New York, NY -- (SBWire) -- 11/16/2018 --In technology, sequencing by synthesis (SBS) segment is anticipated to move with a highest CAGR during forecast period. Diagnostics in application segment holds the largest share and is expected to grow at highest CAGR during forecast period. Research institutions held the largest market share in end user segment. North America dominates the global next generation sequencing market followed by Europe owing to rising government support towards research and development. Asia pacific is expected to grow at a faster rate during the forecast period due to the unmet market demand and increasing investments for development of healthcare.
According to Research, the Global Next Generation Sequencing market is estimated at $3.41 billion in 2015 and is expected to reach $13.50 billion by 2022 growing at a CAGR of +21.73% from 2015 to 2025.
The growing adoption of sequencing technologies in clinical applications and low cost DNA sequencing are likely to drive the market growth. However, factors such as accuracy and standardization issues and lack of skilled labor are inhibiting the market growth. The rise in personalize medicine and cloud computing are likely to create more opportunities for this market during the forecast period.
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Some of the key players in the market include Roche Holding Ag, Qiagen N.V., Knome, Inc., Perkinelmer, Inc., Partek, Inc., Pacific Biosciences, Oxford Nanopore Technologies, Ltd., Macrogen Inc., Life Technologies Corporation, Illumina, Inc., Genomatix Software GmbH, GATC Biotech Ag., Eurofins Scientific, DNASTAR Inc., Biomatters, Ltd., Beijing Genomics Institute and Agilent Technologies, Inc.
The report for Worldwide Next Generation Sequencing Market incorporates essential research close by the extensive investigation of emotional and in addition quantitative points of view by various industry pros, key supposition pioneers to pick up the more profound comprehension of the market and industry execution. The report gives the sensible photo of the present market situation which incorporates legitimate and anticipated market estimate as far as regard and volume, innovative progression, macroeconomic and overseeing factors in the market. The report gives nitty gritty statistics and strategies of the best key players in the business. The report furthermore gives an expansive investigation of the unmistakable market segments and zones.
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The impressive measure of market data that is accessible about any market, when all is said in done, make it a harsh assignment to limit it down to the most noteworthy points of interest and estimations appropriate to the business issues nearby. Numerous organizations could do not have the truly necessary dedicated properties and the exact abilities required for gathering an across the board statistical surveying. Concentrated statistical surveying approaches help organizations in plainly deciding the most basic hazard factors in the market that should be estimated for operational basic leadership.
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Table of Contents
Global Next Generation Sequencing Market Research Report 2018
Chapter 1 Global Next Generation Sequencing Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Next Generation Sequencing 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
Next Generation Sequencing – Global Market to Grow Significantly from USD 4.93 Billion in 2017 to USD 17.44 Billion in 2024, at a CAGR of +21.73% from 2018 to 2025
According to Research, the Global Next Generation Sequencing market is estimated at $3.41 billion in 2015 and is expected to reach $13.50 billion by 2022 growing at a CAGR of +21.73% from 2015 to 2025.