Next-Generation Sequencing Market Insights and Industry Analysis by Technology (Targeted Sequencing & Resequencing, Whole Genome Sequencing and Whole Exome Sequencing), Workflow (Pre-Sequencing, Sequencing, and Data Analysis), Application (Oncology, Clinical Investigation, Reproductive Health, Human Leukocyte Antigen Typing or Immune System Monitoring, Metagenomics, Epidemiology & Drug Development, Agrigenomics & Forensics, Consumer Genomics), End User (Hospitals & Clinics, Diagnostic Laboratories, and Pharmaceutical & Biotechnology Companies) and Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa), Competitive Market Size, Share, Trends, and Forecast till 2025

New York, US, July 23, 2021 (GLOBE NEWSWIRE) -- Next-Generation Sequencing Market Overview:

According to a Comprehensive Research Report by Market Research Future (MRFR), “Next-Generation Sequencing Market Information by Technology, Workflow, Application, End User, and Region - Forecast till 2025”, the market is forecasted to cross USD 20,347.45 Million by 2025 at a CAGR of 18.05%.

Market Scope:

Since next-generation sequencing is so important in the field of genetics, the market has been growing at a phenomenal pace. Whole-genome sequencing, resequencing, de novo assembly sequencing, and transcriptome sequencing at the DNA or RNA level are only a few of the uses for NGS technologies. The effective application of next-generation sequencing can advance the areas of protein-coding areas, predicting genes and pathways.

Market Drivers:

The increasing technological signs of progress, swelling applications of NGS, and evolution in genome mapping programs are likely to drive the next-generation sequencing market growth. Also, the swelling demand for personalized medicine and elevated growth in the expansion of companion diagnostics is also likely to fuel the next-generation sequencing market in the upcoming period.

Get Free Sample PDF Brochure @ https://www.marketresearchfuture.com/sample_request/6354

Competitive Landscape:

The Major Companies in the Next-Generation Sequencing Market are:

• Charles River (US)
• Pacific Biosciences of California, Inc. (US)
• GenScript (US)
• Illumina, Inc. (US)
• Thermo Fisher Scientific (US)
• Qiagen (Germany)
• Agilent Technologies, Inc. (US)
• PerkinElmer Inc. (US)
• BGI (US)
• Oxford Nanopore Technologies (UK)
• F. Hoffmann-La Roche Ltd (Switzerland)
• Eurofins Scientific (Luxembourg)
• Macrogen, Inc. (South Korea)
• Genome Life Sciences (India)
• Xcelris Genomics (India)

COVID 19 Analysis

The spread of the pandemic created a heightened level of panic in the market due to its sudden onset. The novel coronavirus SARS-CoV-2, which causes the disease COVID-19, has produced a highly transmissible and ongoing pandemic globally. Owing to its speedy development, the role of next-generation sequencing plays a vital role in many aspects of understanding and controlling the disease. Many of the coronaviruses and SARS-CoV-2 genomes which were discovered with next-generation sequencing have been publicly made available for researchers to review the origin of SARS-CoV-2, thus bolstering the potential of the market.

Browse In-depth Market Research Report (100 Pages) on Next-Generation Sequencing: https://www.marketresearchfuture.com/reports/next-generation-sequencing-market-6354

Market Restraints:

The next-generation sequencing market is estimated to be held back by the ethical issues related to whole-genome sequencing, deficiency of awareness, and trouble managing a huge amount of data is expected to impede the next-generation sequencing market development.

Market Segmentation

By Workflow, the sequencing is estimated to strengthen the development of the global next-generation sequencing market.

By Technology, the whole-genome sequencing segment is estimated to bolster the development of the global market.

The Applications segment of the market is predicted to be driven by the clinical investigation segment in the upcoming period.

The End-user segment is estimated to be led by the diagnostic laboratories segment in the forecast period.

Buy Now: https://www.marketresearchfuture.com/checkout?currency=one_user-USD&report_id=6354

Regional Analysis

The Americas regional market is anticipated to control the next-generation sequencing market due to the cumulative uses of NGS in diagnostics & genomics research and effortless availability of backing for research activities. The European regional market is anticipated to control the second principal position in the global next-generation sequencing market due to the rising emphasis of companies to progress better products. Recently, LetsGetChecked, a principal virtual care company, has announced recently its partnership with an international frontrunner in DNA sequencing instruments, Illumina, and the California Department of Public Health’s SARS-CoV-2 Whole Genome Sequencing Initiative (COVIDNet) in a bid to assist with investigation projects to perceive and trace COVID-19 variations within the United States residents. LetsGetChecked will apply its CAP-Accredited, CLIA Certified laboratory in California and the Illumina NovaSeq 6000 System, a potent Next-Generation Sequencing (NGS) platform, empowering the uncovering of SARS-CoV-2 and connection of different variations of the virus.

The Asia-Pacific region’s next generation sequencing market is anticipated to be the fastest increasing regional market due to the growing technological advances and mounting investment by key healthcare businesses to progress innovative products. The next generation sequencing market in the Middle East & African regional market is anticipated to demonstrate stable growth, due to the gradually developing healthcare business.

Share your Queries @ https://www.marketresearchfuture.com/enquiry/6354

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Follow Us: LinkedIn | Twitter

Contact:

Market Research Future

Phone:

+1 628 258 0071(US)   

+44 2035 002 764(UK) 

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com