Global Next Generation Sequencing (NGS) market report gives detailed explanation of the estimations about the existing state of the market, market size and market share, revenue generated from the product sale, and necessary changes required in the future products are given in an appropriate way. A swiftly transforming market place increases the value of market research report and hence Next Generation Sequencing (NGS) market report has been created in a way that you anticipate. Skilled analysts, statisticians, research experts, enthusiastic forecasters, and economists work together meticulously to structure such a great market research report for the businesses seeking a potential growth. This team is focused on understanding client’s businesses and its needs so that the finest market research report has been dispatched to the client.
Data Bridge Market Research analyses that the market is growing with a CAGR of 17.1% in the forecast period of 2022 to 2029 and is expected to reach USD 29,307.13 million by 2029.
Market Overview
High-throughput sequencing, most widely regarded as the "next-generation" sequencing (NGS), is now integrated into routine clinical practice due to the numerous technical and functional developments, while early protocols relied on samples harvested outside of typical workflows in clinical pathology, standard formalin-fixed, paraffin-embedded specimens which can be used more regularly as starting material for NGS. In addition, protocols are being amassed for the analysis and interpretation of NGS data, as well as knowledge bases, allowing clinicians to act more easily on genomic information at the patient care point. The presence of wide range of products of the next generation sequencing used in the diagnosis of chronic diseases is satisfying the need of the healthcare facilities. The increased technological advancement leads to development of highly efficient next generation sequencing (NGS) in the market.
Some of the major companies which are dealing in the next generation sequencing (NGS) are Agilent Technologies, Inc., ThermoFisher Scientific, Inc., QIAGEN, Illumina, Inc., Bio-Rad Laboratories, Inc., Roche Sequencing (A subsidiary of F. Hoffman La Roche), BGI (A subsidiary of BGI Group), Oxford Nanopore Technologies plc, MACROGEN CO., LTD., DNASTAR, Geneious, Partek, Incorporated, PerkinElmer Inc., Takara Bio Inc., bioMérieux SA, Pacific Biosciences of California, Inc., GENEWIZ, 10x Genomics, New England Biolabs, Hamilton Company among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Next Generation Sequencing (NGS) Market Country Level Analysis
The next generation sequencing (NGS) market is analyzed and market size information is provided by the product, application and end user as referenced above.
The countries covered in the next generation sequencing (NGS) market report are the U.S., Canada and Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Turkey, Austria, Ireland, and Rest of Europe, China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines and rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Israel, Egypt and rest of Middle East and Africa, Brazil, Argentina, and rest of South America.
Instrument segment in the U.S. is expected to grow with the highest growth rate in the forecast period of 2022 to 2029 because of the presence of large number of manufacturer which are delivering instrument to various research labs and others. Instrument segment in Germany is expected to grow due to the high technology laboratory facilities in and adoption of latest technology in the country. Instrument segment in China is expected to grow due to the fact that it has large number of genomic centers and local player for providing products in China.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 04: Next Generation Sequencing (NGS) Market Sizing
Part 05: Next Generation Sequencing (NGS) Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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