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 also provides an analysis of how efficient is the company to achieve the set targets. The research report is compiled using customer insights, marketing strategies, competitive landscape analysis, and overall growth trend of the market. The Next-Generation Sequencing industry is observing dynamic changed with several new players entering the market.The competitive landscape data is provided by SWOT analysis of each market player along with feasibility analysis, investment return analysis, and Porter’s Five Forces analysis. The dominant and slow growing market segments are also analyzed in the report to provide a complete understanding of each key segment of the market.

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Key Highlights From The Report

• The oncology application for next-generation sequencing was estimated with the biggest share of revenues on the market. This can be because the technology has largely been used to decipher the connection between cancer and genetics.
• Academic research held the largest market share of 53.9% in the year 2019, and these organizations are the key end-users for revenue generation because of the high penetration of research activities through seq-technology. This technology, on the other hand, is continuously growing in clinical and clinical research.
• The emergence of an integrated platform based in the USA has accounted for North America's highest revenue share. Asia-Pacific is projected to expand fastest as domestics in China are growing, along with molecular diagnostics. Asia-Pacific is anticipated to register a CAGR of 11.5% during the forecast period.
• Key participants include Deere & Company, Topcon Positioning Systems, Trimble, Inc., DeLaval, Antelliq, Heliospectra, Afimilk Ltd., InnovaSea Systems, AKVA group, and Nexus Corporation, among others.

Next-Generation Sequencing Market Segmentation:

Emergen Research has segmented the global Next Generation Sequencing Market on the basis of technology, workflow, application, end-use, and region:

• 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
• End-Use Outlook (Revenue, USD Billion; 2017-2027)
  • Academic Research
  • Clinical Research
  • Hospitals & Clinics
  • Pharma & Biotech Entities
  • Others

The report offers insights into the demands for the Next-Generation Sequencing products in the global market, especially in the key geographical regions where the market has established its presence. These key regions include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.For a comprehensive understanding of the market, the vertical is further segmented into product types offered by the market, application spectrum, and end-user industries, among others. It also offers information on the leading manufacturers and vendors in the key geographical regions of the industry.

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Key questions addressed in the report:

• Which of the leading market regions accounts for the highest global market share?
• What is the current valuation of each region and the estimated remuneration over the forecast timeline?
• What are the sales estimates for every regional segment in the Next-Generation Sequencing market over the projected period?
• What is the projected growth rate likely to be demonstrated by each region in the global Next-Generation Sequencing market?

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Next Generation Sequencing Market Segmentation & Impact Analysis
    4.1. Next Generation Sequencing Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Exponentially decreasing costs for genetic sequencing
                    4.2.2.2. Development of companion diagnostics and personalized medicine
                    4.2.2.3. Rise in competition amongst prominent market entities
                    4.2.2.4. Rising clinical opportunity for NGS technology
                    4.2.2.5. Technological advancements in cloud computing and data integration
                    4.2.2.6. Growing healthcare expenditure supporting development of effective PM diagnostic & therapeutic procedures for cancer
          4.2.3. Market restraints analysis
                    4.2.3.1. Lack of computational efficiency for data management
                    4.2.3.2. Non-value based NGS reimbursement policy and regulation status
                    4.2.3.3. Lack of skilled labor due to COVID-19
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

READ MORE…!

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