Next Generation Sequencing (NGS) Market analysis report gives out a lot for the business and bestows with the solution for the critical or complex business problems. The report displays better market insights with which driving the business into right direction becomes simple and easy. A strong research methodology comprises of data models that include market overview and guide, vendor positioning grid, market time line analysis, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. For an exceptional business growth, companies must take up market research report service which is imperative in today’s market place.
The global next generation sequencing (NGS) market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 17.1% in the forecast period of 2022 to 2029 and is expected to reach USD 29,307.13 million by 2029. Wide portfolio offered by major players and use of NGS in drug development is expected to act as driver for the next generation sequencing (NGS) market growth.
The global next generation sequencing (NGS) market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 17.1% in the forecast period of 2022 to 2029 and is expected to reach USD 29,307.13 million by 2029. Wide portfolio offered by major players and use of NGS in drug development is expected to act as driver for the next generation sequencing (NGS) market growth.
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Next generation sequencing (NGS) is revolutionizing clinical diagnostics by enabling comprehensive genetic analysis. It allows simultaneous sequencing of numerous genes, facilitating the identification of disease-causing genetic variants. NGS is instrumental in detecting and diagnosing genetic disorders, infectious diseases, cancer subtypes, and determining patient-specific drug responses. The ability to analyze a vast number of genes enhances diagnostic accuracy, enables personalized treatment decisions, and improves patient outcomes by providing targeted therapies and individualized healthcare strategies.
Major Players
Data Bridge Market Research recognizes the following companies as the major global next generation Sequencing (NGS) market players in global next generation sequencing (NGS) market are Thermo Fisher Scientific, Inc. (U.S.), QIAGEN (Germany), Illumina, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Roche Sequencing (U.S.), BGI (China), Oxford Nanopore Technologies plc (U.K.), MACROGEN CO., LTD. (South Korea), DNASTAR (U.S.)
Market Development
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Segment Analysis:
The global next generation sequencing (NGS) market is segmented on the basis of product, application, and end user.
In 2022, Consumables dominate the product segment of the global next generation sequencing (NGS) market
In 2022, consumables dominate the product segment of the global next generation sequencing (NGS) market owing to the supplies such as reagents, kits, and consumables are needed for sample preparation, library creation, and sequencing procedures, resulting in steady market demand and revenue generation with a CAGR of 18.8% in the forecast period of 2022 to 2029.
In 2022, the precision medicine dominates the application segment of the global next generation sequencing (NGS) market
In 2022, the precision medicine dominates the application segment of the global next generation sequencing (NGS) market owing to the individualized care based on a person’s genetic profile, improving diagnostic precision, and advancing targeted therapies for different diseases with a CAGR of 19.4 % in the forecast period of 2022 to 2029.
TOC:
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL NEXT GENERATION SEQUENCING (NGS) MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATIONS
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 MARKETS COVERED
2.2 GEOGRAPHICAL SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 DBMR TRIPOD DATA VALIDATION MODEL
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.6 MULTIVARIATE MODELLING
2.7 MARKET APPLICATION COVERAGE GRID
2.8 PRODUCT TYPE LIFELINE CURVE
2.9 DBMR MARKET POSITION GRID
2.1 VENDOR SHARE ANALYSIS
2.11 SECONDARY SOURCES
2.12 ASSUMPTIONS
3 EXECUTIVE SUMMARY
3.1 PESTEL’S ANALYSIS
3.2 PORTER’S FIVE FORCES MODEL
4 REGULATIONS OF GLOBAL NEXT GENERATION SEQUENCING (NGS) MARKET
5 MARKET OVERVIEW
6 IMPACT OF COVID-19 ON GLOBAL NEXT GENERATION SEQUENCING (NGS) HEALTHCARE INDUSTRY
7 GLOBAL NEXT GENERATION SEQUENCING (NGS) MARKET, BY PRODUCT
8 GLOBAL NEXT GENERATION SEQUENCING (NGS) MARKET, BY APPLICATION
9 GLOBAL NEXT GENERATION SEQUENCING (NGS) MARKET, BY END USER
Continued…
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