NGS Services Market: Growth With Industry Study To 2020 – 2026 | Top Players- Macrogen Inc., DNA Link,Genotypic Technology Pvt Ltd.
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Competitive analysis conducted in this reliable NGS Services report puts light on the moves of the key players in the NGS Services industry such as new product launches, expansions, agreements, joint ventures, partnerships, and recent acquisitions. The industry analysis report puts forth an array of market insights which help with the more precise understanding of the market landscape, issues that may impose on the industry in the future, and how to position specific brands in the best way. The global NGS Services Market research report offers market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer preferences and buying patterns, market demand and supply scenarios.
Summary of the Report
The market would gain significant growth rate during the forecast period of 2019 to 2026 reaching a substantial market size by 2026. The market has been analyzed taking into considerations the different factors which includes the market drivers, restraints, opportunities, key competitor landscape, trend analysis, outlook, estimate and forecast factors.
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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Major Key Players of the NGS Services Market
Illumina BGI, Eurofins Scientific, PerkinElmer, Macrogen, DNA Link Genotypic Technology Pvt Ltd, WuXi AppTec, GENEWIZ, Takara Bio, 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 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.
- 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
- 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
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Geographical Coverage of NGS Services Market
- Europe: Russia, France, UK, Italy, UK, Germany, Others
- North America: Mexico, U.S., and Canada,
- Asia Pacific: South Korea, China, Singapore, India, Taiwan,Japan, Others
- Rest of the World (RoW): Africa, Middle East,South America & Central America
Segmentation: Global NGS Services Market
- Targeted Sequencing/Gene Panels
- De Novo Sequencing
- Exome Sequencing
- Whole-genome Sequencing
- Other Services
- Sequencing by Synthesis (SBS)
- Ion Semiconductor Sequencing
- Single-Molecule Real-time (SMRT) Sequencing
- Nanopore Sequencing
- Reproductive Health
- Infectious Diseases
- Rare Genetic Disorders
- 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)
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Key Pointers of the Report
- The NGS Services Market estimation from 2019 to 2026 has been provided in the report covering all the aspects that would impact the market growth
- Trend analysis has been also mentioned under the scope of the report
- NGS Services Market share analysis of the key players of the market have been provided in the report
- NGS Services Market drivers, restraints and opportunities have been extensively covered under the scope of the study
Additional Pointers of the Report:
Given below are some of the added key points of the report:
- SWOT Analysis
- PEST Analysis
- Value Chain Analysis
- Market Attractiveness Analysis
- Porter’s Five Analysis
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