Next Generation Sequencing Market is anticipated to grow at a CAGR of 20% to 22% from 2021 to 2026

The global next generation sequencing market is projected to grow at a CAGR of 20% to 22% from 2021 to 2026. The growth of next generation sequencing market is driven by government regulations and reimbursement for NGS-based diagnostic tests, advancements in NGS platforms, and declining costs of NGS tests.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising potential, high-growth opportunities for the global next generation sequencing market by product & service (presequencing products & services, NGS consumables, NGS platforms, services for NGS platforms, sequencing services, and bioinformatics), technology (sequencing by synthesis, ion semiconductor sequencing, single-molecule real-time sequencing, nanopore sequencing, and other sequencing technologies), application (diagnostics, drug discovery, agriculture & animal research, and other applications), end user (academic institutes & research centers, hospitals & clinics, pharmaceutical & biotechnology companies, and other end users), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the next generation sequencing market?

Q.4 What are some changing demands of customers in the next generation sequencing market?

Q.5 What are the new developments in the next generation sequencing market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this next generation sequencing area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this next generation sequencing market?

Download Brochure of this report by clicking on https://www.lucintel.com/next-generation-sequencing-market.aspx 

Market Segmentation:

Based on application, the next generation sequencing market is segmented into diagnostics, drug discovery, agriculture & animal research, and other applications. The diagnostic segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to rising number of cancer cases across the world.        

North America will remain the largest region during the forecast period due to the investments in research funding, and development of NGS data analysis solutions.

Key Players in the next generation sequencing market are Illumina, Inc., Thermo Fisher Scientific, Inc. BGI Group, PerkinElmer Inc., Macrogen, Hamilton Company, Lucigen, Oxford Nanopore Technologies, Agilent Technologies, Inc., and QIAGEN.

Request Sample Pages by clicking on

https://www.lucintel.com/next-generation-sequencing-market.aspx

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

To read more about this market please click on https://www.lucintel.com/next-generation-sequencing-market.aspx

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

Related reports

Semiconductor Market:

For more details click here https://www.lucintel.com/semiconductor-market.aspx

 

Fire Suppression Market:

For more details click here https://www.lucintel.com/fire-suppression-market.aspx

 

Mobile Health and Fitness Sensor Market:

For more details click here https://www.lucintel.com/mobile-health-and-fitness-sensor-market.aspx

 

High Purity Quartz Market:

For more details click here https://www.lucintel.com/high-purity-quartz-market.aspx

 

Bluetooth Low Energy IC Market:

For more details click here https://www.lucintel.com/bluetooth-low-energy-ic-market.aspx

 

Metal Terminal MLCC Market:

For more details click here https://www.lucintel.com/metal-terminal-mlcc-market.aspx

 

Building Information Modeling Market:

For more details click here https://www.lucintel.com/building-information-modeling-market.aspx

 

Energy Harvesting System Market:

For more details click here https://www.lucintel.com/energy-harvesting-system-market.aspx

 

Multilayer Ceramic Capacitor Market:

For more details click here https://www.lucintel.com/multilayer-ceramic-capacitor-market.aspx

 

Printed Circuit Board (PCB) Market:

For more details click here https://www.lucintel.com/pcb-markets.aspx