizes high-throughput sequencing techniques, marking a significant advancement in cancer detection and classification.

On May 9, 2023, Thermo Fisher Scientific Inc. and Pfizer announced a collaboration aimed at improving the availability of next-generation sequencing (NGS)-based testing for lung and breast cancer. This initiative targets over 30 countries across Latin America, the Middle East, Africa, and Asia, where advanced genomic testing was previously limited or unavailable.

Make an Enquiry for purchasing this Report @ https://www.datamintelligence.com/enquiry/next-generation-sequencing-ngs-market

Next Generation Sequencing (NGS) Market Segments

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

By Product Type: Reagents and Consumables, Instruments, Others.

By Application: Agriculture and Animal Research, Drug Discovery, Diagnostics, Genetic Screening, Others.

By Technology: Chip Sequencing, De Novo Sequencing, RNA Sequencing, Methyl Sequencing, Others.

By End User: Academics, Biotechnology and Pharmaceutical Firms, Hospitals and Healthcare Institutions, Services, Others.

Regional Assessment:

Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for Next Generation Sequencing (NGS) market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.

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

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

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

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

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

In terms of geographical analysis, Next Generation Sequencing (NGS) Market report provides an in-depth view of:-

∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies

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

This report provides a 360-degree synopsis of the competitive scenario of the Next Generation Sequencing (NGS) industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.

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

Browse More Reports: https://www.datamintelligence.com/research-report/next-generation-sequencing-ngs-market

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.

This release was published on openPR.