Title: Next Generation Sequencing Market To Witness the Highest Growth Globally in Coming Years 2020-2030
1Next Generation Sequencing Market To Witness the
Highest Growth Globally in Coming Years 2020-2030
- Next Generation Sequencing Market by Product
(Consumables, Platforms, Services and Nerve
Blockers), Application (Diagnostics, Biomarkers
and Cancer, Reproductive Health, Personalized
Medicine, Agriculture and Animal Research, and
Other Applications), Technology (Sequencing by
Synthesis, Ion Semiconductor Sequencing,
Sequencing by Ligation, Pyrosequencing, Single
Molecule Real Time Sequencing, and Other
Technologies), and End User (Academic and
Research Centers, Pharmaceutical and
Biotechnology Companies, Hospitals and Clinics,
and Other End Users) Global Opportunity Analysis
and Industry Forecast, 20212030
2Why Allied Market Research?
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- Q1. What is the total market value of next
generation sequence market report ? - Q2. What would be forecast period in the market
report? - Q3. What is the market value of next generation
sequence market in 2030? - Q4. Which is base year calculated in the next
generation sequence market report? - Q5. Does the next generation sequence market
company is profiled in the report?
3Overview
- The global next generation sequencing market size
was valued at 6,598.62 million in 2020, and is
projected to reach 35,503.66 million by 2030,
registering a CAGR of 18.2 from 2021 to 2030. - The impact of COVID-19 pandemic is expected to
remain positive for the next generation
sequencing industry. As Next-generation
sequencing (NGS) diagnostic technology has the
potential advantage of determining the genetic
sequence of a virus and helping scientists
understand the mutation of the virus.
4Segments
- In terms of revenue, the global Multiplex Assay
Market is segmented on the basis of Product Type,
Application, Technology, End User and region. - By Product Consumable segment was the highest
contributor to the market, in 2020, and is
estimated to grow at a CAGR of 17.7 during the
forecast period. The consumable segment held the
largest share in 2020 and is anticipated to
maintain its dominance during the forecast
period. This large share is attributed to the
fact that they are widely used throughout the
sample preparation process and other
pre-requisite steps of NGS. - By Technology The next generation sequencing
technology market is classified into sequencing
by synthesis, ion semiconductor sequencing,
sequencing by ligation, pyrosequencing, single
molecule real time sequencing, and other
technologies.
5Geography
- North America dominated the Next Generation
Sequencing Market. The market growth in North
America is primarily a reflection of product
innovations and launches resulting from
technological advancements. The companies mostly
adopted product launch, acquisition, and
expansion as their key strategies to keep pace
with the changing demands of consumers and
strengthen their market position.
6Key Market Players
- The key players operating in the global HIV Drugs
Market are -
- Agilent Technologies, Inc
- BGI Group
- F. Hoffmann-La Roche AG
- Illumina Inc
- Precigen Inc., (Intrexon Bioinformatics Germany
GmbH) - Pacific Biosciences of California, Inc
- PerkinElmer, Inc.
- PierianDx Inc.
- Qiagen N.V.
- Thermo Fisher Scientific Inc.
7Key Findings of the Next Generation Sequencing
Market
- An in-depth market analysis includes analysis of
various regions, which is anticipated to provide
a detailed understanding of the current trends to
enable stakeholders formulate region-specific
plans. - A comprehensive analysis of factors that drive
and restrain the growth of the global is
provided. - The projections in this report are made by
analyzing the current trends and future market
potential from 2021 to 2030, in terms of value.
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on-sequencing-market