Advancements in NGS platforms will boost the NGS sample preparation market, forecast to reach US$ 2.8 Billion at a CAGR of 16%
Noida, Uttar Pradesh, India, February 25 2021 (Wiredrelease) Report Ocean Pvt Ltd –:Global NGS Sample Preparation Market is estimated to see healthy growth, pegged at a CAGR of ~16% during the forecast period 2020-2026. Factors such as NGS platforms’ advancements, reduced cost of sequencing, and improved reimbursement scenarios for NGS-based diagnostic tests drive this market’s growth. However, while the NGS costs have reduced to some extent, they have not reached a level where broad adoption across developing countries can be achieved. This is a necessary restraint for market growth.
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With the sequencing technologies improvements for the capacity expansion, the sample preparation protocols’ boundaries are also being pushed. Efficient pre-sequencing steps such as library preparation and target enrichment lead to the generation of high-quality, accurate sequencing data. Continuous innovations in NGS sample preparation have led to the availability of standardized sample preparation protocols, thereby significantly driving the NGS sample preparation market.
With the generation of large datasets, the tracking and organization of sequencing sample data have become a significant challenge in most large-scale laboratories. Therefore, the electronic solutions development to manage NGS samples has pushed the market growth. These electronic solutions comprise information management software such as spreadsheets, automation, electronic lab notebooks (ELNs), and whole laboratory information management systems (LIMSs). Besides, tagging NGS samples with genetic (DNA) barcodes during library preparation lets efficient tracing of sample reads to the original sample types.
The development of integrated and automated informatics and mechanical protocols has brought about automation in NGS sample preparation. Automation has significantly impacted the NGS sample preparation market’s growth as it improves sequencing speed & capacity and sample tracking. Automated robots can effortlessly find reagents and operate on the sample following the system requirements. Besides, cameras and lasers installed in the system quickly locate pieces at each step during sequencing.
Global companies are also focused on enhancing the speed of quality library preparation. Therefore, key players are engaged in developing efficient sample preparation protocols that ensure the success of sequencing irrespective of the input. PerkinElmer has used artificial intelligence to improve the overall NGS workflow. The company’s IntelliChip technology minimizes variance, and standard deviation for different assay runs to optimize the overall process.
Segmentation Overview of the Global NGS Sample Preparation Market
The NGS sample preparation market has been segmented into Workflow, Application, and End-Use. These major market segments are further categorized into various sub-segments to study the market in detail.
By Workflow Outlook (NGS Library Preparation Kits, Semi-automated Library Preparation, Automated Library Preparation, Clonal Amplification)
By Application Outlook (Oncology, Clinical Investigation, Reproductive Health, HLA Typing/Immune System Monitoring, Metagenomics, Epidemiology & Drug Development, Agrigenomics & Forensics, Consumer Genomics)
By End-Use Outlook (Academic Research, Clinical Research, Hospitals & Clinics, Pharma & Biotech Entities, Other Users)
Key Players Insights
Agilent Technologies., BGI, Biomatters Ltd., Bio-Rad Laboratories, Inc., Congenica Ltd, DNASTAR, Eurofins Scientific, F. Hoffmann-La Roche Ltd, Foundation Medicine, Genomatix GmbH, Illumina, Macrogen, Myriad Genetics, Oxford Nanopore Technologies, Partek Incorporated, Quest Diagnostics Incorporated, and Thermo Fisher Scientific, among others, are some significant players included in the research study of the global NGS sample preparation market.
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