Global Next Generation Sequencing
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Next Generation Sequencing market size was USD 2,174.6 million in 2022. Next Generation Sequencing Industry's Compound Annual Growth Rate will be 7.9% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Next Generation Sequencing market size was USD 2,174.6 million in 2022. Next Generation Sequencing Industry's Compound Annual Growth Rate will be 7.9% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Next Generation Sequencing Market Sales Revenue 2022 | $ 2174.6 Million |
Global Next Generation Sequencing Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.9% |
Market Split by Product |
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Market Split by Application |
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Market Split by Technology |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Next Generation Sequencing Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Next-generation sequencing (NGS) is an enormously parallel sequencing technology, which provides ultra-high throughput, scalability, and high speed to regulate the sequence of nucleotides in the complete genome. DNA pre-sequencing is one of the most important steps in the complete sequencing protocol as it includes the preparation of samples for the successive sequencing reaction. NGS is gradually being integrated into clinical disease diagnostics, laboratory analysis, and testing in healthcare sectors, across the globe.
The increase in genome mapping programs and growing applications of next-generation sequencing are the major factors that drives the demand for the global next-generation sequencing market. In addition, the increase in healthcare spending; and technological developments in sequencing platforms drive the demand for the target market.
Furthermore, increases in research and development activities and technological advancement in NGS will provide the opportunity for the global market.
However, the lack of skilled experts, and ethical and legal limitations related to NGS are anticipated to hamper the market expansion during the forecast period.
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SOPHiA GENETICS announced a partnership with Qiagen that will pair QIAseq reagent technology
In March 2023, The company SOPHiA GENETICS announced a partnership to enhance tumor analysis through next-generation sequencing (NGS) with Qiagen that will pair QIAseq reagent technology with the DDM platform
Top Companies Market Share in Next Generation Sequencing Industry: (In no particular order of Rank)
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North America dominates the global next-generation sequencing market with the highest revenue share. This is attributed to the presence of an increase in R&D investment, and the availability of a technologically advanced healthcare research structure. Furthermore, Asia Pacific is forecasted to dominate the global market in terms of growth rate. The presence of significant developments by China and Japan for technological integration of NGS methodologies dominates the target market in the country in the region.
The current report Scope analyzes Next Generation Sequencing Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Next Generation Sequencing Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Next Generation Sequencing Industry growth. Next Generation Sequencing market has been segmented with the help of its Product, Application Technology, and others. Next Generation Sequencing market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
NGS consumable segment dominates the global market in terms of revenue share, due to rising demand for kits and reagents for sequencing procedures.
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By application, the biomarkers and cancer segment are forecasted to dominate the global market. An increase in incidences of cancer and development in technology in next-generation sequencing drives the demand for the global market.
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The research centers segment has the largest revenue share for the growth of the global market. A rise in application-based usage in these institutes and an increase in oncology research dominate the global market.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Next Generation Sequencing Market is witnessing significant growth in the near future.
In 2023, the Platforms segment accounted for noticeable share of global Next Generation Sequencing Market and is projected to experience significant growth in the near future.
The Reproductive Health segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies DNAnexus, Eagle Genomics and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product | Platforms, Consumables, Others |
Application | Reproductive Health, Diagnostics, Biomarkers and Cancer, Personalized Medicine, Agriculture and Animal Research, Other |
Technology | WGS, Whole Exome Sequencing, Targeted Sequencing & Resequencing |
End User | Hospital, Research Centers, Pharma and Biotech Firms, Others |
List of Competitors | DNAnexus, DNASTAR, Eagle Genomics, Edge Biosystems, GENEWIZ, Roche, Agilent Technologies, Biomatters, CLC Bio, GATC biotech, Macrogen, BGI (Beijing Genomics Institute), Illumina, Life Technology, EMC, Dnastar |
This chapter will help you gain GLOBAL Market Analysis of Next Generation Sequencing. Further deep in this chapter, you will be able to review Global Next Generation Sequencing Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Technology Analysis 2019 -2031
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Chapter 13 Market Split by End User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Next Generation Sequencing market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Platforms have a significant impact on Next Generation Sequencing market? |
What are the key factors affecting the Platforms and Consumables of Next Generation Sequencing Market? |
What is the CAGR/Growth Rate of Reproductive Health during the forecast period? |
By type, which segment accounted for largest share of the global Next Generation Sequencing Market? |
Which region is expected to dominate the global Next Generation Sequencing Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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