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(EMAILWIRE.COM, August 30, 2018 ) The Global Next Generation Sequencing market is estimated at $3.41 billion in 2015 and is expected to reach $13.50 billion by 2022 growing at a CAGR of 21.73% from 2015 to 2022. The growing adoption of sequencing technologies in clinical applications and low cost DNA sequencing are likely to drive the market growth. However, factors such as accuracy and standardization issues and lack of skilled labor are inhibiting the market growth. The rise in personalize medicine and cloud computing are likely to create more opportunities for this market during the forecast period.
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Some of the key players in the market include:
Roche Holding Ag, Qiagen N.V., Knome, Inc., Perkinelmer, Inc., Partek, Inc., Pacific Biosciences, Oxford Nanopore Technologies, Ltd., Macrogen Inc., Life Technologies Corporation, Illumina, Inc., Genomatix Software GmbH, GATC Biotech Ag., Eurofins Scientific, DNASTAR Inc., Biomatters, Ltd., Beijing Genomics Institute and Agilent Technologies, Inc.
In technology, sequencing by synthesis (SBS) segment is anticipated to move with a highest CAGR during forecast period. Diagnostics in application segment holds the largest share and is expected to grow at highest CAGR during forecast period. Research institutions held the largest market share in end user segment. North America dominates the global next generation sequencing market followed by Europe owing to rising government support towards research and development. Asia pacific is expected to grow at a faster rate during the forecast period due to the unmet market demand and increasing investments for development of healthcare.
Platforms Covered:
Sequencing Services
Sequencing Platforms
ION S5 & S5 Xl
ION PGM
ION Proton
Technologies Covered:
Sequencing By Ligation (SBL)
Single-Molecule Real-Time Sequencing (SMRT)
Sequencing By Synthesis (SBS)
Pyrosequencing
ION Semiconductor Sequencing
Other Technologies
End Users Covered:
Hospitals and clinics
Biotech & Pharma Firms
Research institutions
Other End Users
Applications Covered:
Personalized medicines, Drug Discovery, Diagnostics, Agriculture & Animal Research, Prenatal Testing, Biomarker Discovery, HLA Testing, Infectious Diseases, Genetic Screening, Oncology, Idiopathic Diseases and Other Applications
Regions Covered:
North America
Europe
Asia Pacific
Rest of the World
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Table of Content
1 Executive Summary
2 Preface
3 Market Trend Analyses
4 Porters Five Force Analysis
5 Global Next Generation Sequencing Market, By Platforms
6 Global Next Generation Sequencing Market, By Technology
7 Global Next Generation Sequencing Market, By End User
8 Global Next Generation Sequencing Market, By Application
9 Global Next Generation Sequencing Market, By Geography
10 Key Developments
11 Company Profiling
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Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
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Source: EmailWire.Com
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