NGS Sample Preparation Market Size to be Valued at USD 6.63 Billion by 2027 | Industry Trend – High demand in the consumer genomics sector

The Global NGS Sample Preparation Market size is projected to reach USD 6.63 billion in 2027. Numerous advantages of high-performance sequencing compared to other genetic technologies, such as microarray and sanger-seq, are among the main driving forces in the Next Generation Sequencing (NGS) industry. In addition, it is estimated that the availability of sampling techniques with low input DNA reduces overall costs is that, expanding the use of next-generation sequencing in various scientific and clinical applications.

New England Biolabs technology that uses magnetic beads to mount the prototype will greatly enhance the procedures for sample preparation for the next generation. Recent advances in technology, for example, the Laboratory Information Management System (LIMS), for automation of genome libraries, often allow for next-generation sequencing at an affordable cost in a single day. The progress is expected to increase the number of next-generation users in the forecast period.

This technology has drawn the interest of many companies and investors in various fields, including fundamental research, discovery, and production of pharmaceutical drugs, reproductive, and consumer genomics. In addition, the declining costs of next-generation data and their added value are expected to have a positive effect over traditional data, which contributes to lucrative revenue growth, on the diversification of this technology in other clinical fields.

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Key Highlights from the Report:

  • The Oncology sub-segment occupies the largest share of the market due to the presence of numerous players engaging in the production of oncology-related panels. This demand can be attributed to the rising number of collaborations in the market to develop advanced oncology diagnostic products.
  • Genetic testing is anticipated to boost health outcomes drastically and due to its plethora of benefits across the entire genome, the targeted sequencing sector is anticipated to dominate the industry in terms of both revenue and shares. The reduction in genomic testing is also adding to its growth.
  • Academic research institutes are the most prominent end-users of the market due to the extensive R&D activities and high penetration of sequencing technology in research.
  • North America has the largest NGS sample preparation market, which can be attributed to the increasing number of government and private programs to expand NGS technology, wide adoption of the sequencing technology, and an escalating number of NGS-based clinical and testing applications in the region.
  • Prominent players of the industry include Agilent Technologies, BGI; Biomatters Ltd., Congenica Ltd, Bio-Rad Laboratories, Inc., DNASTAR, Eurofins Scientific, F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific, Genomatix GmbH, and Foundation Medicine, among others.
  • In 2018, Illumina, Inc. and KingMed Diagnostics joined forces to develop groundbreaking in-vitro diagnostic assays for molecular oncology and genetic disease research applications using Illumina’s Next-Generation Sequencing (NGS) technology.

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For this report, Emergen Research has segmented the Global NGS Sample Preparation Market based on workflow, application, end-user, and region:

Workflow Outlook (Volume, Million Tons; Revenue, USD Billion; 2017-2027)

  • Clonal Amplification
  • NGS Library Preparation Kits
  • Automated Library Preparation
  • Semi-automated Library Preparation

Application Outlook (Volume, Million Tons; Revenue, USD Billion; 2017-2027)

  • Consumer Genomics
  • Oncology
  • Agrigenomics & Forensics
  • Clinical Investigation
  • HLA Typing/Immune System Monitoring
  • Reproductive Health
  • Metagenomics, Epidemiology & Drug Development

End-User Outlook (Volume, Million Tons; Revenue, USD Billion; 2017-2027)

  • Hospitals & Clinics
  • Academic Research
  • Pharma & Biotech Entities
  • Clinical Research
  • Others

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Regional Outlook (Volume, Million Tons; Revenue, USD Billion; 2017-2027)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • U.A.E.
    • Rest of MEA

Reasons to buy the report:

  1. This study segments the NGS Sample Preparation market and derives the precise valuation of the overall, as well as segment-based, market across different industry verticals, geographies, and products.
  2. The report will help participants understand the trajectory of the progress of the market and provide information on key drivers, restraints, challenges, threats, and opportunities for the growth of the NGS Sample Preparation sectors.
  3. This NGS Sample Preparation report would allow readers to be well-versed with the existing competition and gain more insights to improve their standing in the worldwide business. The competitive landscape considers the dominant competitors, along with product launches and technological advancements, strategic expansions, mergers and acquisitions, and procurement strategies implemented by key players in the NGS Sample Preparation market.

Key features of the report:

  • To study the key aspects impacting the NGS Sample Preparation market size.
  • To identify growth prospects in the NGS Sample Preparation market.
  • To analyze the NGS Sample Preparation market segments and deduce the dominant trends observed in the industry.
  • To examine the NGS Sample Preparation market by investigating the available products, market share, and value proposition of the products.
  • To analyze the industry by assessing the scope and application of the NGS Sample Preparation market and highlight the growth of each application.

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2020-2030

Chapter 3. Key Insights

Chapter 4. NGS Sample Preparation Market Segmentation & Impact Analysis

    4.1. NGS Sample Preparation Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers’ analysis

          4.2.3. Market restraints analysis

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Continued…

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