“Global NGS Services Market-Industry Trends and Forecast to 2024” report constituting comprehensive research exceeds the speed of development in the market for its Forecast period. Report offering a quick overview, the report comprises the size and estimation of Global NGS Services Market while within the conjecture time frame. Furthermore, it highlights major conveying facets for its expansion in addition to established Global NGS Services Market players on the market alongside their market share and various market segments along with advancement and market trends.
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., 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, Thermo Fisher Scientific Inc., Biomatters Limited, Strand Life Sciences Pvt. Ltd, Helicos BioSciences Corporation, Bio-Rad Laboratories, Inc., DNASTAR, Inc.,and New England Biolabsamong others.
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.
By technique the global NGS services market is segmented intonanopore 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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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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- The report offers market share appraisals for regional and global levels
- To gain detailed overview of parent market
- Information about key drivers, restraints, opportunities, and their impact analysis on the market size has been provided.
- The study provides an in-depth analysis of the Global NGS Services Market and current & future trends to elucidate imminent investment pockets.
- Identify growth segments and opportunities in the industry
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