Next Generation Sequencing Market Size and Analysis, Trends, Recent Developments, and Forecast Till 2030

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Next-Generation Sequencing Market Size Worth USD
23.59 Billion By 2027
Increasing evolution and decline in costs of NGS
platforms and the development of the NGS
diagnostic test regulatory and reimbursement
scenarios are driving the demand for the market.
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Financial Analysis
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Risk Analysis
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End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Market Summary
The global Next Generation Sequencing Market is
expected to reach USD 23.59 Billion by 2027,
according to a new report by Emergen Research.
The benefits of high-performance sequencing
compared to other generations, such as the
sanger-seq and microarrays, are one of the main
drivers of the Next Generation Sequencing (NGS)
industry. Therefore, it is expected that the
increased availability of low input DNA sampling
methods would speed up the use of next-generation
sequence across various clinical and research
applications. New England Biolabs Technology
that uses magnetic beads in the prototype
assembly process is expected to boost
next-generation sample preparedness protocols
significantly. Moreover, the dropping costs and
the added value of next-generation sequencing
data relative to traditional data are anticipated
to have a positive impact on this technology's
diversification in other clinical areas and
result in lucrative revenue growth. Recent
developments in microfluidics and genetic
sequencing equipment have paved the way for the
creation of cost-effective, highly precise, and
fast test platforms that can be used as POC
systems. This is a major factor that contributes
substantially to the well-funded, high growth
potential of the next-generation sequencing
market. Read More https//www.emergenresearch.c
om/industry-report/next-generation-sequencing-mark
et
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Market Summary
Some Key Highlights from the Report The oncology
application for next-generation sequencing was
estimated with the biggest share of revenues on
the market. This can be because the technology
has largely been used to decipher the connection
between cancer and genetics. Due to its distinct
advantages over the genome segment in terms of
coverage scope and multiplexing capabilities, the
targeted sequencing in the technology segment
dominated the revenue share. Academic research
held the largest market share of 53.9 in the
year 2019, and these organizations are the key
end-users for revenue generation because of the
high penetration of research activities through
seq-technology. This technology, on the other
hand, is continuously growing in clinical and
clinical research. The emergence of an
integrated platform based in the USA has
accounted for North America's highest revenue
share. Asia-Pacific is projected to expand
fastest as domestics in China are growing, along
with molecular diagnostics. Asia-Pacific is
anticipated to register a CAGR of 11.5 during
the forecast period. Key participants include
Deere Company, Topcon Positioning Systems,
Trimble, Inc., DeLaval, Antelliq, Heliospectra,
Afimilk Ltd., InnovaSea Systems, AKVA group, and
Nexus Corporation, among others. Request Free
Sample _at_ https//www.emergenresearch.com/request-s
ample/8
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Market Summary
Next Generation Sequencing Market on the basis of
technology, workflow, application, end-use, and
region Technology Outlook (Revenue, USD Billion
2017-2027) Whole Genome Sequencing Whole Exome
Sequencing Targeted Sequencing
Resequencing Application Outlook (Revenue, USD
Billion 2017-2027) Clinical Investigation Oncolog
y Reproductive Health HLA Typing/Immune System
Monitoring Metagenomics, Epidemiology Drug
Development Agrigenomics Forensics End-Use
Outlook (Revenue, USD Billion 2017-2027) Academic
Research Clinical Research Hospitals
Clinics Pharma Biotech Entities        
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arch.com/request-for-customization/8
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Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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