Next Generation Sequencing Market To Reach USD 19.12 Billion By 2026 | Reports And Data

Government initiatives for large scale NGS based projects, collaborations for technical advancements in NGS and declining costs are key factors contributing to high CAGR of next generation sequencing market during the forecast period.

New York City, United States - July 2, 2020 /MarketersMedia/ —

The Next Generation Sequencing Market Report by Reports and Data provides an extensive overview of the vital elements of the Next Generation Sequencing market and factors such as drivers, restraints, latest trends, supervisory scenario, competitive landscape, technological advancements, and others. The report proposes a full-fledged solution for all your business needs and helps in understanding the overall dynamics of the market. The market report offers an in-depth evaluation of all aspects that are expected to impact the growth of the market in a constructive way.

This is the latest report covering the current COVID-19 scenario. The coronavirus pandemic has greatly affected every aspect of the worldwide industry. It has brought along various changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact are covered in the research report. The report discusses all the major aspects of the market with expert opinions on the current status along with historical data.

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Key players mentioned in the research report are:
Illumina, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Pacific Biosciences of California, Inc. (U.S.), Oxford Nanopore Technologies, Ltd. (U.K.), BGI (China), PerkinElmer (U.S.), Agilent Technologies (U.S.), QIAGEN N. V. (Germany), Macrogen Inc. (South Korea), and Eurofins Scientific (Luxembourg), collectively constituting a competitive market

In terms of applications, the global Next Generation Sequencing market can be segmented into:
Diagnostics
Cancer Diagnostics
Infectious Disease Diagnostics
Reproductive Health Diagnostics
Other Diagnostic Applications
Drug Discovery
Agricultural and Animal Research
Other Applications

In terms of Technology, the global Next Generation Sequencing market can be segmented into:
Sequencing by Synthesis (SBS)
Ion Semiconductor Sequencing
Single-molecule Real-time Sequencing (SMRT)
Nanopore Sequencing
Other Technologies

The Next Generation Sequencing Market is analyzed on the basis of dynamics of demand and supply, pricing, total volume produced, revenue generated, and others. The manufacturing is studied on the basis of several factors such as manufacturing plant distribution, industry production, production capacity, and research and development. It also delivers accurate market evaluations with the use of SWOT analysis, investment analysis, returns analysis, and growth trend analysis, and others.

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For geographical segmentation, regional supply, application-wise, and type-wise demand, key players, and others, this report covers the following regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The report sheds light on the competitive landscape of the market that covers the product offerings, services, market shares, and business overview. This Next Generation Sequencing Market research report covers various dynamic aspects like the market drivers, restraints and challenges, and growth prospects. The prominent and leading companies are profiled in the report.

Further key findings from the report suggest

• NGS platforms segment is expected to grow with a CAGR of 14.7% during the forecast period. Consumables remains the chief revenue generating segment in global next generation sequencing market
• Diagnosis of complex diseases, whole-genome sequencing, analysis of epigenetic modifications, mitochondrial sequencing, transcriptome sequencing, and exome sequencing, are among the key applications of NGS contributing to the market growth
• The volume of data generated from sequencing has significantly increased as a result of wide scale use of next generation sequencing. Consequently, the demand for NGS data analysis & data management tools & software is on surge
• RNA-Seq through next generation sequencing allows profiling of the entire transcriptome, including the coding and non-coding regions; and facilitates gene identification, provides information on their relative abundance, identification of novel transcripts, detection of other genetic variation

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This research report delivers a 360 overview of the competitive landscape of the Global Next Generation Sequencing Market. Furthermore, it includes massive data regarding the latest trends, technological advancements, and methodologies. The study analyzes the Global Next Generation Sequencing Market in a detailed and extensive manner for the readers to gain better insights.

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Source URL: https://marketersmedia.com/next-generation-sequencing-market-to-reach-usd-1912-billion-by-2026-reports-and-data/88966930

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