Press release
DNA Next Generation Sequencing Market Thundering US$ 22,716.9 million in 2025 with Business Market Insights- Macrogen Inc, Qiagen N.V., Beijing Genomics Institute, PerkinElmer, Inc., Oxford Nanopore Technologies Ltd.
The DNA Next Generation Sequencing Market was valued at US$ 4,898.5 million in 2017 and it is projected to reach US$ 22,716.9 million in 2025; it is expected to grow at a CAGR of 21.7% from 2018 to 2025.Next-generation sequencing (NGS), also known as high-throughput sequencing. NGS enables rapid sequencing of the base pairs in DNA samples. NGS is driving discovery and enabling the future of personalized medicine, genetic diseases, and clinical diagnostics. The growth of the global DNA next generation sequencing market is attributed to the increases in cancer prevalence, technological development and decreasing price of sequencing. However, risk associated with the genetic data, dearth of skilled professionals and high cost of equipment are the major factor hindering the market growth.
In the recent years, next generation sequencing price have declined substantially. For instance, first whole human genome sequencing cost over US$3.7 billion in 2000 and took 13 years for the completion. However, the costs for the same in recent years has reduces to US$1,000 and the process requires less number of days. In 2000, cost for sequencing was US$ 3.7 billion, which dropped down to US$ 10 million in 2006 and declined to US$ 5,000 in 2012. Major market players such as Illumina and Roche have introduced breakthrough technologies that have enabled in the cost and time reduction in the sequencing.
(**Note: The sample of this report is updated with COVID-19 impact analysis**)
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The DNA Next Generation Sequencing Market Analysis Report includes Top Companies: –
• Illumina, Inc.
• Thermo Fisher Scientific
• Qiagen N.V.
• Beijing Genomics Institute
• PerkinElmer, Inc.
• F.Hoffman- La Roche Ltd.
• Agilent Technologies
• Eurofins Scientific
• Oxford Nanopore Technologies Ltd.
• Macrogen Inc
Global DNA 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
Whole Genome Sequencing Services
Targeted Sequencing Services
Chip Sequencing Services
Other Sequencing Services
o Data Management & Analysis Services
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 Other Platforms
Global DNA Next Generation Sequencing Market – by Application
• Diagnostics
• Drug Discovery
• Precision Medicine
• Other Applications
Global DNA Next Generation Sequencing Market – by End- User
• Academic & Research Institutes
• Pharmaceutical & Biotechnology Companies
• Hospitals & Clinics
• Other End Users
This research report represents a 360-degree overview of the competitive landscape of the Global DNA Next Generation Sequencing Market. Furthermore, it offers massive data relating to recent trends, technological advancements, tools, and methodologies. The research report analyzes the Global DNA Next Generation Sequencing Market in a detailed and concise manner for better insights into the businesses.
Regional Analysis For DNA Next Generation Sequencing Market:
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This report provides:
• Comprehensive assessment of all opportunities and risk in the DNA Next Generation Sequencing market.
• DNA Next Generation Sequencing market recent innovations and major events.
• Detailed study of business strategies for growth of the DNA Next Generation Sequencing market-leading players.
• Conclusive study about the growth plot of DNA Next Generation Sequencing market for forthcoming years.
• In-depth understanding of DNA Next Generation Sequencing market-particular drivers, constraints and major micro markets.
• Favorable impression inside vital technological and market latest trends striking the DNA Next Generation Sequencing market.
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Furthermore, the report encompasses the key strategic developments of the DNA Next Generation Sequencing market comprising new product launch, research & development, partnerships, acquisitions & mergers, collaborations & joint ventures agreements, and regional growth of main players in the market on the global and regional basis.
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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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