The latest market intelligence report on the NEXT
Post# of 54
Scope of the Report:
The study relies heavily on both qualitative and quantitative to generate, interpret and analyze raw data about the target market, product or services offered and prominent market players operating in the NEXT GENERATION SEQUENCING (NGS) market for the forecast period, 2019 - 2030. The new intelligence study further digs deep to extract all data pertaining to aspects such as production capability, spending power, customer preference and potential customers to offer usable business information. This report can be considered as a cautious assessment of the target customers, their requirements, geography generating maximum sales and potential distribution channel.
Application of NGS in Oncology
Improvement in the overall NGS technology in terms of pipeline analyses, sequencing chemistry, data interpretation, reliability and costs has led to application of the technique in several fields of medical sciences, including oncology. The utilization of NGS technologies provides accurate and deeper knowledge regarding molecular basis of individual tumors, thereby providing a better, efficient and long lasting treatment option. According to Cancer Research UK, the number of cancer cases reported worldwide in the year 2018, was approximately around 17 million. It is further projected that within the period 2018-2040, the total incidence rate of worldwide cancer will increment by 62%. The growing incidences of cancer are anticipated to present a lucrative growth opportunity for the global Next generation sequencing (NGS) market in the coming years.
Get Your FREE Sample PDF @ https://www.marketindustryreports.com/pdf/3
Increasing Demand of NGS for Clinical Application
The advent of NGS has led to significant changes in the scientific approach utilized for both clinical and research applications. Both RNA & DNA sequencing have been proven to be extremely useful for studying evolutionary relationships, mutation, sequence variation and other vital information associated with genes. The clinical applications of which has been pivotal in diagnosing germline diseases and understanding the genetic basis of various hereditary or chronic diseases among others. The growing incidences of several clinical ailments has directly contributed to the extensive adoption of NGS and other sequencing techniques, to obtain better understanding of the diseases and formulate necessary therapies for the same.
Browse key industry insights spread across 150 pages with market data tables & figures & charts from the report, Next generation sequencing (NGS) Market by Product & Services (Pre-Sequencing Products & Service, Sequencing Services, Data Analysis, Storage, and Management), Technology (Sequencing By Synthesis Ion Semiconductor Sequencing, Single-Molecule Real-Time Sequencing), Application (Diagnostics, Drug Discovery), End User (Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Academic Institutes & Research Centers) - Global Analysis & Forecast 2019-2030 in detail along with the table of contents: https://www.marketindustryreports.com/3/next-
generation-sequencing-NGS-market
Budget Constraints among Developing Economies to Restrain the Market
Although costs associated with sequencing of genetic data has come down significantly in recent times. Yet, the current costs for sequencing genomes is one of the major factors affecting the growth of the Next generation sequencing (NGS) usage among end-users from developing economies. Thereby, price related concerns is anticipated to be limiting the use of NGS technologies and restraining the extensive growth of the market during the forecast period
Rapid Growth of the Asia Pacific Market
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Increasing incidences of cancer, continuously growing economy, and increasing burden of chronic diseases is anticipated to present a lucrative growth scenario for the Next generation sequencing (NGS) market in this region. Furthermore, improving healthcare facilities, coupled with increasing R&D expenditures in the region is expected to present an attractive growth prospect for the market in the coming years.
Major Players in the Next generation sequencing (NGS) Market
The prominent players in the global Next generation sequencing (NGS) market are Agilent Technologies, 10x Genomics, Beckman Coulter (A Subsidiary of Danaher), Becton, Dickinson and Company, Eurofins Scientific, Pacific Biosciences of California, Inc., BGI, Illumina, Inc., F. Hoffmann-La Roche AG, among others.
COMPANY PROFILES (Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
10x Genomics
Agilent Technologies, Inc.
Beckman Coulter (A Subsidiary of Danaher)
Becton, Dickinson and Company
BGI
Eurofins Scientific
F. Hoffmann-La Roche AG
Genewiz
Illumina, Inc.
Macrogen, Inc (*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain)
Get Exclusive Discount Only For You @ https://www.marketindustryreports.com/discount/3
About Market Industry Reports-
Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
We continue to pioneer state-of-the-art approach in research & analysis that makes complex world simpler to stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence we bring proficient contingency to our clients in the evolving world of technologies, megatrends and industry convergence. We empower and inspire Vanguards to fuel and shape their business to build and grow world-class consumer products.
Contact Us-
502, Sai Radhe, Kennedy Road,
Behind Hotel Sheraton Grand,
Near Pune Station, Pune 411 001
Email: sales@marketindustryreports.com
Phone: + 91 967353933
Website: https://www.marketindustryreports.com/
Follow Us- LinkedIn | Twitter | Google+ | Face book