Next-Generation Sequencing (NGS) Market Projected to Reach $42.7 Billion by 2031, Revolutionizing Genomics

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The NGS Market research study is a comprehensive report offering premium insights into business size, current trends, drivers, risks, opportunities, and key market segments. The Industry Report provides accurate growth forecasts based on well-founded assumptions. Additionally, drawing on input from industry experts, the report offers actionable insights into the NGS Market’s future development, enabling readers to craft effective strategies. It delivers a thorough analysis of the market’s present needs and future potential. The report includes vital data, statistics, tables, and figures that support strategic planning for business success. It stands out in its ability to equip global investors with critical information to make well-informed market decisions. Utilizing both primary and secondary sources, this report delivers a comprehensive and precise representation of the NGS Market. Key data sources include global regulatory authorities.

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The report starts with a fundamental overview, outlining the definition of the NGS Market business, its scope, and the intended target audience. Following this, the market dynamics are thoroughly analyzed, including key drivers, conditions, opportunities, challenges, technological advancements, and other relevant factors shaping the market

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Segments Covered

By Offering

• Sample Preparation
  • Kits & Reagents
    • Nucleic Acid Extraction and Amplification
    • Library Preparation
      • DNA Library Preparation
      • RNA Library Preparation
    • Quality Control
    • Other Reagents (1)
  • Workstations/Robotic Platforms for Library Preparation
• Sequencing
  • NGS Systems
    • Sequencing by Synthesis
    • Ion Semiconductor Sequencing
    • Single-molecule Real-time Sequencing (SMRT)
    • DNA Nanoball (DNB) Sequencing
    • Other Technologies (2)
  • Services (3)
• Data Analysis/Bioinformatics
  • Software
    • By Type
      • Data Analysis Software
      • Data Interpretation and Reporting Tools
      • Data Storage and Computing Tools
      • Laboratory Information Management Systems (LIMS)
    • By Deployment Mode
      • Web and Cloud-based
      • On-premise
  • NGS Informatics Services (4)
• Commercial Sequencing/ Outsourced Services
  • Targeted Sequencing Services
  • RNA Sequencing Services
  • Whole Genome Sequencing Services
  • De Novo Sequencing Services
  • Exome Sequencing Services
  • ChIP Sequencing Services
  • Methyl Sequencing Services
  • Other Commercial Sequencing Services (5)

By Application

• Research and Other Applications
  • Drug Discovery
  • Agriculture & Animal Research
  • Other Applications (6)
• Clinical Applications
  • Reproductive Health Diagnosis
  • Oncology
  • Infectious Diseases
  • Other Clinical Applications (7)

By End User

• Hospitals & Diagnostic Laboratories
• Pharmaceutical & Biotechnology Companies
• Academic Institutes & Research Centers
• Other End Users (8)
  (Note: 1. Other Reagents include dilution buffers, DNA standards, target enrichment kits/reagents, and other reagents required to support the NGS sample preparation workflow
  2. Other Technologies include Nanopore sequencing & Avidity Sequencing Technology
  3. Services include support services, such as the upgradation of software, customer support, equipment training, monitoring, installation services, and more
  4. NGS informatics services include support services, such as bioinformatics data analysis services, bioinformatics consulting services, bioinformatics training, and IT professional services.
  5. Other Commercial Sequencing Services include degradome sequencing, ribosome profiling, amplicon sequencing, CRISPR validation, viral genome sequencing, and immunogenomics services
  6. Other Applications include food microbiology, microbiota analysis in the beverage industry, and environmental studies
  7. Other Clinical Applications include detection of genetic aberrations in neurological disorders, rare diseases, metabolic and immune disorders, and food-borne illnesses
  8. Other End Users include forensic laboratories & security agencies, food & beverage companies, and agriculture companies)

Countries/Regions Covered

North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and the Middle East & Africa

Key Companies

The key players operating in the global NGS market are Illumina, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), Revvity, Inc. (U.S.), QIAGEN N.V. (Netherlands), Agilent Technologies, Inc. (U.S.), Pacific Biosciences of California, Inc. (U.S.), Danaher Corporation (U.S.), Oxford Nanopore Technologies Plc. (U.K.), MGI Tech Co., Ltd. (China), Tecan Group Ltd. (Switzerland), Beijing Genomics Institute (BGI) (China), Eppendorf AG (Germany), Hamilton Company (U.S.), Hudson Robotics (U.S.), LGC Limited (U.K.), Fabric Genomics, Inc. (U.S.), DNASTAR, Inc. (U.S.), Eurofins Scientific SE (Luxembourg), Novogene Co. Ltd. (China), and Quest Diagnostics Incorporated (U.S.).

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Key Benefits of the Report:

This study presents the analytical depiction of the NGS Market Industry along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the NGS Market share.

The current market is quantitatively analyzed from to highlight the Global NGS Market growth scenario.

Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.

The report provides a detailed NGS Market analysis based on competitive intensity and how the competition will take shape in coming years.

NGS Market Insights Will Enhance the Revenue Impact of Businesses Across Various Industries :

• Offering a tailored framework to assess the attractiveness of different products, solutions, and technologies within the NGS Market
• Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global NGS Market and offering solutions
• Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• Provides an understanding of disruptive technology trends to help businesses make their transitions smoothly
• Helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising growth for top players aiming to retain their leadership position in the & supply-side analysis of the NGS Market.

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