Next Generation Sequencing Market Analysis and Clinical Aspect Review till 2025

Next-generation sequencing (NGS), is also known as high-throughput sequencing. NGS enables rapid sequencing of the base pairs in DNA or RNA samples. NGS is driving discovery and enabling the future of personalized medicine, genetic diseases, and clinical diagnostics. However, in this research study, the products of NGS have been classified into three broad segments consumables, services, and platforms. The growth of the Next-generation sequencing in the healthcare market is attributed to the increases in cancer prevalence, rise in funds and grants, the focus of industry players, and various meetings, conferences, and workshops among others, are likely to propel the market growth.

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"The next generation market is estimated to account for US$ 26,501.2 Mn by the end of 2025, escalating at a CAGR of 21.1% during the forecast period from 2018 to 2025, rising from US$ 5,731.3 Mn in 2017."

Top Companies in the Next Generation Sequencing Market include:

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

Next Generation Sequencing Market Split by Product Type and Applications:

This report segments the Next Generation Sequencing Market on the basis of Types are:

• Platforms
• Services
• Consumables

On the basis of Application, the Next Generation Sequencing Market is segmented into:

• Diagnostics
• Drug Discovery
• Precision Medicine
• Other

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The scope of the Report:

The report segments the regional Next Generation Sequencing Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the regional Next Generation Sequencing Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

Some of the crucial questions answered in the professional intelligence study on Next Generation Sequencing market include:

-Which key regions are likely to have the largest share of the Next Generation Sequencing market?
-What are the potential obstacles for new players looking to enter the market?
-What changes has consumer buying behaviour observed during the Covid-19 pandemic?
-Which end consumer industries are likely to drive the demand in the Next Generation Sequencing market during the forecast period?
-Which countries are among the main consumers or manufacturers of the Next Generation Sequencing market?
-What are the threats and opportunities for stakeholders and market players?
-Which regions offer lucrative investment opportunities for industry players in the Next Generation Sequencing Market?
-What is the type of competition in the market?
-Which large established companies have the largest share of the Next Generation Sequencing market?
-What strategies are these key players pursuing to maintain their dominant position in the Next Generation Sequencing market?

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This release was published on openPR.