1. Market Research
  2. > Biotechnology
  3. > Genomics Market Trends
  4. > Global Next Generation Sequencing (NGS) Market

Global Next Generation Sequencing (NGS) Market

  • October 2016
  • -
  • Mordor Intelligence LLP
  • -
  • 168 pages

Next generation sequencing, also known as high-throughput sequencing, is a DNA sequencing technology that has revolutionized genomic research. Due to its ability to sequence DNA, NGS technologies have drawn attention in scientific research. The global next generation sequencing market was valued at USD 4.01 billion in 2015 and is projected to reach USD 12 billion by 2021, at a CAGR of 20% during the forecast period from 2016 to 2021.

*Values in this graph are adjusted. Actual values available in the report

Market Dynamics

The technology is emerging at a rapid pace, due to its increasing application in clinical diagnosis. Speed, cost, and accuracy of the technology, efficient replacement of traditional technologies (microarrays), and drug discovery applications demanding NGS technology are few factors driving the growth of this market. Legal & ethical issues are likely to hamper the market growth. Interpretation of complex data and lack of skilled professionals are the other major factors restraining the NGS market growth.

Market Segmentation

The global next generation sequencing market has been segmented by -

Application: drug discovery/personalized medicine, genetic screening, diagnostics/infectious diseases, agricultural and animal research, and others.

The drug discovery/personalized medicine segment dominates the application segment. However, diagnostics/infectious diseases segment is the fastest growing of the NGS Market.

Technology: whole genome sequencing, targeted re-sequencing, whole exome sequencing, RNA sequencing, Chip sequencing, De Novo sequencing, and methyl sequencing.

RNA Sequencing accounted for the largest market revenue in 2015. However, whole genome sequencing is expected to grow at the highest CAGR during the forecast period.

Products: instruments, reagents & consumables and services.

The reagents and consumables segment had the highest market share in 2015. However, services segment is expected to grow at a high CAGR through 2021.

End-User: hospitals & healthcare institutions, academics, biotech & pharma firms, and others.

*Values in this graph are adjusted. Actual values available in the report.

The largest share in 2015 was held by the academics segment, but the pharmaceuticals segment is expected to hold the largest share by 2021.

Geography: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

North America is currently the largest market for NGS, followed by Europe. This is due to the increased awareness about the quick return on investment and accuracy of the technology. Asia-Pacific is one of the fastest growing segments.

Many players in this market are trying to expand their product portfolio to top the global market. Few companies have adopted product innovation and new product launches as their key business strategies, to ensure their dominance in the market.

The major players operating in the NGS market are -

Illumina Inc. (U.S.)
Thermo Fisher Scientific (U.S.)
Hoffmann-La Roche Ltd (Switzerland)
Pacific Biosciences (U.S.)
Agilent Technologies (U.S.)
BGI (Beijing Genomics Institute) (China)
Qiagen (The Netherlands)
Biomatters Ltd (New Zealand)
Genomatix Software GmbH (Germany)

Key Deliverables in the Study

Market analysis for the global next generation sequencing market, with region specific assessments and competition analysis.
Market definition along with the identification of key drivers, restraints opportunities and challenges.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence the market on a global and regional scale.
Extensively researched competitive landscape section with company profiles of key players with the analysis of their current strategic interests and key financial information.
Identification and analysis of the macro and micro factors that affect the global next generation sequencing market.
Insights of the market in the regions that have the highest potential for growth and also to identify the markets that are still untapped.

Table Of Contents

Global Next Generation Sequencing (NGS) Market
1. Introduction

1.1 Study Deliverables

1.2 Market Definition

1.3 Sizing Units

1.4 Base Currency

1.5 Review and Forecast Period Years

1.6 General Study Assumptions

1.7 Report Description

2. Research Methodology

2.1 Introduction

2.2 Analysis Methodology

2.3 Econometric Forecast Model

2.4 Research Assumptions

3. Executive Summary

4. Key Inferences

5. Market Overview and Industry Trends

5.1 Current Market Scenario

5.2 Porter's Five Forces

5.2.1 Bargaining Power of Suppliers

5.2.2 Bargaining Power of Consumers

5.2.3 Threat of New Entrants

5.2.4 Threat of Substitute Products and Services

5.2.5 Competitive Rivalry within the Industry

6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

6.1 Market Drivers

6.1.1 Increasing applications in clinical diagnosis boosting the market growth

6.1.2 Speed, cost and accuracy to spur the market growth

6.1.3 Efficient replacement for traditional technologies (Microarrays)

6.1.4 Drug discovery applications demanding NGS technology

6.2 Market Restraints

6.2.1 Legal and ethical issues to hamper the market growth

6.2.2 Interpretation of complex data

6.2.3 Lack of skilled prpfessionals

6.3 Key Challenges

6.4 Current Opportunities in the Market

7. Market Segmentation

7.1 By Technology

7.1.1 Whole Genome Sequencing

7.1.2 Targeted Resequencing

7.1.3 Whole Exome Sequencing

7.1.4 Rna Sequencing

7.1.5 Chip Sequencing

7.1.6 De Novo Sequencing

7.1.7 Methyl Sequencing

7.2 By Products

7.2.1 Instruments

7.2.2 Reagents and Consumables

7.2.3 Services

7.3 By End Users

7.3.1 Hospitals and Healthcare Institutions

7.3.2 Academics

7.3.3 Biotech and Pharma Firms

7.3.4 Others

7.4 By Application

7.4.1 Drug Discovery

7.4.2 Genetic Screening

7.4.3 Diagnostics

7.4.4 Personalized Medicine

7.4.5 Agriculture And Animal Research

7.4.6 Infectious Diseases

7.4.7 Others

7.5 By Geography

7.5.1 North America (NA) United States Canada Mexico

7.5.2 Europe UK Germany France Italy Spain Rest of Europe

7.5.3 Asia Pacific China Japan India Australia Rest of APAC

7.5.4 Rest of the World

8. Competitive Landscape

8.1 Mergers and Acquisitions

8.2 New Product Launches

8.3 Agreements, Collaborations and Partnerships

9. Future Outlook of the market

9.1 Roche Holding Ag

9.2 Agilent Technologies, Inc.

9.3 BGI (Beijing Genomics Institute)

9.4 Biomatters, Ltd.

9.5 Qiagen

9.6 Dnastar, Inc.

9.7 Gatc Biotech Ag

9.8 Genomatix Software Gmbh

9.9 Illumina, Inc.

9.10 Knome, Inc.

9.11 Thermo Fisher Scientific

9.12 Macrogen, Inc.

9.13 Oxford Nanopore Technologies, Ltd.

9.14 Pacific Biosciences

9.15 Partek Incorporated

9.16 Perkin Elmer, Inc.

9.17 Qiagen N.V.

10. Future Outlook of the Market

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
The Chinese Market for DNA Sequencing

The Chinese Market for DNA Sequencing

  • $ 6650
  • Industry report
  • September 2016
  • by BCC Research

Use this report to: - Learn about recent advances and trends in the Chinese sequencing industry and market. - Analyze the Chinese sequencing market by workflow, including sample preparation products, ...

Agrigenomics Market by Application, Sequencer Type, Objective, and Region - Global Forecast to 2021

Agrigenomics Market by Application, Sequencer Type, Objective, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • September 2016
  • by MarketsandMarkets

“The agrigenomics market is projected to grow at a CAGR of 7.8%, in terms of value” The agrigenomics market is projected to reach USD 13.56 billion by 2021. Rising funds toward agrigenomics research ...

US Next-generation Sequencing Services Market

US Next-generation Sequencing Services Market

  • $ 4950
  • Industry report
  • September 2016
  • by Frost & Sullivan

$1,000 Genome Pricing and Throughput to Drive More and Larger Sequencing Projects The next-generation sequencing (NGS) services market includes all sequencing services conducted with next-generation o ...

Download Unlimited Documents from Trusted Public Sources

Genetic Industry in Denmark and Brazil

  • November 2016
    9 pages
  • Genetic  

  • Denmark  


View report >

Global Nanomedicine Industry - Forecast

  • November 2016
    23 pages
  • Nanomedicine  

    Personal Genomi...  

    Gene Therapy  

  • United States  



View report >

Genome Sequencing Industry in the UK

  • November 2016
    29 pages
  • Genome Sequenci...  

    Infectious Dise...  

  • United Kingdom  

    United States  

View report >

Related Market Segments :

Genome Sequencing


Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.