Next-Generation Sequencing Market is expected to grow at a CAGR of 22.2% during the forecast 2029

mangesh

Jan 3, 2023 • 4 min read

Global Next-Generation Sequencing Market is expected to grow at a CAGR of 22.2% during the forecast period. Global Next-Generation Sequencing Market is expected to reach US$ 57.31 Bn. by 2029.

Global Next-Generation Sequencing Market Overview:

The Global Next-Generation Sequencing Market Report from Maximize Market Research provides readers with an assessment of the global market landscape via the use of a comprehensive viewpoint. This research on the Global Next-Generation Sequencing Market looks at the scenario from 2021 to 2027, utilizing 2020 as the base year and 2016 to 2019 as the historical period. This research assists users in making key business decisions by utilizing a wealth of information presented in the study.

Market Scope:

This research on the Global Next-Generation Sequencing industry is based on a thorough examination of the market, supported by secondary and primary sources. Market volume is determined by a country-by-country model mapping of Global Next-Generation Sequencing utilizing internal and external private information, as well as relevant patent and regulatory sources. The competitive environment of the Global Next-Generation Sequencing market is backed by an examination of the many elements that impact the market on a micro and granular level. Researchers in the Global Next-Generation Sequencing sector generate predictions and projections and compute market forecasts by thoroughly reviewing historical data, current trends, and important company announcements.

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Segmentation:

Based on Product & Services, the consumables dominated the industry during the forecast period. The rising number of sequencing procedures and the introduction of simple-to-use consumables are responsible for this segment's large share. Based on Technology, the sequencing by synthesis technology segment led the industry, in 2020. The increasing availability of NGS platforms based on sequencing by synthesis technology can be due to the significant share of the sequencing by the synthesis technology market. Furthermore, since sequencing is a capital-intensive process, it generates more sales. With an improvement in the use of WGS, the amount of data generated from sequencing projects is expected to increase. The analysis becomes difficult due to the large amounts of data produced after sequencing.

Key Players:

 Illumina
 QIAGEN
 Thermo Fisher Scientific, Inc.
 F. Hoffman-La Roche Technologies
 Genomatrix GmbH
 PierianDx
 DNASTAR, Inc.
 Eurofins GATC Biotech GmbH
 Perkin Elmer, Inc.
 BGI
 Bio Rad Laboratories, Inc.
 Other Key Players

This report provides market monitoring for a specific area of the client's interest and provides up-to-date information on strategic initiatives such as mergers, acquisitions, partnerships, expansions, and product launches for leading companies on a regional scale for various industries or markets, depending on the client's subscription period. A team of research professionals updates and amends our data on a regular basis to reflect the most recent trends and facts. To fulfil the needs of both individual and corporate clients, we have substantial competence in research and consulting for a wide range of business disciplines. Our knowledgeable staff use proprietary data sources as well as a range of additional approaches. The key players in the Global Next-Generation Sequencing industry …

Regional Analysis:

North America (including the United States, Canada, and Mexico), Europe (including Germany, France, the United Kingdom, Russia, and Italy), Asia-Pacific (including China, Japan, Korea, India, and Southeast Asia), South America (including Brazil, Argentina, and Colombia), the Middle East, and Africa have all been studied (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). The study presents regional competitive circumstances. These insights help market participants improve their approaches and provide new opportunities to achieve amazing results.

COVID-19 Impact Analysis on Global Next-Generation Sequencing Market:

The Global Global Next-Generation Sequencing Market Research Report offers an overview of the industry based on key variables such as market size, sales, sales analysis, and major drivers. The market is expected to grow considerably during the forecast period (2021-2027). This paper also provides the most current COVID-19 market implications. The spread of the epidemic has had a wide-ranging influence on people's lives all around the world. Markets have been forced to adopt new norms, trends, and tactics as a result. Essentially, the study report tries to paint a picture of the market's initial and future projections.

Key Questions Answered in the Global Next-Generation Sequencing Market Report are:

What are the new competitive developments in the Global Next-Generation Sequencing market?
What is the market size, and share of Global Next-Generation Sequencing?
How can I get sample reports/company profiles of the Global Next-Generation Sequencing market?
Who are the potential customers of the Global Next-Generation Sequencing market?
Which are the leading players in the Global Next-Generation Sequencing market?
How can I get company profiles on the top ten players of the Global Next-Generation Sequencing market?
Which region is and will provide more business opportunities for Global Next-Generation Sequencing in the future?
Who are the service providers of the Global Next-Generation Sequencing industry?
What are the key growth strategies of Global Next-Generation Sequencing industry players?

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