AP NEWS

Global Next-Generation Sequencing (NGS) Market to 2024: Analysis by Technology, Product, Application, End-User and Region - ResearchAndMarkets.com

August 8, 2018

DUBLIN--(BUSINESS WIRE)--Aug 8, 2018--The “Global Next-Generation Sequencing (NGS) Market 2018-2024” report has been added to ResearchAndMarkets.com’s offering.

The Global Next-Generation Sequencing market is estimated to witness a CAGR of 18.6% during the forecast period 2018-2024.

The next-generation sequencing market by technology is segmented into reversible terminator sequencing, ion semiconductor sequencing, sequencing by ligation, single molecule real-time sequencing, nanopore sequencing and others. Reversible terminator sequencing occupied a major market share in 2017 and is expected to remain same during the forecasted period.

The market by product type is segmented into instruments, consumables and reagents and services. The services segment of the NGS market includes data analysis services and sequencing services. Among various application, consumables and reagents occupied the largest share in 2017, due to increased usage and need of consumables throughout the sample preparation, library construction, and various other pre-requisite steps of next-generation sequencing.

The market by application is segmented into diagnostics, biomarker discovery, drug discovery, agriculture and animal research and others. Diagnostics includes prenatal testing, cancer diagnostics, genetic screening, pre-implantation, HLA typing and various other clinical diagnostics applications. The diagnostics application occupied a major share in 2017, due to increasing usage of next-generation sequencing for disease diagnosis.

The market by end-users is segmented into academic and research institutes, hospitals and clinics, biotech and pharma companies and others. Among various end-users of the NGS market, academic and research institutes occupied a major share in 2017.

Market Dynamics

Drivers

Usage of Sequencing in Wide Range of Diagnostic Applications High Speed, Accuracy and Reduced Sequencing Cost

Opportunities

Emerging Applications of Next-Generation Sequencing Evolution of Personalized Medicine

Restraints

Complications Associated With NGS Data Storage Lack of Skilled Professional

Companies Featured

Agilent Technologies Inc. Beijing Genomics Institute Biomatters Limited DNASTAR Inc. Eurofins Scientific F. Hoffmann-La Roche Illumina Inc. Oxford Nanopore Technologies Limited Pacific Biosciences of California Qiagen N.V. Thermo Fisher Scientific Inc.

Key Topics Covered

1 Industry Outlook

2 Report Outline

3 Market Snapshot

4 Market Outlook

5 Market Characteristics

6 Technology: Market Size & Analysis

7 Product: Market Size & Analysis

8 Applications: Market Size & Analysis

9 End-User: Market Size & Analysis

10 Regions: Market Size and Analysis

11 Competitive Landscape

12 Vendor Profiles

13 Companies to Watch For

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

View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005272/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Molecular Diagnostics

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/08/2018 05:07 AM/DISC: 08/08/2018 05:07 AM

http://www.businesswire.com/news/home/20180808005272/en

AP RADIO
Update hourly