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Next Generation Sequencing Market- COVID-19 Impact and Global Analysis Forecast By PerkinElmer, Oxford Nanopore Technologies, Beijing Genomics Institute, Macrogen, F. Hoffmann-La Roche AG,

09-16-2020 03:45 PM CET | Health & Medicine

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
Next Generation Sequencing Market

Next Generation Sequencing Market

A report by The Insight Partner's on the global Next Generation Sequencing market discusses the growth of the market in great detail. It discusses thoroughly all factors promoting and deterring the market. The report also focuses on the competitive dynamics in the market by monitoring the strengths and weaknesses of prominent contributors and their key products.

Next Generation Sequencing provide the ability for remote medical diagnosis and remote medical care in the home, which is particularly important for the growing ageing society, which may require assisted living. Satellite connectivity can also assist in the gathering of data to predict and track disease progression and associated risks of outbreaks.

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The next generation sequencing market is expected to reach US$ 26,501.25 Mn in 2025 from US$ 5,731.28 Mn in 2017. The market is estimated to grow with a CAGR of 21.1% from 2018-2025.

What’s included

Market Dynamics
Competitive Analysis
Market Trends And Market Outlook
Market Share And Market Size
Opportunities And Customer Analysis
Product Pricing Research

Company Profiles

Illumina, Inc.
Thermo Fisher Scientific
Qiagen N.V.
Beijing Genomics Institute
PerkinElmer, Inc.
F. Hoffmann-La Roche Ltd.
Agilent Technologies, Inc.
Eurofins Scientific
Oxford Nanopore Technologies, Ltd.
Macrogen, Inc.

Research report has been compiled by studying the market in-depth along with drivers, opportunities, restraints & other strategies as well as new-developments that can help a reader to understand the exact situation of the market along with the factors that can limit or hamper the market growth and the report also has been updated with Impacts & effects of Coronavirus pandemic and how it has influenced consumer behavior & the growth of the market as well as industries.

Market Insights

Declining Price of Sequencing

In recent years, the next generation sequencing price has declined substantially. For instance, the first whole human genome sequencing cost above US$3.7 billion in 2000 and took 13 years for fulfilment. However, the costs for the same in recent years have reduced to US$ 1,000, and the process needs fewer days. In 2000, the price for sequencing was US$ 3.7 billion, which fell to US$ 10 million in 2006 and reduced to US$ 5,000 in 2012. Significant companies such as Illumina and Roche have launched advanced technologies that have allowed in the cost and time reduction in the sequencing. Owing to factors such as advancement in the field of genomics, development in different methods and strategies for sequencing, a notable decline in the cost of sequencing.

Product Insights

The next generation sequencing market based on product is segmented into consumables, services, and platforms. In 2017, the consumables segment held the most significant market share of the next generation sequencing, by product. The segment is further anticipated to command the market in 2025 by product as the consumers widely accept the consumables offered by various companies, and it provides accuracy and precision in the preparation of the NGS. Moreover, the consumers segment is anticipated to witness the fastest growth rate during the forecast period, 2018 to 2025.

Technology Insights

The next generation sequencing market on the basis of technology is segmented into genome sequencing, exome sequencing, resequencing & targeted sequencing and others. In 2017, the resequencing & targeted sequencing segment held a largest market share of the next generation sequencing market, by technology. Furthermore, the resequencing & targeted sequencing segment is anticipated to witness the fastest growth rate during the forecast period, 2018 to 2025.

Global Next Generation Sequencing Market – By Product

• Consumables
o Sample Preparation Consumables
 DNA fragmentation, End Repair, A-Tailing, and Size Selection Kits & Reagents
 Library Preparation & Target Enrichment Kits & Reagents
 Quality Control Kits & Reagents
o Other NGS Consumables
• Services
o Sequencing Services
 RNA sequencing Services
 Whole Genome Sequencing Services
 Whole Exome Sequencing Services
 Targeted Sequencing Services
 Chip Sequencing Services
 Other Sequencing Services
o Data Management & Analysis Services
 NGS Data Analysis
 NGS Data Analysis Software & Workbenches
 Other Data Management & Analysis Services
• Platforms
o HiSeq Series
o MiSeq Series
o SOLiD
o Ion Torrent
o Pacbio Rs II and Sequel Systems
o Others

Global Next Generation Sequencing Market – By Technology

• Genome Sequencing
• Exome Sequencing
• Resequencing & Targeted Sequencing
o DNA-based Resequencing & Targeted Sequencing
o RNA-based Resequencing & Targeted Sequencing
• Others

Global Next Generation Sequencing Market – By Component

• Diagnostics
• Drug Discovery
• Precision Medicine
• Others

Global Next Generation Sequencing Market – By End User

• Academic & Research Institutes
• Pharmaceutical & Biotechnology Companies
• Hospitals & Clinics
• Others

The COVID-19 outbreak is currently going the world over, the Next Generation Sequencing Market report covers the impact of the corona-virus on top company’s growth. This research report categorizes as the key players in the Next Generation Sequencing market and also gives a comprehensive study of Covid-19 impact analysis of the market by regions like (Americas, Europe APAC, and EMEA).

The report offers key drivers that propel the growth in the global Next Generation Sequencing market. These insights help market players in devising strategies to gain market presence. The research also outlined the restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining the potential in untapped regions.
This report focuses on the global Next Generation Sequencing market with the future forecast, growth opportunity, key market, and key players. The study objectives are to present the Next Generation Sequencing market development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.

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Contact us: –
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

About us: –
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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