Next Generation Sequencing (NGS) Market to Witness an Outstanding Growth During 2019-2030 - Agilent Technologies, 10x Genomics, Beckman Coulter
Next Generation Sequencing (NGS) Market to Witness Robust Expansion Throughout the Forecast Period 2019 – 2030
New York, NY -- (SBWire) -- 02/21/2020 --Next generation sequencing (NGS) also known as high-throughput sequencing technique that enables scientists and researchers to sequence and assemble short DNA sequences. Next generation sequencing technologies has brought significant changes in the sequencing process by providing high throughput, speed, flexibility and reduced sequencing cost. NGS can generate hundreds of nucleotide sequence data in a single sequencing run when programmed. The NGS technology has grown rapidly owing to its growing adoption in clinical applications in whole genomes or targeted genomes sequencing. Also the cost of sequencing has reduced leading to usage of next generation sequencing in variety of clinical applications. The NGS technology has clinical applications in field like cancer, inherited genetic disorders, identification of infectious diseases and cancer related disorders.
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 clinical application of NGS as well as sequencing of whole or targeted genomes has presented a bright prospect for the growth of global Next Generation Sequencing (NGS) market. Reduction of costs associated with sequencing has further led to 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 have 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 has directly contributed to the extensive adoption of NGS and other sequencing techniques, to obtain 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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