The global Next-Generation Sequencing (NGS) Services Marketwas valued at USD 867.3 million in 2016 and is projected to reach USD 4701.53million by 2025, growing at a CAGR of 20.66% from 2017 to 2025.
NGS is the process of determining the precise order of nucleotides within a DNA molecule. It includes particular method or technology that is used to determine the order of the four bases—adenine, guanine, cytosine, and thymine—in a strand of DNA. It is currently being used to find and treat the genetic disorders prevalent in the population causing the market to grow simultaneously.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Declining prices of technology of sequencing
1.2 High cost of sequencing infratructure
1.3 Availability of skilled people to handle sample preparation
1.4 NGS requires less throughput inputs
1.5 Advancements in sequencing technology
2. Market Restraints
2.1 Difficulty in establishing in-house throughput devices
Market Segmentation:
1. Global Next-Generation Sequencing (NGS) Services Market, by Service Type:
1.1 Targeted Resequencing & Custom Gene Panels
1.2 RNA-Seq
1.3 De Novo Sequencing
1.4 Exome Sequencing
1.5 Chip-Seq
1.6 Whole-Genome Sequencing
1.7 Methyl-Seq
1.8 Other Services
2. Global Next-Generation Sequencing (NGS) Services Market, by Application:
2.1 Diagnostics
2.1.1 Oncology
2.1.2 Infectious Diseases
2.1.3 Rare Genetic Disorders
2.1.4 Reproductive Health
2.1.5 Other Diagnostic Applications
2.2 Drug Discovery
2.3 Biomarker Discovery
2.4 Agriculture & Animal Research
2.5 Others Applications
3. Global Next-Generation Sequencing (NGS) Services Market, by Technology:
3.1 Sequencing By Synthesis
3.2 Ion Semiconductor Sequencing
3.3 Single-Molecule Real-Time Sequencing
3.4 Nanopore Sequencing
4. Global Next-Generation Sequencing (NGS) Services Market, by End User:
4.1 Academic & Government Institutes and Research Centers
4.2 Hospitals & Clinics
4.3 Pharmaceutical & Biotechnology Companies
4.4 Other End Users
5. Global Next-Generation Sequencing (NGS) Services Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. BGI
2. Illumina, Inc.
3. Perkinelmer, Inc.
4. Eurofins Scientific SE
5. Gatc Biotech AG
6. Macrogen, Inc.
7. Qiagen N.V.
8. Genotypic Technology Pvt. Ltd.
9. Genewiz, Inc.
10. DNA Link, Inc.
11. Takara Bio Inc. (Part of Takara Holding Company Inc.)
12. Scigenom Labs Pvt. Ltd
13. Novogene Corporation
14. Personalis, Inc.
15. LGC Limited (A Part of KKR & Co. L.P.)
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Next-Generation Sequencing (NGS) Services Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL NEXT-GENERATION SEQUENCING (NGS) SERVICES MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL NEXT-GENERATION SEQUENCING (NGS) SERVICES MARKETOUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL NEXT-GENERATION SEQUENCING (NGS) SERVICES MARKET, BY SERVICE TYPE
5.1 Overview
5.2 Targeted Resequencing& Custom Gene Panels
5.3 RNA-Seq
5.4 De Novo Sequencing
5.5 Exome Sequencing
5.6 Chip-Seq
5.7 Whole-Genome Sequencing
5.8 Methyl-Seq
5.9 Others
6 GLOBAL NEXT-GENERATION SEQUENCING (NGS) SERVICES MARKET, BY APPLICATION
6.1 Overview
6.2 Diagnostics
6.2.1 Oncology
6.2.2 Infectious Diseases
6.2.3 Rare Genetic Disorders
6.2.4 Reproductive Health
6.2.5 Other Diagnostic Applications
6.3 Drug Discovery
6.4 Biomarker Discovery
6.5 Agriculture & Animal Research
6.6 Others
7 GLOBAL NEXT-GENERATION SEQUENCING (NGS) SERVICES MARKET, BY TECHNOLOGY
7.1 Overview
7.2 Sequencing By Synthesis
7.3 Ion Semiconductor Sequencing
7.4 Single-Molecule Real-Time Sequencing
7.5 Nanopore Sequencing
8 GLOBAL NEXT-GENERATION SEQUENCING (NGS) SERVICES MARKET, BY END USER
8.1 Overview
8.2 Academic & Government Institutes and Research Centers
8.3 Hospitals & Clinics
8.4 Pharmaceutical & Biotechnology Companies
8.5 Others
9 GLOBAL NEXT-GENERATION SEQUENCING (NGS) SERVICES MARKET, BY GEOGRAPHY
9.1 Overview
9.2 North AmericaRegional Market Estimates and Forecasts, 2012 - 2025
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 EuropeRegional Market Estimates and Forecasts, 2012 - 2025
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia PacificRegional Market Estimates and Forecasts, 2012 - 2025
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin AmericaRegional Market Estimates and Forecasts, 2012 - 2025
9.5.1 Brazil
9.5.2 Argentina
9.6 Rest of the WorldRegional Market Estimates and Forecasts, 2012 - 2025
10 GLOBAL NEXT-GENERATION SEQUENCING (NGS) SERVICES MARKETCOMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies
11 COMPANY PROFILES
11.1 BGI
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Illumina Inc.
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Perkinelmer, Inc.
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Eurofins Scientific SE
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 Gatc Biotech AG
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 Macrogen, Inc.
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 Qiagen N.V.
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 Genotypic Technology Pvt. Ltd.
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 Genewiz, Inc.
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments
11.10 DNA Link, Inc.
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments
11.11 Takara Bio Inc.
11.11.1 Overview
11.11.2 Financial Performance
11.11.3 Product Outlook
11.11.4 Key Developments
11.12 Scigenom Labs Pvt. Ltd
11.12.1 Overview
11.12.2 Financial Performance
11.12.3 Product Outlook
11.12.4 Key Developments
11.13 Novogene Corporation
11.13.1 Overview
11.13.2 Financial Performance
11.13.3 Product Outlook
11.13.4 Key Developments
11.14 Personalis, Inc.
11.14.1 Overview
11.14.2 Financial Performance
11.14.3 Product Outlook
11.14.4 Key Developments
11.15 LGC Limited
11.15.1 Overview
11.15.2 Financial Performance
11.15.3 Product Outlook
11.15.4 Key Developments
12 Appendix
12.1 Related Reports
The Subsea Cable Moulding Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manu...
The Medical Equipment Repair and Maintenance Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competit...
The Event Marketing Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufactur...
The Conversion Rate Optimization Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscap...
The Reputation Management Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manu...
The Virtual Assistant Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufact...
The Staff Augmentation Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufac...
The Phone Answering Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufactur...
The Digital Services Gateway Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufactur...
The Explainer Video Services Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufactur...