Next Generation Sequencing Market 2018 Growth, Trends and Demands Research Report

24 Market Reports adds “Global Next Generation Sequencing Market Professional Survey Report 2018” new report to its research database. The report spread across 80 pages with multiple tables and figures in it.

Global Next Generation Sequencing market is valued approximately USD 3.5 billion in 2016. The market growth is majorly attributed to the factors such as growing applications of next generation sequencing and rising technological innovations in sequencing platforms. Further increasing demand for drug discovery and rising research spending are other prominent factors fuelling the growth in the market. However, data storage and analysis are still a major concern before handling the complex sequencing data.
Applications:

  • Diagnostics
  • Drug Discovery
  • Biomarker Discovery
  • Personalized Medicine
  • Agriculture and Animal Research
  • Other Applications

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Technology:

  • Sequencing by Synthesis SBS
  • Ion Semiconductor Sequencing
  • Sequencing by Ligation SBL
  • Pyrosequencing
  • SingleMolecule RealTime Sequencing SMRT
  • Other Technologies

End User:

  • Research Centers and Academic & Government Institutes
  • Hospitals & Clinics
  • Pharmaceutical & Biotechnology Companies
  • Other End Users

Regions:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Mexico
  • Rest of the World

Among various NGS technologies discussed in the report, the SBS technology accounted for the largest revenue share of the market in 2016. Development of advanced NGS platforms and the increasing demand for Illumina’s systems are the primary growth attributes for the development of SBS technology. Further, on the basis of applications, the market is dominated by diagnostic applications with highest revenue share in 2016. Companies are constantly focusing on the development of NGS based diagnostic tests. In July 2017, FDA has approved first NGSbased diagnostic test to Thermo Fisher Scientific. This is likely to spur the companies test procedures over the forecasts period.

Geographically, the market is dominated by North America. The growth in the region is majorly driven by the rising number of collaboration among research institutions. Moreover, increasing focus of research institutes towards drug discovery is another key driving factor. Furthermore, Asia Pacific region is anticipated to grow with an eye popping CAGRover the forecasted period 20172025. The growth in the region is majorly driven by increasing and developing healthcare infrastructure in the region along with the rise in GPD contribution on healthcare sector.

Some of the key market players are Life Sciences Corporation Roche Holding, Agilent Technologies, Inc., Beijing Genomics Institute, GE Healthcare, Illumina Inc., Newgene Ltd., Novartis, OXFORD GENE TECHNOLOGY, OXFORD NANOPORE TECHNOLOGIES, Pacific Biosciences of California Inc., and Siemens. Acquisitions, mergers, product development, joint ventures and expansions are the key strategies adopted by the market players to sustain in the market.

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Table of content

Chapter 1. Research Methodology
1.1. Research Process
1.1.1. Data Mining
1.1.2. Analysis
1.1.3. Market Estimation
1.1.4. Validation
1.1.5. Publishing
1.2. Research Assumption
Chapter 2. Global Next Generation Sequencing Market Definition & Scope
2.1. Objective of The Study
2.2. Market Definition
2.3. Scope of The Study
2.4. Years Considered for The Study
2.5. Currency Conversion Rates
2.6. Report Limitation
Chapter 3. Executive Summary
3.1. Key Trends
3.2. Global & Segmental Market Estimates & Forecasts, 20152025 USD Billion/Million
Chapter 4. Global Next Generation Sequencing Industry Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.3. Porter’s 5 Force Model
4.4. PEST Analysis
4.5. Value Chain Analysis
4.6. Analyst Recommendation & Conclusion

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