NGS Sample Preparation Market Outlook - 2027
Next-generation sequencing (NGS) market is experiencing growth, due to factors like development of the products, which validate the initiation of high-quality gene libraries and the sequencing yields.
NGS has transformed the genomic research studies. NGS is an innovative technology that has accredited to sequence the whole human genome in a single day. NGS has high sequencing speed and enhanced extensibility, which result in positive applications for research and development. With advancements made in the sequencing technologies, the protocols for sample preparation are being changed. Pre-sequencing methods like library preparation and target enrichment are resulting in formation of correct sequencing and high-quality data. Constant innovations made in the field of NGS sample preparation has resulted in the standard sample preparation protocols boosting the growth of NGS sample preparation market. NGS finds its applications in treatment of genetic disorders and clinical diagnostics.
COVID-19 scenario analysis
At the early phase of COVID-19 pandemic, there was no availability of specific diagnostic tests to detect the disease in patients. Alternative diagnostic tests were used initially but were not much effective. This unavailability of specific COVID-19 diagnostic tests presented lucrative opportunities for diagnostic manufacturers to introduce their COVID-19 diagnostic kits. Many leading players as well as some start-ups from various countries utilized this opportunity and introduced COVID-19 diagnostics kits into local as well as global market. These players achieved edge over other diagnostics players capitalizing the opportunity from demand for COVID-19 diagnostic tests, which, in turn, helps them in maintaining their revenues in such a crisis. Considering these factors, COVID-19 is expected to have significant impact on NGS sample preparation market.
Top impacting factors
- Increase in the demand for personalized treatment is boosting the growth of NGS sample preparation market. Also, surge in expenditure for healthcare and advancements made in healthcare technology are the factors boosting the growth of NGS sample preparation market.
- Use of NGS in the diagnosis of diseases like cancer, diabetes, and treatment of other diseases is leading the market growth. Also, rise in the geriatric population is responsible for the market growth.
- Increase in the creation of huge data has led to problems like tracking and data management, which has been solved with the help of digital solutions like NGS samples.
- Automation made in NGS method has propelled the growth of NGS sample preparation market.
New product launch/news
- In April 2020, Illumina made software toolkit available free of charge to support worldwide pandemic of COVID-19.
- In February 2019, Agilent Technologies launched NGS library preparation systems which were designed to carry out complex DNA sequencing assays.
- In 2018, Thermo Fisher Scientific introduced the Oncomine Childhood Cancer Research Assay which is a next-generation sequencing (NGS) model.
Key benefits of the report
- This study presents the analytical depiction of the global NGS sample preparation market along with the current trends and future estimations to determine the investments.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the NGS sample preparation market share.
- The current market is quantitatively analyzed to highlight the NGS sample preparation market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed NGS sample preparation market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions answered in the NGS sample preparation market report:
- Which are the leading players active in NGS sample preparation market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
- Which segments and regions will drive the market growth & why?
- How will the use of NGS in diagnostics affect the industry of NGS sample preparation products?
NGS Sample Preparation Market Report Highlights
Aspects | Details |
By Workflow |
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By Technology |
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By Application |
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By End User |
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By Region |
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Key Market Players | Agilent Technologies, Illumina Inc, Becton Dickinson, NuGEN Technologies, Promega Corporation, Beckman Coulter (a subsidiary of Danaher), QIAGEN, New England Biolabs, Thermo Fisher Scientific Inc., Tecan Trading AG |
Other Players | Genomics, Inc., Integrated DNA Technologies, Inc, Eppendorf AG, Hamilton Company |
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