Global Next Generation Sequencing Market 2018-2025 Analysis by Technologies, Types, Key Player’s Competition, Growth Factors, Demand, Opportunities, Current Trends & Forecast
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Global Next Generation Sequencing Market 2018-2025
The Next Generation Sequencing 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.
In our study, we have segmented the Next Generation Sequencing Market by product, service, application and end-users. The products considered in the study are platform, services, and consumables. The platform segment is further segmented as Hiseq, Miseq, Solid, ION Torrent, Pacbio Rs II & Sequel Systems.
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The sub-segment of Services is further divided as sequencing services and data management & analysis services. Consumables is further bifurcated as sample preparation consumables, library preparation & target enrichment kits & reagents, and quality control kits & reagents. The services segment is classified as genome sequencing. Exome sequencing, Resequencing & Targeted Sequencing and other services.
The applications of next generation sequencing covered in the report include, diagnostics, drug discovery, precision medicine, and others. The end-users of next generation sequencing is classified as academic & research institutes, pharmaceutical & biotechnology companies, hospitals & clinics, and others.
The growth of Next Generation Sequencing Market is attributed to the substantial decline in the prices of sequencing. For example, the cost of sequencing in 2006 was around US $ 10 billion, which eventually dropped down to US$ 5,000 billion in 2012.
Various market players such as Roche and Illumina have introduced sequencing techniques which have reduced the cost associated with sequencing. However, there are risks associated with genetic data which prove to be a major restraint in the market for next generation sequencing. One of the prominent risk associated is targeted marketing of drugs to individuals and family groups. Genetic data is also sold by companies to outside parties. For instance, 23andMe sold access to its database to around 13 other party pharmaceutical firms. Such risks associated with genetic data is likely to hamper growth of the market over the coming years. Recent developments in technologies has enabled companies to produce sequencing in a single day at the cost of about $15 per sample. It results in effective delivery of target and whole genome data for thousands of samples at a reasonable cost.
The market for next generation sequencing has witnessed remarkable growth opportunities in North America. Factors such as increasing focus of market players in the US and Canada, grants & funds by NIH in US and rising prevalence of Cancer in Mexico is likely to boost the growth of NGS market in North America.
The market for next generation sequencing consists of well-recognized organizations as well as emerging companies namely; PerkinElmer, Inc., Oxford Nanopore Technologies, Ltd., Beijing Genomics Institute, F. Hoffmann-La Roche AG, Eurofins Scientific, Agilent Technologies, Qiagen N.V., Thermo Fisher Scientific, Macrogen, Inc., and Illumina, Inc. among others
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The List of Companies mentioned in the Next Generation Sequencing Market :
Illumina, Inc.
Thermo Fisher Scientific, Inc.
Qiagen N.V.
Beijing Genomics Institute
Perkinelmer, Inc.
Hoffmann-La Roche AG
Agilent Technologies
Eurofins Scientific
Oxford Nanopore Technologies, Ltd.
Macrogen, Inc.
Some Points from Table of Contents:
Chapter 1 Introduction
1.1 Scope Of Study
1.2 The Insight Partners Research Report Guidance
Chapter 2 Key Takeaways
Chapter 3 Next Generation Sequencing Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Next Generation Sequencing Market – By Product
3.2.2 Next Generation Sequencing Market – By Technology
3.2.3 Next Generation Sequencing Market – By Application
3.2.4 Next Generation Sequencing Market – By End User
3.2.5 Next Generation Sequencing Market – By Region
3.3 PEST Analysis
Chapter 4 Next Generation Sequencing Market – Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis
Chapter 5 Next Generation Sequencing Market Analysis- Global
5.1 Global Next Generation Sequencing Market Overview
5.2 Global Next Generation Sequencing Market Forecasts And Analysis
5.3 Market Positioning/Market Share
5.4 Performance Of Key Players
5.5 Expert Opinions
5.6 Clinical Trials Analysis
Chapter 6 Next Generation Sequencing Market Revenue And Forecasts To 2025 – Product
6.1 Overview
6.2 Product Market Forecasts And Analysis (US$ Mn)
6.3 Platforms Market
6.4 Services Market
6.5 Consumables Market
Chapter 7 Next Generation Sequencing Market Revenue And Forecasts To 2025 – Technology
7.1 Overview
7.2 Technology Market Forecasts And Analysis (US$ Mn)
7.3 Genome Sequencing Market
7.4 Exome Sequencing Market
7.5 Resequencing & Targeted Sequencing Market
7.6 Other Sequencing Technologies Market
Chapter 8 Next Generation Sequencing Market Revenue And Forecasts To 2025 – Applications
8.1 Overview
8.2 Application Market Forecasts And Analysis
8.3 Diagnostics Market
8.4 Drug Discovery Market
8.5 Precision Medicine Market
8.6 Other Applications Market
Chapter 9 Next Generation Sequencing Market Revenue and Forecasts to 2025 – End User
… Continued
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