The Global Next Generation Sequencing Market is forecast to exhibit a remarkable CAGR as the next-generation sequencing platform allows effective sequencing of millions of DNA molecules. Fortune Business Insights in a new report, titled “Next-Generation Sequencing: Global Market Analysis, Insights and Forecast, 2019-2026” offers a detailed analysis of the competitive landscape and market dynamics.
As per the report, the global Next Generation Sequencing Market is expected to rise at a ferocious CAGR of 22.2% between 2018 and 2026. In 2018, the market was worth US$ 6,335.2 Mn and the Next Generation Sequencing Market will be a howling success as it is projected to reach US$ 31,411.3 Mn by 2026. The demand for next-generation sequencing methodologies is increasing rapidly across several applications such as diagnostics, clinical research among others.
Some of the Main Key Players Covered in the Next Generation Sequencing Market Report:
- Thermo Fisher Scientific
- Agilent Technologies
- PerkinElmer Inc.
- Eurofins Scientific
- Macrogen, Inc.
Saphetor SA and Swift Biosciences Inc.’s Partnership Aims to Target Next-Generation Sequencing Panels
Strategic partnerships and new product launches are increasingly adopted by companies as these help them to maintain their position in the market. Some of the industry developments are mentioned below:
- PierianDx joined hands with Illumina, Inc. in January 2019, to fulfil the needs of customers by offering informatics services for Illumina’s oncology products. This will further support cancer diagnostics and research.
- Saphetor SA partners with Swift Biosciences Inc. in June 2019. The partnership aims at standardizing and accelerating data interpretation solutions for next-generation sequencing panels.
- Agilent Technologies, Inc. announces the launch of a next-generation sequencing solution called Agilent OnePGT in June 2018. This solution aims at offering Preimplantation Genetic Testing (PGT).
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Companies such as Illumina, Inc., Thermo Fisher Scientific Inc., and F. Hoffmann-La Roche Ltd are likely to lead in the global next-generation sequencing market. This is mainly on account of their strong geographical presence and diversified product portfolio. Moreover, Illumina was leading in the global market owing to its rising product sales. New product launches also helped the company to strengthen its market position.
Some of the other players functioning in the global market are Agilent Technologies, Inc., BGI, PerkinElmer Inc., QIAGEN, Eurofins Scientific, PierianDx, Macrogen, Inc. among others.
Key Questions Answered of Next-Generation Sequencing Market:
What will the market growth rate of Next Generation Sequencing Market in 2026?
What are the key factors driving the Global Next Generation Sequencing Market?
What are sales, revenue, and price analysis of top manufacturers of Next-Generation Sequencing Market?
Who are the distributors, traders and dealers of Next-Generation Sequencing Market?
Who are the key vendors in Next Generation Sequencing space?
What are the Next-Generation Sequencing Market opportunities and threats faced by the vendors in the Next-Generation Sequencing Market?
What are sales, revenue, and price analysis by types, application and regions of Next-Generation Sequencing Market?
What are the market opportunities, market risk and market overview of the Next-Generation Sequencing Market?
TOC followed by Next Generation Sequencing Market
1. Introduction of NGS Market
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Overview of Next-Generation Sequencing Diagnostics Test
4.2. Regulatory Scenario – For Key Countries
4.3. New Product Launch
4.4. Startups with their Funding Overview
4.5. Key industry Developments – Mergers, Acquisitions and Partnerships