The report aims to offers a thorough outlook of the Next Generation Sequencing Sample Preparation market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Next Generation Sequencing Sample Preparation market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline
The global next generation sequencing (NGS) sample preparation Market is expected to reach USD 6,630.0 Million by 2027, according to a new report by Emergen Research. Numerous advantages of high-performance sequencing compared to technologies used in the field of genetics, including microarray and sanger-seq, are among the significant factors fueling the NGS sample preparation market growth. In addition, it is estimated that the availability of sampling techniques with low input DNA reduces overall costs is that, expanding the use of next-generation sequencing in various scientific and clinical applications.
New England Biolabs technology that uses magnetic beads to mount the prototype will greatly enhance the procedures for NGS sample preparation for the next generation. Recent advances in technology, for example, the LIMS, for automation of genome libraries, often allow for single day next-generation sequencing at an affordable cost. The progress is expected to increase the number of next-generation users in the forecast period.
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The complete regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Competitive Landscape:
The latest report encases an in-depth summary of the intensely competitive landscape of the global Next Generation Sequencing Sample Preparation market, with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.
Key participants include Agilent Technologies, Bio-Rad Laboratories, Inc., BGI; Biomatters Ltd., Congenica Ltd, Eurofins Scientific, DNASTAR, F. Hoffmann-La Roche Ltd., Genomatix GmbH, Thermo Fisher Scientific, and Foundation Medicine, among others, among others.
Emergen Research has segmented the global next generation sequencing (NGS) sample preparation market on the basis of workflow, application, end-users, and region:
Workflow Outlook (Revenue, USD Billion; 2017-2027)
- NGS Library Preparation Kit
- Semi-Automated Library Preparation
- Automated Library Preparation
- Colonial Amplification
Application Outlook (Revenue, USD Billion; 2017-2027)
- Oncology
- Clinical Investigation
- Reproductive Health
- HLA Typing/Immune System Monitoring
- Metagenomics, Epidemiology, Drug Development
- Agrigenomics Forensics
- Consumer Genomics
End-Users Outlook (Revenue, USD Billion; 2017-2027)
- Academic Research
- Clinical Research
- Hospitals Clinics
- Pharma Biotech Entities
- Others
Key Highlights from the Report
- By workflow, clonal amplification is likely to grow at the fastest rate of 9.5% in the forecast period in next generation sequencing (NGS) sample preparation market. Library clonal amplification helps in the generation of numerous copies of target interest areas. Clonal amplification automation offers to allow for simultaneous preparation of multiple libraries sequencing templates, thereby decreasing the preparation time of the sample.
- By application, oncology, in terms of market size, dominated the next generation sequencing (NGS) sample preparation market in 2019. NGS, in comparison to traditional techniques, provides precision, rapidity, and sensitivity benefits with the potential to have a substantial impact on the oncology field, as NGS possess the ability to evaluate multiple genes in a single assay, thereby eradicating the necessity to order several tests for ascertaining the causative mutation.
- By end-users, academic research held the largest next generation sequencing (NGS) sample preparation market share of over 53.0% in the year 2019 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.
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