Next Generation Sequencing (NGS) Market is forecasted to grow at 19.60% for 2019 to 2026, where factors such as legal and ethical concerns related to NGS along with increased standardization of NGS based diagnostic processes are acting as restraints for the market growth.
Next generation sequencing (NGS) market will be dominated by North America in terms of market share while Europe is expected to account for the second largest share in the next generation sequencing (NGS) market. This market share of North America is caused by the increase in the volume of genomics and diagnostic research activities involving NGS technology.
According to Data Bridge Market Research, next generation sequencing (NGS) market is being driven by the increasing reduction rate in terms of costing for NGS installation and implementation in different applications, developing and imposing various reimbursement policies and regulations to improve the overall scenario for next generation sequencing technology and market as a whole.
Next generation sequencing (NGS) allows for the users to diagnose and research different expressions and sequencing in a highly cost-effective manner which provides researchers with better capabilities in terms of efficiency, scalability and ultra-high throughput with the implementation of this technology. This technology allows for study of different forms of biological systems at an advanced level.
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In November 2019, QIAGEN announced the availability of new workflow under their “QIAseq NGS” product portfolio. The workflow will provide one-day preparation of DNA and RNA libraries simultaneously with the help of next generation sequencing (NGS) technologies. The latest “QIAseq Multimodal Panels” which can be used to detect DNA variants, RNA fusions and gene expression levels all from a single sample with just 10 ng nucleic acid input.
Global Next Generation Sequencing (NGS) Market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel, Rest of Middle East and Africa (MEA).
All country based analysis of the next generation sequencing (NGS) market is further analysed based on maximum granularity into further segmentation. On the basis of product & service, the market is segmented as pre-sequencing products & services, NGS consumables, platforms & services for platforms, sequencing services and NGS data analysis, storage & management (bioinformatics). Technology has been segmented into sequencing by synthesis, ion semiconductor sequencing, single-molecule real-time sequencing, nanopore sequencing and other sequencing technologies. Application has been segmented as diagnostics, drug discovery, agricultural & animal research and other applications. End user has been categorized as academic institutes & research centers, hospitals & clinics, pharmaceutical & biotechnology companies and other end users.
Next generation sequencing (NGS) is the method of carrying out millions of sequencing reactions in a parallel form enabling a greater volume of throughput for these sequencing reactions. This technology enables highly effective and resource efficient methods for different forms of sequencing processes. These methods are carried out to understand the nucleic acid sequences in a DNA and RNA sample.
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Key Pointers Covered in the Next Generation Sequencing (NGS) Market Industry Trends and Forecast to 2026
Key Market Competitors Covered in the report
Above are the key players covered in the report to know about more and exhaustive list of next generation sequencing (NGS) companies, contact us https://www.databridgemarketresearch.com/reports/global-next-generation-sequencing-ngs-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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