DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Next-Generation Sequencing (NGS) Market by Product, Services, & Application - Global Forecasts to 2022" report to their offering.
The next-generation sequencing market is expected to reach USD 12.45 Billion by 2022 from USD 4.90 Billion in 2017, at a CAGR of 20.5% between 2017 and 2022.
Factors such as technological advancements in NGS platforms, increasing applications of NGS, growing partnerships and collaborations, and increasing adoption of NGS among research laboratories and academic institutes are driving the growth of this market. On the other hand, accuracy and standardization concerns in diagnostic testing and the lack of skilled technical personnel are some of the key factors limiting the growth of the market. In addition, storage of sequencing data and interpretation of complex data from NGS platforms are major concerns faced by the sequencing industry.
This report broadly segments the global NGS market into products & services, technology, application, and end user. On the basis of product and service, the NGS market is categorized into pre-sequencing products and services, NGS platforms, consumables, services for platforms, sequencing services, and bioinformatics. In 2017, the consumables segment is expected to account for the largest share of the market.
Companies Mentioned
- Agilent Technologies, Inc.
- Beijing Genomics Institute
- Eurofins Scientific
- F. Hoffmann-La Roche AG
- Gatc Biotech AG
- Illumina, Inc.
- Macrogen, Inc.
- Oxford Nanopore Technologies, Ltd.
- Pacific Biosciences of California, Inc.
- Perkinelmer, Inc.
- Qiagen N.V.
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Thermo Fisher Scientific Inc.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Next-Generation Sequencing Market, By Product & Service
7 Next-Generation Sequencing Market, By Technology
8 Next-Generation Sequencing Market, By Application
9 Next-Generation Sequencing Market, By End User
10 Next-Generation Sequencing Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/l8wkss/nextgeneration
