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Which are the top companies operating in the Next Generation Sequencing (NGS) Market?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Next Generation Sequencing (NGS) Market report provides the information of the Top Companies in Next Generation Sequencing (NGS) Market in the market their business strategy, financial situation etc.
Illumina, Inc., Thermo Fisher Scientific Inc., QIAGEN, Merck KGaA, Charles River Laboratories, Revvity, Promega Corporation., Agilent Technologies, Inc., Takara Bio Inc., Eurofins Scientific, Hamilton Company, BGI, Azenta US, Inc., Beckman Coulter, Inc., Bio-Rad Laboratories, Inc., PacBio., Macrogen, Inc., Gilson Incorporated, New England Biolabs, Oxford Nanopore Technologies plc., LGC Biosearch Technologies, PCR Biosystems, ACT Genomics, Quantabio, DNASTAR, and NimaGen. among others
Report Scope and Market Segmentation
Which are the driving factors of the Next Generation Sequencing (NGS) Market?
The driving factors of the Next Generation Sequencing (NGS) Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.
Next Generation Sequencing (NGS) Market - Competitive and Segmentation Analysis:
**Segments**
- On the basis of product & services, the Next Generation Sequencing (NGS) market can be segmented into reagents & consumables, sequencing services, instruments, and software.
- By technology, the market can be divided into sequencing by synthesis, ion semiconductor sequencing, single-molecule realtime (SMRT) sequencing, nanopore sequencing, and others.
- When it comes to application, the NGS market encompasses segments such as diagnostics, drug discovery, agricultural & animal research, and others.
- Based on end-users, the market is categorized into academic research institutes, pharmaceutical & biotechnology companies, hospitals & clinics, and others.
**Market Players**
- Illumina, Inc.
- Thermo Fisher Scientific Inc.
- Oxford Nanopore Technologies
- Pacific Biosciences of California, Inc.
- BGI Group
- Qiagen
- F. Hoffmann-La Roche Ltd
- Agilent Technologies
- PerkinElmer Inc.
- Eurofins Genomics
- Macrogen, Inc.
- GATC Biotech AG
- Bio-Rad Laboratories, Inc.
The global Next Generation Sequencing (NGS) market is poised for significant growth by 2031. The market is experiencing robust expansion propelled by technological advancements, rising demand for precision medicine, and increasing applications of NGS in various sectors. With the evolution of sequencing technologies and the decreasing cost of sequencing, the NGS market is witnessing a surge in adoption across different end-user segments. The product & services segment, including reagents & consumables, sequencing services, instruments, and software, is expected to exhibit substantial growth. Among the key technologies driving market growth, sequencing by synthesis and ion semiconductor sequencing lead the pack, followed closely by single-molecule realtime (SMRT) sequencing and nanopore sequencing. Furthermore, the application of NGS in diagnostics, drug discovery, agricultural & animal research is anticipated to drive market expansion in the forecast period. Key players in the NGSThe Next Generation Sequencing (NGS) market is witnessing a transformative era with tremendous growth potential as it enters the new decade. The market segmentation based on product & services offers a comprehensive view of the diverse offerings that cater to the unique needs of customers. Reagents & consumables form a crucial segment as they are fundamental components in the sequencing process, ensuring accurate and reliable results. Sequencing services are gaining traction due to the convenience they offer to end-users who prefer outsourcing sequencing tasks. Instruments play a vital role in the NGS workflow, providing the necessary hardware for sequencing processes, while software solutions are essential for data analysis, interpretation, and visualization.
Technological segmentation highlights the cutting-edge innovations driving the NGS market forward. Sequencing by synthesis and ion semiconductor sequencing are prominent technologies known for their accuracy, speed, and scalability, making them preferred choices among researchers and industry players alike. Single-molecule realtime (SMRT) sequencing and nanopore sequencing technologies are on the rise, offering advantages such as long-read sequencing capabilities and real-time data acquisition. These technologies are poised to revolutionize the sequencing landscape and open up new possibilities for genomic research and applications.
The application segments in the NGS market showcase the versatility and wide-ranging impact of this technology across various industries. Diagnostics is a key application area where NGS plays a crucial role in enabling precision medicine, personalized treatments, and disease management strategies. Drug discovery benefits from NGS technologies by accelerating the identification of therapeutic targets, biomarkers, and drug response mechanisms. Agricultural & animal research segments leverage NGS for crop improvement, livestock breeding, biodiversity studies, and understanding genetic traits that impact food production and animal health.
End-users of NGS technologies represent a diverse set of organizations that drive demand and innovation in the market. Academic research institutes form a foundational segment that explores the frontiers of genomics, transcriptomics, epigenomics, and other areas of biological research. Pharmaceutical & biotechnology companies utilize NGS for drug development, clinical trials, and**Market Players**
- Illumina, Inc.
- Thermo Fisher Scientific Inc.
- QIAGEN
- Merck KGaA
- Charles River Laboratories
- Revvity
- Promega Corporation.
- Agilent Technologies, Inc.
- Takara Bio Inc.
- Eurofins Scientific
- Hamilton Company
- BGI
- Azenta US, Inc.
- Beckman Coulter, Inc.
- Bio-Rad Laboratories, Inc.
- PacBio.
- Macrogen, Inc.
- Gilson Incorporated
- New England Biolabs
- Oxford Nanopore Technologies plc.
- LGC Biosearch Technologies
- PCR Biosystems
- ACT Genomics
- Quantabio
- DNASTAR
- NimaGen
The Next Generation Sequencing (NGS) market is witnessing a transformative era with tremendous growth potential as it enters the new decade. The market segmentation based on product & services offers a comprehensive view of the diverse offerings that cater to the unique needs of customers. Reagents & consumables form a crucial segment as they are fundamental components in the sequencing process, ensuring accurate and reliable results. Sequencing services are gaining traction due to the convenience they offer to end-users who prefer outsourcing sequencing tasks. Instruments play a vital role in the NGS workflow, providing the necessary hardware for sequencing processes, while software solutions are essential for data analysis, interpretation, and visualization.
Technological segmentation highlights the cutting-edge innovations driving the NGS market forward
Explore Further Details about This Research Next Generation Sequencing (NGS) Market Report https://www.databridgemarketresearch.com/reports/global-next-generation-sequencing-ngs-market
Key Benefits for Industry Participants and Stakeholders: –
- Industry drivers, trends, restraints, and opportunities are covered in the study.
- Neutral perspective on the Next Generation Sequencing (NGS) Market scenario
- Recent industry growth and new developments
- Competitive landscape and strategies of key companies
- The Historical, current, and estimated Next Generation Sequencing (NGS) Market size in terms of value and size
- In-depth, comprehensive analysis and forecasting of the Next Generation Sequencing (NGS) Market
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
The countries covered in the Next Generation Sequencing (NGS) Market report are U.S., copyright, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of the Middle East and Africa
Detailed TOC of Next Generation Sequencing (NGS) Market Insights and Forecast to 2031
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Next Generation Sequencing (NGS) Market Landscape
Part 05: Pipeline Analysis
Part 06: Next Generation Sequencing (NGS) Market Sizing
Part 07: Five Forces Analysis
Part 08: Next Generation Sequencing (NGS) Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Next Generation Sequencing (NGS) Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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