NGS Services Market Expected to Witness High Growth over the Forecast to 2026 By Top Prominent Key Players: Illumina, Inc., BGI, Eurofins Scientific, PerkinElmer Inc., Macrogen Inc., DNA Link, Inc., Genotypic Technology Pvt Ltd, WuXi AppTec, GENEWIZ, Takara Bio Inc., SciGenom Labs Pvt. Ltd, Theragen Etex Co. Ltd.
Data Bridge Market Research has recently published the Global research Report Titled NGS Services Market. The study provides an overview of current statistics and future predictions of the Global NGS Services Market. The study highlights a detailed assessment of the Market and displays market sizing trends by revenue & volume (if applicable), current growth factors, expert opinions, facts, and industry validated market development data.
Global NGS services market is registering a healthy CAGR of 21.50% in the forecast period of 2019-2026. This rise in the market can be attributed to the low cost of sequencing and due to the advancement in NSG technologies. NGS services across various end users are increasing due to these factors.
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The Global NGS Services Market research report assembles data collected from different regulatory organizations to assess the growth of the segments. In addition, the study also appraises the global NGS Services market on the basis of topography. It reviews the macro- and microeconomic features influencing the growth of the NGS Services Market in each region. Various methodological tools are used to analyze the growth of the worldwide NGS Services market.
Prominent Key Players – Covered in the report:
Illumina, Inc., BGI, Eurofins Scientific, PerkinElmer Inc., Macrogen Inc., DNA Link, Inc., Genotypic Technology Pvt Ltd, WuXi AppTec, GENEWIZ, Takara Bio Inc., SciGenom Labs Pvt. Ltd, Theragen Etex Co., Ltd., LGC Biosearch Technologies, Oxford Gene Technology, Sysmex Inostics, Zymo Research, Source BioScience, Novogene Corporation among others.
Major Regions as Follows:
North America (USA, Canada and Mexico)
Europe (Germany, France, the United Kingdom, Netherlands, Russia , Italy and Rest of Europe)
Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia, rest of countries etc.)
Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria and South Africa)
Market Definition: Global NGS Services Market
NGS means next-generation sequencing; it is also known as massively parallel sequencing technology. NGS enables researchers to perform a wide variety of applications such as scalability, speed and ultra-high throughput and study biological systems at a level never before possible. NGS allows researchers to rapidly sequence whole genomes.
Market Drivers
- High accuracy & speed, low cost and precise results are driving this market
- Reducing the price of sequencing is helping the growth of the market
- Adoption of NGS by academic institutes and research laboratories are also driving the growth of the market
- Technological advancement in NGS technologies is fueling the market growth
Market Restraints
- Installation in hospitals and universities of in-house sequencing facilities hinders the growth of the market
- Surging ethical issues related to this field is expected to restrict the growth of the market
A complete value chain of the global NGS Services market is presented in the research report. It is associated with the review of the downstream and upstream components of the NGS Services Market. The market is bifurcated on the basis of the categories of products and customer application segments. The market analysis demonstrates the expansion of each segment of the global NGS Services market. The research report assists the user in taking a decisive step that will be a milestone in developing and expanding their businesses in the global NGS Services market.
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How Does This Market Insights Help?
- NGS Services Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR
- Key parameters which are driving this market and restraining its growth
- What all challenges manufacturers will face as well as new opportunities and threats faced by them
- Learn about the market strategies that are being adopted by your competitors and leading organizations
- To gain insightful analyses of the market and have a comprehensive understanding of the “NGS Services Market” and its commercial landscape
Segmentation: Global NGS Services Market
By Type
- Targeted Sequencing/Gene Panels
- RNA-Seq
- De Novo Sequencing
- Exome Sequencing
- CHiP-Seq
- Whole-genome Sequencing
- Methyl-Seq
- Other Services
By Technology
- Sequencing by Synthesis (SBS)
- Ion Semiconductor Sequencing
- Single-Molecule Real-time (SMRT) Sequencing
- Nanopore Sequencing
By Application
- Diagnostics
- Oncology
- Reproductive Health
- Infectious Diseases
- Rare Genetic Disorders
- Others
- Drug Discovery
- Biomarker Discovery
- Microbial Genetics, Agriculture, and Animal Research
- Other Applications (Marine Research, Research in Biofuels, Forensic Medicine, Food Safety, and Phylogeographic & Phylogenetic Studies)
By End User
- Academic & Government Institutes and Research Centers
- Hospitals & Clinics
- Pharmaceutical & Biotechnology Companies
- Other End Users (NPOs, Agrigenomics Organizations, and Consumer Genomic Companies)
Key Pointers Covered in the NGS Services Market Industry Trends and Forecast to 2026
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Healthcare Outcomes
- Regulatory Framework and Changes
- Prices and Reimbursement Analysis
- Market Shares in different regions
- Recent Developments for Market Competitors
- Market upcoming applications
- Market innovators study
Reasons to Purchase this Report
- Current and future of global NGS Services market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Pipeline Analysis
Part 06: Market Sizing
Market Definition
Market Sizing
Market Size And Forecast
Part 07: Five Forces Analysis
Bargaining Power Of Buyers
Bargaining Power Of Suppliers
Threat Of New Entrants
Threat Of Substitutes
Threat Of Rivalry
Market Condition
Part 08: Market Segmentation
Segmentation
Comparison
Market Opportunity
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Market Drivers
Market Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Vendors Covered
Vendor Classification
Market Positioning Of Vendors
Part 16: Appendix
In conclusion, the NGS Services Market report is a reliable source for accessing the research data that is projected to exponentially accelerate your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis is also incorporated in the report along with speculation attainability investigation and venture return investigation.
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