Next Generation Sequencing (NGS) Market 2020-2026 is Growing So Rapidly || Leading Players –Illumina, Inc., BGI, Eurofins Scientific, PerkinElmer Inc., Macrogen, Inc., DNA LINK, Genotypic Technology Pvt Ltd
Data Bridge Market Research has recently added a concise research on the Next Generation Sequencing (NGS) Market – Industry Trends and Forecast to 2026. Next-Generation Sequencing (NGS) Market research report has been prepared with a nice combination of industry insight, smart solutions, practical solutions and newest technology to give better user experience. Under the market segmentation chapter, research and analysis is done based on several market and industry segments such as application, vertical, deployment model, end user, and geography. To perform this market research study, competent and advanced tools and techniques have been utilized that include the SWOT analysis and Porter’s Five Forces Analysis. Businesses can surely anticipate the reduced risk and failure with the winning Next Generation Sequencing (NGS) Market research report.
The reliable Next Generation Sequencing (NGS) Market report also explains an in depth description, competitive scenario, wide product portfolio of key vendors and their business strategies with the help of SWOT analysis and porter’s five force analysis. The market drivers and restraints have been explained specifically in the report. The statistics are indicated in graphical format in the report for a clear understanding of facts and figures. The report entails a variety of steps for gathering, recording and analysing data. A persuasive Next Generation Sequencing (NGS) Market report assesses the potential market for a new product to be introduced in the market.
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Next Generation Sequencing (NGS) Market is forecasted to grow at 19.60% for 2019 to 2026, where factors such as legal and ethical concerns related to NGS along with increased standardization of NGS based diagnostic processes are acting as restraints for the market growth.
Next generation sequencing (NGS) market will be dominated by North America in terms of market share while Europe is expected to account for the second largest share in the next generation sequencing (NGS) market. This market share of North America is caused by the increase in the volume of genomics and diagnostic research activities involving NGS technology.
Key Market Competitors:
Few of the major market competitors currently working in the global next generation sequencing (NGS) market are 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.
Market Definition: Global Next Generation Sequencing (NGS) Market
NGS means next-generation sequencing; it is also known as massively parallel sequencing technology. NGS allows researchers to research on various applications including speed, scalability, and ultra-high throughput and also study biological systems at a next level. NGS allows researchers to rapidly sequence whole genomes.
- Continuous technological advancement in NGS platform is driving the market growth
- Reducing price of NGS installation is another factor helping in market growth
- Proper reimbursement and improving regulatory scenario are flourishing the market growth
- Upsurge in applications of next generation sequencing drives the growth of the market
- Less number of skilled personnel hinders the market growth
- Rising concern about standardization of NGS based diagnostics hampers the market growth
- Legal and ethical restrictions will act as market restraints
Next Generation Sequencing (NGS) Market Scenario
According to Data Bridge Market Research, next generation sequencing (NGS) market is being driven by the increasing reduction rate in terms of costing for NGS installation and implementation in different applications, developing and imposing various reimbursement policies and regulations to improve the overall scenario for next generation sequencing technology and market as a whole.
Next generation sequencing (NGS) allows for the users to diagnose and research different expressions and sequencing in a highly cost-effective manner which provides researchers with better capabilities in terms of efficiency, scalability and ultra-high throughput with the implementation of this technology. This technology allows for study of different forms of biological systems at an advanced level.
Next Generation Sequencing (NGS) Market Developments
In November 2019, QIAGEN announced the availability of new workflow under their “QIAseq NGS” product portfolio. The workflow will provide one-day preparation of DNA and RNA libraries simultaneously with the help of next generation sequencing (NGS) technologies. The latest “QIAseq Multimodal Panels” which can be used to detect DNA variants, RNA fusions and gene expression levels all from a single sample with just 10 ng nucleic acid input.
Scope of the Next Generation Sequencing (NGS) Market
Next Generation Sequencing (NGS) Market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel, Rest of Middle East and Africa (MEA).
Next generation sequencing (NGS) is the method of carrying out millions of sequencing reactions in a parallel form enabling a greater volume of throughput for these sequencing reactions. This technology enables highly effective and resource efficient methods for different forms of sequencing processes. These methods are carried out to understand the nucleic acid sequences in a DNA and RNA sample.
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Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Chapter 2: Executive Summary
Chapter 3: Industry Insights
Technological and innovation landscape
Above are the key players covered in the report to know about more and exhaustive list of next generation sequencing (NGS) companies, contact us @ https://www.databridgemarketresearch.com/toc/?dbmr=global-next-generation-sequencing-ngs-market
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