Market Overview

Global Next Generation Sequencing (NGS) Market Analysis, Growth, Trends & Forecast 2018-2023, With an Expected CAGR of 19.5% -


The "Global
Next Generation Sequencing (NGS) Market - Segmented by Sequencing Type,
Product, End User, Application, and Geography - Growth, Trends, and
Forecast (2018 - 2023)"
report has been added to's

The global next generation sequencing market is expected to register a
CAGR of 19.5% during 2018 to 2023 (the forecast period).

The increasing applications in clinical diagnosis is one the major
factors responsible for the growth of this market. In the recent years,
technologies, such as Illumina/Solexa, ABI/SOLiD, 454/Roche, and
Helicos, have provided unique prospects for high-throughput functional
genomic research. Its applications in the diagnosis includes a variety
of illnesses, such as cancer, hematological disorders, neurology,
psychiatry, dysmorphology, vision and hearing impairment, cardiology,
and pharmacogenomics.

Other factors, such as the speed, cost and accuracy of NGS, efficient
replacement for traditional technologies like microarrays, and rise in
drug discovery applications demanding NGS technology, are also
contributing to the growth of the next-generation sequencing market.

Ethical and legal discussions have always been part of medical research.
Funding agencies and journals often submit genomic data from research
participants to their databases - this allows investigators to control
data. Giving such access, risks the identity of the individuals or
families. The data and samples are sent from the databases without the
consent of the participant, putting them at risk. The unidirectional
flow of data out of the system creates a sense of exploitation and
distrust. Therefore, the legal and ethical issues hinder the growth of
the next-generation sequencing market.

Companies Mentioned

  • Agilent Technologies
  • Dnastar Inc.
  • F. Hoffmann-La Roche Ltd
  • Gatc Biotech Ag
  • Illumina Inc.
  • Macrogen Inc.
  • Pacific Biosciences Of California Inc.
  • Perkinelmer Inc.
  • Qiagen
  • Thermo Fisher Scientific Inc.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview

6. Drivers, Restraints, Opportunities and Challenges Analysis (DROC)

7. Market Segmentation

8. Competitive Landscape

9. Key Players

10. Future of the Market

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