Market Overview

Global Next-Generation Sequencing (NGS) Market to 2024: Analysis by Technology, Product, Application, End-User and Region - ResearchAndMarkets.com

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The "Global
Next-Generation Sequencing (NGS) Market 2018-2024"
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The Global Next-Generation Sequencing market is estimated to witness a
CAGR of 18.6% during the forecast period 2018-2024.

The next-generation sequencing market by technology is segmented into
reversible terminator sequencing, ion semiconductor sequencing,
sequencing by ligation, single molecule real-time sequencing, nanopore
sequencing and others. Reversible terminator sequencing occupied a major
market share in 2017 and is expected to remain same during the
forecasted period.

The market by product type is segmented into instruments, consumables
and reagents and services. The services segment of the NGS market
includes data analysis services and sequencing services. Among various
application, consumables and reagents occupied the largest share in
2017, due to increased usage and need of consumables throughout the
sample preparation, library construction, and various other
pre-requisite steps of next-generation sequencing.

The market by application is segmented into diagnostics, biomarker
discovery, drug discovery, agriculture and animal research and others.
Diagnostics includes prenatal testing, cancer diagnostics, genetic
screening, pre-implantation, HLA typing and various other clinical
diagnostics applications. The diagnostics application occupied a major
share in 2017, due to increasing usage of next-generation sequencing for
disease diagnosis.

The market by end-users is segmented into academic and research
institutes, hospitals and clinics, biotech and pharma companies and
others. Among various end-users of the NGS market, academic and research
institutes occupied a major share in 2017.

Market Dynamics

Drivers

  • Usage of Sequencing in Wide Range of Diagnostic Applications
  • High Speed, Accuracy and Reduced Sequencing Cost

Opportunities

  • Emerging Applications of Next-Generation Sequencing
  • Evolution of Personalized Medicine

Restraints

  • Complications Associated With NGS Data Storage
  • Lack of Skilled Professional

Companies Featured

  • Agilent Technologies Inc.
  • Beijing Genomics Institute
  • Biomatters Limited
  • DNASTAR Inc.
  • Eurofins Scientific
  • F. Hoffmann-La Roche
  • Illumina Inc.
  • Oxford Nanopore Technologies Limited
  • Pacific Biosciences of California
  • Qiagen N.V.
  • Thermo Fisher Scientific Inc.

Key Topics Covered

1 Industry Outlook

2 Report Outline

3 Market Snapshot

4 Market Outlook

5 Market Characteristics

6 Technology: Market Size & Analysis

7 Product: Market Size & Analysis

8 Applications: Market Size & Analysis

9 End-User: Market Size & Analysis

10 Regions: Market Size and Analysis

11 Competitive Landscape

12 Vendor Profiles

13 Companies to Watch For

For more information about this report visit https://www.researchandmarkets.com/research/lntlss/global?w=4

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