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Global Next-Generation Sequencing (NGS) Market (COVID – 19 Updates) 2020 to See Stunning Growth Worldwide, Leading Players -BGI, Eurofins Scientific, PerkinElmer Inc., Macrogen Inc., DNA Link, Inc

Global Next-Generation Sequencing (NGS) Market

DBMR has added a new report titled Global Next-Generation Sequencing (NGS) Market with data Tables for historical and forecast years represented with Chats & Graphs spread through Pages with easy to understand detailed analysis. This Global Next-Generation Sequencing (NGS) Market report underlines the specific study of the industry which explains what the market definition, classifications, applications, engagements, and global industry trends are. The market data analysed and evaluated in this Global Next-Generation Sequencing (NGS) Market report makes you achieve the business goals and objectives in preset time frame. It highlights a wide-ranging evaluation of the market’s growth prospects and restrictions. This report is very useful to all sizes of business which makes it simpler to take informed decisions regarding different facets of industry. Global Next-Generation Sequencing (NGS) Market report truly acts as a backbone to the business.

Global Next-Generation Sequencing (NGS) Market is registering a healthy CAGR of 19.60  in the forecast period of 2019-2026. This rise in the market can be attributed to the continuous advancement in NGS technology and upsurge in applications of NGS.

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Key Market Competitors:

Few of the major market competitors currently working in the global next generation sequencing (NGS) market are Illumina, Inc., BGI, Eurofins Scientific, PerkinElmer Inc., Macrogen Inc., DNA Link, Inc., Genotypic Technology Pvt Ltd, WuXi AppTec, GENEWIZ, Takara Bio Inc., SciGenom Labs Pvt. Ltd, Theragen Etex Co., Ltd., LGC Biosearch Technologies, Oxford Gene Technology, Sysmex Inostics, Zymo Research, Source BioScience, Novogene Corporation, among others.

Unlock new opportunities in Global Next-Generation Sequencing (NGS) Market; the latest release from Data Bridge Market Research highlights the key market trends significant to the growth prospects, Let us know if any specific players or list of players needs to consider to gain better insights.

A skilful set of analysts, statisticians, research experts, forecasters, and economists work carefully to build this Global Next-Generation Sequencing (NGS) Market research report for the businesses seeking a prospective growth. These parameters mainly include latest trends, market segmentation, new market opening, industry forecasting, target market analysis, future directions, opportunity identification, strategic analysis, insights and innovation. This market research report makes you knowledgeable about strategic analysis of mergers, expansions, acquisitions, partnerships, and investment. Global Next-Generation Sequencing (NGS) Market research analysis lends a hand to businesses for the planning of production, product launches, costing, inventory, purchasing and marketing strategies.

Competitive Analysis:

Global next generation sequencing (NGS) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of next generation sequencing (NGS) market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Segmentation:-

Global Next-Generation Sequencing (NGS) Market By Product & Service (Pre-Sequencing Products & Services, NGS Consumables, Platforms, & Services for Platforms, Sequencing Services, NGS Data Analysis, Storage, and Management), Technology (Sequencing By Synthesis, Ion Semiconductor Sequencing, Single-Molecule Real-Time Sequencing, Nanopore Sequencing, Other Sequencing Technologies), Application (Diagnostics, Drug Discovery, Agricultural & Animal Research, Other Applications), End User (Academic Institutes & Research Centers, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Other End Users), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Definition: 

NGS means next-generation sequencing; it is also known as massively parallel sequencing technology. NGS allows researchers to research on various applications including speed, scalability, and ultra-high throughput and also study biological systems at a next level. NGS allows researchers to rapidly sequence whole genomes.

Table of Contents-Snapshot
– Executive Summary
Chapter 1 Industry Overview
Chapter 2 Industry Competition by Manufacturers
Chapter 3 Industry Production Market Share by Regions
Chapter 4 Industry Consumption by Regions
Chapter 5 Industry Production, Revenue, Price Trend by Type
Chapter 6 Industry Analysis by Applications
Chapter 7 Company Profiles and Key Figures in Industry Business
Chapter 8 Industry Manufacturing Cost Analysis
Chapter 9 Marketing Channel, Distributors and Customers
Chapter 10 Market Dynamics
Chapter 11 Industry Forecast
Chapter 12 Research Findings and Conclusion
Chapter 13 Methodology and Data Source

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Market Drivers

  • Continuous technological advancement in NGS platform is driving the market growth
  • Reducing price of NGS installation is another factor helping in market growth
  • Proper reimbursement and improving regulatory scenario are flourishing the market growth
  • Upsurge in applications of next generation sequencing drives the growth of the market

Market Restraints

  • Less number of skilled personnel hinders the market growth
  • Rising concern about standardization of NGS based diagnostics hampers the market growth
  • Legal and ethical restrictions will act as market restraints

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Key Developments in the Market:

  • In July 2019, Biodesix, Inc. and Thermo Fisher Scientific have entered into an agreement to provide next-generation sequencing assay for blood-based companion diagnostic solutions in cancer. It is yet to be approved by Food and Drug Administration of the U.S. This agreement will help cancer patient by focusing on NGS-based solution.
  • In June 2019, Agendia declared the open access study validating use of MammaPrint and BluePrint molecular diagnostics using next-generation sequencing technology for targeted RNA.  This will help to understand the complexities of early stage breast cancer and treatment strategies.

Reasons to Purchase this Report

  • Current and future of global next generation sequencing (NGS) market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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