Next Generation Sequencing Services Market is projected to grow at a CAGR of 21.0% by 2022

by Healthcare Market
Next Generation Sequencing Services Market is projected to grow at a CAGR of 21.0% by 2022

The report "Next Generation Sequencing Services Market by Type (Targeted, RNA-Seq, Exome, De Novo), Technology (Sequencing by Synthesis, Ion semiconductor, SMRT, Nanopore), & Application (Diagnostics, Oncology, Drug Discovery, Agriculture) - Forecasts to 2022".

[157 Pages Report] The global next generation sequencing services market is projected to reach USD 2,748.6 Million by 2022 from USD 868.1 Million in 2016, growing at a CAGR of 21.0% during 2017-2022.

Factors such as factors such as the declining price of sequencing; the high cost of sequencing infrastructure and the need for skilled professionals for efficient NGS sample preparation and analysis; and technological advancements in the field of sequencing are driving the growth of this market. Sequencing services are also the preferred option for NGS applications with low throughput requirements, which is another major driver for market growth.

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Key Players in Market for Next-Generation Sequencing (NGS) Services

BGI (China), Eurofins Scientific SE (Luxembourg), PerkinElmer, Inc. (U.S.), Macrogen Inc. (South Korea), GENEWIZ, Inc. (U.S.), Illumina, Inc. (U.S.), QIAGEN (Germany), Novogene Corporation (China), and GATC Biotech AG (Germany)

Years considered for the study

Historical Year - 2015

Base Year – 2016

Estimated Year - 2017

Forecast Period – 2017 – 2022

Scope of the Report

This research report categorizes the hybrid operating room market into the following segments and subsegments:

By Type

  • Targeted Sequencing/Gene Panels
  • RNA-Seq
  • De Novo Sequencing
  • Exome Sequencing
  • CHiP-Seq
  • Whole-genome Sequencing
  • Methyl-Seq
  • Other Services

By Technology

  • Sequencing by Synthesis (SBS)
  • Ion Semiconductor Sequencing
  • Single-Molecule Real-time (SMRT) Sequencing
  • Nanopore Sequencing

By Application

  • Diagnostics
  • Oncology
  • Reproductive Health
  • Infectious Diseases
  • Rare Genetic Disorders
  • Others
  • Drug Discovery
  • Biomarker Discovery
  • Microbial Genetics, Agriculture, and Animal Research
  • Other Applications (Marine Research, Research in Biofuels, Forensic Medicine, Food Safety, and Phylogeographic & Phylogenetic Studies)

By End User

  • Academic & Government Institutes and Research Centers
  • Hospitals & Clinics
  • Pharmaceutical & Biotechnology Companies
  • Other End Users (NPOs, Agrigenomics Organizations, and Consumer Genomic Companies)

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • U.K.
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Rest of Asia-Pacific
  • Rest of the World (RoW)

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Objectives of the study are:

  • To define, describe, and forecast the next-generation sequencing (NGS) services market by type, technology, application, end user, and region
  • To provide detailed information regarding factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges) along with current trends
  • To analyze micromarkets with respect to their growth trends, prospects, and contributions to the total market
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To forecast the revenue of the market segments with respect to four regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World
  • To profile the key players and comprehensively analyze their market shares and core competencies
  • To track and analyze competitive developments such as product launches; agreements, partnerships, and collaborations; mergers & acquisitions; and research & development activities in the NGS services market

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April 26, 2019
by Healthcare Market