Next-Generation Sequencing (NGS) Services Market – Global Industry Perspective, Comprehensive Analysis and Forecast, 2021-2026

Next-Generation Sequencing (NGS) Services
Next generation sequencing (NGS), also commonly known as massively parallel sequencing (MPS) are terms that describe a DNA sequencing technology that has significantly benefitted the fields of biotechnology, medical diagnosis, forensic biology, biological systematics and virology. The emergence of NGS has changed the way clinical research, basic and applied science are done.

A new business intelligence report released by Big Market Research with the title Global Next-Generation Sequencing (NGS) Services Market 2021 by Manufacturers, Type and Application, forecast to 2026 is designed with an objective to provide a micro-level analysis of the market. The report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, Research & Development, and regional growth of the leading competitors operating in the market.

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Since the completion of the Human Genome Project, the cost of the next-generation sequencing technology has significantly decreased and with time, is continuing to decline. With the continuation of declining costs, next-generation sequencing is becoming more affordable and accessible, hence driving the market growth.

To correctly assess the cause of the fast-paced growth in the Next-Generation Sequencing (NGS) Services industry, a variety of factors are studied. The pricing history, sales volume, and volume trends are only some of the factor impacting this growth. The mounting population levels, the demographic split arising, and the technological advancements making traditional processes obsolete are studied in-depth to gain a clear insight into the Next-Generation Sequencing (NGS) Services market. Government initiatives also affect how the market changes to adapt to the changing global arena.

The global reach of the Next-Generation Sequencing (NGS) Services industry has managed to split the main contributors all over the globe. The top-tier manufacturers have been analyzed to understand their contribution to the industry and study the influence of their various processes on the competitive market trends. Market share tends to be the goal over which the players compete. New emerging players use emerging technology to get ahead of the curve.

Major Market Player included in this report are:- Eurofins Scientific, Natera, BGI, Illumina, Roche, LabCorp, Berry Genomics, Brooks Life Sciences, Macrogen, Personalis, Novogene, Genotypic Technology, Dna Link

The product/service has been segmented based on the type, by application, and by region. The various types and their applications are segregated based on how the multiple categories of end-users use the product/service. The regional basis for the split is a result of the rising global demand for product/service in the Next-Generation Sequencing (NGS) Services industry. The main focus of this report on the geographical division is North America, Europe, China, Japan, India, Southeast Asia, Middle East, and Africa.

By Type:

  • Targeted Sequencing
  • Whole Exome Sequencing
  • Whole Genome Sequencing

By Application:

  • Hospitals and Clinics
  • Biopharma Companies
  • Academic & Research Organizations
  • Others

Geographically, The Detailed Analysis of Consumption, Revenue, Market Share and Growth Rate, Historic and Forecast (2021-2026):

1) North America (United States, Canada, Mexico),
2) Asia-Pacific (China, Japan, India, Korea, Indonesia, Malaysia, Singapore, Thailand, Philippines),
3) Europe (Germany, UK, France, Italy, Spain, Russia),
4) Central & South America (Brazil, Argentina, Peru, Chile, Columbia),
5) Middle East & Africa (Saudi Arabia, Turkey, United Arab Emirates, Iran, South Africa, Israel, Egypt, Nigeria, Iraq),
6) Other Regions (Australia, New Zealand).

The method adopted by the experienced research analysts to bring the various aspects of their study together is Porter’s Five Force Model. The model has been used to assess and quantify the current and future performance of the Next-Generation Sequencing (NGS) Services market. Strengths, Weakness, Opportunities, and Threats have been analyzed in-depth to gain further understanding of the market.

Why should buy this report?

– It Provides A Forward-Looking Perspective on Different Factors Driving or Restraining Market Growth.

 It Provides A Five-Year Forecast Assessed on The Basis of How the Market Is Predicted to Grow.

 It Helps in Understanding the Key Product Segments and Their Future.

 It Provides Pin Point Analysis of Changing Competition Dynamics and Keeps You Ahead of Competitors.

 It Helps in Making Informed Business Decisions by Having Complete Insights of Market and By Making an In-Depth Analysis of Market Segments.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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Key Question Answered in Next-Generation Sequencing (NGS) Services Market Report:

  • What will the market size be in 2026 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

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Big Market Research

Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.
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