The exclusive research report on the Global Next Generation Sequencing Market 2020 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market.
Market Research Future’s report on the Global Next Generation Sequencing (NGS) Market divulges key details regarding the growth of the market as well as various vital facts, figures, and prediction of growth of the global market.
Next-generation sequencing (NGS), also termed as high throughput sequencing technology or massively parallel sequencing, has revolutionized the biological sciences. The NGS technology has transformed genomic research to an advanced level and allows to sequence a complete human genome in a small duration. The genetic material is pulled out in this process, fragmented, and associated with primers and adapters for amplification.
With the emergence of high throughput screening technology, there have been substantial changes in the sequencing process by reduced sequencing cost and offering speed. The technology is propelling at a rapid pace owing to its application in clinical, agricultural, and forensic areas. For instance, NGS helps to detect various clinical applications such as cancer and its infectious disease and several genetic disorders. The augmenting awareness regarding next-generation sequencing, technological advancements, rising acquisitions and mergers among the global players, and growth in genome mapping programs are considered some of the major factors promoting the market growth throughout the appraisal period. NGS allows the researchers to study biological systems and perform a range of applications at a level never before possible with the help of scalability, ultra-high throughput, and speed.
Industry Updates
February 18, 2019: QIAGEN N.V. has recently announced an agreement with the Ares Genetics in order to develop innovative bioinformatics and assay solutions to augment research targeting the global health challenges posed by antibiotic-resistant bacteria.
Competitive Dashboard
Oxford Nanopore Technologies, Ltd., BGI, Pacific Biosciences of California, Inc., PerkinElmer, QIAGEN N. V., Eurofins Scientific, Agilent Technologies, Macrogen Inc, Illumina, Inc., and Thermo Fisher Scientific, Inc. are among the notable market players that have been included in MRFR’s competition tracking of the global next generation sequencing market.
Segments :
Analysis of the markets several parts are included in MRFR’s segmental analysis which has been performed on the basis of technology, service & product, application, end-user, and region.
The technology used in next-generation sequencing includes whole exome sequencing, CHIP sequencing, whole genome sequencing, methyl sequencing, targeted resequencing, de novo sequencing, and RNA sequencing.
By service & product, the next generation sequencing market has been segmented into consumables, sample preparation, platforms & services for platforms, and sequencing services. The sample preparation segment is further divided into end repair, A-tailing & size selection, quality control, library preparation & target enrichment, and DNA fragmentation. Other sub-segmentations have been mentioned and expounded on in the report.
Applications of next-generation sequencing include genetic screening, drug discovery, diagnostics, agriculture & animal research, and others.
End-users of next-generation sequencing include hospitals & clinics, academic institutes & research centers, pharmaceutical & biotechnology companies, and other end-users.
FOR MORE DETAILS – https://www.marketresearchfuture.com/reports/next-generation-sequencing-market-6354
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