Global NGS Services Market at a CAGR of 21.5% during the forecast to 2024 | Major Players-Illumina, Inc., Genotypic Technology Pvt Ltd, QIAGEN, Macrogen, Inc., Eurofins Scientific, PerkinElmer Inc., Personalis Inc., Thermo Fisher Scientific Inc.

Global NGS Services Market report analyzes and estimates the general drivers of the market in the form of consumer demand, government policy and demand associated with consumer buying patterns and therefore market growth and development. Global NGS Services Market report is also useful when a new product is launched on the market or the company is distributed on a regional or global basis. In addition, the report analyzes common market conditions such as price of the product, profit, capacity, production, supply, demand, and growth rate of the market, giving businesses a hand in deciding multiple strategies. The Global NGS Services Market report conducted SWOT analysis and many other standard steps of data research, analysis and collection.

The key players of the market are making moves like product launches, joint ventures, developments, mergers and acquisitions which is affecting the market and NGS Services industry as a whole and also affecting the sales, import, export, revenue and CAGR values. Furthermore, this report attempts to determine the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. This Global NGS Services Market report utilizes expertise solutions and potential capabilities that help to grow your business and thrive in the market.

Market Analysis: Global NGS Services Market

The global NGS services market accounted to USD 870.0 million in 2016 growing at a CAGR of 21.5% during the forecast to 2024.

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Major Market Competitors: 

Some of the major players operating in global NGS services market are- BGI, GATC Biotech AG, Illumina, Inc., Genotypic Technology Pvt Ltd, QIAGEN, Macrogen, Inc., Eurofins Scientific, PerkinElmer Inc., Personalis Inc., Thermo Fisher Scientific Inc., Biomatters Limited, Strand Life Sciences Pvt. Ltd, Helicos BioSciences Corporation, Bio-Rad Laboratories, Inc., Novogene Corporation, SciGenom Labs Pvt. Ltd, TAKARA HOLDINGS INC., Kohlberg Kravis Roberts & Co. L.P., GENEWIZ, Agilent Technologies, Genomatix GmbH, Pacific Biosciences of California, Inc., F. Hoffmann-La Roche Ltd, DNASTAR, Inc., and New England Biolabsamong others.

Market Definition: 

Next generation sequencing is a technique of DNA sequencing for the extraction of the exact order of nucleotides in a DNA molecule. Next generation sequencing is preferred for the rapid sequencing and produces number of DNA molecules and RNA sequences using next generation sequencer. Next generation sequencing is a cost effective and gives high throughput for DNA sequencing as compared to the old Sanger’s sequencing method.

Market Segmentation: 

By technique the global NGS services market is segmented into nanopore sequencing, ion semiconductor sequencing, single-molecule Real Time (RT) sequencing, and sequencing by synthesis.

  • On the basis of service, the global NGS services market is segmented into RNA-sequencingDe Novo sequencing, exome sequencing, targeted resequencing gene panels, chip-seq, whole-genome seq, and methyl-seq and others.
  • On the basis of application, the global NGS services market is segmented into drug discovery, biomarker discovery, diagnostics, agriculture & animal research and others. The diagnosis segment is further sub-segmented into infectious diseases, rare genetic disorders, oncology, reproductive health, and other diagnostic applications.
  • On the basis of end-user, the global NGS services market is segmented into hospitals, clinics, pharmaceutical & biotechnology companies, academic & research institutes, and government research centers.
  • On the basis of geography, global NGS services market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis: 

The global NGS services market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of NGS services market for global, Europe, North America, Asia Pacific and South America.

Major market drivers and restraints:

  • Deteriorating Cost of Sequencing
  • Technological Developments
  • Sequencing Services, the less required option for NGS Applications
  • Requirement for Skilled Professionals for Effective NGS Sample Preparation and Analysis
  • Growing Applications in Cancer and Agrigenomics Research
  • Setup of In-House Sequencing Amenities in Universitiesand Hospitals
  • Moral Concerns Related to NIPT

Table of Contents:

Sections 1. Industry Synopsis of Global NGS Services Market

Sections 2. Global NGS Services Market Size by Type and Application

Sections 3. Global NGS Services Market Organization Producers analysis and Profiles

Sections 4. Global NGS Services Market Analysis by key traders

Sections 5. Development Status and Outlook of Health/Medical tourism Market in the United States.

Sections 6. Europe Global NGS Services Market Report Development Status and Outlook

Sections 7. Japan Global NGS Services Market Industry Report Development Status and Outlook

Sections 8. China Global NGS Services Market Report Development Status and Outlook

Sections 9. India Global NGS Services Market Development Status and Outlook

Sections 10. Southeast Global NGS Services Market Improvement Status and Outlook

Sections 11. Global NGS Services Market Figure by Areas, Applications, and Sorts

Sections 12. Global NGS Services Market Dynamics

Sections 13. Global NGS Services Market Factors Analysis

Sections 14. Research Findings and Conclusions of Global NGS Services Market

Sections 15. Appendix.

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About Data Bridge Market Research 5126 Articles
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