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DNA Next Generation Sequencing Markets to 2025 - A $22.7 Billion Opportunity, Growing at a CAGR of 21.7% - ResearchAndMarkets.com

January 31, 2019

DUBLIN--(BUSINESS WIRE)--Jan 31, 2019--The “DNA Next Generation Sequencing Market to 2025 - Global Analysis and Forecasts By Product, Application, End User and Geography” report has been added to ResearchAndMarkets.com’s offering.

The global DNA next generation sequencing market is expected to reach US$ 22,716.9 million in 2025 from US$ 4,898.5 million in 2017. The market is estimated to grow with a CAGR of 21.7% from 2018-2025.

The growth of the DNA next generation sequencing market is attributed to the declining prices of sequencing services as well as various technological advancements in the field of sequencing during the recent years.

Global DNA next generation sequencing market, based on product was segmented as, consumables, services and platforms. In 2017, consumables segment held the largest share by the market, by product. This is mainly attributed since these consumables are used at every stage of sequencing.

Global DNA next generation sequencing market, based on application was segmented as, diagnostics, drug discovery, precision medicine, and other applications. In 2017, diagnostics held the largest share of market, by application.

Global DNA next generation sequencing market, based on end-user was segmented as, academic & research institutes, pharmaceutical & biotechnology companies, hospitals & clinics, and other end users. In 2017, academic & research institutes held the largest share of market, by end-user. In addition, the hospitals & clinics segment is also anticipated to witness a significant growth, during the forecast period.

Market Dynamics

Drivers

Declining Price of Sequencing Technological Advancements in Sequencing Increasing Prevalence of Cancer

Restraints

Risks Associated with Genetic Data High Cost of Advanced Technologies

Opportunities

Usage of NSG in Biomarker Discovery and Precision Medicine Training Programs

Challenge

Lack of Skilled Professionals

Future Trend

Adoption of Real-Time PCR Systems

Topics Covered

1. Introduction

2. Global DNA Next Generation Sequencing Market - Key Takeaways

3. Global DNA Next Generation Sequencing Market Landscape

4. Global DNA Next Generation Sequencing Market - Key Market Dynamics

5. DNA Next Generation Sequencing Market - Global Analysis

6. Global DNA Next Generation Sequencing Market Analysis - by Product

7. Global DNA Next Generation Sequencing Market Analysis - by Application

8. Global DNA Next Generation Sequencing Market Analysis - by End User

9. North America DNA Next Generation Sequencing Market Revenue and Forecasts to 2025

10. Europe DNA Next Generation Sequencing Market Revenue and Forecasts to 2025

11. Asia-Pacific DNA Next Generation Sequencing Market Revenue and Forecasts to 2025

12. Middle East & Africa DNA Next Generation Sequencing Market Revenue and Forecasts to 2025

13. South & Central America DNA Next Generation Sequencing Market Revenue and Forecasts to 2025

14. DNA Next Generation Sequencing Market - Industry Landscape

Companies Profiled

Illumina Thermo Fisher Scientific Qiagen Beijing Genomics Institute Perkinelmer F. Hoffmann-La Roche Agilent Technologies Eurofins Scientific Oxford Nanopore Technologies Macrogen

For more information about this report visit https://www.researchandmarkets.com/research/blcf5m/dna_next?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190131005516/en/

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Related Topics:Molecular Diagnostics

KEYWORD:

INDUSTRY KEYWORD: HEALTH GENETICS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/31/2019 08:58 AM/DISC: 01/31/2019 08:58 AM

http://www.businesswire.com/news/home/20190131005516/en

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