Categories
Press Release

Next-Generation Sequencing Market Impressive Growth, Share, Size, Top Key Players Research by 2026

NEXT GENERATION SEQUENCING MarketThe Global Next-Generation Sequencing Market is forecast to exhibit a remarkable CAGR as the next-generation sequencing platform allows effective sequencing of millions of DNA molecules. Fortune Business Insights in a new report, titled “Next-Generation Sequencing: Global Market Analysis, Insights and Forecast, 2019-2026” offers a detailed analysis of the competitive landscape and market dynamics.

Get Sample PDF [email protected] https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/next-generation-sequencing-ngs-market-101000

As per the report, the global Next-Generation Sequencing Market is expected to rise at a ferocious CAGR of 22.2% between 2018 and 2026. In 2018, the market was worth US$ 6,335.2 Mn and the Next-Generation Sequencing Market will be a howling success as it is projected to reach US$ 31,411.3 Mn by 2026.  The demand for next-generation sequencing methodologies is increasing rapidly across several applications such as diagnostics, clinical research among others.

Some of the Main Key Players Covered in the Report:

  • Illumina
  • Thermo Fisher Scientific
  • Roche
  • Agilent Technologies
  • QIAGEN
  • BGI
  • PerkinElmer Inc.
  • Eurofins Scientific
  • Macrogen, Inc.
  • PierianDx

Browse Complete Report [email protected] https://www.fortunebusinessinsights.com/industry-reports/next-generation-sequencing-ngs-market-101000

Adapative Technologies developed a next-generation sequencing diagnostic test called ClonoSEQ for patients suffering from acute lymphoblastic leukemia or ALL and minimal residual disease or MRD. The test received FDA approval in September 2018, which in turn, contributes to the growth of the market in North America.

Increasing investments in precision medicine and a growing number of strategic collaborations are driving the market in Europe. Driven by these factors, the market in this region is expected to expand in the forecast period. Apart from these two regions, Asia Pacific is expected to expand at a remarkable growth on account of rising geriatric population and growing awareness about reproductive health.

Demand for Next-Generation Sequencing Market to Rising at a High Pace

Next-generation sequencing products encompass instruments, consumables, and software. According to the findings from the report, the next-generation sequencing product segment is anticipated to lead the market over the forecast period. This is ascribable to some primary factors such as new product launches, high usage of consumables, and easy availability. Apart from next-generation sequencing products, next-generation sequencing services are expected to grow at a higher CAGR during the forecast period.

Order Full [email protected] https://www.fortunebusinessinsights.com/checkout-page/101000

The need for novel platforms regarding advancements in bioinformatics and fast DNA data interpretation are paving the way for start-ups, especially for next-generation sequencing services. With the introduction of next-generation sequencing, the cost of sequencing has reduced over the years.

Key segmentation 

By Type

  • Products
  • Instruments & Software
  • Consumables
  • Services

By Application

  • Diagnostics
  • Research

By End User

  • Research Institutes
  • Healthcare Facilities & Diagnostic Centers
  • Pharmaceutical & Biotechnological Companies
  • Contract Research Organization (CROs)

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

More Trending Topics from Fortune Business Insights:

Surgical Stapling Devices Market 2019 Global Share, Growth, Opportunities, Trends, Regional Overview, Leading Company Analysis Forecast till 2025

Hepatitis C Drug Market: 2019 Global Industry Trends, Growth, Share, Size and 2025 Forecast Research Report

Hearing Aids Market: 2019 Global Industry Trends, Growth, Share, Size and 2025 Forecast Research Report

Pain Management Devices Market Share, Growth, Trends, Size by 2026

Jesus Rust

By Jesus Rust

Jesus is leading the environment column. He is a very renowned environmentalist and has worked in many projects, some of which are based in faraway lands too. He always encourages environment conservation and sometimes keeps small group talks about the concerns. His writing and editing skills act the cheery on the top of the cake.

Leave a Reply

Your email address will not be published. Required fields are marked *