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.
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As per the report, the global 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 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.
Demand for Next-Generation Sequencing Services to Rising at a High Pace
Next-generation sequencing products encompass instruments, consumables, and software. According to the findings from the report, the next-generation sequencing product segment is anticipated to lead the market over the forecast period. This is ascribable to some primary factors such as new product launches, high usage of consumables, and easy availability. Apart from next-generation sequencing products, next-generation sequencing services are expected to grow at a higher CAGR during the forecast period
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Some of the Main Key Players Covered in the Report:
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:
Some major points from Table of Content:
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8. Asia Pacific Next-Generation Sequencing (NGS) Market Analysis, Insights and Forecast, 2015-2026
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast By Type
8.2.1. Products
8.2.1.1.Instruments and Software
8.2.1.2.Consumables
8.2.2. Services
8.3. Market Analysis, Insights and Forecast By Application
8.3.1. Diagnostics
8.3.2. Research
8.3.3. Others
8.4.Market Analysis, Insights and Forecast By End User
8.4.1. Research Institutes
8.4.2. Healthcare Facilities and Diagnostic Centers
8.4.3. Pharmaceutical and Biotechnological Companies
8.4.4. Contract Research Organization (CROs)
8.5. Market Analysis, Insights and Forecast By Countries/ Sub-region
8.5.1. Japan
8.5.2. China
8.5.3. India
8.5.4. Australia
8.5.5. Southeast Asia
8.5.6. Rest of Asia Pacific
9. Latin America Next-Generation Sequencing (NGS) Market Analysis, Insights and Forecast, 2015-2026
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast By Type
9.2.1. Products
9.2.1.1.Instruments and Software
9.2.1.2.Consumables
9.2.2. Services
9.3. Market Analysis, Insights and Forecast By Application
9.3.1. Diagnostics
9.3.2. Research
9.3.3. Others
9.4.Market Analysis, Insights and Forecast By End User
9.4.1. Research Institutes
9.4.2. Healthcare Facilities and Diagnostic Centers
9.4.3. Pharmaceutical and Biotechnological Companies
9.4.4. Contract Research Organization (CROs)
9.5. Market Analysis, Insights and Forecast By Countries/ Sub regions
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America
10.Middle East and Africa Next-Generation Sequencing (NGS) Market Analysis, Insights and Forecast, 2015-2026
10.1.Key Findings / Summary
10.2.Market Analysis, Insights and Forecast By Type
10.2.1.Products
10.2.1.1. Instruments and Software
10.2.1.2. Consumables
10.2.2.Services
10.3.Market Analysis, Insights and Forecast By Application
10.3.1.Diagnostics
10.3.2.Research
10.3.3.Others
10.4.Market Analysis, Insights and Forecast By End User
10.4.1.Research Institutes
10.4.2.Healthcare Facilities and Diagnostic Centers
10.4.3.Pharmaceutical and Biotechnological Companies
10.4.4.Contract Research Organization (CROs)
10.5.Market Analysis, Insights and Forecast By Countries/ Sub region
10.5.1.South Africa
10.5.2.GCC
10.5.3.Rest of Middle East and Africa
11.Competitive Analysis
11.1.Key Industry Developments
11.2.Global Market Share Analysis (2018)
11.3.Company Profiles (Overview, Products and services, SWOT analysis, Recent developments, strategies, financials (based on availability))
11.3.1.Illumina, Inc.
11.3.2.Thermo Fisher Scientific Inc.
11.3.3.F. Hoffmann-La Roche Ltd.
11.3.4.Agilent Technologies, Inc
11.3.5.Eurofins Scientific
11.3.6.PerkinElmer Inc.
11.3.7.QIAGEN
11.3.8.BGI
11.3.9.Macrogen, Inc.
11.3.10. PierianDx
11.3.11. Other Prominent Players
12.Strategic Recommendations
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To view the original version on The Express Wire visit Next-Generation Sequencing Market set for rapid growth forecast 2019-2026| Key Players: Illumina, Inc., Thermo Fisher Scientific Inc., Hoffmann-La Roche Ltd, Agilent Technologies, Inc.