New York, NY -- (SBWire) -- 04/02/2020 --Next-Generation Sequencing (NGS) is the sequencing of thousands and millions of DNA molecule at the same time. The powerful platform is transforming medical domains, such as genetic diseases, personalized medications, and clinical diagnostics by providing high throughput with abilities to sequence multiple people simultaneously. Several types of next-generation sequencing machines have been launched in the previous decade, which permit huge parallel sequencing reactions. Every machine efficiently analyzes billions of sequencing reactions altogether. Even though different machines operate with different technical capabilities, they share a few common characteristics.
Market Industry Reports (MIR) has published a new report titled "Next-generation sequencing (NGS) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global Next-Generation Sequencing (NGS) market is estimated to be over US$ 4.0 Bn in 2017. It is anticipated to grow at a CAGR of 18.8% from 2019 to 2030.
Major Key Players of the Next-generation sequencing (NGS) Market are:
Agilent Technologies, 10x Genomics, Beckman Coulter (A Subsidiary of Danaher), Becton, Dickinson and Company, Eurofins Scientific, Pacific Biosciences of California, Inc., BGI, Illumina, Inc., F. Hoffmann-La Roche AG, among others.
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The continual growth in the clinical application of NGS, as well as sequencing of whole or targeted genomes, has presented a bright prospect for the growth of the global Next-Generation Sequencing (NGS) market. Reduction of costs associated with sequencing has further led to the wide-scale application of such techniques.
The advent of NGS has led to significant changes in the scientific approach utilized for both clinical and research applications. Both RNA & DNA sequencing has been proven to be extremely useful for studying evolutionary relationships, mutation, sequence variation and other vital information associated with genes. The clinical applications of which has been pivotal in diagnosing germline diseases and understanding the genetic basis of various hereditary or chronic diseases among others. The growing incidences of several clinical ailments have directly contributed to the extensive adoption of NGS and other sequencing techniques, to obtain a better understanding of the diseases and formulate necessary therapies for the same.
Major Types of Next-generation sequencing (NGS) Market covered are:
Pre-Sequencing Products & Service
Sequencing Services
Data Analysis
Storage, and Management
Major Applications of Next-generation sequencing (NGS) Market covered are:
Diagnostics
Drug Discovery
Research objectives:-
– To study and analyze the global Next-generation sequencing (NGS) consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Next-generation sequencing (NGS) market by identifying its various sub-segments.
– Focuses on the key global Next-generation sequencing (NGS) manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Next-generation sequencing (NGS) with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Next generation sequencing (NGS) Market Size
2.2 Next generation sequencing (NGS) Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Next generation sequencing (NGS) Market Size by Manufacturers
3.2 Next generation sequencing (NGS) Key Players Head office and Area Served
3.3 Key Players Next generation sequencing (NGS) Product/Solution/Service
3.4 Date of Enter into Next generation sequencing (NGS) Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Next generation sequencing (NGS) Sales by Product
4.2 Global Next generation sequencing (NGS) Revenue by Product
4.3 Next generation sequencing (NGS) Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Next generation sequencing (NGS) Breakdown Data by End User
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In the end, Next generation sequencing (NGS) industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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Next Generation Sequencing (NGS) Market Dynamics and Forecast from 2019-2030 - Agilent Technologies, 10x Genomics, Beckman Coulter
Next-Generation Sequencing (NGS) market is estimated to be over US$ 4.0 Bn in 2017. It is anticipated to grow at a CAGR of 18.8% from 2019 to 2030.