Global Next Generation Products Market, By Product (Products And Services, Consumables, Platforms), Technology (Sequencing By Synthesis, Ion Semiconductor Sequencing, Single-Molecule Real-Time Sequencing, Nano Pore Sequencing, Other Sequencing Technologies), Application (Diagnostics, Drug Discovery, Agriculture And Animal Research, Other Applications), End User (Academic Institutes And Research Centers, Hospitals And Clinics, Pharmaceutical And Biotechnology Companies, Other End Users), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Next Generation Products Market
The next generation products market is expected to be growing at a growth rate of 30.5% in the forecast period of 2021 to 2028. The next generation products market report analyses the growth, which is currently being growing because of the progresses of the next generation products platforms.
Next generation products are a technology in which millions and billions of DNA strands can be sequenced through massive parallelization. This method is also called as high amount sequencing. Next generation products minimize the necessity for fragment-cloning procedures utilized in Sanger sequencing of genomes.
Factors such as the developments of the next generation products platforms, ISEQ, ION gene studio S5, declining the costs, the improvising regulatory and reimbursement scenario for next generation products -based diagnostic tests, the end-user budget limitations in rising countries are the factors expected to most likely to impede the growth of the next generation products market in the coming years. The administration and the private encouragement for the large-scale sequencing, implementations of the next generation products in the accuracy medicine and molecular diagnostics, the next generation products data analysis utilizing big data, the explanation of complex data from next generation products platforms, and the ethical issues are the factors anticipated to further challenge the growth of the next generation products market in the near future.
This next generation products market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the next generation products market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Next Generation Products Market Scope and Market Size
The next generation products market is segmented on the basis of product, technology, application and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on the product, the next generation products market is segmented into products and services, consumables, platforms. Products and services is further sub segmented into library preparation and target enrichment, quality control. Consumables is further sub segmented into illumine, thermo fisher scientific, pacific biosciences, services for platforms, sequencing services, bioinformatics. Illumina is further sub segmented into hiseq systems, hiseq x ten & hiseq x five, miseq systems, nextseq systems, miniseq systems, novaseq systems, iseq 100 systems. Thermo fisher scientific is further sub segmented into ion pgm systems, ion proton systems, ion genestudio s5 systems. Pacific biosciences is further sub segmented into pacbio rs ii systems, sequel systems
- Based on the technology, the next generation products market is segmented into sequencing by synthesis, ion semiconductor sequencing, single-molecule real-time sequencing, nanopore sequencing, and other sequencing technologies.
- Based on the application, the next generation products market is segmented into diagnostics, drug discovery, agriculture and animal research, other applications. Diagnostics is further sub segmented into cancer diagnostics, reproductive health diagnostics, infectious disease diagnostics, and other diagnostic applications.
- Based on the end user, the next generation products market is segmented into academic institutes and research centers, hospitals and clinics, pharmaceutical and biotechnology companies, other end users
Next Generation Products Market Country Level Analysis
The next generation products market is analysed and market size, volume information is provided by country, product, technology, application and end-user as referenced above.
The countries covered in the next generation products market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the next generation products market because of the existence of several clinical laboratories that utilize the next generation products to provide the genetic testing services. Furthermore, the growth and the launch of novel products by key companies which will further boost the growth of the next generation products market in the region during the forecast period. Asia Pacific is anticipated to observe significant amount of growth in the next generation products because of the presence of local companies are the factors are further expected to propel the growth of the next generation products market in the region in the forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Next Generation Products Market Share Analysis
The next generation products market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the next generation products market.
The major players covered in the next generation products market report are Illumina, Inc., Thermo Fisher Scientific, Inc., BGI Group, PerkinElmer Inc., Macrogen, Hamilton Company, Lucigen, Intrexon Bioinformatics GmbH, Partek Incorporated, DNASTAR, Inc., DNAnexus, SciGenom Labs Pvt. Ltd., GENEWIZ, Takara Bio Inc., Eurofins Scientific, 10x Genomics, F. Hoffmann-La Roche Ltd., Becton Dickinson and Company, Danaher, Lexogen GmbH, Tecan Trading AG, Zymo Research, Oxford Nanopore Technologies, Agilent Technologies, Inc., QIAGEN., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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