Next-Generation Sequencing Market Dynamics and Key Players' Strategies for Sustained Growth

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Increasing evolution and decline in costs of NGS platforms and the development of the NGS diagnostic test regulatory and reimbursement scenarios are driving the demand for the market.

The global Next Generation Sequencing Market is expected to reach USD 23.59 Billion by 2027, according to a new report by Emergen Research. The benefits of high-performance sequencing compared to other generations, such as the sanger-seq and microarrays, are one of the main drivers of the Next Generation Sequencing (NGS) industry. Therefore, it is expected that the increased availability of low input DNA sampling methods would speed up the use of next-generation sequence across various clinical and research applications.

The report is formulated with the updated and latest information of the global Next-Generation Sequencing market further validated and verified by the industry experts and professionals. The Global Next-Generation Sequencing Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Next-Generation Sequencing market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

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Competitive Terrain:

The global Next-Generation Sequencing industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Illumina, Inc., BGI Group, Thermo Fisher Scientific, Inc., PerkinElmer Inc., Hamilton Company, Macrogen, Lucigen, Partek Incorporated, Intrexon Bioinformatics GmbH, and DNASTAR.

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Next-Generation Sequencing market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Next-Generation Sequencing market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Next-Generation Sequencing market.

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Market Segmentations of the Next-Generation Sequencing Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Next-Generation Sequencing market on the basis of product, application, and region:

Segments Covered in this report are:

  • Technology Outlook (Revenue, USD Billion; 2017-2027)

    • Whole Genome Sequencing
    • Whole Exome Sequencing
    • Targeted Sequencing & Resequencing
  • Workflow Outlook (Revenue, USD Billion; 2017-2027)

    • Pre-sequencing
    • Sequencing
    • NGS Data Analysis
  • Application Outlook (Revenue, USD Billion; 2017-2027)

    • Clinical Investigation
    • Oncology
    • Reproductive Health
    • HLA Typing/Immune System Monitoring
    • Metagenomics, Epidemiology & Drug Development
    • Agrigenomics & Forensics
    • Consumer Genomics

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Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

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