1. Market Research
  2. > Biotechnology
  3. > Genomics Market Trends

Analysis of the Western European Next Generation Sequencing (NGS) Market

  • June 2014
  • 156 pages
  • Frost & Sullivan
Report ID: 2169136

Summary

Table of Contents

Clinical Applications Grow, Regulations Stiffen, Acquisitions Mount

This study explores Western Europe’s dynamic next generation sequencing (NGS) market. The majority of the quantitative and qualitative information was acquired through primary research conducted with NGS providers. The market is broadly classified into 2 major segments: instruments and reagents, and 2 subsegments: research use only and clinical diagnostic use. Geographic segmentation covers the United Kingdom, Germany, France, Spain, Italy, Benelux, and Scandinavia. Also, the study includes a competitive analysis (SWOT), product analysis, revenue forecasts, and market share using a base year of 2013 and a 2014–2018 forecast period. A list of key sequencing service providers for each country or region is included.

Methodology

The majority of the quantitative and qualitative information contained in this research service was acquired through primary research conducted with next generation sequencing (NGS) instruments and reagents providers. Most consultations were conducted with vice presidents (VPs) of business units, VPs of marketing, product managers, marketing managers, marketing directors, and business development directors from various competitors within the next generation sequencing. Industry-specific information obtained includes:
-NGS revenue breakdowns by technology segments and regions
-Company revenues, market share estimates, and projected growth rates of various competitors
-Top-level customer, regional, and technology market trend information
-Market drivers, restraints, and challenges Supplementary research was conducted utilizing secondary sources including scientific journals, online media, Frost & Sullivan databases and research services, and publicly available corporate filings. Forecasts are based on the data and analyses regarding industry challenges, market drivers and restraints, and market trends. If specific revenues or market sizes were unavailable, estimates were derived through the consultations with industry experts, augmented by secondary research. Growth trends specific to certain market participants are based on consultations, past growth rates, and technology reviews. For the instrumentation market, revenues were calculated based on a bottom-up approach using installed base per country.

Key Findings

-The Western European market for NGS generated $ million in 2013 and is expected to reach $ million in 2018. The market is expected to grow at a CAGR of %.
-Combined, the NGS instruments and reagents markets in Western Europe contribute close to % of the global market revenue, with Germany and the United Kingdom generating a combined value of % within Western Europe.
-The NGS instruments market generated $million in Western Europe in 2013, with an expected CAGR of % from 2013 to 2018. Meanwhile, the reagents market totaled $ million in Western Europe and is expected to grow at a CAGR of % through 2018.
-The market is driven by a wide range of clinical applications for NGS such as NIPT*, HLA* typing, and the food testing industry.
-The market is restrained by a lack of reimbursement codes for NGS-based tests and manufacturers adhering to the LDT* route rather than following the capillary electrophoresis (CE) marking route.
-Key vendors in the NGS instrumentation space include Illumina, Life Technologies, Pacific Biosciences, and Roche (until the company exits the market in 2015). Emerging competitors expected to enter the NGS instruments market include Oxford Nanopore Technologies and QIAGEN (Intelligent Bio-Systems).
-Key companies to watch in the NGS market include GenapSys, DNA Electronics, Genia Technologies, and Nabsys. These companies provide the latest and disruptive technology principles based on semiconductors, which create partnership opportunities for European companies looking to thrive and venture in the high growth genomic market.
oThe above mentioned companies aim to reduce the price of both sequencing and high throughput sequencers thereby making sequencing affordable.
oBio-Rad Laboratories acquired GnuBIO on 11 April 2014.
-Frost & Sullivan estimates that by 2016, clinical sequencing will be more welcomed and accepted by the physician community.
-Several databases on whole genome sequencing are being developed to accelerate the NGS toward the next level of application and a more confident platform.
-The key factors affecting the Western European NGS market forecast are summarized below:
oApplication Drivers: Clinical applications loom large, for example, whole genome sequencing and targeted sequencing for NIPT applications.
oTechnology Trends: Tremendous price decrease in human genome sequencing has given rise to many emerging platforms. Many bench-top sequencers have also given rise to the demand for adopting NGS over traditional forms of sequencing.
oMacroeconomic Trends: Whole genome sequencing, targeted sequencing, and genetic testing have created a surge for more sequencing facilities across Western Europe. Genetic tests with a prognostic and predictive ability and early stage diagnosis complemented by the companion diagnostic concept influence the uptake of low cost sequencers. Extensive genome heterogeneity offers a “driver“ for the adoption of NGS within the diagnostic pathway for oncology in the near term.
oRegulatory Trends: Although the United States has no clearly defined in vitro diagnostics (IVD) regulatory pathway for sequencing tests, the Western European scenario offers a different route for NGS. The CE marking of platforms makes sequencing tests possible in the clinical settings, and a few sequencing tests are also reimbursed in the European Union by payers. The less stringent regulatory pathway in Western Europe creates a favorable market to expedite the launch of innovative technologies.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Next-Generation Sequencing Services Market by Type, Technology, & Application - Forecasts to 2022

  • $ 5650
  • Industry report
  • August 2017
  • by MarketsandMarkets

“Global next-generation sequencing (NGS) services market projected to grow at a CAGR of 21.0%” The global next-generation sequencing (NGS) services market is expected to reach USD 2,748.6 million by ...

Microbiome Sequencing Services Market by Technology, Application, Research Type, Laboratory Type, End User, Other Technologies - Forecast to 2021

  • $ 5650
  • Industry report
  • May 2017
  • by MarketsandMarkets

The global microbiome sequencing services market is poised to reach USD 1424.7 million by 2021 from USD 538.0 million in 2016, at a CAGR of 21.5% from 2016 to 2021. The rising use of microbiomes in genomics, ...

NGS-based RNA-seq Market by Products & Services, Technology, Application, End User - Global Forecast to 2022

  • $ 5650
  • Industry report
  • May 2017
  • by MarketsandMarkets

The global NGS-based RNA-seq market is projected to reach USD 2.65 billion by 2022 from USD 1.05 billion in 2017, at a CAGR of 20.2%. Factors such as the advantages of RNA-seq over microarray technology, ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

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