NGS means next-generation sequencing it is also known as massively parallel sequencing technology. NGS allows researchers to research on various applications including speed, scalability, and ultra-high throughput and also study biological systems at a next level. NGS allows researchers to rapidly sequence whole genomes.
Global next generation sequencing (NGS) market is registering a healthy CAGR of 19.60 % in the forecast period of 2019-2026. This rise in the market can be attributed to the continuous advancement in NGS technology and upsurge in applications of NGS.
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Market Drivers and Restraints:
Continuous technological advancement in NGS platform is driving the market growth
Reducing price of NGS installation is another factor helping in market growth
Proper reimbursement and improving regulatory scenario are flourishing the market growth
Upsurge in applications of next generation sequencing drives the growth of the market
Less number of skilled personnel hinders the market growth
Rising concern about standardization of NGS based diagnostics hampers the market growth
Legal and ethical restrictions will act as market restraints
The major players covered in the Next Generation Sequencing Market
Few of the major market competitors currently working in the global next generation sequencing (NGS) market are Illumina, Inc., BGI, Eurofins Scientific, PerkinElmer Inc., Macrogen Inc., DNA Link, Inc., Genotypic Technology Pvt Ltd, WuXi AppTec, GENEWIZ, Takara Bio Inc., SciGenom Labs Pvt. Ltd, Theragen Etex Co., Ltd., LGC Biosearch Technologies, Oxford Gene Technology, Sysmex Inostics, Zymo Research, Source BioScience, Novogene Corporation, among others.
Major TOC Of The Report
Chapter One: Next Generation Sequencing Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Next Generation Sequencing Market Competition, by Players
Chapter Four: Global Next Generation Sequencing Market Size by Regions
Chapter Five: North America Next Generation Sequencing Market Revenue by Countries
Chapter Six: Europe Next Generation Sequencing Market Revenue by Countries
Chapter Seven: Asia-Pacific Next Generation Sequencing Market Revenue by Countries
Chapter Eight: South America Next Generation Sequencing Market Revenue by Countries
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Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Next Generation Sequencing Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Next Generation Sequencing Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Next Generation Sequencing Market
A roadmap of growth opportunities available in the global Next Generation Sequencing Market with the identification of key factors
The exhaustive analysis of various trends of the global Next Generation Sequencing Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Next Generation Sequencing Market?
What will the Next Generation Sequencing Market Demand and what will be Growth?
What are the latest opportunities for Next Generation Sequencing Market in the future?
What are the strengths of the key players?
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